CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIX, Issue 20806, 16 March 1933, Page 8

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. There was an increased turnover on cpII yesterday, due to heavier dealings in Government stocks. Transactions, exclusive of vestibule business, were : £3OOO New Zealand Government 4» per cent. Inscribed, IyJH. £2OOO New Zealand Government 4§ per cent. Bonds, 19<ie. £7OO New Zealand Government oj Inscribed, 1936. £SOO Now Zealand Government »i per cent. Inscribed., Feb., 1937. 10 Comm. Bank of Sydney. 125 Bank of New Zealand. 500 Huddart-Parker. 100 Now Zealand Breweries. 400 British Tobacco (cum div.). 5 Colonial Sugar. 163 Electroylytic Zinc (ord.). 100 Mount Lycll. 800 Freshford. 100 Lawson's Flat (9d paid).

New Zealand Government 4$ per ennt stock due 1938 changed hands at £9O 17s fid. £97, and £96 15s, market closing £96 10« buyers. £97 sellers: the bonds due 1938 were easier at £9O 15s. Five and a half per cent, stock duo 1936 changed hands at £9B and £9B 10s. closing quotations £97 10s buyers. £99 sellers Five and a half per cent, stock due February 1937 eased i,o £9B 10s, sellers staying in at that price, buyers at £97 ss. Buyers of 51 1901 . stock raised their bids to par without attracting sellers. Commercial Bank of .Sydney shares declined to £ls. market closing £l4 17s Gd buvers, £ls 4s sellers. Buyers of Hank of Australasia shares (cum dividend) advanced their offers to £9 10s without attracting sellers. Bank of New Zealand shares were fractionally (inner at 43s 5d and 43s 4d, buyers slayiu" in at the lower figure, sellers al, "43s 7d. Miscellaneous. buyers of South British Insurance shares raised their bids to 61s 6d, but fellers wanted G2s 3d. Jluddart-Par-kers realised 28s Gd and moro were wanted at that price, no sellers. Sellers of Gear meats came down to 26s 6d. buyers at 22s 6d. Grey Valley Collieries were firmer on buyers' offers 10s, sellers at lis 6d. New Zealand Breweries cased to 27s 4d ami more were offered at 27s sd, buyers at 27s 2d. British Tobaccos (cum dividend) had dealings at 33s Id and 33s and there were further sellers at 33s Id, buyers at 32s lid. Colonial Sugars relapsed to £53 17s 6d, market closing £53 10s buyers. £sl sellers. Electrolytic Zinc ordinary shares were placed at 15s 9d. Mount Lyells were firm at 19s 6d, market closing Id on either side. New Zealand Drugs were firmer on buyers' offers. Gls 6d. Lawson's Flat Gold (9d paid) realised 10Id and more were offered at that r.rice. buyers at lOd. Freshford Gold Dredging changed hands at Is 6d and Is s£<l, sellers staying in at the lower figure, buyers at Is sd. Sellers of Nokomais reduced their limits to 6s, buyers at 5s lOd. Unlisted Stocks. Bell Hooper Cromwell Gold, Limited (Gd paid) remained unaltered at 7jd. One hundred pounds' worth of Investment Executive Trust "B" debentures changed hands at £lO5. market closing £9O buyers, £llO sellers.

SHALE OIL PRODUCTION. TESTS IN TASMANIA. Extensive tests ;ire being mude Of the shale oil deposits in the Mersey River Valley, on tlie north-west coast of Tasmania, and it is confidently hoped that eventually production will be possinle on a large scalo. The Commonwealth Government has made a j£t-anb of money, which wilt Lie spent on a boring programme.

LONDON SHARE MARKET.

BANK AND MERCANTILE STOCKS (UNITEI> PIIESS ASSOCJIATIOIf—BT EI.ECTMC TELEaKAPH—C(/PraiGHT.) (Received March 15,.5.5 p.m.) LONDON, March 14. Banks— , £ s. d. Australasia (ex div.) .. 7]5 0 New South Wales ... 23 12 6 Union of Australia .. .5 15 7-| National of New Zealand 2 10 0 Bank of New .Zealand--4 per cent, bonds ..100 5 0 Bank of New Zealand , shares .. .. 2 0 4$ Mercantile StocksNew Zealand Loan and Mercantile 4 per cent, debentures .. 73 0 0 New Zealand Loan and Mercantile ordinary stock .. . .V 27 10 0

LATEST QUOTATIONS. Buvci 8. fcclle: is. £ s. d. £ s. d. N.Z. Government Debentures — 4 J per cent. Inscribed, 1938 .. 90 10 0 97 0 0 4i per cent. .Inscribed, 1939 90 10 0 97 5 0 4J per cent. Bonds, 1938 9G 10 0 96 17 6 5 per cent, inscribed, 1940 90 10 0 100 0 0 4J per cent, Bonda, 1941 9G 0 0 — ri per cent. Bonds, Duty free, 1937 .. 97 0 0 — 5J per cent. Inscribed, 1937 — 98 5 O 5i per cent. Inscribed, 1941 _ 98 10 0 5\ per cent. Inscribed, 1930 97 10 0 99 0 0 5 1 , per cent. Inscribed, Pcb., 1937 97 5 0 98 10 0 ,'i per cent. Bonds, l?eb . 1937 97 5 0 — 5J per cent. Inscribed, Sept., 1937 — 98 17 6 55 per cent. Bonds, . Sept., 1937 97 5 0 — 5J per cent. Inscribed, 1951 1O0 0 0 — Other Debentures— Waipara County, 5 l per cent., 1959 — 1 100 0 0 N.Z. P.efrig., &h per cent., 1935 92 0 0 9G 10 0 Banks— Adelaide _ 5 15 0 Australasia (cum div.) 9 10 0 _ Coram of Aust. 0 14 2 0 14 7 Cormn. of Sydney 14 17 6 15 4 0 {■'.., S., and A. 4 5 6 4 7 0 National of Australasia (410 paid) 12 2 6 — National of Australasia (£o piiid) _ .. 5 12 6 5 16 0 National of N.Z. 3 6 0 3 8 6. New South Wales 28 10 0 29 0 0 New Zealand .. 2 3 i 2 3 7 Union of Aust. 7 3 0 7 9 0 Insurance— A.P.A. 0 8 0 0 9 1 National .. ... ' 0 15 6 •' New Zealand .. 2 0 6 _ South British 3 1 G 3 2 3 Loan and Agency— Dalgcty and Co. 7 9 9 7 12 3 Christchurch Building Society 9 1 0 11 15 0 Goldsbrough, Mort 1 2 9 1 3 6 National Mortgage (B) 0 15 0 — United Building Society (cum div.) 0 15 3 — Shipping— Ruddart-Parlter 1 8 6 ~ Huddart-I'aiker (pref.i 1 2 0 — P. and O. Deferred Sto^k 0 18 3 - Frozen Meat— Gear 1 2 6 1 fi 0 N.Z. Refrig. (£1 paid) 0 10 3 0 10 6 N.Z. llefrig. (10a paid) 0 3 6 0 3 7 Woollens— Kaiapoi (17s paid) 0 3 B — Kainpoi (prcf.) 1) 4 0 — Mosgicl 7 1 0 — Wellington (old.) 4 15 0 — Coal — Orey Valley 0 10 0 0 11 G West port .. .. 0 11 3 0 11 8 Gas — Auckland 1 0 fi 1 2 3 Chiistchiircli 1 S 9 1 6 6 Obristcliurcti (10s paid) 0 12 0 0 13 0 Breweries — Carlton 1 13 0 _ New Zealand .. 1 7 2 1 7 0 Staples 1 2 5 1 2 8 Tooths 1 14 0 1 14 9 MiscellaneousAustralasian Paper and Pulp 1 11 6 1 13 6 Australian Glass 2 4 I 2 4 G Beath and Co. (ciwi div.) 1 2 6 1 8 0 Beath and Co. 'Js paid, cum div.) .. 0 2 1 . 0 2 G British Tobacco (cum div.) 1 12 11 1 13 1 Colonial Sugar 53 10 0 ol 0 0 Dominion Fertiliser .. 0 9 9 0 10 1 Electro. Zinc (ord.) .. 0 15 7 0 16 0 TCIcctro. Zinc (pref.) .. 1 7 10 1 8 5 Dunlop Rubber 0 16 10 0 17 fi Greater Crystal Palaee 0 13 6 1 2 0 Kami Timber n 10 II II 1! fi Henrv ■'ones Co-op. .. 1 10 fi 1 17 f)

Buyers. Sellers. £ n. d. £ » d. Moturoft Oil 0 3 G 0 4 3 Mount Jjyell 0 10 S 0 19 7 N.Z. Drug: Co. (cum div.) 3 16 3 S 0 N.Z. Farmers' Co-op. (4J per cent. 194fl) N.Z. Farmers' Fe Stock, 42 0 0 43 10 0 vtiliser 0 14 n — N.&. Paper Mills 12 0 18 6 Taranaki Oil 0 19 0 2 8 Victoria Kyaiwa Sugar 0 12 0 — Weeks, Ltd. .700 1 11 9 Wilson's Cement 1 10 3 Whitcombe. und Tombs 2 10 0 — Woolworths (N.Z.) , pref. 1 11 0 1 13 0 Mining— » Alexander (contr.) 0 10 3 0 13 0 Uig Kivev 0 0 10J 0 10 Blackwater 1 0 0 1 0 6 Cornish Point 0 0 1 0 0 3 Consolidated — 0 10 3 Gillespie's Beach 0 13 0 16 0' S 0 Golden Dawn ., 0 2 6 Golden Point 0 0 2" 0 0 3 Golden Sands •0 2 9 0 2 10 King Solomon 0 18 0 1 11 Kawarau -— —' Lawson's Flat (9d pd.) 0 0 10 0 0 10J 0 0 2| Mahakipawa . 0 0 2 Mahakipawa (pref.) . • — 0 0 5 Nokomai 0 6 10 0 6 0 Mount David — 0 4 0 Okarito 0 8 4 0 8 6 Paddy's Point — 0 6 0 Waihi 1 0 5 10 7 Waihi Grand Junction — 0 3 7 Waitabu 0 4 0 0 4 6 Freshford 0 15 0 1 5j

UNLISTED STOCKS. All transactions in 3tocks quoted in the unofficial list are subject to doi lble raw 5 of brokerage and are not quoted on tho official list. Buyei rs. Sellers. £ s. d. £ a i. d. Investment ExecutiveTrust (B debentures) .. 90 0 .0 110 i 0 0 Aofearoa Gold Prospectin- .. ..0 1 3 0 ' 2 6 Bell Hooper (6d paid) .. 0 0 7 0 ' 0 7J British and Foreign Concessions (J6l paid) .. 0 10 0 1 16 0 British and Foreign Concessions (10s paid) .. — 0 17 G Charleston Sluicing; (Gd paid) .. .. 0 0 6 0 l D 11 Central Shotover (fid pd.) O 0 Si 0 0 9 Now Zealand Newspapers 1 1 0 1 5 0 Sun Newspapers .. 0 2 6 0 3 8 YESTERDAY'S SALES. CHIUSTCHURCH Sales on 'Change— £ s. d. N.Z. Govt. 4i per cent. Inser., 1938 9(5 17 (i 90 15 0 N.Z. Govt. 5h per cent. Inscr., 1936 98 0 0 Gomin. Bank of Sydney .. 15 0 0 Bank of New Zealand 2 3 4 New Zealand Breweries .. 1 7 4 British Tobacco (cum div.) (2) 1 13 1 Electro. Zinc (ord.) 0 15 9 Lawson's Flat (9d paid) 0 0 10* Freshford 0 1 ' 0 0 1 5-i Sales Reported— N.Z. Govt, ii per cent. Inscr., 1938 97 0 0 N.Z. Govt. 4i per cent. Bonds, 1938 (2) 96 15 0 N.Z. Govt. 51 per cent. Inscr., Feb., 1937 (2) 98 10 0 Bank of New Zealand 2 3 5 Huddart, Parker 1 8 6 Colonial Sugar 53 17 0 Mount Lyell 0 19 G N.Z. Govt. '51 per cent. Inscr., 1936 98 10 0 British Tobacco (cum div.) 1 13 0 AUCKLAND. Sales on 'Change— £ 8. d. Government bonds, 1938, H per cent, ... 97 0 0 Government bonds, 1939, 4} per cent. 97 0 0 Government bonds, 1937, o'i per cent., February ... 9S 15 0 98 10 0 Government bonds, 1937, 5J per cent., September 98 10 0 Inscribed stock, 1938, 4J per cent. 9G 15 0 Inscribed stock, 1933, 51 per cent. ... 97 7 6 fnecribed stock, 1937, 5i per cent., February 98 7 6 Inscribed stock, 1937, 5i percent., September ... 98 5 0 Bank of New South Wales 29 0 0 South British insurance ... 3 2 0 Huddart-Parker (2) 1 8 6 Colonial Sugar (2) 54 0 0 New Zealand Newspapers 1 1 0 Waihi ... (2) 1 0 8 Mount Lvell 0 19 4

WELLINGTON. Sales on 'Change— £ s. d. Bank of New South Wales 29 0 0 29 2 6 New Zealand Insurance 2 7 0 (First three late Tuesday.) Gear Moat 16 0 Huddart, Parker (ord., ex div.) (2) 18 6 Waihi 10 9 DUNEDIN. Sales Reported— £ s. d. Inscribed Stock; 4£ per cent., 1939 ... 97 0 0 Bank of New Zealand 2 3 6 SYDNEY. On the Sydney Stock • Exchange there •■vas only half a day's business yesterday, the rest of the day being devoted to the members' annual cricket match. Values mostly were steady, as Overseas developments are regardec as more hopeful. Sales: £ s. d. Bank of New South Wates 30 0 0 Commercial Bank of Sydney 15 10 0 Mercantile Mutual Insurance , ... 0 18 0 Tooth's Brewery 1 15 0 Dunlop Per<lriau 0 17 4J Henry Jones 1 17 6 Electrolytic Zinc (pref.) ... 1 9 0 Colonial Sugar 54 17 6 MELBOURNE Goldsbrough, Mort 13 8 WAR LOAN STOCK. (BRITXgJJ OFFICIAL WIUELES8.) (Received March 15, 5.J p.m.) KUGBY, March H. British 3J per cent. War Loan stock is quoted as follows:— £ s. d. Maxell 14 99 5 0 March 11 99 5 0 March 9 99 6 9 March 3 .. .. 99 1 3 February 28 .. 99 5 0 February 27 99 2 6