COMMERCIAL

Evening Star, Issue 20253, 14 August 1929, Page 7

COMMERCIAL

THE SHARE MARKET DUNEDIN STOCK EXCHANGE. A reported sale in New Zealand Bre\ cries Debentures at 28s 6d opened the ca. of the Dunedin Stock Exchange this morn inf, while Commercial Banks were sold ai 29s 6d, the quotations being: Buyer 29s 6d jeller 30s. ' Union Banks were inquired foi at £ls Is without result, and there wen no shares available in National Insurances, which found inquiry at 16s Id. A seller o Westport Coals quoted 33s 6d, but the only response was a buyer of an odd lot at 335. Australian Iron and Steels were asked fo; at 225, but the selling quote was 22s 9d Milburn Limes were on offer at 40s 3d, with a buyer prepared to give 59s 3d. Wilson's Cements again showed a close market, with the prices the same as yesterday. The buyers’ price for New Zealand Breweries was 83s 6d, with a wide seller at 84s fid. Breweries Debentures supplied a close market with a buyer at 28s 5d and a seliei at 28s 7d. Electrolytic Zinc preferenct were in demand at 39s 6d, and the ordinaryissue at 39s 3d, the sellers’ quotes being 40s 3d and 40s respectively. Mount Lyells remained steady with an inquiry at 43s and a seller 6d away. There was a buyer of Okaritos at Is 7d prera., and a seller at Is lid prem. Government Debentures presentee the usual list of buyers, the only selling quotation being for 1938 Stock at £IOO 10s. Sales reported; N.Z. Breweries Debentures, £1 8s 6d; Commercial Banks, £1 9s 6d.

[ LONDON STOCK EXCHANGE. Frees Association—By Telegraph—Copyright. LONDON, August 13. (Received August 14, at 10 a.m.) Dalgety and Co. shares, £l4 15s; Dalgety and Co. 4 per cent, debenture stock, £74.—Australian Press Associa-tion-United Service. SHEEPSKIN SALES. The Dunedin Woolbrokers and Stock Agents’ Association reports as follows: Fairly large catalogues were offered at yesterday’s sale to a full attendance of buyers. Competition was keen, and prices realised show ...a slight firming tendency on late ruling rates. The following is the range of prices Merino full wool, Hid to 11 Jd; merino half-wool to 9Jd; merino quarter-wool, 7|d to 8d; half-bred three-quarter to full wool, 13d to 14d; half-bred halfwool, Hid to 12i}d; half-bred quarterwool to lO^d: fine cross-bred threequarter to full wool, , 12Jd to 13id; fine cross-bred half-wool, IOJd to 13jd; fine cross-bred quarter-wool, 10jd to l()|d; cross-bred three-quarter to full wool. Hfd to 12id; cross-bred half-wool, 10id to HJd; cross-bred quarterwool, 10id to lid; half-bred hogget, I2id to 13d; fine cross-bred hogget, 12d to 12Jd; cross-bred hogget, llfd to 12d; half-fared dead, 10| to 12d; crossbred dead, 9|d to 103 d; lambs dead, 8 to H|d; first pelts, 9|d to lOd; second gelts, 7|d to B|d.

Quotations as under Buyer*. Seller* £ 9. d. £ ft. d BANKING— Aus. Bank of Com. 1 13 9 — Bank of Australasia 14 10 0 14 17 6 Bank of N.S.W. ... 51 7 6 52 0 0 Bank of New Zealand (Long “D”) 1 8 7 — Commercial Bank ... 1 9 6 1 10 0 E.S. and A. Bank — 8 9 0 National Bank of New Zealand — 7 0 u National Bank of Aus (cont.) — 9 15 0 Union Bank of Australia, Ltd 15.10 0 — INSURANCE— National Insurance Co. 0 16 1 — N.Z. Insurance Co. 2 8 0 South Brit. Insur. Co, — 5 8 6 SHIPPING— Huddart, Parker (ord.) 2 5 3 — Huddart, Parker (pref.) ... . 1 1 0 — P. and 0. Def. Stock 2 15 0 •— U.S.S. ; Co. (pref.) 1 c 9 —* COAL— Taupiri Coal (ord.) ... — 1 10 0 Westport, Coal Co. .. 1 13 0 1 13 0 Grey Valley — 1 7 6 LOAN AND AGENCYDalgety and Co. — 15 7 0 Goldsbrougli, .Mort .. 2 7 3 — N.Z. Loan and Mercautile (ord.) 125 U 0 — N.Z. Loan and Mercantile (pref.) 85 0 0 — Perpetual Trustees ., 5 8 0 — Trustees, Executors ... 3 0 0 — Wright, Steph. (ord.) 1 5 6 1 7 u Wright, Steph. ,pref.) 0 18 3 _ MEAT PRESERVING— N.Z. Refrigerating (cont.) 0 7 0 0 7 6 Southland Frozen Meat (cont.) — 1 1 0 MISCELLANEOUS— Auck. Amusement Park, . sLtd. (pref.) — 0 12 U Aust. Iron and Steel 1 2 0 1 2 9 British Tobacco — 2 8 6 Brown, Ewing (ord.) 1 11 0 — Brown, Ewing (pref.) 1 0 6 — Bruce Woollen Co. (ord.) 0 11 6 — Colonial Sugar Co. ... — 57 15 0 D.I.C. (ord.) 0 11 0 — D.I.C. (pref.) 1 1 3 — Dominion Rubber . 1 10 0 ? Donaghy’is Rope and Twine 1 16 0 — Dun.-Kaikorai Trams 1 14 6 — Dunlop Rubber .- 1 7 0 — Eclipse Petrol (paid) 0 16 0 — Kaiapoi Woollen (ord.) 0 14 0 0 14 6 Kaiapoi Woollen (cont.) 0 4* 10 0 5 b Kaiapoi Woollen (pref.) 0 16 3 — Kauri Timber — 0 18 b Milburn Lime and Cement (ord.) 1 19 3 2 0 3 Mosgiel Woollen Co. 7 14 0 — National Electric 0 9 6 0 10 6 N.Z. Guar. Corp, ... 0 9 2 — N.Z. Paper Mills 1 0 3 — ' N.Z. Sugar of Milk ... — 0 19 0 ‘ Otago Daily Times ’ 3 11 6 — Regent Theatre ... .. 1 6 0 — Smith and Smith (pref.) 0 19 0 — Wilson's Portland Cement 2 4 9 2 5 u Farmers’ Fertiliser ... — , 1 4 0 BREWERIES— N.Z. Breweries, Ltd. 4 3 6 4 4 9 N.Z. Breweries Debs. 1 8 5 1 8 7 S-taples’s Breewry ... 2 13 6 2 14 9 MINING— Nokomai Sluicing ... 0 15 0 — Waihi 0 12 2 0 12 6 Electrolytic Zinc (pref.) 1 19 6 2 0 a Electrolytic Zinc (def. ord.) 1 19 3 2 0 0 Mount Lyell 2 3 0 2 3 0 Kildare 0 4 10 0 5 u Okarito 0 I 7p u 1 Up Winding Creek 0 1 Op p 1 5p Ohinemuri 0 10 2 — WAR BONDS— (Bonds quoted are £100 Bonds.) 1930 p.c. Bonds 99 0 0 — 1938 4i p.c. Bonds ... 100 0 0 ' — 1939 44 p.c. Bond* ... 100 0 0 — 1935 54 p.c. S.S. Bonds 101 0 0 1938 44 p.c. Inscribed 100 0 0 100 10 0 1939 4| p.c. Insc. ... ICO 0 0 — 1935 5;T p.c. S.S. Insc. 101 2 6 — 1941 4£- p.c. Bonds ... 100 0 0 1941 5| p.c. Inscribed 99 5 0 — p.c. Bonds 101 5 0 1936 5| p,c. Inscribed 101 5 0 —