CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LIX, Issue 17740, 17 April 1923, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sales Reported—Union Bant of Australia, £l4 9s 6d, £l4 8a 6d; Dalgety and Co., £l2 16a; Huddart.-Par.ker (6 per cent, cum pref.), £1; Crown Brewery, £2 3s, £i 3a 3d; Wari and Co. Brewery, £1 17a; Beath and Co., £1 10s 6d; Burns Philp, £1 14s 6d; New Zealand Milk Products, £1 7s 3d; Electrolytic Zinc, "rights," 12s 3d.

LATEST QUOTATIONS. Buyers. Sellers. £ s. d. £ b. d.

DEBENTURESN.Z. Govt, ii per cent. I Jxocriced, 1938 .. 97 10 0 97 15 0 | N.Z. uovt. 4J per cent. Bonds, 11)33 .. 97 5 0 N.Z. Govt. 6 per cent. Inscribed, 1927 . 97 10 0 ' N.Z. Govt. 5 per cent. Bonds, 1927 .. 97 10 0 N.Z. Govt. 5i per cent. Inscribed, 1933 .. 101 0 0 101 5 0 N.Z. Govt. 5i per cent. Bouds, 1933 «■ 101 0 0 BANKS— _ Australasia .. ,< 13 6 0 Coram, cf Australia .. 116 3 National of N.Z. 612 3 New Zealnad .. .. 219 0 219 9 Royal t£ 1 paid) 1 14 0 Royal (£4 paid) f, 613 0 ' Union, of Australia 14 T 6 14 9 6 INSURANCE— National , « BIT 6 319 0 New Zealand 18 6 19 0 South' British ,« 117 9 LOAN AND AGEN<T£Dalgety and Co. tt 12 12 6 Goldabrough Mort 2 5 0 2 5 6 I National Mortgage .... 817 0 N.Z. Loan and Mar, (ord. stock) ~i SHIPPING— Howard Smith „ 210 B 211 6 Hudd&rt-Parker 2 0 9 2 18 P. and 0. def. stock .. 817 0 0 Union (5i per pent. oum pref.) .< 019 9 FROZEN MEATCanterbury .. ~ 15 11 0 15 17 6 Canterbury (6 per cent. cum. pref.) 60 0 i N.Z. Refrigerating (£1 . paid) .. .. 15 8 16 6 N.Z. Refrigerating (10s paid) r* 019 0 018 6 COAL— Tflupiri .t* im 1 1 0 1 1 8 "Westport .. h 119 0 Westport-Stockton .. 04 6 05 0 Westport-Stockton (8 per cent, non-cum pref.) *• 0 1 6 WOOLLENS— Bruoe . 're ~~ 1 16 9 Kaiapoi (£1 paid) »» GAS— Christchttrch m TlB 0 710 6 BREWERIES— " , Crown r* Manning „ v. ®® 2 Ward .. 117 0 MISCELLANEOUS— Beath and Co. M }}J ® Burns, Philp •« 1 14' 0 ? Eclipse Petrol (20s pd.) 0 5 0 010 0 Eclipse Petrol (10b rd.) ofi 0 GlenmoTe Briok and Tila 017 6 Henry Jones Co-op. ~ 216 Mason, Struthers (£1 paid) .. •• 18 8 14 0 Hason. Struthers (14a palH) ». 015 6 OIT 0 Mason, Strutherrs (6fl paid) .. •• 0 6.1 ~ Ma>son, Struthera (4a paid) „ « 0* « 0* 8 N.Z. >Drug Co. 80 0 N.Z. Farmers' Coop, (£5 paid) " 8 15 0 ■ N.Z. Farmers' Co-op, (£2 paid) ~ 1 » 0 N.Z. Milk Products N.Z. Paper Mills . 16 ? ~ „ N.Z. Sugar of Milk .. 111 6 114 0 Whitcombe and Tombs 811 0 814 0 Electrolytic Zino (pref.) 112 9 113 0 Electrolytic Zinc (rights) Tonson Garliok ~ 018 6 MINING— Mt. Lyell »» WaiM 15®

DUNEDIN STOCK EXCHANGE. .{fbsss association tzleobak.) DUNEDIN, April 16. Sales on 'cKange—Bank of New Zealand 59a, Milburn Lime and Cement 85s, New) Zealand Paper Mills (old issue), 265. Sales reported—tj per oent. Inscribed Stock (1938), £97 6s; 44 per cent. Inscribed! Stook (1933), £97 6a; 4J per cent. Bondd (1938), £97 6a (two parcels), 4J per oentj Bonds (1989), £97 6s (two paicels), XJniom Bank, £l4 9s, £l4 9a 6d. . CLOSING QUOTATIONS.

WELLINGTON STOCK EXCHANGE.

Sales on 'Change (12.15 p.m. ooD>—Bani of New Zealand, £-2 18a 9d. Sale Reported—Huddart-Parker (ord.), 41s.

(Continued at foot of next column.)

GISBORNE HARBOUR BOARD.

(PBBSS ASSOCIATION TILEOBAM.) GIBBORJSE, April 16. The Harbour Board has passed a formal, resolution to raise a loan oi £1,000,000 for harbour purposes. The chairman explained tliat it was not intended to raise more than £750,000. DOBSON COAL MINK The Dobson Coal Mind, at Dobson, near Greyiiioutli, was ottered for sale yesterday by Messrs H. Matson and Co., under instructions from Mr J. Manson Stewart, the liquidator of the Dobson Ooal Company, jjtd. The bidding did : not roach a. satisfactory figure and no sale was effected. MEAT AND DAIRY PRODUCE MARKET. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the fouowing ©able advice from L#ondon, dated April 13 th:— New Zealand frozen meat—Lamb, llgd per lb (average); mutton, wether and nuide.i ewe, light, BJd per lb heavy 6gd per lb; ewe, light, Bid per lb, heavy fi;d per lb. Small demand. « New Zealand dairy produce—Butter 170 i to 1743 per cwt. Market weak. Cdieesi, 124s to 1323 per cwt. (PBESS ASSOCIATION TELEGRAM.) WELLINGTON, April 16. ' The National Dairy Association ihave received the following cable iiom their London offi.ce, dated April 13 th:'— The exchange'report shows New Z al nl butter, suited 171s to 17ls, nnsalted butte: ISi)s to 162 a; Australian saited, 164s to ICSj ; Argentine salted, IdOs to 1645; .Danish, salted, 18Ss. Cheese, ooloured, 128s to 1325; white, 1243 to 128s. Today'B prices are: New Zealand butter, 166 a to 16Ss; oheese, 122s to 12m. The butter market is weak and declinmg*. Expeot lower prices for cheese. THE BUTTER MARKET. Messrs Dalgety and Company, Limited, Christohurch, have received -the iollowin/ cabled tidvice from London,' dated Ap ll ISth:

Butter and Cheese—Since our wire of yesterday, prices are lower by 2a lor butter and 4a lor cheese. Both markets are weak.

Buvera. Sellers. & e. d. & s. d. BANKS— Australasia .. >• 13 C 0 — New South Wales i~ 87 16 0 — New Zealand ... •• 2 18 9 2 19 6 National »« 6 13 9 6 14 6 Union .* •• 14 8 6 14 10 0 INSUBANC!E— 8 17 0 National »» 0 — ■6 New Zealand • »• 1 8 9 1 9 South - British ... 1 17 8 — Standard — " 1 15 3 — SHIPPING — 2 11 6 Howard, Smith .. Huddart-P&rker (ord.) 2 10 0 2 1 0 2 2 0 Huddart-Parker (pref.) 0 19 6 — P and 0. (del.) 817 0 0 — U.S.3. Co. (pref.) .. 0 19 10 — COAIrN.Z. Coal and Oil •• 0 2 10 — Westport .. .• 1 18 9 2 0 0 Westport - Stockton (Old.) Q 4 10 — FINANCIAL — Dftlgoty and Oo. w 12 7 e — 1 6 Goldsbrough, Mort w 2 4 9 2 6 National Mortgage *. 8 16 0 — Loan and_M2rcantila .. —■ 90 0 0 N.Z. anS River Plato ,< 1 1 0 — Perpetual Trustees .1 Trustees' Executors .. 1 17 0 — 2 9 0 —* Wright, Stephenson 1 6 (ord.) 0 — MEAT— 15 10 Canterbury Meat Co. •• 0 — Gear Moat Co. • • 2 5 0 — N.Z. Refrigerating (pd.) 0 18 8 X 7 0 N.Z. Refrigerating (con.) Southland Frozen Meat 0 13 6 1 8 Co. (ord.) 0 ' — South. Otngo Freezing 4 6 Co. (ord.) . •• 0 miscella NEOtTS— Brown, Ewing and Co. 1 6 6 (ord.) •• _ ■ ■ — Brown, Ewing and Co. 8 (prof.) 1 0 Colonial Sugar ~ D.I.C. (ord.) .. 43 0 u 0 1 10 0 2 8 prom ptrem. D.I.C. (pre!.) .. 1 0 8 Dominion Rubber •• — 6 9 l 1 Donaghy's Twine .. Khiapoi Woollen (ord.) Kaiapoi Woollen (con.) Kaiapoi Woollen (pref.) 1 19 X i 012 G 0 1 1 1 15 Milburn Cement 0 Mosgiel Woollen • • McLeod Bros.' Soap 7 0 0 16 0 0 6 6 0 National Electric 1 1 N.Z. Drug Co. -■ N.Z. Express Co. (pre!-) 8 .0 0 14 = N.Z. ■ Hardware Co. Mills (old is3'ie1 0 14 9 1 5 10 1 6 6 Otago Daily Times .. 2 10 u A 1 Q P&puan Products • — U J. Sn:itli and Smith (pref.) 0 19 0 1 0 0 Whitcombo andi Tombs 3 10 6 — Wi'sfin'a Cement 1 5 0 1 5 9 MINING— 9 Waihi ... t~ 1 6 10 1 7 Grand Junction 0 7 0 0 8 0 Electrolytic Zinc .. 1 12 6 1 13 6 Mount Lvell .. ~ 1 S 0 1 4 6 WAR BONDS— 4J per cent., 1930 97 0 a — 4J per cent., 1938 97 2 6 — 4-J por cent., 1939 97 2 6 — 5J per cent. SoldierB' Bond?. 1933 100 IS 0 _ 4J per cent. Inscr., 1938 — 97 10 0 4J per cant. Inscr.. 1933 97 0 0 — 5J per cent. Soldiers' Inscribed, 1933 .97 7 6 98 0 0 Postal Bonds, 1929 97 0 0 —