THE SHARE MARKET

Otago Daily Times, Issue 18855, 7 May 1923, Page 7

THE SHARE MARKET

DUNEDIN. STOCK EXCHANGE. A quiet, tone prevailed on the Dunedin Stock Exchange on Saturday morning. A. parcel of Wilson’s (N.Zi.) Cements had inquiry at 25s 3d with no seller after a parcel had changed hands at that figure, and 37s 6d was offered, without response,, for South British Insurance which had) a reported sale at 37s 9d. Westport Coals were available at 39s 3d without attracting a seller higher than 38s 6d, while £6 14» was offered for National Banks, the market closing with a 6d margin. Sale; Wilson’s Cement, 25s 3d. Sale reported: .South British Insurance, 37s 9d. The following are Saturday’s buying .and selling quotations, which are subject to the usual brokerage:— BANKING.' Bank of Australasia—Buy £l3, 7s 6d. Bank of N.S. Wales—Buy £3B 17s Gd. Bank of New Zealand—Buy 60s, sel 60s 3d. National Bank—Buy £6 14s, sel £6 14s 6d. P. andi 0. Bank—Buy £l3 17s 6d, sel £ll ss. Union Bank—Buy £l4 10s, sel £l4 12s 6d. INSURANCE. National Insurance Co.—Buy 80s 6d. N.Z. Insurance Co. —Buy 29s 7d, sel 30s, South British Insurance Co.—Buy 37s 6d. Standard Insurance Co. —Buy 36s 9d. SHIPPING, Huddart, barker (ord.)—Buy 435, sel 43s 9d. Huddart, Parker (pref,)—Buy 19s lOd. P. and O. Deferred! Stock —Buy £330, sel £345. U.S.S. Co. (pref.)—Buy 20s. COAL. N.Z. Coal and Oil—Buy 2s lOd. Westport Coal Co. —Buy 38s 6d, sel 39s 3d. Westport-Slockton (ord.)—Buy 4s lOd, sel 5s 2d. Westport-Stockton (pref.)—Buy 7s 6d. LOAN AND AGENCY. Dalgcly and Co.—Buy £l2 ss. Goldsbrough, Mart—Buy 46s 9d. National Mortgage—Buy 80s. N.Z. Loan and M. (ord.)—Sel £B6. N.Z. and River Plate—Buy 21s 6d. Perpetual Trustees —Buy 375. Trustees, Ex. and Agency—Buy 49s 6d. Wright, Stephenson (ord.)—Buy 275, Wright, Stephenson (pref.)—Sel XBs 6d.

MEAT PRESERVING. . Canterbury Meat—Sei £l6. Gear Meat Co.—Sel 45a 6d. N.Z. Refrigerating (pd.)—Buy 25s 3d, sel 26s 3d.

X.Z. Refrigerating (con.) —Buy 13a Id, sel 13s 6d. Southland Frozen Meat (ord.)—Buy 29s Gd. South Otago Freezing—Buy 87s 6d, sel 925.

MISCELLANEOUS. Brown, Ewing (ord.) —Buy 27s 9d. Brown, Ewing (pref.)—Buy 20s 3d. Colonial Sugar—Buy £45. D.I.C. (pref.)—ißuy 20s. Dominion Rubber—Buy 20s 3d, sel. 215.. Dunedin-Kaikorai Trams—Buy 24s 6d, Dunedin Stock Exchange Proptyi—Buy 445. Dunlop Rubber —Buy 235. Kaiapoi Woollen (ord.) —Buy 235, sel 24s 3d, Kaiapoi Woollen (con.) —Buy 11s, sel 12s 3d. Kaiapoi Woollen (pref.)—Buy 21s 3ft. ■ . Hilburn Lime and Cement —Buy 35s 9d, sel 365. Mosgiel Woollen. Co.—Buy £7. M'Leod Bros. Soap—Buy £ls 15s. National Electric—Sel 21s 3d. •N.Z, Drug Co. —Buy 635. N.Z. Hardware (pref.)—Buy 14s. N.Z. Paper Mills (old issue) —Buy 25s 3d, ssl 26s v N.Z. Sugar of Milk—Buy 32s 6d, sel 38s- Gd. Otago Daily' Times—Buy 525. Smith and Smith (pref.)—Buy 19s. Wliitcombe and Tombs—Buy 745. Wilson’s (N.Z.) Cement —Buy 25s 3d. MINING. Waihi—Sel 265. Electrolytic Zmc—Buy 325. Mount Lyell—Buy 23s lOd, sel 24s Gd. WAR BONDS. 4J per cent. Bonds, 1930—Buy £97. 44 per cent. Bonds, 1938—Buy £97 ss. 4J per cent. Bonds, 1939—8uy £97 6s. 54 per cent. Soldiers’ Bonds, 1933— 8uy £lOl 7a Gd. 4J per cent. Inscribed, 1938 Buy £97 6s. < 44 per cent. Inscribed, 1939—8uy £97 Sa, sel £9l 12s Gd. 54 per cent. Soldiers’ Inscribed, 1933—8uy £lOl 2a 6d. 5 per cent. Postal Bonds, 1927 —Buy £97 10s., 5 per cent. Postal Inscribed, 1927—8uy £97 ios. , . , . 5 per cent. Postal Bonds, 1929 —Buy ■ £97 10s. 6 per cent. Postal Inscribed, 1929—8uy . £97 10s. NORTHERN EXCHANGES. (Pee United Peess Association.) The following business was done on ’Changes on Saturday: Auckland. —Sales; Hnddart, Parker (ord.), 42s 9d; Kauti Timber, 27s 9d; Milne and Choyce debenture stock, 235; New Waiotahi, Is Id; Waihi, 275. Christchurch.—Sales reported: Goldsbrough, Mort, £2 7s 6d; New Zea-and Sugar of Milk and Casein ’ Company, £1 12s (>-*; New Zealand Government’ 44 per cent. (1938), £97 7s Gd. Sale: New Zealand Government 5J per cent. Inscribed Stock (1933), £lOl 15s. LONDON SHARE MARKET. Press Association —By Telegraph—Copyright. LONDON, May 4. • Waihi shades are , quoted at 24s 4d and 25s 7d. buyer and seller' respectively.—A, and N.Z. Cable.