THE SHARE MARKET

Otago Daily Times, Issue 18675, 3 October 1922, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Bidding was again without result on the Dunedin Stock Exchange yesterday. A parcel of Huddart, Parker (ord.) shares was offering ot -10 s, tho buying quote being 48s yd. On Saturday a buyer offered 495, but sellers were asking 49s 6d. There was a fair prospect of business in Refrigerating (cont.) and AVaihi Grand Junction shares, tho margin between the buying and selling quotations being only 3d in each case. The following were the buying and selling quotations at yesterday afternoon’s call, subject to the usual brokerage:— BANKING. Bank of New Zealand—Buy 54 3d, set 55s 3d. National Bank—Buy £5 19s Gd, sel £6 Is Gd. P. and.O, Bank—Sel £l4 2s 6d. Union Bank—Buy £l3 Is, sel £l3 3s. INSURANCE. National Insurance Go. —Sel G?s. New Zealand Insurance Co. —Sel 28s 3d. Standard Insurance Co. —Buy 30s lid, sel 31s 3d. SHIPPING. Huddart, Parker (ord.)—Buy 48s 9d, sol 495. P. and O. Deferred Slock —Sol £330. Union Steam Ship Co. (pref.)—Buy 19s 4d, sel 20s. COAL. AVostport Cool Co.—Sel 32s 9d. AVcstport-Stockton (ord.) —Sel 5s Id. LOAN AND AGENCY. Goldsbrough, Mort—Buy 40s_, sel 425. National Mortgage—Buy 695, set 70s 6d. New Zealand Loan and Mercantile (ord.)— Sel £Bl. Perpetual Trustees—Buy 36s 6d. Trustees, Executors, and Agency—Buy 46s Oct. Wright, Stephenson (pref.)—Buy 14s Gd. MEAT PRESERVING. New Zealand Refrigerating (pd.)—Buy 23a 9cl, sel 24s 3d. New Zealand Refrigerating (cont.) —Buy 12s Gd, sel 12s 9d. Southland Frozen Meat (ord.)—Buy 245. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 25p. Brown, Ewing (pref.)—Buy 20s. D.I.C. (pref.)—Buy 20s 3d, sel 20s Bd. Dominion Rubber —Buy 10s. Dunedin-Kaikowu Trams—Buy 22s 6d. Dunedin Slock Exchange Proprietary—Buy 40s. Kaiapoi AVoollcn (cont.) —Buy 10s 9d. Milbum Lime and Cement —Buy 30s Gd. Moagiel AVoollon Co. —Buy £G Ills. M’Leod Bros.’ Soap—Buy £l4. National Electric—Buy 22s 3d, sel 22s 9d. New Zealand Drug Co. —Buy 535, sel 53s 9d. New Zealand Express (ord.)- —Sel 16s. New Zealand Hardware (ord.)—Buy 7s 3d. New Zealand Paper Mills (pd.)—Buy 20s 9d. New Zealand Paper Mills (cont.)—Buy par. Otago Daily Times—Buy 50s. Smith and Smith (pref.)—Buy 18s 7d. AATlson's (N.Z.) Cement—Sel, 20s. MINING. Rise and Shine—Sel 3s. AVaihi —Buy 27s 3d, sel 28s AVaihi Grand Junction—Buy 9s Id, sel 9s 4d. ... Electrolytic Zinc—Sel 26s 3d, Mount Lyell—Sel 20s 3d. AVAR BONDS. 4J per cent. Bonds, 1930—Buy £9G. 44 per cent. Bonds, 1038—Bpy ' £O6. 44 per cent. Bonds, 1939—311/ £9G. 54 per cent. Bonds, S.S., 1933 —Sel £99 Iss, 44 per cent. Inscribed, 1938 —Buy £96 2s Gd, sel £96 10s. 44 per cent. Inscribed, 1939—8uy £96 2s 6d, sel £96 10s. 51 per cent. Inscribed, S.S., 1933—8uy £93"55. 5 per cent. Bonds, P. 0., 1927 —Buy £96. 5 per cent. Inscribed, P. 0., 1927 —Sel £96 ss. NORTHERN EXCHANGES. (Per United Press Association.) The following business was done on ’Changes ’jjeslerday: Auckland—Sales; New Zealand Inscribed (1938), £96; Bank of N.S. AVales, £3l 15s; South British Insurance, 34s 9d; Auckland Gas, 235, 23a 3d; Milk Products, 22s;' AATlson’s Cement, 19s 9d; Grand Junction, 9s Id, Quotations; National Bank, sel £6, buy £5 18s 6:1; Bank of N.S. AVales, sel £35 10s, buy £34 10s; Bank of New Zealand, sel 55a, buy 54s 3d; P. and 0. Bank, sel £l4 7s 6d; Union Bank, sel £l3 ss, buy £l3; National Insurance sol 67s 6d, buy GSs 3d; New Zealand Insurance, sel 375, buy 28s 9d; South. British Insurance, sel 35s 3d, buy ,34s 6d: Goldsbrough Mort, sel 42a, buy 40a; River Plato, sel 20a, buv 19s 3d; Loan and Mer cantile, sel £77, buy £72 10s: (pref.), buy £67; Taupiri Coal, eel 17s 6d. buy 17s: (pref.), ox div., buy 22s 3d; AVaipa Coal, buy 16s 3d; AAVstport Coal, sel 32s Gd, buv 32a; Auckland Gas, sol 23a 6d, buy 23s 3d; (con.), sel 18s 9d, buy 18s 4d; Gisborne Gas, buy 11s 6d; Howard, Smith, sel 455, buy 43s 9d; Huddart, Parker, eel 49s 9d, buy 495, Union Steam (pref.), sel 20s, buy 18s 9cl; Kauri Timber, sel 29s 3d, buy 27s 9d; Leylaud, O’Brien, buy 34s Gd; Parker. Lamb, sel 24s 3d, buy 235; Kaiapoi AA’oollen - (10s paid), sel 12s, buy 10s lOd; Auckland Trams, eel 10s 3d, buy 18s Od; (prof.), sel 18s 9d; buy 18s; Burns. Philp, sel 34«, buy 32s 3d; Fiji Sugar, sel £ls 7s 6d, buy £ls; Gear Meat, sel 37s 3d; Meredith's Samoa, sel 10s Gd; Milk Products, eel 225, buy 21s 6d, Paper Mills, buy 20s Gd; Now Zealand Refrigerating, sel 24s 9d, buy 23s 9d; (con.), sel 13s 3d, buy 12s 3d; Kauri Oils, sol Bs, buy Is; AVilson's Cement, fid 19s lid, buy 19a 9d; Moanatiriari, sel 3:s 2d, buy 31s Id; Hauraki Mines, eel 2s Gd; Muir's Reefs buy 2Bs 6d ; Obinemuri, sol 2s Gd; AVaihi, sel 28s 6:1, buy 27s 9d; Grand Junction, sel 0s Id, buy 8s lOd; Mount Lyell, sel 2ls 3d, buy 19s Gd. Debentures: Auckland Gas (1928), buy £101; Auckland Harbour (6 per cent), buy £lOl ; Auckland City (1940), sel £94, buy £92; Devonpnrt Borough, sel £IOO 15s, Bycrofts, sel £100; Macky, Logan, buy £99; Mount Eden Borough, sel £110; Milne, Clioyce, s:l £10(1, buy £95; AVar Loan (1938), .so! £96 ss, buy £95 15s; (1939), sel £96 ss, buy £95 15s; (1927), eel £9B ss, buy .£95 10s; Soldiers’ Bonds ml £9O ss; New Zealand Inscribed (1927), sel £96 ss; (1938), sel £96 10s, buy £95 (1939). eel £96 ss; Soldiers’ Inscribed,- eel £99 10s, buy £99. Christchurch. —Sale: Canterbury Frozen meat, £l4 Bs. Sales reported; Now Zealand Government 4| per cent. (1938), £O6 ss.