CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXII, Issue 18673, 23 April 1926, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sales Reported—E., S., and A. Bank, £'i 15s 9d; X.Z. Insurance, 3Sa 3d; X.Z. Refrigerating (contr.), Ss 2d. Sale* on; 'Change—X.Z. Govt. 4J per cent. Bonds, 1938, £96 105; Comm. Bank of Aust., SOs '9d ■; Bank •of New South Wale*, £U 123 6d; Bank cf X.Z., GOs 6d (2 parcels); Union Bank, £ls Is; , X.Z. Insurance, 3£a 6d;.X.Z. Refrig. (contr.), Ss 2d; Christchurch Gas, as lOd U parcels), 33s 9d (a parcels); B*ath and Co., 31s 3d; Kawaraii, 7s, 6s lOd; Mt. Lyell, 25s sd; Goldsbiough, Moit, 6d, 4Ss »d (2 parcels). LATEST QUOTATIONS.

OTHER EXCHANGES. ' (PRESS 'ASSOCIATION TBLBGEAH.B.) AUCKLAND, April 22. Sales—New Zealand Breweries, Ltd., debentures, £26 3s; Bank of New South Wales, i £45; Union Bank of Australia, £ls Is; New ' Zealand Insurance, 38s Sd; Pukemiro Col- J lieries, 47s «d: Taranaki Oilfields, lis: Wil- I sons Cement, 355; Kawni..n, 7s and 7s id: New Waiotahi (contributing), BJd. DUNEDIN. April 22. Sale—lJ per cent. Bonds, 1930, £96 7s 6d. INVERCARGILL MARKETS. (SPECIAL TO "THE PBZSS.") INVERCARGILL, April 22. Oats—The market continues in an unsatisfactory state, and this has been largely das to the importation of Canadian oats. It is reported that considerable quantities have already been landed, so that the demand for the New Zealand grown article is at present a very email one. Prices to farmers are in ihe vicinity of 3s 4d per bushel for A grade, and 3s Id for B's, o.t.m.c.s. Wheat—There has not been a great deal of wheat offering, but there is a ready market for any lines suitable for milling, while there is also a good demand for fowl wheat. Prices to farmers can be quoted' at 6s 8d and 6s 9d for Tuscan, wFile Velvet is 7s per bushel. Chafl—The market is well supplied with considerable quantities of new chaff offering. Values to farmers work out at £4 15s per ton, o.t.m.c.s. Ryegrass—The market for this seed is exceedingly dull at present. It was hoped earlier in the season that big quantities would be placed in Australia, but the market does not now appear to be .available and the landing of large quantities of Irish seed at a lower figure than New Zealand merchants have been able to quote is reported. Merchants, in the absence of an outlet, are not anxious to buy, and it is doubtful if the best lines would command over 3s 9d per bushel Potatoes;— So far there have been few lines offering of the main crop, but digging has now probably commenced and there should ~be fair quantities available during the next week or two. The market for shipment is dull and parcels have been offered in the north at £7 per ton, f.o.b. On this basis the value to farmers is about £5 10s per ton. INVERCARGILL FRUIT MARKET. (SPECIAL. TO "THI PEESS "1 INVERCARGILL, April 22. The fruit market has been very heavily supplied with tomatoes .during the week and as a large proportion are frosted in many instances, very low ' prices had to be accepted to.clear consignments. On the other hand any samples not affected have" met with a good demand and have realised satisfactory prices. Apples are coming forward in regular supplies, and consequently prices generally are easier. Pears also are more plentiful. A few late peaches are forward; the demand has been limited for this fruit. Grapes command a ready sale, snd this also applies to quinces and well-graded ccoking apples. A cons'gnment of Island oranges arrived during the. week and were readily taken up. Further supplies are due tomorrow, ant' prices may be expected to case a little. Bananas are very scarce for the time-being. The next supplies are due from Auckland at tho beginning of nest week. Jsm melons arc expected forward by th* rext trip of the WaiUouaiti. Italian lemons have been very plentiful, but stocks are now becoming depleted, with the result that prices are rrzy much firmer. Vegetables are very plentiful t,nd prices generally are low. Current prices for the week are as follows: Dessert apples (well graded) Cox's Orange, 10s to 13s 6d, Delicious to 14s, Jonathans to 10s 6d. King Davids to <Js, cookers 6s to 7s 6d, small undersized fruit from 3« to ss", pears, best dessert 2Jd to 3Jd per lb, cookers lid to 2Jd'i quinces, 2d to 2Jd; tomatoes (sound samples) to 4d. other lines prices 'according to condition; Island oranges to 34s per case; bananas, 28s to 355; Italian lemons, 40s double- case; grapM, Bd to Is 6d, according to sample; cauliflowers (market heavily supplied*, 2s to 5s per dosen; cabbages. Is 6d to 2s 6d; carrots, Id per lb; beetroot, Id; parsnips, lis ewt.

FROZEN MEAT. SHIPMENTS FROM SOUTH AMERICA. The Now Zealand Meat Producers' Board has received a cable from its representative at Buenos Aires, South America, advising the following shipments to the United Kingdom for the fortnight ended April 15th, 1926 from Argentine and Uruguay:— 233,300 quarters chilled beef, 11.G71 quarters frozen beef, 114,700 carcases frozen mutton, 46,172 carcases frozen lamb. The quantity shipped to the Continent of Europe during the same period totalled: 3024 quarters chilled beef, 03,980 quarters frozen beef, 7500 carcases frozen mutton. SCHEDULE OF PRICES. The schedule of frozen meat price* for the week beginning to-day, »:- Woolly lambs—First quality to 361b, 9Jd; 37 to 421b BJd. 43 to 501b 7|d, over 601b 7id; second quality to 361b BJd, over 361b 7£d. Shorn lamba Id per lb less than above Pr We B thers—First quality to 561b 6id, 57-641b 3Jd, 65-T2lb 4Jd, over 721b 4d; eecond quality 4 *riwes—Under 481b 4d, 48-641b 3Jd, 65-721b 3d, over 721b 2Jd. TALLOW. Dalgetv and Company.. Limited, have received the following advice from their London office, dated April 21st:— Tallow—At the weekly auction, 1260 casks wero offered and 67 per cent. sold. Prices are on the average, ninepence per ewt. higher, except mutton tallow, for which prices aire unchanged. ' L , Messrs A. H Turnbull and Co. have received the following advice from their London principals, dated April 21st:At the tallow unctions to-day, 1300 casks were offered, and 810 casks «oW. Late rates were up to 9d more. Mutton tallow was unchanged. DAIRY PRODUCE. The Xew Zealand Loan and Mercantile Agency Co., Ltd., have received the following cabled advice from their London offir*, dated April 21st: Butter—New Zealand choicest is quoted at 173s to 1745; exceptionally choice 176«. The market is dull. Australian is quoted at 1725, 8«d Danish has declined to 176*. Cheese —Quotations are from PSs to 95s The market is dull.

hare to play. And if you will play that stroke, and do nothing else while you are playing it, you will find a new interest in the game. . The Temple Terraces ' Country Club course, • in Florida, where Archie Compston and Arnaud Massy ed Jim Barnes and Johnny Farrell 1 up in 40 holes, is over 6000 yards, with a par of 72, and is tlie club of which j Barnes, the British Open Champion, I is professional. But the course has another claim for distinction. . It. is possible to.follow the play by. motorcar from the first hole to tho last. There is. a track r'uuning alongside every fairway, and in the. match in which Compston and Massy took part, qftite a number of cars followed the match in this way. Getting out of the rough is a problem that causes a great deal of worry to the expert and duffer alike, and with winter conditions coming it will soon be a question />f. vital importance to all of us. If the rough happens to be tall, uncut grass, the duffer, nine times out of ten, will waste several strokes. He is usually half frightened and plays his shot in a.hurry and without due consideration and often strikes more trouble. The old Scotch idea was to get the ball out as safely as possible, ignoring the loss of a stroke in the operation,, as a .sacrifice' here mightmean the saving of a hole, in match play or several' strokes, in. medal play. The best plan is to make sure to hit the ball. • This.can only be done by taking, the dub back slowlV and delaying the-hit. until the club 7 head isal; most on the ball, and then bringing the dub-head 'through quickly and fully. In hitting the Hall the club-hgad should be brought directly down on the ball if possible; • , . . • RICHMOND HILL CLUB. The following is <h» draw for ,the medal match to bo played at Richmond Hill .tomorrow:—G. W. C. Smithson phxys G-. S. ; McKenzio,. .T. Sead-Gowing plays T. Merry, A. W. Smithson plays C, I, Denham, W. Kempthorne plays-C, J. Wilson, W. R. Jamieson play* F. J. Glaclcin, J. M. B. Crawford plays \Y. J. Sim, H. J. Williams plays. Fv H. Thompson, J. D. Lawrence, jun., playa J. A. Jamieson.. J. .E, Brodie plays G. Jobberns, J. C. Cullman plays N. K. Smyth, R. T. Hamilton plays L. M. Best, J. Wood plays R. Hutchiwon, F. E. Holdgate plays. 6ccrer. . , HAGLEY CLUB. The following''s the draw for a "Flag; Handicap" match to be ; played at Hagley' to-morrow: 13 noon—T. W. Lewie v." C.' F. Smith, A. : W. Reeves v. T. W. Reese, E. J. ■, Ross v. E.'W. Menlove, A. J. Wicks v. W- M. ■Tyers., ... 12120 p.m.—P. G. Greenwood v. H. Baverstock, O. H. ,B'urns ; V. J. O.' Amyes". W. McNamara v. Dr., Fenwiek, .R, A. .Bagshaw v., R. Abernethy. 12.40' p.m.—J. R:'Montgomery v.-'Fj Mariie, W. A. Maneell <y. B. A. Summers,..C. S. Penlington v. .J., Fitzgerald, J. H. Schroder v. T>. Appleby. 1 p.m.—D. E. W«d ;V« E. W.. Cuddon.'P. C. Harris v. L. Bias, F. S. Grant v. F:'W. Hobbs, F. C Malpaa v. C.: H. • White. .'•':'' 1.20 p.m.—H. E. Solomon v. .A. T. Donnelly, M. Foley v. L. S. Avers, H. Henderson v. J. B. Oondliffe. A. G. Gurnaey v: St. G. Atkineon. 1.40 p.m.—D. E., Hutton v. J. Fabian, F. 'P. Morriaort v. R. J. Candy, S. L. Part- , ridge v. C. N. Haslam, H. Edgar x. W. L. Partridge. 2 p.m.—H. D. Andrews, v.. G. ;D. Macfarlane, S. Steele v. R. A. Cuthbert, D. CWier. v.' P'. W. Hall; H. E. Purchase r. E. Delahunty, H. Francis v. A. . Pullen.' ■ • • ■ , GERALDINE.CLUB. Th» following players have been .chosen V. play against the Terauka CJub at Gerajdine to-morrow afternoon:'—D: Mac Donald, G. R. Sherralt, G. N. Feilden,/ C. J Kerr, P. G.-Withers. D. M. Paterson, J. W. McEwen, J! C. Sheldon; A. "A. Keaddie, A. J. Burrows; emergencies, <x. •W. • Curtis, L. Grieve. B. R. Macdonald. AMBBftLBY CLUB. The draw for to-morrow's medal match ■ at Amherley is" as follows;—W. Rhodes plays J. Mayo, Reed play* Stratton, Dr. Thompson plays Fulton, W. Parsons plays Johpston, Frew plays Browne, Grierson plays James, Oxley plays Briwen,' V. Rhodes playg Hopkins, Rev. Blakiston plays L. -Rhodes, B. Wood plays Page. BANGIORA CLUB. . The following is the draw for the Bogey Handicap Match to be played on the Bangiora • Club links to-morrow: —W. C. Eeetley plays Father.O'Doherty, H. K. Kippenberger plays G. March, T. Shahkland plays A. Purdie; Dr. I. Allen plays J. Palairet, O. Taylor plays J. R. Deal, .J. W., Stanton plays A. A. Reid, L. W. Menzies' plays R. Macdonald, T. B. Glasgow plays W. Mackenzie, Dr. King plays W. v E. Barton, R. J. Smith plays W. Smith, J. E. Strachan plays. li. Leech, O. J. Devlin plays H. Heney, L. W. Wilson plays R. J. Logan, L. W. Harley plays Rev. J. F. Feron. Any of the above-mentioned players who are unable to play are requested to notify the secretary as soon as possible. .

btive A' 8." rs. d. Sellers. £ a. d. j N.Z. CiOVT. DEBBXTUKESj 4$ per cent. Tnsaribed, 1 lPM and 1939 96 10 0 1 4J per cent. Bonds, 1930 96 15 1) _ 4j per cent. Bond*, 19.1S 96 10 0 .. 4J per cent. Bonds, 1933 96 7 6 5 per cent. Bonds, 19:27 98 0 0 _ SJ per cent. Inscril>ed, 1933 ' . .. 99 15 0 100 0, 0 1 5i per cent. Bonds, •1933 .. 99 15 0 COM PA NT DEBENTURE :s>X!Z. Breweries, Bonds 1 6 0 BANKS- ' Aust. Bank of Cointm. 1 12 t 1 12 8 Australasia 14 2 B f.'omm. of A'lit,. 1 10 7 1 10 li Comm. of Aust. (Sg rw|.) 11 9 n 0 10 b Conim. of Sjdney 25 15 0 26 10 0 E., S'., and A. (atrji div.) 7 1ft 0 7 18 3 National cf Australasia, (£10 paid) 18 0 0 18 4 0 .National of Austral*si.\ (£5 paid) 8 19 6 D 1 0 National of N.Z. 6 14 6 6 15 G New Zealand .. 3 0 5 3 0 6 Royal (£1 paid, cum div.) 1 15 3 1 16 3 Royal (£4 paid, cum div..) 6 18 0 — Union of Aust. 15 J 0 15 1 6 Victoria, (ord.) 8 3 0 8 7 6 Western Australian 2 16 6 .n c. KANCE— National 3 19 0 — New Zealand .. 1 18 6 1 18 9 South British 3 17 0 2 17 8 Standard 2 12 0 _ LOAN AND AGENCY— Qoldsbrough, Mort 2 8 i 2 8 6 SHI PPINGHoward, Smith 1 12 5 1 12 » Huddart-Parker 2 4 3 2 4 9 T. and 0. Deferred Stock ' .. 233 10 0 _ Union (pref.) 1 0 0 FROZEN MEATN.Z. Refri?. (£1 paid) n 17 0 0 17 9 N.Z. Refrig. (contr.) .. 0 8 1 0. 8 2 WOOLLENSKaiapoi (17a paid) 0 u 7 • — COAL— Taupiri 0 17 0 — Westport. 1 15 11 1 1G 3 Stockton (pref.) 0 2 6 0 3 0 GASChristrhurch .. 1 3 7 1 3 HTimaru 6 15 0 7 10 BREWKRIES- '" Crnwn 1 ft 9 _- Manning (cum div.) ... 2 0 0 2 1 6 New Zealand 2 17 0 3 19. 0 Staples .. ... 1 19 3 2 0 3 'Ward. " .. ' 2 0 0 3 2b ■ NTS— Wileon'a > ■ • .. : 114 6 1 15 b TIMBER— Bartholomew 1 2 0 „ Kauri 1 13 3 1 13 9 MISCELLANEOUS-B.A.W.R.-A. .. • 0 12 0 0 12 a , Beath and Co. 1 11 0 111 9 . Burns, Philp 1 17 9 1 18 b Dominion Rubber • 2 8 0 — Donaghy's Rope. and Twine — 1 14 3 Electro. Zinc (pref.) .. 1 IS 5 1 15 6 Electro. Zinc (ord.) 1 14 0 .1147 Mason, Struthera (£1 paid) - . i • • 1 1 6 12 3 Mason, SrutherB (10s paid) 0 10 4 0 11 0' N.Z. Drug Co.' 3 6 9 — N.Z. Farmer*' Co-op. . (1st pref.) ... — 3 2 fi N.Z. Guarantee Corpn. 0 9 8 0 10 Ti N.Z.'Sugar of Milk .'. Whitcoinoe and Tombs — 1 10 0 3 7 6 3 8 0 N.Z. Malay, . Rubber (ord.) - .. 2 5 0 2 10 0 Perdriau Rubber (new 5s paid) ..; . 0 10 6 0 11 3 MINING— Kawarau . , 0 6 9 0 6 11 Mt. Lyell .1 5 0 1 5 5