CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXI, Issue 18419, 27 June 1925, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sales repor.cd—Big"% <::" >Vv Zealand J7s r.-o parcel?', Uriel Bank £ll 133 t'd, Tarar-.a's: Oil 2-Ls. Siios oe : Chan?-—Bar.i'cl Australasia £U V:-. LATEST QUOTATIONS.

OTHER EXCHANGES.

ASHBURTON MARKET.

(I'BESS ASSOCIATION' TELIGHAMS.) j AUCKLAND. June, 26. Sales—War ■ Loan, 1927, £93 ss; Bank of New Zealand,'s63 9d (two sales), 57.?;. Na-I ticnal Insurance, 735, 73s Gd; New Zealand Irsurance, 34s 3d, 34s 4d; .Taupiri Coal, 16s; Kauri Timber, 325. 3d; Breweries shares, 41s (two sale*); Taranaki Oil, 22s 6d; Ohhiemuri Gold and Silver, 2s 9d; Waibi, 26s 6d. WELLINGTON, Juno 26. Sales—New Zealand Breweries Bonds. £1 2s; Bank of New South "Wales, £4l 10s; Union Bank of Australasia, £l4 153, £l4 i6s. ea; • DUNEDIN, June 2G. Sales reported:—Bank of N.Z. 58s 9d, 57s Ctwo parcels); National Bank £fi lis. £6 lis 6d; N.Z. Loan and Mercantile Agency £O3. THE FRUIT MARKET. CHBISTCHURCH. A keen demand was experienced this week for all classes of vegetables, and tho prices realised were satisfactory from the point of view of the vendors. Apples are plentiful, and they are meeting ■with a fair demand at satisfactory prices. Good lines of pears are in short supply, and as the demand for them is active, they arc making high figures. Locally grown hothouse tomatoes are now nearly finished, as also are grapes. The local crops of walnuts were short this season, and as they are in demand good clean samples will command high prices. Bananas are in short supply, and Island oranges are now practically'finished. Otherwise, imported fruit is in good supply, and it is realising fair prices. Thero will bo no boat from Sydney next week. All varieties of flowers are in keen demand at present. Quotations are as follow; — Apples, Nelson, per case 6s to 7s; apples, Dolicious, per case 10s to 12s; apples, local, per caso 8s Cd; apples, cooking, per cose 7s to 7s 6d: lemons, Auckland, per case np to 16s; lemons, Cook Island, per case 17s Hi; mandarins, per case 22a Od; oranges, Cook Island, per caso 21s; oranges, Sydney, per case 235; oranges, marmalade, per case lis; passions, Auckland, per case up to 15s; passions, Sydney, per case 245; pears, cooking, per caso 6s; pears, dessert, per lb 3d to 3id; walnuts, per lb Is 3Jd to Is 4d; beet, per dozen bundles up to Is 3d; cabbages, per dozen up to 8s 3d; cauliflowers, per dozen up to 12s 3d; carrots, per dozen Is 3d; cucumbers, hothouse, per lb Is 14<1; eclerv, per bundle up to SJd; leek 6, per bundle-up to 4Jd; lettuce, per dozen up to 3s; marrows, per dozen up to ss; potatoes,' per s.b. '2s' to 3s; onions, local, per s.b. Us 6d to ss; parsnips, per doa up to Is 4d ; potatoes, per sack 8s to 10s; pumpkins, per lb Id; radishes, per dozen up to Is 6d; rhubarb, per dozen up to ss; spring onions, per dozen up to Is 9d; turnips, per dozen Is- spinach, per dozen 2s 6d; swedes, per •mgar bag.ls bd to Is Od.

The amount of wheat that'is being submitted by growers is very small, and the millerg ivill soon- be receiving supplies - of Australian wheat, which are expected to arrive at an early date. It is stated that the price will i>e -7s Id to-7a 2d per bushel, sacks in, . ex-ship. This is therefore allaying the apprehension among the iniller3 that they will be short of wheat. They are therefore not prepared to pay the advanced prices that are being asked by those who hold wheat. The fowl wheat market has also steadied up, and may be quoted at the equivalent of tho merchant's price, .taking into account tho charges incurred through etorage. The. position regarding oats remains much about the same as. last- woek, the business in good lines being confined chiefly to the fulfilment of forward contracts, made early in the season. Tho prices, fluctuate to the' extent of Id. to 2d almost daily, according to the position in which the buyer or seller is placed. The nctual consumptive market is chiefly supplied by under-grade oats, both of the white and Algerian varieties, and low-quality Duns. There is a fair quantify of oats offering running from 281b to 301b per bushel, and this stuff is not'worth-more than 2s 3d. Merchants' prices to farmers may be quoted at 3s 7d to 3s 8d for A grade Gartons, 3s 3d to .'is 4d for B's, under-grades down to 3s; 2s 3d to 2s 9d for first grade Algorians, 2s 3d to 2s 6d for feed, and Bhabby feed down to 2s; top-grade Duns 3s 6d to 3s 7d, ordinary feed about 3s 3d, lighter quality about 3s. All prices are quoted at per bushel on trucks, oountry stations. The demand for chaff is still confined to good, bright, which is required to fill forward contracts. The valuo of this quality is £4 per ton on trucks. Good chafE which will not quite pass tho grader is saleable.on sample at from £3 10s to £3 15s. There is practically, no market for inferior quality. Tery few linos of cowgvass. are coming forward from growers, and the values for good-quality clean stuff is in the vicinity of lOd per lb. Peas are still without any enquiry, and the nominal quotation is 5s to 5s 3d par bushel on trucks. There has been a slightly better enquiry for potatoes during the past week, but farmers are holding on, owing to the low prices that are offering. On to-day's market the valuo to growers may be quoted at 70s for whites and 75s for red Dakotas, buyers supplying sacks.

DUNEDIN.

(SPECIAL . TO "teb phess.") DUNEDIN, Juno. 26.

There is little to report with/ legaad to oats. A grade ia gradually being absorbed for milling and seed purposes, and other grades are slow of sale. With an increased demand in the spring values will no doubt improve aU round. In the., meantime, merchants are offering 3s 6d on trucks, sacks extra for A grade Gartons, but fanners are holding out for bettor money, consequently sales aro: by no means numerous. The bulk o£ this year's crop of wheat has probably now como forward, and valuos obtained bar© in the majority of cases been a, little in excess of milling rates. Australian wheat will bo imported, into the country after July Ist. There is plenty of chaff in tho country, but in the majority of cases farmers are not disposed to accept the ruling' rates. However, the demand just now is not like that of previous years, :and probabiy moro is coming forward than can bo absorbed. Values shew an easing tendency, and £5 5s i? tho ruling rato for good bright oaten sheaf, -with inferior and medium from £3 10s t<> £'4 ss, sacks extra in each case. The totato market remains unchanged, ■and unless arrangements can be made to do business with Australia, prices cannot advance much this season. Fair average quality -whites aro worth £4 15s ex truck, sacks in.

AUCKLAND

(SPECIAL 10 "the press.") AUCKLAND, June 25. The ■ Slaunganui brought a shipment of Svdney. fruit, ■which was put through the auction marts ou Wednesday and Thursday. Mandarins realised from 34s to 20s per case, according to sample; navel oranges. 15s to 18s; passion fruit, 14s to 20s; and pines 18s to 225. Apples have been in good supply, and the demand is fair. Delicious still top the market, this bright, rosy-coloured fruit bringing up to 10s for choice, aud from ,s Cd to 8s for others. Stunners brought from 5s to 7s 6d, Ballarats Bs, Jonathans 4s Cd to 5s G<l, Slunros 'ss Cd to Cs 6d, Dohcrtys (small) Us to 3s Gd, and othors 5s 6d to Cs 6d. Pears (Vicars) made 6s to 7s 6d, Winter Xcllis and Coles (extra choice) 0s to 10s per. case, others 6s 6d to 8s 6d, and small 3s to 4s 6d. Tree tomatoes brought from 5n to rs per case, local passion fruit 10s to 14s, hothouse grapes 2s 6d to 3s 6d per lb, hothouse tomatoes 6d to Is 2d per lb, ripe bananas ">"s 6d to 21s per case, Rarotonga oranges (rc-packs) 17s, originals 14s 6d, Poormans 6s 6d to 7s 6d, small 4s to 4s 6d, lemons, choice to 18s, others 5s to es. DUNEDIN. (special to "tm PP.ZSS.") DUXEDIX, June 26. Anvthing under best quality apples is hard" to quit. Choice Winter INelis ;pears have a good enquiry. Latest whc-:eaalo prices are:—Apples: Jonathans, choice, 7s to Bs, Delicious 10s, cooking 4a to Ss, extia choice 6s; tomatoes, local hothouse, to Is 6d per lb; oranges, Tahiti, 20s per case, re-packs 255; passion fruit, 20a per case; lemons (Sydney), 18s to 20s; pears, best, 3d to 3id per ib; others, Id. to 2d; Poorman cringes, 12b por caeo.

FEILDING STOCK SALE.

(PKESS ASSOCIATION TELEGP.AK.)

FEIIiDIXG, June 2G. At the J'eilding stock sale to-day there was a . large yarding of- both sheep and cattle. Fat sheep were not in demand, and were easier by 2s a head. Host of the lambs were taken by graziers. There wis a keen demand for hoggets, and good das* ewes in lamb. but inferior sheep, which comprised a large proportion of tke yardinjar, ivore slow of sale. Good fat cattle sold well, but medium sorts were neglected. Good forward bullocks met with keen competition, and sold well, but other store and dairy cattle' were not in demand, the bulk of the yarding being passed under the hammer. Fat lambs made 23s 2d to 25s Id, fat ewes 25s 6d to 32s 2d, fat wethers 35s 6d to 38s 2d. extra heavy 52b, fat black face wethers 35s Gd, medium class ewes in lamb to Down rams 28s 5d to 31s 6d„ good quality 88s 6d to 40», good 4 and 6-tooth ewes in lamb to Ryland rams 495, very fair Romney ewe hoggets 30f, i-mall to medium i;ss,- small 23s lOd, medium, mixed sex hoggets 24s 2d to': 26s fld. cuil lis 6d to 12s, empty ewes 20« 3d to 21s 4d. prime fat Polled Angus cows £9 10s„ heifers £ll 17s 7d, bullocks £l4, good fat bullocks £l2 to £l2 ss, light £9 12s 6d. forward Hereford-Shorthorn cross bullocks £lO 2s, big Shorthorn bullocks £9 7s and £8 15s.

Last VTe« ■ t. La* : Ye»r. . Euyer 3. Sellers .. I Juyers. s ;:'.eri li'jye 13. fce.;ers. £ 6 d £ s d i 2 d .£ 3 d L s d i' s d N.Z. GOVT. DEBENIUR ES— 4j per cent. Insert b-:<L 1939 .. v — C7 0 0 — 9C 17 'J 07 0 0 — o£ tv.r cent. Icscribci, "1327-41 .. ... — 38 13 0 — — 37 13 0 — rwr cent. lr.5.:ribeo ! >•»-! •; '.'j I 7 6 : 1C-1 12 6 101 1) j 101 10 0 — C: r.er cent. 3on-i=, 0 __ 101 19 0 OTHER DEBENTURESCbr;?*chi:rch Drainage, Sj T;cr cent. OS 0 0 — 03 2 6 _ GO 0 0 Nov.- Brighton Bcrou^c, 5f per cent. — •CO 0 0 — 100 0 0 — — Aah'jtincii Electric Power, 05 per cent. — OS 0 0 — — — —■ •Christchu:cLi Tramways, per cenr. 97 15 0 —. — 104 10 0 — New j. J i/mouth borough, 5j per cent. Gla.-o, 6; per cent.. 1043 S3 0 0 DS 0 a S3 0 0 ds :o 0 - - " Auelaide ... S 9 0 8 O 0 — S 3 0 8 C 0 Australasia 14 10 0 — 14 10 0 14 13 0 — 13 7 0 Bank cf Victoria 7 9 0 7 12 G 7 7 0 7 '2 6 ... — Comm. cf Aust. 1 10 6 1 11 0 1 10 9 1 11 0 — — C'omm. of Aust. (pref.) G 13 0 6 13 0 6 13 >j — — — National of Australasia. (£10 paid) 16 10 0 16 15 0 16 9 0 16 :s 0 — — National of Australasia. (£5 paid) 8 2 0 8 4 6 S 2 a S 5 0 — — New South "Wales 41 7 6 41 12 6 •41 7 G 41 12 G , — — New Zea'and .. 2 17 0 2 17 G 2 17 0 — 2 13 G — Union of Aust. 14 14 0 14 16 0 14 15 0 14 IS 0 14 13 0 13 2 6 INSURANCE— National .. 3 13 f> — 3 11 0 — 3 10 0 C 13 0 Queensland .. — 2 10 0 — 2 10 0 ~ — LOAN AND AGENCY— Go'.dsbrough, Mort (cz air.) , .. — 0 3 0 2 6 3 2 7 0 2 0 6 2.10 0 SHIPPINGHoward, Smith 1 14 6 — 1 13 e 1 16 3 Huddart-Parker .. •2 i 6 2 5 0 2 3 0 2 5 3 — — FROZEN MEAT— Ge?.r 2 4 0 — 2 4 G 2 2 6 — N.Z. Rem?. lpnid) — 0 19 4 — 0 10 2 0 19 6 1 1 r> N.Z. Refrig. (conir.) .. 0 0 1 0 & 3 0 9 0 0 9 3 ' 0 s 10 0 9 3 COAL— "Wcstport 1 3 "0 1 10 !> 1 .8 0 1 11 1 1 13 3 1 13 9 Stockton — 0 4 0 — 0 '4 0 — — BREWERIESJlanr.ing 1 17 0 1 15 0 'l 17 0 1 7 .3 1 7 9 "Ward — 2 18 G — 2 10 0 2 G G 2 7 6 GAS— Christchurch ». 7 33 e 7 15 0 ■7 12 6 7 13 fl — • — Timaru ., — 7 7 0 — 7 7 0 — — CEMENTS— "Wilson 3 ». ,.. 1 :\> 9 — 1 12 C 1 13 0 1. s 3 1 S 9 TIMBER— Kauri .. ... 1 12 3 1 13 0 — 1 12 6 — 1 9 0 MISCELLANEOUS— Bcath and Co. .. 1 11 0 1 12 9 __ — 1 12 f) 1 13 9 Electro. Zinc (pref.) .. 1 8 c 1 9 8 ,1.9. 0 1 0 6 1 7 G 1 S 0 Electro. Zinc (def.) — 1 8 0 1 7 C 1 S 9 1 3 6 — Mason, Struthers (14s paid) 0 13 G — 0 15 6 0 16 0 , — — N.Z. Drug Co. 3 5 0 3 6 0 — 3 6 0 3 7 6 — N.Z. Farmers' Co-op. (£2 103 paid) — 0 0 o- — 0 11 0 0 7 i — N.Z. Farmers' Co-cp. . {&h 'jer cent. Stock, 1930) ... — 93 0 0 — 03 0 0 — 00 0 0 N.Z. Guarantee Corpn. 0 0 9 — — ' — — — N.Z. Paper Mills 1 0 0 1 1 0 — 1 1 3 1 1 ■ 6 1 2 6 N.Z. Sugar of- Milk ... — 1 5 0 — — 1 60 1 11 0 Taranaki Gilfield3 1 2 3 1 3 G — — — — "Whitcombo and Tombs 3 10 0 — 3 10 0 3 11 0 3 13 0 — MINING— Mfc. Lvell »< 1 0 6 1 0 11 1 1 6 11 10 1 r 0 1 1 6