STOCK EXCHANGE.

Waikato Times, Volume 117, Issue 19565, 2 May 1935, Page 7

STOCK EXCHANGE.

THE AUCKLAND MARKET. FIRMNESS 'OF BANK SCRIP. (Bv Telegraph. —Special to Times.) y AUCKLAND, Thursday. A feature of Stock Exchange dealings lately has been the better inquiry for bank shares, and at this morning's call Reserves touched a new high level with business at £6 13s 3d. Sellers then raised their reserves to £6 15s od. Commercials were steady between 15s 9d and 15s lid, and New Zealand’s from 50s 6d to 51s.

The Insurance section was very firm. South British, now ex dividend, had buyers at 98s, with holders asking £5, and New Zealands were quoted between 70s 6d and 71s 6d. There were more offering in Government stocks, the 1940 4 per cents being available at £105; the 1946 Issue at £lO7 10s and the 1955’s at £ll2.

Waihls were easier with sellers at 43s 9d, and no buyers.

Recorded Sales.

The following sales were recorded: Northern Steam, 6s lOd. Farmers' Trading, (A prof.), 17s Gd. Kauri Timber, 19s 3d. Auckland Gas, 28s. Wilson’s Cement, 355. Mt. Morgan, 37s 8dNew Zealand Breweries, 555. South British Insurance, 995. Reserve Bank of New Zealand, £6 13s 3d. Woolworths (New Zealand), £ll 2s Gd.

Inscribed slock, 1940, 4 per cent-, £lO4 ss. Bonds, 1955, 4 per cent., £lll 15s.

TRANSACTIONS AT SYDNEY. United Press Assn. —Elec. Tel. Copyright. (Received May 2. i. 20 p.ca.) SYDNEY, May 2. The following sales were transacted on the Stock Exchange: Bonds —4 per cent., 1938, £lO3 ISs 9d; 1941, £105; 1944. £lO4, 17s fid: 1947, £lO5 7s fid; 1953. £IOO 17s Gd; 1055, £lO7 ss; 1959, £lO5 18s 9d. Commercial Bank, Sydney, £l7 ss; Tooth's, 52s 9d; Anthony Hordern, 18s; Associated News, prel'., 24s lid; Broken Hill Proprietary, 53s 9d; Colonial Sugar, £42 10s; Dunlops, 17s i 1 cl; Lustre, pref., 27s fid; Millaquin Sugar, 35s 9d: Wilcox-Moffliu. 10s 3cb