COMMERCIAL.

Star (Christchurch), Issue 19239, 28 November 1930, Page 3

COMMERCIAL.

STOCK EXCHANGE CHRISTCHURCH. Following are to-day’s quotations:— Buyers. Sellers.

Sales on ’Change—Comm. Bank of ™ ust ’’ 16s Union Bank of Aust., £9 13s; New Zealand Breweries (cum div.), 43s 6d (3 parcels); Mount Lyell (cum div.), 19s 9d. Number of Shares. 100 Comm. Bank of Aust. 20 Union Bank of Aust. 150 New Zealand Breweries (cum div.) 100 Mount Lyell (cum div.) AUCKLAND EXCHANGE. (Special to the “Star.'’) AUCKLAND, November 28. The market for Bank shares continues to be rather quiet, but there has been greater activity in the class devoted to Government and local body stocks and trading debentures. Several parcels have changed hands since noon yesterday. At this morning’s call there was an easier tone in the banking section The best buyers for Commercials stopped at 16s 6d, and for New South Wales at £3O 10s. Bank of New Zealands were weak, being offered at £2 15s. Unions had a sale at £9 12s, a drop of 4s 6d in eight days, after which the best bid was £9 9s. New Zealand Breweries steadied again with buyers at £2 2 9d. A buyer for Waipa Collieries advanced his bid to 6s 3d. There was little inquiry for Australian stocks, and Electro Zinc prefs were offered at 17s 9d/ At the noon call, bank shares were still weak. Bank of New Zealand changed hands at 555, a drop of 9s since yesterday, after which 54s 6d was the' best offer. Buyers for Unions dropped out, and the best bid for New South Wales was 10s lower at £3O. Kauri Timber were asked for at 10s. and Kaiapoi Woollens at 7s 6d. A bid of £1 10s 6d was received for British Tobaccos. OTHER EXCHANGES. Per Press Association.. AUCKLAND. November 2S. Sales on 'Change—Farmers’ Trading, 7s 3d; Union Bank, £9 2s; Bank of New Zealand, 555. Sales Reported—Bey land O'Brien Timber, 22s 9d; Auckland City 51 per cent (1939 and 1940 issues), £95. WELLINGTON, November 2S. Sale reported—National Bank of New Zealand, £5 10s and £5 10s 4£d (cum div.). DAIRY PRODUCE. LONDON QUOTATIONS. (United Press Assn.—By Electric Telegraph.—Copyright.) (Received November 28, noon.) LONDON, November 27. Butter.—The market is lifeless. Quotations are:— Danish, 1265; choicest salted New Zealand, 102 s to 104 s; exceptionally fine, 106 s. Australian, 96s to 100 s; unsalteds. New Zealand, 146 s to 148 s; Australian, 120 s to 124 s per cwt. Cheese.—The market is dull. New Zealand, white 665, coloured 64s per cwt. Australian, white 645, coloured 62s per cwt. The following is a copy of a cable received by Dalgety and Co., Ltd., from Samuel Page and Son, dated November 27: Butter.—The market is weak. Danish, 126 s to 130 s; finest New Zealand, 98s to 104 s; finest Australian, unsalted 112 s to 116 s, salted 95s to 100 s; g.a.q., 90s to 945. Cheese.—The market is demoralised. Quotations are: —New Zealand, white 64s to 665, and coloured to 645; Canadian, spot white 72s to 78s, and coloured 72s to 765.

MELBOURNE MARKETS. <United Press assxi. — By Electric Tel egraph.—Copy right.) (Received November 28, 11.30 a.m.) MELBOURNE, November 28. Produce quotations are:— Wheat—2s 5d to 2s 6d a bushel. Flour—£B to £8 5s a ton. Bran —£4 a ton. Pollard—£4 15s a ton. Oats —Is 9d to 2s a bushel. Barley—English 2s 3d a bushel. Maize—4s Id a bushel.

£ d. £ N.Z. GOVT. STOCK 45 p.c. Inscr.. 1938 and 1939 .... 45 p.c. Bonds, 193S 98 15 0 and 1939 .... 98 0 0 5i p.c. Bonds, 1937 96 0 0 o-J p.c. Inscr., 1933 99 7 55 p.c. Bonds, 1933 99 1 0 55 p.c. Inscr., 1936 99 5-1 p.c. Bonds, 1936 99 5 OTHER DEBENTURES 5 p.c. Rural Bonds, 1947 Auckland Harbour 90 0 0 5 p.c., 1935 BANKS— Aust. of Comm. Australasia .... 10 0 0 6 Comm. of Aust. 0 9 Comm, of Sydney 18 0 E. S. and A Natl. of A'asia 5 5 0 (£10 paid) 0 Natl. of A'asia (£5 paid) 0 0 6 Natl, of New Zealand (cum div.) 0 New South Wales 30 12 Union of Aust. . . INSURANCE— 9 12 6 y 14 0 Standard 10 LOAN AND AGENCY— Goldsbrough Mort SHIPPING 1 0 0 1 0 11 P. and O. Deferred Stock (cum div.) 2 o 0 FROZEN MEAT— N.Z. Refrig. (£1 paid) 0 S 0 0 N.Z. Refrig, (pref) COAL— 0 3 0 Grey Valley (cum div.) GAS— Auckland 1 Auckland (contr.) Christchurch (10s 0 17 paid) 0 12 6 Timaru BREWERIES— 1 1 0 Carlton 6 New Zealand 4 6 Staples l IS 0 0 Timaru Timaru (5s paid) 0 3 0 13 3 Tooheys 0 f. Tooths MISCELLANEOUS— 1 3 0 1 4 6 Allied Motors Australian Distil0 0 4 0 0 9 lery Australian Glass 1 1 6 (cum div.) 1 6 0 9 0 Beath and Co. British Tobacco Lui\lop Pertiriau 1 11 7 1 11 9 Rubber Electrolytic Zinc 0 11 6 (pref.) Greater Crystal 0 17 3 0 17 6 Palace 0 Holden’s Motors . Howard Smith . . Miiburn Lime 0 14 0 Mount Lyell (cum div.) N.Z. Farmers* Co0 19 S 0 19 9 op. (1st pref.) N.Z. Farmers’ Co3 10 0 op (“A” Pref.) N.Z. Farmers’ Co2 10 0 op (“B” Pref.) N.Z. Farmers’ Co2 2 0 op (65 p.c. Stk.. 3940) Quill, Morris .... Victoria Nyanza 0 5 6 0 9 0 Sugar 1 Taranaki Oil Wilson’s Cement 0 0 0 G (ex div.) .... Wunderlich .... MINING— 0 11 3 0 14 0 Cornish Point Kawarau Mahakipawa .... 0 0 Okarito Stoney Creek (7£d 0 5 G 0 8 paid) Winding Creek (Is 0 13 G 0 14 paid) Winding Creek (9d 0 0 1 0 0 5 paid) North Broken Hill 0