SOUTHERN EXCHANGES.

Auckland Star, Volume LXV, Issue 227, 25 September 1934, Page 4

SOUTHERN EXCHANGES.

/ TO-DAY IN CHRISTCHURCH. (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. The resumption of business this morning saw a fairly quiet market, particularly in the mining section. The most notable feature was a ney high level for 1955 Government stock, a small parcel changing hands at an advance of 10/ on the rate five days ago. The banking section was not as strong, the only issue- to remain really firm being New Zealands, which were wanted" at £2 8/, holders standing off at £2 8/6. Reserves showed an easing tendency, and business in E., S. and A. was uone at a lower figure by 9d. Insurances remained as firm as ever, offers.for National \'oing up to last sales price of £1 0/4, with sellers at £10/6. Mercantile Mutual were in demand at £1 3/4, but this was 1/8 too low for holders. Quite a keen demand for shipping shares was noticeable, and Huddart-Parker ordinary had buyers at £1 14/, no seller appearing. P. and O. deferred stock was quoted between £1 1/3 and £1 3/, and Union Steam Ship Co. serin had a stronger buyer without response. Renewed activity in Xcw Zealand Breweries saw four parcels change hands at a slight improvement, and quotations were made for Carlton at £2 G/ and £2 10/. In the miscellaneous section, Broken Hill Proprietary came back to the sales list at slightly less than last mice, and Kami Timber recovered to the firm level of £1, with more wanted at the same figure. The only business in the mining section was in Nokomni without chanjc in recent vntes. Big River held lute quotations) and Wovksop- Extended seemed firmer; between 2/OV4 and 2/3. (liy Tol?srnpli. —Press Association.) CHRISTCHURCH, fals day. S«!"s on 'Chance.—Government 4 per orni iiiscrilvd. 1055, £112 10/; 8., S. and A. Bunk. £r> 0/3: New Zcnliind Kreweries, £2 7/t> ( l parcels?)/; Broken Hill 'Proprietary, £2 11/8 (3 pn reels); Knurl Timber, tt; Xokomiu. 4/2 :'New Zealand Paper Mills. €1 12/0: Dalgcty, £f> 5/: Nationnl lvi<urai!«e. tl 0/5; Chrlstchurpli ' Dr'niimg: , ltonril. 51 per cent, 1038-73, £105; iSuiik of New Zealand;-': £2 S/3. WELLINGTON, this day. Hales.—Wellington Woollen (ord.), £5 Bank of Kew Zealand. £3.8/3, '