CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXV, Issue 19770, 7 November 1929, Page 12

CHRISTCHURCH STOCK EXCHANGE.

1 YESTERDAY'S TRANSACTIONS. Tb'r*» was a p>xi volume of diver>ih>jl btisiiiCM <n iall yesterday and prn.fi for th«? mo*t part showed a hardening tendency. Transactions, exclumw ot vestibule bii-ines?. included: £l'XX> N.Z. Govt. 4J per cent. later., i. i-X> N.Z. Breweries Bonds. f«"> Comn:en lal Bank of Australia. .'*"> H. S. and A. Bank 'cum. dtr.i. .*>•_> National Bank v: Australasia (,£'s l>.i!'i. cunt, div.j. 21n Goldsbrough, Mort. •J»x» Auckland Gas. :M N.Z. Breweries (odd lot). •_\*J B»a:li and Co. U» paid}. l«»> British Tobacco. :Ji» Electro. Zinc (pref.). •Ji»> Mount Lvell. N.Z. Govt 4 ] per cent. 1938 Tax Free Stork changed hands at £IOO 2s •»1. Otiier Government issues remain at remit lowls. with buvers more in e\ idenro tli.in filers. Now Zealand Breweries Bond* were released at U\ and •>■> 6d. market doing 2*s 4d buyers, ■>! sellers. Commerrial Bank of An-tralia shares were easier with at 27s Sd and 27s 7d. Knc'» , -h. Srottt>h. and Australian Bank shares were firm at £7 l"is. and there n«ri> further unsupported sellers at that fig-ire. National Bank of Australasia. £-5 paid share":, cum dividend, adv.-ineed to £O. Bank of New South Wales and Bank of New Zealand shares claimed stronger buvcr?. Morts shower! an easing ; tendency with dealings at 43s lOd and i 43s 9d."and ther« were further sellers at the lower figure, buyers at 43s Bd. North Canterbury Freezing Company shares dropped to* os sellers, no buyers offering. Auckland Gas shares moved up to 2->« 2d. clewing quotations 2d on either side. New Zealand Breweries shares were firm at 84s. Staples Brewerv shares claimed stronger buyers at 13s fid. but sellers wanted 53s lid White Star buvers raised their bids to lis 9d. sellers' at 13s (3d. Beath and Co. Is pnid shares were fractionally weaker with business at &sod, buyers slaving in at that figure, sellers at 9s • >d. British Tobacco shares advanced to tft, 4d. sellers and business, buyers at 40s Id. F>ctrolvtic Zinc preference «hares jumped to 35s 6d and there were further unsupported sellers at that price. Mount Lvells were easier with dealings at 41 s 3d and further sellers at 40s 0&, buyers at 40s 6d. UITEST QUOTATIONS. Buyers. Seiler*. £ s. d. £ e. <i.

I YESTERDAY'S SALES. i i "

CHRISTCHURCH. Sales on 'Change—- £ s. d. \'.Z. Breweries (Bonds'> ... 18 4 Comm. Bank of Australia (3) 17 8 Comm Bank of Aust. (3) ... 1 t i E S.. and A. Bank (cum. div.) ... ■■■ 715 0 National Bank of Australasia <£.j paid. cum. div.> rl< ... ... Gofd*brou;:h, Mort Gold«brouch. Mort <3> _. '2 3 9 Beath and Co. Us paid) _. 0 8 o British Tobacco ... 2 6 4 Electro. Zinc (preO (2) _ 110 b Mount Lyoll ... -.213 Sales Reported— N.Z. Govt. 4J per cent. Insc.. IP3? ... •■• 10° - 6 N Z Breweries (Bonds) ... 18 6 Auckland Gas ... ■•- 15 2 New Zealand Breweries (odd InO * _? 2 Electro. Zinc (pref.) ... 110 b Mount L.-ell ... ~ 2 l 3 AUCKLAND. Sales on 'Change—- & s. d. New Zealand Breweries (debs.) .. -• 18 3 Commercial Bank of Australia 17 9 National Bank of Australasia 18 7 6 New Zealand Insurance .. 2 6 2 Dalgrtv and Co. .. 14 7 0 Taupiri Coal .. m 110 0 British Tobacco .. 2 6 4_ Electrolytic Zinc (ord.) .. 115 0 (Pref.") .. •• 115 6 Milne and Chovce, debenture stock .. .. 17 3 N.Z. Farmers' Fertiliser .. 12 0 Ohinrmuri .. .. 010 7 Waihi . . Mount Lyell .. ..210 Kuala Kampar „ .. 0 9 9 WELLINGTON. Sales Reported—- £ b. d. NZ. Govt. Inscribed Stock, 5i per cent., 1933 .. 101 0 0 Aust. Bank of Commerce 1 11 10§ Commercial Bank of Australia (ord.) .. *.. 17 9 17 8' Bank of New South Wales, Svdnev reg. .. 48 10 0 Bank of Australasia .. 13 15 0 Union Bank of Australia .. 14 10 0 T'nion Steam (pref.). .. 110 Electrolytic Zinc (pref.) .. 115 9 \ DUNEDIN. Sales Reported—- £ s. d. Electrolytic Zinc (ord.) ... 114 6 Bank of New Zealand (long term D) ... ... 18 9 E-, S., and A. Bank (cum div.) 7 15 0 N.Z. Farmers' Fertiliser ... 12 0 JOHNSONVILLE STOCK SALE. [THE FKESS Special Service.] WELLINGTON, November 6. The cattle yarded at the Johnsonvilie stock ■ale to-day comprised mostly prime heavyweight bullocks, with a few pens of lighter sorts. A consignment of particularly prime quality cows and heifers was also offered. Competition was good at reduced limits. Prices for all classes of beef except vealers showed an easing tendency. Vealers were in keen demand. The sheep yarded were mostly shorn, with an odd pen of woollies. Competition was good, with prices on a par with last week's rates. Lambs were yarded in larger numbers than previously, and met with a ready sale at prices about 2s per head below late values. Prices: —Extra heavy bullocks £l7 10s to £lB ss, heavy £ls to £l6 10s, medium £l3 to £l3 17s 6d; heavy heifers £l3 7s 6d to £l4 17s 6d; heavy cows £l4 ss; vealers £2 18s to £6; heavy woolly wethers 38s; heavy shorn wethers 29s to 30s, medium shorn wethers 28s; heavy woolly ewes 30s to 31s; heavy shorn ewes 22s 6d to 235; medium shorn ewes 20s to 21s 6d; woolly hoggets 30s to 31s 6d; spring lambs 24s to 28s 6d. BURNSIDE MARKET. (rasss associatiox tiliobam.) DUNEDIN, November 6. Several classes of fat stock sold at firm rates at the Burnside sales to-day. Fat cattle, however, slumped badly, and the market in this section was not in favour of producers. Sheep in the wool were also easier, but shorn sheep were unchanged. Fat lambs met with a firm demand, while store cattle and pigs were in keen demand. Fat Cattle —The yarding numbered 248 head, comprising good average to prime quality bullocks, some being extra heavy, and a fair proportion of prime heifers and cows. Opening sales were on a par with last week, but the market eased to the extent of 10s and £1 per head. Heavy bullocks made to £25, medium £2l 10s, light £lB 10s; extra heavy heifers £ls 15s, medium £l4 10s, light £l2 ss; heavy cows £ls 10s, medium £l3 ss. light £ll 15s. Choice ox beef sold round about 50s per 1001b. Fat Sheep—There were only 1560 fat sheep penned. With the exception of about 300 animals, all were in the wool. There were more fine-wool sheep than usual, with a fair entry of heavy wethers and ewes. The demand was irregular, early sales being from Is to Is 6d cheaper, to firm later about 9d per head for wethers. Ewes showed no improvement, and prices for shorn sheep were unchanged. Extra prime wethers in the wool made to 50s 6d. prime 48s, medium 445: heavy ewes 35s 6d, medium 30s. Maiden ewes sold from 40s to 455. Best shorn wethers made to 325. best shorn ewes 28s per head. Botchers' sheep in the wool sold at sid per lb. Fat Lambs —A total of 86 fat lambs were offered, and met with a good demand, opening sales being on a par with last week's rates, to improve 2s 6d per head towards the close. The heaviest lambs sold to 35s Od. prime 335, medium 28s. Prime lambs sold on a basis of Is per lb. Store Cattle —The entry numbered 330 head, comprising some good bullocks and medium steers. The balance of the yarding consisted of mixed cows and inferior yonng cattle. There was a firm sale, prices showing an advance of 10s per head for best grades. Best three-year-old bullocks made to £l.l 16s, medium £lO, good two-year-olds £8 17s. Pigs—The market was one of the brightest spots in the sale. The yarding of 71 fats and 83 stores met with keen competition. Porkers were dearer by 7s 6d per head, and bsconers were firm. Stores were firm at late rates. Prime porkers sold at about 9id per lb, and prime baconers at about 9d. WOOL. BRISBANE SALES. (UNITED PRESS ASSOCIATION—BT ELECTRIC TELEGRAPH—COPYRIGHT.) BRISBANE, November 6. At the opening of the wool sales there was keen competition. The highest prices were: For greasy merino 20id. .scoured 30d. Prices generally showed an advance of 5 to 10 per cent, on the September sales. GOLD. LONDON. November 5. The price of gold is 84s Hid an oz. FOREIGN EXCHANGES. LONDON, November 5. Debentures and share quotations are: Dalgety and Co.'s shares, £l3 18s 9d; 4 per -•nt. Debenture Sto<-k, £7l 10s; Goldsbrough Mort 5 per cent. Debenture Stock, £B2. DAIRY PRODUCE. Dalgety and Company, Ltd., have received the following cablegram from their London office, dated November sth Butter —Ne«- Zealand finest, new season's, 174s to 178s: old season's, 172s to 1765; no enquiry. Holders pressing sale*.

NJS. Government Debentures — 4} per cent. Inscribed, 1338 99 17 6 1Q0 2 6 4§ (>«r cent. Bonds, 1338 and 1033 100 0 0 — 4) ,>»t cent. &onis r 1311 ICO 2 6 — 5 per cent. Inscribed, 10 1930 99 0 5 per cent. Bonds, 19*7 — 99 0 0 SI per cent. Inscribed, 15 1041 99 0 — 5} per cwnt. Inscribed, 1933 100 15 0 101 0 0 J j p#r cent. Bonds, 1933 100 15 0 — 5$ per cent. Inscribed and Bonds, 1936 ■. 101 5 0 — Other Debentures— Chnstchurch Drainaga Board, Sf per cein., 1938-73 100 12 S 101 0 0 Sluggish River, SJ per cent., 1944 100 0 0 100 10 0 Grey Electric Power, SJ 100 per cent., 1365 0 0 — N.Z. Breweries, Bonds 1 8 4 1 8 5 Ttanlrn— Adelaide (ex div.) .. — 9 12 6 Auit of Commerce .. 1 11 7 1 11 11 Australasia 13 16 0 Comm. of Aust. 1 7 0 1 7 8 Comm. of Sydney 24 0 0 24 12 6 E., S . and A. (cum div.) — 7 IS 0 National of Australasia (no paid, cum div.) 18 0 0 — National of Australasia (£5 paid, cum di».) 8 19 6 9 1 0 New South Wales 48 10 0 48 17 6 New Zealand .. 3 0 9 3 1 S Queensland National (cum div.) 9 0 0 — Cnion of Aust. 14 8 0 14 11 0 Insurance — A.P.A 0 11 6 — Mercantile Mutual 1 9 4 1 10 o New Zealan.i .. 2 6 0 2 6 3 National (cum dir.) .. — 0 16 4 South British 3 5 6 — Iioan and Agency— Christchurch Building Society 13 10, 0 — Ck>ldsbroagh, Mart 2 3 8 2 S 9 Dalftety and Co. (cum div.) 14 2 0 — Nstional Mortgage _ 4 4 0 N.Z. Guarantee Corpn. 0 8 6 0 8 9 l.'nited Building Society 0 14 9 n 13 2 Permanent Investment 30 15 0 11 2 6 Shipping— Adelaide Steamship — 1 0 6 Huddart-Parker - — 2 4 0 Frosen Meat— Canterbury (ord.) 8 1 0 8 14 0 Cantorburv (fret.) 1 12 e 4 15 0 N.Z. Reirig. (£1 paid) O 12 3 0 13 0 N.Z. Refriir. (If* paid) 0 5 9 0 6 0 North Canty. Freezing — 0 .5 0 Woollens— Kaiapoi .'17a paid) — 0 13 11 Kaiapoi (7s paid) 0 3 • 0 3 10 Kaiapoi (pref.) — 0 15 4 Coal— Westport .. .. 1 14 0 1 15 0 Stockton lord.) .. — 0 3 4 Grey Valley .» .. 1 3 0 1 7 0 Oaa— Auckland 1 5 0 1 5 4 Christchnrch 1 6 9 1 7 2 Chrtstchurch (10» paid) 0 13 2 0 13 4 Timatu 1 4 9 1 6 0 Braveries— v Carlton 2 3 0 2 3 3 Foster* — 4 0 0 Mont pith's — 1 2 0 New Zealand 4 7 10 4 8 3 Queensland — 1 12 6 SUpi-j 2 13 6 2 13 n Swan — 4 5 0 Tirnaru -■ — 0 16 3 Timaru <is paid) — 0 8 6 T ooheys . 1 11 9 1 12 3 T oat ha 2 9 1 2 9 6 Ward 0 12 0 n 16 0 W'hiU Star .. ..... 0 11 9 0 13 6 Miscellaneous— Australian Iron %nd Steci (pref.) 1 0 ■a l 0 s Both and Co. — l 12 3 Heath and Co. (la paid) 0 8 5 0 8 6 British Tobacco '2 6 1 2 6 4 Colonial Suear 52 0 0 52 15 0 l>nnIop Rubber — 1 6 0 Kast African Coffee 1 16 0 1 19 0 Klectro. Zinc (ord ' -- 1 14 0 1 H 1 Electro. Zinc (pref.) 1 IS n 1 15 6 Greater Crystal Palace 1 2 0 1 4 0 Hay ward's Pictures - - 1 0 0 Howard Smith 1 1 0 1 2 6 Jit. Lyell 1 0 6 2 0 9 N.Z. Drusr Co. 3 13 0 3 14 0 N.Z. Fsrtter*' Co-cp. £2 Km pa'.d) 1 0 0 — N.Z. Farmers' Co-op. flit pref.) .. — 4 5 0 N.Z. Farmers' Co-op. '"A" pref." — 3 3 0 N.Z. Farmer*' Co-op. ("B" pref.) S 4 6 3 6 0 N Z. Farmers' Co-oo. '■ fit per cent. Stock. 90 j 19»f" 0 0 92 0 0 ?: 7. Fsrmers' Co-on. (fit per cent. Stock, 90 13391 0 0 93 0 0 N.Z. Farmers' Co-0">. { if.i per cent. Stock, j m.v ft n 0 | ." 7. Farmers' Fertiliser 1 2 1 1 2 3 N.Z Sugar of Milk 1 ortf — 0 17 0 Quill. Morris 0 12 0 0 15 0 j 1 arsnaki 0:1 — 0 4 0 | Victoria Nvania Sugar 2 3 6 [ W!*on"s Cement 2 2 3 2 2 9 1 W. R. Cooke and Son 1 0 0 1 5 0 Milling— KiTdsre .. — 0 2 6 n 3 11 Kawsrau — 0 0 6 Mshskipawa 0 0 3J 0 0 44 Oka n to 0 1 2 0 1 9 (prem.) Waihi — 0 12 5 Wmdine Cre#k Ms pd.l 0 1 S 0 1 8 Windine Creek i6d pd.) 0 1 1J 0 1 64 Stoney Creek i,6d paid) 0 0 a 0 0 11