SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 139, 15 June 1938, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. MARKETS GENERALLY WEAK. OIL THE ONLY EXCEPTION. (By Telegraph.— Special to "Star.") CHRISTCHURCH, this day. Hie markets failed to call a check to the easier price trend evident yesterday, and, apart from an improvement in oil shares, sales were at lower rates. There was, however, better support for a few banks. Buyers of E., S. and A.'s were at £4 16/6, and sellers 9d higher. Commercials were wanted at 15, 10. Wide quotations for South British were from £2 6/6 to £2 10/. i Pastoral and Woollen shares revealed little life. Felt and Textiles had an inquiry at £1 10/7. Kaiapois, with a market between 10/' and 11/9, seemed a long way from business. Continued interest in Westport-Stock-tons saw buyers of the ordinaries at 3 1 and preferences 6, 3, sellers at 3/6 and 7/ respectively. In the brewery section Dominions, cum dividend, were wide between £ 1 12/ and £1 17/. New Zealands, ex dividend, were marked down accordingly, and had unsupported sellers at £2 2/. Miscellaneous industrial shares were generally a few pence weaker than yesterday. Some New Zealand issues, however, remained tirm. Consolidated Bricks, cum the increased dividend, had a market from 8/4 to 9/6. Moturoa Oil shares in their first local sale since the boom in oil company shares brought 510 and 6/. Taranakis started a rush at 14/11, but closed with sales and further buyers at 11 ; 8. Metals eased. SALES RECORDED. (By Telegraph.—rress Association.) CHRISTCHURCH. This Day.—British Tobacco (cum div.), £2 7/3 (4 parcels) ; Dunlop Rubber. /£ 1 0/5 (2 parcels); Electrolytic Zinc (pref.), £2 0/3; Moturoa Oil, 5/10 (2 parcels), 6/; Taranaki Oilfields, 14/11 (4 parcel*), 14/10, 14/9 (2 parcels), 14,8: Woolworfhs Properties (rights). 3/9; Broken Hill South (ex div.), £ 1 5/6; Mount Lyell (cum div.). £1 2/6 (3 parcels), 11 2/5; Mount Morgan, 8/2 (4 parcels). Reported; Wilcox, Mofflin, 6/. Tuesday.—Commercial Bank of Australia. 15/10 ; Permanent Investment, t; 10 5/; I'ritish Tobacco, £2 7/4, A: 2 7/6; Broken Hill Proprietary, £2 18/6; Dunlop, Perdrlau, £1 0/6; Electrolytic Zinc (pref.), £2 0/6; G. J. Coles, £4 1/3 (2 parcels) ; New Zealand Newspapers, k, 1 15/8; Taranaki Oil, 14/2, 14/4 (4 parcels) ; Woolworths Properties (pref.. rights), 3/10; Mount Lyell, £1 2/6 (2 parcels). £1 2/11: Mount Morgan, 8/2 (3 parcels) ; Broken Hill South, £ 1 6/4 ; Grey River, 12/ (3 parcels). WELLINGTON. This Day.—Morning call: Australian Glass, £4 12/6; Taranaki Oil, ir»/: Woolworths, Ltd. (ord.), £ 1 0/6. Reported : Henry Jones Co-op., £2 7/6; Moturoa Oil. 5/7; Taranaki Oil, 14/91, 15/ (2 parcels), 15/3. Noon Call.— 3i per cent Stuck. 3/39/43. £100; Taranaki Oil, 14/91, 14/11, 14/10 (4 parcels), 14/111; Consolidated Brick, 8 9 ; Moturoa Oil, 5/8 (3 parcels) ; Woolworths, Ltd. (rights), 3/9 (2 parcels), 3/10 (2 parcels). Tuesday. — Westport - Stockton, 3/2 ; Electrolytic Zinc (pref.), £2 0/6; Dunlop, Perdriau, £1 0/6; Mac Duffs (ord.), 15/ ; Taranaki Oil. 14/11. 15/ (3 parcels) ; Inscribed stock, 15/11/38-52, 31 per cent, £101 10/; Woolworths Properties (pref., rights), 8/10 (2 parcels) ; Maori Gully, sd. DUNEDIN. This Day.—Broken Hill Proprietary. £2 18/6 (2 parcels) ; British Tobacco. £2 7/6; Moturoa Oil (ord.), 5/6, 5/7, 5/9, 5/11 (2 parcels) ; Taranaki, 14/9. Tuesday. —Electrolytic Zinc (ord.), £1 15/6; G. J. Coles, £4 1/6: Moturoa OH, 5/6, 5/7; Taranaki Oil, 14/8; Woolworths Properties (pref., rights). 3/9 (2 parcels) ; Mount Lyell, £1 2/7; Broken Hill South, £1 6/6. £1 6/5 (2 parcels); North Broken Hill, £1 16/ (2 parcels); Mount Morgan, 8/4 (2 parcels).