THE SHARE MARKED

Otago Daily Times, Issue 18825, 31 March 1923, Page 12

THE SHARE MARKED

DUNEDIN STOCK EXCHANGE. Th Dunedin Stock Exchange closed for the Easter vacation at noon on Thursday, and will not resume business until April 9. As the result of the shortness of the period, the amount of business transacted during the week is not very great, nor .has there much alteration in the quotations for shares.' In banking shares Unions have been the only line to show any movement, and the buying quotation advanced to £l4 5a at the call on Thursday morning. Now Zealands had a reported sale at S7s on Monday, but since then they have not- had much inquiry. Insurances have had their usual good inquiry, and a parcel of New Zealands was released at 28s on Tuesday. Shipping lines have also attracted a good deal of attention. Huddart, Parkers (ord.) were sold (cum div. and rights) at 60s 9d on Saturday and (cx div. and rights) at 40s 3d and 40s on Tuesday. These shares were again sought at 40s 3d on Thursday morning, but were not available at that price. Westport-Stockton (ord.) have been the only coal shares to be turned over on ’Change, and had thiee sales on Thursday at 5s Id and a reported sale at the same price the previous day. Westport Coals have advanced further, and have been sought at 37s 6d, but holders have not been willing to sell at that figure. Sellers of loan and agencies have continued to show very little desire to release their shares. In meat preserving lines the two issues of New Zealand Refrigeratings fell back a little, but ' they seem to have steadied now. and Gear and Canterbury meats have been sought at increased prices. The former, which had two reported sales at 43s 6d, had a buyer at 43s on Thursday, but no seller. Dominion Rubbers, Wilson’s Cements, and New Zealand Paper Mills have been the most prominent among miscellaneous shares, and all have had sales at slightly improved prices. Mining shares have not moved to any extent either way, but War Bonds are in a slightly better position than they were a week ago Thursday’s sales: Westport-Stockton (prd.), 5s Id (three); Wilson’s Cement, 24s 6d. The following are Thursday afternoon’s buying and selling quotations, subject to the usual brokerage:— BANKING. Bank of Australasia—Buy £l3 3s sd. Bank of N.S. Wales—Buy £37 12s 6d. sel £3B. Bank of New Zealand—Buy 56s 6d, se] 57s National Bank—Buy £6 9s* 3d. P. and O. Bank —Sel £l4 ss. Union Bank—Buy £l4 ss, sel £l4 10s. INSURANCE. National Insurance Co. —Buy- 75s Gd. N.Z. Insurance Co.—Buy 28s. South British Insurance Co. —Buy 37s 6d, sei 38s 3d. Standard Insurance Co.—Buy 355. SHIPPING. Howard Smith (cum div.)—Buy 51s 3d. Huddart, Parker (ord.) —Buy 40s 3d. Huddart, Parker (pref.)—Buy 19a 3d. P. and O. Deferred Stock—Buy £3lO. • Union Steam Ship Co. (pref.)—Buy 20s. OIL. N.Z. Coal and Oil —Buy 3s lOd. Taupiri Coal (ord.) —Buy 37s 6d. Westport Coal Co.—Buy 37s 6d. Westport-Stockton (ord.)—Buv ss. sel 5s ■3d. « Westport-Stockton (pref.)—Sel 8s 3d. LOAN AND AGENCY. Goldsbrough, Mort—Buy 43s 6d, sel 455. National Mortgage—Buy 73s 6d. N.Z. Loan and M. (ord.) —Buy JOBG. N.Z. Loan and M. (pret.)—Buy 75a. N.Z. and River Plate—Buy 20s 6d. Perpetual Trustees—Buy 375. Trustees, Executors, and Agency—Buy 48s. Wright. Stephenson (ord.) —Buy 265, Wright, Stephenson (pref.)—Buy 15s, sel 17s 6d. MEAT PRESERVING. Canterbury Meat —Buy £ls 10s. Gear Meat Co. —Buy 435. N.Z. Refrigerating (paid)—Sel 27s 6d. N.Z. Refrigerating (cont.) —Buy 13s 9d, sel 14s 3d. Southland Frozen Meat (ord.) —Buy 28s. South Otago Freezing—Buy £4 ss. MISCELLANEOUS. BroWn, Ewing (ord.) —Buy 27s 3d. Brown, Ewing (pref.)—Buy 20s 3d. Bruce Woollen Co.—Buy 35s 9d. D.I.C. (ord.) —Buy Is 6d prem. D.I.C. (pref.)—Buy 20s 4d. Dominion Rubber —Buy 19s 3d. Donaghy’s Rope-ami Twine—Buy 32s 6d. Dunedin-Kaikorai Trams—Buy 255. Dunedin Stock Exchange Propty.—Buy 435. Kaiapoi Woollen (ord.) —Buy 23s 6tl, se) 2-1 3. Kaiapoi Woollen (coni.) —Sel 12s. Kaiapoi AVoollon (prof.)—Buy 21s. Milburn Lime and Cement —Buy 345, sel 35s Mosgicl Woollen Co. —Buy £7. Bros. Soap—Buy £l6. National Electric —Sel 21s Gd. N.Z. Drug—Buy 59a. N.Z. Express (ord.) —Sel 16s N.Z. Express (pref.)—Sel 17s N.Z. Hardware (ord.)—Se) 9s. N.Z. Paper Mills (old issue) —Buy 255, N.Z. Paper Mills (new issue) —Buy 255. Otago Daily Times—Buy 50s. Papuan Products—Sel Is. Whitcombe and Tombs—Buy 69s Gd. Wilson’s (N.Z.) Cement—Buy 24s 3d, sel 24s 6d. MINING. Waihi—Buy 275, sel 28s. Waihi Grand Junction—Sel Ss 6d. Electrolytic Zinc —Buy 30s 3d. Mount Lyell—Buy 245, sel 255. WAR BONDS. 4J per cent. Bonds, 1938—Buy £97 ss. ii per cent. Bonds. 1939—8uy £97 Ss. 5J per cent. Soldiers’ Bonds, 1933 —Buy £IOO 10s. 4i per cent. Inscribed, 1938—Buy £97 ss. 4J per cent. Inscribed, 1939—8uy £97 ss. 5J per cent. Soldiers’ Inscribed, 1933 —Sel £IOO 12s 6d. f 5 per cent. Postal Bonds, 1927—5 el £97 12s 6d. 5 per cent. Posts,l Bonds. 1929 —Buy £97 ss. •Odd «axceL

CURISTCHURCH EXCHANGE. Christchurch.—Sales reported: South British Insurance, XI ]Bs; Electrolytic Zinc (rights), 11s. Sale: New Zealand Rrefrigerating (10a paid), 13s 9d. LONDON SHARE MARKET. Press Association—By Telegraph—Copyright LONDON, March" 23. (Received March 30, at 11.5 p.m.) Waihi—Buyers, 26s Gd; - sellers, 27a. Waihi Grand Junction, 9s.