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SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. A QUIET TONE. 1 BREAYERIES IMPROVE SLIGHTLY. (By Telegraph.—Special to "Star.") CHRISTCHURCH. this day. j The Christchurch Exchange was quiet I this morning, and though a fair amount of reported was put through, quotations rcTCiilcL only minor changes. 1 Comparatively ffttle interest was taken in many sections. Solid's predominated in the Government division at prices slightly lower than the levels of recent sales. I Banks were practically unaltered. I All improvement in New Zealand ' Guarantee saw buyers at 4 6 and sellers lld higher. Loan and Mercantile ordinary j wore asked for at £37 10/, with no sellers. After a sale of New Zealand Refrigerating jat au advance of 3d. to 186, buyers j offered 18 4, sellers 18 '!). _ Contributing* were wanted at yesterday's sale price of 8,3.^ Woollens were again weak, but breweries showed a slight improvement, Xew Zealands finishing with a market between £2 4 3 and £2 4'6. Metal shares barely maintained recent rates. Zinc preferences dropped to £2 5/. after which more sellers asked that price, buyers (id lower. Broken Hill Proprietary stayed at the lowest point of yesterday's business. Lyells. Barriers and Morgans were quiet and unchanged. Taranaki Oilfields settled Id on cither I side of 7,9 Industrials were dull, with ■ luo'ations very close to late rates. SALES RECORDED. (By Telegraph.—Press Association.) WELLINGTON. This Pay.— Morning call: 4 per cent Stock. 104 li. £102 s'; Woolworths. Ltd. (rights). 3,' li (4 parcels). Reported: 3J per cent Stock. 1938-52. £103 7/0; Taranaki Oil, 7/11 (2 parcels), 8/1. Noon ('■all.—Wellington Investment T. and A.. 9/; Taranaki Oil, 8/ (2 parcels): Woolworths. Limited (rights). 3/6 (3 parcels 1, 3/0 (2 parcels) : Ilental and Medical. 14/6; Electrolytic Zinc (ord.), K2 2/. Wednesday.—Stock. 15/0/52-55. 4 per cent. A; 104 2/0: Wellington Investment Trust, 9/; Colonial Sugar, £48 (2 parcels) ; Taranaki Oil, 7/11. CHRISTCHURCH. This I>ny.—Broken Hill Proprietary, £3 0/2 (2 parcels); Electrolytic Zinc (pref.), £2 5/; G. J. Coles. £3 10/0 (3 parcelsi : Skippers. Ltd.. id (3 parcels) ; Broken Hill [South. £ 1 10/3 V- parcels): Taranaki Oilfields, 7/9. Reported: New Zealand Refrigerating (£1 paid), late sale yesterday. 18/3: Taranaki Oilfields (late sale I yesterday), 7/8. ] Wednesday.—Rur.il Bonds. 15/9/47, 4 per cent, £102 2/0; Commercial Bank of I Australia (pref.), £9 10/6; National Bank lof Australasia (£5). £7: Bank of New I Zealand. £2 3/10; Union Bank. £0 0/6: j Westport, Stockton (pref.). 5/9 5 New Zealand Refrigerating (10/ paid). 8/4, 8/3 (4 I parcels) : New Zealand Breweries. £2 4/3; 1 Broken Hill Proprietary, £ 3 0/3 : Dunlop. j Perdriau, £1 2/3: Electrolytic Zinc. £2 2/; New Zealand Drug, £3 7/3: Taranaki I Oil. 8/3: Martha, 15/3 (2 parcels); Mount I Morgan, 9'2 (3 parcels); North Broken I Hill, £2 9/0; Broken Hill South, £1 10/4. ! DUNEDIN. This Day.—New Zealand Refrigerating I (con.). 8/3; 0.1.C. (pref.), £1 4/3; Taranaki Oil, 7/9; Dominion Breweries, ! £1 17/0. j Wednesday.—Rural Bonds. 15/9/47. 4 per cent. £102 2/0; Bank of New Zealand ! (odd lot), £2 3/7: New Zealand Refrigerajting (£1 paid), 18/4; D.I.C. (pref.). £1 I 4/3; Taranaki Oil, 8/; Woolworths (Sydney), £1 2/4; Mount Lyell. £1 7/4.

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https://paperspast.natlib.govt.nz/newspapers/AS19380428.2.15.10

Bibliographic details

Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4

Word Count
517

SOUTHERN EXCHANGES Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4

SOUTHERN EXCHANGES Auckland Star, Volume LXIX, Issue 98, 28 April 1938, Page 4