COMMERCIAL ITEMS

Dominion, Volume 16, Issue 120, 6 February 1923, Page 10

COMMERCIAL ITEMS

CELLING! ON 5xuCK EXCHANGE YESTERDAY'S BUSINESS AND PRICES Two sales of New Zealand Refrigerating shares (£1 paid) at 275. each, reported, were the only transactions recorded yesterday. There was a good demand for gilt-edged securities, but prices were practically unchanged. For tho 4| per cent. Inscribed Stock and Bonds, 1939, buyers offered £97, but for the 4| per cent, duo 1938, buyers reduced their offers by 2s. 6d. to £97. The 5 per cent. P.O. War Bonds. 1927, wero ss. higher at £97 ss. Tho oj per cents, were unchanged. Bank shares wero quiet. Bank of Australasia shares at £l3 os. exhibit- a drop of 2s. 6d. on the last recorded quotation which was on Wednesday last. Union Bank shares were up Is. Gd., buyers offering £l3 los. 6d. There were no buyers of other bank shares. National Mortgage shares wero up 2s. with buyers at £3 17s. Goldsbrough Mort and Co.’s shares were a shade weaker at £2 ss. 3d. Wellington Gas shares were very firm, but prices showtxl no variation on Saturday’s quotations. Insurance shares were .steady. Nat’onal Insurance shares were in demand at £3 12s. and Standard Insurance shares at 345. Gear Meat shares were very firm, buyers offering 38s. 6d. There were buyers of Wellington Meat Export shares (£3 12s. 6d. paid) at £2 17s. Gd. Transport shares were very firm. Buyers repeated their bids of £2 14s. Gd. and_£l for the respective issues of Huddart-Parker shares, and Union Steam preference) shares were 4d. higher at 19s. JOd. There were buyers of P. and O. Deferred Stock at £315. Coal shares were steadv. There were buyers of Westport Coal shares at £1 155., and Waipa Colliery shares at 16s. Gd. Leyland and O’Br’en Timber shares were 3d. higher at £1 15s. 3d. There were no variations in the quotations for miscellaneous shares. Yesterday’s buying and selling quotations were as under: —

AUCKLAND STOCK EXCHANGE by tblSguaph.—rntss association. Auckland, February 5. Clcaine quotations un tua Stock Exchange to-aay were:— Sellers. Buyers.

DUNEDIN STOCK EXCHANGE Dunedin, February 5. The following are the. closing quotations on the Stock Exchange to-day :— Buyers Sellers.

Buyers. Sellers. £ ». d. £ B. d. WAT? LOANS4J» p.c. Inac. Stock 1939 97 0 0 — 4i p.c. Inac. Stock 1938 97 0 0 97 10 0 5A p.c. Tnsc. Stocl 1933 ICO 5 0 100 15 0 p.c. War Bonds 1939 97 0 0 — 42 p.c.*War Bonds 1938 97 0 0 —— 55 p.c. War Honda 19.33 ICO 7 6 — 5 p.c. P.O. Bonds 1927 97 5 0 — 5 n e. P.O. Ing. Stk 1927 97 0 0 — BANKSj* uatralaaia 13 5 0 National — 6 8 0 New Zealand — 2 18 0 Union (x-d.) 13 15 6 13 17 6

FI N ANUTA LrGoldsbrough Mort ... 2 5 3 2 5 9 National Mortgage .... 3 17 0 4 0 0 Well. Trust. Loan (x-d.) 5 10 U — GASAuckland, c.d. (paid) — 1 5 4 Wellington, c.d. (£10)... It 6 0 —— Ditto (pref.) 0 16 o — Ditto (debentures) ...105 0 0 — Ditto (fractious) 0 5 5 —— INSURANCE— National 3 12 0 — New Zealand (e.d.) —• 1 8 9 Standard 1 14 0 —— MEAT FREEZING— N.Z. Refrigerating (£1) — 1 8 0 G car 1 18 6 — Well. Meat Export (£3 12s. fid.) 2 17 6 3 2 6 TRANSPORT— Adelaide Steam 10 0 — Huddart-Parker (ord.) 2 14 o —- Ditto (pref.) 10 0 Union Steam -pref.) ... 0 19 10 1 0 0 P and O. def’d. stock 315 0 0 «— COALWestport 1 15 0 1 16 0 Wai pa 0 16 6 —- TIMBER-Leyland-O’Brien 1 15 3 2 0 0 Taringamutu 1 10 o — MISCELLANEOUSC. M. Banks (ord.) .... 1 2 6 — Burns-Philp 1 11 6 — Crown Brewery 1 19 0 —— Howard-Smith 2 10 3 2 12 0 Manning 1 and Co —- 4 7 6 ScouHar Co — 1 3 b Sharland and Co. (ord. and pref.) — 1 2 3 Wairarapa Farmers — 0 17 3 Ward and Co 1 6 3 Whit-combe and Tomba 3 9 0 — Wilson’s Cement 1 2 9 1 3 3

s. d. £ s. d. BANKSAustralasia 13 2 0 13 5 0 National 6 9 0 6 7 6 New South Wales ... — 37 0 0 New Zealand 2 17 6 2 17 3 P. and O — 14 0 0 Union — 13 15 0 INSURANCE— National 3 13 0 d 11 0 New Zealand 1 8 6 1 8 1 South British 1 18 6 1 17 9 Standard 1 15 0 — FINANCIALN.Z. and River Plate I 1 0 1 0 3 Loan and Mercantile.. — 78 0 0 Ditto (pref.) — - 73 0 0 COAL— Hikurangi 0 15 0 0 12 6 Waipa — 0 16 0 GASAuckland Ditto (eontrib.) .1 5 3 15 0 15 6 15 0 Gisborne — 0 12 0 SHIPPINGDevonport Ferry 14 6 Howard-Smith ■ — 2 9 6 Hpddart-Parker 2 15 9 2 14 6 Northern Steam 0 15 3 0 13 0 Ditto (oontrib.) 0 6 6 0 5 10 Union Steani (pref.) ... — • 0 19 7 TIMBERBartholomew 1 0 6 0 16 U Leyland-O’Brien -— 1 15 0 Parker-Lamb 1 4 6 12 0 WOOLLEN— Kaiapoi — 14 9 Ditto (10b. paid) G 13 6 0 12 6 MISCELLANEOUSAbraham and Williams —- 4 4 6 Ditto (pref.) — 4 5 0 Associated Oils (con.) 0 10 6 —— Auckland Trams (prgf.) 0 19 6 0 19 1 Sugar (Australia) — 35 5 0 Ditto (Fiji) <— 10 0 0 Gear Meat 3(6 N.Z. Drug —- 2 15 0 Meredith s. Samoa 0 10 6 0 9 0 Newton King (pref.) ... .—. 0 17 0 N.Z. Express — 0 13 6 Milk Products —- 15 3 N.Z. Refrig. (contrib.) 0 15 0 0 13 9 Kauri Oils 0 10 0 —■ Ditto (contrib.) 0 3 9 •— Union OU 1 11 0 19 3 Wilson’s Cement 13 3 1 2 10 MININGMoanataiarl 0 4 3 o 5 y Walhi 1 12 6 1 12 0 Grand Junction 0 9 1 0 9 0 DEBENTURESAuckland Gas. 1932 ... —- 87 0 0 Anck. Harb. Bd., 6 n.c. Ditto (51 per cent.) ... — 103 0 0 — 95 10 0 Auckland City, 1940 ... —* 96 0 0 Ditto (51 orr cent.) ... — 99 10 0 Gisborne Sheepfariners 102 0 0 — F'lrmers' Un. Trading — 92 0 0 Wellington Gas —* 104 0 0 N.I GOVT. BONDSWf»c Loan 1930 ■— 97 0 0 Ditto (1’58) 97 7 6 97 5 0 Ditto (1959) — 97 0 0 Ditto (1927) Soldiers’ Bonds 98 0 0 97 0 0 - — ICO 10 0 N.Z. Inscribed, 1927 ... —- 97 0 0 Ditto (1989) ■ 96 5 0 Ditto (t’W 97 10 0 97 5 0 Ditto (1939) — 97 0 0 Soldiers’ Inscribed — 100 10 0

£ s. d. £ s. d. BANKSNew South AV ales 15 0 —• New Ze'aland 2 17 3 —— National 6 7 0 — —— 14 5 0 13 14 0 INSURANCE3 13 — 1 18 6 _ 1 15 i SHIPPING-Howard-Smith 2 9 0 -— Huddart-Parker (ord.) 2 14 9 2 15 b Ditto (pref.) 1 0 0 —— P. and 0. deferred ... >— 350 0 0 Union Steam (pref.) ... COAL0 19 9 N.Z. Goal Oil 0 2 6 — —. 1 1 Westport-Stoekton FINANCIAL0 4 4 0 4 9 Dalgety and Co 12 0 0 — Gold through Mort National Mortgage 2 5 .3 16 3 0 — noun and Mem (ord.i 8l> 3 0 — N.Z. and River Plate 1 0 0 — Perpetual Trusteer .... Wrisrlit, Stepheasen 1 16 6 — 0 0 17 6 MEAT FREEZINGCanterbury Meat 1 IB 0 — N.Z. Refrig, icon.) ... Southland Frozen Meat 0 14 0 0 14 9 (ord.) 1 8 0 —— MISCELLANEOUS1 7 Brown-Ewing (ord.) ... 0 — Ditto (pref.) 1 0 3 — Bruce Woollen — 1 18 0 Colonial Sugar 35 10 0 —— D.I.O. (pref.) 1 0 0 1 0 6 Dominion Rubber Dnnnchy’s Rope and — 1 0 6 Twine w 111 0 — Kaiapoi Woollen (ord.) 1 5 6 — Ditto (con.) 0 12 9 t — Ditto (pref.) Milburn Lime and 1 2 0 ‘ — Cement 1 13 6 — Mosgiel Woollen 6 12 0 — McLeod Bros.’ Soap ... 16 0 0 —— National Electric 0 19 9 1 0 6 .. . 2 17 0 N.Z. Paper Mills (ord.) 1 3 6 1 3 9 Ditto (new issue) ... "Otago Daily Times'’... 1 3 0 1 3 6 2 8 6 Pnnuan Products — 0 1 o Wilson's Cement . 1 2 10 1 3 3 MININGjRise and Shine 0 1 0 0 2 6 Waihl 1 11 0 1 12 0 Grand Junction 0 89 0 9 6 Mount Lyell W’R BONDS— 1 2 0 1 2 6 W*r Loan (1930) 97 0 0 —— nuto (1938) 97 n 0 *— Ditto (1939> 97 0 e -.- Soldiers’ Loan. (1933) ICO 15 0 —» Inscribed (1938) 97 0 0 Dii to (1939) Soldiers’ Inscribed ... 1 97 0 0 —— ion 1?. 6 —— Postal Bonds (1927) ... 97 0 0 — lose. Po“t n l (1927) 97 0 0 —— Postal (1929) 96 17 6 — Insc. Pastel (1929) ... 96 17 6 —