ON CHANGE.

Star (Christchurch), Volume LXVI, Issue 20509, 10 January 1935, Page 11

ON CHANGE.

.Z. Breweries Move Ahead. MOUNT LYELL DOWN. MODERATE RANGE OF SALES TODAY. A good range of business in misellaneous and mining shares was put hrough this morning on ’Change, hough the market was very quiet for jovernment, banking and financial Bank of Xew Zealand, after doing business yesterday at 49s Id, were firm rith buyers Id below that figure and ;ellers 2d above. Reserve Bank looked itronger, sellers failing to come on the narket in reply to buyers at £6 11s National of Xew Zealand, ex dividend, vere on offer at 7ls. Insurances were quiet and so were oan and agency issues. Dalgety sellers owered their limits and the scrip was >n offer at £8 11s 6d with no buyers. Coal and Gas shares were as firm as :ver. offers for Westport Coal at 20s d being unsupported: and Christ •hurch Gas sellers asking 35s 6d. A ■>uyer yesterday was only 3d below his figure, but did not put in a bid his morning. In the brewery section Xew Zealand igain advanced in steadv business, and inished with sales at 535. the market dosing from 52s lid to 53s 2d. This scrip has improved substantially in :he few calls already held this year. Other brewery scrip was very firm, buyers of Staples offering 33s 9d without response. Timaru (7s 6d paid), sellers held at 8s 2d, buyers 2d behind :hem. In miscellaneous issues Anthony dordem continued to command very rtrong offers. Amalgamated Wireless :ontributing shares again changed at late rates: but British Tobacco were weaker, selling at 40s, after which the market showed more on ?ffer at that price, buyers 2d away. Mossy Creek had heavy dealings at advanced rates in the mining division. Four parcels changed hands, and at Ihe higher price level of 2s 4d, the tdvance since last year was 7d. Other ssues, with the exception of Mount -yell, were practically unaltered. Mount Lyell, however, were much weaker, and business was done at a Irop of 9d. after which the market lav From 16s 9d to 17s 3d. Wool worths, Ltd. (ord.) scrip had its *rst business this year, making 3d in ales of two parcels, with further buyers still in at the sales price at the lose. SALES COMPLETED. The «*urfs in the flr.al oorumn Indj: 'ate. compared with last Christchurch ,al< ‘ ;,: + a - a fall. n.c. no change. THIS wnngg's CALL, tales on 'Change. 122 Z - , Ere "' f •• 52/10. 53/- .. ! t6d 300 Amalg. Wireless Ccontr.), 42/6 (2) . n c 100 Br. Tobacco, 40/- I —3<i V^ Z - Newspapers, 32/- .. I -1/3 -00 Brian Boru, 9d -Id 3 000 Goldfields Dredge, Bid (2) inc 1100 Mossy Creek, 2/3 (2). 2/4 t * 42) 100 Mount Lyell, 17/- ! _9d Sales Reported. 200 10M Refrig. (10/- pd.), 3 000 Skippers. Sd (2) nlc! lUIIJSTSD STOCKS. On 'Change. j 100 Wworths, Ltd. (ord.), 81/9 < 2 > ! f3d Reported. 1000 Maori Gully, 1/6 | -j-jd THRZB O'CLOCK CALL TBBTSRSA7. Sales on 'Change. ion Bank of X.Z.. 40/1 +4d 200 Bank of X.Z. (“ D ” mort.), 32/-. —l/3 100 Xat. Insurance, 21/6 n.c. 200 X.Z. Guarantee, 5/11 +2d 200 N.Z. Brews., 52/7 (3) n.c, 300 Big River, 2/10 t9d Goldfields Dredge, 8d n.c. 500 Xokomai. 3/- -6d Sales Reported. 100 Bank of X.Z.. 49/1 f4d 100 Goldsbrough, 30/3 n c. 250 X.Z. Refrig. (30/- pd.). 10/4 fid j 100 X.Z. Brews.. 52/6 —ld | 500 Beath and Co. (1/- pd.), 9/6 —6d 310 Br. Tobacco, 40/3 —9d 400 Dunlops, 19/9, 19/10 fid ! 500 Goldfields Dredge, B£d t£d ! 500 Xokomai, 2/lli 6Jd i 300 Big River, 2/10 f9d T7HT.ISTED STOCKS. Reported. 100 Assc. Motor. Petrol (pref.), | 22/- [ n.c. OTHER EXCHANGES. Per Press Association. WELLIXGTOX, This Day. Bank of Xew Zealand, 495. Big River. 2s lOd. Govt, stock., 3i p.c., 1938-43, £lO6. GoVt. stock, 3 i p.c.. 1938-52. £306 ss. Govt, stock. 4 p.c., 1940. £lO3 10s. Govt, stock, 4 p.c., 1916, £3 05 15s. Govt, stock, 4 p.c., 1949, £lO7. Govt, stock, 4 p.c., 1955, £lO9 10.%. Govt, stock. 31 p.c., 1941. £lOl ss. Xew Zealand Breweries, 52s 6d AUCKLAND, This Day. Bank of Xew Zealand, 495. Dominion Investment, 16s 6d Silknit, 40s 6d. Bank of New South Wales, £3l 15? Xorthern Steam. 6s lOd. Consolidated Brick. 10s 3d. Xew Zealand Newspapers. 32s 6d. Woolworths, Ltd.. 82s. DUXEDIX. This Day. National Insurance. 2ls 7d. P- and O. Stock. 20s 6d. Gillespie's, Is 6d. TO-DAY IN AUCKLAND. (Special to the “Star.”) AUCKLAND, This Day. Business on the Sto*-k Exchange, :hoiigh still below normal, is gradually ncreasing, and a good list of sales was recorded at the afternoon call yesterday. Only three were added at. the irst call this morning, but biddings rovered a wider range of values, which senerally were well up to those ruling >efore the holidays. Any changes appear to favour holders. At this morning's call there was a ;ood demand in the banking section. Vew Zealands sold 2d better at 495, ifter which the market settled between 18s 9d and 49s 3d. Reserves failed to told the latest rise and were quoted tetween £6 11s 3d and £6 12s. A buyer came in for Colonial Sugars j it £42 5s 2d, and holders moved up to i £42 15s 2d. Waihis were firm between 38s 6d and (9s 6d. Government stocks were firm and had uvers for all lines, but the only offeree was a parcel of 1955 Bonds, for , vhich holders wanted £llO 10s.