SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 221, 19 September 1938, Page 6

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. MOST PRICES EASIER. METAL SHAKES ARE LOWER. I (By Telegraph.—Special to "Star.") CHRTSTCHrRCJI. this day. The small batch of s.iUs on the Christchurch Exchange this morning brought easier prices in most cases, though there was an absence of heavy selling pressure. Buyers in some sections outnumbered sellers, but business was hard to comj Pletc. CJovernmeTit lfM3-40 stock rose fractionally compared with last local dealings and closed with buyers at £100 and sellers at £100 l-.'O. Only banks were quoted, these being fairly stcadv. Xew Zealand Breweries slipped 3d to 40' when further sellers otl'ered at the -amc ligure and buyers dropped back to 3f) '•>. There were : plenty of buyers in this section, but limits were low and sellers showed little interI est. I British Tobaccos in their first local sales 'for nearly a fortnight dropped by 3 l.bilt | the price of Mi was in line with Saturdays selling offers. Broken Hill I'ro- ', prietary eased slightly and Zincs appeared I' less hrm than on Saturilav. Onlv Xorth Broken Hills had business in the metal ; (.'roup, selling 2d down at 4.V. Cnsup- ! ported sellers of Kawang Tins asked S'. SALES RECORDED. (Hy Telegraph.- -Press Association.) CHUISTCIHUCH. This Day. Inscribed Slock. lf>43 4«. 4 i per cent. U inn ."> ; New Zealand Breweries, 40/; British Tobacco (cum div.i, 4»i' : ISn.keii Hill Pinprietarv. " '3 (2>; North Broken Hill (emu iliv.). 4.1/ (2). WKI.I.INCTON. Noon fall. Wi.nlwortlis. Ltd.. ord., 20/2 : Mount I.veil. :Mi i; ; Tiimnnki oil. 122 (2). Keporteil Sale. Southland Frozen Meat, | £1.10,3. DtXKDI.V. Tuis I>nv.—Dunedin Citv Debentures. 4} per wilt. 1 4 :(7. £HI2 15/; Bank of New; Zealand, £22.