THE SHARE MARKET

Evening Star, Issue 19764, 14 January 1928, Page 10

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. The Stock -Exchange- opened quietly for the new year locally, not a great deal of business being transacted on 'Change. Transactions have taken place off ’Change at slightly enhanced prices in comparison with those ruling at the close of last year. Bank of New South Wales sold as high as £46 2s 6d, buyers offering £45 17s 6d, with no sellers. Bank of New Zealand were as high as 59s 4d, the quotations this morning being buyers 595, sellers 59s 6d, Commercial Banks showed no change. The sales were as high as 29s 9cl. National Bank of New Zealand shares were easier, buyers offering £6 14s, with no sellers. Buyers offered £l7 Is tor the National Bank of Australasia, with no selling quotations. For contributing issues buyers offered £3 9s. Union Bank of Australia improved to buyers £l4 11s 6d, wdth no selling quotations. National Insurances were inclined (o bo easier, buyers offering 15s 3d, sellers 15s 9d. New Zealand Insurances advanced to buyers at 41s, with sellers 9d away. Huddart, Parker'buyers offered 495, with no sellers. At the end of last year buyers were 47s 6d, sellers 48s 3d. Buyers of Huddart, Parker preference advanced to 21s, with no sellers. P. and 0. new stock is selling at £33 premium, no buyers quoting. Westport Coal Company buyers were at 31s 6d, with the lowest seller at 32s 6d. Dalgcty and Co. prices were inclined to harden, buyers offering 13s 4d, sellers 13s 6d. National Mortgage buyers olfcred 71s 6d, with no sellers under 755. Now Zealand Refrigerating shares advanced during the week to buyers at 17s 6d, sellers at 18s. For the contributing issue buyers offered 8s lOd, sellers 8s Id. This company is paying a 7J- per cent, dividend for the year. Last year no dividend was declared. Milburn Lime and Cement shares were steady, with buyers round obout 32s 4d. For the new issue 8s 4d was offered, with no apparent sellers. Now Zealand Drug buyers were offering 68s 6d, with no selling quotations. Wilson's (N.Z.) Cement bad a reported sain of 38s, wilh buyers prepared (o give 37s 6d for further parcels and no selers under 39s 6(1. New Zealand Brewery Debentures had a reported sale of 23s 3d, buyers offering 23s for further parcels and no sellers under 25s 4d. Upper Nevis prices improved to buyers 235, sellers 275, as against 21s and 25s at the end of last year. This dredge is now working three shifts, and, according to all reports, is a very solid structure and is working well. There have not been many quotations during the week for Government loans, with no sellers disclosed for any of the issues.

Sales Reported.—S'./. Breweries (debs.), 25s sd; Wilson's Cement, 38s. Qtiofn lions were as under; Buyers Sellers. £ s. d. £ s. d.

IMPLICIT TRUST AND CONFIDENCE. The person or company you appoint to bo the trustee of your will must bo capable of meriting your implicit trust and confidence. His character, standing, ability, and record must be beyond reproach. It is because the “Trustees, Executors” fulfils these requirements better than anyone else that scores of successful men have appointed this company to be their trustees and executors. The fact that the company has over £3,000,000 in its administration is some evidence of the confidence reposed in it by the owners of valuable cstiitcs • Investigation of its record and history, its directorate and management, convinces one that hero is the ideal trustee company—capable, experienced, and reliable in every respect. The Trustees, Executors, and Agency Co. of N.Z., Ltd., corner Bond and Water streets, Dunedin. —[Advt.]

BANKING — Bank of Australasia 14 11 0 Bank of N.S.W. ... 45 17 6 Bank of N.Z 2 19 0 2 19 6 Bank of N.Z. {long D) 1 6 0 Commercial Bank 1 9 0 1 9 9 Nat. Bank of N.Z. ... 6 14 0 Natnl. Bank of A list. 17 1 0 National Bank of Australasia (cont.) 8 9 0 Union Bank of And. 14 11 6 INSURANCE— National Insnr. ... 0 15 3 n is p N.Z. Insurance Co. ... 2 1 0 2 1 9 SHIPPING— Adelaide Sleatn. • On 1 0 Burrs, I’liilp 1 17 fi Hnddart, Barker lord.) 2 9 n Hud., Parker (pref.) ... 1 1 0 P. rind 0. Deferred Slock (ex rights) ... 240 0 0 I’, mid 0. Deferred • Stock (rights) 38 0 0 U.S.S. Co. (nref.) ... 1 0 0 •1 0 2 COALKaitangala Coal (dist.) 0 2 0 AA'estport Coal Co. ... 1 11 6 1 12 6 WcslporCSlock. (nrd.) 0 1 8 AVcstport-Slbck. (pref.) 0 3 6 LOAN AND AGENCY— Dalgcty and Co. 0 13 4 0 13 6 National Mortgage ... 5 11 6 3 15 0 Trustees, Executors ... 3 0 0 AVright, Slepli. (pref.) 0 15 0 0 15 9 51 EAT PRESERVING— N.Z. Refrigerating (paid) 0 17 6 0 18 0 N ,Z. Refrigerating (cont.) 0 8 10 0 9 1 MISCELLANEOUS— Auckland Amusement Park. Ltd. (pref.) ... 1 1 0 British Tobacco 2 0 0 Crystal Ice Co 0 18 0 D.I.C. (ord.), prem ... 0 9 0 D.I.C. (pref.) 1 0 6 Dominion Invest. 1 10 0 Dominion Rubber 2 3 0 ■2 7 0 Donagby's Rope and Twine 1 13 9 Eclipse Petrol (paid) ... 0 10 3 Kaiapoi AA r oo!len (ord.) 0 8 6 Kaiapoi AA r ool. (prof.) 0 13 6 0 14 9 5111. Lime and Cement lord.) 1 12 4 Mil. Lime and Cement (cont., prem 0 8 3 National Electric 0 10 6 0 12 6 N.Z. Drug Co. 3 8 6 N.Z. Express (ord.) ... 1 0 6 N.Z. Guar. Corp. ... n 9 0 N.Z. Paper Alills 0 17 6 ‘Otago Daily Tin>e6’ 3 11 0 3 16 0 AA'ilson's Pori. Com. 1 17 6 1 18 6 BREAVERTESN.Z. Breweries. Ltd. (shaves, ex dir.) ... 2 3 0 N.Z. Breweries Debs. 1 3 0 1 5 4 MINING— AA'aibi o n 0 0 11 9 AAMilii Grand Junction 0 1 6 Alount Lyell i 7 3 1 8 0 Upper Nevis i 3 0 1 7 0 Big Beach 1 0 0 AVAR BONDS (Bonds quoted are £100 Bonds) — 1930 4i p.c. Bonds 97 10 0 1938 4), p.c. Bonds 96 15 0 1959 4£ p.c. Bonds 96 15 0 1929 5 p.o. P.O. Into. 98 5 0 19415i p.c. Inscribed 98 5 0 1930 51 p.c. Bonds 98 5 0