CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIX, Issue 20862, 23 May 1933, Page 11

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. There was a X' volume of diversified business iw call yesterday, with activity in New" Zealand Refrigerating and gold mitovng shares. Transactions, elusive of vestibule. business, were:— £2OO New Zectiatfd Government 4 per rent. bewds, 1940. 30 National Bzvnk of Australasia (£5 paid, cum div.). 30 National Bank of New Zealand. 150 Bank of New- Zealand. 200 National Insurance. 300 Goldsbrough, iVlort. ' 200 New Zealand' Refrigerating (£lpaid). 1500 New Zealand Refrigerating (10s. paid). 100 Christchurch GaR. 200 New Zealand Breweries. 200 Electrolytic Zinc (ord.). 200 Electrolytic Zinc *<pref.). 200 Mount Lyell. 50 Alexander Mines (13s fid paid). 500 Big River. 100 Blackwater. 1000 FresMord. 500 Lawson's Flat Us paV.d). 300 Okarito. 100 Waihi Grand Junction (cum div.).

New Zealand Government; 4 per cent, bonds, due 1940, were firm at £IOO 10s. National Bank of Australasia £5 paid cum dividend realised £i G, sellers staying in at that price, V:>uyers at £5 IDs. National Bank of. New Zealand appeared weaker, with buyers and business at £3 12a 6d, sellers at £3 15s. Bank of New Zealand, cum dividend, moved un to 45s 6d, and more were offered at that figure, buyers at 45s 3d. Commercial of Sydney were firmer on buyers' offers, £ls 15s, sellers at £ls 17s od. Miscellaneous. National Insurance were firmer at 16s Cd, market closing Kis buyers, lV>s 6d sellers. Goldsbrough, Morts we»e fractionally firmer at 245, sellers staging in at that price, buyers at 23\s lid. New Zealand Refrigerating fully paid recovered to lis 9d and 12s, and; the partly paid to 4s, markets closing firm for both issues. Christchurch Gas had business at 27s 3d, closing quotations 3d on either side. New Zealand Breweries, cum dividend of 3£ per cent., making 7 per cent, for the year, advanced to 29s and 29s 6d, market closing 29s 3d buyers, 30s sellers. Electrolytic Zinc ordinary shares were fractionally firmer at 18s 2d and 18s 3d, and there were further buyers at 18s 2d, sellers at 18s 4d—the preference rose to 31s Bd, and more were offered at that price, buyers at 31s 6d. Mount Lyells were firmer, with dealings and further buyers at 20s 9d, sellers at 21s. Alexander Mines partly paid moved up to 10s 3d and closed firm. Big Rivers remained unaltered at Is sd, sellers staying in at that figure, buyers at Is 4Jd. Blac&waters were firmer, with business at 21s lid, and further buyers at 21s 9d, sellers at 22s od. Freshfords showed an easinp tendency, with dealings at Is 2£d and Is 2d, and there were further sellers at Is 2.] d, buyers at Ud. Lawson's , «, ls P aid were a shade easier at li: SJd, market closing Is 5Jd buyers is 6d sellers. Okaritos advanced to lis and lis 3d, buyers staying in at tne higher figure, sellers at lis 4d. vlaihi Grand Junctions, cum dividend, were fractionally weaker at 3s "".f/osing quotations 3s lOd buyers. 3s Hid sellers. Golden Sands had improved demand at 3s 4Jd, but sellers wanted 3s lid. Unlisted Stocks. Bell Hoopers were firm at IOJd closing quotations Jd on either '

UNLISTED STOCKS. All transactions in stocks quoted in this section are subject to double rates of brokerage and are not quoted on the official list: —

YESTERDAY'S SALES.

SYDNEY.

On the Sydney Stock Exchange yesterday trading fell to a minimum,, due to the influence of the impending Commonwealth loan. Values, however, were generally steady.

MELBOURNE.

LONDON STOCK MARKET. CONFIDENT TONE. (BRITISH OFFICIAL TTHEUSSS.} 'Received May 22, 7.3 p.mji RUGBY, May 20. The stoek markets to-day displayed a confident tone, the result of the German delegate's statement regarding the British disarmament proposals. Movements were mostly upwards. German bonds, 5k per cent., touched £52, and 7 per cent £66. British funds were firm.

LATEST QUOTATIONS. Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debentures- _ 3A p.c. Inscribed 1938-43 .. 99 0 0 — 31. p.c. Inscribed 1938-52 .. 99 5 0 — 3<i p.c. Inscribed 1939-43 and 1939-52 .. 99 0 0 — 4 p.c. Inscribed 1340 .. 100 5 0 — 4 p.c. Inscribed 1946 .. 100 5 0 101 0 o 4 p.c. Inscribed 1949 and 1955 .. 100 7 6 — 4 p.c. Bonds 1940 ,. 100 5 0 100 10 0

Other Debentures— Malvern Electric 6 p.c, 1963 > 96 0 0 105 0 0 Waitaki Electric 52 p.c, 1940 — 102 0 0 Glaxo 6i p.c, 1945 70 0 0 _-, N.Z. Refrig. 6£ p.c. 1935 97 0 0 99 0 0 Westport - Stockton Coal 5i p.c. 1933 CO 0 0 90 0 0 Gisborne Sheepfarmers 6J p.c, 1941 75 0 0 .— Booth, Macdonald 61 p.c, .1937 20 0 0 50 0 0 BanksAustralasia 10 8 6 10 18 0 Commercial of Aust. 0 14 5 0 14 7 Commercial of Aust. (pref.) 8 15 0 8 19 0 Commercial of Sydney • 15 15 0 15 17 6 E., S., and A. .. 4 9 0 4 11 6 National of Australasia (£10 paid cum div.) 12 8 0 — National of Australasia (£ 5 paid cum div.) 5 19 0 6 0 0 National of New Zealand 3 12 6 3 15 0 New South Wales (cum div.) 29 15 0 30 2 6 New Zealand (cum div.) 2 5 3 2 5 6 New Zealand ("D" Mort. shares cum div.) 1 9 9 — Union of Aust. 7 14 6 7 13 6 Insurance— National 0 16 0 0 16 6 Loan and Agency— Christchu rch Building Society 10 10 0 —■ Dalgety and Co. 7 7 0 7 15 0 Goldsbr o u g h, Mort. 1 3 11 1 4 0 National Mortgage "A" 1 14 0 1 18 6 National Mortgage "B" 0 19 0 — Permanent Investment 7 0 0 — United Building Society 0 17 1 0 17 4 Wright, Stephenson and Co. .. 0 G 6 — Shipping— Huddart, Parker 1 9 6 1 10 C Huddart, Parker (pref.) 1 2 0 — Union (pref.) .. 1 2 3 —~ Frozen Meat— Cante r b u r y (pref.) 4 17 6 5 7 6 Gear 1 3 0 —. N.Z. Refrig. (£1 paid) • 0 11 9 0 12 1 N.Z. Refrig. (10s paid) 0 4 0 0 4 1 Woollens — Kaiapoi (7s paid) — 0 1 6 Kaiapoi (pref.) 0 9 6 ~~" Coal — Grey Valley (cum div.) .. 0 13 6 0 16 6 Westport (cum div.). 912 0 PJ2 a

Buyers. Sellers. £ s. d. £ s. d. Breweries*— Monteithts 0 3 6 —. New Zealand ,. 1 9 3 1 10 0 Staples 1 4 9 15 6 Timaru (7s 6d paid) 0 3 2 0 3 8 Toohey's — 12 0 Tooth's M 1 16 6 1 17 3 Gas— Christcburcli .. 1 7 0 17 6 Christchurch (10s paid) 0 13 0 ~ Miscellaneous— Austral asian Paper and Pulp 1 10 6 1 12 0 Australian Glass 2 7 0 2 8 6 Beafih and Co. .. 1 4 0 15 5 Beafh and Co. (IS paid) 0 3 0 0 3 11 Beat'h and Co. (pref.) 1 1 0 15 0 British Tobacco 1 13 9 1 14 3 Colonial Sugar .. 56 0 0 — D.l.C. (10s paid) 0 10 0 — D.I.C. (pref.) .. 0 19 6 —. Dominion Fertiliser 0 10 3 _ Dunlop Rubber 0 16 10 0 17 3 Electro. Zinc Cord.) 0 18 2 0 18 4 Electro. Zinc (pr.eO 1 11 6 1 11 8 Henry Jones Co-op. (cum riiv.) 1 17 0 1 18 0 Herald and Weekly Times 2 15 0 2 18 0 Hume Pipe (Aust.) 0 10 0 0 15 0 Kauri Timber 0 10 3 0 16 0 Milburn Lime .. 1 6 0 — Moturoa Oil 0 2 1 0 3 9 Mount Lyell .. 1 0 9 110 N.Z. Drug Co. .. 3 4 6 3 6 0 N.Z. Farmers' Co-op. 'Vi per cent. Stock, 1940 43 0 0 47 0 0 N.Z. . Farmers' Fertiliser 0 15 0 0 17 « N.Z. Paper Mills <ex div.) 1 6 0 18 0 N.Z. Newspapers (ex div.) 1 4 0 15 9 Victoria Nyanza Sugar 0 13 6 0 16 0 Whitcombe and Tombs 3 0 0 3 6 6 Wilson's Cement (cum div.) 1 11 0 1 11 9 W o o 1 w o rths (N.Z.) pref. .. 1 14 0 1 18 0 W o o 1 w o rths (Sydney rights pref.) .. 0 2 9 0 3 9 Mining— Alex a n d e r (contr. 13s 6d paid) 0 10 1 0 12 6 Big River 0 1 4i 0 15 Blackwater 11. 9 12 3 Central Shotover «(6d paid) 0 0 10 0 0 11 Consolidated .. 0 9 6 o io n Cornish Point 0 0 n 0 0 5 Freshf ord 0 0 11 0 1 2J G i 1 1 e spie's Beach (9d paid) 0 1 5 0 16 Golconda (6d paid) 0 0 6 0 0 9 Golden Dawn 0 1 6 0 2 3 Golden Point .. 0 0 1 0 0 2 Golden Sands 0 3 4-i 0 3 11 Kildare 0 2 0" 0 2 3 King Solomon 0 1 7 , 0 1 82 Nokomai 0 4 8 0 4 10 Mahakipawa .. 0 0 1 0 0 U Okarito 0 11 3 0 11 4 Paddy's Point 0 5 3 0 6 2 Waihi 1 1 9 1 1 11 Waihi Grand Junction (cum div.) 0 3 10 0 3 11| Waitahu (4s 6d paid) 0 6 6 0 7 0

Aotearoa Gold Prospecting 0 1 4 0 2 0 Bell Hill 0 2 0 0 4 0 Bell Hooper 0 0 10 0 0 11 Brian Boru 0 7 1 0 16 0 Charleston Sluicing (9d paid) 0 0 9 0 0 11 Marewhenua (6d paid) 0 0 4 0 0 5| Sun Newspapers 0 2 D — Snowy River .. 0 2 1 0 3 0

CHRISTCHURCH. Sales on 'Changjc— £ s. d. National Bank of New Zealand 3 12 6 National Insurance (2) 0 16 6 Goldsbrough, Mort. (3) 1 4 0 N.Z. Refrig. (£1 paid) .. 0 12 0 N.Z. Refrig. (10s paid) (3) 0 4 0 New Zealand Breweries (cum div.) 1 9 1 9 0 6 Electro. Zinc (ord.) 0 18 0 18 2 3 Electro. Zinc (pref.) 1 11 1 11 8 8 Mount Lyell (2) 1 0 9 Alexander Mines (13s oa paid) •• 0 10 0 1 3 5 Big River *• Blackwater •• 1 1 XJL Freshford •• 6 1"* 0 1 2 Lawson's Flat (Is paid) 0 1 5J Okarito ( 2 > 0 11 0 11 0 3 Waihi Grand Junction (cum div.) 0 3 xjl Christchurch Gas 17" 3 Sales Reported— N.Z. Govt. 4 per cent. Bonds, 1940 100 10 0 National Bank of Australasia (£5 paid, cum div) 6 0 0 Bank of New Zealand (cum div.) < 2 > 2 5 6 N.Z. Refrig. (£1 paid) .. 0 11 9 N.Z. Refrig. (10s paid) .. 0 4 0 AUCKLAND. t Sales on. 'Change- £ s. d. Inscribed Stock, 1955, 4 per cent. 100 5 0 National Bank of New Zealand 3 12 0 Bank of New Zealand .. 2 5 6 Bycroft's (2) 1 15 6 6 Colonial Sugar .. 56 7 Mataki Gold 0 1 8 WELLINGTON. Sales on 'Change— £ s. d. Coram. Bank of Australia .. 0 14 5 Bank of New South Wales 30 0 0 New Zealand Breweries .. 1 9 0 Staples 1 5 0 Colonial Sugar ., 56 5 0 Big River 0 1 5 Gillespie's Beach .. 0 1 5 (All late Saturday.) Bank of New Zealand (2) 2 5 6 Wellington Woollen (pref.) 5 10 0 New Zealand Breweries .. 1 9 3 Farmers' Fertiliser 0 16 3 Consol Goidfields 0 9 7i DUNEDIN. Sales on 'Change— > £ S. d. Freshford 0 1 0 1 2h 2 Okarito (2) 0 11 3 Blackwater .♦ 1 2 0 Sales ReportedNew Zealand Refrigerating (10s paid) t. 0 11 9 New Zealand Drugs 3 5 6 Okarito .. 0 11 3 4 per cent. Inscribed Stock, January, 1940 »< 100 10 0

£ a, i Morning Sales— Commonwealth Bonds— 4 per cent., 1961 •• 103 5 0 Australian Gas • o 7 3 0 Associated Newspapers .. 0 8 5 Associated Newspapers <pref.) .. 0 18 n Dunlop, Perdriau •* 0 17 6 Winchcombe Carson •» I 5 6 Afternoon SalesColonial Sugar •• 57 12 6 Burns, Philp 2 10 0 Associated Newspapers », . 0 8 3 Associated Newspapers ., 0 8 3 (pref.) <•» 0 18 7V Howard, Smith 0 8 10 David Jones 4* 1 5 0 Dunlop, Perdriau «w« 0 17 n Gordon and Gotch, 1 13 0 Australian Gas A •w 7 3 0 Winchcombe, Carson W» 1 5 6 Will cox, Mofflin «tv 0 6 4 South Broken Hill if* 2 13 72 Commonwealth Bonds— 4 per cent., 1933 M 103 8 9 4 per cent, 1941 so 102 2 6 4 per cent., 1944 *» 103 0 0 4 per cent., 1947 tt» 103 7 6 4 per cent., 1953 «• 103 15 0 4 per cent., 1955 104 0 0 4 per cent., 1957 «• 102 12 6 4 per cent., 1961 # 103 5 0

£ s. d. Dunlop, Perdriau .. 0 17 4 Herald and Weekly Times 2 16 9 Electrolytic Zinc .. o 18 5