SOUTHERN EXCHANGES.

Auckland Star, Volume LXX, Issue 192, 16 August 1939, Page 6

SOUTHERN EXCHANGES.

J TO-DAY IN CHRISTCHURCH. I MOST ACTIVE FOR WEEKS. J WOOLWORTHS .MAKE SHARP RISE. 1 (By Telegraph—Special to "Star.") CHRISTCHURCH, this day. , 10-day s morning call was the most active tor some time, ten parcels changing hand=, with bulk dealings among indusI trials and chain stores. A feature of the call was .1 1 n 11hei- appreciation in Wool- ( Worths 1 Sydney) to a sale and buyers at 25/6, compared with yesterday's price ot 34, ti. Uncoil tinned rumours have come ( from Australian sources that a new share ! issue is contemplated. The tone of the market was generally sliyhtly bi jyhter, tew sellers coming wiUhin reach of buying offers. For banks ! I anil leading titumcial scrip the demand was |j linner. Uuvunment loans appeared frac--1! tionally easier, but there was a dearth of II sellers, which made business out of the ij question. Holdets of ISM 9 stocks and bonds I wanted par. and of 1946 stock, ex interest, | £l>9. Xational Bank of Xew Zealand , ! seemed as firm as any banking security, , | I'lle market standing inom 47/ to 48 ti. In insurances. Standards, cum dividend, ) were better with an inquiiy up to 54/, but no sellers. Though no sales were made t in -woollens the demand ivas firm for I several issues. Manawatus had a market 1 from 20' to 28', ilosgiels £!) I*l to t'lo 110 . and Oatnarus 14 11 to 15 6. Tile j steadiness <>t' miscellaneous industrials was , tevoaled in dealings in Dunlop-I'et driaus ' at, the unaltered feme of 20'8. in Ele.-t'r.i----1 h tic Zinc preference at ,1 slight rise tr> ,18 4, and in Broken Hill Proprietary at ! only hi drop to (18 9. .Most New Zealand issues were supported at late rates, but 1 no sales were recorded. ) SALES RECORDED. ' (By Telegraph.—Press Association.) CHRISTCHURCH. Tuesday.— Stock. 15/6/52-55. 4 per cent. ! £07 5/; Union Bank. £S: New Zealand Breweries, £1 17/6; Broken Hill Pro- ) prietary, £3 8/10; Taranaki Oiltields, 6/. This Day.— Broken Hill Proprietary, . 68/8, fiS/0 (2) ; Duniup-Perdriau, 20/8 ! (3); Electrolytic Zinc (pref. cum dlv.), ' 58/4; Taranaki Oilfields. 5/0; Woolworths ; (Sydney, ordinary). 25/6: AVoohvorths j (South Africa), 14/6; Mount Lyell, 28/6. ! WELLINGTON. > Tuesday.—Bank of New Zealand. £1 10/6; Guarantee Corporation, 4/2; Broken , Hill Proprietary, £3 8/7J ; Electrolytic , Zinc (pref.), £2 18/ li ; G. J. Coles, £3 » 18/0 ; Argo, 1/4. 1 This Bay —-Burns. Pliilp, 55/0 ; Wooli worths (New Zealand), ord., 18/: Waihi I Investments, 6/6: Bank of New Zealand, 39/6 (2); Wellington Gas. 2-8/3; British Tobacco, 51/1J; Woolworths (ord.), 25/3. DUNEDIN. Tuesday.—Westport Coal, £1 0/0; i Stock Exchange Proprietary, £1 10/; ' North Broken Hill, £2 8/9. 1 This Day.—Associated News, yref., £ 1 2/6: Wilsons Cement, 17/4: Woql worths (Sydney), £1 5/; Electrolytic Zinc (ord ), £2 14/11; Mount Morgan, 10/.