CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXI, Issue 18408, 15 June 1925, Page 12

CHRISTCHURCH STOCK EXCHANGE.

SATURDAYS TRANSACTIONS.

Sa'.es Reported—N.Z. Govt. 5J per cent. Inscribed, 1333, £lOl 10s; Comm. Bank ol Aust. (pref.), 6d; C-ol<Jsbrough, Mort. (cum div.), 47s 6d; Bums, Philp, 35s 9d. ' | Sales on 'Change—Union Bank, £l4 15a. LATI3ST QUOTATIONS.

* OTHER EXCHANGES. (PRESS ASSOCIATION TELEOEiICS.) . AUCKLAND, Juno 14;. Sales—National Back. of New Zealand (rights), 25* 10d; Bank of New Zealand, 57s ed; 'Northern Steamship (oon.), '7s. WELLINGTON, June 14. Sales—NiZ. Inscribed, 1906 Stock, £96 15s;' N.Z. Breweries (bonds), 22aNational Bank, of, New, Zealand (rights).-265, . ' ' " D'CNSDIN, June 14, Sales—National-Icsniance,7lß 3d, 71s' 6d; lit. Lyell, 21s 6^. Sales . reported—National Insurance, 7ls 3d;' New Zealand (debentures) 225, MEAT. (BS CAB LB—PEE SS ASSOCIATION: —COPYRIGHT.) • and k.z. cabi-e association.) (Received Juno .14th, 5.5 p'm.) , jjOJSDONy June 13. ■ Sheep:, Canterbury, heavy, bjd. North | Island, heavy 6j{d. Argentine, heavy Sid, ewes ,54d.. . • Lambs: Canterbury,, medium Hid. Patagonian, firsts lojd. . .Frozen beef:' New,,. Zealand, fores 2£d;' hinds -42d.Australian, fores '2Jd; hinds 4jd. Argentine, fores 2jd; hinds 4£d. Uruguay, fores Sidp'Hinds '< , Chilled beel:' Argentine, fores 3id; 'hinds 6Jd., Urujfnay, fores 2id; hinds 6Jd. Others j unchanged. •_ .' ■ LONDON fIiLVRKETS. i • (Received June 15th, 5.5 p.m.)'■ .' ■' , • ; LONDON, Jupe 13. ; •Cotton.:., July, ohipment 12.55 d per lb. »• Rubber :<< Para, 29d per .lb; plantation, 38d; smoked, S7id to : bSid. ' Jute; June shipment,' £49' 10s per ton; , new. crop, July shipment, £47. Hemp :.• July-August, .'®s 10s, Copra: *Juno i July,y £29., ? Linseed oil, £45 10s. , .Turpentine,' 71s _ per ,cwt. . . Antimony:' -English, £69 10s to £7O per ton; ; foreign,£6o to £6l.' DAIRY PRODUCE. Messrs'A'; 11.- Tiirnbull and Co. have received the following cabled advice from London: —Danish butter 190s to 192s (last week not quoted); N.Z, unsalted 184s to ,188s (lapt week ,178s to 180s); N.Z. salted 178s to 180s (170k to 1728)'. Market firm. T Cheese,'white ; arid coloured 97s to 98s (98s! to 945). Market firm. 1 N.Z. GUARANTEE CORPORATION, LTD. j Much interest, has been .aroused amongS*, investors ; and the general. public by the new share issue.of tho New Zoalond Guarantee , Corporation, Limited; an announcement .in. another column' stating that- half I the issue has been: already subscribed. The. popttlarity of the issue is said to bo ; due to tho position now held by the Corporation. us a financial institution. .The anjount [ of' business done since 1923 now approaches tno haii-miliion mart, without any >bes. beventy per cent; oi this money, it.ia stated, has- been leaned on metor lorries. .Dividends on- oicLnary shares. have been paid, tor t±t% nrat; eighteen months, at the rate. of 8 per, cent., per annum.. The original shareholders who tcok now hold over 200,u00. ' The directors themselves and manager hold no iewcr than 88,455J ehares—facts. which show .their great faith in the Corporation.Shares in the new iesuo available for pub-., lie subscription • are payable 2s a share on application, 4s a share on allotment (includes 2s. premium). . The inest call will not be made before September next, and a further 2s thi-ee months later. It is unlikely that more than'6s 'a.share as above will be called up. . The shares now procure able will participate in the dividend of 6 par cent, tor the half-year, ending August Slet, —that the directors fully anticipate paying, irrespective of the fact that application and allotment money will then have been paid up only three months.

Buyers. Sellers. £ s. d. -£ a. d. N.Z. GOVT. DEBENTURES— por cent,. Bands, 0 1930 — 97 0 5 per cent. Bands, 1927 98 10 0 _ .5J i>- r cent. Inscribed 1935 101 5 0 101 15 0 Si por cent. Bonds, 1933 101 5 0 OTHER DEBENTURE SChiistcaurch Drainage, > 6j per cent. 9S 0 0 New Brighton Borough, 52 par cent. —; 101 0 0 N.Z. Breweries, Bonds — 1 2 0 Glaxo, 64 per cent. £6 0 0 — BANKS— Austra.lf_sift .11 7 •G 15 0 0 Bank of Victoria 7 G 0 Comm. of Aust. 1 10 6 1 11 G Comm. of Anst. (pref.) 6 11 0 — Comm. of Sydney _ 23 0 0 . National ci A'aam (£10 paid) 1C 8 0 — National of A'aaia (£5 paid) 8 2 0 8 7 G National cf N.Z. (rights) 1 G 3 1 -6 9 New South "Waks 41 0 0 •11 7 6 New Zealand (cum » diw) .. ■.. ■ — 2 17 9 . Bcy&l (£1 paid) 1 1C 0 — Union of Aust. 14 14 0 14 16 6 INSUHANCE— New Zetland — 1 14 9 Standard .. .. 2 3 0 • LOAN' AND AGENCY— ' Dalgoty and Co. Oo.oVorouffh, Mort H 7 6 14 33 0 (cum dir.) .. 2 7 3 2 7 9 SHIPPING— Hnddart-Parker' __ 2 5 0 * Union (viref.) FROZEN MEAT— ■ _ .1:0 5 N.Z. Eofrig. (paid) . 0 19 0 0 19 G N.Z. ISefrig. (con.): .. - 0 9 2 0 9 r Kaiapoi (ord.) 0 12 6 - — COAL— Westoort . — ■ 1.12 0 GAS-' Christchurch ■ . 7 11 0 7 14 0 BKEWEPJB8Manriing .. '• 1 17 0 Crtrtvn ... 1 15 3 — New Zealand 2 0 0 — Ward — 2 19 0 CEMENTS- . Wilson's .. 1 12 G — TIMBER—- • K-auri' (cum div,) . -1 12 6 — MISCELLANEOUS — . Baath and Co. 1 11 0 1» 12 0 Burns, Philp — 1 16 .0 Electro. Zinc (pref.), :.. •1 'fl 0 1 8 9 Electro. Zinc (deferivd) 1 7 0' 17 9 Mason; St-rathcrs (£1 piaid) .. .. — • 1 4 0 ' Mtscn, Struthers (lie . paid) 0 15 6 — Hums Pip® (Aust.) .. — 0 19 0 N.Z. Farmers' Cti-op. • (64 ,."ner 'cent. Stock, 1930)" • .. .. 88 0 0 — N.Z. Guarantee Cornti. 0 9 ■7. 0 10 3 . N.Z. Malay . Rubber N.Z. Milk Products ., 1 8 0 — N.Z. Paper Mills 1 0 0 1 1 3 . Whitcombo and Tombs 3 10 0 3 11 0 MINING— . - Mt. Lyell (cum'div.) 11 6' ">1' 20