THE SHARE MARKET

Otago Daily Times, Issue 18676, 4 October 1922, Page 9

THE SHARE MARKET

, DUNEDIN STOCK EXCHANGE. After a lull for two clays business was lively on the Dunedin Stock Exchange yesterday. There w/ere in all nine sales oil 'Change, and two reported sales, and in ad* dition to this there! was prospect of business in several other lines— notably Wilsons Cements, in which the buying quote fell only 2d short of the selling- figure. At the aborning call there were sales of Dominion Rubbers at 12s and 12a 6d, and parcels of the some shares sold at the afternoon call a* 14s and 14s 6d, the market closing with a buyer at Us 4d. Quotations for National Electric shares have lately ranged between 22s 3d and 23s 9d, and yesterday a sale was recorded at 22s 6d, the market closing with a buyer at 22s 4d and a seller at 22s fid. A sale of New Zealand Refrigerating (con.) shares was recorded in the morning at fid, and in the afternoon both a buyer and a seller quoted at that figure, but tho parcels were odd. There was a further slight rise in the offers for War Bonds, but sellers were not to be attracted. Sales; New Zealand Refrigerating (con.), 12s fid: Dominion Rubber, 13s, 12s fid, 14s, 14s fid; National Electric, 22s fid; HuddartParker (ord.), 495; New Zealand Paper Mills (paid). 2ls (two). Sales reported: Bank of New Zealand, 555; Waihi, 38s. The following were the buying and selling quotations at yesterday afternoon’s call, subject to the usual brokerage; BANKING. Bank of Australasia —Sol £l3 7s fid. Bank of N.S. Wales—Scl £35 ss. Bank of N-X —Buy 54s fid, sel 55s fid. National Bank —Buy £6, scl £B Os fid. P. and O. Bank—Sel £l4 2s fid. Union Bank —Buy £l3 Os fid, sel £l3 4s. INSURANCE. National Insurance Co. —Buy 66s 3d. sel C7a fid. N.Z, Insurance Co.—Buy 27s 3d, sel 27s lOd. South British Insurance Co. —Buy 34s fid. Standard Insurance Co.—Buy 30s fid, sel 31s 3d. SHIPPING. P. and O. Deferred Stock —Sel £325. U.S.S. Co. (prel.)—Buy 19s 4d. COAL. Taupiri Coal (ord.) —Buy 17s. Westport Coal Co.—Sel 32s 9d. Wcstport-Stockton (ord.) —Sel 5s 2d. Westport-Stockton (pref.)—Sel 9s. LOAN AND AGENCY. Goldsbrough, Mort—Buy 39s fid. National Mortgage—Buy CBs fid. sel 70s fid. N.Z. Loan and M. (ord.)— Buy £75, se £79 10s. N.Z. and River Plate—Buy 19s 3d. Perpetual Trustees—Buy 36s 3d. Trustees, Ex. and Agency—Buy 46s fid, sel ,52s fid. Wright, Stephenson (pref.)—Buy 14s fid, 20s. MEAT pEESERVIICG Canterbury Meat—Sel £l4 7s Gd. N.Z. Refrigerating (pd.)—Buy 245, sel 25a. N.Z. Refrigerating (ton.) —Buy 12s fid, eel 12s fid * Southland Frozen Meat (ord.) —Buy 24s fid, eel 27$ Gd.

MISCELLANEOUS. Brown, Ewing (ord.) —Huy 255, Brown, Ewing (pref.)—Buy 20s. Bruce Woollen Co. —Sel 365. D.I.C. (ord.) —Buy Is lOd preni. D.I.C. (pref.)—Buy 20s 3d, sel 20s Bd. Dominion Rubber—Buy 14s 4d. Dunedin-Kailtorai Trams—Buy 22s 6d,. Dunedin Stock Exch. Propty—Buy 40s, Empire Buildings—Sel 20s. Kaiapoi Woollen (ord.) —Sel 23s 6d. Kaiapoi Woollen (con.)-—Buy 10s 9d. Miiburn Lime and Cement—Buy 30s 6d Mosgiel Woollen Co.—Buy £6 10s, sel £6 16s. . , M'Leod Bros. Soap—Buy £l4. National ‘Electric—Buy 23s 4d, sel 22s Cd N.Z. Drug Co.—Buy 525, sel 545. N.Z. Express (ord.) —Sel 16s. N.Z. Hardware (ord.) —Buy 7s 4d. N.Z. Paper Mills (pd.)—Buy 21s, sel 21s 6cJ N.Z. Paper Mills (ccn.l —Buy par. Otago Daily Times—Buy 50s, sel 53s 3d. Smith and Smith (prof.)—Buy 18s 6.1. Wilson’s <N.Z.) Cement—Buy IDs Dd, sel IDs lid. MINING. Rise and Shine—Sel 3s. Rising Sun—Sol 3s. Waihi—Buy 27s Od, sol 28s. Waihi Grand Junction—Bny 8s Dd, sel 9s 3d. Electrolytic Zinc—Buy 255, sel 26s 3d. Mount Lycll—Buy 19a 6d, sel 20s 6dWAR BONDS. 4J per cent. Bonds, 1930—Buy £96. '4.J per cent. Bonds, 1938 —Buy £36 2s 6d. 4J per cent. Bonds, IS39—Buy £96 2s 6d. Si per cent. Bonds, S.S., 1933—8uy £99 j>9. 4| per cent. Inscribed, 1938—Buv £96 2s 6d, sel £96 10s. 4i per cent. Inscribed, 1939—8uy £96 2s 6d. sl per cent. Inscribed, S.'S., 1933—8uy £99 2s 6d, sel £99 10s. 5 per cent. Bonds, P. 0., 1927—8uy £96 2s 6d. 5 per cent. Inscribed, P. 0., 1929—8uy £9S 10s, sel £96 10s. * Odd parcel. NORTHERN EXCHANGES. (Per United Press Associai-ion.) The following business was done on ’Changes yesterday:

Auckland.—-Sales: Soldiers’ Banda, £99 2s Gd; P. and O. Bank,. £l3 3s Gd; New Zealand Insurance, 27s Gd; South British Insurance, 35s 3d; River Plate, 19s 9d; Auckland Gas, 23s 9d; Parker, Lamb, 24a; Auckland Trams. 19s 3d; Wilson’s Cement. 19s lOd; Moan at atari, 3s; Ohdnemuri, Is 3d; Waihi, 28s; Grand Junction, 95.. Christchurch. —Sales: Royal Bank (£4 paid). £G 12s Gd. Reported: Royal oanlc (£1 paid), £1 13s Gd; Canterbury Frozen Aleut, £l4 7s Gd and £l4 8s (two parcels); Union Bank, £l3 3s Gd; National Bank, £G Os Gd; New Zealand urug Company, £2 13s 3d.