CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIII, Issue 19172, 1 December 1927, Page 10

CHRISTCHURCH STOCK EXCHANGE.

Markets wer» quiet and prices were firm. No great eagerness was displayed in any particular section. The most noticeable feature was the demand for 4J per cent, tax free Government issues, for which buyers increased their bids on morning call to £96 iss without any business being transacted. The market closed at the late call with buyers £96 103, sellers £97. In the banking section, Bank of New South Wales announce a dividend of 2J per cent. for three months and a bonus of 2J Per cent, for the year, making 12$ per cent for the year ending September 30th. Shares were quoted ex dividend of £1 at buyers £44 7s 6d, sellers £ls. National Bank oj New Zealand were slightly easier, and 3o at £6 17s Gd and 25 at £6 18s 'changed hands, there being further sellers at £6 18a, no buyers. One hundred Bank of New Zealand were liquidated at 60s 2d, a fall of Id. The market closed fractionally weaker, with sellers at 60s 2d, no buyers quoting. In the miscellaneous section, Dalgety and Co. had sales at £l3 la, 80 being turned over at that price; sellers offered more at that figure, and buyers bid £l3. New Zealand Hefngerating Company were firmer. For the fully-paid, 16s lid was offered by buyers, sellers asking 17s 6d. For the 10s paid shares in this company 8a 5d was paid for 100, a rise of 2d on last leoorded business, market closing buyers 8s sd, sellers 8s 6d. Kaiapoi Woollen Company had some attention at 8s 9d, 200 being bought at that price. For the preference shares in this company buyers bid 133 6d, sellers 14s. Christchurch Gas were firm, with buyers 24s 7d, sellers 24s lid, and the new 5s paid shares were wanted at 6s 7d, sellers offering at Gs 9d. One hundred New Zealand Breweries were turned over at 43s 9d, a rise of Is 9d on last recorded business, market closing 42s lOi buyers, 43s 5d sellers. British Tobaccos were firmer, and had a sale at 645; 53s 9d was bid by buyers for more, sellers offering at 54s 3d. New Zealand Drugs were wanted at 65s 6d, which is a higher figure than buyers have been prepared to buy at for some wrwks. Sellers did not offer.

YESTERDAY'S TRANSACTIONS. Sales on 'Change—Bank of, Urn Zealand (cum div.), 60s 2d; N.Z. Kcfrig. (contr.), 8s sd; Kaiapoi Woollens (17s paid), 8s 9d; British Tobacco, 54f1. Sales reported—National Bank of N.Z., £6 17s 6d, £6 18s, £6 17s 6d; Union Bank (new, first instalment paid), £6; Dalgety and Co., £l3 Is; Kaiapoi Woollens (17s paid), 8s 9d; Wellington Gas, 27s Gd; N.Z Breweries, 43s Cd.

LATEST QUOTATIONS. Buyers. Sellers. £ b. d. £s. d.

OTHER EXCHANGES. (PBESS ASSOCIATION TXLIOBAXS.) AUCKLAND, November 30. Sharemarket Sales—lnscribed Stock, 1929, 4 per cent., £96; Bank of New South Wales, £45; New Zealand Guarantee Corporation (ordinary), 9b; Occidental Una Urrited (contributing), Is 7d; Ohinemuri Gold and Silver, 6s 4d; Waihi, 21a Bd, 21e 9d. .

WELLINGTON, November 30. Sales Reported—Bank of New South Wales, £46 12s6d; Wellington Gas (ord.), 27s 6d (2 parcels); 4J per cent. Stock, 1938, £9Glsfl; Taranaki Oil, 10s 9d DUNEDIN, November 30. Sale—National Insurance, 15s 6d. Sales Reported—National Bank of Australasia, £l7 10s (two); Dalgety and Co., £lB Is; New Zealand Drugs, 665; Mosgiel Woollen, £6 12s 6d; Milburn Lime and Cement, 32s 9d; Upper Nevis, 27s 3d; Dunedin City Corporation, 60s, 1932 £102; Bank of New Zealand, 60s 3d (two).

WELLINGTON STOCK EXCHANGE. [THE P&ESS Special Sendee.] WELLINGTON, November 30. The annual meeting of the Wellington Stock Exchange was held on Monday afternoon, there being a large attendance of members. The report and balance-sheet submitted by the committee for the year ended September 30th showed that in all respects the exchange was in a sound position. Mr R. Wynn Kirkby, who has been chairman for the past eight years, was again reelected for the ensuing year. Mr W. P. Sloman was re-elected vice-chairman, the other members of the committee being Messrs G.- Thorne George, A. 8. MacShane, and S. R. Hornabrook. further Commercial News will be found on Page 12.

N.Z. GOVT. DEBENTURES— 4J per cent. Inscribed, 1938 . ; 96 15 0 — 4J per cent. Inscribed, - 1939 96 10 0 — 4£ per cent. Bonds, 1938' 96 10 0 97 0 0 4J per cent. Bonds, 1939 9G 15 0 96 17 6 5 per cent. Inscribed, 1929 98 15 0 99 5 0 5J per cent. Inscribed, 1927-41 08 15 0 99 2 6 54 per cent. Inscribed, 1933 101 2 6 — 6J per cent. Bonds, 1933 101 5 0 — 5J per cent. Inscribed, 1936 101 2 6 — 5J per cent. Bonds, 1936 101 5 0 — COMPANY DEBENTURES— N.Z. Breweries, Inacr. — 1 3 9 N.Z. Breweries, Bonds — 1 3 8 BANKSAdelaido S 12 0 8 15 0 Aust. of Commerce .. 112 6 1 12 8 Coram, of Aust. 1 8 11 — Comm. of Sydney 24 5 0 24 10 0 E., 8., and A. — 7 13 0 National of Australasia (£10 paid, ex div.) 16 19 0 17 1 6 National of Australasia (£5 paid, ex div.) 8 7 0 8 8 0 National of N.Z. 6 17 0 6 18 0 New South Wales 44 7 "6 45 0 0 New Zealand (cum div.) — 3 0 2 New Zealand (Mortgage ' ShareB, £1 paid cum .div.) 1 6 0 — Queensland National .. 8 7 6 — Union of Aust. 14 10 0 — Union of Aust. (new, 1st instalment paid) 5 19 0 6 1 0 Union of Aust. (new, fully-paid 14 1 6 — INSURANCE— National .... •• 0 15 4 0 15 8 New Zealand .. 2 0 0 2 1 0 South British 2 16 9 2 17 3 Standard 8 1 6 3 3 0 LOAN AND AGENCY— Dalgoty and Co. 13 0 0 13 1 0 Goldsbrough, Mort(new) — 2 6 6 National Mortgage — 3 12 6 N.Z. Loon and Mercantile (ord. stock cum • ' div.) 94 0 0 — SHIPPING— Devonport Ferry 1 3 0 1 5 0 Huddart-Parker 2 8 3 — Union (pref.) 1 0 1 — FROZEN MEATCanterbury 8 0 0 — Canterbury (pref.) 4 18 6 5 1 6 N.Z. Refrig. (£1 paid) 0 16 11 0 17 G N.Z. Refrig. (contr.) .. 0 8 5 0 8 6 North Cant. Freezing (cum div.) — 1 0 0 Wellington 0 8 3 — WOOLLENSKaiapoi (17s paid) 0 8 7 0 8 9 KaiaPoi (pref.) 0 13 6 0 14 0 COALWestpoit .. •• 1 11 3 — GASAucJdand .. , 1 2 9 — Christchurch 1 4 7 1 4 11 Christchurch (new, 5s paid) 0 6 7 0 6 9 Wellington 1 7 0 1 7 9 BREWERIESCarlton — 2 7 0 New Zealand 2 2 10 2 3 5 Staples .1 17 5 1 IS 3 Ward .. •• — 1 17 3 CEMENTSWilson's . • ' • • 1 15 6 — TIMBEREauri (cum diy.) — 1 4 0 MISCELLANEOUSAllied Motors — 0 15 0 Beath and Co. 1 12 6 — British Tobacco 2 13 9 2 14 3 Colonial Sugar ., 54 5 0 — Electro. Zinc (ord.) .. 1 10 •8 1 11 0 Electro. Zinc (pref.) .. 1 11 9 1 12 0 Henry Jones Co-op. (cum div.) 1 16 0 1 17 6 Holden's Motors 1 11 3 1 12 6 N.Z. Drug Co. 3 5 6 — N.Z. Farmers' Co-op. (pref. ro div. only) 1 0 0 117 0 N.Z. Guarantee Corpn. 0 8 9 0 9 0 N.Z. Paper Mills (ex div.) 0 16 0 0 17 0 Whitcombe and Tombs 3 7 6 Sanford, Ltd. 0 19 6 1 0 0 MININGMt. Lyell (cum div.) .. 1 8 3 1 8 8 Waihi 1 1 6 1 2 0