SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 62, 15 March 1938, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. BUSINESS RESTRICTED. MOUNT MORGAN SHARES EASIER. (By Telegraph.— Special to "Star.") CHRISTCHURCH, this day. Restricted business followed the long week-end break on the Christchurch Exchange. A main feature this morning was a slight easing in Morgan shares. Some banking shares lacked support, and there were very few quotations for Government debentures. Though National Banks of Sew Zealand looked better at buyers' £2 14/3, and New Zealands improved to inquiry at £2 3/3, the Australian group seemed easier. Breweries were in fair demand, but Tooth's dropped back to sellers at £2 15/10. Dominions were on offer at £2 0/6, and no buyers. Saturday's rates were generally maintained in the miscellaneous division. Drug shares had inquiry at £3 8/, and Dominion Fertiliser buyer's remained firm in expectation of an improvement in the dividend rate. Chain stores had a few sales. G. J. Coles recovered 3d, and McKenzies closed from I£3 10/ to £3 10/6. Woolworths were 1 steady. 'Apart from a loss of 2d in sales of Mount Morgan shares, the mining section revealed few interesting features. Rawang JTins were unaltered. Lyells had a market between £1 9/6 and £1 9/8, and Barrier shares were quiet. SALES RECORDED. (By Telegraph.—Press Association.) WELLINGTON. ■.^ ond , ay -~ Woolworth s Holdings (S.A.), 16/2 (2 parcels). This Day.—Morning Call.—Bank of New Zealand, £ 2 3/1J ; Australian Glass, £4 16/. .. ,o oon Call —Bank of New Zealand, £2 a/3. £2 3/1 J; McKenzies, £ 3 10/6' Colonial Sugar. £4(> 10/; G. J. Coles, £4 1/3; Woolworths, Limited (ord.), £1 6/U. CHRISTCHURCH. This Day.—Electrolytic Zinc, £2 of; G J. Coles, £4 1/6. £4 1/0; Woolworths, Ltd. (ord.), £1 6/8; Skippers. Ltd.. 15d ; Mount Morgan, 9/10 (2 parcels) ; Rawing Tin. 0/3 (2 purcelsj ; Mount Morgan (pref.), 4/ paid, 5/6, 5/5 (3 parcels). DUNEDIN. ifonday.—Stock, 15/2/43-46, 4 per cent. £}?JZ I >.' ; Stock - I J/H/38-52. 3| per cent, £103; Mount Morgan (pref.), 5/6 This Day.—New Zealand Refrigerating (con.), 8/2; Woolworths (Sydney), £1 6/0