SOUTHERN EXCHANGES

Sun (Auckland), Volume II, Issue 582, 7 February 1929, Page 14

SOUTHERN EXCHANGES

YESTERDAY’S SALES Press Association Wellington.—Goldsbrough, Mort and Company, 52s 6d; New Zealand Breweries (bonds), 265; New Zealand Government li per cent, stock (1938), £99 17s 6d; National Insurance, 16s 2d; Victoria Nyahza Sugar, 44s 9d; Wairarapa Farmers. 13s; Blenheim Oilwells, £5 (two). Christchurch.—New Zealand Government 5i per cent. Inscribed Stock (1936). £lOl ss; Union Bank, £ls 5s 6d; Commercial Bank of Australia (rights), Ss lOd, Ss lid (two); Goldsbrough, Mort, 535; New Zealand Breweries, 57s 9d (two), 57s Sd; Australian Distilleries, 24s 6d, 24s 9d, 24s lOd; Taranaki Oilfields, 7s (three): Mount Lyell, 43s Sd (two); Blenheim Oil. 75s 3d, 775. 78s (two); Mahakipawa, Is sd. Is 4d (two). Is 5d (seven); Staple’s Brewery. 445. Dunedin.—Taranaki Oil, 7s 6d; New Zealand Breweries, 57s 9d: New Zealand ‘Breweries (debentures), 265; Westport Stockton (preference), 4s 3d.

MINING NEWS Hauraki Mines.—The manager reports: “The rise from the 400 ft level to connect with the Tangye winze in the Union Beach section is now within about sft of the same level as the drive, and it is expected to effect communication, within the next few days. At the Seaward end on the Stockwood reef, the drilling out for stoping has been completed. The new valve piece for the 400 ft plunger is to hand and a start has been made to replace the broken one. This work has been somewhat delayed owing to the drawlift bucket rod breaking at one of the joints. This has been repaired, and good progress is being made in taking out the 20ft of water that accumulated while repairs were being made. Everything is again running smoothly, and providing no more breakages occur the repairs to the 400 ft plunger should be eompleted about the end of next week. The tanks will then be replaced with the < ages and mining operations resumed at the point where the gold was got.”

700 SHARES SOLD IN SYDNEY (Australian and N.Z. Press Association) SYDNEY, Wednesday. Seven hundred shares in Taranaki Oilfields, Limited, were sold to-day. The • losing quotations on the Stook Exchange were: Buyers. 7» 3d; sellers, 7s 6d.