THE SHARE MARKET

Otago Daily Times, Issue 18850, 1 May 1923, Page 10

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Milburn Lime and Cement shares after having been sold at 35s 9d yesterday morningi woto again sought at that price in tho afternoon, when 36s 3d was tlje lowest selling quotation. P* and O. Deferred Stock, which changed hands at £330 on Friday, was offered at £347 without attracting a buyer higher than £340, while tho buying quotations for Howard Smiths and Huddart, Parkers (ord.) rose to 53s 6d.and 43s respectively. In the latter case the market closed with a 3d margin. Bank of New Zealands had inquiry at 60s 3d’ with no seller, and Union Banks were sought at £l4 8s 6d with a seller at £l4 11s. , Sale; Milburn Lime-and Cement, 35s 9d. ■ Sale reported: National Bank, £6 14s 3d. I The following are yesterday afternoon s i buying and selling quotations, which aro subject to the usual brokerage; BANKING. Bank of Australasia —Buv £l3 6s. Bank of N.S. Wales—Buy £3B. Bank of New Zealand—Buy 60s 3d. National Bank—Buy £6 14s, sel £6 15s. P. and O. Bank—Buy £l3 10s. Union Bank—Buy £l4 8s 6d, sol £l4 11s. INSURANCE. National Insurance Co. —Buy 73s 6d. N.Z. Insurance Co. —Buy 295. . . Standard Insurance Co. —Buy 35s 9d. SHIPPING. Howard Smith—Buy 53a 6d, sel 55a. Huddart, Parker (ord.)—Buy 435, sol 43s 3d. ‘ Huddart, Parker (pref.)—Buy 19s 9d. P. and O. Deferred Stock —Buy £340, sel U.S S. 00. (pref.)—Buy 20a, COAL. N.Z. Coal and Oil —Buy 2s lOct. Westport Coal Co.—Sel 39s 6d LOAN AND AGENCY. Dalgety and Co.—Buy £l2 10a, Goldsbrough, Mort —8uy.,465. National Mortgage—Buy 785., 1 NZ. Loan and M. (ord.)—Sel £BS. . N.Z. and River Plate—Buy 21s Gd. Perpetual Trustees —Buy 375. trustees, Ex. and Agency—Buy 49s 6d. Wright, Stephenson (ord.) —Buy 26a. MEAT PRESERVING. N.Z. Refrigerating (pd.)—Buy 25s 3d. N.Z. Refrigerating (con.) —Buy 13s 3d, sel 13s lOd. Southland Frozen Meat (ord.)—Buy 28s 6d. South Otago Freezing—Buy 86s, sel 90s. ! MISCELLANEOUS. Brown, Ewing (ord.) —Buy 26s 9d. Brown, Ewing (prex.)—Buy 20s 3d. Bruce Woollen Co. —Buy 355, sol 37s 6d.. D.I.C. (o.dj—Buy 2s prem. D.I.C. (pref.)—Buy 20s 3d. Dominion Rubber —Buy 19s 3d, sel 21s. Donaghy's Hope and Twine —Buy 335. Dunedin Stock Exchange Prop ty,—Buy 435. Kaiapoi Woollen icon.)—Buy 11s, sol 12s 3d. ‘Kaiapoi Woollen (prel.)—Buy 21s 9d. I Milburn Lime and Cement —Buy 35s 9d, sel 36s 3d. ’ M'Leod Bros. Soap—Buy £l6. National. Electric—Sel 21s 3d. I N.Z. Drug Co.—Buy 61s 6d. N.Z. Hardware (pref.)—Buy 14s. N.Z. Paper Mills (old issue)—Buy 25s 6d, eel 26s 3d. / Otago Daily Times —Buy 525. Smith and Smith (pref.)—Buy 19s, sel 20s. Whitcomhe and Tombs—Buy 745. Wilson’s (N.Z.) Cement —Buy 25s 9d, sel 26s 2d. MINING. Waihi—Buy 26s 9d, sel 27s Gd. . Electrolytic Zinc —Buy 32s 3d, seT 33s 6d. Mount Lyell—Buy 23s 3d,',ael 255. WAR BONDS. . 4J per cent. Bonds, 1330—Buy £97, sel 1£97 12s 6d. " ' ' / 41t P e i cent,. Bonds, 1938—Buy £97 2s 6d, 'eel £97 12s. \ ■ „ 4.) per-cent. Bonds,, 1939—8uy £97 2s 6d. > 5( per cent. Soldiers’ Bonds, ‘l933—Buy £lOl 2a 6d. . ( „ per cent. Inscribed, 1938—Buy *97, sel £97 IDs., .u per cent. Inscribed, 1939—8uy £97. 55 per cent. Soldiers’-Inscribed, 1933—8uy £lOl, sel £lOl 15s. 5 per cent. Postal Bonds, .1927—8uy £97 s*. 5 per cent. Postal Inscribed,- 1927— Buy £97 5s j 5 per cent. Postal Bonds, 1929—8uy £97 58- 5 per cent. Postal Inscribed, 1929—8uy £97 ss.

NORTHERN EXCHANGES. (Per United Press Association.! The following business was done on ’Changes yesterday: I Christchurch,—Sales x-eported: Zea- ' land Government 4J per (1938), £97 1-s ' 6ti; Royal Bank (cum div.), £1 las 9d, £1 16s; Goldsbrough, Mort, £2 6s 9d, £- Ga Ud* New Zealand Government 4J per cent. (1938), £97 12s Gd; Bank of hew Zealand, , £3 Is; Huddart, Parker, £2 3s. Goldsbrough, Mort K £2 5s 9d; Huddart, ' Quotations; New Zealand Government Debentures. 4J per cent inscribed (1933)-buy. £97 10s, sel £97 12s Gd, New Zealand i-iovernment , 4J per cent. ; bonds (1938) —buy. £97-10s. sel. £97 12s Gd; Now Zealand Government' 4i:per cent, bonds (1941)— buy. £97 10s, eel. £97 I2s Gd; New " Zealand Government 5 per cent. _ bonds (1927)— buy. £97 10s; New Zealand* Government GJ per cent, bonds (1933)— buy. £lOl 10s. sel £lOl 12s Gd; Bootn, MacDonald 7J per cent. (1931)-sol. £IOO 10s; Bank of Australasia —buy. £l3 11s Gd. sol. £l3 14s; Commercial B<ink of Australia (4£ per cent., cum pref.)—buy. £6 17s 6d. sel. £7: Com- | meicial Bank of Sydney—buy. £25: National Bank of New Zealand —sol. £6 14s; Bank of New South* Wales—buy. £3B ss; , Bank of New Zealand—buy. £3. sel. £3 10s; Royal Bank (£1 paid, cum div.)— buy. £1 15s -Gd, sel £1 16s 3d; 1 Royal Bank (£4 paid)—buy. £6 15s; Royal Bank of Australia—buy. £l4 7s Gd, eel. £l4 9s Gd; National Insurancebuy £3 10s; Now Zealand Insurance —buy. £1 ,g a eel £1 9s Gd; South British Insurance (ex div.)—buy. £1 17s 9d, sel. £1 18s 3d; Standard Insurance—buy. £1 1E» 6d, sel. £1 Gs Gd; Dalgety and Co; (cum div) —buy. £l2 12s Gd, sel. £l3; Goldsbrough, Mort—buy.’£2 6s 9d„ eel, £2 7s Gd; National Mortgage —buy. £3 IDs Gd; New Zealand Loan and Mercantile (ordinary stock) —buy. £Bl, sel. £BS; Adelaide Steamshipbuy. £1 4s; Howard, Smith—buy. £2 13s Gd. sed. £2 15s; Huddart, Parker —buy. £2 2s 9d; Huddart, Parker (6 per cent., cum p re f_)_buy. £1; P. and Q. Deferred Stock (cum div,)—buy. £347, sel. £355; Canterbury Frozen Meat —buy. £ls 15s, ael. £l6 2s Gd;. New Zealand Refrigerating (£1 paid)—buy. £1 5s 4d; New Zealand Befrieorating (10s paid)—buy. 13s sd, sel. 13s 7d; Taupiri Coal —buy £1 Is 3d, sel. £1 Is 8d; Westport Coal —buy. £1 19s, sel, £2; Ashburton Gascel. £5 ss; Christchurch Gas—buy. £7 19s; Crown Brewery—buy. £2 3s, sel. £2 5s Gd; Manning (cum div.)—sol. £4 18s 6d; Ward—sel. £1 16s 3d; Beath and Co.—sol. £1 11s; British Tobacco (Australia) —buy. £2 2s Gd. sel. £2 3s; Burns, Philp—buy. £1 15s; Canterbury Farmers’ Co-operative (6 per cent, pref. re div. only)—sel. £1 5s Gd; Colonial Sugar—sel. £49; Dental and Medical'Supply Co.—buy. £1 2s 9d; D.I.C. (7s Gd paid)—buy. 93 3d; D.I.C. (6 per cent., cum pref.)—buy. £1 Os Gd; Mason, Struthcrs (£1 paid)—buy. £1 3s Gd, sel. £1 Ss; Mason, Stmthera (14s paid)—buy. 15s Gd; > New Zealand Drug Company—buy. £3 '10s;- New Zealand Farmers’ Co-operative (£5 paid)—sel. £3; Now Zealand Farmers’ Co-oporativo (£2 paid)—sel. £1 ,4s; N.Z. Farmers’ Co-operative (1926, 7J per cent, bonds)—sel, £3B; New Zealand Milk Products—buy. £1 ss, sel. £1 7s; New ealand Sugar of Milk—buy, £1 11s Gd; Whitcombe and Tombs—buy.' £§ 14s 6d f eel. £3 16s;

B.A.W.R.A. —buy. 15s 6d: National Electric —ael. £1 10s; Mount Lyell—buy. £1 3a 3d, sel. £1 4s sd; Waihi Grand Junction—buy. 7s 9d.

Auckland.—Sales; War Loan (1938), £97 Bs; Auckland Harbour 6 per cent., £105; Rational Bank, £6 13s 6d; Bank of New Zealand, 60s 6d; Union Bank of Australia, £l4 8s 6d; Auckland Gas, 25s sd, 25s 6d; Huddart, Parker, 42s 6d, 435; P. and 0., £340; Kaiapoi Woollen, 22s 9d; Wilson’s Cement, 25s Sd’; New Waiolahi, Is, Is Id; Waihi, 275. Quotations: Bank .of Australasia, sel £l3 12s 6d, buy £l3 ss; Commercial Bank of Australia, buy 38s 6d; (pref.), ael £7 Is, buy £6 15s; National Bank of New Zealand, sel £6 14s, buy £6 12s; Bank of New Zealand, sel 60s 3d, buy 60s; P. and 0., buy £l3 ss; Union Bank of Australia, sel £l4 10s, buy £l4 7s 6d; National Insurance, sel 80s Gd, buy 78s; Bank of New Zealand, sel 29s 9d, buy 295; South British Insurance, sel 38s 3d, buy 375; Standard Insurance, sol 40s; Dalgety, buy £l2 10a;' Goldsbrough, Mort, buy 45s 6d; Hirer Plate, buy 21s 3d; Loan and Mercantile, sel £B7; (pref.), buy £75; Taupiri Coal, sel 22s 3d, buy 225; (pref.), buy 22s 9d; Waipa, sel 17s; Westport, sel 40a; Westport-Stockton, buy 4s 9d; Auckland Gas, sel 25s Gd, buy 25s 3d;, (con.), buy 25s 3d; Gisborne, buy 13s 6d; Dovonport Ferry, buy 265: Huddart, Parker, sel 43s 6d, buy 42s 6d; Northern, buy 14s; (con.), buy 6s 9d; Union Bank of Australia (prof.), buy 19s 9d; Kauri Timber, buy 26s 9d; Leyland, O’Brien, buy 355; Parker, Lamb, sel 265; Kaiapoi Woollen, sel 23a 3d, buy 22s 6d; (10s paid), buy 10s Gd; Abraham Williams, sel £8 7s 7d; (pref.), sel ■ 90s, buy 82s 6d; Burns, Philp, sel 36s 6d, buy 345; Bycroft, buy 21s 3d; Australian Sugar, sel £47, buy £44; New Zealand Drug Co., sol 545, buy -61 s; Milne, Choyce, buy 235; (pref.), buy 235; New Zealand Drug Debenture Stock, sel 235; Newton, King, sel 14s; (pref.), sel 17s 3d; Milk Products, sel 26s 6cT; New Zealand Refrigerating, buy 255; (con.), buy, 13s 3d; Wilson’s Cement, sol 23s 9d, buy 25s 7d; Moanatainri, sel 2s 10d. buy 2s; New Ivaiotahi, sel Is 3d, buy Is; Waihi. sel 27s 3d, buy 26s 6d; Grand Junction, sel 7s 6d, buy 7s Id; Auckland Gas Debentures ,(1932), ael £92; (1928), buy ' £lO2 10s; Auckland Harbour 6 per cent., buy £105; City of Auckland (1940), buy £98;‘(1943), buy £100; (1929), sel £92; Gisborne SKeepfarmers, buy £100; Macky, Logan, and Caldwell,' buy £101; Farmers’ Union Trading, .buy. £93; War Loans (1938), buy £97 ss; (1939),-. bxiy £97 ss; (1927), buy £97 10s; New Zealand i Inscribed (1927), sel £37 15s; (1929), sel £97, ‘•10a; (1938), sel £97 12s 6d, buy £97 ss; Soldiers’ Bonds, sel £lO2, buy £101; Inscribed, buy £lOl.