SOUTHERN EXCHANGES

Auckland Star, Volume LXX, Issue 37, 14 February 1939, Page 4

SOUTHERN EXCHANGES

, TO-DAY IN CHRISTCHURCH. i ! SHARP DROP IN SALES. ' BANK OF NEW ZEALAND WEAKER. (By Telegraph.—Special to " Star.") CHRISTCHURCH. this day. It is typical of the vagaries of the Stock Exchange just now that after the •busiest day since April last yesterday | -when more than 6500 shares were sold, I this morning's call should be featureless, with only 400 shares changing hands and no transactions reported. Wes-tport Stockton Preferences had their first sale for some weeks, the price of 8/ being an advance of 1/. The favourable balance-sheet presented last week played its part in the firming of these shares. Other sales were of G. J. Coles at 79/, a drop of 6d, and Mount Lyell which, at 27/3, declined a point on last business. I The principal feature of the bidding in the banking section was a sharp decline in New Zealands. When these last had business it was at 39/1. Yesterday buyers were offeiing 38/11, but on to-day's quotations came down lid, sellers making no I concession. I Meat and wool generally were firm. I Buyers offered 3d more for Xew Zealand | Refrigerating, but at 17/3 were still 6d i J below sellers' requirements. Selleis of Brut* Wooll?ns raised their limits Sri to 10/1. but could not attract a buyer. Kaiapois were firm and Oamani's a little stronger. Industrials were nviinlv firm and the sharpest rise was in Australian Glass which moved up from £5 13/3 and £5 15/3 yesterday to close" at from £o 14/6 to £5 17/. Broken Hill Props., Dunlop Rubbers and Electro Zincs shared in the firmer tendency. SALES RECORDED. (By Telegraph.— Press Association.) CHRISTCHURCH. Monday.—Waimairi County. 1/2/44, 41 I per cent, £101; Commercial Bank of AusI tralia (ex div). (2) 15/8; Bank Xew Zealland'(4), £1 19/. £1 19/1: National In- ! surance. 18/; Westport-Stockton (oril.), 13/11; British Tobacco (2), £2 0/G: Colonlal'Sujrar, £49: Farmers' Trading, 18/G; 'Hume Pipe (Aust.), 19/9. 19/6: 1.C.1. (pref.). £13/; Wilcox Mofflin. 5/9: Woolworths (Xew Zealand) (4), 18/: Woolworths (Sydney), £1 4/2; Macduffs, 2/101. • To-day: Westport Stockton Coal Pref., 8/: G. T. Coles, £3 19/; Mount Lyell, £l 7/3 (2). WELLIXGTOX. Monday.—X.Z. Insurance, £2 13/3; G. J. Coles, £3 19/6. 8t To-day.—Morning call: 4 per cent Stock, 1946, £100 (two sales): Bank of New Zealand, £1 19/ (two sales) ; Xew Zealand Breweries. £2. Reported: South 1 British Insurance. £ 2 14/: Broken Hill, £2 17/6; Woolworths (Syd.), ordinary £ 1 4/3: Maori Gully, 6Jd. Noon Call: Xew Zealand Breweries, £2; G. J. Coles, £3 19/3: Commercial Bank, 15/8; Bank Xew Zealand, £ 1 19/3. DUNEDIN. Monday.—Broken Hill Proprietary, £2 17/6; Woolworths (Sydney), £1 4/2. Stock: 15/3/39-43, 31 per cent, £99 12/6; Xokomai, 1/9. I To-day: Commercial Bank, 15/8: Associated Xews. £1 1/3: Farmers', Ordinary (Syd.), £1 8/6; Woolworths, Limited, £1 4/3. AUSTRALIAN EXCHANGES. TO-DAY IN SYDNEY. I SYDNEY, this day. \ Morning sales in Sydney were: — £ s d Commonwealth Bonds, 4 p.c.— 1941 101 17 6 1944 . 102 7 0 1950 .'. , 104 5 0 1953 ... 4 102 10 0 ; 1957 . ........i' 103,10 0 1959 ,iv.....;.. 104 7 6 1»61„ fe.% ..S lot jl2 6 Bank of WfM South Wales .... 26 la O Nationafißank of Aust. (£5) . 6 7 O Tooheys Breweries 11l 3 Anthony Hordern 14 11 Broken iHUI Pty 2 15 9 I Broken Hill Pty. (con.) 2 3 9 Dunlop Perdriau 1 0 9 ' Goldsbrough Mont 1 6 0 YESTERDAY'S BUSINESS. i i SYDNEY, February 13. The Sydney Stock Exchange was.fairly firm to-day. Prices 1 for first-rank industrials hardened slightly. Metals were quiet. Business, included: — £ s. d. Bank New South Wales .. 29 15 0 E., S. and A. Bank 5 0 6 Goldsbrongh-Mort 1 0 1J Perpetual Trustee 4 13 3 Huddart-Parker 2 11 0 Carlton Breweries 3 4 3 Anthony Hordern ........ 0 14 10 Australian Glass .......... 5 12 0 British Tobacco 2 8 3 Broken Hill Proprietary .. 2 15 6 Colonial Sugar 47 2 6 Electrolytic Zinc ........ 2 6 3 Howard Smith ... 019 6 Hume Pipe (Aust.) ...... 019 1J Mark Foy 0 18 6 Morris Hedstrom .......... 1 6 41 Morts Dock -. O 14 11 William Adams 0 15 9 W. Atkins 1 3 O Woolworths (Sydney) .... 1 3 1J Kanierl Gold 1 10 3 Mount LyeU 1 5 9 Mount Morgan O 11 6 North Broken Hill 2 4 9 Rawang Tin 0 7 3 Sales on the Melbourne Exchange included: — £ s. d. Bank Australasia 8 17 6 Nat. Bank A'asia (£ 10 pd.) 12 15 0 Metropolitan Gag 13 16 0 I Australian Glass 510 0 I Australian Papers (pref.) .. 14 6 | Broken Hill Proprietary .. 215 6 Woolworths (Sydney) .... 1 3 3