THE SHARE MARKET

Evening Star, Issue 19464, 24 January 1927, Page 1

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE

Four aud eleven was the amount for which four parcels of Milburn Lime and Cement (rights) were sold this morning on the call. Business was also;done in Kawaraus at 3s 9d (two). Cements closed with a penny margin, the quotes standing at 4s lid (buyer) and os (seller), while Kawaraus were still wanted at the sale price, but were not offered for sale under 3s lOd. No improvement was made to the buying offer of 6s 2d for New Zealand Refrigerating (cont.) or the selling price of 6s 4d. Both quotes for Bank of New Zealand stood at 59s 3d, but different-sized parcels were asked for and offered for sale. The banking division did not receive a great deal of attention. Only the contributing issue of Auckland Amusement Park, Ltd., was given attention, a seller of this stock asking Cs 3d premium. Brown, Ewing’s (ord.), Bruce Woollen Co., and D.T.C. (pref.) remain practically the same as last week. Sellers of New Zealand Drugs refused to come below 71s 9d. while buyers were willing to give 70s. St. Bathans still remain at a discount. Big Beach were again offered to buyers at par. One and three separated the amounts recorded for Upper Nevis. When the hammer fell 35s 3d was the highest amount offered by buyers for Westport Coals, but the sellers could not be induced to coma below SSs 9d. Sales on ’Change;—-Milburn Lime and Cement (rights), 4s lid (four); Kawarau, Ss 9d (two). Quotations as under:— BANKING. Bank of Australasia—Buy £l4 2/. Bank of New Zealand—Buy 59/3, sel 59/3 (different-sized parcels). Commercial Bank—Buy 32/9, sel 33/9; National Bank of New Zealand—Buy £7, sel £7 2/6. Union Bank of Australia—Buy £ls 7/6. INSURANCE. National Insurance Co.—Sel 75/. New Zealand Insurance Co.—Buy 37/3, sel 37/9. South British Insurance Co.—Buy 56 1, sel 57/. Standard Insurance Co.—Buy 57/, sel 58/3. SHIPPING. Huddart, Parker (ord.)—Buy 46/9, Huddart, Parker (pref.)—Buy 20/9. P. and 0. Deferred Stock—Buy £245. sel £253. U.S.S. Co. (pref.)—Buy 20/, sel 20/6. COAL. Westport Coal Co.—Buy 35/3, sel 35/9. LOAN AND AGENCY. Dnlgety and Co.—Buy £ls 5/. Goldsbrough, Mort—Buy^so/. National Mortgage—Sel 71/. Perpetual Trustees—Buy 60/. Trustees, Executors —Buy 58/. MEAT PRESERVING. New Zealand Refrigerating (paid)-* Buy 13/6, sel 14/9.. . , . New Zealand Refrigerating (cont.)— Buy 6/2, sel 6/4. MISCELLANEOUS. Auckland Amusement Park, Ltd. (cont.)-Sel 6/3 prem. Brown, Ewing (pref.)—Buy 20/6. Bruce Woollen Co. —Sel 18/. D.I.C. .(pref.)-Buy 20/6. Dominion Rubber —Sel 50/6. Donaghy’s Rope and Twine—Buy 33/6. .. Dunedin-Kaikoiai Trams—Buy 34/. Eclipse Petrol (paid)—Sel 12/6. Wilburn Lime and Cement (ex rights) —Buy 27/6, sel 30/. . Milburn Lime and Cement (rights)— Buy 4/11, sel 5/. Mosgiel Woollen Co.—Buy £G. National Electric—Sel 18/. N.Z. Drug Co.—Buy /0/, se <l/9- , N.Z. Express (ord.) —Sel 23/N.Z. Express (pref.)—Buy 1//. N.Z. Guarantee Corporation—Buy 10 Smith and Smith (pref.)— Sel 18/3. Wilson’s (N.Z.) Cement—Buy So/, sel 35/9. BREWERIES. Manning’s Brewery—Buy IS/R. N.Z. Breweries, Ltd.—Buy 51/, sel 52 m N.Z. Breweries Debentures—Buy 24/3, sel 24/9. Staples’ Brewery—Buy 3S/G. MINING. Kawarau—Buy 3/9, sel 3/10. Nokomai (cont.)— Buy 5/ prem. Waihi—Buy 17/, sel 18/. Waihi Grand Junction—Buy 1/4, sol 1/11. , , „ „. Electrolytic Zinc (pref.)—Buy 3./. Electrolytic Zinc (def. ord.)—Sel 37/6. Mount Lyell—Buy 28/1, sel 28/6 St. Bathans (A issue)—Buy 9/11 dis., sel 4/ dis. ~ , St. Bathans (B issue)—Buy 10/ dis., sel 4 1 dis. Mount Isa—Buy 33/, sel 34/6. Upper Nevis—Buy s '/ prem., sel 6/3 prem. Big Beach—Sol par.

WAR BONDS. (Bonds quoted aro £IOO Bonds.) 1930 4i per cent. Bonds—Buy £97, sel £97 12/6. 1938 ii per cent. Bonds—Sel £96 17/6. 1933 5i per cent. S.S. Bonds—Buy £lOl. 1938 4J per cent. Inscribed—Sel £99 ' 1939 4i per cent. Inscribed—Sel £96 16/. 1933 5) per cent, S.S. InscribedBuy £lOl. 1927 5 per cent. P.O. Bonds—Buy £9B.