SOUTHERN EXCHANGES.

Auckland Star, Volume LXVI, Issue 159, 8 July 1935, Page 4

SOUTHERN EXCHANGES.

MARKETS STRONGER. (By Telegraph.—Special to "Star.") CHRISTCHUECH, this day. The markets were strong at the first caD, and a much firmer tone was evident in the banking section. The fillip provided by the increased Commercial dividend was shown in the prices quoted. Government issues showed little change. Week-end quotations were in most instances. In the banking section Commercial preferences brought £9 17/6 and £9 1,8/6, previous sale locally being £9 11/6. Ordinaries (cum div.) sold at 16/10 and 16/11. E., S. and A.'s, at £5 2/6, were "1/3 up on the previous sale. There was no business in the insurance section. Prices were firm for A.P.A/s,'with buyers at £1 2/.- Nationals had buyers at £1 0/10.. The only sale in loan and agency was a parcel of New Zealand Guarantees at's/10, with further sellers. New Zealand Refrigerating (paids) had business at 19/6. showing a firming -.trend. The demand for Kaiapoi Woollens was strong in anticipation of the balance-sheet. Staples' Brewery had dealings at £1 14/9, and Consolidated- Brick moved to business at 11/3. The previous sale here was at 10/9. The market closed with buyers at 11/2. Maerewhenua, sold last week at Id, had business and buyers at Buyers of King Solomon were at 3/8. Lawson's Plat, at 4d, were a little easier. Maori Gullys, with a reported late sale at 1/3, were unchanged. Buyers of Waihis offered £1 16/8, against £1 16/4 at the close of last week. (By Telegraph.—Press Association.) CHRISTCHXJRCH, this day. Sales.—Commercial Bank of Australia, 16/10 (2 parcels); Commercial Batik of Australia (pref.), £9 17/6, £9 18/6; E., S. and A. Bank, £5 2/6; Guarantee Corporation, 5/10; StEples' Brewery, £1 14/9; Consolidated Brick, 11/3; King Solomon" 3/8; I>awsou's Flat, 4d; Maerewhenua, l}d (5 parcels). Reported Sales.—Maori Gully, 1/3; Commercial Bank of Australia, 16/11 ; Commercial Bank of Australia, 16/11 (2 parcels) ; Now Zealand Refrigerating (£1 paid), 19/6. Unlisted. —Argo Gold Dredging, 1/5. DUNEDIN, this day. Sales Reported.—Woolworlhs (Sydney), £4 13/; Ktock (1946-40), £108 15/. After tte Call. —Bank of New Zealand, £2 11/.