SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 225, 23 September 1938, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH.

MARKET SLIPS BADLY,

BUYERS HOLDIXG OFF.

(Br T^l^ffraph.—

—Special to "Star.")

C' HRI ST CHURCH, this day.

Prices tumbled from yesterday'« rates *3ien the Exchange opened this morning and busire.*; leii.xed into dullness again. in -.vith recent activity in mining shares not one sale was made in this section, the bulk of the dealings being in miscellaneous industrials. I Here was a lack nf interest in banks. "_i.li only a tew- buying quotations. Seller.O' oinm'teials of Australia were unsuppnrterl at I.' 0 and ( ominertial« of Svdneiat i2O. \ I*. of S. and A. was at a reduction of fid. So Wi'l" were rjuotations in the rest of t'l" sheet untr mis, ellaneous issues were i "a' ln-f 1 that business never looked like being completed. Buyers failed to rnnie "ti th f* li»* : n in an v instances and a seller "f Kaiapoi Woollen fpref.) dropped to l-i 3 without, eni run aging a counter bid. Al l*ll it I lit 11 industrial and i-hain store group!* lost eroiind. Brr.keri Hill j'roprietaiy sellers Httished at •">.*) 2. compare,] w-jth dealings \esterdav at •">■" (5. Eler-tro-iNtic Xni'-s were <lo«-n to sellers of "t d 1 lia I ii's at .>0 f) illld or tHP preferences at 44 'i I*. .1. ( nles fell to quotations between 76 ti and Tfi fl. W^olworth* (New Zealand, oid.i dropped sharply, buvers I s . s"ll<-rs 18 s.

Metals were dull sellers and occ-asionallv ■weaker. SALES RECORDED. (By Telegraph.- I'ress Association.) CHKISTIHIRCH. Thursday. Hamilton Borough. 1.'7/."l. 44 per .enr. t: in] pi : Y. . S. and A. Bank,' to 3/0: National Bank of New Zealand. - 2 12 '): rnion Biiitk. 7. Brok'-n Hill Proprietary. t2 1"'K: Dutilop I'erdriau. t I o ."i ; K|e<*trolvri'- Zinc ipref.i '22 4,-Ji 121 : .1, Coles. Kl7/ : Woolworths < Sydney t. 11 n J! : Mount I.yell, 'ill: Wellingfon Alluvials, .*i/2. t'n-ojfii-ia] : B.illins Breweri«*s. 11 '. Tliis Hay. K.. S. and A. Bank, tT< 3/; Broken Hill Proprietary. a. : Ininlop Htihher. 211 • ."> : Klertrolytic Zine ipref.), 44-4': Tanuiiikl Oiltielils, 12/2, 12 /1 ; Burns, I'h iI p. ."io, (i. WKf.I.I N'GTO.N. Thursday. Taranakl Oil. 12 This Kay. Morning call. Stock. 30 43. 3} per cent, t!i« 7 ti : Stock. I!i4<i, 4 per cent, too 17,f.: Bank of .New South Wales (Sydney register!. t.")(i 2 (i ; Taramiki oil. 12 : Klectrolvtic Zinc (nnl.t, ~1 1!' Ipref.i, 12 Broken Hill, t 2 l.V'il II ;W. R. Carpenter, t 2 4/10J: Wilsons I'etnent. 1(i ii : Woolworths lord.), i! o 4 (2i. (second prof ), i; 1 S/7J. Noon call : Broken Hill. ,V»/ Coles, 76/11: Woolworths. I.td. (ord.i. 20/4. nr.vKDix. Thursday. —-New Zealand Br<'werles. £2: Ittscrihed Stock. 15/11 /38-."2. 3i per cent. £100; Mount Morgan ipref.i £ 1 0,0 £11/. This Day.--Broken Hill Proprietary. £2 15/ : Woolworths (Sydney). £1 0/4: Mount Morgan, 10/11 ; Balling Brewery, 11/.