SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. S OIL SHARES ADVANCE. ;■ NATIONAL BANKS FIRMER. . (By Telegraph.—Special ,to "Star.") ' ; ' CHRISTCHURCH, this -day. ; Apart from further quick fluctuation in .Taranaki Oilfields "which jumped 1/, to •13/1, markets on Exchange were dull this morning. In the hanking section chief interest lay in Nationals of New Zealand, with a wide market from £2 13/3 to £2 IG/, and in* New Zealands, which were quoted between £2 3/G and £2 4/3. Australian issues were almost.unchanged from last week. Loan and agencies were quiet, New Zealand Guarantees having reported business at 4/5. Permanent Investments maintained the improvement shown recently, the market standing between £9 15/ and £10 7/6. Steady offers held for WestportStockton, Christchurch Gas and New Zealand Breweries. Hays, Ltd. (35/ paid) were wanted at 16/10, but no sellers were quoting. • G. J. Coles rose a fraction, and closed with buyers at £4 2/, but in the Woolworths group Propci'ties (rights) relapsed 2d, to 3/8, and finished with more sellers Id higher. Metals were fairly steady, though Morgans were affected.by Sydney legal proceedings, in which the managing director is involved, slipped to 8/4. These shares were bringing S/10 at the middle of last | week. i SALES RECORDED. * - (By Telegraph.—Press Association.) ' . ' CHRISTCHURCH. This Day.—G... J. Coles, £42/; NewZeal and Farmers! ,Co-op. ("A" prof.), £1 17/G; Taranaki. Oilfields, 12/11, 13/, 13/1; Wool ' Properties • (rights), 3/8; Mount Morgan, S/4; New Zealand Guarantee. Corporation, 4/5. WELLINGTON. . This Day.—Morning call; . Gordon and Gotch, £2 14/3,. British Tobacco, £2 7/0; Electrolytic Zinc (ord,), £1 10/1; Woolworths Properties (rights),; 3/S (7 parcels); Woolworths Holdings- (South Africa), 16/. . Reported: New Zealand Guarantee : Corporation. 4/5; Equitable Buildings. 13/3; Moturoa Oil, 5/3, 5/3; Woolworths Properties (rights), 3/S. .'.Noon '.Call.—New Plymouth Harbour Board: 4J per cent, 1/0/50. £104: Taranaki Oil, 13/>'(2 parcels), 13/3; Moturoa Oil, 5/3: Woolworths? Ltd. (rights), 3/S (4 parcels). • DUNEDIN. This Day.—Mount Morgan, S/4.