THE SHARE MARKET

Evening Star, Issue 19651, 2 September 1927, Page 1

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. No outstanding business was done on the Dunedin ’Change this morning. National Banks, with a buyer offering £6 15s 3d, arc inclined to harden. National Insurances arc getting close together, buyers offering 76s 3d and sellers asking 775. P, and O. Deferred Stock was wanted at £2Bl, hut the nearest selling ((note was £290. A buyer of National Mortgages came forward at 62s 9d, tho lowest selling quote being 655. Auckland Amusement Parks are firming up. This morning there was a haver of ordinal? - shares at 13s l()d, with' a •seller at 14s Cd. Buyers advanced to 28s 6d lor the Mil hum Lime and Cement old issue, hut there was no seller. The quotes lor the new issue this morning were 5s buy. 5s 6d sell. A buyer came on the market for National Electrics at 11s od, this being the first buying quote for some clays. New Zealand Breweries are inclined to firm. The mining section and the Government Loans were quiet. Quotations as under: — BANKING. Bank of New South W ales—Scl £4l "jlaiik of New Zealand— Buy 58/. Bank of New Zealand (D paid)— Buy 26/3. Commercial Bank —Buy 27/6. National Bank of New Zealand—Buy £6 15/3. , . „ National Bank of Australasia—Buy National Bank of Australasia (cent.) —Buy £8 10/• P. and 0. Banking Corporation—Buy £95/. Union Bank of Australia—Scl £ls 2/. INSURANCE. National Insurance Co.—Buy 76/3, sel 77/. South British Insurance Co.—Buy 57/9. Standard Insurance Co.—Buy 60/9. SHIPPING. Burns, Philp—Sel 38/. Huddart, Parker (ord.)— Buy 4G/G, scl 47/6. Huddart, Parker (pref.)— Buy 20/9, sel 21/3. P. and O. Deferred Stock —Buy £2Bl. sel £290. U.S.S. Co. (prof.)—Sel 20/4. COAL. Westport Coal Co. — Buy 33/, sol 33/9. AVostport-Stockton (ord.) —Sel 2/-Wcstport-Slocktoh. (prof.)—Buy 2/9. LOAN AND AGENCY. Dalgofy and Co,—Sel £l3 li/O. National Mortgage—Buy 62/9, scl 6> N : .Z. Loan and Mercantile (ord.)— Buy £9l. scl £95. Trustees, Executors—Buy 58/. MEAT PRESERVING. Gear Meat Co. (ord.) —Buy 36/9, N.Z. Refrigerating (cont.) Buy G/J, sel 6/5. MISCELLANEOUS. Auckland Amusement Park, Ltd. (ord.) —Buy 13/10. scl 14/C. D.I.C. (pref.)—Buy 20/9. Dominion Rubber Buy 38/, scl 42/6. Donaghv’.s Rope and ’Jwinc —Buy 33/9. Dunedin Stock Exchange Proprietary—Sel 90/. Eclipse Petrol (paid)—Buy o/. sel 12/6. Dominion Investments—Buy 22/. Milburu Lime and Cement—Buy 28/6. Milhiirn Lime and Cement (cont.) — Buy 5/ prein., scl 5/6 prom. | Mosgiel ’Woollen Co.—Buy £6 3/. National Electric—Buy 11/9, scl 13/6. N.Z. Drug Co.—Sol 65/. N.Z. Express (ord.) —Sel 2)/. N.Z. Paper Mills—Bnv 15/9. N.Z. Sugar of Milk—Sel 22/6. ‘Otago Daily Times’—Buy 70/, scl 75/. Wilson’s (N.Z.) Cement—Buy 31/9. BREWERIES. N.Z. Breweries. Ltd.—Buy 43/, sol 45/. N.Z. Breweries Debentures Buy 23/7. MINING. Kawarau—Buy 6d, sel lid. Nokoinai Sluicing (cont.) —Scl 32/0. Waihi—Buy 19/3. scl 20/. Electrolytic Zinc (del. ord.) —Scl 30/9 (ex div.). Kawarau High Level—Sel 16/. Molynenx Electric —Buy -0/9. Upper Nevis—Buy 24/, scl 25/6. Big Beach—Sel par. WAR BONDS. (Bonds quoted are £IOO Bands.) 1930 4J per cent Bonds—Boy £97 10/. | 1938 4.1 per cent. Bonds—So) £96 I I"/. ’ I 1933 5) poi cent. S.S. Bonds—Buy £1(10 10/. 1938 4,i per rent. Inscribed—Sol £96 ID/. | 1927 5 per cent. P.O. Bonds—Bnv I £99. 1927 5 per cent. P.O. Inscribed—Buy £99. 1936 5J per cent. Bonds—Buv £IOO in/.