COMMERCIAL.

Star (Christchurch), Volume XLIV, Issue 185, 6 August 1931, Page 6

COMMERCIAL.

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

Sales on 'Change—National Bank of New Zealand, £4 Is 9d; Union Bank of Aust., £6 9s 3d; Goldsbrough Mort, 19s 4d; New Zealand Breweries , 28s 6d; Whitcombe and Tombs, 52a 9d; Cornish Point, 6d. sd; King Solomon, 2s 2d, 2s ljd; Okarito, 9s lOd (2). Number of Shares. 25 National Bank of New Zealand, j 20 Union Bank of Australia. 100 Goldshrough Mort. 100 New Zealand Breweries. 50 Whitcombe and Tombs. 600 Cornish Point. 500 King Solomon. 100 Okarito Mining. AUCKLAND BUSINESS. (Special to the “ Star.") AUCKLAND, August 0. At fresh bidding this morning, there was very little animation and only a moderate inquiry in the banking section. Commercials were definitely easier, and there were sellers at 13s 9d, with 13s the best buying offer. New South Wales and New Zealands were steady, with buyers at £24 5s and £2 8s 3d respectively. Interest in Moturoa Oils continues, and a sale was made at 5s 3d, after which holders asked 5s 6d. Taranaki Oils were available at Is 6d. Thera has been a decided drop in King Solomons, and after a sale at 2s 3d there were more ottering at 2s 2d. Tax free bonds were again asked for at par. A parcel was offered at £IOO 15s, and one of inscribed at £IOO 7s 7d. For 51 per cents (3937) £99 12s 6d was bid, and 2s 6d less for inscribed stock. OTHES SZCSAVOBB. Per Press Association DUNEDIN, August 6. Sales on 'Change—Okarito, 9s lid; Cornish Point, 6d; King Solomon, 2d. Sale reported—Standard Insurance, 45s (cum div.). AUCKLAND, August 6. Sale reported—Moturoa Oil. 5s 3d; Kins Solomon, 2s Id; Auckland Gas, 22s 9d. DAISY PRODUCE. The New Zealand Loan and Mercantile Agency Company, Ltd., Christchurch, have received a cablegram from their London offices giving the following information, under date August s;—New Zealand dairy produce; Butter, 110 s. The market is steady hut quiet. Cheese: No change in quotation. NEW ZEALAND APPLES. The New Zealand Fruitgrowers’ Federation report having received the following cablegram from the High Commissioner’s office, London: "Trade is very slow at present, owing to American 1 Gravenstein and English apples now coming on the market. Current prices for fruit ex store are: Sturraere, 10s 6d to 12s, Doughertys, Roke woods and Statesmen, 11s to 3 4s; Grannie Smith, ■ 12s to 15s. A small quantity is not stored, and the remainder are selling slowly at lower prices."

Buyers. Sellers. £ d. £ d. N.Z. GOVT. STOCK— 4£ p.e. Inscr., 103 8 90 0 100 6 5* p.c. Inscr., 1033 99 0 5i p.c. Inscr., 1933 99 2 6 99 17 6 6i p.c. Bonds, 1033 99 5 0 5£ p.c. Inscr., 1036 99 0 0 5A p.c. Bonds, 1936 99 h 0 99 15 0 5 0 100 0 0 5i p.c. Bonds, 1937 99 7 6 100 0 0 OTHER DEBENTURES North Canty. Hospita 1 53 p.c.. 1940 100 0 0 101 0 0 BANKS— Aust. of Comnierce 0 Australasia S 7 6 8 11 Comm. of Aust. (ex div.) 0 13 3 13 Comm. of Auftt,.. (pref., ex di«N) 11 0 Nati. of New Zealand 4 0 0 4 2 0 New South Wales (cum div.) 23 17 r, 24 7 New Zealand .... 2 X Union of Aust. .. 6 8 6 6 9 0 INSURANCE—Mercantile Mutual 0 13 0 National 0 13 9 0 12 11 Queensland ...... 3 2 6 South British .... 3 10 Standard (cum div.) 2 4 9 LOAN AND AGENCY— Christchurch Building - Society 11 15 0 12 10 0 Dalgety and Co. . . 6 6 0 6 12 0 Goldsbrough Mort. 0 19 3 0 19 5 N.Z. Guarantee Corpn 0 4 7 0 5 0 United Building Society 0 14 0 0 15 6 SHIPPING— Union (pref.) .... 0 19 9 FROZEN MEAT— Canterbury (ord.) 3 10 0 N.Z. Refrig. (£1 paid) 0 11 3 N.Z. Refrig. (10s paid) 0 2 1 0 3 3 WOOLLENS— Kaiapoi (17s paid) 0 5 0 0 7 0 Kaiapoi (7s paid) . 0 1 6 COAL— Taupiri 1 0 0 1 1 9 Westport. 1 3 6 1 4 0 GAS— Christchurch .... 1 4 9 1 5 6 Christchurch (10s paid) 0 11 4 BREWERIES— New Zealand .... 1 S 6 1 9 0 Staples (ex div.) . 1 5 0 1 6 3 Timaru 0 13 0 Timaru (5s paid) 0 4 0 0 5 y MISCELLANEOUS— A m a Igamated Wireless (contr.) 0 13 6 Australian Glass . 1 2 3 British Tobacco . - 1 3 6 1 4 0 Beath and Co 1 2 0 1 3 0 Colonial Sugar 35 0 Donaghy Rope and Twine 1 5 2 Electro. Zinc. (pref.) 0 16 6 Mount Lyell .... 0 16 6 0 a N.Z. Farmers’ Coop. (“A" pref.) 1 15 0 N.Z. Farmers' Coop. 64 p.c. Stock, 1940 55 0 0 60 Q 0 N.Z. Farmers’ Coop. 6 J p.c. Stock. 1945 55 0 0 N.Z. Farmers’ Coop. 6£ p.e. Stock, 1945 (“B” pref.) 1 10 0 North Canty. Coop. Flour 0 7 6 0 15 0 Whttcombe and Tombs 2 11 9 2 14 9 Wilson's Cement . 1 15 0 1 IV 9 Moturoa Oil (5s paid) 0 3 0 0 5 3 MINING—. Cornish Point .. 0 0 4 0 0 5 King Solomon . . 0 2 0 0 3 2 Mahakipawa .... 0 0 04 0 0 74 (pref.) 0 0 R? o 0 11 Okarito 0 9 9 0 10 0 Waihi Grand Junction 0 3 9 0 4 0 Golden Point (Is paid) 0 1 4 0 1 7 Golden Point (lOjJd 2 0 1 7 Golden Dawn .... 0 6 0 0 9 0