SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 206, 1 September 1938, Page 8

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. t , EXTREMELY DULL FAIR INQUIRY IN MINING. (By Telegraph.— Special to " Star.") CHRISTCHURCH, this day. j The markets were extremely dull on calls thie morning, bidding in many sections being so mechanical that price movements, compared with yesterday, were negligible. A sale of Government 1955 stock at £ 101 was a reduction of 22/6 since last business a fortnight ago. Buyers for 1946, 1949 and 1955 4 per cents offered par in all case* the only seller on 'Change being at £100 10/ for - the 1946 class. Banks showed virtually no alteration, the same conditions applying to almont every section until mining was reached. Ihere were occasional exceptions amoii" industrials, Dunlops moving up to buy ere at 21/ and Hume Pipes (Aust.) haviii" him inquiry at 20./. Sellers of Farmers' Fertilisers were unsupported at 18/9 and no buyers came in for Refrigerating shares. In mining, Broken Hill Souths and Mount Lyells pained fractionally. Buying inquiry for the Australian group was well sustained. Grey Rivers had a firm market from 13/6 to 14/ and Nemonas were slightly stronger, with buyers at 1/4.

SALES RECORDED. (By Telegraph.—Press Association.) CHRISTCHURCH. Wednesday.—Christehureh Trame, 1/8/48 4J per cent, £101 15/; Hamilton Borough 11/7/45, 4J ner cent £101 10/, 1/7/47 £102 : J'iniaru Harhnur Board, 1/1/40 41 per cent. £101 ; Bank of New Zealand (3) f" 2/7; Taranaki Oii, 12/7; Broken Hill f? u l h /o £1 9/9 ' £1 n/1 ° < 2 >: M »«»t Lyell. £1 7/2; North Broken Hill, £2 5/3 (••) • iTlinani Borough, 31/3/39, 4J per cent' 11101 10/; Gore Borough, 1/3/40, 41 per I This Day.— Xpw Zealand- Government 4 por cent Inscribed Stock, 1955 £101 • Taranaki Oilfields, 12/10; Broken Hill South (cum. div.), 30/; Mount I.yell, 27/3. Sale* reported : New Zealand Breweries, 41/11. WELLINGTON. Wednesday.—New Zealand Guarantee Corporation, 4/4; Broken Hill Proprictnrv £2 17/«; Taranaki Oil, 12/ C; Woolworths Properties (pref.), 14/1. This Day .—Morning call: Gear Meat, 14/4; Tarannki Oil, 12/7. Reported : E S. and A. Bank, £5 3/9. Noon call: Bank of New Zealand, 42/6; Christchurch Gas, 28/1. DUNEDIN. Wednesday.—Bank of New Zealand, £2 2/9 ; New Zealand Insurance, £2 16/6; New Zealand Refrigerating (eon.), 8/1: New Zealand Breweries, £2 1/9. This Day.—Woolwortbs Properties, 14/