THE SHARE MARKET

Otago Daily Times, Issue 18353, 17 September 1921, Page 12

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. The week opened quietly on the Stock Exchange, but was brighter during the last two or three days, and the investment market did good business. P. and O. deferred stock has been fairly active. There was a sale on Tuesday at £3SS, and more followed! the next day at the same price. Yesterday the stock finned slightly, and there were transactions at £360, £362, and £363, the, final quotations being £363 and £365. Huddart,, Parker shares have been quiet, and if anything show an easing tendency. They are now quoted about 41 s 3d to 425. Interest in insurance’ shares seems to have slackened off, and the prices of these lines are also easier in some cases. National Insurances were secured for 60s on Wednesday, and were sought yesterday at S9s 3d, With a seller at 60s 6d. There was also a sale yesterday of New Zealand Insurance shares' at 29s Sd, but Standards and South British shares have been quiet, and are slightly easier in price. No business is shown in bank stocks. National Banks have been sought in the vicinity of £5 10s, with sellers about £5 13s, and Bank of New South Wales, stock has been in firm demand without attracting holders. Union Banks show no change in value, but Australasia buyer® have firmed to £9O. Woollen manufacturing shares have been in the usual /demand at firm prices, and sales have been' reported of Mosgiel shares (£5 12s) and Bruce Woollens (40s). Kaiapoi Woollens have had regular inquiry at 23s Gd, but sellers have not been operating. Milburu Limes, have changed owners • on several occasions at 80s 3d, and] in the industrial lino the New Zealand lie frigerating (cont.) shares have also had a good volume of business at 17s 9d. The larger issue has been quoted about 'B2a. Businesa * baa been added to by a sale of Brown, Ewing ordinary shares at 245. A few other sound investment lines have hod buyers daily at current prices, but sellers havo been scarce. Debentures have been freely quoted at unchanged values, but nothing has been reported. The mining market has been inactive, and there has been no fluctuation in the quotations. . Saks; —New Zealand Insurance, 29s 8d; New Zealand Refrigerating icont.), 17s 9d (two); P. and O. (def.), £360, £362, £363. The following «r© yesterday’s latest quotations, subject to tire usual brokerage;— Dbedoiko Stocks. Rising Sun—Buy. 2s. Rise and! Shine—Buy. la 6dMining Stocks. v Waihi—Buy. 20s 9d, sol. 9d, Mount Dyell—Buy. 13s 9d. sel. 14s. Investment Stocks. ' Dank of Australasia'—Buy. £9O. Bank of N.S. Wales —Buy. £34 ss. Bank of N.Z.—Buy. 49s 3d, sel. 49s 6dL Union Bank—Buy. £l2 Bs, sel. £l2 12s. National Insurance Co.—Buy. 69s 3d, sel 60s 6d. v , N.Z. Insurance Co. —8uy.,28s 9d, sel. 29a, 3d South British Insurance—Buy. 86s, tel, 35s 9d. Standard Insurance ,Co.—Buy. 48s 9d, sek 60s, - : P. and 0. (def.)—Buy. £363, sel. £365. ; U.S.S. Co. (pref.)—Buy. 18s. Huddart, Parker (ord.) —Buy. 41s !3d, sel. 42a. Westport Coal Co.—Buy. 28s. Westport-Stockton (ord.) —Buy. 7s, sel, 7a 3d. Westport-Stockton (pref.)—Sel. 10s 9d. Brown, Ewing (ord,) —Buy. 23s 6d. . , Goldsbrough, Mort —Buy. 31s 6d. ' Notional Mortgage—Scl. 72s 6d. Wright, Stephenson (ord.)—Sel. 28a. | Dominion Rubber—Buy. 11s 66t, scl. 13s Sd. Donaghy’s Rope and Twine—Buy, 2Tb. Empire Buildings—Buy. 12a, seL 20a. N.Z. Refrigerating (£1 paid)—Buy. 325, sol. • 82s 6d. N.Z. Refrigerating (10s paid)—Buy. 17a Sd, sel. 17s lOd. South Otago Freezing—Buy. 90s. ; . Bruce Woollen Co.—Buy. 40s. Kaiapoi Woollen (ord.) —Buy. 23s 6d. Kaiapoi Woollen (pref.)—Buy, 10s Gd, eel. 116 3d. Mdsgiel Woollen—Buy. £5 IBs. M'Lcod Bros.’ Soap—Buy. £l4 Ss. , N.Z. Paper Mills—Buy. 225. N.Z. Paper Mills (new issue)—Buy. Is, . N.Z. Drug Co. (£2 paid)—Buy. 665, seh 56s 6d. N.Z. Express Co. (pref.)—Buy. 14s 6d. N.Z. Hardware (ord.)—Sel. 12s. Wilson’s Portland Cement—Buy. Ifie 24, sel. IBs 9d. • Trustees, Executors —Buy. 445. N.Z. Sugar of Milk—Buy. 28s. Wbitoombe and Tombs—Buy. 645.‘ . National Electric—Buy. 255, , sel. 28s. Debentures - N.Z. Government War Bonds (4J pei cent.), 1938 Buy. £B3 10a, eel. £33 13® >6d. . N.Z. Government War Bonds (4J per cent.), 1939 Buy. £S3 10s, sel. £B3 15s. N.Z. Government Inscribed Stock (4J per cent.), 1938 —Buy. £33 ss, eel. £B3 15a. N.Z. Government Inscribed Stock (4J pear cent.), N.Z. Government Postal Bonds (5 percent.), 1927—8uy. £9l. Soldiers’ Settlement Bonds (BJ per cent.), 1933 —Buy. £9l 12s 6dl, eel. £92 ss. Soldiers,’ Settlement Inscribed (5J per cent.), 1933—8uy. £9l 10s, eel. £9l 15s. NORTHERN EXCHANGES, t (Ter United Press association.') September 16. Tho following business was effected to-day: Auckland —Bank of New Zealand) 49s 3d. Reported Gales; —National Bank, £5 10s; Kaiapoi Wool (10s paid), 10s Gd. ' Christchurch. Sales reported: —Government 4i per cent. Bonds (1938), £B3 10s; New Zealand Shipping 6 per .cent, (cum prof.), £lO. ■■<■■■