SOUTHERN EXCHANGES

Auckland Star, Volume LXX, Issue 30, 6 February 1939, Page 6

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH.

ELECTROLYTIC ZINCS RISE

AYOOLN'OKTHS ALSO IMPROVE

> (By Telegraph.— Special to "Star.") , CHUISTCIIL'IUJH, this day. > A I ise til 3, ti 111 the sale pi ice of Eiectiolytic Zmo ordinaries since last Tuesday was the leature ot the morning call on the 1 toll— t c 11111 1-J1 Stock Exchange to-day. A l'ai eel Hi 100 t.; these shares changed i ll,imls at £2 7 . The other sale oil Change was 111 Wool wort lis (Sydney I, which at 23'. continued their upwaid ' 11 end with a further improvement of 3d. A s.ile was reported of Bank of New Sonlii Wales at £30 12/6, showing a diop of 7 0 on the last sale of this stock three weeks ago. I here was again a keen demand for (JovcTiiinent sto k, with huyeis for six issues and no sellers. Sellers of National Insurance dloppcd their limits 3d to 10 , but liu.Mis were Still 2d lower. Standards were asked for at the firm rate of i! 2 1(1 . A buyer appeared for Dalgetyg at £7, but sellers remained firm at £7 15.'. In the coal section Kaitangatas were quoted for the first time this year, being 011 offer at £1 8/, with no buyers. WestportStocktons were offered at A', with 110 buyers, hut Grey Valleys were firm from 6 to S6. There was a wide margin between , buyers and sellers of Aiistraliin Ghos. for buyers dropped their offets 2' to t's 7 0. while sellers on the other hand raised their 1 price 0d to £5 1(1 0. Most Australian industiials looked easier, although Dutilops 1 moved up a few points to close between £11' and £1 15. 1 Some New Zealand industrials were a little stronger. Buvers of Consolidated | Bricks raised their offers -1d to S i. but eould get no response. Offers for Quill I Morris were raised 1/ to 1R 3, sellers asking 10'. ' In Australian mining issues Mount MorJ gana'Vere firmer between 10 10 and 11,2. I SALES RECORDED. 1 CHWSTf nmor. Tlits Day.—Klertrolyrie Zlne. £2 7': 1 WnOllvnrf hs (Sydney, ortl.l. ti 3'. i Iteported : Bank ot New South Wales ' date), £30 12/0. WE1.1,1 XGTOV. This Day.—Morning call : New Zealand 1 Insiiranc". €2 14/ ft. Keimrfed : Rank of New Zealand. £1 IS 0: Woolworths, Ltd. > (ord ), « 1 3/. £ 1 8/1. DUNK DIN". 1 This Day.—Electrolytic Zincs (ord.), £2 , 7/; Mount Morgan. 10/10. I AUSTRALIAN EXCHANGES. TO-DAY IX SYDNEY. j (Received 1 p.m.) j SYDNEY, this day. I Morning sales on the Sydney Stock J Exchange were: — Commonwealth Bonds— £ s. d. 4 per cent, lfttll 104 13 !» | Anthony Hordern 0 14 5 Australian Glass 5 0 (> Broken 1-1 111 Proprietary . . 2 15 !t f'olonlnl Sugar 40 15 0 John McGrnth 1 14 0