CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIV, Issue 19462, 8 November 1928, Page 12

CHRISTCHURCH STOCK EXCHANGE.

There wo* a good turnover of stocks on call yesterday morning and movements for the most part were in favour of holders.

* In the stock and bond section, a parcel of 5i per cent. 1941 stock changed hands at £99 sa, and there ware further buyers at that figure, no sellers offering. Buyers of .New Zealand Breweries stock and bonds moved up to Ms 4d, with sellers o: the former at 24s 7d.

In the banking section, Bank of Adelaide shares were marked ex dividend of 5s per share, £lO 2s 6d sellers, no buyers. Commercial • Bank of Sydney Bhares appeared weaker with sellers at £27 12s Cd, buyers at £27 7a 6d. National Bank of Australasia fully paid shares eased to business at £l9 5b 6d, market closing £l9 Ss buyers, £l9 7s sellers. Buyers of Bank of New South Wale 9 shares appeared at £sl 7s 6d, bui no sellers quoted. Three parcels of Bank of New Zealand Bhares changed hands st 61s 6d, and raoro were wanted at that wrice, sellers at 61s 7d. Union Bank shares were steady at £ls 7s 6d, market closing £ls 7s 6d buyers, no sellers. Amongst the miscellaneous stocks, buyers of South British Insurances shares moved up to 63s 9d, sellers at 64s Gd Dalgety and Company shares were firmer with turnover at £ls 7s 6d and there were further buyers at £ls Bs 6d, no sellers. National Mortgage buyers advanced their.bids to 89s 3d, seders responding at 925. New Zealand Refrigerating Co. partly paid shares had dealings at D 3 3d, closing quotations Id on either side. Two parcels cf New Zealand Breweries shares were released at 555, and there were further' buyers at that figure, sellers at 55s 3d. Staoles Brewery shares hardened' to business at 40s 3d, buyers staying in at that price, no sellers offering. Buyers of British Tobacco Co; shares n.oved up a couple of points *to 44s sd, but sellers wanted 44s lid. Electrolytic Zinc preference shares hardened to 85s 2d buyers, Sss 9d sellers. New Zealand Farmers' Fertiliser shares were stronger with buyers at 17s lOd, sellers at 18s 9d. Six parcels cf Mahakipawa Goldfietds shares changed hands at Is 4d, and more were wanted at that figure, Bellers at Is sd. YESTERDAY'S TRANSACTIONS. Sales on 'Change—N.Z. Govt. 5J per cent. Inscribed, 1941, £99 ss; National Bank of Australasia (£lO paid, cum div.), £l9 6s 6d; Bank of New Zealand, 61s 6d (3 parcels); Union Bank of Aust., £ls 7s Cd; New Zea-. land Breweries, 55s (2 parcels); Stapleß Brewery, 40s 3d; Mahakipawa, Is 4d (G parcels). Sales Beported—Dalgety and Co., £ls 7s 6d; N.Z. Eefrig (10s paid), 9s 3d (2 parcels). LATEST QUOTATIONS. Buyers. Sellers. £ e. d. £ s. d.

OTHER EXCHANGES. \ (PSBS9 ASSOCIATION TBLKOBAMS.) AUCKLAND, November 7. Sales—Australian Bank'of Commerce, 03s 8d (two); Bank of New Sooth Wales, SSI 15a; Bank Zealand, 61s 6d; Union Bank, £ls 7s; South British Insurance, 53s 9d; Auckland Gas, 28s, 23s Id; Northern Steamship, 13s lOd; New Zealand Breweries, 555, 55s 8d; British Tobacco, 445; Lucky Shot (4s paid), 9d; Ohinemuri, 7s 2d (two); Waihi, 13s 6d, 13s 6d (three). WELLINGTON, November 7. Sales reported i- I —Bank of New Zealand 61s 6d, Bank of New.Zealand D Shares 28s 3d, South British Insurance 645, Wilson's Cement' 40s 8(1. DUNEDIN, November 7. Sales Reported—Bank of Now Zealand, 61s 6d;, Dominion Rubber, 295;-New Zealajid Refrigerating (con.), 9s 3d; Nations! Mortgage: 88s 6d.

BIAHAKIPAWA GOLDFIELDS, LIMITED. Under date November sth, the mine manager reports as follows: Main South Drive—This face was advanced 22 feet and is how 49 feet south of the .starting point, or 33 feet south, of station 7; at 25 feet south of station 7 a deep „crevico running east and-.wes't was met with, ''it'37 feet the floor began to rise. At the face, it is the • sidling which crosses the drive"-on a bearing of 225 degrees; the drive had to-be turned to the west to keep it in wash. ; ,, South-east Cut—This crosscut was extended. Sfcfoet, and is now 89 feet south-east of its starting points here again the sidling was rnr- Jntp. When the two points are joined up on the plan, it shows the riverbed to lie east and west. The influence of the slip (on the «ast- side of the Valley) is now realised: _ A» the river ran duo east at this point, it is not possible yet to judge bow far the main drive will have.to go west before being turned, bact on its normal course. From the position of Jl\o. i bore the wesf sidling is not very far ahead of' the maui_ drive face, unless the .river has* l-.gen pushed further than 'expected. The gutter east and "west of the shaft was about 120 feet wide, its present width only onetliird of the distance, and the grades have been steeper than usual Two.hundred and .thirty trucks of waßb were hoisted and put through the boxes; large bonlders were prominent-,; the general character of the wash suggested that very strong currents ran when it was deposited.

N.Z: GOVT. DEBENTURES— 4J :per cent. Inscribed, 1938 99 5 0 09 10 0 4J per cent.' Bonds, 1936 99 5 0 — 5J per cent. Inscribed, 1941 99 5 0 — BJ. per Cent. Bonde, 1933 101 2 G — E£ per cent. Inscribed, 101 0 0 101 7 6 Si por cent. Bonda, 1936 .. . ; . .. 101 2 6 • 5i per- cent. Inscribed, 1933 '-:. — .. 99 5 0 OTHER DEBENTURES- -*. N'.Z... • Breweries, Inacr: 1 4 4 14 7 N.Z.. Breweries, • Bonds 1 4 "4 -■ — BANK8Adelaide (ez div.) 10 2 ~G Aust. of Commerce .." '■ ■ — 1 13 7 Australasia .. 14 12 0 14 16 0 Coram, of Aust. 110 2 1 10 4 Comra. of Sydney., .. 27 7 6 27 12 6 E., S., and A. 8 16 9 8 17 3 National of' Australasia (£10 paid, cum div.) 19 5 0 19 .7 0 National of Australasia (£5. paid,- cuia div.) National of N.Z. . 9 13 6 7 0 0 7 a.-. 0 New South.Wales (cum , " div.\ ■ .•'..... ■".'■.:■ 51 7 6 ._ New Zealand .. 3 16 3,1 7 Union of Aust. 15 7 6 :. INSURANCE- ,. National .. ,■■... 0 16 10 0 17 0 New Zealand . .. 2 6 0 South British 3 3 9 3 4 6 Standard 3 5 6 IiOAN AND AGENCY— Dalgety .and Co. (cum . div.) . - ;• 15 6 6 -*■: , • Obldsbroush, Mort ..,-. National -.. 2 11, 6 2.11 9 "4 9 3 4 12 0 . United i'Building - .. -0 14 11. 0 >15 8 SHIPPING— . Huddart-Paricer' (ord.) — 2 6 3 Howard Smith 14 8 1 4 9 Union (pref.) ■ — 110 FROZEN MEAT- • Canterbury 9 2 6. N.Z. Refrigv (£1 paidl 0 16 10 0 19 0 N.Z. Rofrig. (10a paid) 0 9 2 0 9 4 WOOLLENSEaiapoj (17s paid)' ... 0 13 6 0 14 6 Kaiapbi (7a paid) ... 0. 4. 5. 0 4 6 Kaiapoi (pref.) 0.14 9 0 15 4 ' CDAI/- ' .. Westport ..... i 10 8 1 11 0 Stockton (pref.) —. 0 4 6 GASAshburton (cum div.) 6 12 6 6 0 0 Auckland 12 9 — Christchurch .. 15 3 Christchurch (10s \paid) 0 12 6 — Timaru ... 18 0 — BREWERIES— Carlton .. .. 2 8 0 2 9 8 Monteith's ..' .. 1 0 0 12 8 New .Zealand .. .. 2 15. 0 2 15 8 Staples .. .. 2 0 «8 , ' ' Timaru ..... 0-14 10 _'' Tooheys • .. ••;.'•■ 1 11 6 —, Tooths 2 8 7 a 811 MISCELLANEOUSBritish Tobacco .. 9 4 5 2 4 11 D.I.C. (10s paid) 1 0 0 lfel 0 Electro. Zino (ord.) .. 1 13 10 1 14 4 Electro. Zino (pref.) .. 1 IS 2 1 15 9 N.Z. Drug Co. .. 3 9 9 — ' N.Z. Fanners' Co-op. _ ("A" pref.) 3 18-8 _ N.Z. Fanners' Co-op. ("B" pref.)* .. 1 10 0 810 0 N.Z. Farmers' Co-op. (6i per cent. Stock, 1939) ... — J*. 0 0 ■ N.Z. Farmers' Fertiliser 017 10 0 18 9 N.Z. Guarantee Corpn. (pref.) ....- .. 1 0 3 — Quill Morris 0 18 6 0 19 2 Victoria Nyansa 2 4 0 2 5 0 Wnitcombe and Tombs . East African Coffee (10s. 3 18 9 - paid) i. 0 15 6 Australian Iron. and Steel (pref., ex div;) — 1 1 0 MININGMahakipaw* .. 0 14 0 15 Waihk. P.1S 1 0 13 8