COMMERCIAL.

Star (Christchurch), Issue 19231, 19 November 1930, Page 3

COMMERCIAL.

COMPANY AFFAIRS. NEW ZEALAND BREWERIES LTD. It was announced on the Stock Exchange yesterday that the dividend of New Zealand Breweries Ltd. would be paid on December 4, but the rate of the dividend was not stated. Victoria Wyanza Sugar. The following cable has been received from the Victoria Nyanza Sugar Co.:— November, 2755 tons of sugar manufactured. Experiencing a good season. Crop exceeding estimate. STOCK EXCHANGE. CHRISTCHURCH. Following are to-day’s quotations: Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT. STOCK—--45 p.c. Tnscr, 3939 9S 15 0 99 0 0 45 P-c. Bands, 1941 98 0 0 55 p.c. Inscr, 3 933 99 7 6 55 P.c. Bonds, 1933 99 12 6 100 0 0 5j p.c. Inscr. and Bonds, 3 936 . . 99 0 0 OTHER DEBENTURES— Rural Bonds, 5 p.c., 1947 90 0 0 N.Z. Breweries, Bonds 1 1 6 Gisborne Sheepfarmers’ 75 p.c., 1931 S 6 0 0 95 0 0 BANKS— Anst. of Comm. . 0 39 7 1 0 0 Comm, of Aust. . . 0 17 7 0 17 8 Comm. of Aust. (pref.) 6' 9 6 6 12 0 Australasia .... 11 10 0 Comm, of Sydney 19 0 0 E., and A 5 10 0 Natl. of Aust. (£lO paid, cum div.) 3 2 10 0 13 0 0 Natl, of A’asia (£5 paid, cum div.) G 5 0 GOO Natl, of New Zealand (cum div.) 5 11 fi New South Wales 33 0 0 35 0 0 New Zealand (cum div.) 2 1G 9 2 16 11 Union of Aust. . . 9 32 6 10 0 0 INSURANCE— A.P.A 0 6 3 National 0 14 6 0 14 10 South British .... 2159 Standard 2 S 0 2 11 6 LOAN AND AGENCY— Dalgety and Co. . 8 8 6 S 9 6 Ooldsbrough Mort 1 2 10 13 4 N.Z. Guarantee Corporation . . 0 7 0 0 7 6 United Building Society . 015 jl 015 7' Mercantile Finance Corpn. (pref.) . 0 15 1 0 15 7 SHIPPING — Huddart Parker - 1 2 .0 P.* and O. Deferred Stock 2 1 0 2 5 0 FROZEN MEAT— Canterbury (ord.) o 1» 0 Canterbury (pref) 4 10 0 N.Z. Refrigerating (£1 paid) 0 S 10 0 9 9 North Canterbury Freezing . 0 2 0 WOOLLENS — Kaiapoi (17s pd.) 0 S 0 0 10 6 Kaiapoi (7s paid) 0 3 0 0 4 0 COAL— _ Grey Valley .... 0 16 0 10 6 Taupiri 1 0 0 Stoekton (ord.) . 0 1 G

Stockton (pref.) 020 GAS Auckland 1 3 1 Auckland (cont.) . 0 17 0 Christchurch .... 150 1 5 o Christchurch (10s paid) .... 012 3 0,12 6 BREWERIES— Carlton 1 4 9 1 5 0 New Zealand .... 2 5 6 2 O' 0 Staples 118 6 2 0 0 Timaru 018 6 Timaru (5s paid) 0 5 6 0 7 0 Toobeys 0 16 0 Tooths 1 4 10 1 5 0 White Star 0 6 0 MISCELLANEOUS— Australian Glass . 17 0 1 10 0

Beath and Co. . . 16 0 Beath and Co. (Is paid) 0 4 11 0 5 0 British Tobacco . 113 9 114 0 Colonial Sugar .. 31 10 0 34 15 0 Dunlop Perdriau Rubber 0 10 0 0 11 0 Electrolytic Zinc (ord.) 0 12 7 0 13 6 Electrolytic Zinc (pref.) 0 IS 11 0 19 0 Henry Jones Coop 12 9 Milburne Lime .. 15 0 Mount Lyell .... 112 113 N.Z. Drug Co. ..306 N.Z. Farmers’ Coop (Ist pref.) . 3 10 0 N.Z. Farmers’ Coop. (63 p.c. Stock, 1940) SO 0 0 N.Z. Farmers’ Fertiliser .... 016 0 North Canterbury Co-op. Flour . . 0 12 6 0 16 6 Quill Morris .... 0 5 0 0 10 0 United Pictures . 0 12 0 Victoria Nyanza Sugar 2 0 0 Whitcombe and Tombs 2 7 fi Wilson's Cement . 1 19 6 Wunderlich . . 0 12 0 MINING—

Cornish Point .. 0 0 6 Kawarau 0 0 2 0 0 5 King Solomon .. 0 0 6 0 095 Mahakipawa .... 0 0 9 0 0 95 Okarito 0 5 S 0 6 9 Stoney Creek (7Xd paid) 0 0 25 Waihi 0 13 6 Winding Creek (Is paid) 0 0 3 0 0 5 Winding Creek (9d paid) 0 0 05 0 0 25

Sales on ’Change—Commercial Bank of Australia. £7 7s (three parcels); Dalgety and Co., £8 9s; Ooldsbrough Mort, 23s Id; Carlton Brewery, 245; New Zealand Breweries, 46s (four parcels), 45s lOd (two parcels): Tooth's Brewery, 25s (two parcels); British Tobacco, 345; Mount Lyell, 21s 2d; Mahakipawa Goldfields, Sd (three parcels). Sales Reported—New Zealand Breweries, 46s 2d (two parcels); Tooth's Brewery (late sale yesterday), 255; British Tobacco, 34s (three parcels). JTumber of Shares. 300 Commercial Bank of Australia 15 Dalgety and Co. 100 Golusbrough Mort. 100 Carlton Brewery. 700,New Zealand Breweries. 200 Tooth’s Brewery. 350 British Tobacco. 100 Mount Lyell. 1200 Mahakipa-va Goldfields. 100 Tooth's Brewery (late sale ISth). AUCKLAND STOCK EXCHANGE. (Special to the “ Star.”) AUCKLAND, November 19. There was fair business on the Exchange yesterday afternoon, but this morning proceedings opened quietly, with only a single sale at the first call. This was of Mount Lyells, and, although at 21s 3d, it shows an advance of Is 2d over the last local transaction. It is well below the assessment of the scrip in Christchurch, where it sold freely on Monday and yesterday at between 23s and 23s 2d. At this morning’s call bidding in the banking section was irregular. Australasias were easier, with sellers at £ll, and Commercials were unaltered with buyers at £l7 7s. New South Wales and Unions were both firmer, with offers for the former at £32 10s and for the latter at £9 14s 6d. Breweries were in demand, and, in anticipation of a dividend announcement at the usual rate, buyers offered 45s 6d, with holders asking a shilling more. For Australian Glass 27s was offered, and for Colonial Sugars £34 3 os, both advances on yesterday’s quotations. Wilson’s Cements v-ere firm with buyers at 40s, and for Milne and Choyce debenture stock a buyer rose to 22s 2d. OTHER EXCHANGES. Per Press Association. DUNEDTN, November 19. Sale Reported.—New Zealand Breweries, 46s 3d (cum div.). AUCKLAND, November 19. Sale.—Commercial Bank, 17s 6d. Sales Reported.—Mount Lyell, 2ts 3d; Electrolytic Zinc (pref.), 19s Id; Waihi, 14s; Colonial Sugar. £34 17s 6d. LONDON WOOL SALE. Pyne, Gould, Guinness, Ltd., have received cabled advice from London stating that at the wool sale opening 01: November 25, it is expected, as compared with September sales, that Merino will be at par, 4 4-46 5 per cent lower, and others 10 per cent lower. There will probably be a good demand for scoured Merino. Under letter dated October 17, CeorgcWills and Sons, Ltd., London, give the following prices ruling at the close ot" the September series of sales for good a -erage wools:—Merinos, greasy, average to good 10?.d to 12d, inferior 7d to lOd; scoured, average to good 20d to 2jd, inferior 17d to I9d. Cross-bred*: Greasy, fine 56’s 9id to 13d, medium 50’s 2d to 9id, 4s*s Sid to 9d, 46’s Sid to 83d, coarse 44’s Sd to Ssd. 4(Vs 73d to Sd, 30's 7id to 73d; scoured, fine lid to 17d, medium lid to 13d, coarse lOd to lid. Slipes (freezing works), fine 9£d to 12d, medium BJd to lOd, coarse 8d to 9d. Market.—Since the close of this series of sales there has been a certain amount of inquiry, but very little business has bec-n done as buyers are not willing at the moment to pay the prices