CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVII, Issue 20272, 25 June 1931, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. There was a moderate turnover on call yesterday, and markets generally were firm, with a hardening tendency in some stocks. Transactions, exclusive of vestibule business, included: 500 Commercial Bank of Australia. 100 Bank of New Zealana. 20 Union Bank of Australia. 100 Westport Coal. | 200 New Zealand Brewers. 200 Mt. Lyell (cum dir.), . 200 King Solomon. 50 Okarito. 250 Golden Point (10s paici). Commercial Bank of Anstralia shares were fractionally firmer at 14s 3d, market closing id on either side. Rank of New Zealand shares" rose 3d to 403 Gd, and there' were further buyers :it 465" fid, sellers at 46s 7d. Union Bank of Australia shares advanced -'s to business at £7 12s, and there were further buyers at that price, sellers at C 7 13s. Dalgetys were stronger, with buyers'at Is, sellers at £6 Is. Miscellaneous. • West port Coal shares changed hands nl- 24s and more were wanted at 23s (3d, sellers at 255. New Zealand Breweries shares eased to dealings at 32s 10J, buyers staying in ai that figure, sellers at 33s 9d. Tooths Brewerv shares appear weaker with setters at 18s 2d. buyers at 17s. British Tobacco, buyers, cuin divided, moved up to 21s, sellers , at 24s 3d. Mt. Lvells. cum dividend, jumped to ISs 4d, and there were further sellers at 18s °d buyers :it lis lOd. Wilsons Cements were offered at 3os 6d. Tuesday's business figure, buyers. at, 3os. King Solomons were firm, with cleaiincs at 3s 4d. closing quotations 3s Ja buyers, 3s, 3d sellers Okantos. wero fractionally firmer at 9s 2d. market closing 9s.buyers. 9s 3d sellers. Golden Point (10s paid). shares weakened to devilinas at prices ranging from 16s ba to 15s 6d, closiiifT quotations los oa buyers. 16s 2d sellers. * .. LATEST QUOTATIONS. Buyers. Sellers.; £ «, d. £ t. d. N.Z. Government Debentures — 4J per cent. Inscribed, 7 ' g • 44 pcu cent. Inscribed, ' . 1033 • • 07 - 5 © ~ ' 4!i per cent. Bonds, * lo:;a 97 12 6 1 '> nor cent. Bonds, - i 3a .j . .. .. 97 10 0 - oi per - cent. Bonds, mi .. •• 97 15 0 ~ 51 per cent. Inscribed, 1932 .. 99 10 0 5i orr cent. Inscribed, ]033 ~ .. j — 93 10 jk per cent. Bonds, J933 and 1936 ..09 -6 5.1 per cent. Inscribed, 1036 - - .. 99 0 0 99 5 0 Otlicr Debentures— Kortli" Canterbury Bospital, Si* pe. cent , . 1932 •• - 6 iNorth Canterbury Hospital, 5J per cent., 1040 -• •• - »10 0 Christchurch Drainage, 52 per cent., 1938- .. .. 99 10 0 Glaxo. Go pfi.r cent., 1045 •• ' 85 0 0 92 10 0 Banks — Aust. of Commerce .. 0 13 10 Ob 6 Australasia •• 9 ' ® •? ® Comm. Bruk of Aust 0 14 3 0 H 4 Comm. of Aust. (prcf.) o 7 6 .> 17 G Comm. of Sydney .. !■> JO 0 15., S., and A. , •• 3 17 0 J 19 6 National of Australasia f£lo x>aid) •• 9 IS 0 National of Australasia (£3 paid) .. .. 4 10 0 4 17 0 National o£ .. 4 13 6 4 18 6 New South "Wale* 24 10, 0 -a 0 .0 I\ T ew Zealand .. 2 6 5 2 6 < JN'cw Zealand ("D' Mortgapo (shares) .. 16 6 ' Union of Aust. ... 7 12 0 7 13 0 Insurance—- ■ National' ... •- 0 J' 2 >,. ™ >iew Zealand ~ ; 1 19' 0,2 1 0 /■ South British .2 10 0 2 10 9 Loan and Agency— Christchurch Building Society .. •• Dolgetv and Co. . 6 1 0 6 4 0 Goldsbrough, Mort (cum div.) ' •• 0 19 ® 1 0 S N.Z. Guarantee Corpn. 0 4 9,0 5 >2 United -Building Society 0 13 9 y.Z. Mortgage, Security.. • ■ 1 W 0 , Prozen-Meat—r N.Z. 'ltofrig (ft' paid) 010 1 f» 0 11 3 V'N.Z. Hefrig.-UOs paid) ; 0 3 4 0 3 S ' Coal— •• . . AVastport Gas—. C'l.-ns'li-Uu.rcif . .'. ' 1 ...4,30 ; Chrißtrhu.rch (10s paid) 0 11 6 Timaru • . ■ • • —* 113 Breweries — . Carlton ... •. 10 0.139 Tvnw Zoaland .. .. 1 12 10 1 13 9 Staples 1 12 0 Timaru (5a paid) -- 0 6 6 r lootli3 •• O 1.7 0 O 18 2 Miscellaneous — Allied Motors .. ..001 Amalgamated Wireless (contr.j-. ... -. 0 10 6 6,16 6 Australian Glass (ex div.) .. ... 1 0 0 Beath and Co. 1 0 0 1 3 !i Beath and Co. (Is paid) 0 1 8 0 2 11 . British Tobacco (cum div.) ■■ 1 ,4 0 1 4 .3 Burrip, Philp •• •• 1 35 0 Colonial Sugar .. 33 19 0 35 0 0 IVI.C. (103 paid) .. 0 15 .0 .0 17 0 Evans Atlas Flour .. 1 10 0 1 16 0 Henry Jones Co-op. .. Howard Smith .... ,\1 . S 0 0 8 .0 ! Kauri Timber .. 0 6 0 Jit,. Lrclt'Ccum div.) .. 0 17 10 0 18-2 •NX i)nig Co. 2 9 3 2 11-9 N.Z. Partners' Co-op. (Si pcr icciit. Stock, 1940) .. .. 51 0 0 53 10 ,0 ! N.Z. Farmers' Co-op. (G£ per cent. Stock, 1945) .. .. 50 0 0 North' Cailty. Co-op. Flour .» .. 0 9 0 , 0 12 0 AVilßon's Cement .. 1 35 0 1 15* 6 Wunderlirh .. . 016 080 Woolworths (N.Z.'i, pref. 12 0 14 9 E(-lipso Petrol (15s pel ) —' 0 5 0 Peters' American' Deli-• cncy ... . 0 19 0 Mining—- ■ Cornish Puint .. 0 0 7J 0 0 8 King Solomon .. 0 3 2 0 3 3 Mahalfipawa, .. .. 0 0 7J 0 0 8 Jlahukipawa (prof.) .. 0 0 8J .'0 : 0 10 I Okarito V. .. 090 093 Wailu .. .. 0 15 0 Waihi Grand .function 0 3 2 Golden Point, (10a pd.) 0 15 6 0 16 2 Golden Point (lOld pd.) 0 17 0 1 S North Broken 11:11 .. YESTERDAY'S SALES. CHRISTCHURCH. Sales on 'Change—- £ a. d. Commercial Bank of Australia. ... ... 0 14 8 Bank of New Zealand ... 2 6 6 New Zealand Breweries (2) 1 12 10 King Solomon ... (2) 0 3 4 Okarito ... ... 092 Golden Point (10s paid) ... o](j 6 0 16 !t 0 15 9 , > 0 15 6 Westport Coal ... ... 14 0 Sales Reported— Union Bank of Australia ... 7 0 Mt. Lvell (cuip div.) ... 0 IS 4 WELLINGTON. Sales Reported—- £ s. d. Bank of New. Soutli Wales 34 17 g Christchurch Gas Co: ... 1 5 0 N.Z. Breweries ... ... . 1 12 9 Colonial Sugar Co. (2) 33 17 g 5* per cent. Stock, 1933 ... 99 2 6 Mount Lyell Mining (cum div.} * ... ... . 0 18 6 ■

AUCKLAND. Salefi on 'Change—- & a d Auckland Harbour Board, 1943, 5$ per cent. .. 97 10 0 National Bank-of New Zealand -• 4 15 0 Bank of New Zealand .. 2 6 5 ,266 N.Z. Insuranco .. 2 0 0 South British Insurance (2) 210 6 N.Z. Breweries .. 1 12 9 Farmers' Trading . .. 0 6 8 King Solomon (2) 0 3 3 "\Vaihi Granrl Junction .. 0 3 4 Mount Lyell .. .. 0 IS 3 DUNEDIN. Sales on 'Change—- £ s. d. Okarito , (4) 0 9 2 King Solomon ... 0 3' 3 Sale a Reported— N.Z. Rofrig. (confc.) ... 0 3 7 Mt. Lyell (cum div.) ... 018 6 I'addv's Point (2) 0 211 Okarito ... ... 0 9 3 AUSTRALIAN STOCKS. LONDON QUOTATIONS. (UKITED rKK3S ASSOCIATION" —BT ELECTJIIC TELEGRAPH— COPiBIGUT.) (Received Juno 24th, 5.5 ,p.m.) LONDON, June 23. The Stock Exchange is quieter, and British funds eased slightly, but Australian Blocks hardened further. Dealings were as follows: £ s. d. Commonwealth, 5 per cent. 7.1. 10 0 Commonwealth, 6 per cent. 84 0 0 Victorian, 3 per cent. .. 51 0 0 Victorian, 5 per cent. .. 68 30 0 Victorian, 4} per cent. .. 62 0 0 New South Wales, 4 per cent. 64 0 0 New South Wales, , 3i per cent. .. 48 10 0 New South Wales, 6J per cent. .. 75 0 0 Queensland, 5 per cent. .. 60 10 0 LONDON SHARE MARKET. (Ueceivcd June £4th, 5.5 p.m.) j LONDON, June 23. j Quotations on the Eoyal Exchange ' are:— & b. d. Bank of: Australasia .. 8 5 0, Baiik of New South Wales .21 10 0 Union Bank of Australia .. 6 8 9 National Bank of New Zealand .. .. 4 2 6 Bank of New Zealand (-1 per cent.) .. .. 94, 0 0 Bank of New Zealand (shares) .. .. 2 10 0 Loan and Mercantile (4 per cent, debentures) .. 65 10 0 Loan and Mercantile (ordin- | ary stock) .. .. 16 00. BUILDING SOCIETY'S YEAR. The eleventh annual report o£ tbo Wellington Co-operativo Building Society, to April UOthf states the financial depression is .responsible for a slight reduction in receipts for,last year,' and in some cases, where real hardship haß been proved, the directors have authorised .Kuspensioa of payment of subscriptions for six months. Withdrawals of subscriptions, however, were less by £575 13s 9d during- the past financial year than they were during, the previous year. Members in need of money for immediate necessities borrowed i'269l'lOs on the Becurity of their shares. "Taken on tho whole, members havo kept up their payments surprisingly well both'for eubsnriptions and repayments of loans," statu "the directors. During the. year a dividend of" £3 per share w»3 paid to members of group No, I, 1 and there still remains a halance of realised profit amounting to nearly £2 per share. The profits in the other groups show 1 a satisfactory -lifcreate. The total--amount advanced on mortgage to mem* hers of all groups to the end Of the financial year was £163,845, including premiums, of which £51,828 has been repaid, leaving a halunce of £112,017. The total amount loaned to members on security of their subscriptions amounted to £5248 at .the .of <li® year. All securities offered by members 'for loans have been carefully acrutihi.=etl, and those accepted show .a safe margin. Messrs George and Wright retire from ■ tha directorate and offer themselves for re-elec-tion. ■MrGh S. Davidson is als6 a candidate. CLEARING SALE. Jones, XlcCrostio Co., Ltd., lield a successful clearing salo f on Tuesday on account of Mr -A. J. Diaclc, on the premises, Hamil* ton avenue, Fendalton. The following wer# amongst the prices realised.:'—>Pwno £3O, chosterlleld suite £2O, carpet £B. china cabinet £6 10s; occ.' table £3 10s, dining chairs £5 B.s, dnchessft chost £5 55,-ditto £3. carpet £5 fis, ditto £4 10s, hand sowing machine £B, dining table £5, buffet £5, gramophone £lO 10s, hand electric vacuum £2 ss. bedstead complete £5 2s 6d, AVilton Tug 32s 6d, fjuilt £2, bedstead complete £5 Is 6d, duchesse £3, 2 seagrasß chairs £3 10s, piano stool £2 7s 6d, waterproof sheet £2, golf clubs £5. tennis net £4, ladder £2 10s, lawn mower £H, Planet Jun. £2 2s 6d, firewood £4 35.% 11059 22b fid. Shorthorn cow £ll.,

CITY MARKET

H. C. Smith, of the City/Market, h«ld two auction sales on account of Mrs Clarke, Seckenham, and Mr Ashby, ICaiapoi. The following wero the principal prices:—Two lawn mowers 37s '6d and 18s Cd. 2 sewing machines (box top) 22s 6d and 355, colonial couch 255, table-cover 2os, 2 chairs 30s, mattress £2 2s, linos, to 40s room. 4 chairs 50s, sideboard £4 15s, 2 tub chairs 32a 6d, wardrobe £3, sideboard £5, duchesse 265, hose 18s 6d,_ jnm 425, oak ex. table £4 ss, carpet 45s', do. £B, wardrobe 555,' 2 duchesses £3 10s, hall runner £2 12s 6d, hall stand 20s, 4 clocks 15s to 29b, oak duchesse £5 ss, d bed and mattress £3 15s, couch 20s, jardinieres to 15s, pictures 6fl 6d to lis, 'oak secretaire £4 7s 6d, settee 50s. 2 chairs £3, oak occ. table s(>s, chesterfield 50s, k. table 20s, arm chair 255, linen £8 3s Cd, books 4,7s (id, 4 chairs BBs, hearthrug £3 2s.