SOUTHERN EXCHANGES.

Auckland Star, Volume LXX, Issue 193, 17 August 1939, Page 8

SOUTHERN EXCHANGES.

i 70-DAY IN CHRISTCHUFtCH. I BUSINESS AGAIN BRISK. WOOLWORTHS STILL RISING. (By Telegraph—Special to "Star.") CHRISTCHURCH, this day. Butiiueas was again brisk on the Clirktchurc'i Stock Exchange this morning, with a further rise in Woolworths (Sydney) ordinary shares and general appreciation in most securities. The rise in Woolworths continued yesterday's, movement and sales at 26/0 represented a gain of 1/, more buyers still offering at that figure and sellers asking 26/11. Chief among the other price alterations was a recovery of Bank of New Zealands to 39/7, later buyers bidding only Id less. Nationals of New Zealands also looked firmer, but buyers at 47. 3 could attract sellers no lower than 48/11. Yesterday's active business in South British Insurance was followed by reported dealings in 50 shares to-day at the unchanged price of 43/, on 'Change quotations lying from 43/ to 44/. New Zealand industrials showed appreciation in some instances. New Zealand Breweries, for example, improved to a very close market with buyers at 37/6 and sellers Id away. Dominion Fertiliser were I close to 25/ and New Zealand Drugs had buyers at 68/6, without selling response. The Australian group followed the upward trend of overseas exchanges. Electrolytic Zincs improved, the ordinaries selling at 55/6 and the preferences at 58/6, closing with buying offers at 55/6 and 58'4 respectively. A.C.1., British Tobaccos and Broken Hill Proprietary were firm, but G. J. Coles had buyers back to 78/6 against sellers at the last sale price of 80/. SALES RECORDED. (By Telegraph.—Press Association.) . CHRISTCHURCH. Wednesday.—South British. £2 3/ (4); Broken Hill I'ro.prietury, £3 8/10: G. J. 1 Coles, £4: Woolworths Properties, £1 4/9. This Hay.—Commercial Bank of Australia (cum dlv.), 16/8: Bank of New Zealand (odd parcel), British, Tobacco, £2 11/; Dunlop-Penlriau, £ 1 0/7, (2): Electrolytic Zinc, £2 15/6; Electrolytic Zinc (pref.). £2 18/(1; Woolworths (Sydney), £1 <>/0. Reported: Soutb British, £2 3/. WELLINGTON. Wednesday.—Commercial Bank Australia. lti/S, IC/9 ; New Zealand Insurance, £ « I—/• This Day.—Commercial Bank. 16/4 ; Wright, Stephenson, ord., 20/ : Kauri Timber. 23/1 ; Coles. 79/0 ; Broken Hill. ÜB/9: Woolworths (X.Z.), 18/; Taranakl Oil. 6/1. Unofficial: Australian Motorists l j Petrol. 12/6. Reported: Bank of New Zealand. £1 19/1!; Burns Phllp. £2 16/; Taranaki Oil. 6/1 ; Woolworths (N.Z.), ord., 18/; New Zealand Drugs. £3 9/. OUNEDTX. Wednesday.—Standard Insurance, £2 15/6; Dunlop Perdrinu. £l 0/9 ; New ZeaI land Drug, £39/; Woolworths (Sydney), £ 1 0/6. 1 This Day.—Bank of New Zealand. £1 ; 19/9 (two odd parcels) ; Commercial Bank, 16/9; Woolworths (Sydney), £1 6/6.