THE SHARE MARKET

Otago Daily Times, Issue 18764, 18 January 1923, Page 9

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. There was a fair turnover on the share market yesterday. Dominion Rubber, which on the previous day had a buyer at 21s, changed hands (two parcels) at 20s lOd, and the market closed with a buyer and a ecller at that figure, the seller offering an odd parcel, which the buyer declined to take. New Zealand Insurance had business at 28s sd, and finished with a close market. Mount Lyell were placed at 22a 3d, and more were wanted at the same figure, but the seller would not accept less than 22s 9d. A sale in Union Bank was reported at £l4 2s 6d, after which £l4 was on offer. Union Steam Ship Company (pref.) had two reported sales at IDs 9d, and at the close a buyer offered 19s 7d. A sale of D.I.C. (ord.) was reported at 2s premium, and the market closed with a sevenpenny margin. Sales. —New Zealand Insurance, 28s Sd; Dominion Rubber, 20s lOd (2); Mount Lyell, 22s 3d. Sales Reported.—Union Bank, £l4 2» 6d; Union Steam (pref.), 19s 9d (2); D.I.C. (ord.), 2s prem. The following were the buying and Belling quotations at yesterday afternoon's call, subject to usual brokerage: BANKING. Bank of Australasia—Buy. £l3, Bel £l3 2* Cd. Bank of New South Wales—Buy. £36 sel £36 7s 6d. Bank of New Zealand—Buy. 575, sel. 57s 9d. National Bank—Buv. £6 6s 6d. P. and 0 Bank—Buy, £l4. Union Bank—Buy, £l4, eel. £l4 3s. INSURANCE. National Insurance Co.—Buy. 72a 9d, sel. 755. j New Zealand Insurance Co.—Buy. 28s 4d, eel. 28s 6d. South British Insurance Company —Buy. 375. Standard Insurance Co. —Buy. 345. SHIPPING. Huddart, Parker (ord.) —Buy. 495. Huddart, Parker (pref.)—Buy. 54s Cd. New Zealand Shipping (pref.)—Buy. 19s sel. 20s 3d. P. and O. Deferred Stock—Buv. £Bl5, sel £B3O. Union Steam Shin Co. (pref.)—Buy. 19s 7d eel. 20s 3d. ’ COAL. Taupiri Coal (ord.)—Buy. 18s. Westport Coal Co.—Buy. 35s 6d, sel 36s 6d. LOAN AND AGENCY. Coldsbrough, Mort.—Buy. 44s 3d. National Mortgage—Buy. 725. New Zealand Loan and Mercantile (ord ) Buv. £77, sel, £Bl. New Zealand and River Plate—Buy. 20s Perpetual Trustees—Buy. 86s Gd. Wright, Stephenson (ord.) —Buy. 255. MEAT PRESERVING. New Zealand Refrigerating (paid)—Buv 28s 3d, eel. 29a Gd. 0 ' New Zealand Refrigerating (cont.)—Buv 15s 2d. sel. 15s 6d. Southland Frozen Meat (ord.)—Buv s>Bn MISCELLANEOUS. " Brown, Ewing (ord.)—Buy. 275, sel 28s 6d Brown, Ewing (pref,)—Buy. 20s 3d. Bruce Woollen Co.—Buy. 33s 9d. D.I.C. (ord )-Buy. Is gd prem, sel, 2s 3d. D.I.C. (pref.)—Buy. 20s, sel, 20s 6d Jommion Rubber-Buy 20s lOd, sel. 20s Dunedin Stock Exchange Proprietary— Buy. 225. J Kaiapoi Woollen (ord.)—Buy 26s Kaiapoi Woollen (cont.)-Buy. I2s Cd eel 13-3. ’ Kaiapoi Woollen (pref.)—Buy. 22s Milburn Lime and Cement—Buv 33b Mosgiol Woollen Co.—Buy. £3 10s ’ M'Leod Bros. Soap—Buy. £l6. National Electric—Scl. 20s 6d New Zealand Drug Co.—Buy.’ 55 5 , New Zealand Paper Mills (paid)—Buv sel. 265. • ’ ’ Zealand Paper Mills (cont.)—Buy. 33s Otago Daily Times—Buy. 48s 6d. Papuan Products—Buy. 9d. Wilson’s (N.Z.) Cement—Buy. 23s Id, eel. MINING. Waihi—Buy. 33s lOd, sel. 34s 9d. Waihi Grand Junction— Buy. 9a 3d * e ] 10s 3d. ’ Mount Lyell—Buy. 22s 3d, eel. 22s 9d. WAR BONDS. 4J Per Cent, Bonds, 1990—Buy. £% 17* od. 4J Per Cent. Bonds, 1938—Buy. £96 17e 6d" 4J Per Cent. Bonds, 1939—8uy. £96 17s 6d. 5J Per Cent. Bonds, S.S., 1933—8uy. £IOO. 4J Per Cent. Inscribed, 1938—Buy. £96 15s. 4J Per Cent Inscribed, 1939—8uy. £96 is*.

5J Per Cent, Inscribed, S.S., 1933—8uy., £IOO. ' • 5 Per Cent. Bonds, P. 0., 1927—8uy. £96 17s 6d. 5 Per Cent. Inscribed P. 0., 1927—8uy. £95 17s 6d. 5 Per Cent. Bonds, P. 0., 1920—Buy. ~ £96 17s 6d. 5 Per Cent., P. 0., 1929—8uy. £96 17s 6d. NOETHEEN EXCHANGES. (Pee United Peess Association.) The following business was done on ’Change yesterday: Auckland.—Sales: War Loan (1938), £97; , Soldier’s Inscribed Bonds, £IOO ss; Bank of New Zealand, 67s 3d; South British Insurance, 38s; Auckland Gas, 24s 9d; Kauri Timber, 27s 6d; Auckland Trams, 21s ,6d; Wilson’s Portland Cement. 23s 3d; Waihi. 33s 9d, 33s 6d. Wellington. Sale reported: Crown Brewery, £2. Christchurch—Sales: New Zealand Gov'ernment 5J (1933), £IOO 10s; Union Bank (cum div.), £l4 2s 6d, £l4. Bales reported: Bank of New Zealand, £2 17s 6d (three parcels): Now Zealand Insurance, £1 8s 6d; Dalgety’s, £ll 15s; Union Bank (cum div.), £l4 2s 6d; Goldsbrough, Mort., £2 4s 6d |(three parcels); Huddart-Parker, £2 XSs; Kauri Timber, £1 7s 3d; Henry Jones Cooperative, £1 17s od; Electrolytic Zinc (prefj, si 9s 3d.