CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVIII, Issue 20625, 15 August 1932, Page 10

CHRISTCHURCH STOCK EXCHANGE.

SATURDAY'S TRANSACTIONS

There was a moderate turnover on call on Saturday, and price levels generally were well maintained. Transactions, exclusive of vestibule business were : £2OO Christchuwh Drainage Board, ni per cent., 1965. ]OO Comm. Bank of Aust, 300 Bank of New Zealand. 300 Huddart Parker. 100 N.Z. Refrig. (£1 paid). 700 N.Z. Kef rig. (10s paid). 300 N.Z. Breweries. 200 Mt. Lyell. 1500 Golden Point. A parcel of Christchurch Drainage Board 5A per cent. Debentures, due 1965, changed'hands at par. Commercial Bank, of Australia shares remained unaltered at 13s 8d and there were further sellers at that price, buyers at 13s 7d. Buyers of the preference moved up to £6 17s, sellers firm at £7 ss. Bank of New Zealand recovered to dealings at 465, 46s 2d, and 46s 3d, buyers staying in at the highest price, sellers at 46s 4d—the "D" Mortgage shares claimed buyers at 275, but sellers were reticent. Miscellaneous. Buyers of Standard Insurance shares, cum dividend, raised their bids to 42s 6d.without attracting sellers. Goldsbrough Morts were firmer on buyers' offers 23s 9d, sellers at 245. Huddart Parkers hardened to 275, closing quotations 3d on either side. New Zealand Refrigerating fully paid shares had business at lis 4d, market closing lis 3d buyers, lis 9d : sellers—'■the 10s paid shares relapsed to 4s 3d, buyers staying in at that figure, sellers at 4s 4d. Auckland' Gas shares had improved demand at 21s, sellers at 21s 63. Buyers of Christchurch Gas shares moved up a couple of points to 24s 4d, sellers at 24s 9d. Tooths Brewery shares rose 6d to 27s 6d, and more were wanted at that figure, sellers at 27s 9d. Quotations for Colonial Sugars, Dunlop Rubbers, and Electrolytic Zincs revealed firmer markets. Mt. Lyells were steady with dealings and further buyers at 19s Cd sellers at 19s 7d. Buyers of Taranaki Oils advanced their offers to Is 4d without attracting sellers. Golden Points remained unaltered at 7d and there were further sellers at that price, buyers at 6-3 d.

LATEST QUOTATIONS. Bnyeis. Sellers. £ s. d. £ s. U. N.Z. Governm yit Debentures — •J! per i-enl. Inscribed, las.) .. .. E3 0 (J •jj |>im tini. Inscribed, 10ui .. M o U per cent. Inscribed, I ia-",7 .. .. 93 0 0 3.;. per c< nt. Inscribed and Bonds, 1933 .. 98 10 0 o'. ■ per cent. Inscribed, j __ Sent., 1987 .. 10J 5 0 101 10 0 oj per cent. Bonds, ! Sept., 1937 .. 101 10 0 ok i>er cent. Bonds, Vol. ltT-JT .. 101 15 0 Other Debentures—- , Christchurch Drainage, 5J per ,-ent., 1965 ... Banks — Australasia .. 9 10 0 9 13 0 Comm. of Aust, .. 0 13 7 0 13 8 Comm. of Aust. (pref.l 6 17 .0 7 5 0 R.. S., and A. 4 16 4 3 0 National of Australasia ■ (£lO paid) .. 10 30 0 11 15 0 National of Australasia ••■ (£5 paid) •• .. 3 10 .5 5,0 .National of N.Z. . 3 8 0 3 10 0 New South Wales (cum div.) "■«'.. .. 26 12 G 27 0 (V Now Zealand .. .. 2 6 3 2 6*4 ■ Now Zoaland (U Mortgage shares) .. 17 0. Union of Aust. .. 7 0 0 7 3 0 Insurance—"New Zealand .. ... 2 0 '2 2 0 9 •Smith -British ;v 1 15 0 2 18 0 Standard <cum div.) ■ .. 22 6 Loan and Agency — Dalprety und. Co. .. 7 3 0 7 10 u GoldsbYough, Mort .. 1 3 .9 14 0 V.Z. Guarantee Corpn. 0 4 8 0 5 3 Shipping — Huddart-Parker .. 16 9 17 3 P. ami O. Deferred Stock .. .. 0 17 3 1 1 6 Frozen Meat— Canterbury (ord.) .. 4 10 0 Canterbury (pref.) .. 4 0 0 5 0 0 Gear . ... 1 12 0 N.Z. "Rofrig. (£1 paid" 0 11 3 0 11 9 N.Z. Ksfri-r. (10s paid) 0 4 3 0 4 4 North Canty. Freezing 0 2 6 Woollens —= Mosgicl >'.; ..: ..GOO ' Coal , Orev Valley ■'.. .. 0 14 0 Westport ._,.. ... .. •. G 12 S Stockton (ord,) .. 0 0 6 ' Stockton (prefi) /.. 0 0 8 —. ■ Gas — Auckland .. ' .. 110 116 Christchurch .. 144149 Christchurch (10s paid) 0 11 5 0 12 0 Breweries — New Zealand .. .. 13 5 1.5 4 Tooth's ... .. 1 7 d 17 9 Miscellaneous — Allied Motors ... .. 0 12 Amalgamated Wireless • (contr.) .'. .. 0 19 3 Australian Glass .. 1 16 0 1 18 0 British Tobacco .. 1 S 6 19 6 Colonial Super .. 43 5 0 45 0 0 Dunlop Rubber .. 0 11 9 0 11 11 Kleclro. Zim (ord.) .. 0 14 3 0 14 6 Hlectro. Zinc (prcf.) .. 110 13 0 Henry Jones Co-op. .. 19 0 1 10 0 Howard 'Smith .. 0 10.0 Moturoa Oil .. .. 0 13 0 5 0 Milbunv Lime - ..150 Mt. Lvcll .. .. 0 19 6 0 19 7 N.Z. Drug Co. .. 2 13 0 . N.Z . Fanners' Co-op. M.\ rjer cent. Stock, 1940) .. .. 40 0 0 52 0 0 N.Z , Farmers' Co-oid. (4i per cent. Stock, 1945) .. .. 40 0 0 N.Z. Paper Mills .. 10 0 Taranaki Oil .. 0 14 Victoria Nyanza Supar 0 17 0 Whitcombe and Tombs 2 110 2 15 0 Wilson's Cement ... 1 8 9 1 II) a Woolworths (N.Z.), pref. 15 6 16 3 Woolworths ' (new, fully paid) ;.• '.'.133 160 Mining — Cornish Point " : ... 0 0 0 0 2J Golden Dawn .. .. 0 4 11 0 5 3 Golden-Point .. .. 0 0 ■ 6i 0 0 7 • Golden Sands (Is paid) 0 18 0 2 0 King Solomon \. 0 15 0 1 8J Mahakipawa .. .. 0 0 8J 0 0 4 Mahakipawa (pref.) ..0 0 4J 0 0 6 Paddy's Point .. 0 4: 0 0 5 0 Gillespie's Beach 0 0 1J 0 0 2 >, . disc. prem. .& a *| „ ... 0 15 10 0 16 1 waini Grand Junction o'2 7 0 3 3 Blackwater .. .. 0 12 0 0 13 3 Waitahu .. ..-003 001 disc. disc. SATURDAY'S SALES. CHRISTCHURCH. Sales on 'Change—- „ :' ' ' £ ■ s. d. Comm. Bank of Aust. .. Q 13 8: Bank of New, Zealand. .. 2 6 0 ' 2 6 2 (2) 2 6 3 N.Z. Rofrig. (£1 paid) .. 0 11 4 N.Z. Kefrig. (10s paid) (4) 0 4 3 Tooths Brewery .. 17 6 Mt Lyell * (O) 0 19 6 Golden Point (2) 0 0 7 Sales Reported — Huddart Parker .. 1 7 0 Christchurch Drainage, 5A percent, 1965 . ," 100 0 0

AUCKLAND. Sales on 'Change—- £ s. d. Five and a half per cent. Bonds, February, J. 937 101 7 6 Fire and a half per cent. Stock, 1936 ... 99 0 0 E., S., and A. Bank .... 4 2 6 Bank of New Zealand (D mortgage shares) .-• 1 7 6 Union Bank (Melb. Keg.) 7 0 6 New Zealand Insurance ... '2 0 3 New Zealand liefrig. (cont.) 0 4 5 WELLINGTON. £ s. d. Sales Reported — New Zealand Insurance Co. (2 sales late Friday) ... 2 0 3 Huudart-Parker (late Friday) ... ...17 3 SYDNEY STOCK EXCHANGE. The following sales were reported on the Sydney Stock Exchange on Saturday morning:— £ s. d. Commonwealth Bonds--4 per cent., 1938 ... 99 12 6 4 per cent., 1941 ... 99 7 6 4 per cent., 1947 ... 99 11 3 4 per cent., 1953 ... 98 5 0 4 per cent., £lO Bonds, • 1938 9 S 0 Bank of Australasia (New Zealand delivery) ... 11 1 0 Bank of New South Wales 29 18 6 Colonial Sugar (New Zealand delivery) ... 48 15 0 Winchcombe, Carson ... '1 2 105 Goldsbrough, Mort ... 1 6 10} Broken Hill Proprietary ... 018 10} Australian Glass ... 2 10

VALUE OF STOCKS FALL SLUMP IN WALL STREET. (VHITMJ PRISS 48S0CUTIOB—»» ; IL»CT*IC (Roccired August 14th, 5.5 p.m.) 3VEW YORK, August 12. Tbe heaviest barrage of selling that the market has seen foj some time swept the list during the closing hour on .Friday, with extreme net losses of a dollar to fire dollars in the pivotal issues, and more than 12 dollars in some recent speculative favourites. This was accompanied by a drop of more than two cents a bushel in wheat, and a sharp reaction in cotton.' Bonds held fairly firm. Transactions amounted to 3} million shares.

! STOCKS AND SHARES. 1 ' LONDON QUOTATIONS. ■VKITf.E TEESS 49S0CIATI0X — it EIJECTBIO i TELEGEAPH—COPTBIGHT.) i LONDON, August 12. I P. and O. deferred stock is quoted ' at 20s 3d. Jit. Lyell shares—l7s. FOREIGN EXCHANGES. (BRITISH OFKCIAL ' WIHXLESS.) (Eeceivod August 14th, 5.5 p.m.) * KCGBY, August 12. ss r»ic New York, dol. to £l* 4:866 . SMI W7J Montreal, dol. to £1 4.866 4.00J 3.98 Brussels, belgas- to £1 35 "25.12J 25 1-32 Geneva.'fr. to JEI .; 25.23i0 '1.7.W 17.83 i Amsterdam, fl, to 51..12.VX1. 5.67 8.62.^ Milan, lire to '..- -08,48 ; : , . 6Si (573 Lerlin, rciohuiarkeii' *'■■""■■ ' ■"■'' to Xt .. .. /20.43--"/• liSl 14 13-32 kr. to £1 18;15d ;l»/47i 19 35-82 Copenhagen, kr, to £ L i 5.139 'ISJTS 18.75 Oslo, k;-. to £ I '.'. ■ 18.159 19 51 ■»! 19 31-32 Prague, kr. to £1 ... 164.25 :U8 117* Vienna, schgs. to- £1 34.585 "S3 29i . (noife.) (nora.j I-i'eJeingfors, marks to £1 .. 193.28 232 i / 232J Madrid, pesetas to £1 • .. .. 25.2215 43g 43J Athens, drach to £1 375 335 540 l.is!»on, escudos to £1 .. .110 JlO 110 Bucharest, lei to £1 813.fi 585 587^ Belgrade, dinars .. 25.2215 215 215 Rio de Janeiro, pence to milreis .. 5.899 5J 5i Enenos Aires, pence to dol. .. 47.577 nom. nom. Montevideo, pence to doL .. ..51 294 30 Batavia, guilder .. 12.107 8.75 Bombay, pence to _ rupee .. ..18 13 Sranghai, pence to i tael •:;•-..' « ■ 21- 217-16 I Hong Kon?, pence to ' i dol. '-.. J ••'.;.-"'•♦" _-. :■';:; 16f 16 5-32 ! v, . .'■■»'■■.- (nom,) 1 Yokohama, per.ee'to : y«n ~ . ..21.56 1713-16 1711-16 * Determined by price of silver. HIDES MARKET. QUOTATIONS IN LONDON. (CKITBD PSESS ASSOCIATION—BI ELICT«C TELEGSAPH—COPYBJOHT.) (Keceived August 14th, 5.5 p.m.) „. , : LONDON, August 13. Hide quotations aro as follows: DRY SALTED. Queensland, Meatworks— ■ d. 35 to 451b .. .. • .5, 30 lo 401b ..' .. ". 45 25 to 351b .. .. , . 4» 20 to SOlb .. .. .. 4j Xe-n- South WalesAll prices nominal. WET SALTED. Queensland— ) 50 ta 60lb .. ... Si 40 to 501b .. .. ' 31 New South Wales—--50 to COlb .. .. 41 40 to 50lb .. "' 33 Victorian, AbattoirsAll prices nominal. • ENGLISH MARKETS. (Received August 14th, 5.S p.m.) ' v ... , ~ . LONDON, August 13. Friday a closing prices were as follows : Cotton—Spot, o.old; September, 5.42 d. Kubber—Para, 4id; plantation v smoked, 2 <-16d. Jute—New crop, August-September, £l9 15s. Copra—August-September. South Sea, £l3 l<s 6d; plantation Rabaul, £l4. Linseed Oil—£ls 10s. Turpentine—6la.