CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LX, Issue 18237, 22 November 1924, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Siles Reported—Baci of Souti. TValea, £4l, £H ss; leaning 33s 6d. Salw on - 'Ch*2je— Mori,- 4S»; JT.Z. (coctr.), 11b lid (3 pares!*). LATEST QUOTATIONS.

OTHER EXCHANGES. (PRESS'ASSOCIATION TELKGBAMB.) ... AUCKLAND,- November 21Sales—Bank of New South. VVales, • £4l; New Zea-l&ijd Insurance, 30s; Auckland Gas, 245.;. P. .and. O. (def.), £BOS ; National Timber, 23s 6d; Milne and Choyco Debenture Stock, 22s 6d; Wilson's Cement, 30s. WELLINGTON, November -31. Sales-reported:—War Bonds, 1933, .±'lol 10s; Bank of New South Wales, £4l 2s 6d (cum div), two parcels; Union Bank, . £l3 15s (two parcels), £l3 16s 6d; Huddarfc-Par-ker (ord.), £2 3s 6d; Wedtport Coal,. £1 14s 3d. ;i . DUNEDIN,. November 21. Sales—New Zealand Refrigerating (contr.), 12s,(two/parcels); . ; Reported—Grown - Brewery,. 46a .; . LEESTON STOCK SALE. , The attendance at yesterday's- stock market. at s>eeston was scarcely as largo as usual, but there was a, fair entry of .etock, the yardings comprising' a number of email lines of sheep, 100 fat pigs, 170 store pig«, . and, 50 .head. of cattle.. All. classes of sheep sold' exceptionally well, but fat'pigs showed; a decided weakening, prices being well below tlioso ruling at the previous sale. Store

U.S. STOCKS BOOMING. NEW FORTUNE FOR • ROCKEFELLER. (itrSTBALIAN AKD JT.Z. CABLE ASSOCIATION.) ! (Beoeived-. jtfovember Slrt, 10.50 'p.m.) ' NEW' 'YORK,. November 20. One result of .the' cyclonic market has been to increase John D. Rockefeller's Fortune by IJ. 1,000,000 dollars.: Hia. holdings iri ; nine.rS.tandard Oil.-units -increased by over 98,000,000 • dollars in. market value, • while the- dividends therefrom will,- at a, minimum, be ■ 13,000,600 dollars. '- -. '••• 1 .continued at high; pressure to-day, ; raile leading tho renewed : adviance. .Threo new recorda wore'.made : tho sales exceeded anything'-in'/ihe 'History .of - th© : •Stock .Exchange, - the- number of •' issues traded'in' was tho greatest, and the -uver•ago for • representative industrial and rail-' road stocks was. the highest.

It. ia now frankly admitted that many values are above those ' warranted by earnings. The- public" is .rushing, into a market which'i« highly epecidative;- but • there, ia'no; sign- yet of the inevitable - reaction. CHICAGO WHEAT. / Uvrnu&ux un> b.e. cixLZ Msocimov.) (Received November 21st, 1050. p.m.)-- ; 1 CHICAGO.. November 20. Wheat: December 149-cents a, bushel; May 157J; ■ J-uly 139; < ; TALLOW. The: New Zealand Loan »nd. Mercantile Agency Co., Ltd., have received the following cablegram from London under dato 19th instant: — ■ "Tallow—"We qyoto present spot values for the'following descriptions: Fine mutton_s3s per cwt, good .beef 50s 9d per. crwt, mixed 47s per cwt. Market upward tendency." . RANGIORA HORSE SALE.

pigo. sold well, but there was little change in cattle. • The ehecp galea included tho following:— Account of clients, 3 wethers 37s 6d, 17 owes '3os, 6 wethers 28s, 22 store " ewes and wethers lis 3d, 5 wethers 33s 6d, 11 ewes 28e 9d. 36 two-tooth wethera 27s 3d, 0 fat owes 29». 9d, 30 two-tooth ewes 239 6d, 4 two-tooth wethers ,13s. Bacon pigs brought 71s 6d to. 863, choppers from 60s, porkers 39s to 58s. Springers made £4 to £6, fat cows to £9,' cows in profit £s, yearlings 55f1, calves 15a, bulls 25s to 635. SALE REPORT.

Craddock's Agency 'Coy. Limited, report having sold two valuable leases' of boarding establishments in -the city, the one being that finely situated property ■ at. the corner of Armagh and Durham etrcets, right- opposite the Government Buildings. and Art Gallery, known an "Khartoum,", to Mrs E. Daviea,. who intends carrying on an exclusive establishment, second to none in the city, and the other that well and. favourably known property, being No. 241 Gloucester etroet, comprising nearly i-acro and dwelling of about 5t4 rooms, etc.', known as "Rawhiti," which will bo conducted «b a, high-class •boarding-house. -6 SALES OF FURNITURE. Jones, McCrostie Company,' Ltd., held successful clearing ' sales on account of Mr Vautier, -on the premises, Hereford street, on Tuesday and on acoount cfMrsG ardiner, een.,.on-the premises, Clyde toad, on Thursday. Amongst the various items sold.'.the following prices were realised:—BrMdwood piano ±75;" 3-piece suite £2O; 2 occ. chairs £8; gramophono £l6; carpet £6 10s; rug £2 10s;, secretaire £3 2s 6d;. carpet £G; wardrobe £6 10s; carpet; £$ 10s; wardrobs £5 10s; 2 duchesse chests £8; carpet £ll '10s; dining chairs £11; sideboard £5; dinner service £3 15a; runner £5; carpet £22 10s; rug £2 loo; dinner service £6 103* sideboard £-2; chesterfield £ls; 2 easy chairs £lB 10s; 5 chairs £5 ss; 6 chairs £l6: cottage pia.no £49; carpet £23; chesterfield £l2; carpet £2O; lounge, chair £5 ws; runner £6 15b ; carpet £2O; bedroom suite £3l; small ©uito £l6 lfc; wardrobe £6, 3 single fcodfl'teadß ~10.

The Rational Mortgage and ■ Agency Co. held a salo of; horses at Kangiora/yesterday. The entry was "mail, draughts changing hands at £l2 10s to £25 and hacks realising up to £6. DUNEDIN. (special to;"iot phsss.';) ;- _ •'• DUNEDIN, November 21, Several sampler of oats, representing small lines, have been coming forward, and •offeTS.Tound about 5s 2d and'6s 3d at country stations have been- received, find this about represents the market to-day. Canadians of fair quality can -be obtain*! ex store at 63 9d, sacks in, and New Zealandgrown as 6s, .sacks extra. Wheat' values remain firm, but offerings are practically nil. Poultry feeders, are keen buyers whenever a line comes on the' market. The quotation is 7a 9d, sacEs extra.. ■■ . . Few. lines of remarkably good old potatoes are now available. There is. still an enquiry for EJiything of f.a.q. quality, and values remain at'up to £7 10s per ton. ex truck, for whites. Reds are not-wanted at I present. | . The supply of chaff is quite equal if not in ezcefa o£ the demand, which ia purely local. 'Shippers cannot operate ot tho present ruling high prices. A few lines t-ie still being offered from various parts of the country, and the value to-day for prime ex truck iB £B'los per ton, Backs extra.

GOLD. nwnived November t>lst, 7.55 p. to.) ( .Received L<)l> -p ONi November 20. The price'of 2«ld > 3 Ss 8(3 an ounce - HIDES. • MELBOURNE, November 21. At the bides sales 'bidding--was spirited, notab'.y for light kips- Values are unchanged.

I ' .. i FEILDING STOCK SALE. , (PSESS ASSOCIATION TBLEOBAIt.) FEILDING, November 21. At the Foilding eale to-day, bidding was very animated;- Some very prime cheep ,were yarded and sold at an average of fully Is to Is 6d on late aaJes. 3*hero was also a, marked Advance on all eheep in the store pons. There • was a, large yarding of all classes of cattle, the bulk of which was passed in, vendors' reserves being .largely in excess of buyers' ideas of values. An recorded, but no fat bullocks were yarded. No dairy stock was offering. Fat ewes made 26s 3d to 375, fat wethers 34s to 38s 3d, two-tooth sheep 28s 7d to 355, woolly four-tooth wethere 31b 3d to 39s 6d, fourtooth ewes (woolly) 335, two-tooth wether 23s lid to 288 2d, two and- four-tooth wewiers 23s :7d, store, ewes 22s to 23s 9d, four-tooth shorn wethers 29 3 to 335, black-face two-tooth wethers 26s 6d to 2&s 3d, fat heifers £6 15a to £8 10s, fat cow s £5 7s to £7 2s Gd, prime fat Shorthorn 'cows £lO. 6s, two-year-old Polled Angus steers £5 8s 6d, forward condition Shorthorn bullocks £6 17s 6d, three

frozen meat market. j - ! - DaJgety and Co., Ltd., have received the j following cablegram from their London office, | dated Kovembsr 23th: — I "Frown lamb—Demand for Few Zealand lamb has been checked by increased pnees naked. Market firmer. - We qiwt-e- prrmo crossbred lamb, Canterbury heavy, 12jd, North- Island heavy 12Jd. Active demand for j Australian lamb, which v -o quote g-a.q. I crossbred light 12Jd. • „ "Frozen mutton—Demand for New Zealand, mutton is good owing to oold weather. Mjai- j ket- verv firm.and t-epding. upwards. »*•} quota prime crossbred mutton, North Island ; heavy Bd, light BJd. • , i "Frojen beef—Demand for jN«w Zealand; beef ic active. Market firm owing to Bma.ll arrivals expected. W« quote ZealanaJ prims ox beef hind® 5Jd» fore® 4Jd.

year-old steers £5 los, poor-oonditkmed bullocks £S 7e 6<L yearling Polled Angus steers £3 15a, good-conditioned bullocks £7 10a, a-g#d bulls 15 to 18J guineas, forward cowe £2 10s to £3 ICs.

This ' Week. ■ Last. Week. Buyer*. Selleri !. Buyers. Saliers. •f e, d. £ 5. d. i' e, d, £ e. d. K.2. GOVT. DEBENTURES— 44 per-cent. Inscribed, 1935 and 97 0 1939 .. . ■ ■ _ 37 10 0 . 0 4J per cent. Bonds, 1950 97-10 0 — — per cent-. Inscribed. 1927 97 10 0 S3 0 0 97 10 0 — per rent. Inscribed, 19S3 ,, 101 1 6 101 10 0 100 10 0 100 17 6 6* per cent. Bonds, 1933 101 7 6 — 10O 10 0 — OTHER DEBENTURES— C'hnstchureh Drainage 5J per cent. 33 0. 0 —. Christ church Tramways, &i per cent. — 35 10 0 — — X.Z. Breweries Bonds .... — 1 2 0 — BANKSAustralasia- .. *. 15 1 0 13 3 6 — — Commercial of - Sydney 22 a 6 ■ 22 13 6 . — — National of Australasia (£10 pd. cum div.) ,, 13 10 6 ■ — — Now South. "Wales ,, 40 15 0 — 39 15 0 40 5 0 I\ew Zealand ,, 3 0 4, 3 1 0 2 11 0 1 17 Hoval (£1 paid) „ 1 IS O 1 13 6 — 0 Union of Aust. (ex. rights) .. 13 11 0 13 17 6 14 13 0 14 17 6 INSURANCE— National .» »» .. S 10 0 3 11 0 3 15 0 — ■ New Zealand .. ' 1 9 6 — — — 6 South British •• •• .. ' 2 2 6 — 118 0. 1 18 LOAN AND AGENCY— Goldbrough', Mori ... 2 7 9 ; 3 8 e 2 4.3. 2.5 ( 0 Goldabrough, Mort (new 2 7 0 - - 2; 7 3 — . 4 1 0 National Mortgage (ord 1 . 3 10 0 *— 3 16 0 N.Z. Loan and Mercantile i stock) ... ... 93 0 0 . — ■— SHIPPING— . Howard, • Smith .« ,, — 1 14 9 ■ — Huddart-Parker (pref.) 1-0 0 — 10 0 — FROZEN MEAT-. Canterbury .. . »» „ IS 12 6 -. 14 • 5 0 . . — — N.Z. Re'frig. (paid) .. 1 2 0 . 1 3 0 -.13.0 1 3 0 N.Z. Eefrig. (con.) .... 0 11 10 0 12 o 0 11 2 0 11 3 WOOLLENSKaiapoi (ord.) • 0 15 0. 1 0 9 1' 1 2 Kaiapoi (con.) . ,, . ■' M. 0 7 6 — 0 11 3 COAL— We'stport-Stockton .. 1.. — 0 3 3; 0o 3 0 5 8 Wcstport-Stockton (pref.) . 0 '5 3 . — GAS- " ' Christchurch . »« . *« .«* • 7 16 0 . 8 0 0 8 3 6 BREWERIES— Crown ... 2 4 6 - _ . 2 16 0 2 ; 17 3 Manning », .. 1 13 3 1 14 -3 1 -5 9 . Ward .. .. 210 0 — 2 0 0 2 2 9 CEMENTS— . " "Wilson's (cum dir. ) 1 9 6 — 18 6 1 8 11 TIMBERKauri (cum dir.) . lti l. •• 1 10 0 ■ 1 10 6 1' 8 0 '1 10 0 MISCELLANEOUS— Beath and Co. ... i..' 1 11 5 - ill e • 1 12 6 — Burns, '. Philp .. 1 13 0 ■' ' I 14 0 1 11 6 1 12 3 Electro Zinc (pref.) 1 7 3 1 7 10 ■ ■ —' • 1 8 : ' 3 Eleotro; Zinc (deferred) .... 14 0 ■ 1 '6 0 — Mason, Struthera (14s paid) — 0 16 0 • 0 16 0 Mason, Struthera (10s paid) „ — 0 11 3 — . : — Mason, Struthere (4s paid) ,, — 0 5 3 _ —. United Pictures ... i: e 0 — l' 6 0 MINING— Mti Lyell (cum div.) r.. 11 e 13 6 13 .3 ■ Waihi ... 1..; i s 6 — 17 3 1' 8 , 3