COMMERCIAL.

Star (Christchurch), Issue 19116, 8 July 1930, Page 3

COMMERCIAL.

BEARS’ ACTIVITIES ARE CURBED IN SYDNEY. (United Press Assn.—By Electric Telegraph—Copyright.) (Received July 8, 11.55 a.m.) SYDNEY, July S, Time transactions in investment stocks have been prohibited from today on the Sydney Stock Exchange, in order to combat the activities of the "Bears” in forward trading. STOCK EXCHANGE. CHRISTCHURCH. Following are to-day’s quotations:—

(Figures in brackets after sales indicate number of parcels.) Sales on 'Change—Comm. Bank of Aust., 20s lid; Natl. Bank of A’asia (£lO paid), £l4 7s 6d; A.P.A. Insurance, 7s 3d; New Zealand Insurance (cum div.), 47s 6d; New Zealand Breweries, 50s 4d; Tooths Brewery, 31s 9d, 31s lOd; Holden’s Motors, 10s; Stoney Creek (fid paid), 6d; Winding Creek (6d paid), 2d (2). Sales reported—Union Bank of Aust.., £ll 15s; Staples Brewery, 46s 6d. Number of Shares, 100 Comm. Bank of Aust. 25 Union Bank of Aust. 100 A.P.A. Insurance. 50 Staples Brewery. 100 Holden’s Motors. 1000 Winding Creek (6d paid). 10 Natl. Bank of A’asia (£lO paid). 100 New Zealand Insurance. 50 New Zealand Breweries. 200 Tooths Brewery. 500 Stoney Creek (6<l paid). OTHER BXCHANQSS. Per Press Association. AUCKLAND, July 8. Sales—Waihf, 14s 2d; Farmers’ Trading, 8s; Mount Lyell (rights), 3s. Sales reported—Dominion Investment, 20s; Commercial Bank, 21s 2d; Union Bank, £ll 15s; Auckland Gas 6$ per cent (1935), £lO2. AUCKLAND BUSINESS. (Special to the "Star.”) AUCKLAND. July S. The Stock Exchange continues to be extremely quiet, with few completed sales to record. At this morning’s call bidding lacked animation and there were few alterations in quotations. P. and O. shares were asked for with buyers at £2 2s. A year ago this line was selling at £3. New to the local share list was the scrip of the Imperial Tobacco Company (London), for which buyers offered £5 8s for £1 shares. Mails from Home show that on May 15 the London quotation was a fraction under £5. Another new line quoted was £1 scrip of the Finance Corporation, for which 18s was offered. This is a Waikato organisation formed in association with the Co-operative Dairy Company for the financing of dairy farmers. The last dividend was 8 per cent. The proposed issue of 50,000 pref. shares was recently announced. Sanford’s ordinary shares were quoted, ex dividend, with sellers at 15s.

Buyers. Sellers. „ £ s d £ s d N.Z. GOVT. STOCK— 4£ p.c. Inscr. and Bonds. 1938 . . 99 5 0 4} p.c. Inscr., 1939 99 5 0 99 10 0 5£ p.c. Inscr., 1933 99 5 0 oh p.c. Inscr., 193G and Bonds, 1936 99 7 6 61 P-c. Inscr., 1937 99 10 0 OTHER DEBENTURES— Glaxo 6£ p.c., 1945 90 0 0 94 0 0 N.Z. Refrig. 6J p.c., 1935 97 0 0 Gisborne Sheep <7h p.c., 1931> . SO 0 0 90 0 0 BANKS— Adelaide 6 16 0 7 0 0 Aust. of Comm. . 18 0 1 3 6 Australasia .... IS 5 0 12 9 0 Comm, of Aust. .. 1 0 10 110 Comm of Aust. (prof.) 6 10 0 612 0 Comm, of Sydney 20 10 0 K., S. and A 5 19 3 5 19 9 Natl. of A'asla (£10 paid) 14 6 0 14 10 0 Natl. of A’asia (£5 paid) 6 19 0 7 0 0 Natl, of New Zealand (cum div.) 5 18 0 6 1 0 New South Wales 38 0 0 38 10 0 New Zealand .... 2 17 0 2 17 6 Union ol Aust. .. 1113 0 1114 0 New Zealand (“D” Mort. Shares) . 17 0 17 9 INSURANCE— AP.A 0 6 6 0 7 8 New Zealand Insurance (cum div.) 2 7 3 2 8 6 South British .. 2 18 6 Standard 3 0 0 LOAN AND AGENCY— C h r i stchufch Building Society 13 0 0 Dalgety and Co. 10 10 0 11 0 0 Goldsbrough Mort. 1 8 11 19 1 Wright, Stephenson (pref.) .... 0 15 6 SHIPPING— P. and O. Deferred Stock 2 0 0 Union (pref.) .. 10 9 FROZEN MEAT— N.Z. Refrigerating (£1 paid) 0 9 9 0 11 6 N.Z. Refrigerating (10s paid) 0 4 9 0 5 1 North Canterbury Freezing .... 023 WOOLLENS— Kaiapoi (17s pd.) 0 12 3 0 13 0 Kaiapoi (7 e paid) 0 4 3 COAL— Grey Valley ..... 126 150 Westport 1 10 6 Stockton (ord.) .. 0 16 0 1 11 Stockton (pref.) . 0 2 9 0 3. i) GAS— Ashburton .... 5 5 0 Christchurch 15 0 16 0 Christchurch (10s paid) 0 12 6 0 13 0 Timaru 113 BREWERIES New Zealand 2 10 3 2 10 5 Staples 2 6 0 2 6 11 Timaru 0 14 0 Timaru (5s paid) 0 5 9 0 7 0 Tooheys 0 19 6 10 6 Tooths 1 11 10 1 12 0 White Star 0 14 0 MISCELLANEOUS—• Amalgamated Wireless( contr.) 13 0 Australian Distillery 0 IS 0 Australian Glass . 1 16 0 Beath and Co. . . 1 10 0 Beath and Co. (Is paid) 0 6 0 0 7 0 Booth Macdonald (pref.) 0 4 6 British Tobacco . 11610 117 0 Colonial Sugar . . 2 2 0 Dunlop Perdriau Rubber 01210 033 4 East African Coffee 1 10 0 Electro. Zinc (ox-d.) 1 0 0 1 1 C Electro. Zinc (pref.) 13 2 14 0 Glenmora Brick and Tile 1 5 0 1 8 0 Holden’s Motors . 0 10 0 0 10 5 Howard Smith .. 0 17 0 Kauri Timber .. 0 13 9 Mount Lyell .... 1 4 8 1 4 10 Mount Lyell (rights) 0 3 0 0 3 2 N.Z. Farmers* Coop. (“B" pref.) 2 9 0 N.Z. Farmers’ Coop. (6£ per cent Stock, 1940) .. 77 0 0 SO 0 0 N.Z. Farmers’ Coop. (6£ per cent Stock, 1939) . . SO 0 0 N.Z. Farmers’ Fertiliser (cum div.) 10 6 115 Quill Morris .... 0 14 0 Taranaki Oil .... 0 1 1 0 111 Victoria Nyanza Sugar 2 0 0 United Pictures . 0 19 6 Wilson’s Cement . 2 4 6 MINING— Kawarau O 0 3 O 0 6 Mahakipawa .... 0 0 1 0 01J Mount Isa 015 0 1 0 0 Okarito 0 7 0 0 S 0 Stoney Creek (Cd paid) 0 0 5 0 0 6 Waihi 0 14 2 0 11 6 Waihi Grand June. 0 1 6 0 2 3 Cornish Point (Is paid) 0 0 5 0 0 7J Winding Creek (Is paid) .... 0 0 3 Winding Creek (6d paid) 0 0 2 0 0 3