CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXI, Issue 18407, 13 June 1925, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S .TRANSACTIONS.

Sales reported—Kat-icaal Bank of 25ew Zealand (rights), • 26s* • (lota •• pafteli); Golds-

brough, 3£ort (cum dir.), i"s 6d;-Huddait-Parker, 4ts-Gd; TTcstport Coal, Sis Cd; Hcrny Jones Co-op., Lyell ilininj (cum div.), 21s ; lid...

Sales on 'Change—Bank of ICew ZcaJatd (notv), 363 3d: AVeMport Coal, 31s 6d. LATEST QUOTATIONS. Last ■ TVeet. L«*t Buyers. Sellers. Buyers. Sailers l>uyerj. tellers. ■

OTHER EXCHANGES. ,

ASHBURTON MARKET*

(MISS ASSOCIATION tXUOJAMS.)

: aTTCKT/AITD. Juris .12. ( ' Siles-"War Jfit*. J9OB £36 15s; Soldi**Inscribed, £101; Bank of AustraWj £l4 -12s; National o£ New Zealand a * 3d <Wo salea); Bycroft,V?6s'6d (two salte) pSanford, Ltd., 21s-Wilson 3 Cement, .325. fid... "WELLINGTON, . Juno-12.

;* Judging by, the linc?: tUii -are3cing Submitted:. loi.agQn.l4, all . .rtiie _.wheat,. Bcemu to .be out of" grovi'srs''. hinds.; .In conjure-" tion with .ihi; ym- Australia,,; the amount of thiV has beea'done in fowl-wheat h'iS. forced' its prico to above- that>of-. milling whfeat! 'The .advance ie said . to. oe*.due to handling charges..: •/ ' The .position as regards' cats, is, mucu the earner ai stated iii last report.. Tho priced'of grade! Gartons arc fluctuating .<}ailj,, iM. at the present'.luomertit'.Bhow'a.ri' easing tendency. . aits:,...3s.. 7d to 8s Bd,. for A grado -Gartons,-. S» 3d"-.t0.. 3s 4d for B's, \ 2s.for "first quality Algerians, 2s 7d to.2vßd,:for fair, averse, and 3b 7d to 3:i 8d ■ for. hoary dark. coloured'- Dunsv " All prices -pro. ■ quoted at 1 pe'r ; btiflbel 1 on:: trucks countiy etations. i ':' •" i ■ The 'chaflE market scettis •' dormant.. .Good quality ia wortti • 75s ,to 80s "per lon- F«? other grad(S3' th'crb . fe no demand. '' '' ' ' .

Sales Reported—New Zealand Breweries Bonds' £1 23;' National Bank .of . New Zealand,'., £1 5s ,9d, 'Sl.teV National Timber, £1 23 3d ' ■ DUNEDIN,- Juno 12. ; Silc3—Natianal Insurance,. 70s Cd, 70s 3d (tliree), 71s; Kaiapoi Woollen (ord.)_, 12s Cd. Sales reported:—Now Zealand .Breweries debentures, 22s (three): Bank .of New Zealand (old issue), 57s- Gd.

FEILDING STOCK SALE.

(rRE§a ASSQCI'ATJtqU aELXGBAU.I

FEILDING. June -13. • At tho Feilding otock sabs to-day a mioderato "yarding came forward, and m spito of very, adverse weather conditions mot with brisk competition, practically. all o£• -the - entry being, disposed of at prices slightly in advance of late rates." Breeding ewes wcro eagerly eought and sold at'prices very satisfactory •' to vendors, while fat andforward owes showed an advance of quite 2s: .per head. . Fat eheep and lambs sold well," one ren of heavy prime wethers realising 48s 6d, while a pen of good woolly fat lambs made 32s 6d,.and fat lambs mado -7d to 32s 6d, fat ewes 2Gs 3d, las wethers -89» and 48a. 6d, four •and fiTe-year-old Itomney ewes running with Southdown rams 30s 6d to 39s 6d fat and forward empty .cwe3 25s to 20s 7d, • Down lambs.-lffc -to °3s 3d, Romney. wether lambs 22s to 26s "sd, small -lis 3d to 10s, etoro ewes & Thero was a good, yarding of all classes of and a'keen sale-at advanced rates. Fftt bullocks made £l2 sb, fat heifers &3 15b fat cows £5 10s to £7 ss, twenty-month Hereford steers £6, small mired sex weaners 36s 6(1, Jorscy weaners £3 ti> £3 10s, good condition cows £3 lOs'to £4.-s fid,. lowercondition cows £2 to £3 Bs, dairy -.cows .(spring calves) £3 to £6.

So far as can bo . aacoriiiried, .very, few lines .of : peas aro eelling, and merchants arc not disposed, to .stock "up 1 even'at the nominal quotation,.of-6s .to 6s 3d per bushel on trucks. . Only odd lines of ryegrass - and are-being offered and: to effect sftles growers have - to accept'» reduction on the' high prices 'ruling oarlier in the 1 all 'appearances of " clover seed gravn in the district during tho feat geaaon is 'not, very^large. ' Samples' tiro now bcina 'shown , arid values range from. 9d to lOd for good, clean quality gtiiff.; No.white clover is yet;,offoring. . . Owing to jhe broken. weather potato, digging; has been senously delayed., .Potatoes are coming.-to hand -containing too much eaYth, - and-- farmers would' bo well advised to pav particular attention ,to.:tbis matter, as tho" tubcre are liablo to be rejected .on' tins score. There has been a considerable rejection of' table Dakotas sent ,up to Lyttelton, the ohief . trouble .beinr that ..although; the bulk.may be.' true.to 1 . description, tiiey ..contain too large a proportion, of Ordinary red varieties such as Scotiaa and Bussetfl-. Only thoco jijcrohajiift who ha'ro actual ©rders • «»n hand eeem disposed -to purcbaeo. The ptices are £3 to £3 Bs for white -tiblea and £3 10s for Da&otts, on'trncjcj, saoks extra. Report* fiwra other growing centres a™ to the effect that red ekins other than DakoUa aro practically unsaleable. CHICAGO WHEAT. JTBW YOS.K, June 11.- • Chicago wheat- quotations July 1621 cents a bushel,' September 159J cents,' December 1615 cents. MELBOURNE MARKETS. • MF.T.ROtnU'B.- June-17.- ■ . Oats—Milling'Ss 6d to. .2s Bd, feed 2s 3d. ' • ■ i Barley—English 6s to 5s ' Capo 4s.. 1 to is 3d. J :: . . Potatoes £6 15b to £7 108.OniOns—£l3 10s to £l3 10s. ' .-' Hides—Lights. are an • eighth dearer: Others are firm.• •• SKIN SALE. . At - life weekly ekin ' sales on • Thui«day them was a' good offering, and duo to- the competition, of fellnipngers an' improvement on the previous week's ratrf.' Halfbrod fuil-woolled sound-pelted mndc,up •to ltd a lb, three-quarterßr'ed to ll'id, and crossbred ■to IOJd. -Faulty'• pelted full-.-woolled -.' halfbred* made to , 12£ ci, three.quurterbred - to 10d, and crossbred to 9sd lambs to i3d, faulty, to IOJd, .hoggets' Hid, faulty'to-9Jd, merino to lid, .faujty to.lOJd. Abattoir slars—Halfbrcd 7s_9d.to 10? Ud, three-quartefbred >63 lOd to 9s 2a, crossbred 6s lid to 8s €d, lambs to 's €d. THE PROPERTY MARKET.- , (sreciAL to.,"tee.P2xss.") • June. 12. ;A- valuable: city - block has changed bands within' {be . la«t. f<yw'- days, the Mercantile Buildings In' Manners street," .owned. by - the estate" of the late Mr Gilmer, : having 'been sold for £30,0.0.0. The-block, -which is a tbroe-storey brick..building, has a -frontaeeof 63fl 6in to/Manners street-with depths of 113 ft. 6in .on. cse kide aud Qift on -the other.

DAIRY CONTROL BOARD.

(PKXS3 ASSOCIAWOS TILEOBAiI.) . ' WELLINGTON, Juno 12. The secretary 'of the Produce Control Board (Mr T. C. Brush) has | received a' message from Hamilton that tho i directors of 'the ■ New • Zealand Co-operative Dairy Co. Ltd., decided unanimously to transfer-all tho. equity in their contracts to tho Control Board. This refers to a contract of agency which was made regarding 5000 tons of this company's butter prior to the coming into forco-of tho Dairy Produce Export Control Act. It means that any profit-which accrues from ouch contract will be handled 'by the Board in - the. interests, of all factories when absolute control isestablished. DAIRY PRODUCE. • Dalgety and Co., Ltd., have received the following cablegram from their London offieo. dated Juno 11th: — "But market is firm. Wo quote. New Zealand, . salted 17.85; for exceptional New Zealand brands 180s; fiwst Australian salted 1745, unsalted l(6s; Danish. 1925. > - 'Cheese—Market firm \ quote. New Zealand, white 98s. coloured 9is. Can ndian foddbr cheese. 92s.'' _ ■ The London office of the New Zealand Loan and Mcrcantilo Agency Company, Ltd., reports, under date 10th inst:- ■. . ' "Batter—Sew Zealand, choicest salted 174s to 1765-per cwt: unsalted X3os to. 184j" per- cwt. Market firm. UnaScc.ed : by settlement of Danish strike. ■ j , ••cheese. —-06s- to 021 per.cwt. . Market ! firm." TALLOW. Tho VeW Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London office, under. date 10tU inst:— ' . , I -. "Tallow —We' quote present spot values for the -followinc: descriptions: Fine, qtutton, 465. 6dgood belsf, 46s .3d; mixed, 41s 6d.' ! Market quiet." - . - Messrs A. H. Turnoull and Co. are in receipt of the following cnblegram from W. Weddel and Co., Ltd., dated London,. 10th inst.:—"Ta'.low .market has declined 6d. At tallow auctiona to-3ajj - 1500-casks were j ofiercd'-«sd 720-sold." j

TP: • Shar«and■; PekwstWe * Broker (member Chrietchurch Stock Exchange), Ingljs vßuilflings, corner :High 378. Xalefirams: - "IWbatt, .Q^tchnittk''.

idsa&mi

£ s d £ 6 d £ s d £ s : d £ 8 d £ 6 d N.Z. GOVT. DEBENTURES— Glaxo, Ci pt-r cont. .. 84 0 0 — 83 .0 0 W. 0 0 ■ So 10 0 i —, Boot.li, Macdonald, f.$ per cent. 70 0 0 76 0 0 . — _ ' ' —r —:' . 4i per cent. Inscribed, 96 17 193S — 96 17 G 96 13 0 — (3 97 3 6 ■ 5 per cent.' Inscribed, 19C7 . 93 7 6 — . , - .. — . 9S. 3 0 5 per cent. • Bouds, ■ OS 0: 1927 .. .. . D3 7 G — 98 5 0 — 0 — 5S pel' cent. Inscribed 4nd Bonds, J933 ! :oi 5 0 — 101 5 0 101-10 O 1 ' ' 101 12 ' 6 -— OTHEK DEBENTUK li.S— Ckristchurcli Drainage, 99 0 5| per cent. £>S 2 6 — OS 5 0 ., * i -. 0 CtriBtcliureh Tramways, oj per coat. 97 15 : 0 — 97 0 0 — . Aslibuxton. . Electric, 5J per cent. -*- 101 0 0 . — — — JCew Brighton Borotigti, SJ per cent. — 101 0 0 — — •: — Banks Peninsula Power 1 Board, 5J. per cent.93 0 0 101 0 0 — '■ — N.Z. Breweriop, 10 per cent. Inscribed 1 ' 1 s 1 1' '9 — — — A N.Z. Breweries, Bonds 1 1 9 i a 0 1 1 10 1 2 0 1 0 6 1 1 U BANKS— . • Adelaide .. 8 7 C S 9 .0 . S.14 0' '—, \— Australasia .. 14 6 0 14 10 0 11 4 0 14 7 0 — Bank cf Victoria, 7 6 0 7 10 0 7 '4 0 7.7 . 6'. ':: • Comm. of Australia .. 1 10 u ' 1 11 •0 "3. 9' ti. ■ 1 10 3 • • — - Comm. of Australia 6 13 ' (pref.) •• Comm. of Sydney ... C i2 9 6 13 6 :: C 1]' : 6 6 : 22 -7' .24 12. 0 21 17 6 2i 10 0 '25 0 O .6 •. — National of Australasia. . 3fi 3 . 16 ■ 6 (£10 paid) .. 16 .7 G 16 12. 6 0 6 National of' Australasia (£5 paid) Kevr Snuth "Wales 8 3 41 5 a 0 3 S' 41.10 9' , <) . .fi ' '5 0 ■ •8 0, 41. io 0 . 0" 40 1J' 0 ' ; —, National of New Zea- . laiid. (rights). 1 6 0 ]' y 3- - 1 5 :o . 1 6 I111' 0 .116■0 New Zealand (old cum div.) New Zealand (new) ■ Union of Australia, .. 2 17' y • . 2-17 6 -.. 2 13 0.' — 2 16 14'14 0 0 2 IS 14 10. G 0 0 M 3 "2 ,17 "14" 15 3'; (1;, ': 1^13.. 0 , ■ — Western Australia — 2 ; 12 INSURANCE— National • .i; . • 3 10 0 :3'11 1 H 2 12 0 : 3 ;10 ' 3 12' a ■: ,3.13, 110.: 0 — 0' 0 New Zealand ' South Briti=b 2 10 '2 "8 9 9 ' U ' ' 2' S 0 n ■ 4 . 0 ■ 0 Standard .. •• 3 '2.20 Queensland ■ .. • • .2, 6 6 . f LOAN AND AGENCY— 3 18 0 • National Mortgage •' ' — ■ 3 18 o ; Goldsbrougk, Mort (cum div,) •• 2 7 3 3', 7 9 57 3' 2 7 9, .2.12. .0 - 2'12. 9 SHIPPING— '. . 1 15 .22 0 . 1.-16 Howard, Smith u.' ■ 1 34 9 -1 15 6 , 2 4; 1.15 9 6 g Huddart-Parker . —. 2 5 0 " 8 ■ ® . 3 3 * " Union (pref.) ... .... . . , — •10 5 — ' FROZEN MEAT— ■ ' 0-10 -9 • 3, 0 i9 N.Z, .IMrig. (paid) ■ yy 0 18 9 0 19 6 ■ 0 19' o0 39 ->.Z. Kefrig. (conti.) . 0 .9 1 . 0 9 7 0 9 7 0 9 10 0 0 0 *0 9 3 COALri2 s "Westport. i<* ■ I' 11 '3 ■' 1 11 3 n U" 3 •— ' GAS—. Si Christcliufcli i, : . • 6 — 711. '6 713. 0.. 0 BEEiWEBIES— .. ■. Crown . ■*. ' Manning ■ •• 1 15' 3 1 17 0 ■1 u6 3,17". 9 •' • 1- c 0' ' — 3-'; 1 6' :o New Zealand ; Ward . . • 1 39 9 ,2 19 0 '. 1 19 ■ 3 ! - 2 0; 2 19>" 3 9 > ■ 1" 5 ' , 2 5. 6 ; 2, 6 6 TIMBER— : 1 13 '• Kauri (cum div.) . i 13 o" 114 0 ' 1 32 6 ' 0 — • -r-7 MISCELLANEOUS— ' :• 1-33 1 13 0 Beath and Co, • • • —: 1.13 0'. 1 12' 33; • ' 1 12 Burns, Pliilp .1 15' 0 . 1 15 9 1 15 0 ' — 9. . Colonial Sugar , ■ 51- 0 0 •v : — 50 10' 0 52 10 i 9 0 ,.—- . Electro, Zino (pref.) .. 1- 8 0 .1-8 8 18 o-' 0 ' 9' •'. .', IDiectro. Zfaa. ord.) . 1 .7 0 18 0 1 • 1 ," " " T. 1 . Hume Pipe"(A-ust.) ... . 0 10 3. ■ 0 6 ■ 1.-.9 3 ... • ;■ "■ 77": •. .Jlasoii, Strulhera (£1 ;" • paid) .. • ■ , ■ Mason, StrUthcts (Us paid) . ... . . 1 3 6 i;-i 0' ~ 15 '6" 16 G '■0 15 ■ ' ■ '• - . 0 15 6 " — 3 . N.Z. Farmers Co-op. (£2 10s paid) . . . N.Z. Papor Mills 1 ,0 3 0 11 i,":.i 0 0 !O,..'5.' 0 . — Whitcombe and Tombs 3 10 0 3 11 0 ■ T&ranald Oilfields «- . N.Z'. Guarantee- Corp. , 1 2 , 0 9' 0 ,6 _ — : 0 .9 5 6 oiio 6N;Z. Malay Eubbir (ord.) 0 16 0 - ■" : — ■r mining— '• .0 - • • i 0! ■v'l 1 Mt.. Lyftll ' ■1- 1. 9 1 2-. 1 ' ■ '' G