CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVII, Issue 20214, 17 April 1931, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS.

There was a E°°d volume of diversified business on call yesterday, with the bulk of the turnover in the banking and brewery sections, and prices on tbo whole were firm. Transactions, exclusive . of , vestibule business, included : ,

■IOO Commercial Bank of Australia. 70 National Bank of Australasia (£5 paid). , o Bank of New South Wales (late sale 16th). 20 Bank of New. South Wales. 250 Goldsbrough, Mort. 500 New Zealand Breweries. - 100 Timaru. Brewery (5s paid). • , 450 British Tobacco. ) 200 Dominion Builders' Supplies 100 Mt. Lyell. . 100 Quill, Morris. . 200 King Solomon. > 1300 Mahakipawa Goldfields. 100 Okarito..

Commercial Bank of Australia shares were fractionally, weaker at 15s . 6d, buyers staying in. at that".price, sellers at 15s 7d. National Bank" of Australasia, £5- paid shares, advanced to £5 6s and. £5 ss. buyers staying in at the lower, figure, sellers at' £5. 5s 6d. A late, sale of Bank, of New South Wales shares on.-Wednesday was reported at £27- ss. but dealings yesterday were at £27, and there were further unsupported sellers at £27 'ss. Buyers of Bank" of New Zealand shares moved up a point to ols'3d, sellers at ols Cd.

Miscellaneous. . Goldsbrough, Morts changed hands at 21s. and there were further sellers at that figure, buyers at 20s 9d. New Zealand Breweries shares declined to, dealings at prices ranging from 35s to 355. and closed weaker with sellers, at 31s 9d. buyers at 34s 6d. Timaru Brewery shares (6s paid), hardened to 6s. market closing's* lOd buyers 69 3d sellers. British changed hands at 30s 6d. 30s 3d, atyd- 90s, sollers staying in at' the' lowest' _pnce, buyers at 29s Bd. , Colonial '<Suwrawere stronger on buyers' £?* ss, sellers" at £36.' ; Dominion Builders' Supplies changed hands at- 2s. Mt. LyoHs relapsed to 20s.< closing'quotations -18« vd buyers, -20s id sflller*Xew Zealand Drug Company shares woro stronger on. buyers', offers 62s sd» sellers at 565. Quill, Morris shares wero released at 7s 6d, and there were further sellers at Bs. buyers at 6s. King Solomon Gold Minintr shares', realised Is ll|d. and more, were wanted at that price, sellers" at' 2s. Maliakipawaa eased to dealings at 7id, closing quotations id on either side." Okarito ;Gold Mining shares at 8s 2d and ."* show little variation, market closing 8s Id sellers, 7s lid buyers. - a f't.'

- LATEST QUOTATIONS. •<" J . ~ Buyera. Seller*. < t,, d. { >• d. N.Z, Government Debenture#— 4) per cant. Inscribed, 1535 ~ 37 0 0 J8 17 « 4i per cent. Inscribed, 1339 J! 0 0 89 0 0 4* pft cent. Bonds,* 193 a .. .. 97 - 2 6 99 Q -0 V""r cent. Bondr, 1939 .. .. 97 7 6 99 0 0 per cent. Bonds, J941 .. 97 0 0 1 61 per,, cent. Inscribed, ; j- rim;, , ,90u, o - . I Cbrielchurcit % ' : per -cent., J9H(M3 ,* » 0 BMWeriM r ■ 13 0 ' 8 0 J Cqtnm. of Auat. 0 15 7 ; Csbim. of. Aurl.' {peel.) '• 6 Vti 0/' 0 -j# 0 ; T£;, S., ;and A. - - 0-0 5 8 O ■ N»tipni»l of Australasia ; ■*. >' ■* fm paid)' 1 o'll 12 6 Kstioo*!-ot Australatia , v . (JES .paid), S 5 6 NJUoiiafof KJS." O-Ht «IS .0 Wales w-. v-e-i' . v 27 5 0 ... • .*-.3 u e ;.'SaS^;tf "Au«.\ .*• e ,*- ■' v. 01»YoVv 4 r *fr»W^H <Sr •>. r f f *„ f -mntf-'iOo.' j, r ." -wT7 J3 --6 717 6 Saw 3 #"'®'', - -Morr: %;?:i o & i i o BeiS|fr. ■j'P:%~r'rtfx IS~J> |i2»jS!. lioau . ind ife*» , i ,(ord. *t6ek) Cftv O- 9 t " Permanent Investment - 9 9 9'' 10 9 0 Building Society 013 4 ".0 14 6 supping—- ; Hudjiart-Parker .. 10 6 1 3 6 > Union (pref.) .. 019 9 rrozen Meat— N.Z: Ruing. (£1 paid) 010 3 031 0 N.Z. Befrig. (10a paid) 0 8 2 0 3 4 s North Canty. Free ring' 0 3 9 0 5 3 WooUens->

Kainpoi (17# paid) .. '0 7 0 0 9 0 Coal—- ■ Grey /Valley .. .. . 0 13 # Wealport .. 1 4 .9 Stockton (ord.) .. , Stockton (pref.) •• —■. 0 2 6 Gas—--Auckland .. " . 1' 3 6 ChristcUurch -.. .. 1 4 0 1 5.4 Chriatchureh '(10s paid) 0 11 0 0 12 >6 Breweries— " • Carlton ".. • 12 9 16 0 S>w Zealand ... . ... 1 14 0 114 0 Staples .. 114 8 1 17 0 Timaru''(6s paid)- .. 0 5 10 0 6 3 Tooths ~104110 .White Star ■ .;. 0 5.0 . Miscellaneous— Amalgamated Wireless (contr.) .. .. 0 13 0 Australian Glass \ .. J. 3 6BeathandCo. 1 3 0 Boath-and Co. (la paid) 0 2 0 0 3 8 British Tobacco - ..1 9 8 110 0 Broken Hill Propty. .. 0 14 6 Burns, Philp .. .. 1 9 o 114 „9 Colonial Sugar .. 32 5 0 SB 0 0 Dominion Builders' ' Supplies 0 1 9 0 2 9 Dunlop Perdriau Rubber .. .. o 7 6 0 0 9 Electro. Zinc (pref.) .. 0 15 6 0 IS 9 ;i t Glen more Brick and Tile .. .. 0 18 0 Gordon and Gotch .. 0 15 0 Lcyland O'Brien Timber .. l 0 0 Mt. Lyell .. .. 0 19 7 l'O 0 X.Z. Drug Co. .. 2 13 3 2 16 0 N.Z. Farmers' Co-op. (64 per cent. Stock, i 19-10) - .. SO 0 0 N.Z. Farmers' - Co-op. ■ ■ . (GJ i-er cent. Stock, 1815) .. / ~ 48 0 0 K.Z. Paper Mills .. 0 15 O 0 19 0 -..Quill, Morris .. 0 6 0 0 8 0 United Pictures 0 lo 2 16 2 "Wliitcombe and Tomljs 2 12 0 '3' l 0 Cement .. 1 19 fl 1 19 0 A*'undrrlicli .v .-' 0 8 0 ■ Mining— ■ Cornish Point .. 0 0 <s£ 0 0 10S King Solomon '.. 0 1 JIJ 0 2 0 Mahakipawa .. >. 0 0 7.0 0 8 Okarito ... 0 7 11 0 8 1 Honey Creek (7Jd pd*) o 0 1J Waihi -• 0 15 0 0 15 8 Waibi Grand Junction" 0 2 a 0 2 6 "Winding Creek (Is pd ) 0-01 0 0 15 Golden Point (lfla ■ paid) ... 0 10 0 - Golden Point (IOJd . - - P»'d) 0 1 1 O 1 10i Forth. Brckea Hill **

% YESTERDAY'S SALES. CHRISTCHURCH. gales on 'Change— ! £ s. d. Comm. Bank of Aust. ... 015 6 j National Bank of Austra- i lasia (£5 paid) ... S 6 0: 5 S . 0 -i Bank'of New South Wales 27 o_o< Goldsbrough, Mort. ... 1 10] New Zealand Breweries ... 115 7 i 1 15 6 115 0 British Tobacco ... 1 10, 0 Mt. Lyell . . ... 1 <> 0. King Solomon ... ... 0 1 Hi. Mahakipawa ... (3) 0 0 7 J Okarito •- 8 2 0 8 0 Sales Reported— Bank of. New South. Wales (late sale. 15th) ... 27 5: 0 Bank of New South Wales 27 0 0 Goldsbrough, Mort. ... 1 1 0 New-Zealand Breweries' (2) 110 i Timaru Brewery (5s paid) 0 6 0 BritiA Totew 1 jO Quill, Morris . 0 7 6; National Bank of Austra- t j - lasia (£5 paid) ... o o;V : Dominion Builders' Sup- .. ! plies . (2) 0 2 0 i AUCKLAND. Sales oa'Phaoge— , - . £ a. d. Inscribed , Stock, 1938, 4£ _ per cent. ... ... (2) 98 0 0 Commercial Bank of Aus- ■ t rA - - 010 a Bank of New South Wales 27 5 0 ■Bank"of New Zealand . v 2li .«> New Zealand Insurance ... 2 1 » Auckland "Gas, (con.) 0 16 11 Ley land, O'Brien , —• 1 1 ® New Zealand Breweries ... 110 » Milne and Choyce (deb. stock) ... - Wilson'i Cement ... 119 «> . Waihi Mining ... 010 6 015 5 | WELLINGTON. ■ „ Sales Reported—- ' v. & 8. d. Bank of Australasia : 1. 10 9 0ißank of'N.S.W. (2) 27 5 0 , Union Steam (prcf.) . 1 "JJ N.Z. Breweries \l® 0 1 • * ' 115 6 N.Z. Government per cent. Stock, 1938 .. 98 « 0 • Wilson's 'Cement .. 119 0 < . DUNEDIN. ■> i . ' Sale Reported— i i= .. . £ n. d. Cornish Point (paid) . . 0.0:6 J N.z. Mortgage co.

DIVIDEND MAINTAINED. The T>a!ance-alieet of.the New Zealand Investment Mortgage and; Deposit 'Co., Ltd., for the yea*- ended March 31»t shows a net profit of £3901, as com-, pared with £3784 for "the previous year. There was brought forward from the previous year £2322, making avail*, able £6223. The dividend for the year i is 7 per cent., tho sarao as in the preceding year. The reserve fund is again i j augmented by £IOOO, and tho carry :.forward is £2738 against , £2322: ! .brought in. " The company has done i very well-for a time" of ,depreasii>n.' < i' The balance-sheet items coippaija,. ae, *> " i?S fcSS * Aaiotfl' "" "•• ■■* ■ • ■ Mort law* 1 ' ' 1*4,004 13*463 ■Bp«cl*l ;d®po»it» J».000 JStS. stpek. . 2.500 2,Mft Ijiteresl; e*e. ■■ J-r|| J ?ff ,<Sah In ban* * • 3 > 673 J ' B^ s COLONIAL SUGAR SHARES. ; * " » *' r> "' ■ - ' •- EFFECT OF i (VXITKB : ':fBSWS < iBBOCUTIOSyKLKCPWoi ' / " (Beceired April "16th.' 7.15 ' , p.tn.) 5 ' • Sy»NBY. V ; - The Cso)oil>nl'Sugar Csotnpany -shares: advanced by -5« to , £37 10s on • "the Stock jExchan^e' to-day, * The'hiTrdening trend is fowing to tha; renewal of the sjigajr' eb&argo, GEBALDINE STOCK SALE.

TALLOW MARKET. s (UNITED PBESB ASSOC! VTIOS— BY U.ECIKIC TKUEGairH—COPtmonT.) • - LONDON, April 15. , At the tallow sales 723. casks were offered and 184 sold. Prices were unchanged. The Bank of New Zealand- has received the following »dvice from its London office, under date April Tallow —There is a fair demand. Current .quotation's: Good mutton 23s per cwt; good beef 22s 6d to 23s per cwt; good mixed 22s 6d per cwt; gut 16s to 19s per cwt. DAIRY PRODUCE. The Itew Zealand Loan and Mercantile Agency Co.. Ltd., have- received the follow, ing - cablegram from their London office under date April 15th.t— Butter —108s to 109s. . Cheese —White 50s to 525, 54s to 555. Market is .dull.

' Trices for sheep advanced 2s » bead *11 round at the fortnightly atock sale at Gsrsldine and * line of 163 ewes fetched top price for the sale—20s 3d. ' -Price* v«I« as follows;— ■ Lambs—Thirty-one at j?s 4d, 23 at 14s 9d, -5 at as 9d, 4 at lis 8d, 05 at 14s lid, 14 at 12« 6d, 31 at lit fid, 31 at 11a lOd, 28 at 19s 8d, 97 at 13s 10d, 47 at 12s 8d, 98 at ISs lid, 41 at 10s 4d, 71 at 14s 9d, 39 at 18a lid, 61 at 12> 6d, 28 at 12s 6d, 54 at 18s Id, 76 at 12s lOd, 75 at 9s lOd, 78 s.t 14s fid, 40 Bt 15s, 135 at 12s 4d, 94 at 14s 7d, 712 at 14s 7d, G8 at 14s lid, 105 at.lSa 84, CO st 15s £dj 102 at Gs lOd, 1 at Ss Id; 38 at 3s 2d, 300 at 8s, 85 at 10s 3d, 39 at 2k Id, 210 8f 12s Id, 22 st lis, 100 at.Bs 3d, 21 at 10s 6d, 60 at 13s, 28 at lis, 71 at 14a, SO at lis 6d, 70 at 13s 4d, 106 at 13s. €d, 89 at 12s. id, 731 at 6s, 64 fat 9* 3d, 78 st Ss, GO at ,11s Sd. —Ewes —Nine .at 4s, CO at 5s 9d, 19 at 6s Gd, . .29 at 6s Gd, 9 at «s' Cd, 15 at Gs lOd, 2 at Is 6d, 80 at 5s 6d, 96 at 16s 4d, 24 at "8s, 171 at 9s, 208 at 3s lOd, 221 at 6s 7d, 32 at Ss 6d, 16 at 3s, 72 at 10s, 102 at 6s 10d^ 143 at Ss 2d, 77 at 4s, 163.»t 20s 3d, 17. at 11a 3d, -22 at; 10s 6d, 20 at 7s, 58 at 7s, 19 at 8s 4d, 32 at 5s.4d, 350 at 8s 9d, 104 st 7s, 140 st 18b,M19 at Ss 4d, 20 at 7s 4d, 14 at 6s 9d, 14 at 6s, .13 at 6s 8d, 9 at 6s, 654 at I7s Gd. 47-at Is 9d. 70 at 10s lOd, 106 afc 7s, 88 at 7#, ,138 at Ss lOd, 8 at Is, 10 at 5s 6d. Wethers—EigUiy-four at 12s lid,. 149 at lis 8d, 10 st 8s'3d. 5 at 9s, 58. at 8s Gd, 143 at 9s, 24 at 8a 8d, 101 at 8s, 180 at 7s, 12C at 7s Gd. Rams—One E.L. at 2) gniaeas, 2 E.L. at 2 guineas, 6 B.L. at 2} guineas; 1 B.L. at 2i guineas. * •