THE SHARE MARKET

Otago Daily Times, Issue 18774, 30 January 1923, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. There was a firm tone about the share market yesterday, although the turnover for the day was not very large. Union Steam Ship pref. shares found a buyer for two parcels at 19s 9d, and Westport Coals were sold at 35s 6d. There was a later buyer for Weatports at 355, but no seller came forward. Banking and insurance issues were in firm demand, but sellers were somewhat scarce. Industrial investments were also sought at strong prices, but sellers were not operating. ' Sales.—Union Steam Ship Co. (pref.), 19s 9d (two sales); Westport Coal, 35s 6d. The following were the buying and selling quotations at yesterday afternoon's cal’, subject to the usual brokerage; BANKING. Bank of Australasia —Buy £l3 10s. Bank of New South Wales — Buy £36 7s Gd. Bank of New Zealand—Buy 57a 3d. National Bank —Buy £6 7s 6d, sel £6 10s. P. and O. Bank —Ssl £l4 10s. Union Bank—Buy £l4, sel £l4 ss. INSURANCE. National Insurance Co.—Sel 745. New Zealand Insurance Co.—Buy 28s 7d, sel 295. South British Insurance Co.—Buy 3Ss, sel 38s 6d. Standard Insurance Co. —Buy 34s 6d. SHIPPING. Huddart, Parker (ord.) —Buy 54s 6d, eel 55s 3d. P. and O. Deferred Stock—Buy £315, eel £330. U.S.S. Co. (pref.)—Buy 19s Bd/ sel lbs lid. COAL. New Zealand Coal and Oil—Buy 2s 6d. Westport Coal Co.—Buy 355. Wcstport-Stockton (ord,)—Buy 4s, eel 4s Od. LOAN AND AGENCY. Dalgety and Co.—Buy £ll ss. Goldsbrough, Mort—Buy 44s 9d. National Mortgage—Buy 755. New Zealand Loan and Mercantile Buy £BO. Perpetual Trustees -Buy 36s 6d. Trustees, Executors and Agency—Buy 475. Wright, Stcph enson (ord.) —Buy 255. Wright, Stephenson (pref.)—Sel 17s 6d. MEAT PRESERVING. New Zealand Refrigerating (cont.) —Buy 13s, sel 14s 3d. Southland Frozen Meat (ord.) —Buy 2Ss 3d. MISCELLANEOUS. Brown, Ewing (ord.)—Buy 275. Brown, Ewing (pref.)—Buy 20s 3d. Bruce Woollen Co.—Buy 335, sepSes 6d. D.I.C. (ord.) —Buy Is 6d (prem,), sel 2s (prem.). D.I.C. (pref.)—Buy 20s, sel 20s 3d. Dominion Rubber—Buy 18s 3d, sel 20s 6d. Donaghy’s Rope and Twine —Buy 31s. Dunedin-Kaikorai Trams—Buy 25s 3d. Dunedin Stock Exchange Proprietary— Buy 41s. Kaiapoi Woollen (ord.) —Buy 255. Mi I burn Lime and Cement—Buy 33s 6d. Mosgiel Woollen Co.—Buy £6 10s. M'Leod Bros. Soap—Buy £l6. New Zealand Drug Co.—Buy 55s 6d. New Zealand Hardware (ord.) —Sel 10s. New Zealand Hardware- (pref.)—Buy 14s, New Zealand Paper Mills (pd.)—Buv 23s Cd, eel 24s 3d'. New Zealand Paper Mills (new) —Sel 245. Papuan Products—Sel Is 3d. Whitcombe and Tombs—Buy 675, ael 72s 6d. MINING. Rise and Shine—Buy la, sol 2s Cd. Waihi—Buy 31s, sel 345. Waihi Grand Junction—Buy 8s lid, sel 9s 3d. Mount Lyoll—Buy 21s 9d, eel 22s 6d. WAR BONDS. 41 per cent. Bonds, 1930—Buy £97. 4J per cent. Bonds. 1938—Buy £97, sel £9B. per cent. Bonds, 1939—8uv £97, eel, £97 15s. .. 5J per cent. Bonds, S.S., 1933—8uy £IOO 7s 6d. 4J per cent. Inscribed, 1938—Buy £96 17s Gd. G per cent. Inscribed, 1939—8uy £96 17s Gd, se> £97 2s 6d. fii per cent. Inscribed, S.S., 1933—8uy £IOO ss. 5 per cent. Bonds, P. 0., 1929—8uy £96 15s. 5 per cent. Inscribed, P. 0., 1929—5 el £97. NORTHERN EXCHANGES. (Per United Press Association.) The following business was done on 'Changes yesterday; Christchurch.—Sales reported: Royal Bank (£t paid), £6 11s; Union Bank (cum div.), £l4 2s 6d (two parcels); Goldsbrough, Mort, £2 ss, £2 6s 3d, £2 5s 6d, £2 5s 6d; Christchurch Gas (cum div), £8 ,4s; Manning’s. Brewery, £4 ss; Beatha, £1 Us. . Sales: Christchurch Gas (cuni div.), £8 4s; Burns, Philp, £1 2s 3d; Wilson’s Portland Cement, £1 3s.