CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIV, Issue 19463, 9 November 1928, Page 15

CHRISTCHURCH STOCK EXCHANGE.

Markets were lively on c*ll yesterday morning. There waß a good turnover <* stocks and business was well spread. In the stock and bond section, P® 1 cent. 1983 stock Advanced to business at £99 10a, with further buyers of the stock and bonds at £39 7s 6d, no holders offering; 24s 8d was given tor a parcel of i\ew Zealand Brewenea Bonds, market closing 24s 6d buyart, SMs 8d sellers. In the banking section, .National Bank of Australasia states were steady with turnover at £l9 5s 6d, with further buyers at £l9 ss, sellers at £l9 6s Gd— unsupported sellers of the partly paid shaies offered at £9 13s 6d. Bank of New South Wales shares wore stronger on buyers' bids £sl 10s, sellers at £sl 15s. Bank of New Zealand Mortgage shares had demand at 26s 4d, no sellers offering. Union Bank shares remained at £ls 7s 6d, and more were offered a; £ls Bs, no buyers quoting. Amongst the miscellaneous Goldsbrough Morte were firm with business at 51s 6d, buyers staying in at that price, sellers asking 51s Bd. Dalgety and Company buyers appeared at Wednesday's business figure £ls 7a 6d, sellers at £ls 10s. Canterbury Frozen Meat buyers advanced their offers to' £9 6s, without attracting sellers. Kaiapoi Woollens ordinary fully paid shares hardened to 14s, and mora wore available at that figure, buyers at 13s 7d. New Zealand Breweries shares had dealings lit 56s 4d and 55s 6d, market closing &5® 6d buyers, 55s 9d sellers. Two parcels ofTooths Brewery shares changed hands at 4Ss 9d, closing quotations 43s 8d buyers, 4Ss lid Sellers. Buyers of Beath and Oo shares moved up to 86s 6d, but no sellers quoted. Victoria Nyanza Sugar shares appeared stronger with buyers at 44s 6d, sellers at 45s Bd. Mahakipawa Goldfields shares were steady with dealings at Is 4d, and mora' wero wanted at that figure, sellers at Is Sd.

YESTERDAY'S TRANSACTIONS.

Sales on 'Change—N.Z. Govt. 4J per cent. Inscribed 1938, £99 10a; N.Z. Breweries Bonds, 24s 8d; National Bank of Australasia (£lO paid, oua div.), £l9 Ss 6d; Union Bank of Aust., £ls 7s Gd; Gotdsbrough Mort. 61s 6d; Kaiapoi Woollen (17s paid), 14#; New Zealand Breweries, 65s 4d, 55s 6d; Tooths Brewery, 48s Od (2 parcels); Mahakipawa, Is 4d IS parcels).

OTHER EXCHANGES.

(press association tzlzo&uis.)

DUNEDIN, November 8. Bales reported—Commercial Bank, 30s 8d; Union Bank, £ls 7a 6d; N?w Zealand Breweries, 65s 6d; Dalgety and Co., £ls 7s; New Zealand Refrigerating (paid), 19s; Ka * tional Elecirio, lis 6d. AUCKLAND, November 8. Sales—War Loan, 1939, 4J per cent., £99 10s (two sales); Inscribed Stock, 1986, 51 per cent., £lOl Be; Bank of New Zealand, 61s 6d; Bank of New Zealand (preference, 20s paid}, 28s 9d; Union-Bf"k of A"s*rn'-a. £ls 7« (two sa'es); New Zealand Insurance, 475; South British Insurance, 63a 9d (two sales); Auckland Gas, 23s Id; Devonport •Steam Perry, 24s 6d; Fullers' Pictures. 20s 9d; Wilson's Portland Cement. 41s; Ohinemuri,' 7s 3d, 7b 2d: Waihi. 18s 7d. WELLINGTON. November 8. Sales reported—Bank of New Zealand, 61s 6d; Union Bank, £ls 7s 6d; Waihi, 13s 7d and 13s 9d. TALLOW. Dalgety and Company, Ltd., have rsoeived the following cablegram from their London office,' dated November 7th, 1928: — Tallow—At the weekly auction 755 casks were offered and 40 per cent. sold. Prices are sixpence lower -on late rates. Owing to scarcity of supplies, there will be no public sales of tallow next week. The Bank of New Zealand has received the following advice from its London offlee, under date 7th inst:— . Tallow—The demand is rather quiet. Current quotations: Good mutton, 44s 6d to 45s per cwt; good beef, 43s 6d to 44s per cwt; good mixed, 43s to 43s 6d per cwt; gut, 38s to 40s 6d per cwt. HIDES. (Beceived November Bth, 11.20 p.m.) MELBOURNE. November 8. f Hides— I The market is irregular. All grades except picked and heavies have aeI clined by |d to }d. —Australian Press Association.

LATEST QUOTATIONS. Buyers. Sellers. £ e. d. £ s. d. N.Z. GOVT. DEBENTURES44 per Cent. Inscribed, 1933 and 1939 and Bonds, 1938 99 7 6 — 4J per cent. Bonds, 1930 99 0 0 — 4J per cent. Bonds, 1911 99 0 0 6± per cent. Inscribed, 1941 99 a 6 99 7 6 61 p«r cent. Inscribed, 1933 101 6 0 — 5£ per cent. Bonds, 1933 101 6 0 — 6J per cent. Inscribed, 101 6 1936 — 0 5} per cent. Bonds, 0 1936 101 6 — OTHER DEBENTURESTolaga Bay, 6 per 103 10 cent , 1944 — 0 ChristchufcJi Trams, 6 106 0 per cent., 1934 ■.. . — 0 N.Z. Breweries, Insor. 1 4 4 — N:Z. Breweries, Bonds 1 4 6 1 4 9 BANKS1 18 6 Aust. of Commerce .. 1 13 S Australasia 14 VI 6 14 16 0 Comm of Aust. 1 10 2 1 10 4 Comm. of Aust. (pref.) 7 S 6 — Co mm of Sydney — 27 15 0 E., S., nd A. .. 8 16 9 8 17 8 National of Australasia (£10 paid, cum dtv.) 19 6 0 19 6 6 National of Australia 6 (£5 paid, cum div.) — 9 13 National of N.Z. — 7 2 0 New South Wales (cum ' 51 15 div.) 51 10 0 0 New Zealand 3 1 4 8 1 6 New Zealand ("D" - Mortgage Shares) .. 1 8 4 — Queensland National (cum div.) 9 2 6 —* Union of Aust. — 15 8 0 INSURANCE— 0 17 National (cum div.) .. 0 16 9 0 New Zealand .. 2 6 0 2 7 0 standard — 3 5 6 United 11 0 0 11 12 6 LOAN AND AGENCY— XJftlgety and Co. (cum. 15 7 6 15 10 div.) 0 Goldsbrough, Mort 2 11 6 2 11 9 National Mortgage 4 9 0 4 10 0 United Building Society 0 14 10 0 15 3 SHIPPING— Devonpoi't Ferry — e 1 4 6 Howard Smith 1 4 1 4 9 8 Huddart-Parker 2 8 Union (pref.) — 1 0 0 FROZEN MEAT9 6 Canterbury (ord.) 0 — N.Z. Refrig. (£1 paid) 0 18 11 0 19 0 N.Z. Kefrig. (10s paid) 0 9 2 0 9 ,4 WOOLLENS0 13 0 14 Kaiapoi (17s paid) .. t 0 Kaiapoi (pref.) 0 14 6 0 14 Kaiapoi (7s paid) 0 4 4 0 4 6 OOAL— Westpori (oum div.) .. .1 10 3 o a Westport (ord.) — 4 WeBtport (pref.) .. — 0 4 6 GAS1 8 Auckland 1 2 10 8 Chriatchurch .. .. 1 5 8 —■ 9 Chriatchurch (10s paid) 0 12 6 0 12 Timaru 1 2 0 BREWERIES— 2 e 9 9 Carlton . .. ; 1 0 Monteitb'g ... .. 1 0 0 1 2 6 New Zealand .. •• a 16 5 2 15 9 Staples 2 0 0 ' — Timaru 0 14 10 — Tooheys 1 11 10 1 12 10 Tooths a 6 8 2 8 11 Ward 2 2 0 — Swan .. •• 4 2 "0 — MISCELLANEOUS— Beath and Co. 1 16 6 British Tobacco 2 4 3 — Eleotro. Zinc (ord.) .. 1 18 10 114 5 Eleotro. Zino (pref.) .. 1 15 1 116 9 Glenmore Brick and Tile 1 8 6 — N.Z. Drug Co. 8 9 6 — N.Z. Farmers' Co-op. ("A" pref.) .. N.Z. Farmers' Co-op. — 4 0 0 2 11 8 ("B" pref.) N.Z. Farmers' Coop. 1 10 0 (6} per cent. Stock, 95 0 0 1940) 93 0 0 N.Z. Farmers' Co-op. (6J per cent. Stock, 1946) 92 0 0 94 10 0 N.Z. Farmers' Fertiliser 0 17 9 0 18 9 Quill Morris 0 18 3 0 19 2 Victoria Nyanza Sugar 2 4 6 2 5 8 Mt. Lyell — 1 16 9 MINING— ' Mahakipawa 0 1 4 0 1 5