CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXV, Issue 19622, 18 May 1929, Page 14

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. S»lm on 'Change—Bank of Adelaide, £lO 3a 6d, AO So; Comm. Bank o! Anat., 30a Id (2 parcels); National of Australasia (£5 paid), £9 17s (2 parcels); United Building Society, 16s; Christchurch Gas, 27b (2 par oels); Christchurch C -.s (10s paid), 13* » New Zealand Breweries, 64s 6d (2 parcels), 64s Bd, 64s 9d (2 i jreels). 655; British Tobacco, 50s 3d, 50e 2d (2 parcels), 50s Id (5 parcels), 50s 6d, 50a 7d, 50s Bd. Sales Reported—United Building Society, 16s; New Zealand Breweries, Gss 3d (2 parcels); British Tobaoco, 50s, 50s 6d (2 parcels); N.Z. Drag Co.. 76s 3d; N.Z. Farmers' Co-op. (6$ per cent. Stock, 1989), £9O; Bank of Australasia, fit 13® 2<.Z. Breweries, 655. LATEST QUOTATIONS. Av. market price for This Week. Last Week. J 1 ** Buyers. Sellers. Buyers Sellerc. last year. £ad.£ s. d. £a.d.£ s. d. £"• d. N.Z. Government Debentures—--4J per cent, inscribed, 1935 .. 99 17 6 100 0 0 99 13 0 100 0 0 97 10 0 4.J per cent. Inscribed, 1939 .. per cent. Bonds, 1938 .. 99 15 0 110 2 8 4J per cent. Bonds, 1939 .. 99 15 0 per cent. Inscribed, 1932 .. 99 10 0 per cent. Inscribed, 1933 99 10 0 oi per cent. Inscribed, 1933 .. 101 0 0 101 10 0 5| per cent. Bonds, 1933 -.101 0 0 101 30 0 101 O 0 101 10 0 s!i per c»'it. Inscribed, 1936 .. 101 0 0 101 10 0 per cent. Bond 3, 1966 .. 101 5 0 Other Debentures — Borough of Invercargil!, 5 per cent., 1936 .. .. 97 5 0 96 7 6 Auckland Harbour Board, 6 per cent., IS4I .. .. 104 0 0 106 0 0 Lyt-telton Harbour, 5| per cent., 1933 .. •• • 99 10 0 101 0 0 Dunedin City, 5 per cent.. 1932 98 10 0 99 0 0 N.Z. Breweries, I user. .. ..16 10 N.Z. Breweries. Bonds .. ..16 11 173 165 Y\". R. Cooke and Son (8 r>er cent-, 1336) .. .. 101 0 0 104 0 0 101 0 0 101 4 0 Banks — Adelaide .. .. 10 2 6 10 4 0 10 0 0 10 3 0 91? 6 A ust. of Commerce .. 116 2 116 3 116 0 116 3 114 0 Australasia .. .. .. 14 13 6 14 14 0 14 10 6 14 13 6 14 5 0 Comm. of Aust. .. .. 110 1 110 2 110 1 11H Coram, of Aust. (pre£.) .. Comm. of Aust. (new, contr.) .. 011 1 014 5 014 4 014 5 Comm. of Sydney .. .. 27 2 6 27 5 0 E„ S., and A. 810 0 811 0 8 9 6 811 0 National of Australasia (£lO paid, cum div.) .. .. .. 19 16 6 National of Australasia (£5 paid, cum dir.) .. 917 0 917 6 916 3 916 9 910 National of New Zealand ..726746 New South Wales (cum div.) .. 52 0 0 52 2 6 51 16 0 51 17 6 42 12 6 New Zealand .. ..320 322 31931 11 303 New Zealand ("D" Mortgage Shares) -. ..190 Union of Aust. .. .. 15 13 6 15 15 0 Insurance — A P.A. -. 010 3 010 9 010 1 010 S Mercantile Mutual .. .. 1 12 9 1 13 6 1 8 o National (ex div.) .. .. 016 0 015 2 016 7 016 8 016 10 Loan and Agency—- ' Ualstetv and "Co (es div.) .. 15 6 0 15 7 6 15 12 C 14 10 0 i Goldsbrough, Mort .. .. 212 3 212 9 212 6 213 0 210 6 National Mortgage .. ..460476 N.Z. Guarantee Corpn. .. 08 10 08 11 080 08 11 0 8 S United Building Society 015 11 016 0 015 10 | Shipping — Huddart-Parkcr .. .- 254 259 253257 276 P. and O. Deferred Stock (cum div.) .. ..3 0 3 3 5 6 217 6 218 9 Union (pref.) .. •• ..110 Frozen Meat— Canterbury lord.) .. -- ■— 900 —- Canterbury (prof.) .. .. 500 N.Z. Itefrig. (£1 paid) .. .. 016 0 016 7 016 4 016 9 016 8 N.Z. Refrig. (10s paid) .. .. 074 077 077 0 711 07 11 Ncitli Canterbury Freezing 1 0 0 110 0 Woollens — Kaiapoi (17s paid) 014 3 Kaiapoi (7s paid) .. 0 410 0 5 0 049 059 090 Kaiapoi (pref.) .. 015 6 017 0 Coal— Westport (cum div.) .. .. 112 8 113 0 112 6 113 Stockton (ord.) .. .. 0 211 0 S 2 0 3 6 0 S 0 0 311 Stockton (pref.) .. ..04S Grey Valley (cum div.) .. ..130 166 130 140 G*tvS—Christchurch .. .. -• 1' 0 170 16 £ lif *1 nil! Christchurch (10a paid) .. .. 018 4 Timaru .. • • 150 166 Breweries — New Zealand 4 U 3 5 5 3 4 0 3 4 3 2 6 8 Stanleß 278288 360270 Timaru .. .. .. - 0 14 9 - 0 14 9 0 150 Tooheys ii ." IIS6I li 3 Tooths ... .. .. 219 9 3 0 0 219 10 21® 6 2 8 6 Ward J}s J - „H e White Star 0 14 0 0 13 6 Miscellaneous — Australian Distilleries .. ..126 146 136146 Allied Motors .. .. •• Australian Iron and Steel (pref.) 11l Beath and Co 110 0 - 110 8 110 9 118 0 British Tobacco .. .. 210 7 210 9 2 7 8 2 711 Broken Hill Propty. .. • • - Burns, Philp (ex div.) .. .. 246 258 „7« B J c Colonial Sugar .. 58 0 0 58 12 6 68 5 0 56 6 Dental and Medical Supply Co. 0 12 0 Dunlop Rubber .. .. 1 711 1 8 0 17 6 17 9 - Electro. Zinc (pref.) .. .. 117 1 117 8 ' IIT O 117 ... . Holden's Motors .. .. 19 9 110 6 19 10 110 * 110 6 Howard Smith .. •• 140 Mt. Lyell (cum dir.) .• •• 289 23 11 N Z Drug Co. •• ..3 16 6400 315 0 N.Z. Farmers' Co-op. (£2 10s pd.) NZ. Farmers' Co-op. ("A" pref.) -2 16 0 219 0 214 0 218 0 N.Z. Fanners' Co-op. ("B" pref.) 214 6 219 0 212 0 218 0 N.Z. Farmers' Co-op. (6£ per -

N.Z Farmers' Fertiliser (cum div y 116126 120128 N.Z. Pftner Mills (cam div.) .. °l9 0 10 6 018 S 018 6 Quill, Morris .. •• 017 3 ° 5 017 0 018 0 Taranaki Oil 0 6 0 2 1 ! ~ ~" Victoria Nyania Sugar .. •.240246 .~7 „ ~ ■WTiit«omb« and Tombs .. " 11! « 7 . o on a 0 o "Wilson's Cement .. •• 2 8 ® J 2 ® 22 0 a2 9 Wunderlich .. •• •• Mining— Kildare .. .. .. 03 0088 OSOO3 U Mahakipawft .. . ..0 0 11J 010 „i ™ ni n Winding Creek (6d paid) .. 009 Ratrut - 0" 0 - - ~

SOUTHLAND. (SPECIAL TO THE PBB8S.) INVBRCARPIIjL. May 17. Oats —There is not much change to report in this market. Local prices are higher than those further north, and consequently Invercargill merchants are out of the competition with regard to shipment. A grade have been in demand and 3s per bushel has been paid for A's for milling and seed purposes, while up to 8s 2d per bushel has been paid for heavy samples. These are considerably above the equivalent of the current f.0.b., s.i., value, which is about 3s 6d per bushel. B grades are worth considerably less, the on truck value being 2s 6d per bushel, but .even this is very fnll value as compared with the i.o.ft., s.i., price, which is from 8s 3d to 3s 2Jd per bushel. Good Duns are in demand, and up to 3s 2d per bushel on trucks, country stations, is being paid. Wheat —Occasional lines are offering, good milling Tuscan being worth 5s lOd per bushel on trucks, while Velvet is worth up to 6d per bushel more. Chaff —Offerings of new season s dhaff j are being made, but in most cases the I quality is not so good as last year *• «>« ( straw in most cases being slightly discoloured. Good bright lines of new season s chaff are worth £4 5s per ton on tracks, country stations. _ Ryegrass —This market is still firm. Merchants' stocks are very light and there is little more in hand than is required for the local seed trade. Offerings from farmers have practically ceased. Values to farmers a?e nominally from 3s 6d to 4s 8d per hnshel Onlv occasional samples of extra nnality seed, however, are commanding the ?atter price. Italian is in demand at from 3s to 3s 2d per bushel on trucks, country "^Potatoes—These are now offering fairly freely? and digging of the mam crop « beinj earried out whenever the weather is suitable. There appears tobe a good deal of blight in certain localities, and this has affected the qnality of some samples. The rslue to farmers runs from £4 5s to SA log T>er ton. according to quality and variety. King Edwards are most m demand at the present time. THE BRADFORD MARKET. (raiTED PRESS ASSOCIATION— BT ELECTRIC telegraph—copyright.) LONDON. May 16. On the Bradford market, business Uni. Topmakers are still offering 5 *ixties. Quotations are: Sixty-fours, 39d; fifty-sixes, 32d; fifties, 27d; forty-sues, , 23d; forties, 224. „ttrreA At the rabbitskin sales 2200 were offere« and 820 sold. These generally averagea o per cent, below March rates. Competition for furriers' sorts was very weak, bat was rather better for hatters'. —Australian rre* Association.