COMMERCE AND MINING

New Zealand Times, Volume L, Issue 11437, 6 February 1923, Page 10

COMMERCE AND MINING

THE STOCK EXCHANGE TWO SALES REPORTED A QUIET AND FIRM MARKET. Two sales* were reported on the Stock Exchange yesterday, when two lots of New Zealand Refrigerating shares changed hands at Xt 7s t>d. No mining quotation appeared on the list, but guteilged securities are again in excellent ilemand. Ail quotations of this class ure firm, and out of eight lots only two sellers have come forward. There were four bank* receiving: attention yesterday, and tlie buyers wunting Australasians at £l3 .is are -s 6d below the last quotation on January 3lst. Nationals are unchanged. anti New Zealand sellers have risen. Jd, making jfti' 16s. Union sellers hhow no change at £l3 17s 6d, but buyers have increased Is 6d» making £l3 15s 6cl. Interest in financial companies has waned a little during the last few days, and yesterday only three lots were quoted. Ooldsbrough Mortgages have dropped 3c! with buyers and 9d with sellers, while other quotations are firm. Gas shares are unchanged, and insurances are receiving little attention. Meat shares are a centre of attraction at preKent, and Gears are quoted at the excellent price of £1 18s 6d. Transport® are a little easier all round, while no quotations appear on the market. There is a fair demand for both coal and timber shares, which are still at good prices, and miscellaneous companies are still receiving good attention at firm prices. Altogether the market 6howe very nttlo change, and prices all round are firm, although yesterday was a quiet day.

WEUINSTON EXCHANGE MONDAY'S QUOTATIONS. (3.15 p.m. Call.) Prices of investment and mining stocks resterday were as follow j—• „ Buyers. Sellers, a. d JB s. d.

AUCKLAND STOCK EXCHANGE

J.ATOST QUOTATIONS. rin PRESS' ASSOCIATION. AUCKLAND, February ft.

HALTS TN OTHER CENTRES. rPK 7BEH. ASSOCIATION J ' AUCKLAND, February 5. Pnlex ro|>orted.—Union Bunk. .£l3 17s. Hales; Wav laran (19:18). £97 ss: National Bank, £6 8s; Union Bank, £l3 17s; Northern Steam, 13a 3tL; Associated Oil

(contr.), • 19s 6d ; Wilson’s Cement, 23a; Waihi, 32a. DUNEDIN, February 5. Sale on ’Change. Hudilart-Parker (ord.), 555. CHRISTCHURCH, February 5. Sales reported.—Government 44 per cent. Bonds, £97 2s 6d; South British Insurance, 38s; Goldsbrough Mort, 45s ,9d; Christchurch Gas (cum div.), £8 ss; Burns, Philp, 32s 3d; Muson, Strutters (£1 paid), 23s 9d. Sales on ’Change.—Manning and Co., 4s sd; Electrolytic Zinc (pref.), 29s 3d. Sales reported : Huddart-Parker, £2 15s 3d; Milburn Lime, £1 14s 3d; Mason, Strutters, £1 3s 9d; New Zealand Papet Mills. £1 3s 6.1. £1 3s 9(1; "Waihi, £1 12s, £1 12s 3d; Electrolytic Zinc (pref.), £1 9s 3d. Sales on 'Change: New Zealand Refrigerating (cum. div.), £1 7a (tw.o parcels) ; Kaiapoi Woollen, 12s 9d. PRICE OF CEMENT lly Telegraph.—Press Assn.—Copyright. MELBOURNE, February 3. Tho Australian Portland Cr-ment Company has announced a reduction of prices by 2s per barrel. .

MinlTipNo quotations War loons— _ Inscribed Stock (1939) 97 0 0 - Inscribed Stock (1938) 97 0 0 97 10 Inscribed Stock (1933) 100 o 0 War Bonds il939) 97 0 0 — War Bonds (1938) 97 0 0 War Bonds (1933) 100 7 5 P.O. Bonds (1927) 97 5 0 — P.O. Ius. Stock (1927) 97 0 0 lianas— Australasia * 18 5 « - 6 National — 6 8 — 2 18 Union « 13 16 6 tI3 17 6 "Financial— Goldebrough Mort ... 2 5 3 2 5 9 National Mortgage ... 3 17 0 4 0 fWn Trust and Loan 5 10 0 — Gas— Auckland (paid) — n 5 4 Wellington (A10) *11 6 o — Wellington (pref.) 0 16 0 — Wn. Debentures 105 0 0 — Wellington (fractions) 0 5 5 — Insurance — National 3 12 0 9 New Zealand — •1 8 Standard 1 14 0 — Meat Preserving— N.Z. Refrig. (£1) — 1 8 0 Gear Wn. Meat Export (£3 1 18 6 2 17 6 6 13s 6d) Transport— S 2 Adelaide Steam 10 0 — ltiuldart-Parker (ord.) 2 14 6 -— Huddart-Parker (pref.) 10 0 — Union Steam (pref.) 0 19 10 1 0 0 P. and O. Def'd Stock 315 0 0 — Coat— Westport 1 15 0 1 16 0 Waipa 0 16 6 Timber — Leyland O’Brien 1 15 8 a o 0 Taringamutu 1 10 6 — M t seel 1 aneous— C. M. Banks (ord.) 12 6 — Burns Philp 1 11 « — Crown Brewery 1 19 0 — Howard Smith 2 10 S 2 12 0 Manning and Co — 4 7 6 Scoullar and Co — 1 3 6 Sharland A Co. (ord.) — 1 2 3 Sharland A Co. (pref.) — 1 2 3 W.F.C.A. (pref.) — 0 17 3 16 3 Whitcombe A Tombs 3 9 0 — Wilson’s Cement 12 9 1 8 3 *Cum div. tF.'x div. Sate* reported; —Two lots of New Zealand Refrigerating shares, at JD1 7s. DUNEDIN SHARE MARKET market quotations. VJLN f’H£S8 ASSOC! A TIO.*. DUNEDIN. February 5. Buyer*. sellers i! s. d. £ s. d. BanR*~ New South Walee 36 15 0 National - 6 7 0 _ P. and O ". — 14 5 0 Union 13 14 0 " National _ 3 13 6 South British — 1 18 6 Standard Shipping— 1 15 3 Howard Smith .... 2 9 0 Huddart-Parker Ard.) 2 14 9 2 15 6 H uddarfc-Parker ipref j 1 0 0 — 1’. and O (deferred 330 0 Union Steam (pref.) .. 0 19 9i. oa l — New Zealand Coal and Oil 0 2« Westport — 1 16 0 Westport-Stockton 0 4 4 0 4 9 Dalgety 12 0 0 • _ Ooldsbrough Mort 2 5a National Mortgage .. Loan and Mercantile 3 16 0 lord) 80 9 0 New Zealand and River Plate Porpetual Trustees .. W nrht-Stephenson (ord.) 10 0 1 16 6 16 9 \V right-Stephcnaon Ipref-) ... •0 17 6 Canterbury Meat N.Z. Refrigerating 1 18 0 (cent.) 0 14 0 0 14 9 Southland Frozen Meat (ord.) 18 0 Brown, Ewing (ord.).. 1 7 0 Brown Ewing (pref.)... I 0 3 Brnce Woollen — 1 18 0 Colonial Sugar 35 10 0 D.l.C. (ord.) o a 3 D.I.C. (pref.) 10 0 1 0 6 Dominion Rubber 1 0 6 Donaghy'e Rope 1 11 0 Kaiapoi' Woollen lord.) Kaiapoi Woollen 1 5 0 - front.) Kaiapoi Woollen 0 12 9 (pref.) Milburn Lime and 1 2 0 1 13 6 0 12 0 16 i) n Moegiel Woollen Mcurod Soap - National Klectrio 0 19 9 1 0 6 N.Z. Drug 2 17 0 N.Z. Puper Mills (ord. N.Z. Paper Mills (now 13 6 1 3 9 issue) 1 3 0 1 3 6 "Ota«<> Daily Time*’’ Papuan Product* 2 8 6 0 1 3 Wilson's Cement 1 2 10 1 3 3 Mining— Rise and Shine 0 10 0 2 6 Wuihi 1 11 0 1 12 0 Grand Junction 0 8 9 0 9 6 Mount Lyell 1 2 0 1 2 6 War Bowls — 1930 97 0 0 1938 97 0 0 1939 is* 97 0 0 Soldier*’ Bond* iVJ93> 100 13 0 w Inscribed Stock— 1938 97 0 0 193!) 97 0 O — Foldiere’ In“C. Stock IDO 12 6 — Postal Bonds H927' 97 0 0 — Postal Tne. Stock 11927) 97 0 0 — Postal In*. Stock <192T) 96 17 6 —

Buyers. Sellers. .£ 8. d. Jf! s. d. Bank*— 13 2 0 13 5 0 National 6 7 6 6 9 0 New South Wales 37 0 0 — 2 17 3 2 17 6 14 0 0 13 15 0 Insurance— 3 11 0 3 13 0 New Zealand 1 8 1 1 8 6 Insurances— South British 1 17 9 1 18 6 1 15 0 Miscellaneous — 0 Rivor Plate 1 0 3 t X Loan and Mercantile Loan and Mercantile 78 0 0 ipref.) <k>al— 73 0 0 0 15 0 12 6 0 Waipa 0 16 0 — Gaa-^ Auckland 1 5 ft 1 5 3 Auckland (cont.) 1 5 0 1 5 6 Gisborne 0 12 0 — Shipping— Devon port Ferry 1 4 6 2 9 6 Huddart-Parker 2 14 6 2 15 9 Northern Steam 0 13 0 0 13 3 Northern St cam (cont.) 0 5 10 .0 6 6 Union (prcf ) 0 19 7 ’ ~ Timber— 0 16 0 1 0 6 Lcyland O’Brien 1 15 0 M iscel lanooue— Parker Lamb 1 2 0 1 4 6 Kaiapoi Woollen Kaiapol 'Woollen (lOa 1 4 9 ~~ paid) 0 12 6 9 13 6 Abraham A Williams 4 4 6 w Abraham and Williams (pref.) Associated Gils 4 5 0 (cont.) Auckland Trams 0 10 6 (pref.) 0 19 1 0 19 6 Australian Sugar 35 2 6 — Fiji Sugar 10 0 0 — Qear Meat 1 17 6 — 2 15 o Meredith’s (Samoa) ... 0 9 0 0 10 6 Newton King (prerf.)... 0 17 0 — N.Z. Bxpresi 0 13 6 — Milk Products N.Z. Refrigerating . 1 5 3 — (cont.) 0 13 9 0 15 9 Kauri Oils — 0 10 0 Kauri Oils (cont.) — 0 3 9 Union Oil 1 9 0 1 11 0 Wilson’s Cement ...... 1 2 10 1 3 3 M’ninfr — Moanataiari 0 3 9 0 4 3 Waihi 1 12 0 1 12 6 Waihi Junction 0 9 0 0 9 i Debenture*— Auckland Gaa (1932) ... Auckland Harbour Boat 87 0 0 — d 6 per cent Auckland Harbour (5£ 103 0 0 per cent.) 9a 10 0 — Auckland City (1940)... Auckland City (1940> 96 0 0 <5J p.c.) Gisborne Sheepfarm99 10 0 — eers .02 0 0 — Farmers’ Union Tradih" 92 0 0 Wellington Ga« 104 0 0 — 'Vnr Loans — 1OT0 97 0 0 _ 1938 97 2 6 97 5 0 1939 97 0 0 — 1927 97 0 0 98 0 0 Soldiers’ Bonds 100 10 0 — N.Z. Inscribed Stock 1927 .97 0 0 96 5 0 1938 97 5 0 1939 97 0 0 — Soldiers* Insc. Slock 100 10 0 —