THE SHARE MARKET

Otago Daily Times, Issue 18653, 7 September 1922, Page 9

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. A little business was don© on 'Chang© yesterday, when a parcel of New Zealand Government Inscribed 4J per cent. (1939) found a buyer at £9B 2s 6d, the market closing with a buyer at £9B and the selling price at £9B 10s- The Germajl mark was offered at 6600 to the £l, the number being 5400 to the £1 when last quoted on th© local 'Change. Huddart, Parkers (ord.), which finned a little, were in demand at 51s 3d, but sellers would not quit at lees than Sis 9d, and no business was recorded. A buyer offered 4s lOd for Westport-Stooktons (ord.), but did not attract a seller. Wilson’s Cements firmed, a buyer offering 20s 10.1, with the .selling price at 2ls 3d. Mining stocks remained about the same, with th© exception of Mount Lyells, which wer© in demand at 19s lid, sellers asking 20s 4d. War Bonds firmed, good prices being offered, but little business resulted. Sales: New Zealand Government Inscribed 4| per cent. (1939), £9B 2s Gd._ ' The following were th© buying and selling quotations at yesterday afternoon’s call, subject to the usual brokerage:— BANKING. Bank of Australasia —Sel £l3 7s 6d. Bank of N.Z.—Buy 56a 9d, sel 565, National Bank—Buy £6 0a 6d. < P, and O. Bank—Buy £l4. Union 1 Bank —Buy £l3 6s. INSURANCE, National Insurance Co.—Buy 665. Ni.Z. Insurance Co. —Buy 28s 6d, sel 29s 3d. South British Insurance Co.—Buy 375. Standard Insurance Co.—Buy 30s 3d, sel 31s 3d. SHIPPING. Huddart, Porker (ord.) —Buy 51s 3d, sol 51s 9d. Huddart, Parker (pref,)—Buy 19s 6d. N.Z. Shipping (pref.)—Buy £lO. P. and O. Deferred Stock —Buy £3lO. U.S.S. Co. (pref.)—Buy 19s 6d, eel 20s. ' COAL. N.Z. Coal and Oil—Buy 2s 6d. Taupiri Coal (ord.) —Buy 17s 3d. Westport Coal Co.—Buy 32s 3d, sel 32s 9d. Westport-Stockton (ord.) —Buy 4s lOd. LOAN AND AGENCY. Goldsbrough, Moft~Buy.-425f.9d. National Mortgage—Buy 725. N.Z. Loan and M. (ord.)—Buy £76. Perpetual Trustees —Buy 36a. Trustees, Ex. and Agency—Buy 46s Get MEAT PRESERVING. Canterbury Meat—Buy £l3 12s 6d. N.Z. Refrigerating (pd.)—Buy 24s 3d, sel 25a., N.Z. Refrigerating (con.)—Buy 13s 2d, sel 13 s 6d. South Otago Freezing—Buy 87a 3d. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 255. Brown, EVing (pref.)—Buy 20s. D.I.C. (ord.)—Buy 11s. ' D.I.C. (pref.)—Buy 20s Dominion Rubber—Buy Bs, sel 10s Dunedin Stock E'xch. Propty.—Buy 39s 6d. - Kaiapoi Woollen (ord.)—Sel 23a 6d. Kaiapoi Woollen (con.)—Buy 10s Gd, sel Us 6d. Milbum Lime and Cement—Sel 32s 9d. Mosgiel Woollen Co.—Buy £6 9s, sel £6 12a. ‘ National Electric —Sel 22s Gd. N.Z. Drug Co.—Buy 52s 9d. N.Z. Hardware (ord.)— Buy 7s 3d. , N.Z. Paper Mills (pd.)—Buy, 20a 6d, sel 21s 3d Otago Daily Times—Buy 48s 6d. Smith and Snjith (prof.)—Buy 18s. Whitcomb© and Tombs—Buy 64s'. Wilson’s (N.Z.) Cement—Buy 20s lOd, sol 21s 3d. MINING., Nokomai Hydraulic —Buy 9s. Rise and Shine—Sel 3s. • Rising Sun—Sel 4s. Waihi—Buy 27a 9d, eel 28s 9d. Waihi Grand Junction—Buy 9s 9d, sel 10s. Electrolytic Zino—Buy 25s 6d. Mount Lycll—Buy 19s lid, eel 20s 4d. WAR JjONDS. 4J per cent. Bonds, 1 1930 Buy £9B. 44 per cent. Bonds, 1938—Buy £9B, sel £99. 4J per cent. Bonds, 1939—8uy £9B, 6i per cent. Bonds, S.S., 1933—5 el £99 15s. 4J per cent. Inscribed, 1938-1-Buy £3B 2a 6d, sel £9B 10s. 4 \ pet cenh Inecribed, 1939—8uy £9B, eel £9B 10s. 5J per cent. Inscribed, S.S., 1933—5 el £99 10s. , 5 per cent. Bonds, P. 0., 1927—8uy £36 7s 6d. 6 per cent. Inscribed, P. 0., 1927—8uy £96 7s Gd. 5 per cent. Bonds, P. 0., 1929—8uy £96 7s 6d. ‘ 6 per cent. Inscribed, P. 0., 1923 —Buy £9G 7s Gd. NORTHERN’ EXCHANGES. • • (Per United Press Association.} The following business was dona on ’Changes yesterday: Auckland.—Sales; War Loan (1938), £96; (1941), £97 15s; Soldiers’ Bonds, £99 6s; New Zeaand Inscribed (1938, 1939), £9B; Bank of New Zealand, 55s 9d; New Zealand Insurance, 295; Auckland Gas, 245; (con.), 18S. 6d; New Zealand Refrigerating, 24s 6d: Wilson's Cement, 21s; Grand Junction, 10s: Moanataiari. 2s lOd. Wellington.—Sales reported: 1938 Stock, £97 17s 6d; 1933 Bonds, £99 10s; National Bank. £6 is 3d; Wellington Trust and Loain, £5 10s. Sale: Inscribed. Stock (1933), £99 7s Gd. Chrietchurch.—New Zealand Government 5J per cent. (1933), £99 ss, £99 7s 6d; Union Bank, '£l3 7s 63; National Bank, £6 Is 6d; Goldsbrough, Mort, £2 3s 6d (two parcels); New Zealand Refrigerating (£1 paid), £1 4s 6d (two parcels); Crown Brewery, £1 13s (two parcels).