COMMERCIAL.

Star (Christchurch), Volume LXIV, Issue 849, 24 August 1933, Page 10

COMMERCIAL.

Quotations on the Stock Exchange. CHRISTCHURCH. on ’Change. Comm. Rank of Aust., 35s 10d Cprnitf. Bank pf Sydney (6). S. and A. Bank, £5 6s 6d. (4 ) 6frigreratln S (10s paid), 7s Id N.Z.' Breweries, 35s 6d Dominion Fertiliser, 13s 6d <5). Mount Lyell, 21 s Bd. Alexander Mines (13s 6d paid), 22s 9d Xokomi e t. S 3 <IS 2s - id < 2 >- Waihi Xirand Junction, 4s (3). Waitahu (5s paid), 7s sd. Salas Reported. Tooth and Co., 37s 9d. Humber of Shares. 100 Comm. Bank of Aust o? COmm. Bank of Sydney. -5 ,L. S. and A. Bank. 400 N.Z. Refrigerating. 100 N.Z, Breweries. 500 Dominion Fertiliser 3,00 Mount Lyell. 100 Alexander Mines. 800 Gillespie's Beach. *OO Nokomai. 5 -a Grand Junction. oO Waitahu. 100 Tooth and Co. Following are to-days quotations:—

OTHER EXCHANGES. i-HJIJI.M., IUA, -August sa’lei Exported—Xew Zealand N

papers, 26s 3d; Government 4 per cent Stock, 1946, £3OO 7s 6d. . , DUNEDIN, August 24. 3d a - s —Gillespie's, 2s 2Jd; Waitahu. 7s Sale ? reporter?—Commercial Bank, pref., £$ 35s 6d; Southland Frozen Meat, contr., 25s 9d; Dominion Fertiliser. 13s 90; New Zealand Breweries, 35s 9d; Gillespie's, 2s 2d. . yesterday—Daily Times, 435; Gillespie’s, 2s 3d. „ AUCKLAND, August 24. fc*aies—Goldsbrough Mort, 27s 9d (2)T g e } l \ 21s 8d; Gillespie's Beach,' Zs 3d; Refrigerating, contr.. 7s OAd: Westporl Coal. 22s 9d; Waihi, 24s 9d; Government 4 per cent Bonds, 194 6, £IOO ss. AUCKLAND BUSINESS. (Special to the “ Star.”) AUCKLAND. August 24. Business opened quietly this morning, only a few sales being completed at the first call. In the banking section, Commercials were easier, with offers to sell at 3.65, the best buyers offering 15s lOd. Goldsbrough Morts were in fair demand after sales at £1 7s. 9d. There were still buyers at 3d below that figure. Geor Meats were again offered at £1 12s fid. bringing a buyer at £1 10s. In the mining division, Waihis eased another penny, with sellers at £1 4s 9d. Buvers offered £1 4s Bd. For Blackwaters, buyers quoted £1 13s 9d, but holders were firm at £1 16s. A SMALL PBOriT. (Special to the “Star.*’) AUCKLAND, August 24. The thirty-first annual report to be submitted at the annual meeting of North Auckland Farmers' Co-operative, Ltd., to be held on September 14, states that the result of the year’s working was a small profit of £I4S, compared with a Joss of £2354 last year.

DALEY COMPANY'S BONUS. .Per Press Association. HAMILTON, August 24. At the annual meeting of the N.Z. Dairy Company, Hamilton, the gross turnover for the season was disclosed at £5,179,033, compared with £5,165,171 last season, an. increase of £13,862. Bonus payments, totalling £381,101 15s 2d, will be made to suppliers on Thursday, August 31. DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company, Ltd., Christchurch, have just received a cablegram from their London office giving the following information:— New Zealand Dairy Produce.—Butter, 91s; cheese, white 475, 48s, coloured 3ls. The market is very slow.

LATE SALES YESTERDAY. Christchurch—Sales on ’Change: Bank Australasia, £l2 2s 6d; Bank New South Wales (cum div.), £32 10s (2); N.Z. Farmers, £1 15s 3d, £1 ]ss 4d, £1 15s 6d, £l 15s 7d; Mount Lyell, £1 Is 7d (2). Sales reported: N.Z. Inscr., 3J p.c., 193843, £101; N.Z. Bond's, 4 p.c., 1955, £IOO 10s; Commercial Bank Australia, 16s Id; National Bank New Zealand, £4 2s 3d; Westport-Stockton Coal (pref ), is 9d. Auckland—N.Z. Bonds, £lOl ss; N.Z. Inscr., 3* p.c., 1939-43, £101; N.Z. Inscr., 4 p.c., 3955, £IOO 30s; Commercial Bank Australia (2), 16s; National Bank New Zealand, £4; Bank New Zealand. £2 8s 4d; Bank New Zealand (D. Mort.), £1 12s; Goldsbrough Mort, £1 7s 6d; Renown Collieries (ord.), 2s 3d; Auckland Gas, £1 3s 3d; P. and O. (dfef. stk.), £1 2s 9d; N.Z. Newspapers (2), £1 6s 3d; N.Z. Refrigerating (£l paid), 16s; N.Z. Refrigerating (10s paid), 7s o*d; Wilsons Cement, £1 14s (2); Gillespie's Beach, 2s 3d, 2s 4d; Kawarau, 6 2d; Waihi. £1 4s 9d (4); Grand Junction. 3s lOd (3); Grand Junction, 3s lid (2). Wellington—N.Z. Inscr.. 4 p.c., U»49, £ l Ol J? s; SZ ' Inscr - 4 p.c.. 1955. £IOO 10s; Bank New Zealand (August 22). £2 8s 4d; Bank New Zealand, £2 8s 3d (2)Goldsbrough Mort, £1 7 s 9d; Westport Coal (August 22), 13s; Colonial Sugar. CoS <s 6d; N.Z. Paper Mills. £1 7s sd; King Solomon, 2s. Dunedin—Sales reported: Commercial Bank Australia, . 365; Wilson's Cement. 14s 3d; Gilliespie's Beach. 2s 3d Bell Kilgour, 3s 4d; Bell Hooper, 9d (2) 9?.dOkarito (cum div.), 325 : N.Z. Inscr., 4 p.c., 1940 (January), £IOO 7s 6d.

THE EXCHANGE QUESTION. (Special to the “Star.”) -. , DUNEDIN, August 24. Discussing the exchange question, a representative of a leading importing firm stated that the New Zealand agents of big proprietary firms were placing funds received from Dominion orders on fixed deposit in the banks here and sending the deposit slip to their principals at Home. The firms were able to obtain better returns for bank deposits here than in England. When he recently visited Australia he was informed that the oil companies were spending huge sums on installations and premises in the Commonwealth, so that they would not lose on money being sent Home and to America. BANK OF N.S.W. SYDNEY. August :>3 The Bank of New South Wales has declared an interim dividend at the rate of os per share, in Australian currency. for the quarter ended June 30 The dividend is pavable on August 30.

SALE OX* A FARM. Messrs Evans and Bull, 63, Cathedral Square, report that following on the auction last week they have sold, on account Mr J. A. Gellety. his 41 acres of hillside grazing land at Governor’s Bay to Messrs Loader Bros. 6 CITY PROPERTY SOLD. Following on offering it bv publb auction, Messrs C. E. Jones. Ltd., estate agents, 174, Manchester Street, report having sold on account of the trusteesin a deceased estate, the property situate 275. Hereford Street, City, comprising section of 26 2-5 perches of land, together with the dwelling house of 8 rooms and other , improvements, to a client. ' . C. .

Buyers. Sellers. N.Z. GOVT. STOCK s £ s d. "i-P-c. Inscr., 198819.43 3i .p.e. Inscr.. ibsk301 0 0 300 p.e. Inscr., 1939u Si.p.e. Inscr., 130v 1 - u 3 00 1 P- c - Inscr., 3 34 0 r * P-c. Inscr., 1946 301 0 0 « p.c. Bends, 3940 100 0 100 10 0 1 P-9- Bonds, 3 946 4 P.c. Bonds, 3 94 9 4 p.c. Bonds, 1955 101 0 0 101 0 OTHER DEBENTURES County aiajco, 6| p.c., 3 945 Refrig., 6i 75 0 0 100 0 0 Wl-ight-steplieiison 101 5 0 102 35 0 -5 P- c - Perpetual Gisborne .Sheep$7 0 0 farmers, 6 4 p.c. 3 941 .. S4 90 Booth. Macdonald, u Si p.c., 1937 . 40 0 0 BANKS— Australasia .... Comm, of Aust. .' comm, of Aust. 0 15 10 0 15 11 34 Comm, of Sydney 3 7 jj B., S. and A. ... 6 National of A’asia (£10 paid) .... National of A’asia 32 19 0 13 i 0 (£5 paid) .... 30 National N.Z. New South Wales (cum dlv.) .... New Zealand (“L>” z Mort Shares) . . Queensland Natlona Union of Aust. .. INSURANCE-— 17 South British .... * Standard (c. div.) 2 14 6 GOAN AND AGENCY— Dalgety and Co, . 9 „ Goldsbrough Mort National Mort. “A” 0 0 Corporation 0 6 7 0 6 9 (ord. stock) United Building: 50 0 0 0 SHIPPING— u U Huddart - Parker (cum div.) .... P. and O. Def. Stk. 1 1 10 0 1 10 6 FROZEN MEAT—

Canterbury (pref.) N.Z. Refrigerating 5 7 6 (£1 paid). .... N.Z. Refrigerating 0 16 0 0 16 3 (10s paid) .... 0 7 1 2 WOOLLENS— Kalapoi (pref.) .. COAL— 0 12 1 0 16 0 Grey Valley GAS— 0 12 0 Auckland ........ Auckland (fcOntr ) 1 3 0 17 Christchurch .... Timaru BREWERIES— 1 0 0 New Zealand Staples Timaru (7/6 pd.r . Tooheys Tooths 17 MISCELLANEOUS Australasian Paper

and Pulp . . . 7. . o 1 1 n Beath and Co. Beath and Co. (la paid) Beath and Co. 0 5 4 0 5 7 (prof.) British Tobacco . British Tobacco 1 14 5 1 14 9 (pref.) Broken Hill Prop. Colonial Sugar . . 1 16 6 Domin. Fertiliser . 13 Dunlop Rubber . . 0 Henry Jones Co-op. Howard Smith . . 11 Milburn Lime .... Mount Lyell .... N.Z.F. Co-op., 41 1 1 1 1 9 P.c. Stock, 1940 61 0 X.Z, Paper Mills . Vic. Xyanza Sugar Whitcombe and 0 14 0 Tombs Wilson’s Cement . Wool worths (N.Z.) 1 14 1 14 6 (pref.) Woolworths (Vic1 14 0 toria), pref 1 3 4 1 4 0 MINING — Alexander Alexander (13s 6d J 3 1 1 3 6 paid) Bell Hooper (9d 1 2 9 1 2 11 paid) 0 0 Bell Kilgour .... 4 i Big River Blackwater Central Shotover 1 14 3 1 15 0 (9d paid) 0 0 LI Consolidated 0 Fresh ford 0 Gillespie’s Beach (Is paid) 0 2 2 Golden Dawn .... 0 Golden Poipt .... Golden Sands (cum 0 0 - 0 0 21 div.) 0 2 King Solomon 0 1 11 0 2 0 Lawson’s Flat (Is paid) 0 0 0 1 1 Mahakipawa .... 0 0 2 0 0 24 Nokomai 0 Okarito (cum div.) Oxenbridge Shot0 12 0 0 12 14 over <9d paid) . 0 0 W a i h i Grand 1 * 0 Junction 0 0 0 l Waltahu (3s paid) 0 7 4 0 7 si Unlisted Stocks All transactions ii ock s quoted in this section are subject to do lble rate of brokerage and are not quoted c i the Official List. Buye Sellers. £ d. £ d Bell Hill 0 0 4 S Charleston Sluicing 0 1 11a Claude Neon Lights Industries, Ltd. I S b (12s 6cl paid) . . 0 10 0 Invest. f'iXec. Trust “ B” debs 90 0 0 92 0 Long Trail Maerewhenua (9d 0 1 3 0 1 8 paid) Mining House Con0 7 0 0 8 cessions (3d pd.) Moonlight Nelson 0 3 0 0 4 Creek (6d paid) N.Z. Perpetual For0 b 0 0 9 Phoenix ConfectionSkippers, Ltd. (3d 0 10 0 0 Smith Wyllie 0 Snowy River .... Sun Newspapers . . Temuka Flour 0 12 9 0 4 0 Wetherstones, Ltd*. (4s paid) W o o 1 w o r t.h ’ s 0 3 6 (X.Z.). ord 5 0 0