CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVI, Issue 19962, 24 June 1930, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. There was a moderate turnover . of stocks on call yesterday, with prices of several showing an r easing . tendency. Transactions, exclusive of vestibule business, included:— , 25 E.,.5., and A. Bank. ; 15 National Bank of Australasia (£5 paid).. 250 Chrißtchurch Gas. 150 New Zealand Breweries (late sale . .. 21st). 100 Ward's Brewery. 100 Booth, Macdonald (pref.). ' 50 British Tobacco (cum div.). 750 Mount Lyell (ex div.). 200 Wilson's Cement. 1000 Mahakipawa Goldfields. English,' Scottish, and Australian bank shares were firm with business at £6, closing ■ quotations 6d on . either side. National Bank of Australasia £5 paid shares weakened to £7 7s 6d, and more were offered at £ 7 5s 6d, buyers at £7 4s 6d. Buyers of National Bank of New Zealand shares raised their bids to £6 8s 6d, sellers at. £6 9s 6d. Bank of New South Wales moved up to £3B 15a, sellers at £39. Christchurch Gas shares were easier with dealings at 26s 3d, buyers staying in at that figure, sellers at 26s sd. Unsupported sellers of Carlton Brewery shares wanted 33s 9d. A late sale of New Zealand Breweries shares on 21st inst. was reported at 50s 6a, market closing weaker with sellers at 50s 3d, buyers at 50s. Tooths Brewery shares relapsed to 34s Id sellers, 33s 10a buyers. Wards Brewery shares eased to 10s 6d, closing quotations 10s_6d sellers, 9s 6d buyers. Australian Distilleries shares hardened to ya buyers, 23s 9d sellers. Booth, donald (preference) shares realised 4s 3d. British Tobaccos were fractionally weaker with dealings at 39s 6d, and more were wanted at 39s 3*d, sellers at 40s. Mount Lyells, ex dividend of Is per share, had dealings at prices ranging fro In 26s 3d to 26s 7d, market closing 26s 7d sellers, 26s 6d buyers; Wilson's Cements were easier with dealings at 455, and there were further sellers at 45s 3d, buyers at 455. Mahakipawas changed hands at Id. Okanto Mining appeared slightly stronger on buyers' offers 8s lOd, sellers at 9s.

YESTERDAY'S SALES. CHRISTCHURCH.

PICTON FREEZING WORKS. I (SPBCIII, TO THB PB®BB.I BLENHEIM, June 23. Killing for the -.season was brought to a conclusion at-the Pictotj Freezing Works on Friday with a record.output of. 140,000 carcases of lamb and mutton and about 500 cattle. The best previbus record was about' 124,000 carcases ten years ago.' The high out-, put on that occasion' was accounted for by i a drought period. This- year's record is largely accounted for by. the fact that stock has been secured over a much wider area than has been the case hitherto. The scope of operations in the past has been confined for all practical purposes to the Wairau and Awatere districts.

HIGH COMMISSIONERS REPORT. tTHB PBESS Special Service.] ' WELLINGTON, June 23. ' ' The Department of Agriculture has . re-, ceived the following cablegram' dated June 21st from the High Commissioner for New Zealand, London: — V"':'' TALLOW. ,j ThWo was no-auction thia.week owing to' the poor demand. Nominal" quotations are ] 2s lower than'last auction. j ' ;y ; yRUIT. . ". ■ ■ : .' ' i PortTairy'sahipment is clear, and tfce jPort; Napier'*'; i» .beipg #old. • Thalopio, Mahla,' an*4 Port Auckland are unloading, The lonic's friiit is in variable condition. Port .Napier's ftpples are good, but some* pears 1 are pari#ble.' The' Mahia • and- . Port Auckland apples are-in good condition. The pears are forward:. Present market prices are: , Apples, Stlirmeri 7s ttd to 12s 6d, Jonathan ds -to' 12s, Delicious' and Dunn's PaV9ur|te 10s to 125," Statesman,' Dftugherty,. aid Newton Pippin lis' to 'lßb,' Smith 18a to 21s. . -r. /' ■ i Pears—Winter; Nells - 13s to' 15a, . Winter Cole 12s 6d to Ms 6d, P. Barry 12a to 14s.' The London market is weakening and , the Continental market is depressed. ■ | . . f- HEMP. Tho Manila market is' easier under freer offers and limited support. J grade JuneAugust shipment sold down to £23, which was the closing value. Sisal —The market Is Inactive. No. 1 fair average quality June-August ■ shipment sold at £26 2s 6d, and was steadier at the close. Buyers' ideas for July-September shipment j are £26 ss, and August-October shipment £26 i 10s, No. 2 July-September shipment £26 :j 10s, good marks 10s more. . New Zealand—The market is quiet. Little interest is shown by consumers. Small business has been done in highpoints for JulyAugust shipment at £26. WOOL. The Bradford market is quiet with very little business in tops or yarns. Present quotations are: 64's warp 2s 4}d, average 2s 81d, 66's Is 9d, SO's prepared Is 5Jd, 40's prepared Is Bjd to Is 4d.

LATEST quotations. . Buyers. Sellers. £ a. d. £ *• d. N.Z. Government Debentures — 4i per cent. Inscribed, 1938 .. 99 0 0 99 6 41 per cent. Inscribed, 1039 •• .. 99 0 0 — 4£ per cent. Bonds,' 1930 .. .. 99 10 0 — 4J per cent. Bonds, 1938 and 1939 .. 99 3 6 — 51 per cent. Inscribed, 1932 • ... ■ y 86 0 , .~ 5i per cent. Inscribed,. . jrj33 .. .. 98 0 ' 0 96 10 : 51 per cent. Inscribed, ' ■ • .. I 1941 . • •; ' 7— 97 18 SJ ppr 'cent. Inscribed • / • and Bonds, 1933 99 5 0 — : Si per cent. Inscribed, 1936* ,■ • - 8® ,5 0 100. 0 ; 6J pet cent. Bonds, <1B3G .. 9® 7 6 ; — ; 54 per cent. Bonds, ,1337, .. ! " , W 0 0 0 0 Other Debentures-- - Glaxo, 6i per cent:, , ■ - 1946 ' ... ' N.Z. Kelrig., per cent., .1935 ■ i Bopth, Macdonald, Gfl per .cent., .1982. ... ! Gieborna, Sheep, 7J per' ccnt.i 1881 ' . - 0 '68 ' 0 0 95 ° 99 0 72 0 90 0 0 0 0 0 JJanks—Adelaide ' •— ! Au4t. .of CommertJa •; ... ' ; Australasia .. • > s Comm. of, Aust. - .... '-Comm. of Aust. (pref.) Comm. • of Sydney ' E., S., and A. . ... ■ National of Australasia. | .(£10 paid> - , v ; National. of Australasia, i ' (£5 paid) ! National of N.Z. ». i New South/Wales' ' *. New Zealand '.. Union of Aust. 8 15 1.8 12 9. .1 .1 6 11 6 19 15 a 7 4 fl 8 38 15 2 17 H 10 V. 6 6 6 0 .«!: 6 6 6 0 9 0 7 1 I 4 12 16 II 6 14 21 8 .6 0 16 7 7 6 6 -9 99 0 ■ a is 11 16 0 1 0 9 0 0 6 6 6 6 0 9 0 Insurance — A.P. A. .New Zealand ... South British Standard 0 4 2 0 a 19 2 17 1 9 6 0 0 8 2 7 3 0 8 0 0 3 S 0 Loan and Agency— Christchurch Building Society Dalgety and Co. Golds orough, Mori, (cum div.) Goldsbrougn, Mon National Mortgage (new) y.Z. Guarantee Corpn. United Building Society 18 0 0 11 0 0 1 10 10 19 4 1 11 0 0 7 10 0 14 9 1 JO 11 1 10 .0 0 8 1 0 15 6 Shipping— P. and O. Deferred Stock .. . 2 1 0 Frozen MeatCanterbury (pref.) N.Z. Refrig. (10s paid) North Canty. Freezing 0 6 8 4 6 0 6 0 2 0 6 8 Woollens— Kaiapoi (17a paid) — Kaiapoi (7a paid) Kaiapoi (pref.) -« 0 12 11 0 4 2 0 13 6 0 18 10 Coal — Grey Valley .i l •* Westport .. — Stockton (ord.) •• Stockton (pref.) •• 1 3 1 10 0 1 0 2 9 0 6 6 1 5 0 8 0 9 Gas— Asliburton .. ~ Auckland Christchurch .« 5 6 1 5 1 6 0 0 3 1 6 5 Breweries — Carlton .. »• Posters .. • • New Zealand .« • • Staples ... ■ , Timaru Tooths .. •• ' Timaru (Ss paid) Ward .. •• White Star 2 10 0 2 7 0 1 13 10 0 S: G 0 9 6 1 13 3 10 2 10 2 8 0 14 1 14 0 6 0 10 014 9 0 3 0 0 1 0 6 0 Miscellaneous — Allied Motors Amalgamated Wireless (contr.) Australian Distillery . • Australian Glass (cum div.) Heath and Co. Beath and Co. (Is paid) Booth. Macdonaid (pref.) British Tobacco (cum div.) Broken Hill Prapty. .. Bump, Philp Colonial Sugar Ounlop Perdriau Rubber Rlectro. Zinc (ord.) .. T C!ectro. Zinc (pref.). .. FToward Smith . Kauri Timber Mt. Lvell (ex div.) .. N,Z. Drug Co. N.Z. Farmers' Co-op. (1st pref.) .. N.Z. Farmers' Co-op. ("B" pref.) N.Z. Farmers' Co-op. (6k per cent. Stock, 1939) N.Z Farmers' Co-op. (6J per cent. Stock, 1940* N.Z. Farmers' Fertiliser North Canty. Co-op. Flour Quill, Morris United Pictures Whit-combe and Tombs Wilson's Cement 1 .0 1 2 1 8 0 6 0 4 1 19 42 S 0 13 13 1 5 0 13 1 6 3 3 1 17 3 4 76 10 1 0 0 12 0 18 8 7 2 6 7 9 0 0 0 3 0 8 6 3 6 8 8 6 0 0 0 6 6 0 0 0 19 13 9 2 10 1 10 0 0 7 0 0 4 8 3 0 0 110 1 17 0 42 10 0 0 13 10 18 9 0 18 0 16 7 8 5 0 2 4 0 2 10 0 81 0 0 84 0 0 10 6 0 16 0 0 14 0 3 "5 3 Mining-^ Kawarau Mahakipawa .. Okarito Stoney Creek (6d paid) Cornish Point (Is paid) North Broken Hill .. Winding Creek (6d pd4 00 s 6 8 10 0 0 1 0 0 61 0 0 6 0 0 u 0 9 0 0 0 4 0 0 8 2 17 6 • AS

Sales on 'Change— 6 E S.i and A. Bank . • . 0 0 National Bank of AusA tralasia (£5 paid) .. 7 7 D Ohristehurch Gas (2) .. Booth, Macdonald (pref.) 1 0 6 4 3 3 British Tobacco (cum div.) (3) 1 19 6 Mount Lyell (ex div.) 1 1 6 6 3 4 (3) 1 6 6 1 6 7 1 6 6 Wilson's Cement .. 2 A 5 A 0 Mahakipawa u U Sales Reported— New Zealand Breweries .. 2 10 6 British. Tobacco (cum div.) 1 6 Wilson's Cement .. 22 0 0 Ward's Brewery .. 0 10 6 AUCKLAND. £ s. d. Sales, on 'Change— Commercial Bank of AusA tralia • • 1 1 » 0 Bank of New. Zealand .. 2 18 New Zealand Insurance (2) 2 7 0 Auckland Gas 1 5 3 A Farmers' Trading 0 9 u Mount Lyell (ex div.) .. 1 6 9 WELLINGTON. £ s. d. Sales ReportedNational Bank of Aus6 tralasia (£5) 7 6 Huddart, Parker (pref.) .. 0 19 9 British Tobacco Co. (ord.) 1 19 10 dunedin. £ s. a. Sales on 'Ohange-r-Bank of New South Wales 38 10 0 New Zealand Breweries .. 2 10 3 ! Sales Reported— 0 Stoney Creek (dis.) 0 3 New Zealand Breweries .. 2 10 6 Mount Lyell ,. • • 1 6 9 Okarito .. • • (2) 0 9 0