CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LVIII, Issue 17471, 3 June 1922, Page 6

CHRISTCHURCH STOCK EXCHANGE.

YESTEBDAY'S TRANSACTIONS. Sales reported:—National Bank of 2Jew Zealand (rights), £1 Os 3d; Kaiapoi WooHett (£1 paid), £1 ss. LATEST QUOTATIONS Buyers. SelUr*. £ l. d. £ «. <L

AUCKLAND STOCK EXCHANQE. (sruuiAi- TO "the TRESS.") AUCKLAND, June 2. CLOSING QUOTATION'S. ■Sellers. Buyers. £ s. d. £ a. d.

(fress association telegram.)AUCKLAND, June 2. Sales:—War Loan (1938), £33 12s 6d; National Bank (rights), 20a; Bank of New Zealand, 525; New Zealand Insurance, 28s 8d; Taupiri Coal, 15s 9d; Wilson's Omeat, 17a I fid.

DUNEDIN STOCK EXCHANGE. (special to "the tress.") DUNEBIN, June 2. CLOSING QUOTATIONS. Bayer*. Sellers. £ s. d. £ .a. d

TNVERCARQILL STOCK EXCHANGE. (special to "this mras.") I3TVERCARGILL, Juno 2. Sales reported:-—Settlement Bonds, at £9B 5»; Settlement Inscribed Stock, at £9B LATEST QUOTATIONS. Buyers. Sellers. / s. d. £ t. d.

NEW COMPANIES. Registration of the following *f« com ; panics is announced in this «e<« M" can U LepT «er and So*. Ltd B*£ .red as a private company May 16th, MS.. Capita!- £3500, in 35C0 shares « ** «"£• Subscribns-Christchurck: J- goUander 1500 "iid A. Hollander 800, S. Ho ander SW'M. Ho.landcr 200, and S. Hollander coo! Object?: To take over and carry oil as a going concern the business of Joseph Hollander and Sons, manufacturing merchants, importers, agents, and general. Hooi Hay Quarries, Ltd. Registered as a private company, May 20lh, 1922 Office: Christchurch. Capital: £12»0, into 12,0 shares of £1 each. c'msrch- L O'Brien 150, F. P. O. Smith 150 K.. Barnett, 130, W. C. Elliott 100, and JI. G. Sharp GSO. Objects: To carry on business as quarry owners and mcidenWeslon Bros, end Co., Ltd. Registered as a private company, May. 22nd, 1922. Office- 189 Hereford street, Christchurch. Capital: £6500. into 6500 shares of £1 each Subscribers—Christchurch: E. Weston 190 C, F G Weston ISOU, E. Wilson 900, T. Hob son 900, and S Kennard 1000. Objects. To aociii'.e and take over a3 a going concern and carry on the business lately . carried on at Christchurch by Weston Bros., fancy leather goods manufacturers and im-poit-prs,' etc. _ N.Z. Dominion Productions, Lta. Bolstered May 23rd, 1922. Capital: £IO,OOO, into 10,000 shares of £1 each. Subscribers— Christchurch: H. Waters, G. P.. Payne, W. S. Mitchell, B. Moor?, A. W. Owles, D. Spence; Nelson: G. Sullivan, each one share. Objects: Tht) making, production, and salo cf a cinematograph picture featuring Annette Kellerman, and to acquire property, rights, etc., arid carry on business of picture makers and producers. Fletcher, Humphreys and Co., Ltd. Registered as a pnvate company, May 24th, 1992. Office: Christchurch. Capital: £.<X>,oOo, into 80,000 shares of £1 each. Subscribers —Christchurch : G. Humphreys 75,000, W. T. Charkwood 4000. Objects: To acquire and take over as, a going concern and carry on the Dusines3 of general merchants, importers, exporters, and manufacturers, lately carried on under style of Fletcher, Humphreys and Co. Taubmans (N.Z.), Ltd Begistered as a private company, May 27th, 1922. Office: Wellington. Capital: £IO,OOO, into 10,000 shares of £1 esch: Subscribers—Sydney: (N.S.W.): Taubman.3, Ltd. 3333, Taubmans, Ltd. 3000; Wellington: A. Veitch 800, J. J. Williamson 500, R. Wilson 2367. Objects: To carry on in New Zealand a Business similar to that carried on in Australia under the name of Taubmans, Ltd., to carry on all ot any of the businesses of manufacturers of varnishes, oils, paints, and in exporters and importers, of tho same.

FBOZEN MEAT, Messrs Dalgety and Company, Ltd., have received tho following cable from their London office, dated Juuo Ist, 1922: Frozen Lamb—Fair demand.. Market weak. Wo are hopeful that"market will improve in two or three- weeks. We quota prime crossbred lamb, Canterbury, heavy IOJd, light lOJd; North Island, heavy 10d, light. lOjjd. Poor demand for Austra.ian lamb, for which we quote g.a'.q. crcssbred, heavy 9d, light OJd. Frozen Mutton—Poor demand. Market weaker. We quote prime crossbred mutton, Canterbury, heavy 6Jd, light 7Jd; North Island, heavy 6Jd, light .7Jd. Poor demand for Australian mutton, for which we (juote g.a.q. crossbred, heavy s£d, light 6d. Froson Beef —Limited demand and prices nominal. We quote New Zealand prime ox beef hinds 3!d, fores 2id. The New Zealand Loan and , Mercantile Agency Co., Ltd., have received a cablegram from London giving the following market information, under date May 31st: —• Tallow—We quote present spot values for the following, descriptions: —Fine mutton 40s Gd per cwt, good beef S7s 3d per cwt, mixed 32s 9d iver cWt. Market lower tendency. New Zealand Frozen Moat.—Lamb, lib. per lb; wether and maiden ewe, light 7Jd ppr lb, heavy &id per lb; ewe, light 6Jd per lb, heavy 5Jd per lb. Beef—Unchanged. (Last quotations May 10th, 1922:—0 x hinds 4d per lb, fores 2Jd ~r lb; cow hinds 31d per lb, fores 2d per lb.) ' ' . '

MELBOURNE MARKETS. (By Cable—Press Aesociatioß-Copyiighi.) (Australian and N.Z Cable Association.) MELBOURNE, Juno 2. Barley—English 4s, Capo 8s to 8s Id. Oats—is 2d to 3a 4d. Potatoes—£2 10s to £i 10s. Onions—£s to £6. The hideo market is irregular. Competition is not keen. Medium and light sorts declined id, and sloppy and inienor parcels fell id. INCREASE OF CAPITAL.

Eclipse Timber Co., Ltd. (Auckland), Capital increased to £5600 by creation of 3100 shares of £1 each, ordinary shares. Puketurua Co-op. Dairy Co., Ltd. (Auckland). Capital increased to £7OOO by creation of 1750 shares of £2 each (£3500), ordinary Farmers' Co-op. Association (IrjvercargiU). Capital of the company increased b v the creation of 15,000 shafts of £5 each -deposit preterence shares—making the capiU Hfdder° a nad Tolley, . Ltd.' (Wellington). Capital of the company increased from 60,000 oramary shares of £1 each to 55,000 ordinary shares of £1 each by the creation, of 5000 ordinary shares of £1 shares. Hukanui Co-op. Dairy Co., Ltd. (Wellington). Capital increased to £3OOO, into 3000 shares of £1 each. METALS. (Bv Cable—Press Association— Copyright.) (Australian and K.Z. Cable Association.) (Rtceivedi June 2nd, 11.45 p.m.) (Kcceiveoj uuue LONDON> Jun6 j Copper-Spot, £63 3s 9d; forward, £63 "LS-Spot, £25; £23 IS. Jd Spelter-Spot, £2B 2s 6d; forward, 427 Gd. Silver—36Jd per oz. GALVANISED IRON. (special to "the PRESS.") DUNEDIN, June 2. There has been an absolute lack of 9ft galvanised roofing iron in Dunedin. The Wiltshire had ninety-four tons of this aboard for the local agents of the premier manufac- , turin" firm. It looks as though the shortage must°continue for at least another couple of months. DOMINION RUBBER CO. The "Otago Daily Times" says:-In response to a requisition, an extraordinary general meeting of shareholders in the Dominion Rubber Company was called for Friday afternoon to consider and, if thought fit, <o rescind the following motion, which -was passed at the last annual meeting of shareholders, viz.:-"That the directors c*ble tie manager to come to Now Zealand by the first available steamer to consider the best means of stopping the serious loss that is now daily accumulating, and that four shareholders be asscciated with the directors when discussing the position with the manager." A further purpose of the meeting » to review the position of the company end its management and finances, and to adopt such resolutions or resolve, upon sum action as may seem desirable in connexion therewith. ,

DEBENTURES— N.Z. Govt. 4j per cent. Inscribed, 1938 — 94 5 0 N.Z. Govt. 4i per cent. Bonds, 1233 — 94 6 0 N.Z. Govt. 5 per cent. Bonds, 1937 — 95 0 0 N.Z. Govt. 6i per cent. Inscribed, 1933 — 9T 17 6 VToolston Tanneries "A" 6 per cent, 19-25 — 96 0 0 BANKSKational of N.Z. (cum rights) 6 0 0 — National of N.Z. . (rights) 1 0 0 — New South "Walea (rights) ... 13 10 0 13 16 0 New Zea'.anu 2 11 0 ■1 12 0 Royal Bank (£1 pd.) .- 1 9 6 1 10 6 Urion ot Australia .. 12 10 0 12 15 0 insurance:— National 3 3 0 South British 1 16 0 1 17 0 and agency— Uoklsbrousrh, Mort (cum div.V 1 18 6 — National Mortgage 3 4 0 — SHIPPING— Huddart-Parker ' .. — 2 9 0 FROZEN MEAT— Canterbury 13 5 0 14 15 0 N.Z,. Refrigerating (£1 pai.1) 1 5 6 18 0 N.Z. Refrigerating (10s ■ paid) o'n 0 0 14 9 COALWestport — 19 6 "WOOLLENS— Kaiapoi (£1 paid) — 15 3 BREWERIES— Crown — 1 15 3 MISCELLANEOUS— Beath and Co. 1 6 0 17 0 Colonial Sufrar 30 0 0 32 0 0 Mason, Struthers (£1 pd.) 1.2 0 15 0 Mason. Strainers (14s pd.) 0 14 0 — N.Z. Drug Co. 2 12 0 — Whitcombe and Tombs 2 19 0 —

BANKS— Australasia 13 2 6 — National — r. is 0 National (rights; 1 0 G 0 19 9 New Zealand .. 2 12 0 2 U G Union of.. Austr: aiia .. 12 11 0 12 11 0 P. and 0. — 13 10 INSURANCE— National — 3 2 New Zealand .. 1 8 9 1 8 South British 1 1G G 1 16 1 Standard — 1 9 0 '•MAAaCJAL— N.Z. and r Plata •— 0 18 6 Loan and Mercu sntile .. 71 0 0 67 0 0 Loan and, Me :rcantilo luref.) — 62 0 0 COAL— Tuupiri 0 1G 0 0 15 G "Westport 1 9 3 — SHIPPING— Huddart-Parlcer (drd.) 2 8 3 ' 2 7 3 P. and 0. (def.) 320 0 0 305 0 b Union Steam (pref.) .. 1 0 0 0 18 9 WOOLLENS— Kaiapoi (pxef.) 1 2 0 Moagiel — 6 O 0 Wellington — 8 7 6 MINING— Ohinemuri 0 3 6 — Waihi 1 1 9 1 1 3 Waihi Grand Junction 0 6 10 0 6 8 Muir's Reef .. 2 10 0 — DEBENTURES— N.Z. War Loan, 1980 .. n o 0 — N.Z. War Loan, 1938 .. 91. 0 Q 93 12 .6 N.Z. War Loan, 1939 .. ,94 0 0 93 10 0 N.Z. War Itoan, 1941 .. 91 0 0 — N.Z. War Loan, 1927 .. — 94 0 0 Soldiers' Loan, 1933 .. 97 37 6 97 12 G

UINING — luse and Shine 0 2 0 — Rising Sun 0 2 6 — Nokomai Hydraulic .. 0 8 0 ■"" Wailii (ex div ' ' — 12 0 Waihi Grand Junction 0 0 3 0 7 0 Mount Lyeil .. 0 17 6 0 18 2 BANKSAustralasia — 13 5 0 National 5 19 0 6 2 0 National (rights) 10 0 10 6 New South Wslcs — 37 5 0 New Zealand .. 2 11 9 2 12 0 Union .. 12 10 6 ■12 15 0 INSURANCESNational "340 — New Zealand - 1 8 6 18 9 South British.. 116 0 1 17 0 Standard ... 18 6 1 10 6 SHIPPING— P. and 0. (def.) — 320- 0 0 Union. Steam (pref. exdiv.) 0 18 0 — Huddart-Parker (ord.) 2 7 9 2 8 0 COAL— Wcstport (ex div.) .. 1' 8 3 19 3 Westport-Stockton (ord.) — 0 5 2 Taiipiri (oid.) 0 15 0 0 16 3 FINANCIAL— Uulgety and Co. 9 5.0 ■ — ' Goldsbrough Mort 1 18 ; 0 '200 National Mortgage .3 4 0 — N.Z. Loan, and Mercanlile .. . .. 70 0 0 — N.Z. Loan and Mercan-, tilo (prcf.) 60 a 0 — "Wright, Stephenson (ord.) —- 17 0 N.Z. and River . Plato 0 18 9 — MEAT— N.Z. Refrigerating (pd.) . J18 0 N.Z. Refrigerating (cont.) 0 13 10 0 14 3 Southland Frozen Meat (paid) — 17 0 WOOLLENS— Kaiapoi. (ord.) 15 0 15 0 MosEfiel .. 6 2 6 MISCELLANEOUS— Brown, Ewing and Co. • (prcf.)0 18 6 D.I.C. (ord.) 0 16 premium. D.I.C. (pref) 0 18 6 10 0 Dominion Rubber 0 11 0 Donaghy's Rope and Twine ■1 11 0 1 12 0 Duncdin- Slock Exchange Propty. 1 18 6 2 0 0 Dunedin-Kaikcrai Trams 18 0 Empire Buildings 10 0 N.Z. Paper Mill* i 0 G 116 N.Z Paper Mills (new issue) 0 0 9 premium. N.Z. Dru? Co. <£2 pd) - 2 12 0 N.Z. Express Co. 7 13 0 8 16 0 Wilson's Cement — 0 17 7 MilVtnrn Cem-nt 1 10 6 1 11 6 Otnj;o Daily Times 2 6 9 Perpetual Trustees 1 15 0 Trustees Executors 2 6 6 National Electric — 16 6 Smith and Smith (pref.) 0 17 0 INVESTMENT— N.Z Govt, War Bonds, 1930 (4J per cent.) 94 12 6 N.Z. Govt. War Bonds, 193S (4h per cent.) 94 7 6 N.Z Govt. War Bonds, 1933 (4J p-u- c»nt.) 94" 10 0 N.Z. Govt. Inscribed Stock (4} per cent.) 94 10 0 Post Office. 5 pel cent 1927 Bonds 94 0 0 Post Office Bonds. 1929 94 0 0 Post, Office Inscribed .. 94 0 0 So'diers' Bond* 98 5 0 97 17 6 U»1A 0 Soldiers' Inscribed DUNEDIN, J ., Sa !? ?P Change:-Bank of New Zealand >1? flu, 52s. ' Sata reported:—New Zealand Rcfriceratinsr (10s raid), 14s 3d. «oingerat-

BANXSNew Zealand Commercial National •• - 2 11 6 1 15 6 6 2 0

COAL— >.'.£. Coal and Oil «— 2 9 0 Westport — 1 9 6 INSUI^'CE— New Zealand 1 8 0 — MISCELLANEOUS— Southland Farmers' Coop. (ord.» — •2 0 0 U.Z. Sugar of Milk — 1 8 6 Southland Frozen Meat (£1 ord.) .. 1 4' 0 1 5' 6 Southland Frozen ] ileat (10s ord.) .. 0 12 0 0 12 9 Southland Frczcn Meat ( P Kf.) .. 1 4 0 1 5 6 Milburn Lime and Ce-' ment Co. .. 1 10 0 — Kew Zealand Drug °2 11 9 — Papuan Products — Q 0 1 INVESTMENT— War Bonds (.19-°) 94 0 0 0 "War Bonds, 1928 — 94 15 War Bonds, 1939 Inscribed. 1039 94 15 94 13 0 0 Settlement' Bonds Inscribed ■•• 98 0 0 93 10 0