SOUTHERN EXCHANGES

Auckland Star, Volume LXX, Issue 31, 7 February 1939, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. MORE ACTIVITY. WOOLLEN SHARES WANTED. (By Telegraph.—Special to "Star.") • CHRISTCHURCH, this day. There was more activity at the morning fall of the Christchurch Exchange to-day than for some time past, 640 shares ilt.tnging hands at generally firm rates. Sales included Bank of New Zealands, which were down 3d at 38/3, New Zealand Breweries at the firm rate of 40/, and British Tobaccos 3d dearer at 48/0. Woolvorths (N.Z.j, Limited, were down 4%d on last week, and Evan's Flours at 22/. A feature of the call was stronger quotations for woollens. Buyers of Felt knd Textiles raieed their best offer 1/3 to 33/3 but could not get a response. There was a rise of 1/3 in offers of 11/9 for Kaiapois (17/ paid), with no sellers. The 7/ paid were quoted at from 4/9 to 5/D, three points stronger than yesterday. Manawatus were firm at from 20/ to 25/, and sellers of Oamarus went up to 13// buyers 12/4. I There also seemed a stronger tone in the ifioat section. Buyers of Gears offered yesterday 'k selling price of 12/, but fellers had raised their limits to 13/. Threepence more was offered for New Zealand Refrigerating (£1 paid), but the price of .17/9 did not attract a seller. The 10/ paid had firm offers at 8/, and North Canterburys were wanted at 15/3. There was an upward trend in Australian Glsse, and buyers raised their bids from £5 87 to £5 11/, buit sellers had also firmed 2/6, closing wide at £5 15/. 6. J. Coles shared ttfe healthier tendency, being quoted at from 77/6 to 79/9, compared with from 77/ to 78/9 yesterday.

SALES RECORDED. C H RISTCIII' RCH. Monday.— Bank of New South Wales, t :to 12/0, fc 30 1.1/; Commercial Hank of Sydney. H 'JO 13/ (2): N.Z. Breweries. £2 ; Oamarti Woollens, 12/t>; Woolworths Holdings (South Africa). 15/. j To-day. —Hank 'of New Zealand, :iS/n; New Zealand Breweries. 40/ (Ml: British Tobacco. -IN/'.); Kvan's Flour, 22/'; Woolworths (N.Z.), 17/0. WELLINGTON. Monday.—Rural bonds, lu/!)/47, 4 p.c., £!»S 17/<i; Bank of New Zealand, £ 1 18/0; British Tobacco, £2 t)/: Consolidated Brick. 8/0: Electrolytic Zinc, £2 7/: G. J. Coles, £3 17/10. £3 18/. To-day.—Bank of New Zealand, £1 18/6; Wellington Gas (pref.), fl 'A/. Noon: South British Insurance. 44/7}: Farmers' Trading, 10/. Reported: New Zealand Insurance, £2 14/0; South British Insurance. £2 4/7 i: Leyland O'Brien Timber, 14/0; New Zealand Breweries,' £2 0/3. DUNEDIN. Monday.—Commercial Bank of Australia, Ifi/: N.Z. Breweries, £2; Mount Morgan, 10/10. To-day.—Commercial Bank. 16/: Broken Hill rty., £2 17/8; New Zealand Drug, £3 3/.