THE SHARE MARKET

Otago Daily Times, Issue 18801, 2 March 1923, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Additional business was done in Westport Coal shares at 35s 3d yesterday, and there was another sale at 35s 4d. The market closed with A 3d margin, holders asking 35s Gd and buyers offering 35s 4d. There were two transactions at 23s 3d in Wilson’s Cements, and a parcel of Mount Lyells was turned over at 23s 3d. After having been little in evidence for a long timo, Rise and Shine shares had a sale at la, the market, closiug with a buyer at lOd and a seller at Is 2d. The quotations for D.I.C. (pref.) shares, which hud a reported sale at 20s 6cl, wore separated only by Id margin, sellers offering at 20s 6d and buyers offering 20s Ed. In War Bonds there were reported sales of 1933 41 per cents., Bonds and Inscribed, at £O7 Ss, but otherwise the tone in Ibis class was very quiet. Sales: Westport Coal, 35s 3d (two), 85s 4d; Wilson’s (N.Z.) Cement, 23s 3d (two); Rieo and Shine, Is; Mount Lycll, 215 s 3d. Sales reported; D.I.C. (pref.), 20a Gd; National Mortgage, 77s Gd; -Bank of Now Zealand, 57a; National Insurance, 745; Union ißank, £l3 18s 6d (two); 41 per cent. Inscribed Stock, 1938, £37 ss; 4J per cent. Soldiers' Bonds, 1935, £97 ss. The following are yesterday afternoon’s buying and selling quotations, which are subject to the usual brokerage;

BANKING. Bank of Australasia—Buy £l3 8a 6d. Bank of N.S. Wales (ex div.)—Buy £37 ss. Bank of New Zealand —Sel 57s 3d. National Bank—Buy £6 7s, sel £6 Bs,, Union Bank—Buy £l3 IS a, sol £l4. INSURANCE. ' National Insurance Co.—Buy 73s Gd. N.Z. Insurance Co.—Buy 27a 4d, sel 28s. SHIPPING. Howard Smith—Buy 51e. Huddart, Parker (ord.) —Buy 65s Gd, eel SGs Gd, Huddart, Parker (pref.) — Buy 19s 10cl. P. and O. Dcfcncd Stock —Sel £322. Union Steam Ship Co. (pref.)—Buy Ills lOd. COAL. N.Z. Coal and Oil—Buy 2s 7d. Westport Coal Co. —Buy 35s 4d, sel 35s Gd. Weslport-Stocklon (ord.) —Buy 4s sd, sol 4s 9d. Westpcrt-Stocklon (pref., ex div.) —Std 6s Gd.

LOAN AND AGENCY. Goldsbrough, Mori—Buy 443. N.Z. Loan and M. (ord.) —Buy £B2, Perpetual Trustees —Buy 37a. Trustees, Executors, and Agency—Buy 475. Wright, Stephenson (ord.)— Buy 265. MEAT PRESERVING. Canterbury Meat—Buy £l4 15s, sel £ls ss. Gear Meat Co.—Buy 42a. N.Z. Refrigerating (paid)—Buy 26s 6L N.Z. Refrigerating (cent.) —Buy Us, eel 14a 7d. Southland Frozen Meat (ord.) —Buy 25s 9d, South Otago Freezing—Buy £4 3s. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 27a. Brown, Ewing (pref.)—Buy 20s 3d. Bruce Woollen Co. —Buy 345, sel 37s 6d. 8.1. C. (ord.) —Buy Is prem. D.I.C. (pref.)—Buy 20a sd, eel 20s Cd. Dental and Medical Supplies—Buy 23a, sel 2Gs, Dominion Rubber—Sel 20a 3d. Donaghy’s Rope and Twine—Buy 31s. Dunedin Stock Exchange Proptv.—Buy 41s (id. Kaiapoi Woollen (ord.) —Buy 235, sel 24s 6d. Milburn Lime and Cement—Buy 31s. Mosgiel Woollen Co.—Buy £6 15s. M'Leod Bros. Soap—Buy £l6. National 1 Electric —Buy 20s 3d, eel 21s 6d. N.Z. Drug Co. —Buy 58s. N.Z. Express (ord.) —Buy 14s. N.Z. Hardware (ord.) —Sel 10s. N.Z. Paper Mills (paid)—Buy 24s 3d, sel 24s 9d. N.Z. Paper Mills (cent.)—Buy 24s 3d. N.Z. Sugar of Milk —Buy 31s. Otago Daily Times—Buy 4Ds. Sharland and Co. —Buy 21s, eel 235. Whitcombc and Tombs—Buy 70s. Wilson's (N.Z.) Cement —Buy 23s 3d, sel 23s Od.

MIXING. Rise, and Shine—Buy Bid, sel Is Od. Woilii—Buy 28s 3d, sel 3»s. IVaihi Grand Junction —Buy 8s Gd, £icl Os, Mount Lycll—Buy 255, sel 25a Gd. WAI! BONUS. 41 per cent. Bonds, 1058—Sol £97 7s Gd. sit per cent. Soldiers' Bonds, 1033—Buy £IOO I's Gd, sel £lOl 7a Gd. 51. per cent. Soldiers’ Inscribed, 1033—Buy £IOO 15s, sc I £lOl ss. NORTHERN EXCHANGES. (Peb United Press Association.) The following business was done on 'Changes yesterday: Auckland.—Sales: Wax Loan (1938). £97; Rank ol Kew Zealand, 575; Auckland Gas (conl.l, 25s 9d ; Wad hi, 29a. Wellington.—Sales: Government Inscribed Stock (1933), £lO9 15a; National Insurance, £3 14a Gd ; Wellington Cordage, £l. Christchurch, March 1. —Sales reported: Government, -U T">r cent. Bonds (1938), .£97 ss; National Bank, £G 7s (three parcels); Goldshrough, Mort,, £2 ss; Huddart, Parker, £2 16s; Christchurch Gas, £7 19s (two pajccls); Electrolytic Zinc (cum rights), 11s 3d; Ward's Brewery, £1 15e. Sales: 51 per cent (1933), £101; Union Bank, £l3 ISs Gd. New Zealand Refrigerating Co., £1 7s Gd.