CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVI, Issue 19957, 18 June 1930, Page 12

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. $ ' There* was a moderate turnover of stocks on call yesterday, with ' the bulk of the' business in the banking section. The outstanding feature was' the sharp drop in prices for Bank of New South Wales-shares. Transactions; exclusive of vestibule business, in eluded

600 Commercial Bank of Australia. . 20 English; Scottish, and Australian Bank. . 29. Bank of New-South Wales. 25 Union; Bank of Australia. 20 Dalgety andXJo. x 238 United Building (society. , 300;Westport-Stockton Coal (ord.). 200 Tooths Brewery. . . 100 British Tobacco (cum. div.).

Commercial Bank of AuatraJia shares showed an easing tendency, with doings at 22s 4d, 22s 3d, and 22d 2d, and further solWs at 225, 3d, at 22s Id. Australian ; Bank of Commerce shares weakened to ■ 24s 9d-sel lers, 24s 3d-buyers. English, Scottish, and Australian Bank shares fell to m Is. market closing £6 ( buyers, £b 2s 6d sellers. Bank of . New- Soutii Wales shares had dealings at £B9; I2s 6d, £39 * 15s, £39 10s, £39 6s, and £3B 17s 6d, and mote ware offered at £39. buyers at £3B'l2s 6d. Union Bank of Australia shares realised £U 2s 6d, market closing£l2 Is 6d.sse e £l2 buyers. Quotations for Bank, ot New Zealand and National Bank of Australasia. Bhares revealed weaker "Dafeety and Company shares were easier at £ll 2s. closing quotations £ll buyers, £ll 2s 6d sellers Goldsbrough. Morts appeared weaker, with sellers at 31s 2d. buyers at 30s lOd. United Building Society shades were firm, with dealings at 14s lOd, and further buyers at 14s 9d. sellers at 15s. Westport-Stockton Coal ordinary shares were a trifle stronger, with business at Is ioid. Tooths Brewery shares relapsed to 34s 3d. market closing 34s 4d buvers. 34s 7d sellers. British Tobaccos were released at 40s lOd, and there were further sellers at that fieure. buvers at 40s 9d. _Dunlop Pordriau "Rubber scares were fractionally weaker on sellers' quotes 14s 2d, buvers at 14s. Ouotatinns for Electrolytic Zinc shares showed a weaker market. Mt. "Lvells. cum dividend dedined to 27s Id sellers 26a 9d buyers. Wilson's Cements were' stronger. witn buvers at 45s 5d sellers at 465. .Buyers of Okaritn Gold Mining shares raised their bids to 8s 9d, sellers at 9s 9d. latest quotations.

YESTERDAY'S SALES. CHBISTCHURCH.

RANGIORA MARKET. There was again a very poor market ttt Rangiora yesterday, the entry consisting of 893 sheep, IS head of cattle, and S pigs; The aheap vales included 68 fat lambs at 20s Bd, 10 fat ewes at 16s Id, 11 at 13s 7d, 9 at lis 6d, 59 wethers at 20s to 21s, and 13 lambs at 14b. The passings totalled 319. The cattle sold wore a springer at £lO 15b, 2 springing heifers at £0 10s, 2 at £B, 1 at £7 17s Od, and 1 at £7. Three store pigs made 38s each, and weaners 18s to 17s 6d. Poultry—Boosters brought 8s 6d a pair, bens 4s 6d, pullets 8s 6d, and ducks <i. Produce sold at prices on a par with last week's quotations. Skins, ate. —Halfbred sheepskins realised 6s, crossbred ss, hogget 4s, pelts Is to la 6d, calfskins 4s 6d, wool 5d lb, crutchings SJd, hides 4d, fat 1 id, and horsehair Is 3d.

TINWALD STOCK SALE.

Mainly owing to the closing down of the Fairfield Freezing Works for the seasoa last Saturday, there was an exceptionally large yarding of fat and forward ewes and wethers at the Tlawald stock sale yesterday, when prices were about the same as those ruling during the past few weeks. Local butchers competed keenly-for prime lines. The yarding comprised approximately 560 fat lambs,. 1024 fat ewes, 822 fat wethers, and 480 stores. The largest proportion of . the latter were passed in at auction. JPrices realised were:—! ■ ' . Fat Ewes—Ten at 14s lid, 12 at 14s Bd, 12 at lis 7d, 11 at lis lOd, 8 at 12s lOd, 11 at 18s Id, 13. at. 14s Bd, 29 at 10s lOd, IS at 17s lOd, 19 at lis 7d. 20 at 10s lOd, 8 at 18s 7d, 4 at 9s, 11 at ISs.lOd. ,12 at IU-Id, 21 at 15sld* 8 at lßs lod, 13 at 14s 4d, 12 at 18s 10d,15 at 12s lOd, 9 at 18s Bd, 10 at 18s lOd, 8 at 16s Id, 9 •at 12s 4d, 6 at 14s 6d, 14 at 12s 4d, 11 at! 15s <4d,. 92; (forward) at lis 4d, 28, at' 16s 4d, 12 at 14s lOd, 18 at 15s 7d, 15 at 14s 7d, 12 at 15s lid, 19 at 15s lOd. 26 at 12s Id, 20. at, lis 4d, 8 at 14s 7d, 11 at 16s, Id, 5® (forward) at. 8s Id, 8 at 7s Od, 14 at-8s lOd, 7 »t 13s Id, 8 at. 10s 7d, 10 at 10s Id, 25 at 18s -9d, 16 at 12s lid, ►ll *t 12s Id, 15 at 8s lOd, 9 at 12a Id, « at > lis lOd, 4 at 10s lOd, 15 at lis 4d, 15 at lis Id, 9 at 8s 7d, 8 at 12s lOd. 16 at Us Id, 10 at 12s 4d. 6 at 16s Id, 18 at Us 7d, 18 at 111 7d, 2 at 19s . 4d, 7 at 18s 4d, 7 at 16s Id. , Pat Wethers—Eight at 19s 6d, 9 at 10» lOd, 10.at 19s lid, 18 at Sis sd. 18 at 18s lOd, ll at 22s' 7d; 19 at ' Ips sd. 9 at 20s 6d, 1 at 10s Id, 12 at 16s 6d. 7 at 12s 4d, 24 at 17s 7d, 10 at 17s 9d, 4 at 17s 100, 10 at 20s 7d, 4 at 2Bs 7d, 12 at 18s Id, 10 at 21s 4d, 8 at 25s Id, 10 at 34s lOd, 0 at 24s fid, 12 at 17s 4d, 7 at 17s 4d, 24 at 17s 7d. 4 at 17s lOd. 10 at 20s 7d. Fat Lambs—Fire at 21s lOd, 2 at 27s 44, t«»at 20s 4d, 40 at 21s Id, 72 at 19s lOd, 3a at 17b 4d, 19 at 16s 4d, 112 at 22s Id, 12 at 19s 4d, 13 at 17s Bd, 54 at 20s 60, 8 at 18s 4d, 55 at 21s 2d. 80 at 16s 7d, 82 at 19s 7d, 6 at 21s Id. Stores —120 crossbred ewe lambs at 14s 2d, 64 crossbred wether lambs at 6s 9d. Cattle —Two fat steers at £l2 10s each, 3 at fill, l fat cow at £9, l springing eow (third oalver) at £lO ss. LORNEVILLE STOCK SALE.

(PRESS ASSOCIATION TBLEOJUK.) INVEKCABGILL, Jwxe 17. • There were decreased yardings in all sections at the weekly etock sale, which opened in cold and wet weather this morning. As was anticipated, a Blight improvement wao noted in practically all sections, and value* came into lino with those ruling at the chief northern centres during the last week or. bo. Prime fat sheep showed an improvement of about 35." per head, while lambs realised quite up to last week's prices. A few pens of fat cattle at the latter end of the sale realised enhanced values. Fat Cattle—ln epite of the short yarding, values did not show, any appreciable rise on last week'® sale. Good quality ox beef eold at 40a per 1001b. Quite a number of wellfinishod medium-weight bullocks, were forward, also a proportion of good quality heifers. Extra heavy prime bullocks brought up to £l7, heavy prune bullocks £l4, and lighter sorts £9 10s to £l2 10s. Good heifers brought up to £l3 with lighter sorts up to £lO. Good heavy cows eold at around £lO, medium-weights £8 to £9, and lighter sorte down to £6. Fat Sheep—ln a email yarding of fat sheep, the bulk consisted of fat ewes. There were quite a few pens of good quality which make belter pricea than have been realised for some time. A pen of heavy extra prime ewes brought 225. Medium-weight butchers' ewes made 17s to? 18a, and lighter sorts down to !2s. The top price for • wethew was 88s for an extra prime lot. Prime sorts made 96s to 275, and medium and light down to 235. Best lambs made up to 255, the yarding being small. Store Cattle—There was a very small yarding of etore- cattle comprising empty cows and a few small calves. The demand was not very brisk. Fresh-conditioned empty oows made £i 15s to £5 7s 6d, and aged and inferior down to £2 10b. Small and inferior calves ■ sold, at 10s to £l. Store Sheep—There was a fair yarding in the store sheep section, and this demand was about, on a par with recent sales. There woe a special entry of two, four, six. and eight-tooth ewes, of good ouality, which realised as tooth &is Bd, six and eight-tooth 225. A small line of medium hoggets brought 13s 6d, while a pen of good full and failingmouth ewes sold at l4s, 4d.

EGG AUCTION. Messrs Harris Bros., limited, report that the usual weekly auction' sale of ''Feather Brand'' guaranteed fresh eggs was. held yesterday. afternoon. The.,following prices were realised Hen eggs, Ist grade (2oi or over) 2b Sd; hen eggs,- second grade (under Sos)' 83. _ '■ , "H 5

Buyers. £ 6. d. Sellers. £ a. d. NX 61 £t 51 6J 5i sj Government Debentures — per cent* Inwnb^d, 1938 -• •• 88 0 per cent. Inscribed, 1987 .. 86 10 0 per cent. Inscribed, 1983 .. , .. 88 0 0 per oont. Inscribed, 1933 .. 98 5 0 per cent. Inscribed, 1911 • r .. — • per cent. Inscribed, 1983 .. „ .. 99 S 0 per cent. Bonds, 1988 ... •• 89 6 • ror cent. Inscribed, 1833 .... 03 S 0 89 6 97 10 97 IS 09 10 0 0 0 0

G£ per cent. Bonds, 99 1 19S6 6 — 5| per cant). Inscribed, 1887 99 7 6 100 0 0 64. per cent. Bond*, 1987 90 10 o loo e 0 Other Debentures — Malvern Electric, 52 pur loo 1 e . cent., 1963 0 100 10 6 Giaborne Borough, 6i i w « per cent., 1946 95 0 0 0 Glaxo, 6j per cent., 1946 90 0 0 — Giaborno Sheep, 7J p«r cent.., 1931 — 90 0 0 Banks— Aust. of Commercs 1 4 8 1 4 9 Australasia .. .. 12 7 6 12 15 0 Comm. of Aust. 1 2 1 1 2 8 Comm. -of Aust. ■ (p xaL) 6 11 0 6 15 0 3*1, 8.,: and A. 6 0 0 6 2 6 National of Atwtralwia 6 (£10 paid) IS 2 6 15 9 National of Australasia (£5' paid) .. 7 9 0 7 18 6 New; South Wale# ■ ,8812. 6 89 0 0' . New, Zealand (cum div.). 219 8: 2 10 9 : Union of Aust.' .. 12 0 0 13 1 6 Insurance— • National U° 0 14 0 • . —- •; New Zealand « ' «• 3 6. S 2 8 » ■: South" British «- 3 0 1 8 1 8 Standard .. . . «. •• • — 3 0 0 Loan and Agency— Daleety and. Co. .. Christchuich " Building 11 0 0 'U. a 6 Society .. ' 13 e ft . •— Goldsbrough, Mart 1 11 (cum div.) 110 10 2 Mutual Benefit 13 32 0 N.Z. Guarantee Corpn. 0 7 10 0 8 0 Permanent Investment 10 5 0 — United Building Society 0 11 9 0 15 0 Shipping— . Huddart-Parker 1 18 6 s e 9 Huddart-Pavker (pref.) 0 19 0 — P. and O. Deferred Stock 2 0 0 — Frozen MeatCanterbury (ord.) S 6 0 e is 0 N.Z. Befrig. (£1 paid) 0 10 6 — N.Z. Befrig. (10s paid) 0 6 7 0 .5 10 North Canty. Freezing , — 0 2 6 Woollens— Kaiapoi (17s paid) 0 10 0 0 18 0 Kaiapoi (7s paid) 0 4 a •— Coal— Grey Valley ... 12 9 I 6 8 Pukemiro .. «. 8 S 0 — Westport 1 10 0 Stockton (ord.) 0 1 6 0 1 10 Stockton (prof.) ,, — 0 3 9 Gas— Auckland M 1 4 6 ' — Ashbnrton „ 5 S 0 Christchurch ... — 1 6 6 Timaru ... „. — 1 .2 6 Breweries— New Zealand .. r*. 2 10 7 2 11 8 Staples 2 7 6 2 8 e Timaru 0 14 9 Timaru (6s paid) — 0 6 6 Tooheya ., 1 2 0 1 8 0 Tooths 1 14 4 1 14 7 Ward „ 0 11 0 0 13 8 White Star .. — 0 14 0

MiscellaneousAllied Motors .. — 0 1 0 Amalgamated Wireless (contr.) . .. 1. 0 6 1. 1 6 Beath and Co. (Is paid) 0 6 7 0 6 10 Booth, Macdonald (pref.) 0 8 6 0. i 2 • British Tobacco 2 0 8 2 0 10 Colonial Sngar 43. 2 6 42 10 0 Dunlop Perdriau Rubber . East African Coffee (£1 0 14 0 0 11 2 paid) 0 15 9 0 17 0 Electro. Zinc (ord.) .. - 1 4 0 1 4 S Electro. Zino (pref.) .. 1 5 0 1 S 6 Henry Jones Co-op. .. 1 9 6 Fuller's Pictures 0 12 7 0 13 2 Holden's Motors .. 0 IS 0. 0 14 0 Kauri Timber 0 18 6 Mt. Lyell (cum div.) .. 1 6 9 1 7 1 N.Z. Farmers' Co-op. (£2 10s paid) N.Z. Farmers' Co-op. 0 5 0 1 1 0 ("A"' pref.) N.Z. Farmers' . Co-op. — 2 4 0 ("B" pref.) — 3 10 0 N.Z. Farmers' Co-op. Wi r«r cent. Stock, 1939) .. .. _ 88 0 0 N.Z. Farmers' Co-op. (6j per cent Stock. 1940) 77 0 0 fifi 0 0 N.Z. Farmers' Fertiliser 0 19 9 •*! 0 6 North Canty. Co-op. Hour _ .. :• 0 10 0 0 17 0 Quill. Morris — 0 13 6 Taranaki Oil 0 2 0 O 8. 6 Victoria Nyania ' Sugar ''— 2 0 9. Wilson's Cemenc «. 3 S 3 2 6 q Mining-— 0 14 0 6 Alexander .« ••• — Kawarau a -«■ — 0 0 Okarito .. 0 iB 9 0 9 9 Stoney Creek (6d paid) ■ 0 0 1 0 0 5 Winding Creek (63 pd.) — • 0 0 2 Ca»i«i Hefai- SS-"Vai3t-- » « f • OS*

Sales on 'Change— £ a. L Commercial Bank of Australia - - (3) ft.. S., aid A. Bank ... Bank of New South Wales Dalgety MidCo. '. _ -• United Buildm*. Society. ® Tooth's Brewery (») British Tobacco (cum. div.) 12 4 12 3 1 2 2 6 10 39 12 6 39 10 0 39 5 0 38 17 6 11 2 0 0 14 10 1 14 8 2 0 10 Sales' Reported— Bank of New South "Wales Union Bank of Aust. ... Ooal (ord.) — 39 15 0 12 2.6 © 1 10i AUCKLAND. gaJeron'Ohaase— Inscribed Stock, 1938, 4$ • per cent. •• Aust. Bank of Gommeree Commercial Bank of Australia Bank of" New South Wales . Register) •• 99 5 1 4k I 2 SO 10 39 6 0 9 1 0 0 Bank of New ; Zealand . .. South British .. •• . Huddart Parker (pref.) .. Northern Steam (cont.) .. N.Z. Hefrigerating (cont.) • Taranaki Oil ** — 2 19 8 0 0 19 0 6 0 5 0 2 0.2 9 0 9 6 9 0 2 WELLINGTON. Sales Reported— Bank of New South Wales £ a. 40 0 89 10 12 1 2 0 2 11 0 10 . d. 0 o Union Bank of Australia British Tobacco Co. (Aust.) (ord.) ... . — New Zealand Breweries -~o National Electric 0 9 3 0 DUNEDIN. Sales on 'Change— Kildare « •••• Okarito (paid) (2) & a. d. 0 0 11 0 9 0 Sales Reported— Colonial Sugar ... (2) Milburn Lime and Oeniont Okarito 42 10 0 1 13 6 0 8 11