CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIII, Issue 19148, 3 November 1927, Page 10

CHRISTCHURCH STOCK EXCHANGE.

Yesterday's markets were quiet and the number of transactions recorded was snail. There was no decline in prices, in fact, the sales that were recorded were at slightly higher figures. Industrials were particularly dull and will probably remain so until the prices of gilt-edged stock 3 rise to a figure that will only give a small return to the investor. In the Stock and Bond market £3OO 5; per cent. 1933 stock was sold at £lOl ss, but buyers were not satisfied, more being wanted at that price. For bond 3 of this issue buyers offered £lOl 7a 6d without attracting sellers. 11 per cent. 1938 and 1933 bonds and stocks were- uligbtly firmer at buyers £96 7s 6d, seiler3 £96 10s. Other issues were firm at late rates. -In the banking section, Bank of Adelaids held with buyers offering £3 16s Gd, sellers £S 19s 6d—a sale taking place at £3 173 6d. . 100 Australian Bank of Commerce changed hands at 323 9d, market closed buyers 32s 9d, sellers 335. Commercial Bank of Australia had a sale of 100 shares at 2Ss lOd. This did not satisfy the market, bjiyers quoting OSs 10d,' sellers £)s. Bank of New South Wales were fractionally firmer and sales were offected at £li is, 20 shares changing hands it that price, mcvek- u iiniahed buyers £U 2s 6d, sellers i' 44 sa. Bonk of New Zealand had some attention, sales taking place on a parity with previous day' 3 markets 100 at 583, 300 at 38s lid. and 100 at 5Ss 3d being released ; market held at buyers 58a Id, sellers 5Ss '2d. Union Bank buyers offered £l3 13s without sellers quoting Rights to the new shares were eoid at ols &i and o'-s, market clo?ed 51s 3d buyers, 52s sellers. Fractional rights sold at '■ 9s 3d, buyers offering Ds 2d, sellers 9s 4d.

In. the miscellaneous investment section, £l3 11a was bid for Dalgety and Co., Ltd., £o paid shares cum dividend, sellers offering at £l3 14s New shares in this company were buyers £l3 Is 6d, sellers £l3 2s (3d. Goldsbrouqh, Morts were firm at buyers 17s 9d, eellers ISs. New Zealand and River Plates entered the buying list at 275, but sellers did not respond. New Zealand Refrigerating partly-paids were firm at Tuesday's closing price Sa, and a parcel was sold at this figure, leaving further buyers at 83, sellers S3 Id. The brewery market was o t uiet but firm at late prices. A margin of Gd .separated buyers and sellers of J. Staples and Co. at 38s and 38s Cd respectively. Electrolytic Zino preference had raising tendency, buyers offering 325, ..sellers asking 82s 3d, while for the ordinary shares' buyers ■ offered SOs -unsuccessfully. Two parcah of Guarantee Corporation changed hand at 8s Bd, which is slightly higher than last-recorded busi-. r.tss. Automatic Totalisato;*, Sydney, were wanted at 13s Sd. In the mining section quotations were: Kawarau, buyers lOd, sellers Is- 2d; Mt. Liell, buyers 27s 6d, sellers 27s 8d; Waihi (cum div.), buyers 22s 3d, scllera 22s 3d.

YESTERDAY'S TRANSACTIONS. Saies on 'Change—N.Z. Govt. 5Jj per cent. Irecribed, 1933, £lOl 03; Au3t. Bank of Commerce, 323 9d; Bank of New South Wales, £44 4s (3 parcels); .Union Bank (rights), 51s 6d, 525, fractions 93 3d (2 parcels); N.Z. Refrig. (contr.). 8s (3 parcels); N.Z. Guarantee Coinm., Ss 8d (2 parcels). Sales Reported—Bank of Adelaide (cum div.), £$ 173 fid; Bank of New Zealand, 58s 3d, 58s, SSs Id (2 parcels); N.Z. Refrigerating (contr.\ 8s; Comm. Bank of Aust., 2Ss lOd.

OTHER EXCHANGES. (ri'.ESJ ASSOCIATION TELEGRAMS.) • AUCKLAND, November 0. Sales —War Loan, 1930, 4J per cent* £97 17s 6d; Commercial Bank of Australia, 28s lOd; Union Bank (rights), 535, fractions 8s 6d, 8s; Hikurangi Coal, 2s 9d; Waipa Coal, 15s 8d; Auckland Gas, 23s 8d; Northern Steamship, Us 9d; Taranaki Oilfields, 8s; Occidental Una (con.), Is 6d. WELLINGTON, November 2. Union Bank (rights) 50s; Union Bank (fractions) 9s 6d and 9s sd. Sales reported—Commercial Bank (ordinary) 295. DUNEDtN. Novembers. Salej—Bank of New Zealand. £63; Union Bank-(riehtß). 513 pram., fractions 9s (four). Sales Reported—Bank of New Zealand. 5Sa- Donaghy's Rope and Twine, 34s 3d; 5J per cent. Inscribed. 1933. £lOl 2s 6d; Dunedin Stock Exchange • Proprietary, 80s (cum div. es lights).

LATEST QUOTATIONS Buyers. Sellers. £ "a. d. i' 5. d. N.Z. GOVT. DEBENTUB ESi$ per cent. Inscribed, 193S 96 7 G 96 10 0 4k per cent. Inscribed, 1939 S6 5 0 9C 10 0 4i per cent. Bonds, 1930 es s o —. 4$ tier cent. Bonds, 1939 .96 7 6 — 5J per : cent. Inscribed, 1927-il 93 7 6 — 5J per cent. Inscribed, 1933 101 5 0 101 10 0 5£ per cent. Bond3, 1933 101 5 0 — 5$ per cent. Inscribed, 1936 101 5 0 101 7 6 BANESAdelaido (curu div.) .. S 16 6 8 19 6 Aust. of Commerce .. 1 12 9 1 13 0 Australasia .. Id 11 0 14 12 6 Commi • of Au3fc. 1 8 10 19 0 Comm. of Aust. (pref.) 7 10 7 4 0 E., S., and A. 7 12 G 7 13 6 E.. S.. and A. (Royal Bank .issue) 7 10 0 7 11 3 . National of Australasia ' (£10 paid, cum div.) 17 11 0 17 13 0 National of Australasia (£5 paid!, cum ' div.) •8 14 G 8 15 6 Itational of N.Z. 6 15 0 6 17 6 New South "Wales 44 2 6 44 5 0 New Zealand .. 2 18 1 2 18 2 Queensland • National ■ (cuui div.) 37 0 S 12 0 "Union--of A-ust. 13 15 0 14 5 0 Union of' Aust. (rights) 2 11 3 2 12 0 Union of Auat. (fractions) 0 0 2 0 9 4 INSURANCENational (cum div.) .. 3 :9 0 4 0 0 New Zealand .. 1 18 6 1 18 10 South British — 2 16 9 LOAN AND AGENCYDalgety and Co. (cum div.) .. .. 13 11 0 13 14 0 Dalgety and Co. (new) Goldsbrouga, Mort 13 1 6 13 2 6 2 7 9 2 8 0 Goldsbrpugh, Jlort (new! 2 6 6 2 7 0 N.Z. Loan and Mercantile (ord. stock) .. 93 10 0 : — N.Z. and. River Plate 17 0 — Perpetual Trustees — 3 5 0 SHIPPINGDevoriport Ferry — 15 0 Howard, Smith 1 9 9 1 10 3 "Union' (pref.) 10 0 — FEQZEN MEATCanterbury 7 12 6 S 0 0 N.Z. Refrig. (£1 paid) 0 15 3 0 15 6 N.Z. Refrig. (contr.) .. 0 8 0 0 8 1 WOOLLENSKaiapoi (17b paid) .. 0 8 0 0 9 0 GASChristchurch .. 13 1 1 3 9 Christchurch (nci, 5s paid) 0 6.4 0 6 6 Tiinaru . < — 12 9 BREWERIES— Crown 0 13 0 New Zealand 2 4 0 2 4 9 Staples .1 18 0 1 13 6 "Ward 1 13 6 1 18 0 White Star .. — 1 0 0 CEMENTS— Wilson'e 1 11 0 .1 13 6 MISCELLANEOUSAmalgamated Wireless . — 0 19 0 Auckland Amusement Park 0 16 3 — Beath and Co. 112 0 1 12 i Australian Glass (cum. div.) 2. 1 3 — British Tobacco 2 18 6 3 0 0 Colonial Sugar 54 0 0 54 5 0 Electro. Zinc (ovd.) ., 1 10 0 Electro Zino (pref.) .. 1 12" 0 1 12 3 Henry Jones Co-op. .. 1 17 9 1 18 0 Holden's Motors 1 13 4 1 13 8 Mason, Struthers. (Us -paid) .. — 0 14 0 Mason, Strutters (10s paid) 0 9 4 0 10 0 N.Z. Drag Co. 3 4 0 3 4 6 N.Z. Faimers' Co-op. (1st pref.) — 4 0 0 N.Z. Farmers' Co-op. (pref. ro div. only) 1 S 6 1 13 6 N.Z. Farmers' Co-op. (6J per cent. Stock, 1930) .. 76 0 0 73 0 0 N.Z. Guarantee Corpn. 0 8 7 0 8 8 Taranaki Oilfields 0 8 0 — - Whitcombe and Tombs 3 7 0 3 8 0 Eclipse Petrol (£1 pd.) 0 S 0 — Sanford, Ltd. — 1 0 3 Automatic- Totalisator 0 15 0 — •HINTNGiAlbnniia 0 2 10 — Kawarau 0 0 10 0 12 Mt. Lyell 17 6 17 8 Waihi (cum div.) 12 3 12 9 Grand Junction 0 1 3 0 2 0