THE SHARE MARKET

Otago Daily Times, Issue 18874, 29 May 1923, Page 9

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. j Bank of New Zealand shares, after having a sale at, 63s on the Dunedin Stook Exchange yesterday afternoon, continued to be Bought at that price with a seller 3d higher. The old issue of X'Jew Zealand Paper Mills, quoted ex dividend, were sold at 24s 9d, and there was also n sale of Wn-ihis at 25s 3d. A sale was reported cf New Zealand Refrigerating shares at 13s 6d, and on ’Change there was inquiry at 13s 4d with a seller at X3s 9d. Westport Coals were sought at 39s sd, the market closing with a4d margin. ■ Sales; Waihi, 25s 3d: Bank of New Zealand, 635; New Zealand Paper Mills (ord., ex div.), 21s 9d. 1 Sale reported: New Zealand Refrigerating (con.), 13s 6d. The following are yesterday afternoon’s buying and selling quotations, which arc subject to the usual brokerage:— I BANKING. Bank of Australasia—Buy £l3 10s. Bank of N.S. Wales (ex div.)—Buy £4O. i Bunk of Now Zealand —Buy C3s, sel C3s 3d. National Bank —Buy £6 14s 3d. ‘ I P, and O. Bank—Buy £ls. Union Bank—Buy £l4 13s 6d. INSURANCE. National Insurance Co.—Sel 70s Gd. N.Z. Insurance Co—Buy 2.9 s Md, sel 30s 2d. South British Insurance Co.—Buy 395, sel 40s. Standard Insurance Co.—Buy 3Ss, sel 39s 3d. SHIPPING. Howard Smith—Buy 53s 6d, eel 55a 6d. Huddurt, Parker (ord.)— Buy 43» 6d, sel 445. P. and O. Deferred Stock—Buy £330, sel £345. U.S.S, Co. (pref.)—Buy 20s 6d. COAU. Westport Coal Co. —Buy 39s 6d, sel 39a 9d. Westport-Stoukton (ord.)— Buy sa.

LOAN AND AGENCY. Dalgety and Co. —Buy £l2 ss. Goldsbrough, Mort—Sel 49s 6d. National Mortgage—Buy 81s 6d, sel 83s. N.Z. Loan and M. (ord.) —Buy £7B, sel £B4. N.Z. and River Plate—Buy 21a 3d. Perpetual Trustees —Buy 375. Trustees, Ex. and Agency—Buy 50s. Wright, Stephenson (ord.) —Buy 275. Wright, Stephenson (pref.)—Sel 17s. MEAT PRESERVING. N.Z. Refrigerating (pd.)—Buy 25s 6cl. N.Z. Refrigerating (con.) —Buy 13s 4d, sel 13s 9d. South Otago Freezing—Buy 90s. MISCELLANEOUS. . Brown, Ewing (ord.) —Buy 275. r Brown, Ewing (pref.)—Buy 20s 6d. D.I.C. (prof.)—Buy 20s 6d. Dental and Medical Sup.—Sel 21s. Dominion Rubber—Sel 21s. Dunedin Stock Exchange Propty.—Buy 445. Dunlop Rubber—Buy 24s 3d. \ Kaiapoi Woollen (ord.) —Buy 23s 9d, sel 24s 2d. Kaiapoi Woollen (con.)—Buy 11s 6d, eel 12s id. Kaiapoi Woollen (pref.)—Buy 21s 9d. Milburn Lime and Cement—Buy 355. Mosgiel Woollen Co. —Buy £7 6s. •M'Gavin and Co. —Buy 355. M’Lcod Bros.’ Soap—Buy £l6 ss. National Electric—-Sel 20s 9d. N.Z. Drug Co.—Buy 645. N.Z. Express (pref.)—Buy 14s Gd. N.Z. Hardware (pref.)—Buy 15s. N.Z. Daper Mills (ord., ex div.) —Buy 24s 6d, sel 255. N.Z. Sugar of Milk—Sel 32s 9d. Otago Daily Times—Buy 555. Papuan Products—Sel Is. Smith and Smith (pref.)—Buy 19s 3d. Ward and Co. (brewers) —Buy 475, sel 50s. Wilson’s (N.Z.) Cement—Buy 265, sel 26s 9d. MINING. Waihi—Buy 255, sel 25s 9d. Wajhi* Grand Junction—Buy 7s sd, sel gs, "Mount Lyell—Buy 24s 63, sel 24s 9d. WAR BONDS. 44 per cent. Bonds, 1930—Buy £97 10s. 41 per cent. Bonds, 1933—8uy £97 12s 6d, sel £9B. 4i per cent. Bonds, 1939—8uy £97 12s 6d, sel .£9B. 5i per cent. Soldiers’ Bonds, 1933—8uy £lO2 Ss. 4) per cent. Inscribed, 1938—Buy £97 10s, sel £9B. 44 par cent. Inscribed, 1939—8uy £97 10s. 54 per cent. Soldiers’ Inscribed, 1933—8uy £lO2 ss. ' 5 per cent. Postal Bonds, 1927—8uy £97 15s. 5 per cent. Postal Bonds, 1929—8uy £9B. \NORTHERN EXCHANGES. (P«u» Unx'xxp Fexss Association.) The following business was don© on ’Changes yesterday; Auckland.—Sales: Bank of Australasia, _,,3 13s; Bank of New Zealand, 635; Milne Choyce debenture, 245; Refrigerating (con.), 13s 6d; Wilson’s Cement, 26s , 6d; Waihi, 25s 3d. Quotations: Bank of Australasia, sel £l3 15s, buy £l3 10s; Commercial Bank of Australia, buy 38s 9d; (pref.), £7; National Bank ot New Zealand, buy £6 18s; Bank of N.S. Wales, £4O 10s; Bank of New Zealand, sol 63e, buy 62s 9d; P. and 0., buy £l4 ss; Union Bank of Australia,, sel £l4 16s; National Insurance, sel 795; New Zealand insurance. sel 29s 9d, buy 29s 6d; s South British, eel 39s 6d, buy 38s 9d; Standard Insurance, eel 40s, buy 38a; River Plate, sel 22s 6d, buy ■ 225; Loan and Mercantile, sel £B2, buy £7B; \ (pref.), £75; Hikurangi Coal (pref.), buy 14s; Taupiri, sel 20a 3d, buy 18s 9d; (pret.), 23s 6d; Westport, buy 395; Westport-Stockton, eel 6s, buy ss; (pref.)) 8a; Devonport Ferry, eel 27s 9d, buy 26s 3d; Huddart, Parker, sel 445, buy 435; Northern Steam, buy 14s 3d; (con.), sel 7s 6d, buy 7s; P. and 0., sel £345, buy £320; Union S.S. Co. (pref.), buy 20s; Kauri Timber, sel 295, buy'2Bs 6d; Leyland, O’Brien, buy 355; Parker, Lamb, sel 275, buy 25s 9d; Kaiapoi Woollens, ael 24s ' 3d, buy 235.3 d; (10s paid), sel 12s 3d, buy 11s 4d; Mosgiel Woollen, buy £7 2s Gd; Abraham Williams, sel 85s; (pref.), sel £5; Associated Oil, sel 12a; Bycroft, : s£l‘22s 6d, buy 2ls 3d; Australian Sugar, buy £4B; Dental and Medical Supply, sel £2l; New Zealand Drug Co., buy G4s; Milne, Choyce, „buv 23s 6d; (pref.), buy 23s 6d; B (pref.), buy 23a 6d; Debenture, eel 24s 7d, buy 23s 6d; Newton, King (pro!.), buy 17s 3d; New Zealand Express Co., sel [ 17s; Homo Builders, sel 13s 6d, buy 12b ; Milk Products, sel 265; Paper Mills, sel 26s 3d, buy 25s 3d; New Zealand Refrigerating, buy 25s 3d; (con.), sol 13s 7d, buy XSs 3d; Kauri Oils, sel 8s; (con.), sel 3s Gd; Wilson’s Cement, ael 36s 6d, buy 26s 3d; Moanataiari, eel 3s 4d; New, Waiotabi, sel Is, buy 10d; Waihi, sel 25s 6d, buy 255; Grand Junction, sel 7s lOd, buy 7s 4d; Auckland Gas debentures (1932), buy £88; (1928), buy £103; Auckland Harbour Board 4 per cent., sel £B4; 4| per cent., sel £95; 6i per cent., sel £IOO, buy ,£9B; Si per cent., buy £100; 54 per cent., buy £100; 6 per cent., buy £l5O 10s; Auckland City (1940), buy £9B; (1943), buy £100; (1937), sel £99; (1929), buy £95; Devonport Borough, sel £lO5 10s; Mount Eden, buy £lO4 10s; Canterbury Farmers’ Co-op., sel £99; Maxwell, sel £lO3, buy £101; Gisborne Sheepfarmers, sel £lO2, buy £100; Macky, Logan, and Caldwell, buy £lOl ss; Farmers’ Union Trading, buy £94; War Loans (1930), buy £97 7s 6d; (1938), sel £9B, buy £97 10s; (1939), sel £9B, buy £97 10s; (1941), buy £97; (1927), buy £9B; New Zealand Inscribed (1927), buy £9B; (1928), buy £97 ss; (1938), sel £9B, buy £97 10s; (1930), sel £9B, buy £97 7s 6d; Soldiers’ Bonds, sel £lO2 ss, buy £102; Soldiers’ Inscribed, buy £lO2. Christchurch.—Sales reported: Government 54 per cent. (1933), £lO2 7s 6d; Crown Brewery, £2 10s 6s; Manning’s Brewery, £5 12s 6d; Ward's Brewery, £2 6s; £2 7s. Sales; New Zealand Insurance, £1 10s; Goldsbrough, Mort, £2 8s 6d; Crown. Brewery, £2 10s 6d, £2 lls 3d, £2 11s 6d; Manning’s Brewery, £5 I2s Cd. Quotations: New Zealand Government Debentures, 4J per cent. Inscribed (1938), buy £97 15a, sel £9B 2s; New Zealand Government Debentures 5 per cent. Inscribed (1927), buy £9B; New Zealand Government Bonds (1927), buy £9B, sel £9B 10s; New Zealand' Government 51 per cent. Bonds (1933), buy £lO2 2s 6d, sel £lO3 10s; New Zealand Government Bonds (1933), buy £.102 ss; New Brighton Borough 6 per cent. (1958), buy £lO3 10s; Bank of Australasia, buy £l3 10s; Commercial Bank of Australia, sel £1 19s; Commercial Bank of Sydney, buy £26; National Bank of Now Zealand, buy £6 14s, sel £6 14s; Bank of New South Wales (cum div.), buy £4l 10s, sel £43 10s; Bank of New Zealand, buy £32, sel £33; Bank of New Zealand (two months delivery), sel £3 4s; Royal Bank (£1 paid), buy £1 16s; Royal Bank (£4 paid), buy £7; Union Bank of Australia, buy £l4 14s; National Bank of Australasia (rights), buy £3 10s; National Insurance, sol £4; New Zealand Insurance, sel £1 10s; Standard Insurance, buy £1 17s; Dalgety and Co., sel £l2 15s; Goldsbrough, Mort, buy £2 6s, sel £2 8s; National Mortgage (London register), sel £4; Permanent Investment, buy £9 7s 6d; Howard Smith, buy £2,14s 3d, sel £3 14s 9d; Huddart, Parker, buy £2 3s 6d, sel £2 4s 6d; Now Zealand Shipping Co. (6 per cent., cum pref.), sel £9 10s; Union S.S. Co. (5j per cent., cum pref.), buy £1 0s 9d; Canterbury Frozen Meat, buy £ls 18s, sel £l6 Ss; Canterbury Frozen Meat (6 per cent. cum. pref.), buy £5; New Zealand Refrigerating (£1 paid), buy £1 5s 4d; New Zealand Refrigerating (10s paid), buy 13s 4d, sel 13s 6d; Westport-Stockton Coal, buy 5s 3d; WestportStockton (8 per cent, non-oum pref.), buy 8s ; Kaiapoi Woollens (10s paid), buy lls 3d; Christchurch Gas, buy £8 7s 6d, sel £8 lls; Crown Breweries, buy £2 10s 6d, sel £2 lls; Manning and Co., buy £5 10s; Ward and Co., buy £2 ss. ael £2 6s; Kauri Timber (cum. div.), buy £l. Fs 3d, sel £1 8s 9d: Beath and Co., buv £1 12s 6d; Beath, Scheiss, buv 16s 9d, ael 18s; Burns, Philo, buy £l. lls 3d, sel £1 lls 9d; Canterbury Formers’ Co-op (6 per cent., pref, re div. only), buy £4; Dental and Medical Suoply. buy 18s Cd, sel £1 Is; D.I.C. (7s 6d paid), buy 9s 3d: D.I.C. (10s paid), buy 12s 3d; Glenmore'Brick and Tile, buy 18a 6d; Henry Jones Co.-op, buy £2 7s 6d; Mason. Strutters (£1 paid), buy £1 4s 6d; New Zealand Sugar of Milk, sel £1 14s; Whitcombe and Tombs, sel £3 15s 6d: Electrolytic Zinc (rights), buy Hs 9d, sel 12s 2d; Mount Lyell (cum div.), buy £1 4s Is; Waihi Grand Junction, buy 7s 4d.