SOUTHERN EXCHANGES

Auckland Star, Volume LXIX, Issue 229, 28 September 1938, Page 8

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH.

CHECK TO PANIC PRICES.

j AN ERRATIC MARKET. I (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. Though Exchange values were still weak jtl'is morning there were sinus of a check i:i t!ic panic falls which took place yesterday afternoon, particularly in the level of eoliinfj quotations. | Of buyers little was heard in many 1 so. tions. Broken Hill Proprietary ilhtsj tratcd the trend, with sales up to ol (i j and 51, 4. compared with Melbourne busi- ' iicss at 51/ yesterday. Britiwh Tobaccos, which yesterday afternoon had sellers in ('III istchurch at 43/3, were asked for 3d higher, holders wanting 44/. Electrolytic Zincs were steady. G. J. Coles only plightly altered. Dunlops, however, eased 1 to a market between 18/4 and IS O Ranks were comparatively neglected. New Zralands had a market from 40/ to I -12 . Commercials of Australia were quoted from 1.i,3 to I.VB, and Commercials of Sydney had no buyers in response to sellers at, t' 20. Refrigerating shares weakened to a market between 1(5/ to 17/!) for fully paids and to unsupported sellers at 8/ for contributing. Breweries, quote<l between ,'b li .iinl :!o', were wide and Tooth's had sr'ling offers unsupported at 48.'. Metal* were steady. Mount Morgans relapsed to final quotations from ID'5 to in li ami \olth Broken Hills train" 1 •••.| ' <'x dividend to buying inquiry compared with sellers cum div. ti l day a t i' 2 '2.

SALES RECORDED. (By Telegraph.—Press Association.) ! CI 11{ ISTCIIUKCH. | Tims.lay.— Standard Insurance. £2 14/0 : IA in I.la ml (ias. l'.l/tl; I'hrlstclmrrh t; 1 li/Ii : Tooth's Itrewer.v, i; "J 0/U ; New Zealand ISrewerles, U1 IS/; British Tobacco, i j C J *"•/ : rolonial Sujf.ar, .t-t 1 30.'. c 4r> 1 I U/f> : Electrolytic Zinc (ord.), t 1 17/. ' ■ I'notficial : Keece, Limited (pref.), 3/. I 'I his_ Day.—-Broken Hill Proprietary, 1 ,r»1/li. 51/ t (2), (con.) 33/8, 33/1!: Kleetrolytie Zinc ford.). 36/6 (2), (pref.) 41 6: [ Wool wort lis (Sydney, ord.l, 11) C. ; Mount ■ Morgan. 10/4, 10/6. Reported : Broken ] i Hill I'roprietary (late yesterday), o(l/3, | 1 .51/11. I WELLINGTON. Tuesday.— Broken Hill Proprietary. €2 I] lL'/l; New Zealand Drug, S3 !>/3 Wool- I 1 1 worths (Sydney), l!)/0. Cnofflcial : New | j Zealand Perpetual Forests, 34/lojd. ■ This Day. — Reported : Stock. .'>,S-02. 31 1 [per rent. £09 17/6; Stock. 30-43. 3J per I cent. C'tS 7/6; Stock, l!)4!l, 4 per cent, I 1 t 11 11) ID/ ; Broken Hill. £ 2 11/; New Zen- | land Drugs. !& 3 8/6; Wool worths l.td. > (ord.), 10/5 and 10/4 (2) ; Gillespie's Beach, lljd. - , | Noon call: Woolworths Ltd. (ord.), 10/2; 1 McKenzles, 58/6. ' j DUNEDIN. Tuesday. — Stock, 15/2/43-46, 4 per cent, ' £ mo. I 1