CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVI, Issue 19852, 13 February 1930, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Markets were lively on call to-day, there was spirited bidding for most classes of investment stocks, and there was a large turnover, bank stocks attracting; the bulk of the business. Transactions, exclusive of vestibule business, included: £SOO N.Z. Govt., 4£ per cent, inscr, 1938. £2OO N.Z. Govt., 5i per cent, mscr., 11)35. , ~ 20 Bank of Adelaide. 300 Aust. Bank of Commerce. 10 Bank of Australasia. 200 Comm. Bank of Aust. 289 Comm. Bank of Aust., "rights." 15 Natl. Bank of Australasia (£5 paid.). , 200 Bank of New Zealand. 90 Union Bank of Aust. 170 Goldsbrough, Mort. 100 Goldsbrough, Mort. (late sale 11th). 200 N.Z. Refrig. (10s paid). 150 Christchurcli Gas. 300 Timaru Gas (cum div.). 500 Crown Brewery. 200 N.Z. Breweries. 100 Staples Brewery. 750 British Tobacco. 300 Mt. Lye 11. 100 Wilson's Cement.

New Zealand Government, 4£ per cent. tax. free, 1938, stock changed hands at £99, and the 5* per cent., 1936, stock at £99 2s 6d, market closing firm for both issues. Bank of Adelaide shares, which have been quiet for some time, were released at £7 12s 6d, sellers staying in at that price, buyers at" £7 10s. Australian Bank of Commerce were fractionally weaker, with dealings at 25s lid, and further sellers at 25s 10d, buj'ers at 25s 9d. Bank of Australasia shares hardened to £ll 15s, and more were wanted at £ll 17s, sellers at £l2 ss. Commercial Bank of Australia were firm at 23s Bd, but closed weaker at 23s 6d sellers, 23s 4d buyers—the "rights" remained at 2s 4d sellers and business, buyers at 2s 2d. National Bank of Australasia £5 paid shares were taken at £7 14s, market closing £7 12s buyers, £7 13s sellers. Bank of New Zealand were released at 58s Gd and 58s 3d, market closing oßs buyers, 58s 6d sellers. Union Bank of Australia wore firmer, with dealings at £ll 19s and £ll 18s fid, and more were available at £ll 18s (kl. buyers at £ll 17s 6d. Bank of New South Wales appeared weaker, with sellers at £4l 7s fid, buyers at £4O 17s 6d. New Zealand Insurance were marked ex dividend of lid per share, buyers 43s Bd, sellers 43s lid. Goldsbrough, Morts had dealings at 33s Gd, and there were further sellers at 33s 4d, buyers at 32s 7d—a late sale on 11th instant was reported at 33s 9d. National Mortgage shares eased to 72s Gd sellers, 70s buyers. New Zealand Refrigerating Company 10s paid shares changed hands at 5s 6d, and more were wanted at 5s 7d. sellers at 5s 9d. Christchurcli Gas shares were released at 2os 9d. and Timaru Gas, cum dividend, at 24s ]od. New Zealand Breweries shares were firm, with dealines at 81s, market closing Gd on either side. Crown Brewery shares sold at 8s 3d, closing quotations 8s buyers, 10s 6d sellers. Staples Brewery shares wero firmer at 48s Gd, buyers and business, sellers .it 48s 9d. British Tobaccos had dealings at 435, 43s Id, 43s 2d, and 43s Id, closing quotations 42s lid buyers, 43s Id sellers. Mt. Lyells changed hands at 3Gs Id, and 35s lOd, and there were further buyers at the lower figure, sellers at 35s lid. Buyers of Victoria Nyanza Sugar shares movpd up to 41s 3d, sellers at 42s 3d. Wilson's Cement shares were taken at 30s 3d. and there were further buyers at 38s 2d, no sellers.

LATEST QUOTATIONS. Buyers. Sell ere. £ 8. <l. £ a. d

YESTERDAY'S SALES.

PROPERTY SALES REPORT. TOTAL REALISATION OVER £27,600. H. 0. Smith, auctioneer. The City Market, 550 Colombo street, reports the following sales through his agency ijince reopening after the Christmas holidays:—Account Mr ,0. Hazeldine, his town milk round with motor and all equipment to a client; account Mrs Green, her superior Burwood property, comprising up-to-date residence of six rooms with six acres land and all improvements thereon to Mr Hatherley; account Mr Hatherley, his fine residence and 1-acre land, situated Beckenham, to Mrs Green; account Mr Yeatman, his milk round as a going concern, including all equipment, to Mr J. Payne; account Mr Sims, his leasehold farm, situated Burwood, as a going concern, including all stock, implements, etc., to Mr yeatman; account Mr Atkinson, his farm of over 50 acres, situated at Springfield, to Mr King, account of a client, his farm of over 200 acres, together with homestead and other buildings, situated Rolleston, to Mr Brosnan, of Timaru; account Mr Scoltock, his farin holding of over 40 acres, dwellinghouse, and other buildings, situated Springston, to Mr Head, of Temuka; account Mr Nicols, his farm of over 60 acres, as a going concern, with all live and dead stock, etc., situated at Oxford, to Mr D. Obrun; account Mr 0. Obrun, his leasehold farm of 45 acres, situated at the Girder Bridge, Kaiapoi, to Mr Jory; account Mr D. Greves, of Hororata, his 300-acre leasehold .farm, as a going concern, including 400 sheep and lambs, all other stock, implements, etc., to a client; account of a town client, his superior St. Albans property, comprising modern residence and i-acre, with all improvements thereon, to Mr D. Greves. ALSO HAVING SOLD, IN CONJUNCTION WITH Messrs Parris and McMillan, land agents: Account Mr Woods, his fine Harewood holding, with modern residence and improvements thereon, to Mr Davis; account Mr Davis, his farm of over 200 acres, together with homestead and all other improvements thereon, situated at Waipara, to Mr Woods. These sales represent a total realisation of over £27,600. Also haying let a number of small farms and town properties, and having done a large number of valuations for probate and mortgage purposes. I wish to draw attention to the marked improvement in the tone of the property market, especially in farm properties Intending sellers would be well advised to consult me as I have experienced men as salesmen who have held farms, and know land. ' \ —6

LONDON QUOTATIONS. LONDON, February 11. field is quoted at 84s 10|d per fine oz. ■nohmtures —Dalgety and Company's ,hMBB *P" Ceat - d6bentUreS £7l

N.Z. Government Debentures— 44 per cent. Inscribed, 1938 -08 15 0 99 6 0 41 por cent. Inscribed, 1939 99 0 0 99 10 0 41 per cent. Bonds, 1938 99 0 0 ' — . 4§ per cent. Bonda, ' 1939 09 0 0 99 10 0 4J per cent. Bonds, 1941 99 0 0 — 51 per cent. Inscribed. 1933 99 5 0 — 51 per cent. Bonds, 1933 .. .. 99 5 0 — 61 per cent. Inscribe*}, 1936 99 2 a 61 per cent. Bonds, 1935 99 0 0 — Other Debentures— Palmerston North Bor., 6g per cent., 1949 — 99 0 0 Christ-church City, of per cent., 1955 101 0 0 102 0 0 Waimairi County, 6j per cent., 1937 .. 100 0 0 101 0 0 N.Z. Breweries, Inscr. 1 2 1 1 4 0 Glaxo, 61 per cent., 1945 90 0 0 _ N.Z. Refrig., 61 per cent., 1936 95 0 0 97 0 0 Banks— Adelaide 7 10 0 7 12 6 Aust. of Commerc# 1 6 9 1 5 10 Australasia 11 17 0 12 5 0 Comm. of Aust. 1 3 4 1 3 6 Comm. of Aust. (pref.) — 6 19 0 Comm. of Aust. (rights) 0 2 2 0 2 4 Comm. of Sydney 21 12 6 22 5 0 E., S., and A. 6 15 0 6 16 0 National of Australasia (£10 paid) 15 7 0 15 10 0 National of Australasia (£5 paid) 7 12 0 7 13 0 National of N.Z. C 0 0 6 5 0 New South Wales (cum div.) 40 17 6 41 7 6 New Zealand .. 2 18 0 2 18 6 Queensland National .. 7 9 6 7 16 0 Union of Aust. 11 17 6 11 18 6 Insurance— Mercantile Mutual 1 4 9 1 6 0 National .. 0 15 0 New Zealand (er div.) 2 3 8 2 3 11 South British 3 1 0 Standard 2 19 0 United 8 16 6 9 1 6 Loan and Agency— Dalfrcty and Co. 12 5 6 12 7 6 Goldsbrough, Mort 1 12 .7 1 13 4 National Mortgage (cum div.) 3 10 0 3 12 6 N.Z. Guarantee Corpn. 0 7 10 0 8 2 United Building Society 0 15 0 0 15 C Shipping— P. and 0 Deferred Stock 2 12 0 Huddart-Parker 1 18 6 2 0 9 Union (pref.) 1 0 S Frozen Meat— Canterbury (ord.) .. 7 0 0 Canterbury (prti.) 4 0 0 4 12 6 Gear — 1 19 6 N.Z. Eefrig. (£1 paid) 0 11 4 0 12 3 N.Z. Eefrig. (10g paid) 0 5 7 0 6 9 North Canty. Freezing — 0 2 9 Woollens— Kaiapoi (17s paid) — 0 13 6 Kaiapoi (7s paid) 0 3 10 0 4 9 Kaiapoi (pref.) 0 14 0 Coal— Gre7 Valley 1 3 0 1 6 6 Westport 1 8 9 1 9 6 Stockton (ord.) 0 1 0 0 2 8 Gas — Auckland .. v 1 3 11 Cliristchurch 1 6 1 Chrisfcchurch (10a paid) 0 12 a Timaru (cum div.) 1 4 0 1 6 0 Breweries — Crown .. 0 8 0 0 10 6 Carlton 1 19 6 2 0 6 Foster's 3 15 0 Monteith'a __ 0 19 6 Now Zealand .. 4 3 6 4 4 6 Staples 2 8 6 2 8 9 Timaru (5a paid) 0 8 0 Toohcys 1 4 0 1 6 0 3 Tooths 2 0 0 2 1 Ward 0 11 0 White Star 0 11 0 0 13 9 Miscellaneous — Allied Motor* 0 4 0 Australian Distillery — 1 0 6 Beath and Co. 1 9 6 1 11 8 Beatli and Co. (Is paid) 0 6 » 0 7 8

Buyers. Sellers. £ a. d. £ 8. d. British Tobacco 2 • 2 11 2 3 1 Broken Hill Propty. .. 1 2 0 1 5 0 Canty. Farmers' (Timaru) .. Co-op. Co-op. — 0 15 0 Cantv. Farmers' (Timaru) ("A" prel.) 2 5 G 2 12 6 Colonial Sugar 43 10 0 44 12 6 D.I.C. (10a raid) 1 0 0 1 3 6 Dunlop Perdriau Rubber 1 0 3 1 0 9 Eclipse Petrol (£1 paid) 0 14 0 0 19 0 Kclipso Petiol (10s pd.) — 0 12 6 Electro. Zinc (ord., cum div.) 1 11 6 1 12 3 Electro. Zinc (pref., cum div.) 1 11 10 1 12 6 Greater Crystal Palace 1 0 0 1 3 0 W. K. Cooke and Son — 0 16 3 "Herald" and "Weekly Times" (rights) 1 5 0 1 12 0 Holdcn's Motors — 1 2 0 Howard, Smith — 1 0 6 Hume Pipe (Aust.) — 0 17 0 Kauri Timber — 0 16 0 Mason, Strutliors (£1 paid) — 0 14 0 Mt. Lyell 1 15 10 1 15 11 N.Z. Drug Co. Co-op. 3 12 0 — N.Z. Farmers' (10s paid) .. Co-op. — 0 2 0 N.Z. Farmers' ("A" pref.) N.Z. Farmers' 2 8 e 2 12 6 Co-op. ("B" pref.) 2 1G 0 — N.Z. Farmers' Co-op. (6J per cent. Stock. 1939, 1940, and 1945) 8G 0 0 — N.Z. Farmers' Fertiliser 1 0 8 1 1 8 N.Z. Paper Mills —• 0 19 9 N.Z. Sugar of Milk (pref.) ■— 0 17 0 Quill, Morris Victoria Nyanza Sugar 0 13 0 0 15 0 (cum div.) Wilson's Cement 2 ' 1 3 2 2 3 1 18 9 — Wunderlich — 1 8 <6 Mining— Kawarau •• 0 0 2J 0 0 6 MahakipaWBi .. 0 o 21 0 0 4 Okarito — 0 1 7 prc-m. Stoney Creek (6d paid) 0 0 n 0 0 9 Winding Cifcek (Is jjd.) 0 o i 0 1 0 Winding Creek (6d pd.) 0 0 6 0 0 9

CHRISTCHURCH. Salea on 'Change— d. £, 8. N.Z. Govt.. 4i per cent. 99 inscr. 1938 0 0 N.Z Govt., 5£ per cent, inscr. 99 1936 . ... 2 6 Bank of Adelaide ... 7 12 6 Aust. Bank of Commerce (2) 1 5 11 Comm. Bank of Aust. 1 3 8 Comm. Bank of Aust., "rights" (3) 0 2 4 Natl. Bank of Australasia, 14 0 (£5 paid) 7 Bank of New Zealand 2 ia 6 2 ia 3 Union Bank of Aust. 11 18 6 Goldsbrough, Mort (2) 1 13 6 N.Z. Refrig. (10s paid) 0 5 tj Christchurch Gas 1 5 9 New Zealand Breweries (2) 4 4 0 Staples Brewery 4 8 (5 British Tobacco ... 2 3 0 (7) 2 3 1 Mt. Lvell 1 16 1 Wilson's Cement 1 19 3 Sales Reported— Bank of Australasia 11 15 0 Aust. Bank of Commerce 1 5 11 Comm. Bank of Aust. 1 3 8 Union Bank of Aust. 11 19 0 Goldsbrough, Mort (late ale 13 y 11th) 1 N.Z. Refrig. (10s paid) 0 5 G Timaru Gas (cum dir.) 1 4 10 Crown Brewery 0 8 3 New Zealand Breweries 4 4 0 l\lt. Lvell 1 16 1 Union Bank of Aust. 11 18 6 Mt. Lyell 1 15 10 British Tobacco (2) 2 3 2 2 3 1

AUCKLAND. Sales Reported— £ s. d. War Bonds, 1933, 5\ per cent.; 99 0 0 Bank of Australasia 12 0 0 Commercial Bank of Australia ... (2) 1 3 9 Do. (rights) (2) 0 2 5 Bank of New South Wales 40 15 0 41 0 0 Bank of New Zealand 2 18 9 Union Bank (2) 12 0 0 U 18 6 New Zealand Insurance (ex. div.) 2 4 0 New ' Zealand Breweries (late sale. Tuesday) 4 4 0. British Tobacco, Sydney Register (2) 2 3 0 Colonia Sugar (3) 44 7 6 Electro. Zinc. Ord. 1 11 9 Kempthorne Prosser 3 13 0 Waihi Gold Mining 0 13 4 Mount Lyell (2) 1 16 0 WELLINGTON. & 8 d Sales Reported— N National Bank of Australasia 7 13 9 7 14 4 Bank of New South Wales .. 41 7 6 Union Bank of Australia (2 parcels) 12 0 0 Bank of New Zealand 2 18 9 Bank of New Zealand (long term) 1 6 9 Goldsbrough, Mort and Co. .. 1 13 9 Mosgiel Woollen Co. .. 7 0 0 N.Z. Breweries .. .. 4 4 0 British Tobacco Co. 2 3 0 DUNEDIN. £ s. a. Sale— Otago Daily Times (ex div.) S 7 6 Sales Reported— Mount Lyell .. .. 1 16 0 Mosgiel Woollen .. •. 7 0 0 McLeod Brothers 29 0 0 (Two parcels.)