CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LIX, Issue 17857, 1 September 1923, Page 12

CHRISTCHURCH STOCK EXCHANGE.

AUCKLAND STOCK EXCHANGE.

(mcux. *o "m nW'l AUCii-jUAiW, AUgUilt 31. Sales Beported —War Loans 19*>, I° B . 1927 £9B ija; Hank of New Zealand, e rignts 4»S 6d, cum rights, 60s, rignts iba 3d, JSew Zealand Insurance, 29s aa; lias, 2bs 3d; Levonport .Kerry. »» tel. British Tobacco, 435; Hill and Plummer, 2is (sd; tarenga Kauri Oils, 2a 6d-, Wiispns Cement, 275; New Waiotahi, 9d; Waihi, -Gs. Buyers. Seller*.

DAIRY CONTROL BILL.

(PEE3S ASSOCIATION TELIGBVVI.) WELLINGTON, August 31. The New Zealand Farmers' Union has decided to 00-operate with the Dairy Council in securing the favourable vote of the' milk suppliers at the referendum, which takes places in October. Upon the result of this vote depends whether the Dairy Control Bill recently passed will become law or not.

TALLOW,

Messrs A. H. Turnbull and Co. are in receipt of the following cable from their principals, W. Weddel and Co., Ltd., dated Lot don 29th: —"At tallow auctions to-day 1250 casks were offered and 993 sold. Tallow has advanced 3d per cwt. A3 compared with last auctions."

HIDES EASIER.

(SPECIAL TO "THE PBXSS.") DUjnEDIjN, August 31. As t 0 the decline ia the value of hides coinp.ained of by the butchers, this may roughly be stated at about 20 per cent. This fact lias taXen place during August, a. very perceptible decline having been noticeable at the last two fortnightly sales. The average butchers! abattoir ox hide is to-day worth from 7£d to 10id per lb, while cow hides are worth 5d to Td per lb. A line to the extent of the decline is afforded by the fact that to-day's led per lb' hide formerly would have brought 12d or 13d.

THE PROPERTY MARKET.

U r. tlC f ° sal< ? of Properties held yes- '+; k. 'Simes and Co- submitted three l ; 8 1. No. 19 Lyttelton street, Sprtvdon a bungalow of 5 rooms and 32 serve Lot *2 t0 I™* tha »■ 4 ,7t ?■ ovcr 5 acres and buildines at •Lot°3 xf ,?T T,11,jl waa 8014 a * £1025. 2i acL and t strect ' 'Spreydon of to 4 house wa« disposed "• -U. Chambers at £1335.

DUNEDIN STOCK EXCHANGE.

(SPECZAZ* 10 "Ml JBM8.") DUNEDIN, August 81. Sales" Reported—Bank of Jsew Zealand, ex rights, 60s 6d; New Zealand Breweries Shares, 22b 6d.

OTHER EXCHANGES.

(PBZSS ASSOCIATION TILXO*AM».) WELLINGTON', August 31. Sales Reported—War Bonds, 1039, £97 sa; New Zealand Befrigerating (10b paid) lis 2d.

METALS.

(Received August 31st, 10.15 p.m.) LONDON, August 2S. Copper—Spot, £62 18s 9d; ferword. £63 13s 9d. ' Lead —Spot, £24 15s; forward, £24 15s. Spelter—Spot, £33 10s; forward. £32 7s 6d. Tin—Spot, £194; forward, £195 £s Bd. Silver—3o 15-16 d per ounce.

ENGLISH GRAIN MARKETS.

(Eeceived August 31st, 10.45 p.m.) - LONDON, August 30. 'Wheat—Cargoes are stead/ at full lata rates. The demand is slow. Parcels a!ro firm and have advanced sixpence. The spot trade is quiet. Flour—The market is dull. Australian, ex store. 83s to 365. Oats, beans and peas—Prices axe namic*l and unchanged. Suieai—Prioes are unchanged.

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This Weak. laei Week. Last Tear. Buyers. £ ■ d Seller*. £ • d Buyer3. £ s. d. Sellers. £ s. d. Buyers. £ s. d. Sellers. £ s. d. debentures— NX Govt. per Inscribed, 1938 •• 97 3 6 - 97 0 0 97 5 0 97 17 6 — N.Z. Govt. M P er cent< Inscribed, 1939 •• 97 2 6 - 97 0 0 97 5 0 — — N.Z. Govt, ii per cent. Bonds, 193S N.Z. Govt. 4i per cent. Bonds, 3939 97 a 6 - 97 0 0 — 95 17 6 — 97 2 6 ' - 97 2 G — — — N.Z. Govt. 4i per cent. Bonds, ]9il •• 97 5 0 97 10 0 — — — — N.Z. Govt. 5 per cent. 98 5 0 93 10 0 — 96 5 0 Inscribed, 1927 .. N.Z. Govt. 5 per cent. 93 0 0 96 0 0 96 5 0 Bonds, 1927 98 0 0 N.Z. Govt, oi per cent. Inscribed, 1933 101 15 0 102 10 0 _ 102 5 0 — 99 17 6 N.Z. Govt. 51 F er cent - 101 10 100 0 10a 0 0 102 10 0 99 10 0 100 0 0 Bonds. 1933 N.Z. Breweries 10 p.c. fl 102 0 0 100 0 0 101 15 0 — — BANKS— _ Australasia. •• 13 0 0 13 14 1 18 40 IS 0 — — 1 12 6 1 13 3 Comm. of Austrain •• .— 0 41 0 0 41 15 0 — — New South Wales 0 (cam div.) New Zealand •• •• - 2 11 0 19 3 (lights) 19b Royal li>l paid) 1 16 0 — 1 16 0 6 17 6 13 a 6 13 6 6 Royal (£-1 paid) Union of Aust.alaa — 14 6 0 14 6 6 8 6 0 14 7 G — — Bank cf Adelaide 8 5 0 INSURANCE— 8 19 1 10 2 2 2 ■ 0 0 3 19 6 S 2 6 — National 6 19 9 1 10 6 17 3 New Zealand .. South 1 9 2 1 1 18 6 6 0 2 10 1 18 6 2 2 0 2 0 0 1 11 3 1 12 6 Standard (cum div.) .. 6 (cum div.) LOAN AND AGENCY — GolHsb rough, Mort •• 3 6 6 3 7 0 3 6 9 2 7 6 2 3 0 2 4 0 SHIPPING- _ 2 13 2 3 6 2 12 9 2 13 9 — — Howard. Smith •• ' ' 9 6 2 3 9 2 10 0 2 12 6 Huddan-Parltcr P. and 0. Def.' Stk. .. 2 2 825 0 0 — . — — Union (51 per cent, cum pref.) 1 0 6 - 10 4 — — — FROZEN MEAT— N.Z. Refrigerating (£1 I A 0 14 2 14 0 1 4 8 paid) •• •• N.Z. Refrigerating (108 paid) 0 10 9 JL * 0 11 3 0 10 S 0 11 « 0 13 0 0 14 0 COAL — _ Taupiri 2 1 0 1 1 0 2 10 — ' 1 12 0 — Westport 6 WOOLLENS— 116 — 1 3 Jlaiapoi (£1 paid) 1 0 6 (oum div.) GA.S — Napier (pref.) .. 10 0 0 10 5 0 -T- — — BREWERIES— 2 15 1 6 0 2 15 0 — — Crown 3 14 9 15 0 3 2 6 — 6 Manning 2 3 6 2 4 9 2 6 0 12 9 1 4 Ward 1 9 6 — — — — New Zealand .. CEMENTS— Wnson's Pontland 1 7 6 17 9 — — MISCELLANEOUS— Mason, Strutters (Ms paid) • • — 0 17 9 — 0 15 6 — N.Z. Farmers' Co-op. (71 per cent. Bonds, ,1931) •* N.Z. Sugar of Miik .. 95 0 1 12 O 1A 0 0 R 3 14 0 1 12 8 3 15 6 3 4 0 8 8 0 "Wliitcomba and Tombs — . - Huddart-Parker 43s; N.Z. Be-

CLOSING QUOTATIONS. Buyers. Sellers. £ b d £ » d MINING--oiomai Hydraulic ..,0 8 0 0 8 it Waihi .. 15 6 1 511 Waihi Grand Junction 0 6 0 0 7 0 Mount Lyell 14 0 14 -9 BANKS— Australasia ... • .. — 13 12'6 J.\ey/ south Wales .. — 41 0 0 New Zealand (ex rights) 2 10 6 2 10 9 New ' Zetland (rights) 18 7 19 1 National .. .. 6 12 IS . —- Union .. ..14 5 0 14 8 0 INSURANCE— JNationai. . .... .i - - ■— 8 19 3 New Zealand . .. 19 0 110. 0 South British n — 2 16 Standard •. 1 18 3 . SHIPPING— nuddai>Parker (ord) 2 2 3 2 3 0 Huddart-Parker (pref.) 1 0 . 0 P. and O. (def.) ..315 0 0 330 0 0 Union S.S. Co., (pref.) 1 0 .4 COAL- ' 1'aupiri (ord.) .. 018 6 — Westport .; .. 2 16 2 19 "\V e=tpoi t-Stockton (prel.) — o 6 0 FINANCIAI^Uaigety and Co. ... 12 17 ,6, — Goldsbrough, Mort .i — ' 2 7 3 National Mortgage .. 4 5 0 — N.Z.'Loan and Mercantile (ord) 84 0 0 N.Z. and River Plate 110 — Perpetual trustees .. 1 17 6 Trustees' Executor's • .. '2 15 0 —' Wright, Stephenson (ord.) . ... .. 1 10 0 —' MEAT JfHESEEVING—. ... • „ — 2 6 0 N.Z. Refrigerating, (pd.) — . I .4 3 Southland. Frozen Meat . (ord.) .. o il 6 Southland Frozen .Meat _ i(pref-). .. , ..1 10. 0 — South Otago Freezing 4 9 0 • ' WOOLLENS— Kniapoi (ord.) .. — 13 0 Kaiapoi- (cont.) .. ; 0 10 3 0 11 0 Kuiapoi (pref.) .. 1 1 8 ' 1 2" G f. nu! ® . - «- — 1 18 6Mosgiel .. , c _ 7 6 0 Wellington • .. 2 3 0 2 6 0 Brown, Ew.nsf (ord.) .. 'Broivn, Ewing (pref.) .. D.I.C., (ord.) • D;I,C. • (prdf.) ... liominion .Rubber Milburn Cement McLeod Bros. Soap .. N.Z. [Breweries, Lid. .. N.Z. Breweries Debentures i.. National Electric N.Z. Drug Co. N.£. Exp.eas ipref.) N.Z. Hardware (ord.) .. N.Z. Hardware (pref.) N.Z. MaJay Rubber .. Otago Daily limes Ni.Z. Paper Mills . ., Papuan Products , Smith and,Smith (pref.) Whit-combe and Tombs Wilson's (N.Z.) Cement "WAR BONDS— 1930 4J per cent. Bonds 1938 4i per cent. Bonds IPS'-) 44 cent, .uonds 1933 61 per cent. S.S.' Bo ds - 1938 4J per cent. Inscribed 1939 4J per cent. Inscribed 1933 5j per cent. S. S. Inscribed 1927 5 per cent P.O. 'Bonds .. . 1927 5 per cent.- P.O. Inscribed • 1929 5 per cent. P.O. Bonds 1929 . 5 per. cent. P.O. Inscribed 18 9 11 0 0 19 prem. 1 i;o 0 18 6 17 0 0 12 0 3 5 0 0 14 0 0 6 6 0 14 9 0 9 6 2 15 0 0 18 6 3 13 6 16 9 97 0 .0 97 0 0 97 0 0 102 7 6 102 2 6 93 7 6 98 7 6 98 7 6 98 7 6 1 10 1 0 1 15 12 102 10 0 19 0 15 0 8 1 5 0 1 1 0 3 15 .1 7 97 7 97 10 0 6 6 9 0 6 9 0 9 0 0 0 3 6 0

BANKS— 18 U Australasia, 13 6 0 0 N ational ... • > 6 12 6 6 15 0 New Zealand .. 2 19 6 3 0 J New Zealand (rights) .. 1 8 6 1 9 3 Unicn 14 5 0 14 7 6 INSURANCE — 3 19 National .. •' — 0 New Zealand .. 1 9 3 1 10 0 South British , 2 0 9 2 2 0 Standard ' .. <> 1 18 3 — F1NAAC1AL— Goldsbrough, Hort — 2 7 0. N.Z. and Liver" Plate 11 3 1 2 8 Loan and Mercantile ... 70. 0 0 80 0 0 Loan and Mercantile ■ (pref.) 77 0 0 COAL- — 6 a 2 0 15 6 , "Westport .. .» 2 0 (pref.) • ' 0 Hikurangi Taupiri (pref.) AVaioa , »• 0 19 8 . — 1 S 0 16 6 3 0 17 0 SHIPPING— 9 llevonport .Ferry .. 1 5 ' 0 1 5 Howard, Sinith, Ltd. .. 2 12 0 — Huddart-Parker (ord.) 22 0 2 8 8 Northern • St'eam (cont.) ■ — 0.7 8 P. and O. (def.) - ...■ 305 0 0 330 U 0 Union Steam (pref.) .. - 10 O "T WOOLLEN— 6 6 Kaiapoi (ord.) I'O 6 X ■ 8 Kaiapoi (IO3 paid) 0 10 0 011. MISCELLANEOUS — Colonial .Sugar, , 48 0 0 50. 0 0 Kempthoree, Prosaer .. ' 3 i' 0 0 16 * 1 6 9 N.li. Express '■ — • N.Z. Pap'sr Mills —' 0 N.Z. Rel'rigeratihg .. ■ '11 S 0 N.Z.. Refijgtrating (con.) 0 11 0 • 012 0 . Union Oil 1 14 6 . — "Wilson's .Cement 1 6 0 1 '7 2 Breweries, Ltd. 1' 1 0 — MINING— 9 0 2 Moan'r.taiari 0 1 6 Muir'a Beefs 1 0 0 1 5 0 ■ AY aihi 1 5 9 1 6 8 Grand Junction 0 6 4 0 66 DEBENTURES— 96 10 War Loan, 1930' 0 War Loan, 1938 97 0 0 — War Loan, 1939 97 0 0 — War Loan, 1927 98 0 0 ,— Soldiers' Loan, 1933 .. 102 6 0 Breweries, Ltd. 101 10 0 105 0 0