CHRISTCHURCH STOCK EXCHANGE

Timaru Herald, Volume CXXXVIII, Issue 19942, 29 October 1934, Page 16

CHRISTCHURCH STOCK EXCHANGE

LATEST QUOTATIONS Special to “ The Timaru Herald" CHRISTCHURCH, October 27. The following quotations were ruling when the Stock Exchange closed for the day:— Buyers. Sellers.

SATURDAY'S SALES. By Telesrapt) Press association AUCKLAND, October 27. Sales on 'Change Kildare 2/3; Farmers’ Trading 7/-; Okarito 8/6; Talisman 11/7; Huddart Parker (pref.) 29/9, Dunlop Perdriau 20/-, Broken Hill 52/3. WELLINGTON, October 27. Sales on 'Change.—Stock, 31 per cent., 1938-52, £llO/10/-; Huddart Parker (pref.), 29/9, 30/-; New Zea- '

land Breweries, 49 5; Consolidated Brick. 10/11; Nevis Diesel. 4id. Unofficial—Woolworth Ltd (ord i 75/9. CHRISTCHURCH. October 27. Sales on 'Change—National Bank of Australasia (£5 paid; cum. div.) £6/3/6Reserve Bank £6/10/9 (5); Invincible Building Society £4 15/-; New Zealand Refrigerating (10 - paid) 9/8; New Zealand Breweries 50/-, 50/4. 50 6; Broken Hill Proprietary (cum. div.) 52 2; Big River 1/10 (2); Mining House Concessions 2d (4); Mossy Creek 1/9 (2). Unlisted Stocks.—Argo Gold, 7id. 3d ; Maori Gully (l - paid), 1/4 (2); Woolworths (Sydney), ord.. 74 6 (2*. 74 3 (2); Andersons Ltd. (pref.), 17,3. DUNEDIN. October 27. Sale on 'Change.—Gillespie’s Beach, Sales reported—New Zealand Drugs, £4; Milburn Lime. 26 2; Big River. 1/9; New Zealand Mining Investments, 1/05; Mt. Coolon, 68; Moonlight Nelson Creek. 21d; 4 per cent, stock. 1940, £lO5/5/-; 1946. £109'5 -; 1949, £lO9 5/-.

FROZEN MEAT SMITHFIELD QUOTATIONS United press Association—By Electric Telegraph—Copyright (Received October 28. 6.30 p in.'' LONDON, October 27. Following are the approximately average prices realised for the weeic based on actual transactions of wholesale quantities, and are for representative parcels on the basis of delivered to Smithfield market and or ex London stores:— New Zealand sheep—Canterbury and North Island selected crossbred wethers and maiden ewes. 481 b to 561 b, 4 5-8 d; 651 b to 721 b, 4 3-8 d: North Island, 481 b to 561 b, 4 5-8 d; 571 b to 641 b, 4!d; 651 b to 721 b, 4 3-8 d: ewes, under 481 b. 3 5-8 d; 481 b to 641 b, 31d: 651 b to 721 b, 2 7-Bd. Australian sheep—First quality crossbred and or merino wethers, 401 b to 651 b, 3 5-8 d; second quality, 301 b to 551 b, 3 5-8 d; ewes, 301 b to 551 b. 3 3-Bd. Argentine sheep—First quality crossbred wethers, 481 b to 641 b, 43d; 651 b to 721 b. 3 7-Bd. Patagonian sheep—Wethers and/or maiden ewes, under 501 b, 33d. New Zealand lambs—Canterbury, 361 b and under. 6 7-8 d; 37ib to 421 b. 61d; : 431 b to 501 b, 5 5-8 d: second quality, average about 321 b. 61d; other South Island, 361 b and under, 6 7-8 d; 371 b to 421 b, 6id; 431 bto 501 b, 5 5-8 d; selected North Island, including Downs, 361 b and under, 7 l-8d; 371 b to 421 b, 6-id; 431 b to 501 b, 5 5-8 d: second quality, average about 321 b. 6ld: other North Island, first quality. 361 b and under. 6 5-8 d; 371 b to 421 b. 6 3-8 d; second quality, average about 321 b, 6 l-Bd. Australian lambs—Other States, first quality. 361 b and under. 63d: 371 b to 421 b. 6}d: second quality. 361 b and under. 6 3-8 d; all States, third quality, average about 261 b, 6 l-Bd. Argentine' lambs—First quality, 361 b and under, 63d; 371 b to 421 b. 53d; second quality, average about 381 b, 61d. Patagonian lambs—All unchanged. New Zealand frozen beef—Unchanged. Australian frozen beef—Unchanged. Argentine chilled beef—Ox fores unchanged; ox hinds, 1601 b to 2201 b, sd. New Zealand pigs—First quality. 601 b to 801 b. 63d: 811 b to 1001 b. 6 3-8 d; 1011 b to 1201 b. 6d. Australian pigs—First quality, 601 b to 1001 b, average about 801 b, 6id; 1011 b to 1201 b, 6d.

DAIRY PRODUCE The South Island Dairy Assn.. Ltd., have received the following market report from the New Zealand Produce Association. Ltd., London:— Butter—Firm, 68/- to 71/-; Danish, 120 -. Cheese—Firm, white 51/6 to 52/-; coloured 49/6 to 51/-.

COMPANY NEWS By Telegraph —Press Association WELLINGTON. October 28. Broken Hill South Ltd. has advised the Stock Exchange that a dividend of 1/6 a share has been declared, payable in Melbourne on December 15. Prestige (N.Z.) Limited has declared a dividend on preference shares at the rate of 6 per cent, per annum for the half-year ended September 30, 1934.

SILVER. United Press Association—By Electric Tel egraph Copy righ t LONDON, October 26. Silver—Spot 23 13-16 d, forward, 23 15-16 d an ounce.

LONDON WHEAT QUOTATIONS United Press Association —By Electric Telegraph —Copyright (Received October 28. 6.30 p.m.) LONDON. October 27. With better North American cables, further adverse crop advices from Australia, and smaller world’s shipments to Europe, cargoes were steady and quotations upheld buyers’ reserves. Parcels were steady with trading slow.

Futures. London —December. 20 6; February, 21/7; April. 22/-. Liverpool—October. 4 9 7-8; December, 5 0 1-8; March, 5/4; May, 5/5 5-8. CHICAGO WHEAT QUOTATIONS United Press Association—By Electric Telegraph —Copyright (Received October 28, 6.30 p.m.) NEW YORK. October 27. Chicago wheat quotations: December, 96 1-8 cents; May. 95 7-8 cents; July, 91 3-8 cents. New York, cash, 1031 cents.

FRIDAY’S CLOSING PRICES United Press Association —Bv Electric Teleg-aph —Copyright (Received October 28. 6.30 p.m.> LONDON. October 27. Friday’s closing prices were: Cotton—Spot 6.92 d per lb; November shipment, 6.70 d. Rubber—Para 5 l-8d per lb; plantation, smoked, 63d. Jute—October-November shipment, £ls a ton. Copra— November-December shipment, South Sea. £7/15/- a ton; smoked. £7/7/6; plantation Rabaul, £B/12/6. Linseed oil—£l9/10/- a ton. Turpentine—4s 3 per cwt.

£ s. d. £ s. d N.Z. Govt. Debs.3* p.c. Inscr., 193852 ... . 109 0 0 — 3* p.c. Inscr.. 193943 ... . — 110 10 0 3i p.c. Inscr., 193952 ... , 109 0 0 — 33 p.c. Inscr, 1941 — 106 0 0 4 p.c. Inscr., 1940 105 0 0 105 10 0 4 p.c. Inscr., 1946 — 109 10 0 4 p.c. Inscr., 1949 — 109 10 0 4 p.c. Inscr., 1955 113 10 0 — 4 p.c. Bonds, 1940 105 2 6 — 4 p.c. Bonds, 1946 109 0 0 — 4 p.c. Bonds, 1949 109 10 0 — 4 p.c. Bonds, 1955 113 15 0 — Rural Bonds 103 2 6 104 0 0 Banks— Comm, of Aust. 0 16 0 0 16 1 Comm. of Aust. E., S. and A. — 5 6 6 (pref.) . 9 18 6 10 0 0 National of , Vasia (£10 paid, cum div.) . . . 12 10 0 12 12 6 National of . A’asia (£5 paid, cum div.) . . 6 3 0 6 4 6 National of N.Z. . 3 10 0 — New South Wales 31 10 0 32 2 6 New Zealand 2 8 4 2 8 11 Queensland Natl. . 5 0 0 — Reserve . . 6 10 9 6 11 0 Union of Aust. . . — 9 6 6 ..nsurance— Mercantile Mutual 1 4 0 1 4 9 National . . 1 1 0 1 1 8 Standard . . 3 8 6 3 15 0

■ Lo: n and Agency— 1 Dalgety and Co. . 4 0 | Goldsbrough Mort. 10 6 1 10 Invincible Building Society .... 4 14 9 5 Mutual Benefit . . 11 11 0 United Building Society .... 1 0 6 1 1 0 Shipping— P. and O. Deferred Stock 1 2 0 — Frozen Meat— Canterbury (pref.) 5 16 0 N.Z. Refrigerating (£1 paid) . . . C 19 8 0 19 10 N.Z. Refrigerating (10/- paid) . . 0 9 8 0 9 9 North Canterbury Freezing . . . 0 16 6 1 0 0 Woollens— Bruce . • 0 13 0 0 14 6 Kaiapoi (17/- pd.) 0 14 3 — Kaiapoi (7/- paid) 0 4 3 0 4 10 Mosgiel 11 0 0 — Coal— Westport — 0 19 0 Stockton (pref.) — 0 5 0 Gas— Australian Gaslight (“A”) . . 7 17 0 8 0 0 Christchurch 1 14 0 Christchurch (10 - paid) 0 16 1 0 16 9 Breweries— Monteiths . . . 0 14 0 New Zealand . . . 2 10 6 2 10 8 Staples . . . 1 10 6 1 12 6 Timaru (7/6 paid) 0 7 6 Tooths 2 11 0 2 12 0 Miscellaneous— Amalg. Wireless (contr. c. div.) 1 10 0 Anthony Hordern 0 16 2 0 Australian Glrss <c. div.) 2 12 9 2 14 Aust. Iron & Steel (pref.) .... 1 3 7 1 4 Beath and Co. . . 1 11 6 Beath and Co. (Is paid) — 0 10 British Tobacco o Broken Hill Proproprietary (c. div.) 2 12 0 2 12 3 Burns Philp (c. div.l 2 17 0 Claude Neon (Sydney) 2 7 0 Colonial Sugar . . 76 0 0 78 0 0 Dominion Builders’ Supplies .... 0 3 0 0 4 0 Dom. Fertiliser . . 1 0 6 Dunlop Perdriau Rubber .... 0 19 7 1 0 2 Electrolytic Zinc (ord.) 1 7 6 1 8 i Electrolytic Zinc (pref.) .... 1 15 6 Holden’s Airways . 1 7 0 — Herald & Weeklv Times 2 10 0 Kauri Timber . . 0 19 3 0 19 9 Mason Struthers (£1 paid) . . . — 0 16 0 Moturoa Oil . . . — 0 4 6 National Electric . 0 8 0 N.Z. Drug Co. . . 3 18 6 N.Z. F a r m e r s’ Co-op. (“A” pf.) 0 10 6 N.Z. F a r m e r s’ Co-op. (“B” pf.) — 1 0 0 N.Z. F a r m e r s’ Co-op. 45 p.c. Stock, 1940) . 86 0 0 87 10 0 N.Z. Farmers’ Co-op. (4 5 p.c. Stock. 1938) . . — 89 0 0 Quill T' .-is (in liquidation) . . n 2 11 0 3 4 Sun Newspapers . — 0 3 11 Whitcombe and Toombs .... 3 18 0 Wilson’s Cement . 1 13 10 Woolworths (N.Z.) ord 8 0 0 Woolworths (N.Z.) (pref.) .... 2 0 0 — Mii< in ?— Addison’s Flat . . 0 2 6 Alexander 0 17 11 0 19 0 Alexander (14/6 paid) 0 15 0 — Aotearoa . . . e . 0 0 105 0 1 05 Bell Hooper .... — 0 0 4 Bell Kilgour .... — 0 0 3 Bendigo Goldiights — 0 1 0 Big River 0 1 95 0 1 10 Blackwater .... 1 13 3 Brian Boru .... 0 1 15 0 1 3 Consolidated . « . — 0 19 0 Deep Lead .... 0 1 105 0 2 0 Golconda Holdings — 0 2 0 Golden Dawn . — 0 2 9 Golden Point . . . 0 0 n 0 0 2 C midfields Dredgmg ..... . 0 0 85 0 0 9 Kildare 0 2 25 0 2 6 King Solomon . . - 0 3 75 0 3 9 Kuala Kampar . . — 0 15 0 Lawson’s 1 iat . . — 0 0 3 Maerewhenua . . . 0 0 35 0 0 45 Mahakipawa . . . 0 0 95 0 0 105 Mahakipawa (pf.) 1929 issue . . . 0 1 0 — Mahakipawa (pf.) 1930 issue . . . 0 1 1 — Mataki 0 2 8 0 2 9 Minina House Concessions .... 0 0 2 0 0 25 Moonlight Nelson Creek 0 0 2 0 0 25 Mossy Creek . . . 0 1 9 0 1 10 Mount Lvell . . . 0 18 8 0 18 10 Murrav Creek . . 0 5 6 0 10 0 Nevis Diesel Electric .... 0 0 41 0 0 4i* New Cornish Point (9d paid) . . . — 0 0 6 Nokomai ..... 0 3 7-5 0 4 0 Okarito 0 8 2 0 8 6 Skippers 0 0 6 0 0 7 Stafford Sluicing — 0 1 1 Upper Shotover (9d paid) . . . — 0 0 105 Waihi (c. div.) . . 1 16 1 1 18 0 W a i h i Grand Junction . . . 0 4 2 0 4 5 Waitahu — 0 4 1 Worksop Extended 0 2 8 0 2 11 Unlisted Stocks All transactions in it ocks quoted in this section are subject to a different rate of brokerage from Listed Stocks. and are not quoted on the Official List. Buyers. Sellers. £ s. d. £ s. d. Andersons. Ltd. (pref.) — 0 18 6 Argo Gold (6d pd) 0 0 75 0 0 8 Ben Ledi (1/- pd) 0 1 05 0 1 2 Barrytown Gold (10/- paid) . . 1 10 0 2 10 0 Claude Neon Lights (ctim div.) . . . 2 10 0 — Golden Gully 1/paid) — 0 0 11 Mining Research . — 0 0 11 Macetown (1/- pd) 0 1 0 0 1 6 Maori Gully (1/paid) 0 1 45 0 1 55 N.Z. Mining Investment 0 1 0 0 1 1 Procera Bread (10s paid) 0 12 6 0 13 0 Otago Scheelite . — 0 12 6 Snowy River . . . 0 0 1 0 0 li Were’s Investment Trust 0 4 9 0 4 10 Woolworths (West Australian) ord 4 17 0 10 0 0 "Woolworths (ord.) 3 14 1 3 14 6