CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LX, Issue 18149, 12 August 1924, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sale 3 Reported—Bank of N.Z., 57s (two); Royal Bank (£i paid), £6 12s 6d; Ward Brewery (ex div.), 51a 6d. Sales on 'Change—Royal Bank (£l paid), 333 9d; K.Z. Refrig. (paid), 183; Manning Brewery, 32s 9d (4 parcels); Ward brewery, (ex div.), 51a 6d (two parcels). Buyers. Sellers.

"GRAiND NATIONAL" WEEK. • During "Grand National" Week the Chrislchurch Stock Exchange will. be closed on Tuesday, Thursday, and Saturday, and open for calls at 10 a.m. on Wednesday and x - OTHER EXCHANGES. AUCKLAND, August 11. Sales—National Bank, 132 a; New Zealand Insurance.: 27s 4d; South British, 40s 9d; Goldsbrough, Mort, 47s 3d; Northern Steam, Ifis 6d: Waihi, 28a 3d. WELLINGTON, August 11. , Sales Reported—lnscribed Stock, 1938, £9B; New Zealand Breweries, £1 2s Bank of New Zealand, £2 17s; New Zealand Insurance Co., £1 9s 4d; Waipa Coal, 19s 6d; Ward end Co., £2 lis 9d. DUNEDIN, August 11. Sale—Waihi, 28a. 6d. Sale (pref.), 2ls. THE ABATTOIRS. SLAUGHTERING RETURNS. The following are the slaughtering returns for the municipal abattoirs for July:—

A CMll'sg Koom. Regarding the erection of a. chilling room at the abattoirs the committee reported that they had asked the City Solicitor for his opinion as to whether the Council had power to increase the "Scale of Fees" for the use of the abattoir to provide for the annual charges on a loan for the erection of a chilling room. The City Solicitor pointed out that it was,doubtful whether a "chilling room" wr>s a public work duly authorised within 1-ho meaning of Section 3 of the Local Bodies Loans Act, 1913, which gave power to raise a special loan for any authorised purpose. He further stated that the "Slaughtering and Inspection Act, 1908, which empowered the Council to make charges for the ÜBe of the abattoir for the storage of stock or carcases therein, etc., had been amended by omitting the words "storage of stock or' carcases therein. If the Council had not ■ the power to provide for the interest and sinking fund by increasing the charges for the use of the abattoir the committee could not see its way to recommend the erection of the chilling room as the revenue might be insufficient to meet the annual charges, and in such case a special rate would have to be collected. The committee further recommended that the attention of the Minister of Agriculture be drawn to tho matter with a request that the Act be amended giving local authorities power to erect chilling rooms and to increase the fees for the use of the abattoir .to provide for the annual charges on a loan for their erection. The report was adopted, and the recommendation approved. WHEAT. LONDON, August 10. Wheat cargoes . are depressed as regards arrivals expected shortly. Cargoes on the Baruso "on • passage were offered at low as 53s 9d, but there were no. buyers. Hard winter Sorts are nominally unchanged, and white descriptions ignored. Parcels are inactive at about recent quotations.

"NO MORE WHITE BREAD!" Scientific men, medical men the world over, are to-day proclaiming. Against white bread. Why? White bread has nothing to recommend it bnt its appearance, and those people who study appearance beforo health will no doubt continue to use it. On the other hand brown bread or wholemeal contains all the' natural food and health qualities of- the wheat. It is far easier digested and is consequently better for thoss who suffer from digestive troubles. It is a proved fact that life can be maintained twice as long on a diet of brawnbread (is yn a diet of white bread, -which conclusdyely demonstrates; that wholemeal contains nearly double the nutritive properties of white flour. -The-Sanitarium Health Food Co., 708 Colombo street, opp. Kincaid's, sell hygionically made brown wholemeal loaves at 3d and 6d each. Talie one homo to-day. —3

£ B. d. £ s. d. : V Z. GOVT. DEBENTURES—' 4| per cent. Inscribed, 1338 .... 97 17 6 98 2 6 4£ per cent. Inscribed, 97 17 1939 6 — 4J per cent. Bonds, 1930 .. 97 15 0 — 4£ per cent. Bonds, 1938 98 0 0 — 5 per cent. Inscribed and Bonds, 1927- .. 98 0 0 — 5§ per cent. Inscribed, 1933 .. .. 101 7 6 101 15 0 OTHER DEBENTURES— Christchurch City 6J per cent.. 1929-34 ..105 0 0 — Christchurch Drainage, • 5J per cent., 1938-73 98 0 0 99 0 0 N.Z. Breweries, 10 per ' cent. Stock — 1 2 2 N.Z. Breweries, "10 Per cent. Bonds 1 1 10 1 2 2 Booth, Macdonald, 7J per cent., 1932 81 0 0 85 0 0 BANKS— Comm. of Sydney — ■ 22 30 0 Adelaide 8 2 6 8 6 0 Australasia 13 14 0 13 17 0 Bank of Victoria 6 12 6 6 18' 0 Comm. of Australia . (ord.) 1 9 6 — Comm. of Australia 6 12 (pref.) .. 6 10 0 0 Nat!, of Australasia, 15 12 (£10 paid) 15 11 0. 6 National of N.Z. — 6 12 0 New youth Wales (cum div.) 41 5 0 41 15 0 New Zealand 2 16 6 2 17 0 Royal (£1 paid) — 1 14 0 Royal (£4 paid) 612 0 6 13 0 Union of Aust. — 14 17 0 Western Australian 2 13 (old) — 0 INSURANCE— 3 13 National .* 8 10 0 0 New Zealand .. 1 9 1 1 9 5 Standard 2 2 0 2 4 6 LOAN AND AGENCY— Christchurch Building Society 11 0 0 — Gcldsbrough, Mort (cum rights) .26 9 2 7 S National Mortgage 3 10 0 3 15 0 N.Z. and River Plate .71 0 3 > Permanent Investment — 10 5 0 SHIPPING— 1 13 Howard, Smith 1 12 9 6 Huddart-Parker 2 3 6 — P. and 0. Deferred 286 0 0 289 0 0 FROZEN MEAT— Canterbury ... 13 7 6 13 15 0 Gear — 2 5 0 N.Z. Refrig. (paid) 0 17 9 0 18 3 N.Z. Refrig. (contr.) .. 0 8 6 0 8 8 COAL— Westport » .. 1 18 2 1 18 6 Weptport-Stockton 0 5 4 0 5 6 Westport-Stockton (pref.) 0 6 9 0 7 9 GAS— Christchurch 7 12 0 7 14 0 BREWERIES— Crown 2 4 0 — Manning 1 12 7 1 12 9 New Zealand . 1 7 9 1 8 6 Ward (ex div.) — 2 12 0 CEMENTS— Wilson's 1 9 8 1 10 1 TIMBER— Kunri —' 1 9 3 MISCELLANEOUS- - Beath and Co. 1 12 6 1 13 0 British Tobacco 2 2 0 2 3 0 . Burns, Philp 1 14 9 1 15 6 Dominion Rubber .... 0 16 0 1 0 0 Electro. Zinc (pref. cum div.) ' ... ■" — 1 7 0 Hume Pipe (Old Issue) 0 17 3 0 18 9 Mason, Strutters (6s , paid) 0 6 10 — Mason. Struthere (4s pd.) ' 0 4 7 0 4 8 N.Z.. Farmers' Co-op. (£5 paid) 2 11 0 — N.Z. Farmers' Co-op. ... (£2 . paid) " 0 12 3 0 13 3 N.Z. Farmers' Fertiliser 3 18 6 4 a 6 N.Z. Milk Products 1 6 0 — N.Z. Sugar of Milk .. 1 8 6 — - United Pictures 1 6 6 1 10 0 Whitcombe and Tombs 3 13 6 8 15 0 Mining— : Mt. Lyell . .. J 0 9 1 f s Grand Junctions ;. 0 2 6

Slaughtered. Condemned. "1924. : 1323. '1924. 1923. Cattle .. 1726 1580 23 10 Sheep .. 9177 10,786 23 34 Lamba .. 619 502 — — Pi»3 .. 1463 1249 12 10 Calves- .. 731 453 25 18'