SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 85, 11 April 1938, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH.

AUSTRALIAN SHARES RISE

MORE INTEREST IN METALS. (By Telegraph.—Special to " Star.") CHRISTCHUKCH, this day. Leading Australian industrials improved on the Exchange this morning with rises or over 1/ in some instances. North Broken Hills sold '2/8 higher tha"n 011 tiiday, this being the biggest rise of the call.

I G. J. (. oles were substantially firmer, | and alter sales up to £3 I<J,3 ami £3 19/2 | buyers offered £3 19/1, with sellers 2d I away. Oilier chain stores had no business, though Woo!worths (Sydney) were strong, I with quotations from £1 2/ to £1 2/3. .Little alteration in values was noticeable m the early sections, with buyers' limits on par with last week's closing levels. New Zealand Breweries recovered further to a market between £2 3/ aud £2 4/, rising by 3d arid 6d respectively, British Tobaccos and Broken Hill Proprietary pave the miscellaneous division a pood start. Buyers finished at £2 6 2 for the former and at £2 19/3 for the latter. Metal shares were generally brighter, -Mount Lye lls going to £1 8/5 and £1 8/4, with more sellers at the latter figure. Broken Hill Souths were wanted at £1 In the unlisted section Selfridges (Australasia) had a weak market, standing between 12/ and 16/. SALES RECORDED. (By Telegraph.—Press Association.) CHRISTCHURCB. This Day.—British Tobacco, £2 6/3 (2 parcels) ; Broken Hill Proprietary, £2 19/3: (con.), £1 14/11, £1 15/; G. J. Coles, £3 19/3 (3 parcels), £3 19/2 (2 parcels): Mount Lyell, £1 8/5. £1 8/4; •North Broken Hill, £2 9/, £2 9/3. WELLINGTON. This Day.—Morning cull: Bank i»f Australasia, £10; Electrolytic Zinc (ord.), £2 1/; (pref.i, £2 0/6 (2 parcels) ; Woolworths, Limited (ord.), £1 I' 3(2 parcels); Mount Lyell, £1 8/. Reported: 3£ per cent Stock. 1938-52. £ 1(13 7/6; National Bank of New Zealand, £2 15/; Woolworths Holdings, 15/4. Noon ("ill.—Commercial Bank, lfi/2 • Bank of New Zealand, £2 3/6; New Zealand Breweries, £2 3/6 (2 parcels); Australian Glass, A: 4 10/; Taranaki Oil, 6/5; Skippers, id; Mount Lyell, £1 8/4. DUNE DIN. This Day.— New Zealand Breweries, £2 3/3: Taranaki Oil, 6/3: Electrolytic Zinclord.), £2; Broken Hill South, £1 11/.V Mount Lyell, £1 8/6, £1 8/5; Mount Morgan, 9/6.