THE SHARE MARKET

Evening Star, Issue 21320, 26 January 1933, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE A parcel of Bank of. New South Wales shares was for sale at £3l at this rnornin°'’s meeting of the Dunedin Stock Exchange,, but there were no takers for it. The inquiry for Nationals o! New Zealand improved to £3 8s 6d, but there were no sellers. A buyer of Nationals of Australasias, came on the market at £ll 15s, and buyers of the contributing issue improved to £5 15s, without a seller quoting. Unions eased to £7 18s, without'attracting a buyer. National Insurances were wanted at 14s, and New Zealand* at £2 4s 6d. while the inquiry for Standard* was raised to £2 65,, without a seller quoting for any shares in this section. Kaitangata Coals were again asked for at 17*, ' and a seller came on the market at £l. . . Gear Meats were offered at 11s, without'a buyer quoting for them, while contributing "N.Z. Refrigerating shares were wanted at 4s, with ‘ a seller threepence away.Mosgiel Woollens were in demand at £6 16e, and M’Leod Bros, at £23. without any seller quoting for cither. N.Z. Drugs were firm' at £2 17s, and buyers rose to £2 15s 3d'for them. Smith and Smiths were also firm at, yesterday’s price, 12s being asked, with buyers offering 10s. The inquiry for N.Z. Breweries improved to £1 7s 6d, without any sellers. Tooth’s were not obtainable under £1 15s 6d, and the best buyer offered £1 14s for them. Carltons'were easier, £1 15s 6d being asked, without any buyers. There was a reported sale of Kawaraus, after which buyers reverted to yesterday’s price l of sd. Broken Hill Souths were quoted cum dividend, and were for sale at £2 5s 6d, with buyers offering £2 4s Bd. A parcel of Paddy’s Points changed hands at ; ss 7d, the market closing with a further seller at that price and a buyer at one penny less. Golden Dawns were wanted at is arid after, the call a sale was reported at that price. Big Rivers changed hands, at Is 3id. after which there was a margin of one penny, buyers .offering Is 3d, sellers asking Is 4d. Sales Reported.—Kawarau, 6d. Reported After the Call.—Golden Dawn,

DIVIDENDS DUE. Stock. Amnt. Period, Date. Commercial Bank of - Sydney 6s 3d interim .lan. 27 Union Bank 2a interim Jan. 28 (Approx.) Commercial Bank 3d interim Feb. 3 Com. Bank (pref.) 4s interim Feß. 3 N.Z. Insurance Is interim Feb. 10 (Approx.) Broken Hill South Is Feb. 10 OIL BORING OPERATIONS AT MOTUROA FIELDS A report on operations at the MbtUroa Oil Fields Ltd., for the week ended January 20, states that No. 3 well has been drilled to 1.900 ft. The Sin casing has been inserted to ].BB(jft. The formation is of mudstone containing , bands of sandstone. No. 2 well has now been cleaned out to tbo bottom and screens replaced. The tubing and pump are now being installed for resumption of'production this week.

♦s 5Ad. Sales on ’Change.—Big River, Is 34d; Paddy’s Point, 5s 7d. Quotation* as under Buyers. Sellers. £ ». d. £ s. d. BANKINGBank of New South 31 0 0 Wales -- Bank of New Zealand 2 3 0 — E.S. and A. Bank ... 4 8 0 — National Bank of .New Zealand ... , 3 8 s — National Bank of 11 15 Australasia 0 — National Bank of 5 15 0 Australasia (cont.) — Union Bank of Aus7 18 tralia - Ltd. > INSURANCENational Ins. Co. ... 0 14 n — New Zealand Ins. Co. 2 4 6 — South. British Insurance Co 2 14 0 — Standard Insur. Co. 2 6 0 — SHIPPINGHuddart, Parker 0 19 (pref.) 0 , Pi and 0. Def. Stock 0 17 0 — U.S.S.- Co. (pref.) .... 1 0 6 — COAL- : > Kaitangata Coal 0 17 1 0 (16s paid) 0 0 Westport Coal Co. ... 0 10 6 0 11 0 LOAN AND National Mortgage 0 16 (“ B/” issue) 0 — Perpetual Trustees ... 2 14 0 MEAT-PRESERVING— 1 11 0 Gear Meat Co — N.Z. Refrigerating 0 11 (paid) ... 0 — N.Z. Refrigerating ■ (cont.) 0 4 0 0 4 3 South Otago Freezing 2 10 0 — MISCELLANEOUS— Bruce Woollen Co. 0 10 0 (ord.) — Dil.C. (pref.) Doriaghy’s Rope and Twine ... — 0 19 0 1 10 0 — MilburnLime and Cement ' 6 16 1 6 0 Mosgiel Woollen Co. 0 — MM/cod Bros. ... ... 23 0 0 — 0 N.Z. Drug Co 2 15 3 2 17 N.Z. Paper Mills 1 1 4 1 1 9 Smith and Smith 0 12 (pref.) ... Wilson’s (N.Z.) Cement 0 10 1 7 0 0 0 Dominion Fertiliser ... 0 11 6 BREWERIES— 1 7 N.Z. • Breweries Ltd. 6 — Dunedin Brewery — 0 1 3 0 Tooth’s Brewery 1 14 1 15 6 Carlton Brewery ■ ... — 1 15 6 OILMoturoa — 0 3 9 — MININGKawarau 0 0 5 — 0 Waihi ... - — 1 2 Waihi Grand Junction 0 3 4 — Mount Lyell — 1 1 0 Broken Hill South (cum div.) 2 4 8 2 5 6 Broken Hill e Proprietary — 2 1 9 Mahajsipawa ... ... 0 0 0 0 4 Kildare ... ... 0 1 10 0 2 0. Okarito 0 9 1 0 9 4 Paddy’s Point 0 5 6 0 5 7 Golden Progress .., — 0 2 0 Golden Point 0 0 3 0 0 44 ■ Golden Dawn 0 4 54 — Blackwater ... — 1 1 6 Consolidated • Goldfields. — 0 9 3 Gillespie’s Beach (6d 0 1 0 0 0 10 Alexander Mines 0 14 6 0 15 6 Waitahu • (3s paid) ... 0,4 2 0 4 5 Big River NoKomai ... 0 1 0 5 . 3 7 0 14 0 5 10 WAR BONDS/(Bonds quoted are £100 Bonds.) , 1938 44 p.c. Bonds ... 9510 0 — 1939 44" p.c. Bonds ... 9510 0 — 1938 44 p.c. Ins. 9510 0 96 5 0 .1936 p.c. Bonds ... 1936 54 p.c. Inscribed 10010 0 — 100 10 0 — 1937 p.c. Bonds 101 0 (February) 0 — 1937 54 p.c. Bonds 101 0 ••(September) ... ... 1937 Sj p.c. Inscribed 0 — ’ (February) 101 0 0 — 1937 54 p.c. Inscribed (September) 101 0 0101 5 0