COMMERCIAL

Evening Star, Issue 20322, 2 November 1929, Page 13

COMMERCIAL

THE SHARE MARKET DUNEDIN STOCK EXCHANGE. The reduction of the bank rata in London was reflected on the local_ share market this morning, a slightly improved tone being noticeable in many of the stocks. In the banking section buyers predominated, while a late sale was reported in Commercial Banks at 27s Id, as against 25s 6d recorded the other day. There were no sellers of these shares at the call,where buyers offered 275. Gear Meats came in for a little attention again, there being buyers at 43s 6d and sellers at 44s 6d. Mount Lyells improved, slightly, buyers offering 40s 6d without sellers, while a late sale was reported at £2 Is 6d. Kildares have come into their own again, and after a. sale at 3s 6d there were further buyers at the same figure, but no sellers under 3s Bd. Sales reported;—Kaiapoi (cont.), 3s 10d. Late sales: Mount Lyell, £2 Is fid; Commercial Bank, £1 7s Id.. Sale on ’Change:—Kildare, 3s 6d. Quotations a« under.— Buyers. Sellers. £ s. d. £ s. d.

BANKING— Australian Bank of Commerce ■ 111 0 Bank of N.S.W. ... 47 0 0 — Bank of N.Z 2 19 9 — Bank of New Zealand . Long “ D ” 1 8 6 — Commercial Bank ... 1 7 0 — Commercial Bank of Sydney National Bank of 23 10 0 New Zealand 6 13 0 6 15 0 Union Bank of Australia, Ltd - — 14 12 0 INSURANCE— National Insur. Co. (cum) 0 16 5 0 16 9 N.Z. Insurance Co, - 2 6 6 SHIPPING— Huddart, Parker (pref.) ... ... ... 1 0 8 — P, and C\, Deferred Stock (cum) 2 14 0 3 0 0 U.S.S. Co. (pref.) 1 0 9 — COAL— Kaitaugata Coal 0 9 Od Westport Coal Co. ... 1 14 G . Westpprt-Stockton (ord.) , ... ... ... 1 13 6 1 14 6 LOAN AND AGENCY— Dalgety and Co. ... 13 1.5 0 Goldsbrougb, Mort ' 2 3 6 — National Mortgage . 4 f) 6 Perpetual Trustees ... 3 8 0 — Trustees, Executors ... 5 O' 0 — MEAT PRESERVING— Gear Meat Co. ... „. 2 5 6 2 ■4 6 N.Z Refrigerating (cent.) ... 0 5 10 0 6 0 South Otago Freezing 3 0 0 3, 15 0 MISCELLANEOUS— British Tobacco 2 3 6 Brown, Ewing (ord.) 1 10 3 Brown, Ewing (pref.) 1 0 6 Bruce Woollen Co. (ord.) . — 0 12 6 Colonial Sugar Co. (cum.) 53 10 0 — D.I.C. (ord., ex div.) 0 18 Op — D.I.C. (pref., ex div.) 1 1 0 — Dominion Rubber ... 1 6 0 Kaiapoi Woollen (ord.) ... . 0 12 6 —• Kaiapoi Woollen (cont.) 0 5 9 0 4 2 Kaiapoi Woollen (pref.) 0 U 6 — Milburn Limo and Cement (ord.) — 1 17 9 N.Z. Drug Co. .— 3 14 6 N.Z. Guarantee Corn. — 0 9 6 N.Z. Paper Mills (cum) 1 0 0 — ' Otago Daily Times * — 3 13 0 Smith and Smith (pref.) 0 19 6 Farmers’ Fertilisers -— 1 2 6 Auckland Gas ... 1 4 6 1 5 *5 BREWERIES— N.Z. Breweries, Ltd, — 4 9 6 Dunedin Brewery ... — 1 14 0 MINING— Waihi (ex) ... *-• 0 12 4 — Electrolytic Zinc (pref.) 1 13 6 — Mount Lyell ... ... 2 0 6 — Stoney Creek — .0 0 5p Big Beach ... ... 0 4 0 0 5 0 Kildare 0 3 6 0 5 8 Okarito ... 0 1 Op 0 1 9p Winding Creek 0 0 8p — Winding Creek (paid) . — 0 1 9 Ohinemuri 0 9 9 — WAR BONDS (Bonds quoted ire £100 Bonds)— 1938 4A p.c. Bonds 100 0 0 1939 4£ p.c. Bonds ... 100 0 0 1938 4A p.c. Inscribed 100 0 0 — 1939 44 p.c. Inscribed 100 0 0 1941 p.c. Bonds ... 100 0 0 — 1941 5i p.c. Inscribed 99 5 0 — 1933 5i p.c. Bonds ... 99 10 0 1933 5| p.c. Inscribed 99 10 0 —