SOUTHERN EXCHANGES!

Auckland Star, Volume LXIX, Issue 126, 31 May 1938, Page 4

SOUTHERN EXCHANGES!

TO-DAY IN CHRISTCHURCH.j A DULL MARKET. j i N.Z. BREWERIES WEAKEN. (By Telegraph.—Own Correspondent.) CHRISTCHURCH, this day. The markets remained dull on call this morning, values showing only occasional' glimpses of strength. Banks made a poor showing, sellers predominating, and buyers coming in in only half a dozen positions, i Union Banks looked better with inquiry j at £S 3/, but the rest of Australian issues j had weak sellers. Commercials were j quoted from 15,S to 15/9. New Zealand j Breweries relapsed again, and, after selling] 3d down, at £2 2/2, had a tinal market' between £2 1/11 and ±'2 2/2. Swans, with their first local dealing this year, had | reported sales at £1 7/6. j The quarterly dividend announcement by British Tobac.os failed to improve the j jnarket, sellers asking £2 7/6. Broken Hill j 'Proprietary lost Id, but closed with buyers and sellers close at £2 19/8 and £2 19, 9 respectively. The only issue to show improvement in the Australian miscellaneous section was G. J. Coles, for which buyers went to £4 1/ to obtain requirements, further sellers being quoted at that figure after business. Dominion Builders' Supplies maintained their position at 5,/. 'but there was not much interest taken in other New Zealand company shares. Mining sales were slack. Morgans had steady inquiry at 8/7, sellers 2d away. SALES RECORDED. (By Telegraph.—Press Association.) WELLINGTON. Monday.—Bank of New Zealand, £2 4/8; Southland Meat, £1 9/2; British Tobacco, i 7/8. This Day.—Morning call: 3J per cent Stock. 1938-52, £ 102 2/6; Woolworths! (rights). 3/l<0; Mount Lyell, £1 2/6. j Reported: Bank of Australasia, £9 15/; Australian £4 12/. Noon Call.—Goldsbrough. Mort, £1 9/9; New Zealand Breweries, £2 2/6; Electrolytic Zinc (pref.), £2 1/; (ord.), £1 16/4; Woolworths Properties (rights), 3/10 (2 parcels) ; Bank of New Zealand, £2 4/7. CHRISTCHURCH. g Monday.—Stock, 15/4/46-49, 4 per cent, H £103 5/; 15/6/52-55, 4 per cent. £104 A 7/0: K.. S. and A. Bank, £4 17/; New " Zealand Fanners' Co-op. (A pref.), £1 " 17/0: New Zealand Refrigerating (10/ f | paid ), 8/5: New Zealand Breweries, £ 2 ri 2 0. £2 2,'5 ; Broken Hill Proprietary, £2 n l'J/10: Taranaki Oil, 8/6; Rawang Tin. 8/3; Broken Hill Proprietary, £2 19/9 (2 , parcels) : Woolworths Properties (rights), 1 3/10 (5 parcels). t This Day.—Bank of New Zealand, £ 2 li 4/4; New Zealand Breweries. £2 2/3. £2 a 2/2 (2 parcels) ; Broken Hill Proprietary, . £2 19/9; Dominion Builders, 5/; G. .T. Coles. £41/; Tar.inaki Oilfields, 8/6, 8/7; Woolworths (Sydney, ord.). £1 0/9: f (rights), 3/10; Maori Gully. 6d ; Mount t Lyell, £1 2/C, £1 2/5; Swan Brewery, £1 7/6. j DUNEDIN. p Monday.—New Zealand • Refrigerating ; (10/ paid). 8/4; Southland Meat, £1 9/, , £ 1 9/2 ; Westport Coal, £14/; New Zea- „ land Breweries, £2 2/3: Stock. 15/9/39-43, ' 35 per rent, £100 5/1 Bruce Woollen, 5/: Mount Morgan. 8/8; North Broken Hill, 1 £1 19/9 (2 parcels). ( i This Day.—New Zealand Refrigerating ( ( (con.), 8/4; Broken Hill Proprietary, £3; < Mount Lyell, £ 1 2/5 ; Mount Morgan, 8/8. ( AUSTRALIAN EXCHANGES. 1 ] i TODAY IN SYDNEY. \ (Received 1.30 p.m.) ' , SYDNEY, this day. i Morning sales in Sydney were:— 1 £ s. d. 1 Commonwealth Bonds — 4 p.c., 1938 102 5 0 4 p.c., 1941 100 16 3 4 p.c., 1944 101 10 3 4 p.c., 1947 101 0 0 4 p.c., 19*50 103 -3 9 4 p.c., 1953 103 17 6 4 p.c., 1955 104 10 0 4 p.c., 1957 102 17 6 4 p.c., 3939 103 10 0 4 p.c.. 1961 104 1 3 British Tobacco 2 7 9 Farmers' 112 O General Industries 0 18 3 Lustre Hosiery 1 1 9' YESTERDAY'S BUSINESS. SYDNEY, May 30. Another quiet day was experienced on the Sydney Stock Exchange to-day, with * further weakening in base metal shares •mil also in most leading industrials. Sales included: — £ s. d. Comm. Banking. Sydney . . 20 5 (i Hank New Smith Wales ... O O Toolieys Brewery 1 10 4 J Anthony Hordern 016 9 \ Anthony Hordern 0 17 0 Anthony Hordern (pref.).. 12 9 British Tobacco 2 8 O ] Broken Hill Pt.v 3 0 9 Broken Hill Pty. (con.) .. 1 16 6 Colonial Sugar 47 10 0 Electrolytic Zinc 1 17 0 Electrolytic Zinc (pref.) .. 2 16 , General Industries 0 18 3 Woolworths (Sydney) .... 1 1 0 Broken Ilill South 17 6 Mount Lyell 1 2 10J Mount Morgan 0 8 9 < North Broken Hill 1 19 3 Rawang Tin 0 8 1 On the Melbourne Stock Exchange today some industrials were better, but , Barriers and mining shares generally were ; flat. Business included:— £ ?. d. E.S. and A. Bank 4 16 0 Nat. Bank A'asia (£5) .. 6 10 O , Goldsbrough. Mort 1 10 0 Australian Glass 4 12 9 Aust. Iron and Steel (pref.) 17 9 Broken Hill Proprietary . . 3 0 9 Dunlop. Perdrinu 1 0 11 Dunlop. Perdriau (pref.) . . 1 18 0 , Drmr Houses 1 3 9 Electrolytic Zinc 1 10 9 G. .T. Coles- 4 2 6 Broken Hill South 1 8 0 Emperor Oil 6 Lolnma 1 1 0 North Broken Hill . 1 19 6