THE SHARE MARKET

Otago Daily Times, Issue 18762, 16 January 1923, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. An exceptional amount of business was done on. ’Change yesterday, both during th-e morning and afternoon calls. Dominion Rubbers were very active, one parcel being sold at 20s 9d, another at 21s, and five at 21s Gd. Tho market closed with buyers offering 21s 3d, sellers asking 21s 9d. Mining shares were' also sought after, a parcel of Waihis being turned over at 345. One lot of Waihi Grand Junctions was disposed of at 10s. When tho hammer fell buyers offered 9s 9d, sellers asking Bd more. A sale of Standard Insurances took place at 34s Gd. A number of calcs of different classes of clock were reported. Sales: Dominion Rubber, 20s 9d, 21s, 21c 6d (5); Waihi, 345; Waihi Grand Junction, 10s; Standard Insurance, 31s 6d. Sales reported: Union Bank, £l4; National Electric, 20s; New Zealand Government 4J per cent. Bonds, 1930, £96 15s, £96 17s 6d. The following wore yesterday afternoon’s buying and celling quotations, which are subject to tho usual brokerage: BANKING. Bank of Australasia—Buy £l3 2s 6d. Bank of N.S. Wales—Buy £35 17s 6d, sel £36 15a. Bank of New Zealand—Buy 575, eel 57a 9d.

Union Bank —Buy £l4, scl £l4 7s 6d. INSURANCE. National Insurance Co. —Buv 72s 3d, sel 73s 6d. N.Z. Insurance Co.—Buy 38a, sel 2fis 9d. South British Insurance Co.—Buy 37a. Standard Insurance Co.—Buv 345, scl 31s 6d. SHIPPING. Huddart, Parker (ord.) —Buy 54s 9d. P. and O. Deferred Stock—Buy £320, sol £330. COAL. “Westport Coal Co. Buy 34s GtT, sel 33s 6d. LOAN AND AGENCY Dnlgoty and Co.—Buy £ll. Goldsbrough, Mort —Buy 445, eel 44s Od. National Mortgage—Buy 71s. N.Z. Loan and M. (ord.)—Buv £7B, sel £Bl 10s. Perpetual Trustees—Buy 3Ga, Trustees, Ex. imrl jWiiey—Buy 475. ’"T 'rht, Stephenson (ord.) —Buy 25a. Wright, Stephenson (pret.)—Sei 17a 6d. MEAT PRESERVING, N.Z. Refrigerating (con.)—Buy 15a, sel 15s 6d. Southland Frozen Meat (ord.) —Buy 28s.

MISCELLANEOUS. Brown, Ewing (ord.) —Buy 26s 91. Brown, Ewing (pref.)—Buy 20s 3d. Colonial Sugar—Buy £35. D.I.C. (ord.) —Buy Is fid prem, scl 2s prem. D.I.C. (pref.)—Buy 20s. Dominion Rubber—Buy 21s 3d, sel 21s 9d. Dunedin-Kaikorai Trams—-Buy 255. Dunedin Stock Kxch. Proply.—Buy 41s. Dunlop Rubber—Buy 225. Kaiapoi Woollen (ord.) —Buy 255. Kaiapoi Woollen (cont.) —Buy 12s 3d, eel 13s. Kaiapoi Woollen ('pref.)— Buy 225. Milburn Lime and Cement—Buy 32s 9d. Mosgiel Woollen Co.—Buy £6 10s. M’Leod Bros. Soap—Buy £l6. N.Z. Drug Co.—Buy 54s 9d. N.Z. Hardware (ord.) —Buy 8s 9d. N.Z. Malay Rubber—Buy 10s. N.Z. Paper Mills (pd.)—Buy 23s 6d, sel N.Z. Sugar of Milk—Buy 29s 6d. Otago Daily Times—Buy 48s. Papuan Products—Sel Is. Sharland and Co.—Sel 225. Whitcombe and Tombs —Buy 66s 6d’. Wilson’s (N.Z.) Cement—Buy 235, sel 23s 9d. MINING.

Waihi —Buy 345, sel 34s 9d. Waihi Grand Junction—Buy 9s 9d, eel 10s 2d. Mount Lyoll—Buy 20s lOd, sel 21s 4d. WAR BONDS. 4J per cent. Bonds, 1930 —Buy £96 10s, sel £97. 4J per cent. Bonds, 1933—8uy £96 15s. 4J per cent. Bonds, 1939 —Buy £96 15s. Si per cent. Bonds, S.S., 1933—8uy £IOO. 4J per cent. Inscribed, 1938—Buy £96 15s. 41 per cent. Inscribed, 1939—8uy £96 15s. Si per cent. Inscribed, S.S., 1933 —Buy £99 17s 6d, sel £IOO ss. . 5 per cent. Bonds, P. 0., 1927 —Buy £96 10s. 5’ per cent. Inscribed, P. 0., 1927—8uy £96 10s. NORTHERN EXCHANGES. (Per United Press Association.) The following business was done on ’Changes yesterday; Auckland. —Sales; Auckland Gas Deben-

tures, 5 per cent., £9O; Auckland City Debentures, oi ■ per cent, £96; National Insurance, 735; River Plate, 20s 0d; Taupiri Coal, 19s; Wilson’s Portland 1 Cement, 235. Quotations: Bank of Australasia, sel £l3 10s, buy £l3; National Bank, sel £6 Bs, buy £6 7s; Bank of New South Wales, sei £36 6s, buy £35 ss; Bank of New Zealand, sel 57s 9d, buy 575; Union Bank, sel £l4 2s 6d, buy £l3 I9s; ; National Insurance, sel 745, buy 72s 6d; New Zealand Insmance, sei 28s 6d, buy 28s; .South British Insurance, buy 375: Standard Insurance, sel 35s 3d, buy 33s 6d; Goldsbrough, Mort, buy 435; National Mortgage, eel 755,; - River Plate, sel 21s, buy 20s 9d; Loan and Mercantile, buy 575; (pref,), buy £73; Hikurangi Coal, buy 12s 6d; (pref.), buy 13s 3d; Taupiri Coal, buy 16s 9d; (pref.), sel 255, buy 235; Waipa • Coal, eel 17s 6d, buy IGs; Westport Coal, sel 17a Gd, buy IGs; Westport Coal, sel 365, buy 34a 6d; Auckland Gas, sel 255, buy 24s 3d; (con.), ael 255, buy 23s 6d; Gisborne Gas, buy 12s; Devonport Shipping, buy 255; Howard, Smith, buy 49a; Huddart-Parker, sel 565, buy 64s 9d; Northern Steam Ship Company, sel 13s 6d, buy 13s; (cont.), ael 6s 6d; P. and O. Shipping, buy £310; Bartholomew Timber, sel 20s 6d, buy 16s; Kauri

Timber, buy 27a 2d; Leyland, O’Brien, buy 33s fid; Parker, Lamb, sel 31a fid; Kaiapoi Woollen (10s paid!), buy 12a 3d; Abraham, Williams, buy 67s fid; (pref,), buy 85s; Auckland Trams, sel 21s fid, buy 21a 3d; (pref!), buy 18s lOd; Colonial Sugar (Australia), sel £35 15s, buy £35 7s fid; Gear Meat, sel £42, buy £36 10s; New Zealand Drug, buy 54a; Meredith's (Samoa), ael 10s fid, buy 7a; Newton, King (pref.), buy 16s fid; New Zealand Paper Mills, buy 23s 3d; New Zealand Kefrigerating (con.), sel 15s fid, buy 15s; Kauri Oils, sel 9a, buy fis; (con,), buy 2s. fid; Wilson’s Portland Cement, sel 23s 3d, buy 225; Waihi, sol 34a fid, buy 33s 9d; Grand Junction, Sel 10a 3d. Debentures: Auckland Gas, 5 per cent., buy £B7; fit per cent, buy £102; Auckland Harbour 51 per cent, buy £95; Ashland City (1940), buy £95 10s; Mount Eden, buy £104; Gisborne, Sheepfarmers’, sel £lO2, buy £9B 10s; War Loan (1938), eel £97 10s, buy £96 10s; (1939), buy £96 10a; (1927), buy £9B 10s; Soldiers’ Bonds, buy £100; New Zealand Inscribed Bonds (1927), buy £96 6s; (1929), buy £95 ss; (1939), buy £96 10s; Soldiers’ Inscribed Bonds, buy £IOO. Wellington.—Sale: Wilson’s Portland Cement, £1 30. Christchurch. —Sales reported : Now. Zealand Government, 5J per cent. (1933), £1<)0 (three parcels); Bank, of Australasia, £l3 8s (two parcels); Bank of New South Wales, £36 (two parcels); Dalgety and Co., £ll 15s"; Goldsbrough, Mort, £2 4s 3d; New Zealand Refrigerating (£1 paid), £1 9s; Bank of New Zealand, £2 18s. Sale; Royal Bank V £l paid) £1 13s fid.