THE SHAKE MARKET

Otago Daily Times, Issue 18293, 9 July 1921, Page 12

THE SHAKE MARKET

DUNEDIN STOCK EXCHANGE. A decidedly healthy tone was apparent on 'Change throughout tho week, and where there was a change in the value of stocks it was generally on tho up grade. Monday opened with animation, and this feeling was generally maintained throughout. New Zealand Insurance were an exception, for opening with sales at 30s they were not quite in such good favour at the close, when there was a seller at 30s anil no declared buyer. New Zealand Paper Mills at 22s 9d, and rights had a eale and buyer at Is. Bank of New Zealand tinned, and, after sales at -17 s lid and 4S» 3d, closed with an unsupplicd buyers at 19s Gd, tho (seller asking 50s. National Insurance were quitted at 58s, after which buyers advanced, till bis Gd was offered ineffectually. Kaiapoi Woollen had limited turnover at 265, dosing not quite so strong. New Zealand Drugs changed hands at 53s (id, hut cased afterwards, and. closed with a seller at 50a, without a declared buyer. Huddart, Parker had a fair amount of attention at 41s 3d, !4s Gd, and 44s 3d, finishing with a wide market. South British Insurance, after a sale at .Ills, closed with u seller at that figure, the beat buying offer being 355. A parcel of Union Bank was quitted at £l2 ISs, and there was a buyer at the close at £l2 17s, the seller quoting wide. Talisman Consolidated, after n sale at Gs Id, wore wanted at Gs in a market hare of sellers; and Waihi had a transaction at 30s Gd, closing with a sixpenny market. There was always a good demand for Government stocks, hut the only sale recorded or reported was in 5 per cent. Post Office inscribed stock at £9l. Transactions in oilier stocks took place after tho Exchange sitting at market rales. Sales: —Huddurt, Parker, 43s Gd, 43s 3:1; Waihi, 33s Gd; National Insitranec, 625. Tlie following are yesterday’s latest quotations, subject to the usual brokerage; UllKlidTNO Stookh. Rise and Shine—Sel. Gs. Mining Stocks. Talisman Consolidated—Buy. Gs. Waihi—Buy, 30s 3d, scl. 30s 9d. Mount Lyell—Buy. 14s 4d, eel. 14a Bd. Investment Stocks, Bank of Auslralaun—Buy. £B2. National Bank of N.o.—Buy. £5 17s, eel. £6 2d. Bank of N.S. Wales—Buy. £32 7s Gd, sel. £33, Bank of N.Z. —Buy. 49s Gd, eel. s()s. National Insurance Co.—Buy. Cls Gd, sel. 68e.

Union Bunk —Buy. £l2 17p, gel. £l3 ss. N.Z. Insurance Co. —Sol. 30s. South British Insurance —Buy. 355, eel. 365. Standard Insurance Co. —Buy. 47s 9d, sol. 50s. J’. and O. (def.)—Buy. £330. U.S.S. Co. tprof.)—Buy. 17s lOd. lluddart, Barker (ord.) —Buy. 435, sol. 44s 6cl. Westport Coal Co.—Buy. 26s 9:1, sol. 27s 3d. Wcstport-Stockton (ord.) —Buy. 7s 6d, sel. 7s Od. Colonial Sugar—Buy. £25 ss. D.I.C. (ord.) —Buy. 5s 6d prom. D.I.C (prof.)—Buy. 17s 9d. National Mortgage—Buy. 655. N.Z. Loan and Mercantile —Buy. £BO. Wright, Stephenson (ord.) —Buy. 28s, sel. 30s 6d. Dunlop Rubber—Buy. 3s 6d. Donaghy’a Rope and Twine —Sol. 27s 6d. Dunedin Stock Ex. Propy.—Buy. 40s. Dunedin-Kaikorai Trams—Buy. 225, sel. 245. N.Z. Refrigerating (£1 paid)—Sel. 30s. N.Z. Refrigerating (10s pardl—Sel. 16s 3d. Southland Frozen Moat (ord.) —Buy. 245. Canterbury Meat Co. (ord.) —Buy. £lO 14s, Bruco Woollen Co. —Buy. 42a Gd. Kaiapoi Woollen (ord.) —Buy. 25s 3d, eel. 2Cs 3d. Kniapoi Woollen (10s paid)—Buy. 12s. Mc'-giel Woollen —Buy. £5 10s. M‘Loxl Bros.’ Soap—Buy. £l4. N.Z. Pauer Mills —Buy. 225, sel. 23. N. Z. Paper Mills (rights)—Buy. Is, sel. Is sd. N.Z. Drug Co. (£2 paid)—Sel. 50s. N.Z. Express Co. —Buy. 14s !)d, sel. 16s. N.Z. Hardware (ord.) —Buy 12s, sel. 13s 9d’. Milburn Lime and Cement —Buy. 26s Gd. Otago Daily Times—Buy. 46s 6d. Perpetual Trustees —Buy. 34a. Trustees, Executors —Buy. 455, sol. 50s. Whitcombo and Tombs—Buy. 525. Smith and Smith (pref.)—Buy. 15s, sel. 18s. Debentures. N.Z. Government War Bonds (4J per cent.), 1930—Buy. £B7. N.Z. Government War Bonds (44 per cent.), 1938 Buy. £B3 ss. N.Z. Government War Bonds (44 per cent.), 1939 Buy. 83s. N.Z. Government Inscribed Stock (44 per cent.l—Buy. £B3 ss. N.Z. Government Postal (5 per cent.) —Buy. £9l 10s. Soldiers’ Settlement Bonds—Buy. £9l 12s 6d, sel. £92. AUCKLAND STOCK EXCHANGE. {Per United Press Association.) AUCKLAND, July 8. The following business was done on ’Change to-day:—War Loan (1938), £B3 10s; National Insurance, 62s 6d; New Zealand Insurance, 29s 4d; Auckland Gas Company, 18s 6d; Wilson's Cement, I4s del; Talisman, Cs 2d.