SOUTHERN EXCHANGES.

Auckland Star, Volume LXV, Issue 148, 25 June 1934, Page 4

SOUTHERN EXCHANGES.

WEAK DEMAND FOR WAIHIS. (By Telegraph.—l'ress Association.) CHRISTCHUECH, this day. As usual for the first call of the week, business on the ChristchureU Stock lixcliange was quiet this morning, and only a few sales were put- through. Although price changes were not numerous, there "was a lii)tle strength in the maiket. In Government stocks there were few sellers, but buyers held rigidly to their reserves. In the banking section buyeis for New Zealands dropped their limits to £2 7/9, While, holders moved up 2d, to, £2 S/S. . Commercials were steady, with buyers at IG/. New Zealand Kefngerating were verv steady, with fresh business in the contributing issue at 9/2, after which there were more sellers at that ngure. There were no special features m the morning, except the wide margin between buyers and sellers of Yv amis at ±> l J.U/ and £l 14/. Sales on 'Change.—New Zealand Refrigerating (10/ paid), .9/2 (- par C«»'nnjercial" Bank of Sydney, £17, Bi„ River, 1/; Nokomai, 3/. • Reported Sales.—Tooth's Brewery, h - 2/ ; Walhi. Gratfd Junction, 4/1. .1. . . CHRISTCHURCH, Saturday. E„ S. 'find* A. Bank, £5; Bank of New South • Wales, £30 10/; Bank of New Zealand, £28/3' - , Goldsbrougli, Mort, £1 10/9; Westport-Stockton (pvef.), ,3/; Tooth's Brewery, £2 1/11; Kauri Timber, IC/9British-Tobacco,' £1 l<>/4 ; punlop, Pe'rdriaii, IS/-; New - Zealand Refrigerating (10/ paid), 9/3, 9/2 ; Bratli and Co. (ord.), £ 1--12/9 ; Beath Wd Co. (1/ paid), 0/9 ; New Zealand Farmers' Co-op., stock, 1940, 41 per; cent,. £80 10/; Mount Lyell, £1 0/7 (2 parcels) ; King Solomon, 3/11&; Macrewhenua, BJd, Od; Mahaklpawa, 10d (3 •parcels) ; Nokomai, 3/ (3 parccls) ; Skippers, lOd. . „ , ,

■' ' DUNEDIN, Saturday. Kew Zealand Drug, £ 3 10/G; Klldare, 2/ ; Glenroy, 1/li ; Golden Progress, 1/ (2 parcels). WELLINGTON, this day. Sales Eeported.—Brian Boru, 1/75; Mount Lyell, £ 1 0/7 ; National Bank o£ New Zealand; £ 3 15/; Union Bank, £ 9 17/; Wellington Publishing Co., £5; 4 per cent inscribed stock, 1955, £100 17/ G. INTEREST BATES. The return to the investor on his outlay, based upon the lateet dividends, works out as follows on the latest sales. Where Government • stocks are included the calculation provides for redemption at maturity. In the case of local body issues allowance is also made for 20 per cent interest reduction: — - PEE CENT PER ANNUM. £ s. d. Bycroft- 4 3 4 Vaihi Junction 8 0 0 Inscribed stock, 1055, 4 p.c. 3 10 C N..Z. Perpetual Forests .... 3 G 0 Auckland Gas 4 2 0 New Zealand Insurance .... 3 0 8 Auckland Farmers' COO UNOFFICIAL STOCK. • „ Buyers. Sellers. Auck. Freezing Co. .. — .. 1/0/0 Auck. Meat Co — .. 1/11/0 Auck. Drug Co — .. 1/5/G Claude Neon 2/S/O .. — Franklin Bakeries . — .. 1/3/6 Harvey Oil — .. * 1/0/0 Inrestni't Exec Trust (pref.) 1/10/0.. — Investm't Exec. Trust (A d.eb.) — • • 06/0/0 Investm't Exec. Trust (2nd B deb.) ..... — .. 94/10/0 John Fuller, 1949, 6J — .. 90/0/0 r.oyal (ord.) — .. l/i/o Loyal (pref.) — ... 1/0/6 Majestic (Auckland), 1043, 7i — x. 50/0/0 Metters (N.Z.) — .. C/ 0

New Auck. Laundry . 7/0 ... — Northern Trust 5/0 .. — N.Z. Perp. Forests . 2/7/0 .. — N.Z. Woolpack — .. 18/6 N.Z. Underwriting (7/ paid) — .. ■ 4/0 Pacific Forests — .. 7/6 Peter's Ice 16/6 .. — Red. Forests (shares) — .. 15/0 Roberts' Stabiliser .. 1/0 .. — Silk-knit 1/0/0 .. — St. Cuthbert's, 1047. 4 : — .. 98/0/0 Southern Cross Assurance Co 1/0 .. 2/3 South. Cross. Invest, and Rural Develop. Society ........:.. — ... 3/0 "Sun" Newspapers . 3/10 .. 4/4 South TVestlanrl 10/G .. 1/0/O S.A. Flax (£1 paid) .. — .. 10/0 Timberl'ds Fractional Bonds (ord.) — w 1/0/0 Fractional Bonds, prf — .„ 19/0 Tru-Colour Film (12/ _jpaid) .... 13/6 ..■ 1/4/0 waikato Carton. ... — .. 60/0/0 Williams' Rotary .... .. 2/0 yingate (6 p.c. pref.) 1/3/6 .. _ TVoolworth (Syd.i, ord . 5/0/0 .'. — Woolworth (Vic), prf l/o/O .. _