THE SHARE MARKET

Evening Star, Issue 19637, 17 August 1927, Page 2

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. A sale of Upper Nevis shares was transacted on ’Change this morning at 255, and this is conspicuous in a long list of mining (jiiotntions. There was a reported sale of Colonial Sugars are 101 l lls fid. Very few transactions with these shares take place. Although there werei a largo number of selling quotes in, the hanking section, the market is practically the same as it has been for sumo time past. Tho same applies In the insurance section. .Breweries <1 id not eoiuo in for much at tent ion this morning. Kawarans had buyers offering Get and sellers coining into the market at lid. There is a wide margin. in Molyneux Electrics, doubtless due to buyers awaiting the. results of the opening of tho Kawarau gates and its ultimate effect on the level of the liver below Alexandra. There were more sellers than buyers in the Govcrnnient Bonds sect ion. Owing t o the lowprice of metal in Condon Australian mining shares are quiet. Sale reported:—Colonial Sugar, £'s2 2s Gd. Sale on ’Change:—Upper Nevis, 255. Quotations as under : BANKING. Bank of New South Wales —Set £45 5/. Bank of New Zealand—Buy 08/, sel 53/:i. Commercial Bank —Buy 27 /9, sol 23/ G. ITS. and A. Bank (new) —Buy 30/ prem. National Bank of New Zealand— Sel £6 30/. National Bank of Australasia—Buy £l7, sel £l7 5/. P. and 0. Banking Corporation—Scl £ll 5/. Union Bank of Australia —Scl £ls 2/. INSURANCE. National insurance. Co.—Buy 77/, scl SO/. New Zealand Insurance Co. Buy 39/0. Standard Insurance Co.—Buy 60/. SHIPPING'. Hnddail, Parker (prof.)—Buy 20/0. scl ‘2l Jd. P. and O. Deferred Stock Buy £373, sel £2S7. U.S.S. Co. (prof.)—Scl 20/4. COAL. Westport Coal Co.—Scl 33/0. LOAN AND AGENCY. Dalgcty and Co.—Scl £l4. Dalgcty and Co. (now)—Sel 70/ prom. Goldsbrough, Mort—Scl 45/6. Goldsbrough, Mort (rights)—Buy 8/9. N.Z. Loan and Mercantile (ord.) Buy £9O. Perpetual Trustees —Buy 01/. Trustees, Executors— Buy AS/. Wright, Stephenson (prei.) Buy 1.5/9, sel 1(1/0. MEAT PRESERVING. N.Z. Refrigerating (paid)—Scl 10/3. N.Z. Refrigerating (cent.)— Buy (1/5, set (5/3. MISCELLANEOUS. Auckland Amusement Park, Lid. (ord.)-- Buy 12/6. . British Tobacco -Buy ;>!/!). D.I.C. (ord.) —Buy 8/6 prem., scl 10/G prem. D.I.C. (prcf.V-liny 2H/9. Dominion Rubber—Buy 33/, sel -12/G. Kauri Timber- -Buy 23/fi. Dominion Investinenfs— Bnv 21/. Milburn Lime and Cement —Buy 26/9. Milburn Limo and Cement (new) Buy 3/2 prem. Mosgicl Woollen Co.— Buy £6 3/. National Electric—Sel .13/(1. N.Z. Drug Co. (£2 paid)—Sel 64/6. N.Z. Drug Co. (new)—Sel (14/G. N.Z. Express (ord.)—Sol 21/. N.Z. Paper -Mills—Buy 15/9, sel 16/6. ‘Otago Daily Times’—Buy A)/, scl 78/. Wilson’s (N.Z.) Cement—Buy 34/u. scl 35 1 . BREWERIES. N.Z. Breweries, Ltd. —Scl 43/3. N.Z. Breweries Debentures Buy 23/G. MINING. Kawarau —Buy fid, sel ltd. Eleetrohtio Zinc (def. ord.) Sol 32/3. Mount Lyell—Sel 23/3. Kawarau"High Level- Sel .13/. Molvneux Electric—Buy .11/3, sel 17/6. " Mount Isa- Sd 23/. Albumin—Sel 4/. Upper Nevis—Buy 24/19, *<»l 2-V. WAR BONDS. (Bonds quoted are £IOO Bonds.) 1930 4J per cent. Bonds—Buy £97 10/. 193% per cent. Bonds —Sel £96 15/. 1939 44 per cent. Bonds—feel £96 15/. 1938 4) per cent. Inscribed—Sel £96 15/. 1939 4| per cent. Inscribed—Sel £96 15/. 1933 5.1 per cent. S.S. Inscribed —Sol £101) 17/6. 1029 5 per cent. P.O. Inscribed—Buy £9B 5/. 1936 5.1 oer cent. Inscribed—Sel £IOO is/.: