CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LIX, Issue 17807, 5 July 1923, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sales reported—{roldabTcngh,. Mort, 46a; Kaiapoi (10a paid), lis 6d; Union Bank of IA-astralia, Ltd., £ls; GoldsfaiougS, Mort, i£3 3d, <6s 6d. Sale on 'Change—"Westpori Coal, 40s 3d. LATEST QUOTATIONS. Buyers. Sellers. ' & s d & » d

OTHER EXCHANGES. (mess association teleoeaks.) AUCKLAND, July 4. Sales—New Zealand Inscribed, 1929, £9B; Bank of New South Wales, £4O 10a; Bank of New Zealand 61s 6d; Union Bank £ls; New Zealand Insurance, 325; South Britisn, 40a; Auckland Gas, 2£s 9d; P. and O. (def.), £33o'; Kauri Timber, 28s ed; Mbanataiari, 8a; Waihi, 25s 3d;, Grand Junction, 63 ed. WELLINGTON 3 , July 4. Sales Reported—New, Zealand Insurance £1 12s 3d; New Zealand Befrigerating, £1 5a 6d. DUNEDINVJuIy 4. Sales on 'Change :—Bank' of New Zealand, 63s 9d; New Zealand Insurance, 32a 6d, 32a Od, 32s 7d, 323 3d; P. »nd 0. (def.), £335; Westport Coal (three), 40a 3d.: Sales reported:—New Zealand Insurance (three), 32s 6d; Bank of New Zealand (two), 61s 9&; Weatport Coal (two), 40s 3d. UNION BANK OF AUSTRALIA. (BY CABLE—PRESS ABSOCIATIOir—COJTEIOHT.) (IUSTBALIAH AHD ».& CIBLB iSBOCIATIOH.) (Received July '4th, 8.10 p.m.) LONDON, July 3. The. Union Bank of Australia has declared a final dividend of 18 per cent., tax.fre*. The sum of £IOO,OOO has heen added to the reserve fund, and £83,7il is carried forward. LONDON WOOL SALES. (Received J-uly 4th, 8.10 p.m.) LONDON, July 3. At the wool eales a go«l selection of crossbreds and an average selection of merinos met with fair competition. Prices generally were unchanged. .WHEAT MARKET. ■ (Received July 4th, 9.55 p.m.) LONDON, July 3. Wheat—Cargoes were quiet and threepence to sixpence cheaper under selling pressure frorn tjie /rqcnlh*-.' Parcels were easier nnd at fair trade was doing at sixpence decline. Parcels ex the Kathlamba cold at 46s 9d to 475. AUSTRALIAN MEAT IN LONDON. (Received July 4th, 8.10 p.m.) LONDON, July 3. Sir Joseph Cook, Hijrli Commissioner for Australia, and Mr D.. C. Cameron, a member of the Federal House of Representative's visited Smithfield Market. They found Australian meat better dressed and more attractive in appearance than heretofore. The manager suggested that it would be to Australian ]>astorali3ts' advantage to send a practical representative to .vtudv market conditions here, and also American arid Ar»cniine methods, which hitherto have' been eminently successful compared with Australian. CLARIDGE»S FARMERS' SALEYARDS. WEEKLY REPORT. Messrs F. P. Claridge and Co. report business as follows for the past week: —Horses: A email yarding, but prices fair considering the class of horses entered. Prices ran°-«i from £1 12s 6d to £9 9s. Harness: Not"as big a demand this week as previously. One spring dray set sold at £ll 10s, new S.D. saddle and breeching £8 3s, trap set £6 6s pair hopples 30s, set leading chains. 15a! We still have a few first-class horse covers left, which we are clearing at £2. They are exceptional value at the price. Vehicles: Good business ia being done in thie department, and we have placed- several good gigs and spring drays at prices ranging from £25 to £42, l four-wheeled buggy £l6 10s, Daisy cart £ls. Produce: We have to report having sold under the hammer and privately a large amount of produce at prices satisfactory to vendors. Chaff Is 7d to 5a 6d per sack (sacks in), oata 16s and 17s, wheat 18s, potatoes 9s to 18a 6d, sv/edes 2s per sack, carrots os. A large quantity of cow hay, racehorse hay, oat and wheat straw chaff was disposed of. Poultry: Competition was brisk this week, and good poultry sold well. Hens 33 to 5s per pair, pullets 15s pair, roosters 2s to 8a 7d pair, cockerels' 4s 6d to 83 pair, ducks 7s 6d pair, eggs Is 8d dozen. Sundries: Tom Thumb plough/ £4, lever harrow £3 10s, bike £0 15s, chest drawers £l, crushing mill £ss ss, copper £3 10s, incubator £o 2s 6d, iron vyce £2. Large quantitv of bacon sold readily at 5d to 10ja per lb. 4963 SHORTAGE OF WHEAT OFFALS. (r«BBS ABSOCIATIOK 'rSLICBAM.) BOTORUA, July i. Mr J. N. McLean, president of the NewZealand Poultry Association, who telegraphed to the Hon. W. xiosworthy statins' that a serious shortage, of bran and pollard was very gravely embarrassing poultry raisers, recoived a telegram to-day that the Department of Industries and Commerce upon representation being made, is prepared to grant the Association a pertn-t to import a limited quantity in order to relieve the position.

DEBENTURES— N.Z. Govt. 4J par cent. Inscribed, 1938 «— 97 5 0 N.Z. Govt. -Ij" per cent. Bonds, 1933 97 0 0 — N.Z. Govt -1J per cent. Bonds, 1939 97 0 0 — Cflriatchurda City Council 6fj t-er cent., 1935 105 0 0 103 0 0 Australian Gas Liglit "B" 6 o«r cent., 1225 — 100 0 0 BANKS— Australasia — 13 13 0 Comm. of Australia — 3 0 0 National of N.2. (cum dir.) .: ' .. — 7 0 0 New South VTales m 5 0 •10 10 0 New Zealand (cum rights) s 1 3 3 1 9 Royal (£1 paid) — 1 16 0 Union of Australia — 15 1 0 INSURANCE— National i 0 6 i 2 0 New Zealand .. 111 0 1 12 6 Standard — 1 19 6 LOAN" AND AGENCY— . Dalgety and Co. 12 15 0 13 0 0 Goldftbrough, Mort 2 6 0 2 6 6 National llortgag-s i i 0 — SHIPP1NGHoward, Smith. 2 13 3 — Huddart-Parier 2 3 3 — New Zealand (S per cent. cum pre!. er divj — 9 a 6 FROZEN MEAT— N.Z. Refrigerating (51 paid) 1 5 6 1 5 9 N.Z. Refrigerating (10s paid) — 0 12 11 OOAI^'Westport 2 0 0 — ■Westport-Stocliton 0 6 S 0 7 0 GAS— Christchurch 8 7 G 8 10 0 BREWERIES— . Crown — 2 14 0 Manninj 6 0 0 6 10 0 Ward 2 5 b 2 S 0 MISCELLANEOUS— Beath and Co. 1 IS 0 1 13 9 Burns, Pliilp .. 1 11 6 1 12 3 D.I.C. (10a paid) 0 13 6 — D.l.C. (7s 6d paid) .. , 0 9 6 — Eclipse Petrel (£lpaid) 0 7 e 0 15 0 Mason, 'Struthers (Is paid) — 0 5 0 N.Z. Dru? Co. — 3 6 0 N.Z. Farmers' Co-op (£2. paid) 0 15 3 ,• —. N.Z. Farmere' Co-op (74 Bonds, 1926) 95 0 0 96 0 0 TTnito;! Pictures I' 3 0 1 5 e Whitcombe and Tombs _ 3 IS 0 MT\'TN'G— Waihi _ 1 5 9