CHRISTCHURCH STOCK EXCHANGE.

Press, Volume XLIV, Issue 19387, 13 August 1928, Page 12

CHRISTCHURCH STOCK EXCHANGE.

•In the stock' «nd bond section on Satur- ' day buyers of the .51 per cent. 1933 Bonds, and the 5J per cent. 1936 Stock and Bonds, moved up to £lOl 2s 6d, without attracting sellers. Five Bnd a hall per cent. 1933 Stock was offered at £99 ss, no buyers Quoting. Other issues held at late rotes. .In the banking section,- Bank of Adelaide appeared.firmer on, buyers' offers, £9 14s, but sellers wanted £9 15s, National Bank ' of Australasia fully paid shares hardened to £lß' 15s buyers, £lB 16s 6d sellers. The partly-paids were steady, with business at £9 6s, and further buyers at that price, no sellers quoting.' Bank of, Australasia'shares were offered at £ls, buyers at £l4 19s. , _ In the miscellaneous - investment section, National Insurance were fractionally firmer, with; buyers: at 16s Id, no sellers offering. Canterbury .Frozen Meats were marked , exdividend of 6s per share, buyers at £8 13s, sell-ers-.at.JE9. For If.Z. Refrigerating partly-paid buyers moved up a point to 8s lid, but sellers want'9B.'" For a parcel of New Zealand Breweries shares, 48s 3d was given, the market closing at 48s Id buyers, 48s 6d sellers. On busiuessat 46s lOd, Tooth's Brewery shares show a rise of Is, 4d, on two -days ago, and morj are wanted at ■ 46s lOd, sellers asking 47s'Gd. Ward's Brewery's are stronger, with buyers -at 41s 9d, sellers at 42s 6d. Automatic totalisators entered the' selling list at' 31s, buyers responding at 29s 6d. Mahakipawa Goldfields shares were easier, with dealings at 3s Id and 3s, sellers staying in .at the lower figure, buyers at 2s 9d. A parcel of H'olden's motor shares sold at 31s 6d.

SATURDAY'S TRANSACTIONS. Sales on 'Change—National Bank .of Australasia (£5 paid), £9 6s; New Zealand Breweries, 4Ss. 3d; Tooths Brewery, 46s lOd; Maliakipawa, 3e Id, 3s (two parcels). .Sales' reported—H-olden'a Motors, 31s Gd. LATEST QUOTATIONS.

OTHER' EXCHANGES.

(PEESB ' ASSOCIATION TMIBGBAHB.) AUCKLAND, August 12. . Share 'market sales:—lnscribed Stock, -1936 Sfcjper cent., £lOl 2s 6d )■»Kempthorne, Prosser s, 70s LIiINQ . TO jj, August 12. . Sale reported,"sJ per cent. Inscribed Stock :(1 ? 36). .£lOl 2s 6d j )DNEI)INt Auugst 12. Sales reported:—Commercial Bank, 80s 2d; N.Z. Breweries* (debentures 24s v

PULVERISED COAL.

A CANADIAN EXPERIMENT.

.I An interesting experiment m. regard to the use of pulverised coal for fuel in steamers is being undertaken by the Dominion Shipping. Company, a Canadian- firm. The steamer Lingan, of 800 tons,-which has been .engaged in the coal trade between Sydney (Nova Scotia)/and Montreal, is equipped with pulverised fuel-burning apparatus at the. Halifax shipyards, and in shipping circles the undertaking is considered to be of great importance. - The fitting of the steamer with pulverisers, distributors, and burners to utilise powdered coal is reported to be the first- installation of the- kind by a private shipping firm 'in the "Empire. It is not unlikely that a similar experiment will be made with an Australian coastal steamer m the near future.

LONDON JURKETS. • (Received August 12th, S.S p'.m.) . LONDON, August 11. [ ■ Cotton—September 9.94 d per lb. [ Rubber—Para ll|d 'per lb, plantation i smoked, 4|d..- \ Jute—August-September £35 12s 6d per ton.' . . !, Hemp—July-September £3O per ton. ,\ Copra—August-September £25 per ton. : -Linseed Oil—£2B 15s per ton. ■ 'Turpentine—42s 6d per cwt. —Australian Pries Afcsofciation.

\ HIDES. - ;• • deceived August 12th, 5.5 p.m.) ■ i . v- ; ••• LONDON, August 11. Hides—Meatworks, dry salted, Queensland 34 to 351b 30 to 401b 15id, 25 to 351b iSld, 20 to SOlb 15id. New South Wales—Same weights, 15Jd, lßld. 15id, end 16a. 1 Wet salted. Queensland , n dl-New South Wales. 50 to 6016' ltd, 40.t0 501b H}d. - Abattoirs, Victorian; to 501b lid. —Australfcijp. Press Association, i

Buyers.Sellers. £ 9. d. £ s. d. ■N.Z. GOVT. DEBENTURES— 'i ii per cent. Inscribed, . I. 1938 99 0 0. 99 10 0 4$ ,per, cont. Inscribed, 'l939' ' ... : ... 98 17 6 ' i J" per' ceat. Bonds, 1930 98 10' 0 99 0 0 4 J -per cent. Bonds, 1938 and 1939 ... 99 0 0 — 5£ per cent. Inscribed, 0' 1933 101: 0 '— 5J per ' cent. Bonds, • .1933 . 101 2. 6 ' — 5J per cent. : Inscribed,^ 1936,. and Bonds, 1936 ;.. 101 2 6 — 5i per cent. Inscribed,' . . .. . 1938 ' — £K) ..5 0 6 per cent. Inscribed, 1931. - \. • ... 101' 15 0 103 0 0 OTHEK DEBENTUKES- ■' N.Z.: Breweries, : Bonds 13 10 — MNHSK .... ..Adelaide ... ' 9 14 0 9 15 0 Aust.• of Commerce 1 13 '7 .1 13 10 Australasia : ... 1419' 0 15 0 0 Comm. -of. Aust. ' . . 1 io^ 1-. . 1 10 4 * .Goiiifa.ioi Auet.,(npw, 5s 8 .paid) —r 0 19 Comm. of Sydney 26 2 c 26 7 6 E., 'S'.",' and A. • — 8 10 6 Natiopal of' Australasia (£10 paid) , . .. , 18 15 .0 18 15 6 National of . Australasia. (£$r paifl). .. . .. ? C 0 — New SoUth- Wales (cum ,div.) '"i.: ' 50 2 6 ' — 'National .'. 7 i (V 7 4 6 New Zealand .. "... ,3 0 3 • ■— New Zealand ('^"-Mortgage shares) i 7 -2 ■— 6 - 'Union of . Aiist. <■ 15 0 ■JO. 15 1 r- . , National . 1 .. . 0 16 1 . — . "Queensland ; .V .i S 3 6 .— 'Standard (cum div.) .. -7--3 7 0 LOAN AND AGENCY-14-19 6 Dalgety and Co. 14 17 6 • Goldsbrougt, Mort 2 10 4 2 10 ,7. •National Mortgage ... 3 19 G 4 2 0 ... United • Building Society .0 14 6 "• — smppiNG- .. ' .. 1 8 ; Howard' Smith . ■;;; 0 JEuddart-Paiker. ; v ..' 0 2 10 0 Huddart-Parker (pref-) 1.0 9 P, and : Q. Deferred 234 0 ■ i . Stock ., ' 0 Uni6n(prcf.) ' ;1 0 4 FROZEN- - J ,9 0 Canterbury- (exJifflv.)... 8 13 V "0 . N.Z. Refrig.-(£1 'paid) 0 18 6 ,■ — : N(Z.. ]Refiigl:(l<)s pfiid) .0 8 11 0 9 0 . WOOLLENS— . 0 11 6, .0 13 .. Kaiapoi' ;... 1 ' 'Kaiipbi.' (7s"paid)" .;. ' 0 .9 !<• . Ttaiapoi (pref.) 0 14 10 017 6 COAL- ; "Westport-Stbckton (<?rd.) ; 0 ,3 6 0 8 9 ' J Westport-St9citoH(pref.) 0 4 ,1 .0 .5 0 ■OAS- . ■- . v.. , . '■ 1 "41 ... 1 — ■ 'CHriitchurch (10s paid) .0 12 0 BREWERIES— / 2.6 2 8 1/1 i'(Jarlfe>U # '. /J. ,'Monteitn'g v 6 6 6 .. New Zealand;., T •• 2 8 2 8 6 , Staples •• 7 *.'• .-.v" •Tooths 1 1 16, 1 2 6 10 3 7 3 .5 ."Ward •'»» 3 1 9 1 3 2 6 Swan • 3 18 0 3 19. 6 CEMENTS-r .' * ■ , 1 18 9 Wilson's' (N.Z.) Portland ' 1 17 9 MISCELLANEOUS—'. 1 11 1 Automatic ' Totalisators 19 6 0 British'ITobacco ' • .... ' 2 '2 9 2 2 11 Colonial Sugar - ... 59 0 0 60 5 0 • Dominion Rubber ■ — 1 10 0 v f Dunlop . Rubber . , 1:4 3 1 4 11 Electro. Zinc (ord., cum ,1.12 6 •> div.) '; ' V , * — Electro. Zinc (pref., cum 1.13 61 14 0 div.) ••: ••• ' Greater .Crystal Palace 0 19 6 • ! N.Z. Drug' Co.. -. : 3 10' 6 3 11' e N.Z. ■ Farmers' Co-op. (1st pref.) .. 3 13 0" — N.Z. • Co-op. 1 , 14 0 ("A" prefj • •• ~ 1. N.Z. - Farmers'. Co-op. (61 per cent. Stock, 1930) .. „ •• 84 0 0 N.Z. Fanners' ;• Co-op. (6* per cent. . Stock, 83 10 1935) . ... 0 — N.Z. Guarantee Corpn. i ; 0 8 9 0 8 11 N.Z. Sugar, of Milk — 1 1 0 Perdriau Rubber •• 114 0 . • Victoria :Ny»nza .. 2 4 6 0 W. R. Cooke and Son '■ 1 0 rMahakipawa .. 0 2 9 0 3 0