CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVIII, Issue 20550, 19 May 1932, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. The bulk of the recorded dealings on call yesterday were in shares in the banking, insurance, and gold mining groups, and prices generally were maintained at recent levels. Transactions, exclusive of vestibule business, were:— £SOO N.Z. Govt. 5$ per cent. Inscribed, Feb., 1937. 600 Commercial Bank of Australia. 25 E., S., and A. Bank. 40 National Bank of New Zealand. 100 Bank of New Zealand (cum div.). 200 New Zealand Insurance. 50 South British Insurance. 200 Goldsbrougli, Mort. 100 New Zealand Breweries. 100 Wilson's Cement (late sale 17th) (cum div.). 300 Golden Dawn. 500 Mahakipawa (pref.). 100 Okarito (cum divl). New Zealand Government ;3i per cent. Stock due February, 1937, had dealings at £9B 17s 6d. Commercial Bank of Australia shares were fractionally weaker with dealings at 13s Bd, 13s 6d, and 13s 9d, market closing 13s 6d buyers, 13s 7d sellers. E., S., and A. Bank shares had business at £4 2s, market closing £4 Is 6d buyers, £4 3s" 6d sellers. National of New Zealand moved up to £3 5s 6d, buyers staying in at that price, sellers at £3 6s. Buyers of Bank of New South Wales cum dividend raised their bids to £25 7s 6d, sellers at £25 15s. Bank of New Zealand cum dividend were firm £tt 445, and there were further buyers at 44s Id, sellers at 44s 4d. Union Bank of Australia buyers again moved up to £6 los, sellers at £6 17s 6d. Miscellaneous. Now Zealand Insurance changed hands at 35s lOd and 86s, and these were buyers' and sellers' closing quotes respectively. South British advanced to 47s Bd, sellers staying in at that price, buyers at 47s 6d. Goldsbrougli, Morts wore steady at 22s 3d, market closing 22s 5d buyers, 22s 8d sellers. Buyers of Auckland Gas moved up to 21s 3d, sellers at 235. New Zealand Breweries were frae.tion.illy firmer at 24s lid, closing quotations 24s 8d buyers, 25s 7d sellers. Buyers of Tooths Brewery shares again raised their bids to 23s 6d, sellers at 23s 9d. Buyers of British Tobaccos advanced' their offers to 27s sd, sellers at 27s 7d. Sellers of Howard Smiths reduced their limits to 6a 9d, but buyers were reticent. A late sale of Wilson's Cements, cum, dividend, on Tuesday was reported at 26s 9d. Golden Dawn were fractionally firmer with dealings at 5s 9d, 5s lOd, 5s lid, and 5s 11-Jd, closing quotations 5s 9d buyers, 5s lid sellers. Mahakipawa preference remained unaltered at 6d, and there were further sellers at that figure, buyers at s|d. Okaritos cum dividend were steady at 9s 4d, closing quotations Id on'either side. LATEST QUOTATIONS. Buyers. Sellers. £ it. d. £ 9. d.

YESTERDAY'S SALES.

SYDNEY STOCK EXCHANGE. Normal business wax transacted on the Sydney Stock Exchange yesterday, although there was. a further slight shading of prices, which were still considerably above those ruling last week, reports a Press Association cable mes-. sage. '/•

MELBOURNE.

METALS MARKET. (UKITJSP PUJBSS ASSOCIATION —BY ELECTBIC TBLEGRAPH-COP'XiIIQHT.)

N.Z. Government Debentures— 4i per cent. Inscribed, 1038 .. 4fc per cent. Inscribed, 1939 4i per cent. Bonds, 1S3S ■14 per cent. Bonds, 1039 >' 5J per cent. Inscribed, V : 1951 .; ; .. 5J per cent. Inscribed, 1937 .. .. 5i per cent. Inscribed, 1933 5J per cent. Inscribed, 1941 j>i per cent. Inscribed, 1933 .. .. 5Ji per cent. Inscribed, 1936 per cent. Bonds, 1936 5J per cent. Inscribed, Feb., 1937 5* per cent. Bonds, Feb., 1937 SJ per cent. Inscribed, Sept., 1937 5J per cent. Bonds, Sept., 1937 92 7 92 7 92 10 92 S 98 0 95 0 97 10 93 0 98 10 98 15 98 10 98 12 98 12 93 15 6 95 0 6 — 0 — 0 —. 0 98 6 0 98 0 0 98 15 95 : 5 0 100 10 <r — 0 — 0 — 6 — 6 — 0 99 10 0 0 0 0 0 0 0 Other pebentures— Dunedin City, 5£ per ocnt„ 19ij4 North Canterbury Hospital, !>J per cent., 1940 Lyttclton Harbour, 5J per cent., 1933 99 0 97 0 99 0 0 100 0 0 98 10 0 — 0 0 Banks— Australasia Comm. of Aust. Comm. of Aust. (pref.) E., S., and A. National of Australasia (£10 paid, cum div.) National of N.Z. New South Wales (cum div.) .. New Zealand (cum div..) Union of Aust. 8 15 0 13 6 3 4 1 9 15 . 3 5 25 7 2 4 G 15 0 6 6 6 0 6 6 1 0 0 13 4 3 3 6 25 15 2 '4 6 17 7 6 0 .0 4 6 Insurance — National .. ... New Zealand .. South British Standard 0 10 10 1 15 10 2 7 6 1 18 0 0 11 1 16 2 7 2 5 4 0 8 0 Loan and Agency— Dalgety and Co. (ex div.) Goldsbrougfa, Mort N.Z. Guarantee Corpn. United Building Society. Permanent Investment 6 17 1.2 0 3 0 13 0 5 11 6 7 4 1 2 0 4 0 14 9 0 0 8 2 6 0 Shipping— P. and 0. Deferred Stock .. Union (prof.) 0 15 0 18 0 3 1 0 0 Frozen Meat— N.Z. Refrig. (£1 paid) N.Z. Refrig. (10s paid) 0 10 0 3 9 10 0 11 0 4 3 2 Woollens— Kaiapoi (17s paid) Mosgiel .. ... 6 0 0 0 7 7 0 0 0 Coal— Westport-Stockton (ord.) Westport-Stockton (pref.) Gas0 0 0 0 6 9 0 0 0 1 10 0 Auckland Ashburton Christchurc'u Clxristchurch (10s paid) Wellington (pref.) Breweries— 1 1 3 15 J 4 0 11 0 13 6 7 3 0 13 0 7 8 6 1 4 10 Carlton New Zealand .. Staples .. .. Tooths Miscellaneous— 1 6 1 4 1 3 1 3 0 8 0 6 1 10 1 5 1 5 1 S 0 7 0 9 Allied Motors Amalgamated WireleES (contr.) Australian Glass (cum div.) Beath and Co. British Tobacco Colonial Sugar Dunlop Perdriau Rubber .. . r Electro. Zinc (pref.) Henry Jones Co-op. (cum div.) Howard Smith Herald and Weekly Times Mt. Lyell N.Z. Drug Co. N.Z. Farmers' Co-op. (6§ per cent. Stock, 1940) North Canty. Co-op. Flour Victoria Nyarvza Sugar Whifcombe iiTid Tombs Wool worths J (new fully paid) i Wunderlich ' •• Zealandig, Sqap k« 0 0 0 12 1 13 0 18 1 7 38 2 0 10 0 19 1 5 1 19 0 17 2 4 34 10 0 11 0 15 2 10 0 6 0 s 1 6 6 0 5 6 9 6 6 9 9 0 ■0 0 0 6 0 10 0 17 7 40 0 0 0 10 11 10 3 16 6 0 6 9 0 17 6 •2 7 9 40 0' 0 2 14 6 14 0 0 13 6 0 5 0

Buyers. Sellers. £ s. d. £ 8. d. Mining— Alexander 0 15 6 1 a o Cornish Point 0 0 2* 0 0 3i Golden Dawn ., 0 s 9 0 5 11 Golden Point .. 0 0 54 0 0 6 King Solomon . • 0 1 0 0 1 2 Mahakipawa 0 0 6i 0 0 5 Mahakipawa (pref.) 0 0 0 0 6 Okarito (cum div.) 0 9 3 0 9 5 Waihx 0 15 2 — Waihi Grand Junction (cum div.) 0 3 0 0 4 3 Blackwater 0 8 0 — Consolidated 0 3 0

CHRISTCHURCH. Sales on 'Change— £ s. d. Commercial Bank of Australia . • (2) 0 13 6 New Zealand Insurance .. 1 15 10 South British Insurance .. 2 7 8 Goldsb rough, Mort (2) 1 2 3 Golden Dawn 0 5 9 0 5 10 (2) 0 5 11 0 5 111 Mahakipawa (pref.) 0 0 G Okarito (cum div.) 0 9 4 Sales Eeported— Commercial Bank of Australia 0 13 8 0 13 !) E., S., and A. Bank 4 2 0 National Bank of New Zealand 3 5 6 Bank of New Zealand (cum div.) o 4 0 New Zealand Breweries .. 1 4 11 Wilson's Cement (late sale 17th) (cum div.) 1 6 9 New Zealand Insurance .. 1 16 0 5 J per cent. Inscribed, Feb., 1937 98 17 6 AUCKLAND. Sales on 'Change- £ d. Bonds, 1937, 5>} per cent., Sept. 98 10 0 Stock, 1937, 5 1-8 per cent. 96 10 0 Commercial Bank (2) 0 13 9 Bank of New Zealand 2 4 3 Farmers' Co-op. "B" Pref. 0 11 0 Auckland Gas l' 1 0 South British 2 7 6 Moturoa Oil 0 3 3 Golden Dawn 0 5 n 0 6 0 Okarito 0 9 4 Alexander Mines 0 16 0 Consolidated Gold 0 3 7-} WELLINGTON. Sales Reported— £ s. d. 44 per cent. Bonds, 1939 .. 92 15 0 Bank of New Zealand (2) 2 4 0 Cum div. 2 4 3 Bank of Australasia 9 7 10 Union Bank of Australia .. G 15 6 N.Z. Drug Co. 2 6 6. DUNEDIN. Sales Eeported— £ s. d. N.Z. Refrig. (paid) 0 11 0 N.Z. Paper Mills (cum div.) 0 19 0 King Solomon 0 1 1 Mahakipawa 0 0 4*

Morning Sales— £ s. dCommonwealth Bonds— 4 per cent., 1938 94 15 0 4 per cent;, 1941 90 10 0 4 per cent., 1947 88 5 0 4 per cent;, 1950 88 5 0 4 per cent., 1953 88 7 fi 4 per cent., 1961 87 12 6 Commercial Bank of Sydney, New Zealand delivery 16 10 0 16 12 « Bank of New South Wales 28 2 6 Union Bank 7 15 0 British Tobacco 1 11 4* Goldsbrough, Mort 1 £5 3 Closing Sales— Commercial Bank of Sydney 16 10 0 New Zealand delivery 16 10 0 Bank of New South Wales 27 17 6 Union Bank 7 15 0 Colonial Sugar 44 12 6 United Insurance 7 5 O Australian Gas A. 5 13 6 Burns, Philp 2 0 3 British Tobacco, New Zealand delivery 1 11 3 Dunlop Pcrdriau . 0 123 Goldsbrough, Mort 1 5 3 Tooth's Brewery 1 7 U Tooliey's Brewery 0 1774 Broken Hill Proprietary .. 0 16 3 North Broken Hill 3 1 9 South Broken Hill 2 1 6 Commonwealth Bonds— 4 per cent., 1938 94 13 9 4 per cent., 1941 90 13 9 4 per cent., 1944 89 5 0 4 per cent., 1950 88 7 6 4 per cent., 1953 88 7 6 4 per cent., 1957 87 10 0 4 per cent., 1959 87 10 0

. £ s. a. North Broken Hill .. 3 1 3 %

(Received May 18th, 9.30 LONDON p.m.) May 17. Quotations:— May 12. May 17. per ton. per ton. Copper— £ s. d. £ e. d. Standard, spot .. 23 9 4-5 28 6 3 Forward .. •• 29 11 104 23 10 0 Electrolytic •. 33 15 0 3*2 15 0 to • ■ .. 34 15 0 33 15 0 American electrolytic: 5.375 cents per lb. bars • • 34 15 0 33 15 0 Lead — Spot •• 10 16 3 10 13 9 Forward .. .. 11 2. 6 11 1 3 Spelter— l Spot •• .. 12 7 (i 12 8 9 Forward .. ..12 13 'J 12 15 0 T •• .. 121 2 6 119 2 6 Forward .. •• 123 2 6 121 3 9 Silver — Standard,- per oz. 17gd 17 5-16d. Fine, per oz. •• 18Jd 18 ll-16d