THE SHARE MARKET

Evening Star, Issue 19772, 24 January 1928, Page 1

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Business si ill continues quiet on the Exchange, no transactions being recorded this morning. Market, prices, however, remained quite firm, and in several instances an upward inclination was noticeable, notably in B" .k of New South Wales and Dalgety and Co. shares. Tho former stood at £44 3 ■ last month, but buyers are now offering £47 10s, no business resulting. The latter has shown a rise of about 15s during the same period. National Bank of New Zealands were scarce, no sellers quoting. There has been liltie change in the insurance section. All shares in the Loan and Mercantile . group were being inquired for, probably as a result of the good prices ruling for primary products. There was no change in the miscellaneous section. There were still buyers for most of the Government debentures and stocks, but without selling quotations. Quotations were as under;

Buyers. Sellers. £ s. d. £ a. d. BANKING— Bank of N.S. Wales... 47 10 0 Bank of N.Z. (Long D.) 1 6 0. Bank of N.Z 2 19 3 Commercial Bank 1 9 5 Natl. Bank of N.Z. ... 6 16 0 Natl. Bank of Anst.... 17 2 0 17 5 0 Union Bank of Australia, Ltd 14 12 6 INSURANCE— National Insur. Co.... 0 IS 1 0 15 0 N.Z. Insurance Co. ... 2 1 8 Standard Insur. Go 5 2 0 SHIPPING— Adelaide Steam. Co. I 5 0 Burns, Pliilp 1 18 6 Hud., Parker (pref.) 1 0 10 P. and O. Def. Stock (ex rights) 250 0 0 245 0 0 P. and 0. Def. Stock (rights) 23 0 0 U.S.'S. Co. (pref.) 1 0 0 COAL— Westport Coal Co. ... 1 11 9 1 12 0 Westport-Stock (pref.) 0 i 6 LOAN AND AGENCY— Dalgely and Co. 13 13 0 Goldsbrough, Mort ... 2 7 0 National Mortgage ... 3 10 0 N.Z. Loan and Mcr. (ord.) ... 92 10 0 Trustees, Executors ... 3 1 0 Wright, Stephens, (ord.) 1 0 0 1 2 0 Wright, Stephens, (pref.) 0 15 0 0 16 0 MEAT PRESERVING— Canterbury Meat Co. (ord.) 8 2 6 Gear Meat Co 1 16 6 1 18 6 N.Z. Refrigerating (paid) 0 15 0 N.Z. Refrigerating cont.) 0 8 5 0 8 9 Southland Frozen Meat (ord.) 1 11 0 MISCELLANEOUS— British Tobacco 1 19 6 Brown, Ewing (pref.) 1 0 6 Bruce Wool. Co. (ord.) 0 11 0 Colonial Sugar Co. ... 54 0 0 D.I.C. (pref.) 1 0 6 1 1 6 Dominion Invest. 1 2 0 Dominion Rubber e 7 0 Donnghy's Ropo and Twine 1 13 9 Eclipse Petrol (paid) 0 10 3 Kaiapoi Wool. (ord.)... 0 8 6 Kaiapoi Wool, (pref.) 0 13 6 0 15 0 Mil. Lime and Cement (ord.) ... , 1 12 0 Mil. Lime and Cement (cont.), prem. 0 8 3 MT.eod Bros.’ Soap ... 28 0 0 N.Z. Drug Co 3 9 0 National Electric 0 11 3 N.Z. Express lord.) ... 1 0 6 N.Z. Paper Mills 0 17 6 N.Z, Sugar of Milk ... 1 1 0 ‘Olago Daily Times’ 3 11 o Wilson's Port. Cement 1 IS 3 BREWERIES— Staples's Brewery 1 19 3 Ward and Co 1 18 0 MINING— Kawaran 0 0 5 0 0 8 Nnkomai Sluicing 1 18 0 Waihi Grand Junction 0 1 3 Mount Eycll 1 ! 3 f ) Molyneux Electric 0 6 0 Upper Nevis 1 5 6 WAR BONDS (Bonds quoted are £100 Bonds)— 1930 41 p.c. Ronds 97 10 0 1938 p.c. Bonds 96 15 0 1939 4s p.c. Bonds 96 15 0 1958 41 p.c. Inscribed 96 15 0 1939 4A p.c. Inscribed 96 15 0