SOUTHERN EXCHANGES
TO-DAY IN CHRISTCHURCH.
A BETTER MARKET
OILS AND CHAIN STORES. (By Telegraph.—Special to "otar.") CHRISTCHURCH, this day. Firm prices ruled for most shares on Exchange this morning. Greatest activity lay in chain stores and Taranaki Oilfields. Yesterday'* recession in Woolworths Properties (limits) was checked with dealings tit •"> t; . The parent company's shares were firm at £1 0/6, and G. J. Coles finished from £4 1, 10 to £4 2, , after business at the higher rate. Interest in oil shares was well maintained. Taranakis rose above the highest level of yesterday's sales. Active business at 14 3 cleared out a number of sellers, closing quotations ranging from 14/ to 14/4. Metal issues were fractionally easier. Broken Hill Souths were 3d down, at £1 6 10, Lyells were on offer at £1 2/11, and North Broken Hills at £1 17/. There were only a few alterations in the early sections. Meat shares had good attention, with buyers for Canterbury at £9 5/, for New Zealand Refrigerating at 18/3, and for Southlands at £1 9,0.
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Bibliographic details
Auckland Star, Volume LXIX, Issue 138, 14 June 1938, Page 4
Word Count
174SOUTHERN EXCHANGES Auckland Star, Volume LXIX, Issue 138, 14 June 1938, Page 4
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