ON ’CHANGE.

Star (Christchurch), Volume LXVI, Issue 20625, 28 May 1935, Page 11

ON ’CHANGE.

Heavy Sales This Morning. BREWERIES ACTIVE. Reserve Bank Slightly Lower. Sales completed at this morning’s call on the Christchurch Stock Exchange reached a high total, business ranging over most sections of the market. Values generally were maintained at recent levels, two exceptions being Reserve Bank and Rawang Tin, both of which sold at reduced prices. The Government section was quiet, offers ranging round late quotations. Among the banks Reserve scrip slipped to business at £6 14s 6d, further buyers being 3d lower, and sellers asking £6 15s. Buyers for Union of Australia were unsupported at £8 17s 6d. Reported business in National of New Zealand continued the recently levived activity, but at 67s 3d the price still looked lower than would be expected. Goldsbrough Mort were again quoted at low rates, sellers appearing at the last sales price, buyers 2d below. No sellers of Dalgetv shares put in an appearance. Interest was taken in the brewery section, and New Zealand scrip gained a point in dealings in four parcels, the market standing at buyers 52s 9d. sellers 52s lOd at the close of the call. Tooths were also up a penny to 52s Id. Dunlop-Perdriau Rubber maintained activity and price levels in further dealings, the market closing firm with buyers at 16s 3d, sellers Id above. Australian Glass and Broken Hill Proprietary failed to record business and sellers were offering at slightly reduced figures. Sales of Kauri Timber brought an unchanged rate. New Zealand concerns had recent keen demand, New Zealand Drug scrip being in request at 81s, sellers wanting 83s. Quill Morris (in liquidation) have been off the sales list for a long time, but quotations looked very firm this morning with buyers at 4s 6d, sellers at ss. Mining was fairly active. Big River holding to 2s 6d. Maori Gully seemed easier with business and sellers at Is 7d. buyers dropping to Is sd. Mount Lyell were firm at yesterday’s price. Dealings in Rawang Tin were at a reduction of 5d compared with a month ago. SALES COMPLETED. The-Ifgrures In the finol column indi-

50 TV'worths (Syd., ord.), 90/- * n.c. OTHER EXCHANGES. Per Press Association. DUNEDIN, This Day. Sales—New Zealand Insurance, 70s. X.Z. Refrigerating (cont.), 8s .lid (2). “X.Z. Newspapers, 36s 1 £d. Maori Gully, Is BJd, is Bd, Is 7Jd AUCKLAND, This Day. Sales— Big River, 2s 6}d. King Solomon. 3s 9Ad. Grand Junction, 4s ~6d. Northern Steam. 7s sd. Commercial Bank, 25s 4d. New Zealand Newspapers, 365. Wilson's Cement, 375. Waihl, 40s. Bank of New Zealand, 40s 6d. N.Z. Breweries, 52s 6d. National Bank of New Zealand, 67s 3d. New Zealand insurance, 71s. Reserve Bank, £6 14s 9d. Bank of Australasia, £ll ss. Per Press Association. WELLINGTON, This Day. Sales— Comm. Bank of Aust., 15s 3d. -Bank of New Zealand, 50s 6d. C. J. Coles (Melbourne delivers'), G7s 6d. New Zealand Newspapers, 36s Gd. Dunlop Rubber, 16s 3d. Australian Glass. 67s 6d. I’rocera Bread (vendors’ shares), 12s. SYDNEY STOCK EXCHANGE. United Press Assn.-—By Electric Telegraph—Copyright. (Received May 28, 2.30 p.m.) SYDNEY, This Day. | Commonwealth Bonds—3 p.c.. 1948, £97 7s 6d; 31 p.c., 1948, £99 ss: 4 p.c., 1938, £lO3 7s 6d; 1941, £lO2 16* 3d; 1947. £lO5 ss. E„ S. and A. Bank, £5. Tooths, 535. Anthony Hordern, 17s 9d. Broken Hill Proprietary, 57». British Tobacco, 38s 6d. Colonial Sugar. £4l 12s 6d. Dalgety’s, £8 2s 6d. Lustre Hosiery, 26s 6d. Meggitt’s. 21s. TO-DAY IN AUCKLAND. (Special/to the “Star.”) AUCKLAND. This Day. After a particularly quiet time ves.erday, business brightened up on the Exchange this morning and at the first call a good list of sales was put through. Transactions included four in the banking section, with values well maintained. though New Zealand slipped back to 50s 6d; subsequently the market

THUS affOE’TIWO'S CALL. Sales on ’Change. 15 Reserve Bank (e.d.>, £6/14/0 300 X.Z. Breweries (e.d.), 52/9 (4) ! -6d ♦ inn'<Tooths Brewerv, 52/1 (2') 2*’0 Bttnlops. 16 3 (2) ' "0 Kauri Timber, 19/10 i n.c. 200 X’.Z. X’papers. 35/9, 36 /- . . ! to/7o0 Sun Xpapers 8 8/-. S/3 C5) 500 Big- Rive r. 2/6 (2) 300 Maori O ully. 1/7 50 Mount L yell, 21/7 ! n.c. Tin. 7/1 | —5d Sales Reported. 100 Xat. Bank X.Z. flate sale 1 27th), 6 /3 ! -3d 200 Punlops, 16/4 (2) 1 fid 56 Res. Bank (c.d.), £6/14/6 .. | -6d THREE O'CLOCK CALL YESTERDAY Sales on ’Change: 100 Xatl. Bank X.Z.. 67/3 (2) . l'*0 Tooths Brew., 52/- (2) .... -Id «»>0 Dunlops, 16/4 (2). 16 3 (3) 1 1100 Sun X papers, 6'11 ('), 7/-, 1 7/1 2), 7/- (2) : t3d 500 Lawson s Flat, 4 Ad ) 1500 Mahakipawa. SAd (2) .... 1 100 Mount -.yell, 21/6, 21/7 .. ! tld Sales Reported: loo Xatl. Bank X.Z.. 67/6 .... fCd ICO Auckland Gas, 28/3 tl / 3 461 Sun Xpapers. 6/9, 7/- .... 1 f 3d 300 Lawson s Flat, 4Ad j tid Enlisted, on ’Change: