THE SHARE MARKET

Otago Daily Times, Issue 17729, 13 September 1919, Page 12

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. has 150011I 50011 a £tcat 'y market during past v/cek, and a satisfactory amount of business has been recorded in a considerable variety of stocks. Rise and btunis are the only dredging stock regularly quoted. They are offered at lis 6d, but •buyers wi 1 not go beyond Bs. In mining stocks lahsmans moved up sharply early n the week as a result of good reports trom the mine, and on Thursday buyers 21n r ° °r?r rui ? J l3 > without attracting a. eeller. 1 hey had dropped back slightly yesterday, when buyers offered 10s 3d and J" asked 10s 10d. Waihis. wanted at , Is > aml brand Junctions at 14s Bd, show l.'tUe movement. Mount Lyells have been cangmg hands at fl 6s, and Yesterday nf C o i W i ere t lO ' ,a! ' at £1 6s, with buyers at- less. In investment stocks Bank of Australias are offered at £133. but there <lo ™ n<l - of New South Wales were sold, ex dividend, yesterday at £39. lc' ,TO IS£U !L S Ban* of New Zealand shares, are■ eflorwl at £19 and £15, and there was a buyer of the £3 6s od paid issue afc £14 18s. Buyers of Union Banks have advanced to £60 ss, and the b.st selling offer yesterday was £61. They were sold last Saturday at £59 15s! Business was reported in National Insurance at yesterday. New Zealand Insurance were sold on Monday at £l 14s, and are now quoted at £1 14s and £1 15s for buyers and sellers respectively. South HrKish Insurance were disposed of at £9 3s on Wednesday, and yesterday afternoon t'i- ro was a buyer of 10 and a seller of 15 at exactly the same figure. Standard Instu:ance, ex are sought for at 18s 6d - yesterday a buyer of Union Steams cama on the inarlo?t offering £4 ss, but there were noae to be had. HuddartiovT fS l ' i'o 10 . poached the top price of lis last Saturday, weakened early in the £o C i : .' A a f d eS on r, i a ' y „ , wero bouglifc at £-8s 6d and £2 8s 9d. Ihe market closed m n rG W ?f ted 9d sellers at £2 9s. P. and Os. hardened sharply yesterday, and transfers were effected at , a „ r r Jl oon c;i " a t the record price of w5/0, and £569. The closing quotations were buyers £558, sellers £572. WestP° r t Coais have been changing hands at +j1 8s 9d. and are now inquired for at that pr, j°Vvholders asking 3d more. Coal and Oils have hardened since last Saturday, when they were sold at ss, and 5s 3d is now offered for them. Preference D.I.C. s were offered at £1 Is 4d, with buyers offering £1 Is. Dominion Rubbers ore on offer at £1 18s 6d, and Stock Exchange Proprietary are wanted at £2 7s. |-" ot Canterbury Meats have advanced to i»l3 7s 6d, and of South Otago Freezing Company to £5 4s, without attracting sellers. Business has been, effected in Wilsons Portland Cements at 16s 2d and 16s 3d, and yesterday there was a buyer of 100 and a seller of 80 at the latter figure. New

Zealand Paper Mills have advanced considerably, and on Wednesday they changed hands at £1 ICs. For Bruce Woollens °£2 2s is offered, and £1 9s for Otago, Central Preserves, without reeult. Goldsbrough, Moris have been changing hands at £2 6s. and they are now asked for at that figure. Sales.—Bank of New South Wales (ex div.), £5 &; Mount Lyell, £l 6s- P. and O. (deferred), £571, £570. £569; EuddartPark?r (ord.), £2 6s 6d. £2 8s 9d. „ n Sa ' es Reported.—Huddart-Parker (ord.), £2 9s; National Insurance, £4- ss. The following are yesterday's latest quotations, subject to tho usual brokerage:— Drk-dgixo Stocks. Rise and Shine—Buyers Bs, sellers lis 6d. Mixikb Stocks Talisman Consolidated—Buyers 10s 3d, sellers ICs lOd. Waihj—Buyers £2 7s. Wailii Grand Junction—Buyers 14s Bd, sellers 15s. Mount Lycll—Buyers £1 5s lOd, sellers £1 6s. Investment Pto^kr. Bank of Australasia—Ssllers £133. National Rank—Sellers £6 10s 6d. of New South Wales—Sellers £39 Bank of New Zealand (£3 63 8d paid)— Buyers £14 18s. Union Bank—Buyers £60 ss, sellere £61. National Insurance—Buyers £4 4s 8d sellers £4 5s 6d. ' New Zealand Insurance—Buyers £1 14s, sellers £1 15s. South British Insurance —Buyers £9 3s. sellers £9 3s. Standard Insurance—Buyers £2 18s 6d. Union Steam Ship Company (ord.)— Buyers £4 ss. Union Steam Ship Company (pref.V— Buyers £1 Is. P. and 0. (deferred)— Buyers £568, sellers £572. Huddart-Parker (ord.)—Buyers £2 8s 9d sellers £2 9s. ' Westport Coal Company—Buyers £1 8a 9d. sellers £1 9s. New Zealand Coal and Oil—Buyers 5a 3d, sellers 6s. D-I-C. (ord.) —Buyers 2s 8d prem. D.I.C. (prof.)— Buyers £1 l s , sellers £1 Is 4d. Dalgety and Co.—Buyers £12. Dominion Rubber—Sellers £1 lg s 6d. Duuedin . Stock Exchange Proprietary— Buyers £2 7s. D.unedin-Kaikorai Trams—Sellers £1 Is. o n eW ,?/ aland Refrigerating CompanySellers £4 10s 6d. Kaiapoi Woollen (ord.)—Buyers £8 Bs. M|Leod Bros. Soap—Buyers £14 15s. Milburn Lime and Cement—Buyers £1 13s 6d, sellers £1 15s. Mosgiel Woollen Factory—Buyers £5 17a National Mortgage—Buyers £5 13s. Now Zealand Drug Company (£2 paid! Buyers £2 16s 3d, sellers £2 17s. Canterbury Moat Company—Buyers £13 7s 6d. Otago Freezing Company—Buyers Wilson's New Zealand Portland Cement (ord.) —Buyers 16s 3d, sellers 16s 3d. New Zealand Paper Mills—Buyers £1 7s, sellers £1 10s 3d. ; Oamam Woollen (ord.)—Buyers £2 lis, sellers £2 13s. Perpetual Trustees—Buyers £1 10s. Sharland and Co. (ord.)—Buyers £1 lis. Whitcombe and Tombs—Buvers £6 8s Wright, Stephenson, and Co. (prof."}— Sellers £4 17s 6d. M'Gavin and Co.—Buyers £1 ss. New Zealand Loan and Mercantile (ord )— Buyers £110. Bruce Woollen—Buyers £2 2s. Goldsbrough, Mort—Buyers £2 6s Otago Central Preserves—Buyers £1 9s. Papuan Products—Buyers 2s 3d Debentures. Post Office Bonds—Sellers £98 10s. AUCKLAND STOCK EXCHANGE. (Peb United Pees* Association.) AUCKLAND, September 12. Ihe following sales were made on 'Change to-day Auckland Gas (paid), £1 6s; P and O. (deferred), £560; Grand 14s Sd. The following sab was reported: £2 9s. CHRI ST CHURCH STOCK EXCHANGE. (Pf.b United Press Association.) CHRISTCHURCTI. September 12. A sale of Uniorj Bank of Australia at £60 and one New Zealand Refrigerating shares at £4 10s were reccrted on Stock Exchange to-day. LONDON STOCK EXCHANGE. Press Association—By Telegraph— Copyright LONDON, September 1& Waihi—Buyers £2 ss, sellers? £2 7s 6d. Persistant buying caused P. and O. shares to ri£o to £600. ihe Times states that tho spectacular rise in P. and O. shares is in expectation of an early announcement regarding tho capitalisation of reserves.