THE SHARE MARKET

Otago Daily Times, Issue 18323, 13 August 1921, Page 12

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Interest in the share market during the week has been chiefly shown in dealings jn insurance shares, which have been responsible for moat of the turnover. New Zealand Insurances had several sales on Monday at 31s, but were easier yesterday, being finally quoted about 235. South British shares changed owners at 37s 3d, and were quoted yesterday at 36s and 375. National Insurances aro» steady at 60s. Standard Insurances have finned, and found a buyer yesterday at 525, as compared with 51 earlier in the week. In bank stocks the only business passing was in Bank of New Zealand shares, which were secured on Tuesday at 48s 6d. Several of the banks usually quoted have had regular inquiry throughout the week, but sellers have been off the market Very little business has been done in genera] investment lines. Coal shares seem to bt attractive to investors in spite of the uncertainty of the labour position in the industry Westport Coals sold as high oe 27s 3d, and were in demand again at the same price Westport-Stocktons also show some advance for the week, and New Zealand Coal and Od] shares at 2a 9d. New Zealand Refrigerating shares have also shown a firming tendency, the smaller issue being quoted at IGs 3d, and the other at 31s 3d and 335. Freezing company shares have 1 had regular inquiry at firm prices, but sellers have not been attracted Woollen shares have also been steady at finr prioes, but buyers have not been anxious New Zealand Paper Mills changed owners yesterday at 21s, and Mount Lyell mining shares at 14s 6d. Otherwise the mining mar ket has been dull.

Sales; —Mount Lyell, 14s 6d; Standard Insurance, 625; Westport Coals, 27s 3d; Dominion Rubber, 15s 9d (two); New Zealand Paper Mills, 21s. The following are yesterday’s latest quotations, subject to the usual brokerage; Dredging Stocks. Rise and Shine-yßuy. Is 6d. Mining Stocks. Waihi —Buy; 21s 3d, sel. 22s 3d. Waihi Grand Junction—Buy. fts 3d. Mount Lyell—Buy. 14s 3d, sel. 14s 9d. Investment Stocks, Bank of Australasia—Buy. £B6 10s. National Bank of N.Z.—Buy. £5 10s. Bank of N.S. Wales.—Buy. £33. Bank of N.Z.—Buy. 48s 6d, sel. 48s 9d. Union Bank—Buy. £l2 3s 6d, sel. £l2 12s. National Insurance—Buy. 59s 6d, sel. 61s. N.Z. Insurance—Buy. 295, seL 29s 6d. South British Insurance—Buy. 365, eel, 87e. Standard Insurance—Buy. 51s 9d, sel. 52s 9d. P. and O. (def.) —Buy. £BSO, sel. £365. U.S/S. Co. (pref.) —Buy. 17s lid. Howard, Smith—Buy. 40s. Huddart, Parker (ord.)—Sel. 46s 3d. Westport Coal Co.—Buy. 27e 3d, sel. 27s 4d. Westport-Stookton (ord.) —Buy. 6s lid, sel. 7s Id. Westport-Stockton (pref.)—Sel. 10s 9d. N.Z. Coal and Oil—Buy. 2s od. Brown, Ewing (ord.) —Buy. 23s 6d. D.I.C. (pref.)—Buy. 18s. Goldsbrough, Mbrfc—Sel. 31s. National Mortgage—Buy. 70s. N.Z. Loan and Mercantile—Buy, £Bl. Wright, Stephenson (ord.)—Sel. 80s. Dominion Rnbber —Buy. 16s 9d, sel. 16s. N.Z. Mialay Rubber (ord.) —Buy. 6s. Donaghy's Rope and Twine—Buy. 26s 9d. N.Z. Refrigerating (£1 paid)—Buy. 31s 3d, eel. 335. N.Z. Refrigerating (10s paid)—Buy. 16s 3d; sel. 16s 6d. Southland Frozen Meat (ord.) —Buy. 265, Canterbury Meat Co. (ord.) —Buy. £ll. South Otago Freezing—Buy. £5. Bruce Woollen Co. —Buy. 435, sel. 47s 6d. Kaaaipoi Woollen (ord.) —Bny. 24s 6d, sel. 25s 3d. Kaiapoi Woollen (pref.)—Buy. 12a 3d, sol. 13s. Mosgiel Woollen—Buy. £5 15s, sel. £6. MTjeod Bros.’ Soap—Buy. £l4. N.Z. Paper Mills—Buy. 20s, sel. 21s 3d. N.Z. Drug Co. (£2 paid)—Buy. S4a. Wilson’s Portland Cement—Buy. 14s 9d. Milbum Lime and Cement—Buy. 30s. Papuan Products—Sel. Is 9d. Smith and Smith (pref.)—Buy. 16s, sel. 17s 9d. Perpetual Trustees—Buy. 34s 6d. Whitcombe and Tombs—Buy. 635. Debentures. N.o. Government War Bonds (4i per cent) 1930—Buy. £B7 ss. N.Z. Government War Bonds (4i per cent) 1939—8ny. £B3 10s, sel. £B3 12te 6d. N.Z. Government Inscribed Stock (4J per cent.), 1938—Sel. £B3 15s. Soldiers’ Loan (bonds)—Buy. £92 10s. Soldiers' Loan (inscr.)—Buy. £92, sel. £92 2s 6d. NORTHERN EXCHANGES. CPttt Uvrrin prims association.) AUCKLAND, August 12. The following sales were reported on ’Change to-day Loan (inscribed), £92 6s; South British Insurance, 36s 3d, 365; Grand Junction, 9s 3d. ’ WELLINGTON, August 12. The following business was done on ’Change to-day:—New Zealand Refrigerating, 15s 3dInscribed Stock (1933), £92 2s 6d. ’ CHRISTCHURCH, August 12. The following business was done on ’Change to-day:—Bank of Australasia, £BB 10s. Sate reported: Government 4J per cent. Inscribed Stock (1938). £B3 15s.