THE SHARE MARKET

Evening Star, Issue 18809, 6 December 1924, Page 10

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Waihi had the only sale, this morning. Goldsbr'ongh, Mort (new and old) buyers have raised their prices. Colonial Sugar buyers quoted £44. Sales on ’Change. —Waihi, 265. Quotations as under:— MINING. Waihi —Sol 26 3, 26/. Electrolytic. Zinc (pref.)—Buy 27/6, Electrolytic, Zinc (del. ord.}—Buy 24/11, 501'25/3. ■Mount Lyell—Buy 22/6, sel 24/. Kawnrau Gold—Buy 19/6, sel 20/3. BANKING. Bank of Australasia—Buy' £ls 6/6. Bank of New South Wales—Buy £4O. Bank of New Zealand—Buy 61/6, sel 62/. National Bank of New Zealand—Buy £6 14/6. Union Bank of Australia (old) —Buy £l4. Union Bank of Australia (new)—Buy £l3 15/. INSURANCE. National Insurance Go.—Sel 70/6. N.Z. Insurance Co.—Buy 29/10. Smith British Insurance Co. —Buy 43/9. Standard Insurance Co.—Sel 42/. SHIPPING. Howard Smith —Sel 35/. Tluddart, Parker (ord.)— Buy 43/3, sel 45/9. Huddart, Parker (pref.)—Buy 20/, sel 20/6. P. and 0. Deferred Stock—Buv £305, sel £320. U.S.S. Co. (pref.)—Buy 20/3. COAL. N.Z. Coal and Oil—Buy 3/9, sel 5/. Westport Coal Co.—Buy 33/9, sol 54/3. Westport-Stockton (ord.)—Buv 2/6, sel 3/6. Westport-Stockton (pref.)—So! 6/. LOAN AND AGENCY. Dslgety and Co. —Buy £ls 15/. Golasbrough, Mort (old) —Buy 49/9. Goldshrough, Mort (new)—Buy 49/. National Mortgage—Buy 78/. N.Z. Loan and Mercantile (ord.)—Sel £97. Perpetual Trustees—Buy 40/. BREWERIES. N.Z. Breweries, Ltd.—Buy 27/6, sel 28/6. N.Z. Breweries Debentures—Buy 21/9, sel 22/. MEAT PRESERVING. Gear Meat Co. (ord.)' —Buy 50/. N.Z. Refrigerating (paid)—Buy 22/, sel 2Oy O. N.Z, Refrigerating (cont.) —Buy 11/7, sel 11/9 MISCELLANEOUS. Brown, Ewing (ord.)—Buy 28/. Brown, Ewing (pref.)—Buy 20/. Bruce Woollen Co.—Buy 20/. Colonial Sugar Co.—Buy £44. D. 1.0. (ord.) —Buy 4/5 prem. D.I.C. (pref.)—Buy 20/6, sel 20/9. Dental and Medical Supplies—Sel 20/. Dominion Rubber—Buy 20/7, scl 21/. Dunedin-Kaikorai Trams—Buy 27/6. Kaiapoi Woollen (ord.)—Buy 14/6, sel 16/. Kaiapoi Woollen (cont.) —Sel 7/. Milburn Lime and Cement—Sel 36/. M'Leod Bros.’ Soap—Buy £ls. National Electric —Buy 19/6, sel 21/. N.Z. Drug Go.—Buy 52/6. N.Z. Drug Co. (rights)—Buy 4/6, sel 5/3. N.Z. Express (ord.) —Scl 18/3. N.Z. Express Co. (pref.)—Sel 17/6. N.Z. Hardware (ora.) —Buy 5/, sel 7/9. N.Z. Hardware (pref.) —-Buy 17/6. N.Z. Malay Rubber (ord.)—Buy 12/6. N.Z. Malay Rubber (pref.)—Buy 20/. N.Z. Paper Mills—Sel 22/. ‘ Otago Daily Times ’ —Buy 70/. Smith and Smith ((prcf.j— Sel 19/. British Tobacco —Buy 45/.

WAR BONDS. (Bonds quoted are £IOO Bonds.) 1950 4£ per cent. Ronds —Buy £97 5/. 1958 4A per cent. Bonds—Sol £97 15/. 1935 51, per cent. S.S. Bonds—Sol £lOl IQ/. 1927 5 per cent. P.O. Bonds —Sel £97 17/6. 1927-41 5' f per cent. Inscribed—Scl £97 17/6. TRUSTEE ADMINISTRATION. A SIGNIFICANT DISCLOSURE. It is interesting to compare the cost of running The Trustees, Executors, and Agency Company of N.Z,. Ltd., with that of other trustee institutions. An eminent critic, commenting on this phase of trustee management, supplies the following (able, showing the relative percentage of expenses of three trustee concerns: The Trustees, Executors, and Agency Co. of N.Z., LU. .179 Two other institutions ... .900 and .512 .179 is th» lowest percentage iu Australasia, -Such a comparison speaks volumes for the methods and system followed by -‘The Trustees. Executors.’' Economy, wilh efficiency, is characteristic of this old-established trustee company. When, you entrust the administration of your ectato to this company you can depend upon its being controlled in the best, interests of the beneficiaries—waste and extravagance will he avoided. You also know that, every penny of tho interest earned is credited to the estate. Address: The Trustees, Executors’ Building, comer Bond and Water streets, Dunedin.— [Advt.]