CHRISTCHURCH STOCK EXCHANGE.

Press, Volume LXVIII, Issue 20490, 8 March 1932, Page 10

CHRISTCHURCH STOCK EXCHANGE.

YESTERDAY'S TRANSACTIONS. There was s moderate turnover on call yesterday, with the bulk of the dealings on the-afternoon- call. Themo?t active - section .was the gold mining, in'which the turnover was of average proportions.: Transactions, exclusive of vestibiile business were £4OO New Zealand' Government, 54 per cent., Inscr., 1936. £6OO New Zealand; Government, o£ per cent... Bonds, ,1937. 150 Commercial' Bank of Australia. 44 National Bank of New Zealand. 100 Bank of New Zealand. 500' New Zealand Refrigerating (£1 paid). -100 Golden Dawn. 2000 King Solomon. 2500 Mahakipawa 50 Okarito. Unsupported sellers of Now Zealand Government, 4-V per cent. Tax Free Stock, due 1938, and 1939, reduced their limits to £92 17s 6d; 5i per cent., 1936 Stock, was easier, with business at £97 12s 6d; 5i per cent., 1937 Bonds were firm, with dealings- at £9B and £9B 2s 6d, market closing £97 los buyers, £9B 5s sellers. ' Commercial Bank of Australia shares relapsed to 13s lid, closing quotations Id on either side. Sellers of Commercial Bank of Sydney came down to £l4 10s, buyers at £l3 10s. National Bank of New Zealand shares eased business at £3 7s 6d, closing quotations Is 6d on either side. Bank of New Zealand shares realised 42s 6d, sellers staving in. at that figure, buyers at 425" 4d. Sellers of Union Bank of Australia shares reduct-d their limits to 18s, buyers at £6 12s 6d. Miscellaneous. Buyers of P. and O. Deferred Stock moved up to 23s 3d, sellers at 28s New Zealand Refrigerating, £l paid shares, changed hands at 9s 7d ana 9s 9d, market closing 9s bd buyers, 10s sellers. New ; Zealand Breweries shares were weaker, with sellers at 23s 2d, buyers at 22s 6d. Australian Glass shares hardened to 29s 6d buyers, 31s sellers. Henry Jones Co-op. buyers moved up to 24s 9d without attracting sellers. New Zealand Drug Company shares were stronger on buyers offers 4-6s 3d, sellers at 47s Golden Dawn Gold Mining shares advanced to dealings at 6s lOd and 10id, market closing 6s 10d buyeis, 6s lid sellers. King Solomons showeu little variation, with dealings at as sid, and further sellers at that- P ri °®> buvers at ls'B*d. Mahakipawa Gold--fields shares changed hands at 2£d ant 2d. closing quotations 2d buyers j sellers. Oliaritos were firm; with Bellas and business at 9s sd, buyers at 9s 4d. Sellers of Wailu came down to 16s 6d. buyers at 16s.

; YESTERDAY'S SALES. CHRISTCHURCH.

SYDNEY. There was a restricted turnover of business on the Sydney Stock Exchange yesterday, and Commonwealth Bonds were again lower. More optimistic reports from England encouraged buyers and sellers of pastoral stocks to raise their limits; Colonial Sugars were lieayily traded, the early sales being at £4O 7s 6d, and the closing sales at £4O 15s. Brewery and gas shares were easier.

FOREIGN EXCHANGES. HBmsß brncui WIBELIBS.) ' CKcceiyed March 7th, 5.5 p.m.) \ .RUGBY, March ,6. I'lie following are the current rate# of exchange, compared with those of March Ith

DAIRY PRODUCE. GRADINGS THROUGH STORE. (FRJSSS ASSOCIATION TELEOBUI.) WELLINGTON, March 7. The grading figures of the Dairy Division, Department of Agriculture, for, the seven months ended February, 1932, show an increase for butter of 5.84 per cent, at 79,071 tons (74,706) ■ and for cheese a decrease of 7.05 per cent, at 02,528 tons (67,271) as compared with the corresponding period law season. • Reduced to terms of butter-fat equivalent, there is to date an increase of 2.768 per cent.

LATEST QUOTATIONS Buyers. £ s. d. Sellers. .£ e.d. N.Z. Government Debentures — 4J- per cent. Inscribed, 1938 and 1939 ■■■ — 44 per cent. Bonds, 1939 • • r ■ — 5i per cent. Inscribed, mt •• _ ~ 5£ per cent. Bonus, 1933 .. — bh per cent. Inscribed, 1936 •• ••• 92 la . 0 64 per cent. Bonds, 1936 .. .. 92 0 0 54 per cent. Inscribed, 1937 .. 93 10 0 54 pei- cent. Bonds. 1937 .. .. 9V 15 0 92 17 93 0 95 0 99 0 98 0 97 10 98 5 b 0 0 0 0 0 0 Other .Debentures— Ghristchurcn City , .. 4i per cent., 1932 Chiiat'cliUrcb Trams,' Gi per cent., 1934 ■ Christchuich Trams, 51 per .cent., 1944 Christchurch- Drainage* 5J per cent., 1973 .. Christohurch. Drainage, 5J per cent., 1937 N.Z: Refrig., 64 per cent., 1935 101 0 % 5 95 15 0 0 0 100 10 100 0 98 . 0 98. 0 99 0 ■4 0 p 0 0 Banks — Adelaide Australasia (cum di^.) Comm. of Aust. Comm. of Aust. (pref.) Comm. of Sydney ■ .. National ot Australasia (£5 paid) .. National of N.Z. New South Wales New Zealand Union of Aust. 8 15 0 0 13 10 5 15 0 13 10 0 4 17 0. 3 6,0 24 15 0 1 2 a 4 6 12 6 5 0 9 4 0 14 14 10 4 19 3 9 25 0 2 2 6 18 ,0 '0 0 0 6 0 0 6 0 Insurance — National <■ .. New Zealand Standard (ex div.) 0 10 1 12 1 12 76 0 0 12 1 17 2 2 6 6 0 Loan and Agency— Christchurch Building Society Dalgety and Co. Goldsbrough, Mort_ .. N.Z. Guarantee. Corpn. United Building Society (cum' div.) 7 3 1 1 0 3 0 14 0 6 6 0 12 10 7 10 1 1 0 4 0.16 0 0 8 3 0 Shipping— P. and 0. Deferred Stock. Union (pref.) .. j 3 0 .19 3 9 1 R 0 Frozen Meat— N.Z. Refrig. (£J paid) ... N.Z. Itefris (]0s paid) 0 9 0 3 G 2 0 10 0 3 0 7 Woollens— Kaiapoi (17s paid) 0 5 (V 0 8 0 Coal— Westport-Stockton lord.) 0 0 5 0 0 9 (JaSAuckland . • Ckristehureii .. '. .. Cliristchurca (10s • paid) 1 1 1 3 Oil 9 9 0 1 3 1 4 0 12 0 7 0 Breweries— New Zealand .. Staples . / •• 'Tooths 1 2 1 0 1 2 6 6 6 1 3 .1 3' 1 4 •1. 0 0 MiscellaneousAmalgamated Wireless (contr:, cum div.) .. Australian Glass Beath and Co. (prei., cum div.) j ... British Tobacco Burns, Philo Colonial Sugar Dunlop Perdriau Rubber . •• Blectro. Zinc (ord.) Electro. Zinc (pref., cunj div.) Glenmore Brick and Tile Gordon and Gotcb Henry Jones Co-op.. Kauri Timber Mt-. Lyell .. N.Z. Drug Co. Moturoa Oil N.Z. Fanners' Cu-ou. (GJ per cent. Stock, 1940) X.Z. Farmers' Co-op. (Gi per cent. Stock, . 1945) Victoria Nyanza Sugar Wilson's Cement Woolworths (N.Z.), pref., rights Wunderlicli 0 14 1 9 1 0 1 5 1 14 30 ' 0 0 10 0 12 1 0 1 3 1 4 0 7 0 19 2 6 41 10 40 0 0 14 0 2 0 6 0 5 0 0 2 7 6 3 9 9 6 8 0 0 - 0 9 0 17 0 1 11 0 1 3 6 16 0 40 0 0 0 10 6 1 1 9 015 0 16 0 0 19 10 2 7 0 05 0 47 10 0 48 0 0 110 0 0 3 9 0. 16 0 Mining— Alexander Alexander (contr.) -• Cornish Point Golden Dawn Golden Point .. King Solomon Mahakipawa Mahakipawa (pref.) Okarito VVailii Waihi Grand .Junction Blackwater Consolidated GoIdfielfU 0 10 0 0 10 0 0 0 1 0 '6 10 0 0 7 0 1 3i 0 0 2 0 0 25 0 9 4 0 16 0 0 3 6 0 5 7 oil 0 15 0 0 0 2 0 6 11 0 0 8 0 1 5J 0 0 21 0 0 3 0 9 5 0 10 6 0 sii 0 7 0 a m «1

Sales oil 'Change— N.Z. Government 5£ per cent., Inscr. 1987 Commercial Bank of Aus- ' tralia National Bank of New ZeaBank of New Zealand — New Zealand Refrigerating ■ (£l paid) . w Golden Dawn w King Sjplomou ... ( 4 ) Mahakipawa ... Okarito Sales Eeported— N.Z- Goverment, .54 per cent., Inscr. 1936 New Zealand Refrigerating (£1 paid) - ••• £ s. <1. 98 0 0 98 2 . 0 13 11 3 7 6 2 2 6 0 9 7; 0 6 10! 0 6 10# 0 1 oh 0 0 0 0 2 0 9 0 97 12 6' 0 9 9 AUCKLAND. Sales on 'Change — < Bonds, 1937, 5* P«i„ cent. Inscribcd t Stock, 1936, 5a per cent. 1937 51 percent; ,, - Auckland City, 1940, - &i per cent. Bank of Australasia ••• Bank of "New South Wales Bank of New Zealand Goldsbrougli, Mort' Waihi ••• "" Golden Dawn •• Mahakipawa Colonial Sugar 49? 17 97 10 97 17 96 10 9 4 24 17 2 2 1 1 0 16 0 7 0 0 36 0 d. 6. 0 6 0 0 6 6 9 % ' 0 % 0 WELLINGTON. Sales Reported— Consolidated Goldfields . • Commercial Bank of Australia (ord.) £ .<) 0 s. *> 13 d. 0 11 • DUNEDIN. Sale on 'Change Kilda rc Sale Reported— Tooth's Brewery £ 0 1 s. 1 2 d. 6 3

Morning Sales — . « 0. d. Bonds, 4 per cent., 1938 .. 94 13 9 Bonds, 4 per cent., 1944 .. 91 7 6 Bonds, 4 per cent., 1947 . . 91 0 0 . Mercantile Mutual Insurance 0 14 0 Tooth's Brewery .. 1 5 6 Australian Glass 1 13 6 British Tobacco .. • • - 1 1 9 o ' 6: 4| Goldsbrough, Mort 1 4 n Closing Sales— Commonwealth: Bonds, 4 per cent., 1938 M 10 0 Bonds, 4 per cent., 1941s. 7 6 , Bonds, 4 per cent., 1-944 91 8 9 Bonds, 4 per cent., 1947 •91 0 0 Bonds, per cent., 1959 91 o 6 Bonds, 4 per cent., -1950 89 0 0 National" Bank (£5 paid)' t 5 11 0 Bank of New Zealand (Sydney register) "'/'St 2 0 Goldsbrough, Mort1 4 10J Goldsbrough. Mort (X.Z. delivery) .. 1 4 10i Winchcoinbe, Carson . .. .0 19 3 Australian Glass . i ' 1 14 0 Mercantile Mutual Insurance 0 14 0 Australian Gas (A) ... ; 5 1 -0 Australian Gas (B) . . ■5' 2 0 British Tobacco .. 1 9 M Dunlop, Perdriau 0 11 7 Berlei ... .. 0 17 6. Tooth's Brewery .. I 5 -74 ;Broken Hill Proprietary . , 0 15 9 South Broken Hill .. > -■ O 7 3 Zinc Corporation 1 10 <> Sulphide Corporation • " v. 0 11 6 MELBOURNE. : ... ' ■ £ s. CI. Australian Glass .. .. 1 13 6 North Broken Hill ~3 9 rg Dunlop, Perdriau " . ; 0 11 8 Taranaki Oils .. 0 0 9

and par: — j ■ Par. ' Moh. 4. Mch; 5. Paris, fr. to £1 . 124.21 «9i 89 6-16 JTew York, dol. to £1 4.866 8.50J 3.51} Montreal,- dol. to £1 4.866 3.93 8.931 Brussels, belgue to £1 35 26.14i 25.25 Geneva, fr. to .fl SS'.m 19-124 18.20 Amsterdam, fi. (o £1 12.107 3.71* 8.75 Milan, lire to £1 .. 93.43 67g 671 Berlin reichmarken to £1 .-. 20.48. 14.75 14.80 Stockholm, kr. to £1 18.159 18.15 Copenhagen, kr. to £1 . 18.159 \8.15 18.15 Oslo, kr, to i'l .. 18.159 18 3-5 lSS-16 Vienna, schjs. to f 1 34.565 32 . 82 Prague, kr. to £1 ... mom.) (nam.) 154.26 Ii8i 1184 Helsingfors, marks to £1 ..' ... 93.35 225 225 Madrid, pesetas to £1 .. .. 24.225 451 - 46 Lisbon, escudoE to £1 * 4.50 109» -109*2 280 Athens, drach to £1 375 275 Bucharest, lei to £1 816.6 590 590 Rio de Janeiro, pence to milreis 4.986 *i Buenos Aires, pence to dol. .. 47.577 40 3-16 . 40i Montevideo, pence to dol. .. 51 304 30J Bombay, per.ee to (nom.) (nomj rupee 16 18 7-32 18 5-32 Shanghai, pence to tael .. 24i 22 31-32 22 29-32 Hons; Kong;, pence to dol. 21 17 3-32 171-32 Yokohama, pence to yen 24.86 221 . .391