THE SHARE MARKET

Otago Daily Times, Issue 18540, 28 April 1922, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. A marked upward tendency is apparent in the prices of stocks on the Dunedin Stock Exchange. This is not confined to any particular stock, but is, perhaps, most apparent in the banking and insurance shares and 1 in Government stocks. There was a fairly heavy turnover yesterday. Bank of New Zealand, after a eale at 61s, were wanted at that price, but no seller declared. A eale in Mosgiel Wollen at £6 4s apparently supplied the market. After a safe in Npw Zealand Drugs at 51s 6d they were not mentioned. The placing of two parcels of Otago Daily Times in the room at 45s 6d, and a reported sale at the same price, apparently cleared the market for the time, as more were wanted at 45s 6d, and no seller declared. A sale in New Zealand Insurance- was reported at 28s 3d, and subsequently a buyer offered 2Ss 4d on a market bare of sellers. Sales: Bank of New Zealand, 51s; Mosgiel Woollen, £6 4s; New Zealand Drugs, 61a 6d; Otago Daily Times, 45s 6d (two). Sales reported: New Zealand Insurance, 28s 3d; Otago Daily Times,' 45s 6d. ' The following are yesterday’s latest quotations, subject to the usual brokerage; Mjotmo Stocks. Waihi—Sel 21s 3d. Waihi Grand Junction—Buy 7s. Mount Lycll—Buy 15s 6d’. Nokomai Hydraulic—Buy 10s 6d. Investment Stocks. P. and 0. Bank—Buy £l2 10s, eel £l3 10s. Bank of Australasia—Buy £l2 17s 6d. National Bank of N.Z.—Buy £5 10s. Bank of N.B. Wales—Buy £36. Bank of N.Z.—Buy 51s. Union Bank of Australia—Buy £l2 15s. National Insurance Co.—Buy 59a 9d, sel 61s. N.Z. Insurance Co.—Buy 28s 4d. South British Insurance—Boly 33s 6d. Standard Insurance Co. —Buy 51s 6d. P. and O. (deferred) —Buy £332, eel £3361 U.S.S. Co. (pref.)—Buy 18a 2d. Howard Smith —Buy 42s 6d. Huddart, Parker (ord.) —Buy 45s 9d. Westport Coal Co.—Buy 2Ss 6d, eel 295. Wcatport-Stocktem (ord.) —Buy 5s 3d. Westport-Stockton (pref.)—Buy Bs, ael 8s 9d, Taupiri Coal (ord.) —Sel 17s 6d. Brown, Ewing (ord.) —Buy 245, D.I.C. (ord.)—Buy 11s. D. 1.0. (pref.)—Buy 18s 2d, sel 19s 6d. Goldsbrough Mo-rt—Buy 325. National Mortgage—Buy 625. Dominion Rubber —Sol 13s. Dunedin-Kaikorai Trams—Buy 225, Empire Buildings—Sel 20a. N.Z. Refrigerating (10s pd.)—Buy 12a lid sol 13s 4d. Canterbury Meat Co. (ord.)—Buy £ll 17s ,6ft. i .Kaiapoi Woollen (ord.)—Sel 26» 9d. Kaiapoi Woollen (con.) —Sel 12s 6d. N.Z. Paper Mills—Buy 225. N.Z. Paper Mills (new issue)—Scl la 6d prem. N.Z. Express Co. —Buy 15s 6d. N.Z. Hardware (pref.)—Buy 14s Gd. Smith and Smith (pref.)—Buy 16s 6d. Wilson’s Portland Cement—Buy 16s 3d, sel 17s. Milburn Lime and Cement—Bny 295. Otago Daily Times—Buy 46s Gd. Perpetual Trnatees —Buy 35a. Trustees, Executors —Buy 46s 9d. Dmehtorih. N.Z. Government War Bonds (4J per cent.), 1930—Sel £94. N.Z. Government War Bonds (1J per cent.), 1938 Buy £9l 7a 6d. N.Z. Government War Bonds (4V per cent.), 1939 Bin- £9l 7s 6d. N.Z. Government Inscribed Stock (4J per cent.). 1938—Buy £9l, 7s 6d. N.Z. Government Inscribed Stock (4J per cont.), 1939—8ny £9l 7» 6d, N.Z. • Government Postal Bonds (5 per cont.), 1927 Buy £93 10s. N.Z. Government Postal Bonds (5 per cent..), 1929—8ny £93 10?. N.Z. Government Postal Inscribed (5 per cent.), 1927—8ny £93 10s, sel £94 2a 6d. N.Z. Government Postal Inscribed (5 per cent.), 1929—8uy £93 10a. Soldiers’ Settlement Bonds (5J per cent.), 1933—8uy £95 15s. Soldiers’ Settlement Inscribed (5J per cent.), 1933—8ny £95 15a. NORTHERN EXCHANGES. (Feb United Press Association.) The following business was done on ‘Changes to-day: Auckland, April 27.—Auckland Trams (ord.), 16s; Grand Junction, 7a Gd: South British (ex div,). 13s; Wilson's Cement, ICs 6cl; War Doan. 1938, inscribed, £9l 10s. Christchurch. April 27.—Sales reported: Union Bank of Australia, £l2 10s. Sales on ’Change: Bank of Australasia (two parcels), £l3- National Bank of New Zealand (three parcels), £6; Union Bank of Australia, £l3 12s Gd and £l2.