THE SHARE MARKET

Otago Daily Times, Issue 18735, 13 December 1922, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE*. A further fall was registered yesterday in the price of National Electrics, which were sold on Change at 19s, but Union Banks, Grand Junctions, and contributing Eefrigeratings were all sold at prices slightly higher than those which have been ruling lately. Two , parcels of Huddart, Parker (ord.) were turned over at 52s 9d and 52s 6d respectively, and a parcel of Waihis changed hands at 34s 3d. There was a reported sale of U.S.S. Co. (pref.) shares at 20s Bd, and the market closed with a buyer at 20s and a seller at 20s 6d. Wilson’s Cements, of which there was a sal© at 21s in the morning, were sought at 20s 9d in the afternoon with a seller at 21s 6d. When the market closed both Grand Junction and contributing Refuge-ratings had buyers at the prices at which their sales took place—los 9d and 14s respectively—but sellers were not desirous of further business at those figures. The buying quotations for 4k per cent. War Bonds showed a considerable fall, but 5 and 6J per cents, remained steady. Sales; Huddart, Parker (ord.), 62s 9d, 52a 6d; National Electric, 19s; Wilson’s Cement, 2ls; WaiM, 34s 3d; Wailu Grand Junction, 10s 9d. Sales reported; Union Bank, £l3 10s 6d (two); New Zealand Refrigerating (con.), 14s (two); Union Steam (pref.), 20s 3d. The following were yesterday afternoon’s buying and selling quotations, which are subject to the usual brokerage;— ■ BANKING. Bank of N.S. Wales—Buy £35 2a 6d; sel £35 IQs. Bank of New Zealand—Buy 56s 6d, sel 575. National Bank —Buy £6 9s Cd, eel £6 12s Cd. Union Bank—Buy £33 9s 9d, sel £l3 10s 6i. INSURANCE. N.Z. Insurance Co,—Buy .2Ss 3d, eel 28s 9d. South British Insurance Co. —Buy 35§ 6d. Standard Insurance Co. —Buy 355. SHIPPING. Huddart, Parker (ord.)—Buy 525, sel 52s 9d. P. and 0. Deferred Stock —Buy £327, eel £335. U.S.S. Co. (pref.)—Buy 20s, sel 20s 6d; COAL. N.Z. Coal and Oil—Guy 2s 6d. Westport. Coal Co. —Buy 33s 4d. Westport-Stockton (ord.) —Sel 4s 9d. Westport-Slockton (pref.)—Sel 8s 9d. LOAN AND AGENCY. Dalgety and Co. —Buy £ll. Goldsbrough, Mert—Sel 42s 6d. National Mortgage—Buy 695. N.Z. Loan and M. (ord.)— Buy £77. N.Z. and River Plate—Buy 20s 6d Trustees, Ex. and Agency—Buy 46a. Wright, Stephenson (ord.) —Buy 235. MEAT PRESERVING. N.Z. Refrigerating (con.)—Buy 14s, scl 14s 3d. Southland Frozen Meat (ord.) —Buy 2?3‘. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 26s 9d. Brown, Ewing (pref.)—Buy 20s 6d. Bruce Woollen Co. —Buy ills. Colonial Sugar—Buy £34 15a. D.I.C. (ord.V—-Buy Is 3d prem, sel 2s prem. D.I.C. (pref.)—Buy 20s, sel 20a sd. Dominion Rubber—Sel 21a. Donaghy’s Rope and Twine—Buy Sis 6d. Dunedin-Kaakorai Trams—Buy 24s 6d. Dunedin Stock Exchange Fropfy.—Buy 41s. Dunlop Rubber—Buy 20s 6d. Kaiapoi Woollen (ord.) —Buy 24s 9d. Kaiapoi Woollen (con.)—Buy 12s 3d, sel 13s, Kaiapoi Woollen (pref.)—Buy 225. Milburn Lime and Cement—Buy 31s 6d. Mosgiel Woollen Oo.—Buy £6 Bs. M’Leod Bros. Soap—Buy £l6. National Electric—Buy 18s, ©cl 20s 6d. N.Z. Drug Co.—Buy 54s 6d. N.Z. Hardware (ord.) —Buy 8a 6d, sel 9s 6d. N.Z. Malay Rubber—Buy 10s. N.Z. X J »per Mills (pd.)—Buy 235, sol 22s 9dN.Z. Paper Mills (con.) —Sel 2s 9d prem. Otago Daily Times—Buy 46s 6d. Papuan Products—Sol Is 4d. Sharland and Co. —Scl 225. WTiitcdmbe and Tombs—Buy Gss Wilson’s (N.Z.) Cement—Buy 20s ad, sel 21s 6d. 4) MINING. Nokomai Hydraulic—Buy Bs, sel 10s. Rise and • Shine—Sel 2s 6d. Waihi—Buy 345, scl 355. Waihi Grand Junction—Buy 10s 0d scl 10s lOd. Mount Lyell—Buy 21s, sel 21s 6d. WAR BONDS. 4J per cent. Bonds, 1938—Buy £96 2s 6d, sel £36 15s. * *4J per cent. Bonds, 1939—8uy £96 2s 6d, sel £36 15s. 5J per cent. Bonds, S.S., 1933—8uy £99 17s 6d, sel £IOO 2s 6d. per cent. Inscribed, 1933—5 el £96 12s 6d. . 4J per cent. Inscribed, 1939—8uy £96, scl £93 12s Cd. 3J per cent. Inscribed, S.S., 1933—5 cl £IOO ss. 5 per cent. Benda. 1'.0.. 1927—8uy £96 10s. 5 ncr cent. Bonds, P. 0., 1929—8uy £96 7s Gd. 5 per cent. Inscribed, P. 0., IS29—.Sel £96 10s. NORTHERN EXCHANGES, (Peb United Press Association.) The following business was done on ’Changes yesterday : Auckland.— Sales: Bank of New Zealand, 56s 6d; Taupiri Coal, 18s; Kauri Timber, 27s* Grand Junction, 10s lOd. Wellington.—Sales reported: Bank of New Zealand, £2 16s 6d; National Mortgage, £3 13s 9d. Christchurch. Sales reported: New Zealand Refrigerating (£1 paid), £1 7s 6J (two parcels); 10s paid, 14a. Sale: Bank of New Zealand, £2 16s 6d. A suggestion from the department which did not meet with favour at yesterday’s meeting of the Education Board was that all applicants for positions as pupil teachers or probationers should obtain any dental treatment required before presenting themselves for examination. “No candidate should require to be told by the examining medical officer that dental treatment is needed.” Members of the board considered that, as , there were vacancies for about only one-third of the applicants, it ■was not necessary to force expense for the others, there being time for candidates to receive attention when they were assured of a. vacancy.