CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVII, Issue 20257, 8 June 1931, Page 12

CHRISTCHURCH STOCK EXCHANGE.

SATURDAY'S TRANSACTIONS

The recorded turnover on call on Saturday morning was small, but prices on the whole were firm at late rates. Transactions, , exclusive of vestibule business, included 20 Commercial Bank of Australia (pref.). :' ; , •20 Union Bank of Australia. 100 New 'Zealand Guarantee Corporation. 600 New Zealand Refrigerating (10s paid). . 100 Bank of New Zealand (cum , div.). Commercial Bank of Australia, preference shares, realised £5 os, market closing £5 3s 6d buyers, £5 7s 6d sellers. Buyers of English. Scottish, and Australian Bank shares offered £3 15s, Friday's business figure, sellers at £3 19s. Bank of New Zealand shares changed hands at 48s 6d, sellers staying in at .that price., buyers at 4Ss. Union Bank of Australia shares' were fractionally weaker at £7 8s pd, closing quotations Is on either side, sellers of Bank of New South Wales shares came down to £24 17s 6d, buyers at £24. Goldsbrough. Morts, cum dividend, of Is per share, payable .»n 26tli inst., were offered at lcte buyers at 18s. New Zealand Guarantee Corporation shares were fractionally weaker, with business at os <HI, and further sellers at 5s 6d, buyers at 5s 3d. New Zealand .Refrigerating 10s paid shares had dealings at «s Fa, and there were further buyers at lhat price, sellers at 3s 9d. Unsupported sellers of Westport Coal Company shares reduced their. limits to 24s "Buyers of British Tobaccos, cum aividend, moved up a point to 23s .d, M'llers at 25s 3d. Sellers of New land Drug Companv shares came ilown to 49s 9d, but buyers were reticent. .

I LATEST QUOTATIONS. I Buyers. Seller*. . £ s. d. £ s. d. N.Z. Government Debentures — 4i per cent. Inscribed, 108S ... .. 97 50OS 0 0 45 per' cent. Inssnbed, 1039 W 0 »; 4i ljcr cent. Bonds, 1038 ••.. .. 87 10 0 -■ 6i per cent. Inscribed, ; 1933 1 Si per cent. Inscribed, ' 1936 •• 98 15 0 95 10 0 5i- per cent. Bonds, • lOCG ... 30 0 0 ~ ' Banks— Auat. o£ Commcrw .. 013 10 013 8 Austtnlasia .. ■ ... SlO 0 9 1 0 Comm. of Aust. .. 014 0 014 3 Comm. of Aust. (prof.) 5 3 <> 5 7 6 Comm. o£ Sydney .. W O E., S., and A. .. Sls 0 319 0 Xitional of Australaeia (£lO paid) •• ' - 10 0 0 Kational of Australasia (i's paid) .. - -. 419 ® Kational of N.Z. .. 436 0 5 0 0 New South Wales .. 21 0 024 17 6 Now Zealand (cum div.) 2 8 0 2 8 6 Uniou of Aust. .. 7 7 6(0 6 insmjuicc— *. A.P.A. ~ 0 4 3 National "... •• 012 6 011 9 ' Now Zealand .. •• jj 'J ® ' Standard .. ,^BO Loan and* Agency— v : ChriiitehurcU Building ' : • Society I Dalpcty and Co. ... 515 0 C 0 0 I Goldsbrough,' Mort (cum ' . : div.) .. .. 018 0 019 » 1 and Kiver Plato- - ' 14 0 I N.Z. Guaranteo Corpn. 0 5-8 0 5 .6 ' . Tlmtod Building. Society 013 4 . olf 0 | K.Z. Mortgage Security 1 :0"0 . —ll

Shipping-^ P. and 0. Deferred ' . ■ Stock. . ■ - .. .v - 1 3. 0 Union .(pref.) . j. . 0 19. 9 Frozen Meat— . Refrigr.'■•(«! paid) Oil '3 011 0 ,V.Z. Being. (10b j*id) 0 8 8 0- 8 8 Woollens— > JCaiapoi (17s paid) 0 7 5 0 8 9 Coal—. Wostport .< »• • ~ ■ -I 4 3 •Gas— ' : Cliristchurch (10s paid) 011 0. 012 0 Breweries— New .Zealand .. 1 14' 3 115 0 Staples' .. .. —:: 1 14 0 Timani (5s paid) -. 0 611 0 7 0 Tooths .. , .. 013 3 019 6 Miscellaneous— • > ' Beath' and Co. (Is, paidV 0 3 S British Tobacco (cum ' div.) .. .. "1 8 7 1 6 8 Electro. Zinc (prof.) .. 013 2 014 2 Greater Crystal Palace ■ 012 S' 1 3 0 Henry Jones Co-op. .. 017 '9 .1 0 G Mt. Lyell (cum div.) .. 016 3 016 9 N.Z. Drug Co. .. •V.Z. Farmers' Co-op. (6J per cent. Stock, 1945) ... .. 60, 0 II S3 0 0 United Pictures ... Wilson's Cement (cum . . div.) .. ■ • 1 19 3 Woolworths (N.Z.), pref. 12 6' 14 0 MiningCornish Point .. 005 0 0G& >lung Solomon .. 0 2 0 0 2 1 Mohakipawa .. .. 0 0. 7J -0 0 8 -Mahakipawa pref.) ..0 0 8 Okarito .. .. 0 8 0. AVaihi .. .. 014 6 015 0 iVmhi Grand Junction 0 210 0 3 2.. Creek (Is pd.) 0 0 OJ 0 0 • Golden Point (10s pd.) 0 8 9 - 010 -9 . Golden Point (10id pd.) 0 Oil 0 1 2 SATURDAY'S SALES. . . , CHRISTCHURCH. Sales on 'Change— i £ a. a. Commercial Bank of Aus- , tralia ,'pVef.) ... 5 5 0 Union Bank of Australia 7 8 6 Now Zealand Guarantee Corporation 0 5 4 New Zealand Refrigerat- • • ing (10s paid) (3) 0 3-*8 Sales Reported— Bank of New Zealand (cum div.) ... ... 2 8,6 AUCKLAND. Sale on 'Change— . . £ s. d. Bank of New Zealand ... 2 8 0

DUNEDIN STOCK EXCHANGE

•ANNUAL. MEETING. The annual meeting of the Dunedin Stock Exchange Proprietary, Ltd., was held on Friday. Mr E. R. Smith, chairman of directors, presided, and. there was a representative attendance of shareholders. The chairman, in moving tho adoption of the annual report and balancesheet, dealt exhaustively witli the position of the company; The motion was' seconded by Mr H. Barron, and carried, the dividend declared being a reduction of 2$ per cent, on the amount previously paid. Mr E. E.VSmith was re-elected a director oil the motion, of Mr C. F. Bennett t seconded by Mr £L W. Kcid.