CHRISTCHURCH STOCK EXCHANGE

Press, Volume LXIX, Issue 20978, 5 October 1933, Page 11

CHRISTCHURCH STOCK EXCHANGE

YESTERDAY'S TRANSACTIONS The outstanding feature on call yesterday was the activity in Bell Hooper gold mining shares, 9d paid. Apart from gold mining shares the bulk of I the dealings were in bank shares, frozen meat, breweries, and Mount Lyells. Prices of some stocks showed an easing. Transactions, exclusive of vestibule business, were:— £2OO Ch.Ch. Drainage Brd. 5$ p.c., 30/9/38-73. 400 Com. Bank of Aust. 20 Bank of N.S.W. 150 Bank of N.Z. 300 N.Z. Guarantee Corp. (cum div.). 200 N.Z. Refrig. (£1 paid). 200 N.Z. Refrig (10s paid). .100 Kaiapoi Woollens (pref.). 100 Carlton Brewery. 350 N.Z. Breweries. 100 Tooheys Brewery. 750 Mount Lyell. 100 N.Z. Farmers' Co-op. (Ist pf.). 300 Wilsons Cement (cum distribution). 400 Alexander Mines (13s 6d pd.h 10,000 Bell Hooper (9d paid). 1,000 Freshford. 500 Gillespie's Beach. 450 King Solomon. 1,000 Lawson's Flat. Christchureh Drainage Board 5? per cent. debentures, due 30/9/38-73, changed hands at £lO3. Commercial Bank of Australia were easier, with dealings at 16s 9d, 16s Bd, 16s 7d, and 16s 6d, and further sellers at 16- 7d, buyers at 16s sd. Sellers of E.. S.. and A. shares reduced their limits to £5 19s. Bank of New South Wales changed hands at £34 12s 6d, buyers staying in at that price, sellers at £34 15s. Bank of New Zealand shares showed recovery, with dealings at 46s 9d and 475, and further buyers at 47s 6d. New Zealand Guarantee Corporation shares were firm, with dealings at Ss Id and Bs. New Zealand Refrigerating shares were firm, with dealings in the fully paid at 19s lid, and in the partly paid at 9s 8d and 9s 7d, the market closing firm for both issues. Kaiapoi Woollen preference shares had business at 15s 3d, and more were offered at 15s 6d. Carlton Brewery shares advanced to 40s 6d. closing quotations Is on either side. New Zealand Breweries were firm, with dealings at 37s Bd, the market closing Id either way. Tooheys Brewery shares moved up to 245, and there were further buyers at that tvrice, sellers at 24s fid. Buyers of Tooths raised their bids to 41s 9d, but sellers wanted 435. Australian Glass were firmer on buyers' offers of 50s f*d. Mount T.yells had dealings at 24s M and 24s 4d. the market 24s 2d buvers. ? 4 s 4d sellers. New Zealand Farmers' Co-eo. changed hands at 255. Wilsons Ceme" tc hnrj dealings at 34s fid. 34s !sd. and 34s 4d.

AlovandPT- Mines. partly Daid. on the mornintf call declined from l"s 3d to 15s. and on the n*t<-"-nnnn rail recovprnd to dealings at 15s 6d. 15k 9d. and 157 TfH, with further buvers at, 15s 9d. ■Rell TTooners «d r>a*d were steady at. is. Fresbfords had dealings at fid. tb« mar-Vet mmajnpd unaltered at 9s 3d. T-Cinrf SeTnmons changed Vrnnds pt 3s M a"'' th«re were th«»r s°Tl»rs n+ 3'.- Sid. T,n wren's Flat ,„ m .p firm at "d. tb» jnni-vet. rlnsinp Jd either wav. me^ed up a point to 7s 4d. sellers at 7s 6d. Unlisted Stocks. Maerewhenua paid) were- a shade easier at 11 d. buyers staying 111 at that figure, sellers at lljdLATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d. N. 58. Government Debentures. 3i p.c. Insc., 1938-52 100 10 0 3 p.c. Insc., 1940 .. 101 5 0 4 p.c. Insc., 1946 .. 100 12 tJ 4 p.c., Insc., 1949 .. 101 10 0 4 p.c. Insc., 1955 .. 101 12 6 4 p.c. Bonds, 1940 101 12 G 4 p.c. Bonds, 1946 100 12 6 4 p.c. Bonds, 1949 101 12 G 4 p.c. Bonds, 1953 101 10 0 Other Debentures.

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:— Buyers. Sellers.

Sales. 1500 Maerewhenua (9d pd.) (3) 0 011 YESTERDAY'S SALES CIIRISTCHUROH Sales on 'Change.

SYDNEY On the Sydney Stock Exchange yesterday business was of almost record volume. Activity was stimulated by the tax remissions announced in the Federal budget, which were greater than had been expected. Features were sharp rises in brewery shares, also in retail trading cor-panies which benefited. Commonwealth bonds also showed a slight improvement, but were overshadowed by business in other departments. Morning Sales. £ s. d.

MELBOURNE £ s. d.

MERCANTILE STOCKS LONDON, October 3. Mercantile stocks are quoted:— Sept. 19. Oct. 3. £ s. d. £ s. d. Dalgety and Co. shares .. 9 0 0 9 0 0 Dalgety and Co., 4 p.c. debentures 91 0 0 94 0 0 Goldsbrough, Mort, 5 p.c. B deb. 85 0 0 87 10 0 PRICE OF GOLD

(BRITISH OFFICIAL V/ISELMS.) RUGBY, October 3.

PRICE OP SILVER (EJUTISH OFFICIAL WIRELESS ) RUGBY, October 3. Silver (pence an ounce) is quoted:— Oct. 2. Oct. 3. Spot .. 18£ 18 5-16 Forward „. 18 9-16 13 7-16 POULTRY MARKET G. 11. Bradford, Ltd., poultry and egg market, 118 Tuam street, report "that although the quantities of poultry which Ere coming forward are in excess of last year's there is still a shortage ot all classes of poultry, particularly good table chickens, boilers, and turkeys, for which there is a good demand. Tho following prices were realised at this week's sale:—Table chicken, light 4s 6d to Cs 6d, heavies and cross* breds 6s to 8s 6d; hens, White Leghorns 4s to 5s 3d, heavies and crossbrcds Cs to 6s 9d; duclts, old, light, So 6d to 4a 9d; •whites, 5s 6d to 7s 9d (all pairs); turkeys, 9d per lb net dead weight.

METALS MARKET

Chch. Drainage, 5'i p.c., 30/9/38-73 .. 103 0 0 105 0 0 Westport - Stockton Coal, 8 p.c., 30/9/34 30 0 0 90 0 0 Banks. Com. of Aust. 0 16 5 0 1G 7 Com. of Sydney .. 18 0 0 18 8 0 E„ S., and A. .. 5 18 0 5 19 0 Natl, of A/asia (£10 paid) — 13 8 6 Natl, of A/asia (£5 paid) 6 7 6 6 13 G National of N.Z. .. 4 3 0 4 5 G New South Wales 34 12 6 34 15 0 New Zealand 2 7 0 2 7 9 New Zealand (D Mort. shares) .. 1 13 6 1 14 3 Union of Aust. .. 10 6 0 10 9 G Insurance. National 0 18 2 — New Zealand 2 13 C 2 14 6 Standard 3 0 0 3 1 10 Loan and Agency. Dalgety and Co. 10 13 6 11 0 0 Goldsbrough, Mort 1 8 7 1 8 11 N.Z. and R. Plate 1 4 0 — P.Z. Guar. Corp. (cum div.) 0 7 11 0 8 2 N.Z Loan & Merc. (ord. stock) 64 10 0 08 10, 0 N.Z. Loan & Merc. (pref.) 78 0 0 — United Bldg'. Soc. : 0 17 G 0 18 3 Shipping. P. and O. Dei. .. 1 3 6 — Frozen Meat. Canterbury (ord.) 10 0 0 10 10 0 Gear 1 12 6 1 14 0 N.Z. Refrig. (£ i paid) 0 19 10 0 19 11 N.Z. Refrig. (10s paid) 0 9 5 ' 0 9 8 North Cant. Free.:. 0 3 7 0 13 3 Coal. Grey Valley 0 12 6 0 15 0 Westport 0 13 o 0 14 3 Woollens. Kaiapoi (17s paid) 0 8 6 0 8 11 Kaiapoi (pref.) 0 14 9 0 15 6 Ga Chrislchurch 1 7 9 1 8 6 Christchurch (10s paid) 0 13 9 — Breweries. Carlton 1 19 G 2 1 a Monteiths 0 5 6 New Zealand 1 37 7 1 17 9 Timaru — 0 11 0 Timaru (7/6 paid; 0 5 3 0 G 8 Tooheys 1 4 0 1 4 6 Tooths 2 1 9 2 3 0 Miscellaneous. Amal. Wireless (con., cum div.) .1 1 6 Australian Glass 2 10 G 2 12 6 Aust. Iron & Steel (pref.) 0 17 1 Beath and Co. (cum div.) 1 8 0 1 9 0 Beath and Co. (Is paid) 0 5 6 0 G 0 British Tobacco .. 1 16 11 1 17 0 Broken Hill Prop. 2 0 3 2 0 G Burns, Philp 2 12 3 2 12 6 Colonial Sugar 58 15 0 DominionFertiliser 0 13 0 Dunlop Rubber .. 0 18 0 0 18 3 Electro. Zinc (pref., cum div.) 1 14 2 1 14 5 Howard Smith .. 0 13 0 0 15 0 Kauri Timber — 0 15 0 Mount Lyell 1 4 2 1 4 4 N.Z. Drug Co. .. 3 8 0 3 10 6 N.Z. Farmers' Co-op. (1st pref.) 1 1 0 1 15 0 N.Z. Farmers' Co-op. (4J p.c. stock, 1940) 60 0 0 N.Z. Farmers' Co-op. (4£ p.c. stock, 1945) 61 0 0 N.Z. Farmers' Fert, 0 15 9

Buyers. Sellers. £ s. d. £ d. Vic. Nyanza Sugar 0 12 0 — Whit, and Tombs (cum dhO 3 4: 0 3 3 e Wilson's Cement (cum distrib.) 1 14 0 1 14 5 Woolworths (N.Z.), pref. 1 15 a — Mining:. Alexander 0 14 9 1 0 0 Alexander (13s 6d paid) 0 .5 9 0 15 11 Aotearoa 0 1 0 0 1 9 Bel] Hooper (9d paid) 0 CblU 0 1 0 Bell Kilgour 0 1 7 0 1 Big River 0 1 51 0 1 6 Blackwater 1 5 0 1 17 3 Central Shotover (!)d paic!) 0 0 lOi 0 0 11 Freshford 0 0 5|0 0 Gillespie's Beach 0 2 2 0 2 3* Golden Dawn 0 2 0 0 3 3 Golden Point 0 0 H 0 0 2 Golden Sands 0 3 3 0 3 5 Nevis Diesel Elec. (9d paid) 0 0 7i 0 0 9 Kawarau 0 0 9 Kildare 0 2 5 King Solomon 0 3 2 0 3 31 Lawson's Flat .. 0 0 54 0 0 t>l Mahakipawa 0 0 1 0 0 2 Mahakipawa (pf.) 0 0 2 0 0 45 New Cornish Point (Is paid) 0 0 LI 0 1 2 New Cornish Point (6d paid) 0 0 6 0 0 7 Nokomai 0 2 7 0 2 8 Okarito 0 10 6 0 11 0 Oxenbridge Shotover (9d paid) 0 0 8 0 0 10 Paddy's Point 0 4 10 0 5 10 Waihi G.'Junction 0 4 4 0 4 6 Waitahu 0 7 4 0 7 (i Murray .Creek (£1 paid) 0 15 6

Andersons, Ltd. £ s. d. £ s d. (pref.) 0 10 0 0 15 0 Brian Boru 1 3 3 1 6 0 Charleston Sluicing 0 2 14 0 2 3 Claude Neon Lights 1 13 g' 2 0 0 Glenroy (3d paid) 0 0 5 0 0 10 Goldfields Dredging (9d paid) . 0 0 8 0 0 D Industries, Ltd. (12s 6d paid) .. 0 5 0 0 12 6 Invest. Ex. Trust B debs. 80 0 0 90 0 0 Invest. Ex. Trust (pref.) 0 15 0 Kiwi Dairy 0 10 0 Maerewhenua (9d paid) 0 0 11 0 o lit Moonlight Nelson Creek (9d paid) 0 0 9i 0 1 0 Skippers, Ltd. (6d paid) 0 0 3 0 0 8 Snowy River 0 0 0 0 6 Sun Newsoapers 0 3 9 0 4 2 Were's Invest. Trust 0 4 0 Wetherstone's, Ltd. (4s paid) 0 3 3 0 5 6 Woolworths (Victoria), pref. 1 4 0 Vacuum Products (10s), 5s paid .. 0 2 3 Worksop Extended (3d paid) 0 0 3 0 0 6

Cheh. Drainage, 5J £ s. d. p.t\, 30/9/38-73 103 0 0 Com. Bank of Aust. 0 18 9 0 16 8 0 16 7 0 16 6 Bank of N.S.W. (4) 34 12 0 Bank of New Zealand 2 7 0 N.Z. Guarantee Corpn. (cum div.) (2) 0 8 1 0 8 0 N.Z. Refrig. (£1 paid) (2) 0 19 11 N.Z. Refrig. (10s paid) 0 9 8 0 9 7 Kaiapoi Woollen (pref.) 0 15 3 New Zealand Breweries (3) 1 17 3 Mount Lyell 1 4 3 (2) 1. 4 4 (4) 1' 4 3 Wilson's Cement (cum dis.) 1 14 6 1 14 5 1 14 4 Alexander Mines (13/6 pd.) 0 16 3 0 15 9 0 15 3 0 15 0 0 15 6 0 15 9 0 15 10 Bell Hooper (9d paid) (9) 0 1 0 Freshford (2) 0 0 6 Gillespie's Beach 0 2 3 King Solomon (2) 0 3 4 Lawson's Flat 0 0 6 N.Z. Farmers' Co-op. (1st pf.) 1 5 0 Sales Reported. Bank of New Zealand 2 6 9 Carlton Brewery .. 2 0 6 Toohey's Brewery 1 4 0

AUCKLAND Sales on 'Change. Stock, 1940, 4 per cent. £ s. d. 101 2 6 Auckland Transport Board, 1949, 5} per cent. 99 10 0 Com. Bank of Aust. 0 16 8 Bank of New Zealand .. ■;2 6 9 2 6 6 National Insurance ., 0 18 3 Auckland Gas 1 3 7 Burns, Philp 2 12 0 Bycroft .. .. 1 19 0 Farmers' Trading .. 0 3 4 N.Z. Paper Mills 1 8 0 Bell Kilgour 0 1 8* Okarito .. 0 10 10 Waihi 1 6 1 Waihi Grand Junction 0 4 6 Blount Lyeil 1 4 3 Unlisted Stocks. National Tobacco 3 3 6 WELLINGTON Sales on 'Change. ■ £ s. d. Bank of A/asia (cum div.) 13 2 6 Com. Bank of Aust. 0 16 8 9 Union Bank 10 0 N.Z. Guar. Corp. (cum rights) 0 8 2 Wellington Gas ... 1 14 0 N.Z. Refrig. (cont.) 0 9 8 Tooth's 2 1 0 Bell Kilgour 0 1 71 DUNEDIN Sale on 'Change. £ S.' d. Bell Hooper 0 1 0 Sales Reported. Molyneux Electric (late Tuesday) 0 2 2 Hudc'art (ord.) 1 10 6 Bendigo Goldlight 0 0 7 Big River 0 1 8 Bell Hooper 0 1 04 0 1 0 Okarito 0 10 9 4 per cent. Stock, 1946 100 17 6 4 per cent. Stock, 1955 100 15 0 101 0 0 Bell Kilgour 0 1 8 Gillespie's Beach .. 0 2 3

Commonwealth 4 p.c. bonds1941 104 7 6 1944 104 17 6 1947 103 17 6 1950 ' .. 104 7 6 1957 105 15 0 1959 .. 106 0 0 1961 104 17 6 Com. Bank of Sydney .18 10 0 Bank of New South Wales 34 10 0 Tooth's Brewery (N.Z. delivery) 2 3 0 Associated Newspapers 0 19 6 Associated Newspapers ipf.) 0 19 6 British Tobacco 1 17 4J 0 Broken Hill Prop. 2 1 Dunlop Perdriau .. 0 18 4& 9 Goldsbrough, Mort 1 8 Morris Hedstrom 0 19 3 Wilcox Mofflin 0 9 0 Afternoon Sales. Bank of New South Wales 34 12 6 Com. Bank of Sydney 18 10 0 Colonial' Sugar 59 12 6 Aust. Provincial Assurance 0 12 10 United Insurance 9 7 6 Associated Newspapers 0 19 9 Associated Newspapers (pf.) 0 19 6 Huddart, Parker (N.Z. delivery) 1 11 6 British Tobacco 1 17 9 Howard Smith 0 14 3 Dunlop Perdriau 0 18 4| Tooth's Brewery de~ 2 4 6 Tooth's Brewery (N.Z. livery) 2 4 0 2 3 0 Carlton Brewery 2 1 3 Anthony Hordern 0 12 6 Anthony Hordern (pf.) 1 1 4J David Jones 1 15 0 Farmers 0 15 0 Automatic Totalisators 0 15 0 Commonwealth Wool 0 18 0 Henry Jones 2 0 0 Millaquin Sugar 1 9 0 Electrolytic Zinc 1 5 6 Morris Hedstrom 0 19 6 Nestles (pref.) 1 13 6 Hume Pipe Co. 0 13 6 Standard Cement 0 17 6 Winchcombe Carson 1 8 0 Mount Lycll 1 4 44 Broken Hill Prop. 2 1 3 South Broken Hill 3 7 0 North Broken Hill 4 10 9 Kuala Kampar 0 10 0 Mount Morgan 2 7 9 Bulolo Gold 4 17 6

Com. Bank of Australia .. 0 17 0 British Tobacco 1 17 6 Herald and Weekly Times 2 4 0 Howard Smith 0 14 3 Australian Glass 2 10 9 Electrolytic Zinc 1 5 3 Mount Lyell 1 4 3 Aust. Iron and Steel (pf.) 0 19 1

Gold (a fine ounce) is quotec :— £ e. ct. October 3 .. 6 14 8 October 2 .. 6 13 5 September 30 .. 6 13 1 September 29 .. 6 13 0 September 28 6 12 4 September 27 .. 6 13 0 September 26 . .. 6 13 2 September 25 .. 6 12 0 September 22 .. 6 13 7 September 21 •. 6 12 9 Septeifiber 20 .. 6 13 9

55 O Q o *1 October 3. Quotations: — Oct. 4. Oct. 2. A ton. A ton. Copper £ S. d. £ *. a. Standard, spot 3 5 10 7& 35 4 4i Forward 35 U 35 ' 8 9 Electrolytic 38 15 0 38 10 0 to . . "9 5 0 39 0 0 Wire bars 39 5 0 39 0 0 American electrolytic: 9 cents per lb. LeadSpot 13 13 lis n ia o Forward .. 12 . 3 9 12 0 3 Spelter— 16 13 9 Spot „ .. 16 17 6 Forward .. 17 3 9 17 1 3 Tin— Spot .. 222 13 9 221 3 9 Forward .. 222 12 6 221 2 6 Silver- . ' Standard, per oz. 13?. <1 18 5-16d Pine, per oj. .. 19 15-163 19S<i