CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXIII, Issue 19180, 10 December 1927, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. Sale* on 'Change-Bank of Australasia, £l4 14s; National Bank 6f New Zealand (cum div.), £6 17s (2 parcels); Christchur ch Gas (5s paid), 6s 5d (3 parcels); Electro. Zinc (8 per cent, part pref.), 32a 2d; N.Z. Guarantee Corpn., 8s lid; British Tobacco, 52s Od; N.Z. Refrigerating (10s paid), 8s 7d. Sales Reported—4J per cent. Bonds, £96 15s (2 parcels); 4J per cent. Inscribed, 1938, £96 15s; 4J per cent. Inscribed, 1939, £96 15s (1938); 5i per cent. Inscribed, 1927•11. £99: National Mortgage, £3 12s; Staples Brewery, 38a; Wilson's Cement, 37s 9d.

QUOTATIONS

OTHER EXCHANGES. (PBKSS ASBOCIATIOH TILEOBAIM.) AUCKLAND, December 9. Si)leB —Bank o£ Australasia, £l4 13s 6d; Commercial Bank of Australia, 29s 3d; National Bank of New Zealand, £6 16s 6d; Bank of New Zealand, 59s 3d; Bank of New South Wales, £45 7s 6d; New Zealand In* surance, 40s; Dalgety and Co., £lB Is 6d; Auckland Gas (con.), 16s lid; Northern Steamship, 15s; Wellington Woollen, £6 6s; Wilson's Cement, 3gs 3d; Waihi, 22a 7d; Mount Lycll, 29s 3d. WELLINGTON, December 9. Sales Reported—New Zealand Guarantee) Corporation, s>s; National Mortgage, 735; Standard Insurance, 62s 3d. DUNEDIN, December 9. Sales reported:—Westport Coal, 32s 6d; Wilson's Cement, 375. WOOL. BRISBANE SALES. (BY CABLE—PBESS ASSOCIATION—COPYBIGHT.) (AUBTBALIAH AND H.Z. CABLI ASSOCIATION.) BEISBANB, December 9. The third series of wool sales has concluded. The market closed firm at Tuesday's opening rates, the only lots meeting irregular competition being those carrying an excessive amount of fault, or heavy or dusty, or doubtful yielding parcels. BRADFORD MARKET. LONDON, December 8. The Bradford market is quiet, and prices are slightly in buyers' favour; 64*s 51d per lb, 60' a 48d, 56's 39d, 60*s 29d, 46's 24d, 40's 22 9 d. Dalgety and Company, Limited have received the following cablegram from their London office, dated December Bth: Wool Sales—No wool eales held to-day owing to a thick fog. Sales close December I3lh if no further interruptions. Wool market is strong. METHVEN STOCK SALE. I

At the fortnightly stock sale held on Thursday, there was a very small yarding. The entry of sheep waa only sufficient to meet local butchers' requirements, and these sold as follows:—11 shorn wethers at 25b 10d, 1 fat ewe at 275, 1 at 23s 3d, 5 fat woolly ewea at 38s, S at 355, 7 at 26s 3d. Cattle—l fat heifer at £ll, empty cow at £•! 10s, springing cow at £6, 1 bull at £7, 1 fat steer at £9, fat cow at £7 ss, store cow at £3 10s, Jersey bull at £6, B forward steers at £1 2s 6d. There was again an exceptionally large yarding of pigs, over 70 being offered, and theso met with a dragging sale throughout. Prices for weaners ranged from 10s to 17s. LONDON MARKET. The Kew Zealand Loan and Mercantile Agency Co., Ltd., have received the following telegram from London, under date 7th inat:— ■ c

Tallow—We quote present c.i.f. and e •values for the following discriptions of tallow:—Fine mutton, 36s per cwt; good beef, 40s per cwt; mixed, 36s per cwt. Nominal quotation. Hemp—High, £34 16s; fair, £33.

THE FRUIT MARKET. CHRISTCHURCH. Vegetables have been in over-supply and prices for all lines were much easier this week, with the exoeption of peas, which, though they were started at a low figure, hardened towards the end of the sale. New potatoes are slightly easier in price compared with last 'week, Owing to the warrrv weather cucumbers have advanced, and brought up to 9d per lb yesterday. , Tomatoes rose from 8d to 9d per lb at the beginning of the week, to from Is 2d to Is 4d yesterday, a rise of from 4d to 5d for ' all lines. Cherries are much the same is price, being still low, with the majority of the lines of poor quality. The supply of strawberries has gone off, and the berries are selling at from Is to Is 4d a punnett. Sales of applies and pears are very sjow, and consequently prices are slightly easier. ~ Current prioes are as follows Apples, Nelson, per case, up to 12b Cd; apples, local, per case, up to 14s; apples, cooking, per case, up to 12s 6d; Bananas, Fiji, per ease, up to 26s 6d; currants, black, per lb, 6d; cherries, dessert, per lb 7d to 1s Id; cherries, No. 2, per lb 4d to Gd; coconuts, per' sack up to 22s 6d; gooseberries, per lb, 2d to B}di oranges, Sydney, per case, up to 80s; pears, dessert, per half-case up to 7s; pears, No. 2, per case, 2s' 64 to ss; strawberries, per punnett, li to Is 4d; tomatoes, dessert, per lb, Is 2d to Is 4d; tomatoes, No. 2, por lb, 9d to Is; walnuts, per lb, Is to Is Id; asparagus, per dozen bundles, 4s to 8s; beans, French, per lb, up to Is 3Jd; beans, broad, per lb, Id; boet, por dozen bundles, up to Is 6d; cabbages, per dozen, up to 3s 6d; cauliflowers, per dozen, up to 10s; carrots, per dozen, up to 2s; oucumbers, hothouse, per lb, 7d to 9d; green peas, per peok, Is 6d to 2s; lettuce, per dozen, up to 8s; new potatoes, per lb, 2Jd to Od; potatoes, per sugar bag, 2s to 2s fid; onions, local, per lb, up to 2d; parsnips, per dozen, up to Is 6d; potatoes, per sack, up to 8s; radishes, per dozen, up to Is 6d; rhubarb, per dozen, 3s to 8b; spring onions, per dozen, up to Is 9d; turnips, per dozen, up to Is; spinach, per dozen, up to 2s 0d; eggs, first grade, Is 6d to Is BJd; eggs, second grade, Is 6d to Is 5Jd, duck eggs Is od. INVERCAIRGILL. (SPECIAL TO THI PEEBS.) INVEROARGILL, December 9. Business in the fruit marts during the past week has been brisk. . The small fruits are now coming to hand in full supplies, cherries and strawberries in particnlar. Values, however, have been much lower than those ruling in the north, and consequently supplies aro expected to ease. The s.s. Waipiata brought a large shipment of Fiji bananas, a big proportion of the fruit showing ripe, and as this will be the final shipment far Christmas trade, the green samples that will keep are certain to be keenly sought after. The parcel of pines expected by the same boat did not come to hand, as their condition was too ripo. A small parcel of Californian Valencias arrived during the week, and met with a keen demand. This will probably be the Inst lot of oranges before Christmas, as doubt is expressed if the navels which are arriving in New Zealand on tho eve of the festive season will reach this market in time for distribution. Tomatoes continue to arrive in large quantities. and prices are steadily dropping. New Zealand apples are now finished, but Canadians are still available, and selling well. Lettuce and Bpring cabbage are meeting with a flrst-class demand. Current prices for the week are approximately as follows: Strawberries Is to Is 3d per pottle; cherries 6d to Is 2d a lb; tomatoes, first grade to lg 4d a lb; bananas, prime green to 37s 6d a case, repacked ripe to 40s; Valencia oranges to 60s; California lemons to 70s; grapes to 40s a keg; Canadian apples 25s to 27s 6d; green peas to 5d a lb; new potatoes to 3Jd;' cabbages to 5s 6d a doz; lettuce 4s. ~~~(QpNTJNUBD ON PAGE 16.)~

Yesterday. Last Week. Last Year. Buyers. Sellers. Buvers. Sellers. Buyers. Sellers. £ e. d. £ a. a. £ 6. d. £ s. d. £ «. d. £ s. d. N.Z. GOVT. DEBENTURES— 41 per cent. Inscribed, 1938 • • • • 96 12 97 0 96 15 0 97 0 0 — — 6 0 •H per cent. Inscribed, 1939 — 97 0 0 — — — 4$ per cent. Bonds, 1930 98 0 0 — 98 2 6 99 0 0 — — 4 V per cent. Bonds, 1938 97 0 99 15 0 — — — 96 15 0 0 ■U per cent. Bonds, 1939 96 15 0 97 0 0 — — '> per cent. Inscribed, 1929 •• •. •• 96 12 99 0 98 15 0 — 6 — — 0 5J per cent. Inscribed, •1927-11 97 0 96 5 98 12 6 — 98 15 0 99 2 6 0 0 51 per cent. Inscribed, 1933 101 2 6 101 2 6 101 5 0 100 15 0 101 10 0 5£ per cent. Bonds, 101 5 1933 101 5 0 — 0 — — — 5| per cent). Inscribed and Bonds, 1936 .. 101 5 101 5 0 — 0 — — OTHER DEBENTURESWellington Harbour, 5J per cent., 1910 98 0 0 — — — — Nelson Harbour 4£ per 96 0 0 cent., 1932 — — — — — Malvorn Electric, 5i per cent., 1962 99 10 0 100 0 0 — — — BANKS— Adelaide S 12 0 8 13 0 8 14 0 — — Aust. of Commerce .. i io a 1 13 0 - 1 12 G 1 14 3 — Australasia 11 13 0 14 15 0 — 14 14 0 11 1 0 14 4 .6 Comm. of Aust. 19 1 19 4 1 9 2 1 9 3 1 11 6 1 11 9 Comm. of Aust. (pref.) 6 19 6 7 16 — — 6 18 0 — Coram, of Sydney 25 5 0 25 11 0 24 8 0 24 12 6 — — E., S., and A. — 7 12 8 ~ 7 12 6 8 0 0 National of Australasia 16 13 0 17 17 (£10 paid) .. 16 17 6 16 19 6 16 16 0 6 — National of Australasia 8 7 (£5 paid) .. 8 7 6 8 8 0 8 5 0 0 8 18 6 9 0 6 National of N.Z. (cum 0 div.) 6 16 6 6 17 6 — ■— 7 6 — New South Wales 45 5 0 45 7 6 44 15 0 44 19 0 44 15 0 44 5 0 6 New Zealand 2 19 3 2 19 6 — — 2 19 3 2 19 Union of Auat. — 14 10 0 14 8 0 14 14 0 15 4 0 15 5 6 Union of Auat. (new, 6 18 6 19 1st instalment paid) 5 18 0 6 19 6 6 0 — ■ ~ Union of Aust. (new, 14 0 fully paid) 14 1 6 14 8 0 ,0 — INSURANCE— National •• •• 0 15 7 0 15 9 0 15 5 0 15 7 — — 9 New Zealand .. 2 0 0 2 0 3 2 0 0 2 0 3 1 17 0 i 17 Sontli British 2 17 3 2 17 6 2 16 6 2 17 1 • — 2 16 6 Standard 3 1 0 — 3 1 6 — 2 17 0 2 18 0 United — 12 0 0 — — — LOAN AND AGENCY— Dalgety and Co. . • 13 1 0 13 1 6 12 18 6 13 1 0 — in 10 0 National Mortgage 3 10 0 3 12 3 — 3 12 6 3 10 0 SHIPPING— 1 12 Howard, Smith 19 0 1 10 » 1 8 0 1 9 0 1 11 4 2 Huddart-Parker 2 8 0 — — — 2 5 0 2 7 0 P. and 0. Deferred 246 0 0 Stock (cum div.) ..257 0 0 267 0 0 357 0 0 270 0 0 0 250 0 Union (pref.) 10 0 — 1 0 2 — 1 0 4 FROZEN MEATCanterbury (pref., cum div.) N.Z. Refrig .(£1 paid) 4 19 0 5 2 6 4 18 6 5 2 6 4 17 6 5 2 0 0 17 4 0 16 0 0 17 10 0 18 3 0 15 6 0 14 8 N.Z. Refrig. (cont.) 0 8 6 0 8 7 0 8 7 0 8 8 0 6 7 U b i.1 WOOLLENS0 8 0 10 9 Kaiapoi (17s paid) 0 8 6 0 8 11 6 0 8 10 — COALWeetport 1 1)2 4 1 12 10 1 11 3 1 13 10 — — GAS- i 1 4 11 Chris fcchurch .. 1 4 7 — — — — Christchuch (new, Sa paid) 0 6 4 0 6 6 — — — BREWERIES — New Zealand .. Staples 2 4 0 2 5 0 2 8 0 2 4 0 2 12 7 2 12 10 1 17 11 1 18 8 1 17 6 1 18 0 1 17 9 1 18 8 Timaru — 0 16 8 — 0 16 3 — — White Star 0 16 8 10 0 — — — - CEMENTS— Wilson's 1 M 1 14 1 17 9 1 18 4 — — 0 0 TIMBER— i Kauri (oura div.) 110 18 0 — — — 1 10 0 MISCELLANEOUS- . 6 Be&th and Co. 1 1<2 6 — 1 12 7 — 1 11 6 1 12 British Tobacco 2 12 7 2 13 0 2 13 3 2 13 6 —■ — Burns, PJiilp 1 17 6 1 19 0 — 1 17 6 — — Colonial Sugar — 55 0 0 — — — — Electro. Zino (pref.) .. 1 11 11 1 12 2 1 11 9 1 12 0 1 17 2 1 17 6 Henry Jones Co-op. Holden's Motors — 1 17 0 — — — — Ill 8 1 11 9 —r 1 12 0 — — N.Z. Farmers' Co-op. (1st pref.) 2 10 0 — — 4 8 0 — — N.Z. Farmers' Co-op. ' (61 per cent. Stock, 1930) 78 16 0 — — — — 82 10 0 N.Z. Farmers' Co-op. (6} per cent. Stock, 1935) 76 0 0 — — — — — N.Z. Guarantee Corpn. 0 8 11 0 9 0 0 8 10 0 9 0 0 10 3 0 10 6 Taranaki Oilfields — 0 11 0 — — — — Whiteoombo and Tombs 3 7 6 — 3 7 6 — S 9 6 — MININGS Mt. Lyell (cum div.) 18 9 19 9 1 8 0 1 8 7 1 8 9 1 9 1 Waihi 12 4 13 0 1 1 7 1 1 i 1) — —