THE SHARE MARKET

Otago Daily Times, Issue 18876, 31 May 1923, Page 9

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Business was again brisk on-’Change yesterday, when sales took plabe in several -■ ■ ■ classes of stock. Waihis were in demand at - - 25s 3d, sellers asking 25s Gd, but no business ■ resulted. A parcel of Mount Lyells changed hands at 24s 6d, the market closing with a•*< -i twopenny, margin. A parcel of Manning’s* ~ Brewery shares was turned over at £6, the ' , hammer falling with buyers at £o IBs and sellers at £6 Ss. New Zealand Loan and- • , Mercantile shares were knocked down at ifiSl, the market closing with buyers at £BO -' abd sellers at £B3. A sale of Bank of New ■: Zealands was' reported at 62s 9d. Government War Bonds were in demand at good J figures, but sellers were scarce and no busi* ness resulted.. ■ Soles: New Zealand Loan and. Mercantile* £81; Westport-Stockton (ord.), 5s Sd: Mannxng’a Brewei-y, £6; Mount Lyell, 24s 6d Sales reported: Bank of New Zealand*- 62s 9d. ■ ■ : ’ The following are yesterday afternoon’s buying and selling quotations, which are subject to the.usual brokerage:— • BANKING. ■ Bank of Australasia—Buy £l3 10s Bank of N.S. Wales—Buy £4O. . Bank of New Zealand—Buy 62s 6d, eol 62a 9d. ■ National Bank—Buy £6 14s 3d, sel £6 15s Union Bank—Buy £l4 14s. : INSURANCE. National Insurance Co.—Buy 765, ael 795. N.Z. Insurance Co.—Buy 29s 6d, sel 29s 9d. ■ ’ South British Insurance Co.—Buy 39s eel 80s Gd. ■ * ■ ■ v SHIPPING. ' Howard Smith—Buy 53s 6d, sel 55s 6d. Huddart, Parker (ord.)—Buy 43s 6d, ael 445, v Huddart, Parker (pref.)—Buy 19s Sd. v'i P. and O. Deferred Stock—Buy £335., ' ’ J U.S.S. Co. (pref.)— : Buy 20s 6d. ■ ' COAL. Westport Coal Co.—Buy 39s 3d, sel 40s. Westport-Stockton (ord.)—Buy 5s 4d. Westport-Stockton (pref.)—Buy 8s 6d, eel 9s. LOAN AND AGENCY. Goldsbrough, Mort—Buy 47s 6d, sel 49fi.- - National Mortgage—Buy 81s 6d, sel 83s" 6d. N.Z. Loan and M. (ord.) —Buy £BO, sel £B3. - N.Z. and River Plate—Buy, 21s 6d. 1 , • Perpetual Trustees—Buy 375. ■ i Trustees, Ex. and Agency—Buy 50s. . Wright, Stephenson (ord.) —Buy 28s. MEAT PRESERVING, . N.Z. Refrigerating (pd.)—Buy 255. N.Z. Refrigerating (con.) —Buy 13s 4d, ael 13s Bd. , Southland Frozen Meat (ord.) —Buy 29a. South Otago Freezing—Buy £4 10s, sel £4 • 15s. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 275. Brown, Ewing (pref.)—Buy 20s 6d. D.X.C, (pref.)—Buy 20s ed. Dominion Rubber —Buy 19s, sel 20s. Dunlop Rubber—Buy 255. Kaiapoi Woollen (ord.) —Buy 23a 6d, sel 245. ' Kaiapoi Woollen (con.) —Buy 11s 3d, sel 11a 9d. - / •• Milburn Lime and Cement—Buy 355. Mosgiel Woollen Co. : —Buy £7 7s. M'Gavin and Co.—Buy 40s. M’Leod Bros,’ Soap—Buy £l6 ss. • National Electric—Sel 20s. N.Z. Drug Co.—Buy 645. N.Z. Express (pref.)—Buy 14s 6d. N.Z. Hardware (ord.) —Sol 9s. N.Z. Paper Mills (pd.)—Buy 24s 3d, sel 24s 9d. , ' Otago Daily Times —Buy 555. Papuan Products—Sel lid. Whilcombe and Tombs—Sel 765. , Wilson's (N.Z.) Cement—Buy 26s 4d, eel 26s 6d. Ward and Co.—Buy 48s 6d, sel 50s. Crown Brewery—Buy S2s 6d, sel 555. Manning’s Brewery—Buy £5 15s, sel £S ss. MINING. Nokomai Hydraulic—Sel XOs. : Waihi —Buy 2Ss 3d, eel 25s 6d. Waihi Grand Junction —Buy 7s 6d, sel Bs. Mount Lyell—Buy 24s Gd, eel 24s Sd. WAR BONDS. ih per cent. Bonds, 1930—Buy £97 10s, sol £9B Ss. 41 per cent. Bonds. 1938 —Buy £97 12a 6d. ii per cent. Bonds, 1939—8uy £97 12s 6d. 5J per cent. Soldiers’ Bonds, 1933—8uy £lO2 7s 6d. 4J per cent. Inscribed. 1938—Buy £97 12s 6d, \ sel £9B. Ai per cent. Inscribed, 1939—8uy £97 12s 6d, : - sel £9B. per cent. Soldiers' Inscribed, 1933—-duy £lO2 7s 6d. 5 per cent. Festal Bonds, 1927—8uy £9B. 5 per cent. Inscribed, 1927—8uy £9B. ,■■■■■< 5 per cent. Postal Bonds, 1929 —Buy £9B. 5 per cent. Postal Inscribed, 1929 I —Buy £9B, NORTHERN EXCHANGES. (Per United Press Association.) ’I: The following business was done on, ’Changes yesterday:— '.v>‘ Auckland. —Sales: Soldiers' Inscribed 65 per cent., £lO2 ss; Auckland Gas 5 per cent., £9l; Auckland Harbour (1929), £95; Bank of . New South Wales, £4l; Bank of New ,Zealand, 635, 62a 9d; New Zealand Insurance, 29s ,3d; Taupiri Coal, 20s; Milne, Choyoe debenture, 345; Ward’s Brewery, 49s 6d;- . f Waihi, 25s 3d. : , Wellington.—Sales: Wellington Racing ,' Club, £lO7 10s; New Zealand Loan and Mer- .. cabtile (ordinary debentures). £BO. '■ -f‘; . Christchurch. —Sales; Goldsbrough, Mort, £2 8s 3d; Crown Brewery, £2 13s 3d (two parcels); Ward’s Brewery, £2 8s 9d. Soles reported: New Zealand Government 4j per * 1 cent. (1938), £97 17s 6d; New Zealand Government (1939), £97 7« 6d; Royal Bank (£4 ■ paid), £7 3s; Union Bank of, Australia, £l4 vliag 16s; Goldsbrough, Mort,'£2 8s 4d,’£3 8a 6d;,-t H Crown Brewery, £2 12s 6d (three parcels),'£2 13s, £2 14s; Manning’s Brewery, £5,165--‘ v: (two parcels), ' --AS