THE SHARE MARKET

Evening Star, Issue 19002, 25 July 1925, Page 10

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. There were only two sales on ’Change this morning. Dominion Rubbers changed hands at 495, and Natural Bridge at Is 9d premium. The market in the former stock closed with buyers at 47s and sellers at 49s fid, while Natural Bridge were wanted at Is 6d premium, but no seller came below 2s. Bank of New Zealand were 'offered at 565, without attracting a buyer. National Banks wore wanted at £6 12s, without a seller. Commercial Banks were required at 30s 9d, hut sellers refused to come below 31s 3d. New Zealand Insurance bad a margin of 9d, which was too wide lor business. Dunedin and Kaikorai ’Trams were sought for without response, buyers offering 28s. In the mining quarter Waihis were in demand,at 25s (id, while sellers stood firm at 265. Kawaratis found ready buyers at 15s, but there were no sellers. Molyneux Electric advanced to Is Cd prem. in the buying quote, while, sellers refused to quit under 3s 6d prom. Government stocks came in lor very little attention, except, in the Post Office 5 per cent., where buyers offered £9B without result.

Sales on 'Change.—Dominion Rubber 495; Natural! Bridge. Is 9d prem. Sales Reported.—N.Z. Breweries (debentures), 22s fid. Quotations as under: — AIINING.

Nokomai Hydraulic—Buy 5/, sel 5/6. Waihi —Buy 25/6, sol 26/. AVo-ihi Grand Junction—Buy 1/. Electrolytic Zinc (ord.)—Buy 29/3, sel 29/9. Mount Lyell—Buy 21/4, sel 22/. Kawarnu Gold—Huy 15/St. Haitians—Buy 10/9 prem., sol 12/6 prem. BANKING.

Bank of New' South Wales—Buy £4l. Bank of New' Zealand —Sel 56/. Commercial Bank—Buy 30/9, sel 31/3. National Bank of New Zealand—Buy £6 12/. National Bank of Australasia (-cent.) —Buy £8 8/. Union Bank of Australia—Buy £l4 17/6 ‘ INSURANCE. National Insurance Co.—Sel 77/9. N.Z. Insurance Co.—Buy 34/, sol 34/9. Standard Insurance Co. —Buy"44/6, sel 47/6. SHIPPING. Huddart, Parker (ord.)— Buy 44/, sel 45/. P. and O. Deferred Stock —Buy £260. U.S.S. Co. (pref.)—Buy 19/9. COAL. N.Z. Coal and Oil—Buy 1/6. Westport Coal Co.—Buy 32/. Westport-Stock ton (ord.) —Sel 3/. Westport-Stockton (pref.)—Sel 5/. LOAN AND AGENCY. National Alortgage—Sol 75/6. N.Z. Loan and Alercantile (ord.) — Sel £96. Perpetual Trustees —Buy,. 42/6.^ Trustees, Executors—Buy 57/6. Wright, Stephenson (ord.) —Sel 28/6. ■ Wright, Stephenson (pref.)—Buy 16/3, sel 17/9. BREWERIES. N.Z. Breweries Debentures —Buy 22/3, sel 22/6. AIEAT PRESERVING. N.Z. Refrigerating (paid)—Buy 18/. N.Z. Refrigerating (cont.) —Buy 9/1. AIISCELLANEOUS. Browm, Ewing (ord.)—Buy .29/. Bruce Woollen Co. —Buy 22/0. D.I.C. (ord.) —Buy 5/6 prem. D.I.C. (pref.)—Buy 20/6. Dominion Rubber —Buy 47/, scl 49/6. Dunodin-Kaikorai Trams—Buy 28/. Dunlop Rubber—Buy 21/. Kaiapoi Woollen (ord.) —Sel 12/9. Kaiapoi Woollen (cont.) —Sel 5/. Alosgiel Woollen Co. —Sel £6 0/6. National Electric—Sel 19/. N.Z. Drug Co.—Sel 65/6. N.Z. Drug Co. (cont.) —Buy 8/6 prem. N.Z. Express (ord.) —Buy 22/9. N.Z. Hardware (ord.) —Buy 6/. N.Z. Malay Rubber (ord.)—Sel 32/6. N.Z. Paper Mills—Buy 20/9, sel 21/2. Natural Bridge—Buy 1/6 prem., sel 2/ prem. Alolynoux Electric —Buy 1/G prem., sel 3/6 prem. WAR BONDS. (Bonds quoted are £IOO Bonds.) 1930 per cent. Bonds—Buy £97. 1933 51 per cent. S.S. Bonds —Buy £3Ol. 1933 51 per cent. S.S. Inscribed— Sel £lol'7/6. 1927 5 per cent. P.O. Bonds—Buy £9B. 1927 5 per cent, P.. 0. Inscribed—Buy £9B. 1929 5 per cent. P.O. Inscribed—Buy £9B. 1927-11 5\ per cent. .Inscribed—Buy £9B.

thf. trustee who never dibs.

The foremost, consideration that should be kept in mind when making your wolf is this; If it n individual be appointed as your trustee, you have no assurance as to who eventually may administer your estate. The individual trustee may die, and his executor, in whom you may have no confidence,m! \y become your executor. On the other hand, if you appoint The Trustees, Executors, and Agency Company 0 f Now Zealand, Ltd., to be the trustee of vour will, you may rest assured that the company will administer the trusts of your will and carry out your wishes in every respect, no matter who may uie in the interim. It is tins feature of permanency, in addition to their skill and knowledge, that commends The Trustees, Executors, and Agency Company to prudent, far-seeing persons who have property to bequeath or dependents to consider. Risk and uncertainty are eliminated. Address; The Trustees, Executors’ Building, corner Bond and Water streets.— [Advt]