CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVIII, Issue 20623, 12 August 1932, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS.

Tho outstanding feature on call yesterday morning was the sharp drop in Bank of New Zealand shares; otherwise markets generally were firm at late rates. Transactions, exclusive of vestibule business were: — 700 Bank of New Zealand. 300 New Zealand Refrigerating (10s paid). 200 New Zealand Breweries. 150 Tooths Brewery. 100 British Tobacco. Commercial Bank of Australia shares, ex dividend of 5 per cent., were available at 13s 10d, buyers at 13s 7d. Buyers of E., S., and A. Bank shares moved up to £4 2s, sellers at £4. 2s 6d Bank of New Zealand shares changed hands at 46s 6d, 46s 4d, 46s 3d, 465, and 45s 9d, and there were further sellers at 46s Id, buyers at 4os 6d. Miscellaneous. South British Insurance shares were firmer on buyers' offers, 55s 6d, sellers at 57s 6d. New Zealand Refrigerating 10s paid shares were fractionally firmer with dealings at 4s 4d, and there were further buyers at that price, sellers at 4s sd. Buyers of Carlton Brewery shares advanced their otfers to 20s 9d, sellers at 325. New Zealand Breweries were firm with dealings at 25s 3d, and more were offered at that figure, buyers at 25s 2d. Tooths Brewery shares hardened to 275, closing quotations 26s lid buyers, 27s 8d sellers. British Tobaccos remained unaltered at 295, and there were further sellers at thnt price, buyers at 28s 9d. Buyers pi Electrolytic Zinc preference shares raised their bids to 21s lid, sellers at 22s 3d. New Zealand Drupes had improved demand at 555, but sellers were reticent. New Zealand Paner Mills were firmer on buyers' offers 20s, sellers at 20s 9d. Buyers of nnd Tombs moved up to 50s Gd without attracting sellers. Quotations for other stocks showed littlo variation.

LATEST QUOTATIONS. Buyers. Sellers. £ s. d. & •• <»■

N.r*. CrOvernm«»nt Debentures — 4ft per cent. Inscribed, 0 * 1338 •• ~•• - ab 43, iMonbed, 95 Q 0 0 0 4J r er cent. Bonds, 9C 0 0 5i per cent. Inscribed, _ 1951 •• •• 1U ' Bi per cent. Inscribed and Bonds, 1936 .. 96 15 0 - 5J per cent. Inscribed and Bends, Feb., 1337 .. •• 101 10 0 ~ 03 per <wt. Inscribed and Bonds, Sept., 1537 ■- .. 101 7 6 Other Debentures — Cliristchurch Drainage, 5J per cent., 1860 ~ lw 1" « Malvern Electric, 51 per cent., 1965 " "° w N.Z. Breweries, Bond 3 10 0 N.Z. Eefrig., Ci per" cent., 1935 ■ • " 96 0 O , Golden Point (£0), 8 _ „ per cent. .. ■ -~ ° 1J Booth. Macdonald G.V ... „ per cent., 1937 ■" ° ° Banks — • Australasia .. 930 0 912 6 Comm. of Ausfc. (e* -•»i«ia div.) • • • • OIS 7 018 10 Comm. of Atist. (pref., ex div.) .. 616 0 7 5.0 E„ S., and A. •• 4 2 O 4 2 C National of ' Australasia, _ -. . (£lO paid) -• 10 10 ° ll I 1 ° National of Australasia- • „ (£5 paid) .. •• S 0 0 5 4 0 National of N.Z. « C 0 SlO 0 New South "Wale? (cum dir) .. .. 20 12 C -20 17 C New Zealand .. ..3 5 6 2 C 1 Union .700740 Insurance — Now Zealand . ..200 2 0 6 South British 315 6 317 6 Standard (cum dir.) .. 9 16 Loan and Agency— Goldsbrough, Mort .. ISO 136 N.Z. Guarantee Corpn. 0 4 7 O « 0 United Building Society DUG 913 9 Shipping— Euddart-Parker .. 16 0 17 9 P and O. Deferred Stock . • 017 0 116 Union (pref.) .. 019 6 Frozen MeatCanterbury (pref.) 4 0 0 S_o 0 S.Z. Eefrig. (£1 paid) 011 0 011 10 N.Z. Eefrig. (10? paid) 0 4 4 0 4 5 Woollensi— Mosgiel .. ..600 - Coal—"Weatport ' .. 0 12 5 Stockton (ord.) . • 0 0 6 Stockton. (pref.) .. 0 0 8 0 12 Gaa— Christchurch .. 1 SlO 3 5 0 Christchurch (10s paid) 011 3 011 9 Breweries — Carlton .. ... 1. » 9 J■» ° New Zealanl ... ..152163 Staples ..100 Tooths .. .. 1 611 1 7 8 Miscellaneous— Ainalgamat3d Wireless (contr.) - - 0 18 ° Australian Glass 1 16 6 ■ British Tobacco 18 9 19 0 Colonial Sugar .. 43 0 0 42 17 6 Dunlop Eubber .. 011 6 0 12. 0 Klectro. Zinc (ord.) .. 012 8 015 0 Electro. Zinc (pref.) .. 1 111 1 2 S Henry Jones Co-op. .. 18 6 110 0 Howard Smith .. 0 6 7 0 811 Moturoa Oil .. .. 0 19 0 6 0 Mt. Lyell .. 019 0 019 3 Milburn Limo 14 6 N.Z. Drug Co. .. 2 13 0 N.Z. Farmers' Co-op. (4% per cent. Stock, 1940 and 1945) .. 40 0 0 N.Z. Farmers' Co-op. (4J per cent. Stock, 1939) •■ •• - . 47 0 0 N.Z. Farmers' Fertiliser (cum div.) .. 013 9 015 0 N.Z. Paper Mills .. 10 0 10 9 North Canty. Co-op. Flour .. .. 011 0 Taranaki Oil ' • .. 0 10 Victoria Nyauza Sugar 0 17 b AVhiteombe and Tombs 210 6 ~ Wilson's Cement ..'lB 0 Woolworths (N.Z.). pref. 15 6 16 6 ■\Yoolwortha (new, fully paid) .. ... ■ 1 6 G

Mining — Alexander (contr.) .. o 10 0 Golden Dawn .. 0 4 9 0 6 2 Golden Point .. .". 0 0 CJ 0 0 7 Mahakipawa .. .. 0 0 Si 0 0 4 Alahakipawa. (pref.) .. 0 0 44 0 0 6 King Solomon .'.016 Paddy's Point » ..040053 Okarito , .. 08 10 091 Waihi .. ... 013 11 016 8 Blackwater ■' .. 012 1 013 1

YESTERDAY'S SALES. CHRISTCHURCH. Sales on 'Change—.C s. d. Blank of New Zealand (-2) 2 6 6 2 6 4 (3) 2 6 3 '2 G 0 New Zealand Refrigerating (10s paid 1 ) (3) 0 4 4 New Zealand Breweries (2) 15 3 British Tobacco ... 10 0 Sales Reported — Tooth and Co. i. v" 0 Bank of New Zealand «„ 3 h 9.

AUCKLAND. Sales on 'Change—- £ s. d. 5-J per cent. Bonds, 193*. _ Feb. ... 4} per cenb. Stock, 1939 ... 95 10 0 Waftemata County, 1961-6 96 0 0 Commercial Bank ••• 0 13 ° Bank of New Zealand ... 2 6 0 South British Insurance ... 216 0 fcew Zealand Breweries ... 1 o 3 Australian Glas3 ... ■•• 116 9 Colonial Sugar ... 43 0 0 Electro. Zinc (ord.) ■ 014 3 N.Z. Refrigerating (con.) 0 4 3 Taranaki Oilfields ' ... 0 1 i!{ Wazhi ... ••• 015 11 Mount Lyell ... •■- 019 2 liank of Australasia 9 10 °, WELLINGTON. * s. a. Sales Reported—--4J per cont. Bonds, 193S 95 10 0 5J per cent. Stock, September, 1937 101 ' p Bank of New Zealand ... ~- 6 J National Bank of New Zealand ... - 3 9 2 New Zealand Breweries <2.i i •> C DUNEDIX. Sales Reported—- - x. s. a. Golden Point ... 0 0 ?i Gillespie's Beach... 0 0 Oj disc. SYDNEY STOCK EXCHANGE. On the Stock Exchango yesterday the vast improvement in the State and Commonwealth jrevenue figures gave rise to a belief that budgets would be balanced without further gerere economies. Banks were supported at late rates, but insurance and gas shares showed little change. Commonwealth 4 per cent. Bonds touched & 100, this being the first transaction in these securities at three figures since Australia's internal public debt waß converted to a lower basis. The movement in Commonwealth loan values toward par has proceeded steadily since the political situation became more stable. Melbourne advices also report that Commonwealth loans had trade at par and above par, marking an important stage in the recovery of investment confidence.

Horning Sales—- £ s. d. Commonwealth Bonds--4 per cent, 1938 .. 99 15 0 4 per cent., 1941 . - 99 17 6 4 per cent., 1944 .. 99 12 6 4 per cent., 1950 .. 100 0 0 4 per cent., 1950 -. 98 0 0 4 per cent., 1955 .. 98 1 3 4 per cent., 1957 .. 98 7\ 6 4 per cent., 1959 . . 98 12 6 4 per cent., 1961 ' . - 99 5 0 National Bank .. 514 0 Bank of New South Wales 29 15 0 Tooth's Brewery .. 1 10 9 Toohey's Brewery 0 19 10J Goldsbrough, Mort .. 1 6 3 Winchcombe, Carson .. 1 3 3 Closing Sales — Commercial Bank ct Sydney .. .. .. 16 12 6 Bank of New South "Wales 29 15 0 Bank of New South Wales, New Zealand register 29 15 0 Bank of Australasia, New Zealand delivery .. 11 0 0 "Union Bank of Australia 716 6 National Bank (£5 paid) 514 0 Burns, Philp 2 4 6 Millaquin Sugar .. 16 6 British .Tobacco . . • 1 12 4£ Toone/s Brewery .. 019 7i Tooth's Brewery 1 10 4i Australian Gas A C 11 6 Goldsbrough, Mort 1 6 7} Winchcombe, Carson .. 12 9 Gordon and Gotch .. 1 8 10£ Berlei .. x 1 4 0 Berlei (contr.) .. 0 5 7 Electrolytic Zinc 0 15 7| Mount Lyell .. .. 1 1 §, ■ Zinc Corporation 18 7$ South Broken Hill .. 2 8 6 North Broken Hill 3 5 9 Broken Hill Proprietary .. 0 18 9 Taranaki Oil .. 0 2 0 Commonwealth Bonds—--4 per cent., 1938 .100 0 0 4 per cent., 1941 . . 99 18 9 4 per cent., 1944' . 99 IS 9 4 per cent., 1947 .. 99 16 9 4 per cent., 1950 .100 0 0^ 4 per cent, 1953 .. 97 5 0 4 per cent., 1955 .. 98 5 0 4 per cent, 1957 .. 98 6 3 4 per cent, 1959 .. 98 13 9 4 per cent, 1961 .. 99 5 0 MELBOURNE. £, s. d. Bank of Australasia 11 2 0 National Bank (£5 paid) 514 0 Goldsbrough, Mort .. 16 6 Dunlop Perdriau .. 0 13 5 Electrolytic Zinc (pref.) .. 14 6 "Herald and Weekly Times" 2 12 9 South Broken Hill .. 2 8 3 North Broken Hill .. 3 5 6 Taranaki Oil ' .. .. 0 19

STOCKS AND SHARES.

LONDON QUOTATIONS

(CXITZD PRESS. ASSOCT»T' N .V- >'-Y lILEC i'IUC TZUSOBAfR —COPTWGHT.) (Received August llth 3 .5.0 p.m.) LONDON, August 10. P. and O. deferred stock is quoted at 18s 4*d. Mt. Lyell shares are quoted at 16s 3d. FOREIGN EXCHANGES. (BBITIBH OMICUt. STTRBLXSS.) (Rcceired AugU9t IHK, 5.5 p.m.) KUGBY, August 10. Par. Aug. 9. Aug. 10. Paris, fr. to £1 .. 124.21 88| 89 New York, dol. to £1 4.866 8.47* 3.482 Montreal, dol. to £1 4.866 3.98 4.01 Brusfels, belgaato£l 35 23 1-32 25.124 Geneva, fr. to £1 .. 25.2215 17.81J 19 29-32 Amsterdam, fl. to £1 12.107 8.62* 8.66 Milan, lira to £1 .. 93.43 67| 65J lierlin, reichmarken to £1 .. .. 20.43 14 19-32 14.62S Stockholm, kr. to £1 18,159 19.45 19.50 Copenhagen, kr. to £1 18.139 18.67J 18 23-32 Oslo, kr. to £1 .. 18.159 19 31-32 19 31-32 Prague, kr. to £1 .. 164.23 117 i H7J Yienna, scbgs. to £1 34.565 29 29 (nom.) nom.J Kelsingfors, rcarks to £1 .. .. 193.28 232J 232J Madrid, pesetas to £1 .. .. 25.2213 42S 43 5-16 Athene, drach to £1 373 530 330 Lisbon, escudos to £1 .. .. no no no Bucharest, lei to £1 813.6 585 383 Belgrade, dinars .. 25.2/31:. 212 A 215 Rio de Janeiro, pence to milraie .. 5.895 C 3-1 Go 3-1 C Br.enos Aires, pence to dol. '.. 47.377 nom. riom. Montevideo, pence to dol. .. .. 51 30 30 (nom.) (nom.) Batavia, guilder .. 12.107 Bombav, pence to rupee .. ..18 18 3-32 18 3-32 Shanghai, pence to lae! .. .. ' * 2U Hong £ong, pence, to dol. .. .. • 15 95-9* 16 Yokohama, pence to yen .. .. 24.6« 18% IS •Determined by sric* of «3»es,

METAI^MA^ (CTITED PBBM AMQcxiaw^Wr* (Received August Quotations:— ■ ; t . Copper— : - Standard, «p«i -- «®' Forward .. "5? f a3*is!r * *S|» i ' American electrolytic i i 1S1?" '" "i - ISUrfV. Spelter— -,Vt zsU><:: • :: lAteS? ' - ■ Forward -- " I<o * ■*C%B:*e ' IsSsr* Q&jM ? r " =!. AUSTRALIAN SYDNEY MABKKHK (OTIB) rxws TELEGB4PH--OOm«W ■ (Beceired input 6YPSSyr^gg« meat is riieMly ■nej, 3s 4d: country Floor—£lo 10*. \ , . Bran and Pollard— Potatoes, Tksmanian, ~ 6 bttiom—To £27 10*; Oaten Has' —£7- ' "V,L !»■ li Maize—Tellow: 5a Id, wW .^7' DAIRY PR< ? LONDON • The Ke» Zealand I*aa | Agency Company. Ltd., .na vgOiJLgj j. sage from their London owe* Bl3ay lowing information under , Butter—lo7a. Market v Cheese —White o9s: ™"rSßLonred 55s 6d, o6s; market A. H. Tnrnball and Co- jgjjjjpft ceiDt ot the following »««*H|p|i ""l; London, August 10th. Butter—Danish 110* to finest 105s to 106s, Market firm. , W Cheese —New TUrbfylft' *1 coloured 55s to 565. ■