SOUTHERN EXCHANGES

Auckland Star, Volume LXX, Issue 21, 26 January 1939, Page 8

SOUTHERN EXCHANGES

! TO-DAY IN CHRISTCHURCH. SPURT DIES DOWN. ONLY A FEW SALES. (By Telegraph.— Special to ".Star.'*) CHHISTCHURCH, this day. Condition* were again quiet on tin- morn-in-j. call of the Chi istchim h Exchange to-day. It* was an unwelcome reaction altir tin- activity of yesterday, when, on the da\ s business 2.'* M) ti.li.iivx and £2700 hoi til of stock changed hands. Sales on 'Change tins iiiui were Commercial Hank, which louinl buyers at tlx- Mich anged vi ae of li>/ . New Zealand Breweries. which weie firm at 41 / . iind Dnniop Kiiblxiis. which were attain fractionally weaker, falling from '21 4 three diij s ago to 20 0. (Srey Rivers fell for the first time after a gradual rme to 18, 2. They sold to-day at IS'. There was n*rain no Government Stock available, although buyers made tirin offers of i.'9B 10, for the 4 per cent inscril>ed 1!M0 and 4 per cen{ bonds maturing in the same year. in the banking section lmyein of Coin 1 tnereials of Australia preference raised •their bids Gd to i."i> S 6. but sellers were nut interested. Nationals of New Zealand were offered 2d cheaper at 47/3. but were not wanted. I'liion sellers raised their price tfd to £8 12. 6, but there w«s no response. 1 Auckland Ga* shares were on offer at [ the unchanged quotation of 10 3, but d lew no i espouse. ('•hristcliurch Gas, which closed at from 24 (1 to 26/ yesterday were quoted at from 24/9 to 25,9 to-day. Australian Glass recovered slightly, buyers raising their offer® 3d to £o 7/0, and sellers went up 9d to £3 8/6. British Tobaccos had_ sellers fid higher at SO/, with no offers.' Sellers of Colonial Sugars raised their price 2/6 to £47 12/6, after busineM oi £47 10/, but were 12/6 above buyers' offers. SALES RECORDED. (By Telegraph.—.Press 'i Association.) CHRISTCHUIfCH. Wednesday.—Stock, 1.1/2/43-46, 4 - p.e., £!>H IS/: Commercial Bank of Australia, 10/; Australian Glass, £T> 8/; DunlopI'erdrlau, CI 0/10; G. J. Coles. £4 1/Vr; Wnolwnrtlis (Sydney), £1 X/ 10 (3); Mount Morgan. 10/2. Tlil.< I»ay.—Commercial Bank. 16/; New Zealand Breweries, 41/: Dmilrtp Kuhlwr. 20/0 : (i rey Hlvor. IS/ (8). Reported: | Commercial Bank of Sydney, £21. I'nIfsted: liullins Brewery," R/6. WBLTyI NGTON. Wednesday.—National Bank of New Zealand. £2 7/: N.Z. Breweries, £2 1/3; G. J. Coles. £4 1/7J (2). This Day.—Morning call : Bank of New Zealand, £1 10/2; Taranakl Oil, 7/3. Noon call: New Zealand Breweries, 41/; Australian Glass. £.1 8/. Reported : 4 per cent stock. 1 !).■>.». £91); Bank of New Zen - land, £ 1 18/2; Woolworths, Ltd., ordinary, DUNEDIN. Wednesday.—Rural Bonds. 15/9/47, 4 p.e.. £1)8 10/; Dunedtn Drainage Board, l/4/47-.'iO, 4J p.c., £101 10/. Unofficial: A. and T. Burt (pref.). 11/6. This Ifciy.—National Insurance. 13/8; Mount Morgan. Il>/2; Dominion Fertiliser, £12/; Bank of .New Zealand, £1 19/.