COMMERCIAL CHRISTCHURCH STOCK EXCHANGE

Timaru Herald, Volume CXLVIII, Issue 21818, 22 November 1940, Page 6

COMMERCIAL CHRISTCHURCH STOCK EXCHANGE

YESTERDAY’S QUOTATIONS By Telegraph —Pres? Association CHRISTCHURCH. November 21. The following are the current quotation! □n the Stock ExchangerBuyers. Sellers £ s. d. £ s. d.

STOCKS AND SHARES CHRISTCHURCH Sales on 'Change—£9oo North Canterbury Electric 44 per cent 1/5/49 £lO4/15/-, 218 Christchurch Gas <lO - paid) 10/9, 100 Australian Consolidated Industries 39/3, 300 Waihi Investments 4/5. Sales Reported—£soo Hawke’s Bay Electric Power Board 4.1 per cent 31/7/49 £lO4, 100 Electro Zinc (ord.) AUCKLAND Sales on ’Change—Wai’ Loan 1/10/53 (fully paid) £79/15/-, Bonds 15/6/52-55 4 per cent £lO5/17/6, North Canterbury Power Board 1/5/49 41 per cent £lO4/10/-, Waitemata County 31/3/60 41 per cent £lO7/15/-. National Insurance 17/9, N.Z. Insurance 61/6 (2), South British 49/3 (2), F.A.C. (B pf.) 21/3, Auckland Gas 7/9, A.C.I. 39/3, British Tobacco 49/6, G. J. Coles 70/-, N.Z. Newspapers 31/9, 32/-, Wilson's Cement 19/-, Woolworths (N.Z.) 15/6. WELLINGTON Sales on ’Change—Electrolytic Zinc (ord.) 54/3, 4 per cent Stock 1952 £lO4/5/-, Waitemata County 44 per cent 31/3/60 £lO7/5/-, Broken Hill Ppty. 45/9. DUNEDIN Sales on ’Change—Lyttelton Harbour Board 41 per cent Debs. 31/3/49 £lO5, National Insurance 17/9, Waihi Investments 4/5. ■ AUSTRALIAN STOCK EXCHANGES United Press Association—By Electric Telegraph—Copyright (Received November 21, 10 p.m.) SYDNEY, November 21. The Stock Exchange was more active to-day without appreciable change. Sales: National Bank (£lO paid) £l2/3/6, Bank of New South Wales £2B'lo/-, Mort’s Dock 17/6, consolidated Industries (cont.) 23/6, Felt and Textiles 36/3, Sargents 23/-, Peters 20/9, Henry Jones 55/-, Placer Development 62/-. Loloma 26/4. Melbourne: National Bank (£5 paid) £5/17/6, Imperial Chemicals (pref.) 24/-, Mt. Lyell 29/6. PRODUCE PRICES IN SYDNEY United Press Association—By Electric Telegraph—Copyright (Received November 21, 10 p.m.) SYDNEY, November 21. Wheat—The market is brighter and prices are unchanged. Silo grain is quoted at 3/11.1 and bagged at 4/0 ,d a bushel. Flour £l2/13/- a ton. Bran and pollard £6 a ton. Potatoes, Tasmanian £l3 to £l5. New Zealand whiteskins £9 to £l2, local new £l6 a ton. Onions, brown £l9 a ton. MINING NEWS The Grey River Dredge worked 71S hours and received 113 loz. of gold. CANTERBURY WOOL An average price of £l6/4/74 a bale was paid for 2731 bales of wool offered at the Christchurch wool appraisement held on October 25. The bale price compares with an average of £l6/18/8 for the whole of last season. The offering realised a total of £44,328. DIVIDENDS DECLARED By Telegraph—Press Association WELLINGTON, November 21. The E.S. and A. Bank has declared a dividend of 3i per cent payable on December 19. N.Z. Breweries Ltd. has declared an interim dividend of 3i per cent.

RABBITSKIN SALE BETTER GRADES CHEAPER At the Dunedin rabbitskin sale on Tuesday a total quantity of 14 tons was brought forward to a good attendance of buyers. Good orders were on the market, all sections of the trade being interested. Values for hatters’ descriptions showed little change, but the better grades ruled lower and, on the average, prices were par to 3d lower. A few small parcels of winters were included in the catalogues and elicited keen competition. Winter bucks sold to 93id, 2nd bucks to 881 d, winter does 76id, and 2nd does to 681 d. Prices were as follows:—Small 20 to to 30',’d per lb. runners 30to to 31Sd, racks 35',d to 36d, summers 33d to 331 d, spotted winter bucks 79Jd to 83d, spotted winter does 66d to 67:d, 2nd winter bucks to 881 d, 2nd winter does to 68td, winter bucks 871 d to 93Jd, winter does 70 id to 761 d, outgoing winter bucks 68d to 72d, outgoing winter does 53d to fiOto, furrier does to 60d, spring bucks 45d to 55id, spring does 42d to 441 d, stained does 48d to 52d, Ist milky 34’,d to 39d, milky 31d to 31',’d, summer broken 31id to 33d, broken Ist 391 d to 411 d, 2nd winter broken 381 d to 39id, fawns 30d to 40d, summer black 26d to 29d, black 3rd 29'd to 54d. winter black 421 d to 60id, hareskins 26d to 28d, hareskins Ist 28,'d to 36Sd, horsehair 26id to 30d. Ist ferrets 35d to 69d, 2nd ferrets 12d to 24d, summer weevilly 24’,d to 25d, winter weevilly 32',‘d to 34',d. PRODUCE MARKET OATS IN DEMAND A and B Garton oats are still in demand on the South Canterbury grain and produce market. A’s are quoted at 4/- a bushel on trucks and B’s at 0/9. Odd inquiries have been received for Duns at 4/6 a bushel on trucks for dark heavy quality. Chaff Chaff remains unchanged at £4/17/6 a ton on trucks. Peas There has been no alteration in the quotations for peas which remain at 6/6 a bushel on trucks. Potatoes New potatoes from the North Island are now coming freely on to the market. Supplies have been available on the local market for the last fortnight. The only demand for old potatoes is for local orders. Seeds Further Government inquiries have been received for seeds which should help to dispose of a considerable quantity of certified seeds provided high germination is insisted upon. Seeds remain at last week’s prices as follow: Pedigree ryegrass 24/-a bushel; mother ryegrass 14/6 a bushel; commercial ryegrass 13/-; white clover 2/8 a lb, Montgomery (permanent pasture), 3/1; cowgrass farmers’ dressed 1/1, Italian ryegrass machine dressed 8/3 a bushel.

N.Z. Govt. Debs.— 3A per cent Inscribed 15/1/53-57 101 5 0 — 3J per cent Bonds, 15/1/53-57 101 5 0 — 4 per cent Inscribed 15/2/43-46 103 2 6 — 15 4, 46-49 103 5 0 — 15/5/49-52 103 17 6 105 0 0 15 6/52-55 106 0 0 — 31/5/54-58 107 7 6 — 4 p.c. Bonds, 1943-46 103 2 6 — 1946-49 103 8 — 1952-55 106 0 0 — Rural Bonds, 1947 .. — 104 10 0 War Loan, 1953 .. .J 79 15 0 — Other Debentures— Auckland Gas, 5 p.c. Perp ■ 102 0 0 103 0 0 Booth, Macdonald, 5 p.c., 1/6/47 70 0 0 — Banks — Comm, of Aust. — 9 4 0 Comm, of Sydney — 21 0 0 National of N.Z — 1 19 0 New South Wales .. 29 0 0 — New Zealand (ex div.) 19 3 2 0 0 Union 7 0 0 — Insurance— Mercantile Mutual .. — 1 12 6 National 0 17 9 New Zealand 3 1 3 3 2 0 South British 2 9 0 — Standard 19 0 — A.G.I — 0 19 6 Shipping— 4 3 Union (pref.) 1 6 6 — Frozen Meat— Canterbury — 11 5 0 0 14 9 N.Z. Refrig. (£1 paid) 0 19 9 1 0 3 (10 - paid) 0 9 2 — 4 15 0 Woollens— 11 (i Bruce (c.d.) 1 0 0 Kalapoi (17/- paid).. 0 13 6 0 14 0 (pref.) 0 16 9 — Timaru 0 14 6 0 17 0 Coal— Westport-Stockton .. 0 2 4 0 3 0 (pref.) 0 5 0 0 6 6 Gas— (I 7 11 (contr.) — 0 3 4 Ch.Ch. (10/- paid) .. 0 10 8 0 10 10 Breweries — Ballins (15/- paid) .. — 0 12 0 New Zealand 13 0 1 14 0 1 5 0 Wards (In Liq.) .. .. 0 1 6 Miscellaneous— G J Coles General Industries .. — 0 19 0 Gt. Crystal Palace .. 0 12 6 1 0 0 Hav’s. Ltd 3 0 — (15/- paid) .. .. 0 18 0 — Humg Pipe (Aust.).. 0 13 0 0 15 6 Kauri Timber (x.d.) 1 0 0 1 1 6 Milburn Lime .. 1 15 0 2 0 0 Meggitts 1 12 6 — Macdufls 0 10 9 —— (pref.) 0 18 11 0 19 4 27 0 0 31 0 0 National Electric .. .. 0 17 9 N.Z. Drug 3 16 0 — N.Z.F. Co-op — 2 6 * * A ” prpf — 2 0 0 (41 p.c. stk., 1949) — 85 0 0 N.Z. Fertiliser 1 9 — N.Z. Newspapers .. .. 1 11 9 — N.Z. Paper Mills — 1 11 0 Quill, Morris (1936) .. 0 18 3 — Radio (1936) 0 13 9 — Standard Cement 0 19 6 — Whitcombe & Tombs 2 — Wilcox Mofflin .. .. 0 6 6 — W’worths, Ltd. (ord.) 0 17 11 (N.Z.), ord 0 15 6 0 15 9 (N.Z.), pref 1 17 0 — Properties — 5 3 W. R. Carpenter .. .. — 2 4 0 Zinc Investments .. 0 5 0 — Mining— Addison’s Flat .. .. 0 0 11 — Austral (N.Z.) 1 6 0 1 10 i) Barrytown — 0 0 0 O'. 0 0 Golden Sands .. 0 0 11 Gvpy T? i vpr 0 16 (I 0 17 0 0 0 4 Mossy Creek — 0 0 0 4 0 0 0 21 0 0 Ngahere 0 0 0 Ok Arif o 0 0 8 Waihi 0 4 4 — WorksoD — 0 0 4