THE SHARE MARKET

Otago Daily Times, Issue 18625, 5 August 1922, Page 11

THE SHARE MARKET

DUNEDIN’ STOCK EXCHANGE The share market was fairly animated at » the beginning of the week, but toward* tno close business slackened, and prices suffered in some case®. Banking and insurance stocks, though prices were for the most part steady, were not dealt in extensively. Standard litsurano© liad two reported sales at 83s, and finished with a seller at that price, the beat buying offer being 31s. Bank of New Zealand bad reported sales at 52s 9d and 53s Gd, and closed steady, with only a. threepenny margin. There were reported sales of National Bank -at £5 18s 6d and £5 18s 9d, and the market closed with a buyer at £5 18s 3d, and no seller. South Otago Breezing opened the week with a sale at 87s, and closed with a buyer at 85s and no declared seller. Huddart, Parker sold on Monday at 46s 9d. and yesterday a buyer offered 47s in a market bare of sellers. "Westport Coal were quitted at 30s 9d, and ( finished with a buyer at 80s 6d and a seller at 31s 3d. KaLapoi Woollen (con.) had transactions at 13s 9d, and yesterday there. was a seller at 13s, but no declared buyer.' New Zealand Refrigerating (con.) were quitted at 12s 8d on Wednesday, bat yesterday the beet buying offer was 12s, am a seller was willing to accept 12s' 4d. D.LC. (pref.) had a sale at 20s, and yesterday a buyer offered 19s lOd, the seller asking 20s 3d. There wore three reported sales of Union Steam Ship Company (pref.) at 19s 7d, and at the close there was a buyer at 13s 6d, and no declared seller. A pareel of Dominion Rubber changed hands at 7s yesterday, after which the best buying offer was Gs and there was a seller at 7s Bd. Waihi sold at 29s 6d and 295, and yesterday the best buying offer was 28s* a seller quoting wide. The only transaction in Government bonds for the week was in 4J per cents. (1938), at £95. Sales; Dominion Rubber, 7a; Government 45 per cent. War Bonds (1933), £95. Sales reported: Bank of New Zealand, B3s 6d (two); National Bank, £5 18s 9d. The following are yesterday’s latest quotations, subject to the usual brokerage: Dbedoeno Stocks. Rising Sun—Buy 2ls, eel 4s 3d. Uonio Stocks. Waihi—Buy 128 s, sol 29s Gd. Waihi Grand Junction—Buy 8s lOd, eel Os 9d. Mount Lycll—Buy 18s lOd, sol 19s 3d. Nokomai Hydraulic—Buy 10s. ‘ Investment Stocks Bank of Australasia—Sel £l3 7s 6d. National Bank of N.Z.—Buy £5 18a 3d. Bank of N.Z. Buy 53s 3d, sel 53s Gd. Union Bank of Australiar—Buy £l2 17s Gd, National Insurance Co.—Sel 67s Gd. N.Z. Insurance Co.—Buy 28s, sel 295. South British Insurance—Buy 37a, sel 89s. Standard Insurance Co. —Buy 31s, sel 325. N.Z. Shipping Co. (pref.)—Buy £lO. P. and O. (deferred) —Buy £3OO. U.S.S. Co. (pref.)—Buy 19s Gd. Howard Smitfy—Buy 46s 3d. Huddart, Parker (ord.) —Buy 475, Westport Coal Co.—Buy 30s Gd, sel 31s 3d, Westport-Stockton (ord.)—Buy 4s 6d, sel Gs 2d. Taupiri Coal (ord.)—Buy 17s, sel 17e 6d. Brown, Ewing (ord.) —Buy 24s 9dL Brown, Ewing (pref.)—Buy 19s Gd. z D.I.C. (ord.) —Buy Is 9d prem. DJ.C. (pref.)—Buy 19s lOd, eel 20a 3d. Goldsbrough, Mort—Buy 39s 9d, eel 40a 6d. National Mortgage—Buy 645. N.Z. Loan and Mercantile—Buy £7(JP Dominion Rubber—Buy Gs, sol 7e. 3d. Dunedin Stock Ex. Propy.—Buy 39b GdL.f " N.Z. Refrigerating (pd.)—Sel 255. N.Z. Refrigerating (con.)—Buy 12a. sel 12a id. Canterbury Meat Co. (ord!) —Sel £l3 12s, South Otago Freezing— Buy 86s. Kauri Timber (ord.) —ljuy 25s 6s. Bruoe Woollen Co.—Sel 395. Kaiapoi Woolly (pd.)—Sol 2Ga. Kaiapoi Woollen (con.) —Sel 13s. M’Leod Bros.’ Soap—Buy £l3 10s. N.Z. Paper Mills (pd.)—Se! 21s 3d. N.Z. Paper Mills (new issue)—Buy 3d difl., sel 6d prem. N.Z. Drug Co. (£2 pd.)—Buy 52s Gd, sel 63s 3d. N.Z. Express Co.—Buy 15s Gd, sel 16s 3d N.Z. Hardware (ord.) —Sel 10a. Wilson’s Portland Cement—Buy 18s 9d, eel 19s 2d Milbum Lime and Cement—Buy 80s. Otago Daily Times—Buy 47a.' Perpetual Trustees—Buy 86s. Trustees, Executors—Buy 46a. National Electric—Sol 33s Bd. DSBENTUBSS. N.Z. Government War Bonds (4J per cent.), 1930—Buy £95. N.Z. Government War Bonds (4J per cent.), 1938 Buy £94 15s. N.Z. Government War Bonds (4J per cent.), 1939 Buy £94 150. N.Z. Government Inscribed Stock (4J per cent.). 1938—Buy £94 10s, sel £95. N.Z. Government Inscribed Stock (4J per cent.), 1939—8uy £94 10s, sel £95. ' N.Z. Government Postal Bonds (5 per cent), 1937—8uy £95. N.Z. Government Postal Bonds (5 per cent.), 1929—8uy £95. •N.Z. Government Postal Inscribed (5 per cent.). 1927—8uy £96. N.Z. Government Postal Inscribed (5 per sent.), 1929—8uy £95. Soldiers’ Settlement Bonds (5J per cent.), 1933—8uy £9B 17s Gd. Soldiers’ Settlement Inscribed (5J per cent.), 1933—8uy £9B 17s 6d, eel £99 ss. NORTHERN. EZCHANGES. (Fes United Pittas Association.) The following business was done on ’Changes yesterday: Auckland.—Sales; War Loan (1927), £OS 2s 6d; New Zealond Inscribed (1927), £95 2s l6d; (1938), £9l 15s; Now Zealand Refrigerating (con.), 12s Sd; Grand Junction, 9s 4d. Christchurch.—Sales reported: New Zealand Government 4J per. cent. Bonds (1939), £96; National Bank, £5 18a 5d (three parcels), £6 19b; Bank of New Zealand, £2 13s 6d; Goldsbrough, Mort, £2 0s 6d; New Zealand Refrigerating (10a paid), cum div., 12s Gd; New Zealand Government 6J per cent. (1932), £9B 17s 6d.