CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIII, Issue 19146, 1 November 1927, Page 10

CHRISTCHURCH STOCK EXCHANGE.

Market* opened quietly on th« Exchangs je»- ! terdty. Competition was dull and the turnerm below the average, the approaching holidays I already having • some effect upon business. [ In the stock and bond section, £3OO 4J 1 per. cent. 193S bonds changed hands at £96 7s 6d, but the demand at that price exceeded the supply' and market closed, buyers £36 7a 6d, no sellers offering. Makerui. Drainage Boa-rd 6 per cent. 1946 debenture entered the selling list at £lO2 10s, the return at that price being .£5 17s Sd per cent. a3d with redemption ±*s 163 6d per cent. In the banking section, Bank of Adelaide were slightly firmer, buyers quoting £8 15s 6d, sellers £8 17s 6d. National Bank of New Zealand were easier at £6 16s 6d buyers, £6 17a 6d sellers. Five Bank of >"ew South Wales shares were released at £44 0s 6d, market closing £43 17s 6d buyers, £-14 2s 6d sellers. Bank of New Zealand were sold at 58s—57s''l0d was bid for more — sellers asking 5Ss 3d. Union Bank declined further to sellers £l4 23 6d without attracting buyers. Rights to lho new shares were 6old at 49s and 1 parcels at 55s —market ' finishing slightly easier with buyers 433 6d, sellers 49s Sd. Fractional rights had sales at 9s 6d and 9s 3d, market closing 0i Sd buyers, 9s 5d jelbrs. Quotation for Dalgety and Co. were, buyers £l3 12s, sellers £l4. >io sales -were reported. The new shares of this company do not participate in the dividend and bonus announced yesterday, but will now rank in equality with the old shares. Goldsbrough llorfca were harder, buyera offering 47s Sd, sellers asking 48s Id without busir.ees beiug effected. Xew Zealand ileingnating partly paid moved up to buyers Is 9d,' at which figure 850 were sold, without th" buying interests bein? satisfied, sellers holding lor 7s 20d. Buyers of the fully paid shares -in this company were inclined to in-, cieass their offers, ibe nurket closing," buyers 15s, sellers 15s 3d. A firms" tone vas noticeable :r. British Tobaccos, buyers offering 57s 6d", sellei-3 asking 593 Gd. Last week's quotations for tbi3 stock were, buyers 55s 3d, sellers ■ 563 9d. Holrlen's Motors had business at 34s 3d, but later ea3cd to S3s 3d, business being repotted on the afternoon call at thi3 Cguie. In al : 3iM shares changr.d hands, the market closing, buyers 33s 3d, sailers 33s 9d.

YESTERDAY'S TRANSACTIONS. Sales Reported—Bank of X.Z., 5Ss; Bank of >, : ow' South Wales, £4l 2s 6d: Union Bank (rights), 4Ss, 50s (3 parcels); NZ. Rjfrigoratmg (contr.l, 7a 9d (2 parcels); Holden's Motors, Sis 3d, 33s Cd; Comin. Bank of Au3t. (prof.), £7 Is (d. Sale 3 ou 'Chang?—ft.Z. Govt, ilt per cent. Bonds. 1938, £36 7s 6d; Union Bank (fractions), 9s (ki, 9s Cd; X.2. IJefrig;. (eontv.V 7s 9d.

OTHER EXCHANGES. (PR£SS X3SOCUTIOK TELE&RAkS.) AUCKLAND, October-81. Sales—Union Bank of Australia (rights) 50s, fractions 9g, 8a 9d; Hiknrangi Coal 2s 9d. Auckland Gas 22s 9d, Oolosial Sngar £sl 2s 6d; New Zealand Droj? 645. 8d; Sasford, Ltd. (pref.) 20s Sd; Occident*! Una (con.) Is sd; Waihl 22s sd. DUXBDI>T, October 31. Sales—Union Bank (fractions) 9s (ftro parcels). . Sale

LATEST QUOTATIONS Buyers. SclUrs. £ a. d. • £ s. d. N.Z. GOVT. DEBENTURES— 4j per cent. Is&cribsd, 1933 OG 5 0 3G 10 0 4i per 'icnt. inscribed, 1939 36 3 8 — 41 per cent. Bond3, 1938 & 7 6 SS 10 0 4i net cent. Bonds, 1939 96 5 0 — 5 por cent. Bonds, — 1927 I'D 12 G — Sj per cent. Inscribed. 1927-41 OS 0 0 — oh per cant. Inscribed, 1933 and Bonds, 19S3 101 5 0 —. 5J per cent; Inscribed, 1936 101 S 0 101 7 6 55 per cent. Bonds, 193G 101 5 0 ■ — OTHER DEBENTURES- - Makerua, Drainage, -6 cent., 1946 — 102.10 0 Timain Borough, i{ ver cent., 19C3 - — 94 0 0 BANKS— Adelaide (cum dir.) .. 8 15 6 8 17 6 Aust. of Commerce .. 1 12 4 1 12 9 Ausiiralasia .. .. 14 11 0 14 12 6 Comm. of ' Aust. 18 8 1 8 10 Comm. of Sydney .. 24 10 0 24 17 6 B., -S., and A. 7 11 6 — E.. S.. and A. (Eornl Bank issue) 7 9 0 — National of Australasia (£10 paid, cum div.) •17 10 0 17 12 6 National of Australasia. (£5 paid, cum div.) 8U 0 S 16 0 National of N.Z. 6 16 6 6 17 6 New South Wales .. 43 17 6 44 2 6 Now Zealand. .. 2 17 10' 2 IS 3 New Zealand (Mortgage • _ Shares, 10s paid) .. 0 16 6 " — "union of Aust. _ .. —' 14 • 3 6 Union of Aust. (rights) .236 2 9 9 Union of Aust. (fractions) 0 9 3 0 9 5 INSURANCE— National — <U 0 0 New Zealand .. ( .. 1 IS 6 1 19 0 South British — 2 17 0 Standard 3 0 0 — United 11 it) o — LOAN AND AGENCY— Dalgety and Co. (cum div.) .. 13 12 0 11 0 0 Dalgety and Co. (new) 13 I 0 13 2 6 Goldsbrough, Mort 2 7 9 2 8 1 Goldsbrough, Mort National Mortgage — 2 7 0 3 !2 0 3 18 0 N.Z. Loan and Mercantile (ord. stcck) 93 10 0 — N.Z.. and River Plate 17 0 — Perpetual Trustees .; 2 18 0 .3 5 0 SHIPPINGDevonport Ferry ISO IB 0 , Howard, Smith 19 9 I 10 2 Huddart-Parker .. 2 7 0 • — Huddart-Parker (prof.) — 1 1 0 P. and 0. Deferred Stock (cum div.) .. 235 0 0 175 0 0 Union (pref.) 1 0 0 10 4 FROZEN MEAT— Canterbury 7 12 6 8 0 0 N.Z. Refrig. (£1 paid) 0 15 0 0 15 3 N.Z. Refrig. (contr.) .. 0 7 9 0 7 10 WO0LLENSKaiapoi (17s paid) 0 8 0 0 9 0 Kaiapoi (pref.) 0 10 0 0 12 3 Mosgiel 6 5 0 — COALHikurangi (pref.) 0 6 0 0 6? Hikurangi (ord.) 0 ' 2 0 0 2 9 Hikurangi (A pref.) '.. — 0 5 2 Taupiri (ord.) 1 6 3 17 6 Westport — • 1 16 0 GASA6hburton 3 10 0 5 19 O Auckland .; 1 2 9 1 3 S Christchurch .. 13 4 13 8 Christchurch (new, 5« paid) 0 6 3 0 6 6 Ttmaru _ 13 0 BREWERIES— . New Zealand .. 2 4 3, 2 4 8 Staples 1 IS 0 1 19 n Ward 1 ]S> 0 White Star 1 0' 0 CEMENTS— Wilson's .. 1 16 0 T1MBERKauri .. .. 14 6 Leyland O'Brien 1 15 0 1 18 0 MISCELLANEOUSAllied Motors 0 10 0 0 13 0 Auckland Amusement Park 0 16 3 0 17 0 Beatb. and Co. 1 12 0 1 12 6 British Tobacco 2 17 6 2 19 6 Canterbury Farmers' Co-op. (ord. £2 10s paid) / .. 0 2 8 Colonial Sugar 54 2 6 5-17 6 Electro. Zinc (ord.) .. .1 10 0 1 11 0 Electro. Zinc (pref.) .. Holden's Motors .. i 1 11 7 1 13 3 J 11 11 1 13 9 Mason, Stru-thers (lis Mid) , 0 11 3 Maeon, Struthers (10s paid) 0 10 0 Mercantile Finance Corporation (5« paid) ..' 0 2 0 N.Z. Dtuz Co. 3 4 0 3 i *9 N.Z. Farmers' Co-op.. (pref re div. only) 1 10 0 2 0 0 N.Z. Farmers' Co-op. (6* per cent. Stock, 1930) SO 0 0 N.Z. Farmers' Co-or. (6| per cent. Stock, 1935) ' "9 0 0 N.Z. Guarantee Corpn. OSS 0 8 3 N;Z. Paper Mills0 16 3 N.Z. Sugar oi Milk .. . 13 0 Taranaki Oilfields 0 S 6 0 3 10 Whiteombe and Tomos 3 7 0 3 S o Sanford. Ltd. 1 0 S Quill Morris 1.10 Greater' Crystal Palace • 0 17 3 1 10 MINING— Alburnia, 0 2 .11 0 3 6 Karvarau 0 0 10 0 13 Mt. Lyell 1. 7 3 I 7 11