SOUTHERN EXCHANGES

Auckland Star, Volume LXX, Issue 34, 10 February 1939, Page 4

SOUTHERN EXCHANGES

TO-DAY IN CHRISTCHURCH. STILL VERY DULL. GOVERNMENT STOCKS FIRM. . (By Telegraph —Special to "Star.") ' .' CHRISTCHURCH, this day. Most sections were dull on the Stock Exchange this morning. There was only one seller of Government stock. An offci of £99 3/ was made for the 3M per cent 1939-52 issue. Buyers were keen for 4 pel cent issues at £98 I'2/G. The banking section was quiet, there being an inquiry for -Sew Zealand* at 3S/7 and unsupported sellers of New South Wales at £30 17/8. Ex dividend quotes for X.Z. 'Refrigerating found sellers off the market. Buyers offered 17/ for fully paids and 7/3 for the contributing. Woollens maintained their recent advance. Kaiapoi 17/ paids having a market at 11/9 to 13/, Gas shares -rere weak, sellers of Christchurch asking 23/4. . After active sales Xcw Zealand Brewerics at 40/ were sellers at the same price, buyers Id below. Tooheys new issue was quoted between 2/ and 5/. ' There were few sales in the miscellaneous and industrial sections. Buyers of Australian Giass nffeved £5 12/G and for Broken Hills 57/. Electrolytic Zinc ordinaries wsre on the Market between 47/ and 47/6, but in several other instances there was a lack of buying inquiry. In the mining section Australian issues were dull and the only sale of Xew Zealand shares was Grey River at 17/6. SALES RECORDED. (By Telegraph.—Press Association.) . CHRISTCHURCH. Thursday.—Commercial -Banking. Svdncy (odd lot), £20 13/; BerM (X.Z.), k 3 3/; Dunlop.l'crdriau, £1 1/1: Woolworths (X.Z.), 17/9; Grey Itivcr. 17/1; Mount Morgan, 11/3, 11/ li. This Day.—X.Z. Breweries, £2; Woolworths (Sydney, ord.), £1 -1/!; Grey River, 17/ U. WELLIXGTOX. Thursday.—Stock, lu/li/i&t'O,' 4 n.i~ £99 15/; 15/4/46-49, 4 p.c... £90 15/; Australian Glass, £5 13/; United Provisions, 7/UV Overseas:- Woolworths Holdings (South Africa), 13/1: •■-. This Day.—Horning call: Bank of Xew Zealand, £1 IS, 0; Wilsons.Cement, io/lO;! Xoon call: Rural bonds. :£99; Woolworths (Sydney), £1 4/(2),; McKonzies, :f£2 fl/; Wilsons Cement, 15/10.^Reported:;'Bank of Xew Zealand, £1 18/9. . ' DUXEDIK. . -. This Day.—4 p.c. bonds, D2-D3. £99' 12/0: rural bonds, £99; N.Z.-Drug, £3 3/: X.Z. Breweries, £2; Mount Morgan, AUSTRALIAN EXCHANGES. TO-BAY IN SYDNEY. (Received 1.43 p.m.) SYDXEY, this day. Morning sales on the Sidney Stock' Exchange were:— Commonwealth bonds, 4 per cent—'! 1947 103 :7 0 1933 103 '0 0 1955 -.. 104 "2 6 Bank of N.S. Wales 20 16 0 Associated News .• 10' 4J (pref.) .. i 3 0' Anst. Glass 5 7 6 British Tobacco 2 7 6' Broken Hill Ptv. (con., X.Z: del.) 2 3 fi General Industries ...- IS 6 James Stedman ..- 13 3 Meggltts -.;.' , 1 s 0 YESTERDAY'S BUSINESS. SYDXEY, February 0. Tlie Sydney Stock Exchange was fairly steady to-day, with a hardening tendency. Mount Morgans went ahead sharply. Banks showed an improvement, while base metal shares- were quiet but firm. Sales included:— £ s. d. Commerc'l Banking, Sydney 20 0 0 Bank of Australasia 9 0 0 South British Insurance .. 2 16' Tooths Brewery 2 13 G Broken Hill Proprietary ..2 3 G Cash Orders 0 13'.':■■ G -'. Claude Neon 1 10 3-"! Colonial Sllgnr 46-13 0 ' Electrolytic Zinc 2-6 .0 j General Industries 0 IS 6 i Pref. 1 4 6 Malleys 0 19 9 Peters (paid) 2 13 0 Standard Cement 1 2 10 W. Adams :....' 0 13 G W. Atkins 1 2 0 Woolworths (Sydney) .... 1 3 15 . Bulolo Gold 7 0 8 ■Emperor -.. 0 9 G Lbloma 1 1 3-1 Mount Lyell . 1 li II Mount Morgan 0 11 6 Mount Morgan (X.Z. rtellv.) 011 1 Mount Morgan (11l 3 North Broken Hill 2 4 9 Business on . the Melbourne market deluded:— •-.'.■ £ s. (1. ruiumerclnl Bank Aiistritllii I) 15 5 Metropolitan Gas 13 IB 0 •Howard Smith ...- 0 18 10' ' Australian Paper Manufactures (prof.) 1 4 9 Broken Hill rronrlet.iry .. 2 15 :l - ••Humid'.' and "Times" ..'. 2"lfi 6" Emperor ;.., 0 0 G j . Lolouia 116