CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LX, Issue 18186, 24 September 1924, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sa'.c-3 Reported—X.Z. Govt. 5 per cent. Bonds, 19-27, £3B: South British Ins-arance, 43s 3d. Sales on 'Change—Mannine Brewery, G!2. LATEST ■ QUOTATIONS.

CANTERBURY STOCK EXCHANGE The Canterbury .Stock Exchange, recently constituted, he.d its inaugural meeting yesterday for the transaction of business, but the proceedings were only formal, and no transactions were recorded. It is the intention of the committee of the Canterbury Exchange to issue a daily Bi;aro list with quotations arid sales. An application \a also being mado for affiliation with tiio JSew Zealand Stock Exchange in order that the brokers of tho Canterbury Exchange may be able to engage in transactions with those of the Christchuich Exchange or of other exchanges in affiliation throughout New Zealand.

OTHER EXCHANGES. (PBESS ASSOCIATION TELEGRAMS.) AUCKLAND, September 23. Sales—New Zealand Inscribed, 1929, £9B; 1927-41, £9B 10s; New Zealand Insurance, 29b Cd; Auckland Gas, 24s 9d; New Zealand Refrigerating (contr.), 10s; Wilson's .Cement, 29s 6d; Waihi, 2Sfi 3d. WELLINGTON, September 23. Sales Reported—Taringamutu Totara. Timber, £1 14a; South British Insurance, £2 3s 3d; Gear Meat, £2 3s 3d; Inscribed Stock, 1933, £lOl 10s. DUNEDIN, September 23. Sales—Bank of New Zealand, 60s Gd (two parcels), 60s 3d; 5J per cent. Soldiers' Bonds, 1933, £lOl ss. FOREIGN EXCHANGE RATES.

WOOL. (Received September 33rd, 7.45 p.m.) ' LONDON, September 23. Bradford tops, business is quiet, and quotations are firm, but ueers are unable to follow the London rates. SYDNEY WOOL SALES. (Received September 23rd, 10.30 p.m.)" SYDNEY, September 23. At the wool sales the general competition, keenness, and demand were unabated, and prices were equal to the highest' of the series. Greasy merino touched- 39id, greasy crossbred 31d, and scoured 60Jd. There are heavy clearances daily. METALS. :■ (iSooeived September 23rd, 9.15 p.m.) LONDON. September 22. Copper—Spot £63 le 3d; forward £63 J3 3d a ton. Lead—Spot £33; forward £32 10s a ton. Spelter—Spot £32 12a 6i; forward £32 10s a ton. Tin—Spot £2-27 17s 6d; forward £209 123 6d a ton. Sih-er—Standard 35d; fine 37Jd an ounce. GOLD. . (Received September 23rd, 8 p.m.) LONDON, September 23. The price of gold is £4 12s 7d. WHEAT. (Received September 23rd, 8 p.m.) LONDON, September 23. Cargoes are quiet in sympathy with the American decline, but olosed. fully-steady. Parcel* are in lair request. " .

Buyers Sellers. £ 6. ■ d. £ B. d. X.Z. GOVT. DHBEXTU1 sES— 4J per cent. Imcnbed, 1S3S 97-7 6 — i'i per cent. Inscribed, 1939 .. •• — 97 15 0 i't vc-r cent. Bonds, 1930 — 97 17 6 5J Der cent. Inscribed "l 933 101 5 0 — jr, nor cent. Bonds, 1033 .. •- 101 7 6 101 15 0 5 "jer. cent. Inscribed, " 1907 - ■.; 93 0 0 SS 10 0 5 per cent. Bonds, 1907 98 0 0 — OTHER. DKBEXTURF.S- - Xapier Harbour, 5j per cent. IMS K'O 0 o : 100 10 0 North Canterbury Hospi:al CX per cent. l'J'i-2 '.. — 99 0 0 Christchurch Drainaae 5J per cent., 1936-73 9S 10 0 — X.Z. Breweries, 10 per cent. Bonds .. ; ' 1 1 6 1 1 10 X.Z. Breweri-cs, 10 per cent-. Stock 1 1 6 1 2 0 BANKS— Australasia ' .. 13.14 0 13 1G c Bank of Victoria — G 16 fi Comm. of Australia .. 1 9 7 1 10 3 Conim. of Australia (pre;.) — G 9 0 Comm. of Sydney 22 0 0 22 7 G Ens-fish Scottish and A. ...■■ 6 5 0 —. National of Australasia (£10 paid) 15 6 0 15 9 0 National of X.Z. c 13 0 fi 10 0 Nov.- South. Wales 41 0 0 41 10 0 New Zealand 3 0 2 3 0 G Royal (£1 paid) - 1 13 G — Union of Aust. 14 12 6 14 17 6 INSURANCE— Xationo] 3 15 9 — New Zeala nd 1 9 4 — South. British . 2 3 0 2 3 9 Standard • 2 1 0 2 2 6 LOAN'AND AGENCY— Permanent Investment — 10 5 0 Goldsbrough . Mort (old) ... 2 5 0 2 5 9 Goldsbrough, Mort (new) 2 4 0 2 4 G SHIPPING— Howard, Smith 1 15 3 1 16 0 Huddart-Parker (cv.m div.) .... — 2 5 3 P. and O. Deferred .. 300 0 0 305 0 0 FROZEN-MEAT— Canterbury 14 0 0 14 7 6 Gear — 2 7 G N.Z. Reirig. (paid) 1 o : 0 1 1 0 N.Z. Befrig. (contr.) .-v :...o.'. 9-lo- • 0 10 0 •WOOLLENS— Kaiapoi (ord.) 0 15 .6 .0 16 6 COAL— Westport-Stockton 0 2 0 0 3 0 GAS— Christchurch 7 12 0 7 14 0 BREWERIES— Cimra 0 3 9 a 4 G Manning 1 13 0 1 13 0 Now Zealand 1 5 0 1 10 0 Ward — 2 12 3 CEMENTS— Wilson's 1 9 0 1 9 G TIMBER— Kauri 1 10 9 1 11 3 MISCELLANEOUS— Beath -and C:>. 1 12 9 1 14 0 Burns, Philp 1 13 9 1 14 6 D.I.C. (pref.) 1 0 6 — Donaghy's Rope and Twino — 1 14 0 Glenmore Brick and Tile (ord.) < 1 2 5 — Mason, Struthers (£1 paid) — 1 5 0 Mason, Struthera (14s paid) — 0 IS 6 Mason, Struthers (6s paid) 0 S 9 0 7 3 Mason, Struthers (4s paid) 0 4 9 0 6 0 N.Z. Drug Co. (cum div.) 3 8 0 — N.Z. Farmers' Co-op. •-- • (£5 paid) — 2 15 0 N;Z. Farmers* Co-op. (£2 paid) 0 10 G JO 12 0 N.Z. Sugar of Milk .t. 1 G 0 1 10 0 United Pictures 1 6 0 — "Whitcombe and Tombs 3 13 0 3 14 6 N.Z. Farmers' Fertiliser 4 8 0 «— MINING— Mt. Lyell . .. 0 19 s 1 0 2

LONDON, September 23. The exchange rates aro as follows:— Par. -Sept. 18. Sep. 23. Paris, fr. to £1 .. 22.225 " 83.9 64.35 Brussels, fr. to £1 .. 22.225 89.88 90.55 Christiania, kr to £1 18.159 32.41 32.35 Copenhagen, krto £1 18.159 26.34 26.13 Stockholm, kr to £l 18.159 16.78 16.76 >Berlin, inarkB to £1 20.15 18f 13? billions, billions. Montreal, dol. to £1 4.86 4.46J 4.46i ?Xew York, doL to £1 -1.86 ' 4".46g 4.46 Home. lire to £1 .. 22.22* 10lf 1015 Hong Kong, st. to dol. * 28J 2oiYokohama, st. to yen . 21.5 2113-lGd 21 ll-16d Calcutta, st. to rpe 10 to gold £ 17 9-l€d 17 ll-16d • Determined by price of silrer.