CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIII, Issue 19144, 29 October 1927, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS.

OTHER EXCHANGES

■ SKIN SALES. , (Received October 28th, 5.5 p.m.) LONDON, October 27. At the sheepskin ealea 4508 bales were offered, including 1092 from Now Zealand Iho selection was fairly good. There was a large attendanco and general competition America buying a good eharo. Prices are: June crossbreds, par to 7J per cent, above oeptember rates; others, par to 5 per cent, dearer. There was a total offering of 3432 dry 1227 gieen, 330 salted skins, and 60 bags of wool at the weekly skin sale held in Christchurch on Thursday. Buyers showed a, keenness for fine-woolled dry skins, which sold well up to late rates. Coarser woolled skins were in demand, but green skins showed a decline of Is 6d to 2s 6d on prices obtained two weeks ago. Pelts wore eagerly competed for by local tanners. Prices realised were: Full-woolled halftti\ 13 & t0 UiA; llfllf -™°ned half bred, JOid to 13d; quarteMvoollcd halfbreds, 83d T »VV { ull - woolle <* three-quarterbreds, 12d to 13Jd; half-woolled three-quarterbreds, 10d to 11 jd; full-woolled crossbreds, 10d to 12d-short-woolled crossbreds, 8d to IOJd- hoe--§eta, 12id to 14id; merino, 10W to' 129d™1 ? ejtß ' } 8 Mto ls 10d; S te ~ en pelts, 3s lOd to ( 3s Id; green halfbreds, best 14s 6d to 18s, light 10s 7d to 13s 3d; three-quarter-breds best lis 4d to 14e 3d, light 8s to 9s lOd; crossbreds, 8s 6d to 13s; lamb, 2s 7d to 3s; bag wool, dead halfbred IOJd to 15|d fleece halfbred, to 20d; crutchings, 7*d to 9Jd. Dalgety and Company, Limited, have received the following cablegram from their London office, dated October 27th:— Sheepskin Sales—Good attendance of buyers and good demand generally. Good selection as compared with closing rates of last Bheepspkin sales. Merino clothing skins unchanged, merino combing slightly higher, fine crossbred clothing and combing 5 per c f n *\ higher, medium and coarße crossbred clothing and combing 2£ por cent, higher; ISew Zealand pelts, 5 per cent, higher. HIDES. At the last hide salo held in Christchurch an offering of 2300 was submitted to a ?• i!i lm bencll °* buyers. Prices showed a fij advan co on tho last scries of sales of Jd to gd for cow and ox hides Calf skins showed an ldvance of id to fr. Prices "■ere: Ox BJd to 9gd, cow Sjd to lOd, horse hides 8s 3d to lis, calf, super 14|d to 15jd, inferior 4Jd to 12Jd, yearlings 6d to lOd. SHARES. (AUSTSALIAjr AND JT.Z. AHD HUH CABLE.) •n . LONDON, October 27. and O. Dsferred Stock it quoted at

(press association telegrams.) AUCKLAND, October 28. Sales—Union Bank (fractions) 9s and 9s 3d. Sales reported—Queensland Insurance 55s 9d and 565; Canterbury Frozen Meat £7 16s 6d; Taranaki Oil (forward delivery) 9s, 51 por cent, bonds 1936 £lOl ss. Sales—Otahiihu Borough Debentures, 1962, 6 per cent., £lOl 10s; Commercial Bank of Australia. 28s lOd; Bank of New Zealand. 58s; Union Bank (rights), 355, 54s 6d, 545, 53t 6d, (fractions) 8s; New Zealand Insurnn e, 395; Auckland Gas (con.), 17s; New Zealand Paper Mills, 16s 6d; Wilson's Cement, 36s 6d; New Waiotahi (con.), 81d; Occidental, ls 7d, con. Is sd; Ohinemuri, 6s lOd. 6s 9d. DUNEDIN, October 28. Sales —Union Bank (fractions) 9s (three). Sale reported—Staples Brewery 395. METALS. (BT CABLB—PRIBS ASSOCIATION— COPTBIGRT.) (Australian and n.z. CABLB ASSOCIATION.) ('Received October 28th, 8.15 p.m.) LONDON, October 28. Copper—Standard spot and forward, £sf 8s ljd per ton. Electrolytic—Spot, £62 12s 6d; forward, £62 17s 6d a ton. Wire Bars —£62 17s 6d a ton. Lend—Spot, £2O lis 3d; forward, £2O 17s 6d a ton. Spelter—Spot, £26 lis 3d; forward, £26 6s 3d a ton. Tin —Spot, £254 16s 8d; forward, £261 12 s Gd a ton. Silver—Standard, 25 18-16 d; fins, 27|d per oz. LONDON MARKETS. (bt cablk—prbsb assocutiok—copikioht) (australian axd n.z. cablb associatiox.) (Received October 28th, 5.5 p.m.) LONDON, October 27. "Wool—The Bradford top 3 market is firm and there is good enquiry at slightlv below current rates. Prices are: 64's 51d, e'O's 47d, 56's 37d, 50's 28d, 46's 23d, 40*8 21Jd. Butter—The market is very quiet. Danish i 3 quoted at 190s. There is practically no Australian offering. Isew Zealand is quoted at 172s to 1745, and occasionally 176s Cheese—The market is quiet. New' Zealand 102s. —Sugar—Granulated, 29 a 7^ rl ? u r^ e fi is nJ quiefc - Australian ex store 38s 6d to 39s 9d. Barley—The demand i 8 quiet , Außtralian Chevalier, es ship, 56s to 60s; Duckbill 56s

Sales reported—N.Z. Govt. 5J per cent. Inscr., 1933, £lOl 7e 6d ; Bank of >'• ■• -i B3 .two parcels); Comm. Bank of Aust.. 2Ss lOd : Union Bank (right* l . s our r iarcclsl ' 576 9d, 57s lid; Dalgety and Co., £l3 lis; Chiistchurch Gas, 23s 3d. Sales on 'Cliaqge—National Bank of Australasia (£5 paid cum div.V £> Us > Bank of X.Z., 576 10d; Union Bank (rights), 545, 535, 52«, s;e 6d; Union Bank (fractions!, 0? (<]. !>s "d '.< w ° parcels!; Dalgety and Co. £l3: Chrisk-hurch C.ns. 23s 2d ,:.iv parcels : Staples Brewery, 3Ss 6d.

QUOTATIONS. Yesterday. Las Week. I.as I Year. Buyers. Sellers. Buyers Sellers. Bjvsis. Sellers. £ a. d. £ s. d. £ s. d. £ 5. d £ s. d. £ e. d. N.Z. GOVT. DEBENTURES— 4J per cent. Inscribed 133S 96 2 f. 36 10 0 96 5 0 96 10 0 — ■Ij per cent. Inscribed 1930 . 4i per cent. Bond? 1938 96 '2 6 96 2 6 — 36 5 0 96 12 6 _ — ' — 4.J per cent. Bonds 1939 96 5 0 — — — — — 5 pei cent. Bond* 19117 •• •• 99 12 6 — _ — 98 0 0 100 0 0 ot tier cent. Inscribed 1927-41 9S 10 0 — — — 96 15 0 — o 1 . per cent. Inscribed 1933 101 5 0 101 10 0 101 5 ( 101 10 ' 0 — 100 10 0 j.t per cent. Bonds 1333 101 5 0 101 12 6 101 5 0 301 12 6 100 7 6 100 15 0 oh per cent. Inscribed and Bonds, 1936 .. 101 5 0 — — — — — OTHER DKBENTURES- - Makerua Drainage, 6 'pei' cent., 1916 — 102 0 0 — — — — Tolaga Bay, 6 pei cent., 19-14 — 302 0 0 — — — — Timaru Borough, 4J petcent., 1933 — M () d _. 94 O 0 — — N.Z. Breweries, Bonds 13 0 14 0 1 3 S 1 3 9 1 4 0 — BANKSAdelaide (cum div.} .. S 14 6 S 16 0 8 13 6 8 16 0 — — Aust. of Commerce 1 12 7 1 12 9 1 12 7 1 12 9 ' — — Australasia 14 11 0 14 12 6 14 11 11 14 13 0 14 2 0 — Coram, of Aust. 1 8 S 1 8 10 1 8 5 18 6 1 12 0 1 12 9 Coram, of Aust. (pref.) 7 10 7 2 6 6 IS 0 7 10 6 17 0 — Coram, of Sydney — 35 2 B 24 10 0 24 17 6 .'6 2 6 26 7 6 E., S., and A. — 7 13 6 7 12 0 7 13 0 S 3 0 8 6 6 E., S. and A. (Roya! Bank issue) 7 9 0 — 7 9 6 7 12 0 — National of Australasia (£'10 paid cum div.) 17 9 0 17 11 0 17 8 6 17 11 6 — National of Australasia (£5 paid cum div.) 8 110 S 14 fi 8 12 6 S 13 6 9 5 0 9 10 0 National of X.Z. 6 17 0 6 18 9 6 18 0 6 19 6 6 18 0 6 19 6 New South Wales 43 15 0 41 2 6 44 0 0 44 7 6 44 15 0 45 0 0 New Zealand .. 2 17 9 2 17 11 2 17 9 2 17 11 2 19 3 3 0 0 New Zealand (Mortgage Shares, 10s paid) .. 0 16 6 — 0 16 fi — — — Queensland National .. 8 5 0 — 8 5 0 Union of Anst. (ex rights) .. — 14 7 6 Union cf A'.ist. (rights) 2 11 0 2 12 0 — __ Union ni Aust. (fractions) 0 9 3 0 9 6 IXSURANCENational 4 0 0 3 19 10 4 0 0 _ _ New Zealand .. 1 IS 0 1 19 0 1 19 2 1 19 4 1 19 7 2 0 2 Standard 3 0 0 — 3 0 6 — 3 0 3 LOAN AND AGJENCTDalgety and Co. 33 8 0 13 12 0 13 10 0 13 12 6 16 3 6 _ Dalgety and Co. (now) 32 19 0 13 ]. 0 13 0 0 13 2 0 ._ Goldsbrough, Mort 2 7 6 2 7 9 2 7 4 2 7 9 2 10 6 2 10 10 Goldsbrough, Mort (new 2 6 6 2 6 9 2 6 4 2 6 6 Mutual Benefit (cum div.) 12 0 0 — National Mortgage 3 12 0 4 0 0 3 11 0 N.Z. Loan and Mercantile (ord. stock) 93 10 0 — . 9S 15 0 _ 94 0 0 95 0 0 SHIPPING— Devonport Ferry — 15 0 13 0 1 5' 0 Howard, Smith 1 10 0 1 10 6 1 10 6 1 11 6 1 12 0 1 12 9 Huddart-Parker 2 7 3 2 8 3 2 7 3 ■ 280 Huddart-Parker (pref.) 10 0 — 10 3 10 6 P. and 0. Deferred Stock (cum div.) .. 260 0 0 275 0 0 Union (pref.) 10 0 10 4 10 1 10 6 10 2 ' FROZEN MEATCanterbury 7 10 0 8 0 0 7 12 6 7 19 0 N.Z. Refrig. (£1 paid) 0 14 11 0 15 1 0 14 11 0 15 0 0 14 6 0 15 9 X.Z, Refrig. (contr.) .. 0 7 8 0 7 9 0 7 7 0 7 9 0 6 7 0 6 9 WOOLLENS— Kniapoi (17s paid) 0 8 0 0 9 0 0 7 8 0 9 0 0 10 9 0 .11 9 COALHikuran'gi (ord.) — 0 2 10 0 3 3 Taupiri (ord. cum div.) 16 0 Weslport 1 14 9 1 16 0 1 15 0 1 16 0 1 18 0 1 18 6 GASAuckland 12 9 13 3 13 1 _ Christchurch 13 0 13 6 18 2 1 S 10 1 3 10 .14 1 Christchurch (new 5s paid) 0 6 3 0 6 7 0 6 6 0 6 7 Timaru — 12 6 113 12 4 BREWERIES- . Crown 0 13 0 0 15 0 0 13 3 0 14 1 Monteith's — 10 6 0 18 0 10 6 _ New Zealand .. 2 4 0 2 4 7 2 3 10 2 4 6 2 11 6 2 12 6 Staples 1 18 3 1 19 3 1 18 0 1 19 3 1 17 3 1 17 9 White Star .. — 10 0 — 10 0 CEMENTS— Wilson's 1 16 3 1 17 0 1 16 0 1 16 6 _ 1 13 9 TIMBERKauri 14 0 14 3 13 7 14 3 19 3 MISCELLAKEOUSAllied Motors 0 10 0 0 14 0 0 9 0 0 12 6 18 0 Auckland Amusement Park 0 16 3 0 16 8 Aust. Glass (cum div.) 2 10 — Beath and Co. 1 12 0 1 12 6 1 12 S 1 12 9 1 11 9 1 18 3 British Tobacco 2 16 0 2 17 3 2 17 6 2 18 3 2 11 6 Burns, Philp * 1 17 0 1 18 9 1 16 6 1 17 6 Colonial Sugar 54 0 0 54 7 6 53 17 6 54 0 0 52 6 6 55 10 0 Dunlop Rubber 15 3 16 8 16 0 17 0 Electro. Zinc (ord.) .. 1 10 0 1 11 3 19 0 1 10 0 1 16 9 Electro. Zinc (pref.) .. 1 11 7 1 11 10 1 10 11 1 11 3 1 16 10 1 17 8 Holden's Motors 1 13 6 1 14 0 1 14 9 1 15 2 Mercantile Finance Corporation (5s paid) .. — 0 2 3 0 18 0 2 0 N.Z. Drug Co. 3 4 3 3 4 6 3 4 0 3 4 3 3 10 3 N.Z. Farmers' Co-op. (pref. de div. only) 17 0 2 0 0 ,. N.Z. Farmers' Co-op. (6£ per cent. Stock, 1930) 72 10 0 80 0 0 N.Z. Farmers' Co-op. (6$ .per cent. Stock, 1935) 70 0 0 80 0 0 , N.Z. Guarantee Corpn. 0 8 6 0 8 8 0 8 8 0 8 11 0 16 6 0 11 6 N.Z. Sugar of Milk .. Taranaki Oilfields — 12 6 0 8 8 0 8 9 0 8 R 0 8 8 110 0 j Whitcombe and Tombs 3 7 0 3 8 0 3 7 6 3 7 9 3 7 6 3 9 6 Sanford, Ltd. — 10 3 ~ Greater Crystal Palace 0 17 8 10 3 MINING- ~~ ] Kawaiau „■ 0 0 10 0 12 0 0 9 0 2 6 0 3 0 1 8 0 Mt. Lyell 17 6 17 8 17 6 1 7 10 17 7 1