THE SHARE MARKET

Evening Star, Issue 19894, 16 June 1928, Page 1

THE SHARE MARKET

DUNEDIN STOCE EXCHANGE. Tho tone of the market this week ha* been brisk, and most stocks show an upward tendency. All banks have bean freely dealt in, and Bank of New South Wales particularly show a strong advance, with buyers at £49, and no sellers quoting. Bank of New Zealands wera ex dividend this morning, with buyers at £2 19s and sellers at £3. National Insurances provided a close market, and 2d divided the buyer and seller Huddart, Parkers have firmed up owing to the settlement of th<* strike in Australia, and buyers offered £2 7s 6d, the sellers quoting £2 8s 3d. ■ West-port-Stocktons havo been dealt in at 3s, and 3s 9d was offered for the preference issue. Dalgety and Co.'e have had a strong rise, -and closed with buyers at £l4 12s 6d. The other agency stocks all showed an upward tendency. New Zealand Refrigerating Co. (fully-paid issue) also provided a close market at 18s to 13s 3d, and 8s 7d was offering for the contributing issue, with no seller quoting British Tobaccos havo improved, and the quotation was: Buyers £2 2s 6d, sellers £2 3s 3d. Dominion Rubbers have attracted some notice, buyers offering £1 83 6d this morning, and the selling quotation was £1 12s 6d. New Zealand Paper Mills improved slightly. Waihi Grand Junctions havo been fre-quently-dealt in off 'Change, and there were buyers at Is 4d and sellers at,la 6d. Electrolytic Zincs showed some improvement, with buyers of tho preference issuo at £1 13s, and of tho ordinary at £1 lis 3d. There wore buyers for most Government Debentures, the only selling quotation being for 1938 Inscribed Stock at £9B Sale Reported.—Kaiapoi Woollen (pref.), 14s 3d.. Sale on 'Change.—Wcstport-Stockton' (ord), 2s. BANKING— Australian Bank of

Commerce — 116 4 Bank of Australasia 14 13 6 — Bank of N.S.W. ... 49 0 0 — Bank of Now Zealand (ex div.) 2 19 0 3 0 0 Bank of New Zealand (Long " b," ex div.) 15 9 — Commercial Bank ... 1 9 3 19 8 Natl. Bank of N.Z 7 5 0 — Natl. Bank of Aust.... 18 3 0 — N.atl. Bank of Aust. '(cout.) ' 9 1 0 — Union Bank of Australia, Ltd 14 18 6 — INSURANCE— Natl. Insur. Co. 0 15 6 0 15 8 N.Z. Insurance Co. ... _ 2 2 3 South Brit. Insur. Co. — 3 10 Standard Insur. Co. 3 3 8 — SHIPPINGHuddart. Parker (ord.) 2 7 6 2 8 3 Huddart. Parker (pref.) ... 1 0 10 — P. and- 0. Def. Stock 233 0 0 — U.S.S. Co (pref.)'... 10 0 — COAL— Kaitangata Coal (cum div.) — 0 1 Od Westport Coal Co. ... 1 10 0 110 6 Westport-Stocktou (ord.) 0 3 0 0 3 1 Westport-Stocktou (pref.) 0 3 9 -~ LOAN AND AGENCYDalgety and Co. 14 12 6 — Goldsbrough, Mort. ... 2 10 3 211 3 National Mortgage ... 3 16 3 3 13 6 N.Z. Loan and Mercantile (ord.), cum div.) . 103 0 8 «■» Perpetual Trustees (ex div.) 3 2 0 ""» Wright, Steph. (pref.) 0 15 4 rMEAT PRESERVING— Canterbury Meat (ord;) — 9 5 0 Gear Meat Co 1 18 0 — N.Z. Refrig. (paid) 0 18 0 013 3 N.Z. Refrig: (cout.) 0 8 7 — Southland Frozen Meat (ord.) ... 1 12 6 — illSCELLANEOUSAuckland Amusement '• Park, Ltd. (ord.) ... 0 5 0 0 9 0 British Tobacco 2 2 6 2 3 3 Crystal Ico Co. — 13 6 D.l.C. (ord.) 0 10 Op — D.I.C. (pref.) 10 9 110 Dominion: Investments 12 3 — Dominion Rubber 1 8 0 1 12 6 • Donaghy's Kopc and Twino 1 12 9 — "''.. .Dunedin Stock Exchanj "O " Proprietary , — 4 0 0 Eclipse Petrol vpaid) 0 9 0 — .. Kaiapoi Woollen (ord/ — ■ 0 10 6 Kaiapoi Woollen (pref.) 0 14 0 — Milburn Limo. Cement -■; (ord.) ... ... .. — 113 C Milburn Limo, Cement (new) ... 0 10 Op 0 11 Op National Electric — 0 10 9 N.Z. Express (ord.) — 10 3 N.Z. Guarantee Corp. 0 8 6 — N.55.' Paper Mills ... 0 15 0 — Smith and Smith (pref.) — 0 17 9 Taranaki Oil 0 9 0 0 11 6 Wellington Woollen 6 5 0 (ord.) .... ... ... — Wilson's Port. Cement 1 15 6 — ,!'!i:wi;riesN.Z, Breweries, Ltd 2 0 6 2 2 0 MINING Kawarau ..._ — 0 0 7 Nokomai Sluicing — 14 0 ' Waihi 0 11 3 0 11 10 Waihi G. Junction .. 0 1 4 0 16 Elec. Zinc (pref.) ... 1 13 0 — Elec Zinc (def. ord.) 1 11 3 1 12 0 Mount Lyell (cum div.) 113 6 114 0 Molyueux Electric. ... — •' 0 10 0 tipper Nevis Mahakipav/a 0 4 9 0 2 6 0 5 9 0 2 9 .WAR BONDS' (Bondsquoted ire £100 , Bonds)— ... 19334$ p.c. L'onds ... 97 15 0 —" ' ' .1939 4J p.c. Bonds ... 97 17 6 ~~ . .1933 Si p.c. S.S Bonds "■. - ■ '. 100 '£ 6 ~« -1938 4J-- p.c Ins. . .. 97 17 698 0 0 19o9 41 p.c Inscribed 97 17 6 _ 1933 5£ p.c . S.S Ins. 100 2 6 ■"• ■ 1929 3 p.c. Insc. ... 98.10 0 ■» . 1936 51- p.c; Bonds ... 100 2 6 «-»