COMMERCIAL CHRISTCHURCH STOCK EXCHANGE

Timaru Herald, Volume CXLVIII, Issue 21819, 23 November 1940, Page 5

COMMERCIAL CHRISTCHURCH STOCK EXCHANGE

YESTERDAYS QUOTATIONS By Telegraph —Pres? Association CHRISTCHURCH. November 22. The following are the current quotations on the Stock Exchange:

STOCKS AND SHARES

CHRISTCHURCH Sales Reported Listed Stoeks— £s6o N.Z. Govt. 4 per rent. Bonds 1955 (late sale yesterday) £lO6 10,-. Afternoon Sales Listed Stocks— so Broken Hill Proprietary 45 3. Sales Reported— £4os N.Z. Govt. 35 per cent. Stock due 1953-57 £lOl/10/-, 200 New Zealand Breweries (cum. div.) 32 9. 500 Moonlight Goldfields sd. AUCKLAND Sales—War Loan 1/10'53 (pt. paid) £BO 0 0, Bonds 15/1/53-57 34 per cent. £lOl 26, do. 15/2/43-46 4 per cent. £lO3/0 0. do. 15/4,46-49 4 per cent. £103,2,6, Stock 15/7/39-41 3 per cent. £lOO/2 6, Stock 15/2/43-46 4 per cent. £lO3, 6 0, Stock 15 4 46/49 4 per cent. £lO3, 2 6. Stock 15 5,49-52 4 per cent. £lO4 5 - (2). Stock 31/5/54-58 4 per cent. £lO7 10/-, North Canterbury P.B. I's 49 4 per cent. £104'12/6, Whangarei Borough 1 '9/45-59 4.1 per cent. £lO3, Auckland Drainage Board 1/11/48-54 4’, per cent. £lB4'lo/-, Auckland Harbour Board 9/7/56 41 per cent. £lO7 10 -, Wanganui Harbour Board 1 4 48 41 per cent. £lO4 10 0, Auckland Gas (perp, stock) £101)15/0, Bank of New Zealand 39 10, National Insurance 17 10. N.Z. Insurance 61/6 (late sale), F.A.C. (£5) 81 6. Newton King <pf) 9/3, Auckland Gas 7/8, ditto (con.) 2/10, Dominion Breweries 29 9, British Tobacco 49,6. Broken Hill Propy 45/3 (2), Colonial Sugar £52, Dunlop Perdriau 20/3, G. J. Coles 69/-, McKenzie’s Stores 45/-, N.Z. Newspapers 32/- (2). WELLINGTON Sales— Late yesterday— Christchurch Gas contrib. 10/9, Broken Hill 45/9, N.Z. Newspapers 32/-, Victoria Laundry 18'6. Sales to-day— 4 per cent. Stock 1946 £lO3/0/0, 4 per cent. Stock 1949 £lO3/2/6 (2), ditto, 1949, £lO3/5/0. ditto, 1952, £lO4/5/0, ditto, 1955, £lO6/0/0, Government Bonds, 1946, £lO3/0/0, ditto, 1949, £103'2/6, Bank of New Zealand, 40,'-, Wellington Woollen (pref.) £7/2/6, British Tobacco 49/6, McKenzie’s 45/-, Victoria Laundry 18/6, National Electric 18/-. DUNEDIN Sales— 3i per cent. Stock 1953-57 £lOl 10/-, 4 per cent. Stock 1949-52, £104'5/0, Booth Macdonald (pref..) (4/11, Colonial Sugar £52, G. J. Coles 69/-. McDuffs ord. (2) 11/-.

PRODUCE MARKET

DUNEDIN Bs Telegraph—Press Association DUNEDIN, November 22. An occasional line of last season’s milling wheat is still appearing on the market, and is being accepted by millers. Transactions in this class of wheat have to be completed by the end of the month. There are a few lines of milling wheat now left in the Otago district. Best quality fowl wheat is worth 5/9 to 6/- a bushed, ex the store. Prospects for the coming harvest are bright. In some districts crops were being affected by the dry weather conditions, but recent rains arrived just in time to save the situation. Few transactions are going through in the oats market. On one hand stocks are on the light side, but on the other hand there is little inquiry. North Island merchants appear to have purchased sufficient stocks in the meantime and only an occasional inquiry is received from the north. The ruling value for A Gartons is 4/9 to 4/10 a bushel, f.o.b-s.i., with B Gartons worth 4/6 to 4/7, f.0.b.5.1. The area planted in oats is up to the average and better yields should be obtained this season.

Stocks of chaff in stores are on the light side, but the demand is weak. Supplies are ample for all requirements. The best quality is worth £6/10/- a ton, and small lots ex stores realise a higher value. There is no change in the potato market. Supplies in stores are being sold at the best prices that can be obtained in order to make a clearance. Some of the prices accepted are very low. The seeds market is quiet, most of the business being confined to the filling of retail orders. The ryegrass market is unaltered. Higher germinating seed is in small supply but stocks are just about sufficient to meet the demand. Cocksfoot values are higher than has been the case for a number of years. Limited supplies only are available. Supplies of white clover are scarce following on the export to England of a substantial quantity. The cowgrass market is quiet with little overseas business.

N.Z. Govt. Debs.— Buyers. £ s. d. Sellers. £ s. d. 3* per cent Inscribed 15 1 53-57 . . . . 101 10 0 101 5 0 4 per cent Inscribed 15 2 43-46 . . . 103 5 6 — 15 6 46-49 103 6 0 — 31/5 54-58 107 10 0 — War Loan 79 10 6 Company Debs.— Auckland Gas, 5 p.c Perp — 102 10 0 Booth, Macdonald, 5 p.c., 1/6/47 70 0 0 — Banks— Comm, of Aust. . . . 0 1 Comm, cf Sydnev ——. 21 0 0 Nat. of A’asia (£10 12 0 0 — National of N.Z. .. . 1 15 9 1 18 6 New South Wales . 29 0 0 New Zealand — 2 0 0 Union 7 0 6 — Insurance— National 0 17 6 Standard 2 19 0 — Loan & Agency— Dalgety 6 10 0 National Mortgage — 1 17 0 N.Z.L. & Merc. < ord — 92 0 0 Wright. Stephenson — 1 0 3 Shipping— P. and O 4 3 Union (pref.) — 1 6 6 Frozen Meat— Canterbury 11 5 0 N.Z. Refrig. (£1 paid 0 19 9 1 0 6 (10 - paid) 0 9 2 — Nth. Canterbury (pf.) 1 14 3 1 15 6 Southland 4 15 0 5 2 6 Woollens— Bonds 1 8 0 1 10 0 Kalapoi (17,- paid). 0 13 6 0 14 0 (pref ) 0 16 9 — Coal— Westport 1 3 0 — Westport - Stockton (pref.) — 0 6 6 Auckland 0 7 9 (contr.) 0 2 8 0 3 0 Christchurch 1 3 6 1 3 9 (10/- paid) .. . — 0 10 10 Brew cries— Dominion 1 9 6 New Zealand 1 6 12 9 Staples (In Llq.) .. . 0 1 0 0 3 0 Tooths — 2 13 0 Wards (In Llq.) .. . — 0 1 6 Miscellaneous— Aust. C.I 2 0 0 Beath and Co. — 0 15 6 Be Macdonald (pref.) 0 4 0 0 it 0 Br . n i obacco .. 2 5 0 2 3 6 Burns, Philp 2 13 3 — Hume Pipe (Aust.). 0 13 0 0 15 0 Milburn Lime .. 16 0 2 0 0 0 10 6 (pref.) 0 18 0 19 2 McKenzies 2 4 6 McLeod Bros. .. 28 10 0 National Electric .. . N.Z.F. Co-op— 0 17 6 “A” pref — 2 0 0 (4*i p.c stk.. 1949) — 85 0 0 (4i p.c. stk. 1950) 82 0 0 — (4' p.c. stk.. 1955) 82 10 0 — N.Z. Newspapers . . . 1 11 11 — N.Z Paper Mills 1 11 0 Radio (1936) . 0 13 0 —— Pel fridges 0 16 0 — Whitcombe & Tombs 3 2 9 — Wilcox MofTlin . . 0 6 0 — Wilsons Cement — 0 19 0 W’worths Ltd. (ord. 0 17 11 (N.Z.). ord. .. 0 15 0 0 15 6 Properties 1 5 3 Overseas Listings— W’worths (S. Africa — 0 15 0 Xustralian MiningMount Lyell 1 n i 10 6 Mount Morgan 0 9 7 0 10 3 Mining— Addison s Flat .. . 0 0 11 Austral (N.Z ) .. . 6 0 1 10 0 Big River 0 0 6 A 0 0 10 Grev River 0 16 3 0 16 9 Maori Gold 0 0 4 Moonlight 0 0 4 0 0 5 Ngahere — 1 0 0 Okarlto 0 0 ft — Waihi 0 4 —