SOUTHERN EXCHANGES.

Auckland Star, Volume LXVI, Issue 102, 2 May 1935, Page 4

SOUTHERN EXCHANGES.

BANKS EASE SLIGHTLY. (By Telegraph.—Special to "Star.") CHRISTCHURCH, this day. Business continues uctive, and a fair volume of sales was recorded at this morning's call. Fewer buyers came in for banking scrip, and sellers tended to lower their limits in one or two instances. Bank of New Zealand, for example, after reported business at a penny less than last sales, were on offer at £2 11/4, without buyers. Reserve Banks, which yesterday afternoon were quoted stronger than ever before, had buyers down to £6 12/6 again, and sellers 1/ higher. New Zealand Breweries slipped fractionally, the market closing from £2 14/10 to £2 14/11. Australian Glass looked (inner on selling limits of £3 1/. Broken Hill followed yesterday's rise in Sydney, the market showing strength from £2 12/6 to £2 13/0. Mining sales were notable for the activity in Mount Morgans, which gained 3d in the first business for six weeks. Closing quotations were from £1 17/4 to £1 17/7. Lawson's Flat looked stronger, and Maori Gully maintained their recent high rates. Wailiis were a shade easier, the market standing from £2 2/6 to £2 3/3.

(By Telegraph.—Press Association.) CHRISTCHURCH, this day. Sales on 'Change.—New Zealand Breweries £2 14/11, £2 14/10; Dunlop, I'erdriau Kubber, 17/2; Maori Gully, 1/8; Mount l.yell, £1 0/7 (2 parcels); Mount Morgan. £1 17/0, £1 17/5 £1 17/0. Reported Sales. —King Solomon (late sale Ist), 4/7; "Sun" Newspapers, .>/ parcels) ; Dunlop I'erdriau Rubber, 17/2; lianK of New Zealand (late sale Ist), £2 11/2; Southland Frozen Meat (late sale Ist), £o 10/. CHRISTCHURCH, Wednesday. National Bank of New Zealand, £3 7/0 (2 parcels); Reserve Bank, £0 13/0; Kauri Timber, 19/ ; ('Sun" Newspaper, 5/ (2 parcels) ; Big River, 2/5 (8 parcels) ; Golden Dawn, 2/0; King Solomon, 4/7; Mnhaklpawa. 8d (2 parcels) ; Skippers, 2id. Unofficial. —Macetown, lOd ; White's Electric (Od paid), od ; Woolworths (Sydney), £4 0/3. WELLINGTON, this day. Sales on 'Change.—National insurance, £1 1/8; New Zealand Breweries, £2 15/; Ukarito, 0/4 ; Skippers, 2Jd. WELLINGTON, Wednesday. Stock, 10/0/uo, 4 per cent, £112; Bank of New Zealand. £2 11/3; Union Bank, £8 12/; National Insurance, £ 1 1/8 (2 parcels) ; New Zealand insurance, £3 11/3; Colonial Sugar, AM2 10/ (2 parcels) J Dunlop, I'erdriau, 17/2; Manawatu Knitting, £1 10/9; New Zealand Drug, £4; Maori Gully. l/0i ; Mount Morgan, Jul 17/0 (2 parcels). £1 17/7 i. Unofficial. — Woolworths iSyuney), £4 9/0. 0 DUNEDIN, Wednesday. ' Stock, 15/G/55, 4 per cent, i;lll 10/; Bank of Australasia, £11; National Bank of Australasia (£lO paid), £12 13/0; Standard Insurance, £3 12/; New Zealand Breweries, A. 2 10/ ; Dunlop, I'erdriau, 17/1; Mllburu Lime, £2 4/; New Zealand Paper Mills, £ 1 14/0; Bendlgo Goldlight, lid (3 parcels); King Solomon, 4/0; Mount Morgan, £ 1 17/0.