SOUTHERN EXCHANGES.

Auckland Star, Volume LXX, Issue 139, 15 June 1939, Page 8

SOUTHERN EXCHANGES.

TO-DAY IN CHRISTCHURGH.

MARKET LACKS LIFE.

PRICES TEND TO DRIFT

(By Telegraph.—Special to "Star.") CHRISTCHUFtCH, this day. The share market lacked life when business opened this morning, and with prii es showing a drifting tendency dealings were lew. Australian securities sulfered more than New Zealands, and support llagged m the (government section, sellers being on their own for I per cents. Among banks only Commercials came on the sales list al the unaltered figure of Iti . but. New Zealand* and .Nationals wete quoted slightly in buyers' favour. The liist local business in Dalgetys for se\eral weeks saw a reduction of I.">/ to tjli liut the new pine is in accord with recent ex dividend quotations. r»n\crs on 'Change were tirni at that tiuuic. and selleis "wide at .Ct> 10/(5. K.isicr selling limits were evident among Australian industrials. Consolidated indunII li s weakened to a market between lu and US !>. Broken Hill Proprietary illupped to business at <>()/!>. closing with i market from to titi/11. and (1. J. ( oles had easier unsupported sellers at ;s Taranaki Oilfields gained 2il to 7/, and Dominion Fertilizers came on the sales li-t ui'.h dealings in S(H) shares firm at 'j:;. f.i. SALES RECORDED. (I'y Telegraph. Press Association.) CHKISTCIirUCH. Wednesday,--('oiumrri-iiil Bank Atistrnlia, Iti/ (-1 ■ Colonial Susrar. .C4B 18/(i: Taranaki oilfields, ti/ll». li/U ; New Zealand I-'ii nncr-.' <"prrative, llilli, li per cent, e T'.i lit . l'.t.-i 1. -II per enit. e 7'.) 10/. Tlii- May. Broken Mill Proprietary. t i; '.i; Taranaki Oilliehls. 7 . Ileporled : i '..in n:. rei.-i I Hank. Iti : Oalgety, K <"> ; I>• >iniiii■ >n 1-Vrt il'-i-r. U 1 "i' 'i. \v Wednesday.--—Electrolytic Zinc (pref.l, C 2 15/. - S: Farmers' Trading, 10/6; 1.C.1. (pref), £1 ."./ (2). This I)av. — Wilsons Cement, 17/11; New Zealand Newspapers. 3-/ X: Wool worths. I,til. (onl.l. -I/; Wool worths Properties (rights). 1 /11 i (2): Bank of New Zealand. :!!•/!•: <'ommerciiil Bank, 11i/ ; E., S. and A. Bank. £." 1/: Dunlop (pref.). :!s/ti; Broken Hill, (17/ ; New Zealand Breweries, o s S. DT'NEDIN". Wednesday. — Broken Hill Proprietary. .C 3 7/0 (2). This I>a \. — Bank of New Zealand, £ 1 IP/lo- 8.11.1'.. £.> 7/."l; New Zealand paper Mills. CI 4/3; Stock, 1043-40, 4 per cent, JC'.tS .">/.