CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIV, Issue 19251, 5 March 1928, Page 10

CHRISTCHURCH STOCK EXCHANGE.

The volume of business recorded on the Stock Exchange on Saturday was not large, but markets were firm with movements for the most part in favour of holders. lc the stock and bond section, no sales were recorded and quotations showed little change on Friday's prices. In~the banking section, a parcel of Bank o: Adelaide sold at £9 sa, buyers staying in at that price, sellers asking £) 5a 6d. Commercial Bank of Australia had turnover of 800 shares at 27s lOd, market closing buvers 27a lOd, sellers 27$ lid. Australian Bank of Commerce were fractionally weaker on sellers' quotes 33s lOd, buyers at o3s <d. Other stocks in this section held at late iatos. In the miscellaneous investment section, New Zealand Insurance shares were bought at 41b, and more were available at that lisure, buyers at 40s 9d. Staples Brewery shares changed hands at 37s 4d, and J uore were on offer at that price, buyers at 37s 3d Tooths Brewery advanced to dealings at 47s with further demand at that price, pollers asking 47s 6d. £o& was given for a parcel of Colonial Sugars. Mt. L)<?Us eased to business at 30s, and the market closed with sellers at 30a, buyers at 10d. SATURDAY'S TRANSACTIONS. Sales on 'Change—Bank of Adelaide, £9 ss; Staples Brewer}*, 37s 4d; Tooths Brewery, 47a (2 parcels); Colonial Sugar, £SB; Mt. Lyell, 30s. Sales Reported—Commercial Bank of Austialia, 27s lOd (2 parcels); New Zealand Insurance, 41s. LATEST QUOTATIONS.

OTHER EXCHANGES. (press association telegrams.) AUCKLAND, March 4. The following sales took place: —Union Bank of Australia, £l4 143; South British Insurance, 583 3d; Farmers' Co-operative Auctioneering (B pref.), lis 9d; New Waiotahi (con.), 7d. DUNEDIX, March 4. Sale reported:—Wellington Woollen (ord.), £6 2s 6d. NEW COMPANIES. The Mercantile Gazette records the registration of. the following new companies:— New Zealand Merchandise and Agency Co., Ltd. Registered as a private company, February 22nd-23rd. Office: Woolston House, Latimer square, Christchurch. Capital: £ISOO into 1500 shares of £1 each. Subscribers: J. Hutchins 1499, A. R. J. Hutchins 1. Objects: To carry on business as 'flour millers in all branches, incidental. Caledonian Publishing Co., Ltd. Registered as a private company, February 18th, 1928. Office: National Bank Chambers, Featherston street, Wellington. Capital: £IOOO, into 1000 shares of £1 each. Subscribers —Johnsonville: R. Hogg 900, J. R. Hogg 50. Wanganui: J. Hutchison 50. Objects: To publish and carry on the business of a newspaper in New Zealand under the name of "The New Zealand Scotsman." to carry on business of printers, and general incidental. SALE OF PROPERTIES. .Tones, McCrostie Co., Ltd., report having sold by public auction, on account of the mortgagees, the property situate in Isleworth street, Papanui, comprising residence of six rooms, together with four acres two roods 39 perches of land, at the price of £1400; also, following on the auction, the property situato No. 114, North Parade, Shirley, comprising residence of five rooms, together with three-quarters of an acre of land, to a client, at a price of £1625; also, twostorey bungalow of six rooms, together with 34 perches of land, situate in Bradnor street, Fendalton, at the price of £1650. to a client.

Buyers. Selle rs. £ s. d. £ s. d. N.Z. GOVT. DEBENTURES— per cent. Inscribed, 1338 .. .. 97 7 6 — ik per cent. Inscribed, 1939 .. 97 7 6 — *2 per cent. Bonds, 1930 .. .. OS 0 O 4i per cent. Bonds, 1938. .. .. 97 10 0 98 0 0 5A per cent. Inscribed, 1933 .. .. 100 30 0 300 15 0 5j per cent. Bonds, e 1933 .. .. 100 7 — 5J per cent. Inscribed, 1936 .. .. 100 10 0 — 5J per cent. Bonds, 1936 .. .. 100 15 0 — COMPANY DEBENTURES—

N.Z. Breweries, Bonds — 1 3 6 BANKS0 9 5 6 Adelaide 0 5 Aust. of Commerce .. 1 13 7 1 13 10 Australasia (cum div.) 13 1 6 15 5 0 Comm. of Aust. 1 7 10 1 7 11 Comm. of Aust. (pref.) 6 39 0 7 1 0 Comm. o£ Sydney . .. — 26 5 0 E., S., and A. 8 1 0 8 2 0 National of Australasia. 8 19 (£5 paid) .. 8 IS 3 0 National of N.Z. 6 18 0 6 19 0 New South Wales 47 2 6 47 6 0 New Zealand .. 2 39 1 2 19 3 Union of Aust. — 14 M 0 Union, of Aust. (new) — 14 15 6 INSURANCE— Mercantile Mutual 1 5 9 1 6 9 National 0 15 6 0 15 10 New Zealand .. 2 0 9 2 1 0 South British 2 17 10 2 18 3 LOAN AND AGENCY— 13 15 Balgety and Co. 13 14 0 6 Dalgety and Co. (Mel13 16 bourne Register) .. 13 14 G 0 Ooldsbrough, Mort 2 9 3 2 9 7 National Mortgage — 3 119 N.Z. Loan and Mercantile (old. stock) 97 0 0 — Permanent Investment 10 3 6 — SHIPPING— Howard, Smith 1 8 *9 1 9 3 Huddart-Parker (cum div.) 2 9 1 2 9 3 P. and 0. Deferred Stook 235 10 0 244 0 0 Union (pref.) FROZEN MEAT1 0 1 1 0 2 ' Canterbury 8 15 0 — Canterbury (pref.) 4 18 6' 5 1 0 N.Z. Refrig. (£1 paid) 0 14 U 0 15 3 N.Z. Refrig. (10s paid) 0 7 3 0 7 G WOOLLENS— Kaiaipoi (17s paid) 0 8 i 0 9 0 COALStockton (ord.) 0 1 1 0 1 4 Stockton (pref.) 0 2 10 0 3 3 GASChristchurch .. 1 3 6 1 3 9 Christchurch (73 6d paid) 0 3 6 0 8 9 Timaru 1 1 9 — BREWERIES— Cartlon 2 0 0 2 8 0 Swan 3 14 0 3 19 0 Montcitli's 0 18 0 0 19 0 New Zealand .. 2 2 0 2 2 9 Staples 1 17 3 1 17 4 AVard 1 16 3 1 18 r> Tooths 2 7 0 2 7 6 CEMENTSWilson's 1 17 6 1 18 3 MISCELLANEOUS— Auckland Amusement Park 0 9 G 0 12 6 Allied Motors — 0 12 6 Beath and Co. 1 13 0 1 14 0 British Tobacco 1 19 8 1 19 11 Electro. Zinc (pref. ex • div.) 1 11 7 1 11 10 Humo Pipe (Aust), cum div. .. 0 15 3 — N.Z. Drug. Co. 3 7 6 3 8 6 N.Z. Sugar of Milk .. — 0 19 6 Sanford, Ltd. — 0 19 9 Taranaki Oil 0 9 9 0 10 6 Victoria Nyanza Sugar 2 10 9 2 13 0 Whitcombe and Tombs 3 10 9 3 11 9 Hayward's Pictures 0 18 G 1 0 0 Greater Crystal Palace 0 18 0 — MINING— Mt. Lyell 1 9 10 1 10 0 Waihi 0 10 0 0 11 0 "Waihi Grand Junction 0 0 11 —