THE SHARE MARKET

Otago Daily Times, Issue 18898, 26 June 1923, Page 9

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. Bank o£ New Zealand shares, which were sold at 61s 9d on. the Dunedin Stock Exchange yesterday morning, were again sought ct that price in the afternoon, when the lowest selling quotation was 623. South British Insurances were released at 39s 9u, hut New Zealand Insurances were not available at 30s. National Insurances, after having a. reported sale at 80s, were sought at 79s 6d without attracting a seller. P. and O. Deferred Stock was turned over at £335, the market closing with a £lO margin, and Wilson's Cements, which were sold at 26s 9d, were available at 275, with no buyer Sales; Bank of New Zealand, 61s 9d; South British Insurance, 39s 9d; P. and 0. Deferred Stock, £335; Wilson’s Cement, 26s 9d. Sales reported: National Insurance, 80s; Manning’s Brewery, £6 12s 6d. The following are yesterday afternoon’s buying and selling quotations, which are subject to the usual brokerage:— BANKING. Bank of Australasia—Buy £l3 15s, sel £l4. Bank of N.S. Wales—Buy £4O ss. Bank of New Zealand—Buy 61a 9d, sel 625. National Bank—Buy £6 19s 6d, sel £7 Is.* P. and O. Bank —Buy £l4 15s, sel £ls sa. INSURANCE. National Insurance Co.—Buy 79s 6d. N.Z. Insurance Go.—Buy 30s. South British Insur. Co.—Sel 40s. Standard Insurance Co.—Buy 365. SHIPPING. Huddart, Parker (ord.)—Buy 43s Ed, ael 44s 6d. P. and O. Deferred Stock—Buy £330, eel £340. U.S.S. Co. (pref.)—Buy 30s 4d, sel 20s 9d. COAL. Westport Coal Co.—Buy 40a, sel 40s 3d. Westport-Stockton (ord.)—Sel 6s 9d. Weatport-Stockton (pref.)—Buy 8s Sd, sel 9s 9d. LOAN AND AGENCY. Goldsbroush, Mort —Sel 495. National Mortgage—Buy 82s 9d. Perpetual Trustees—Buy 375. Trustees, Ex., and Agency—Buy 51s. Wright, Stephenson (ord.) —Buy 30s. Wright, Stephenson (pref.)—Buy 17s. MEAT PRESERVING. Gear Meat Co—Sel 4Gs. N.Z. Refrigerating (paid)—Sel 265. N.Z. Refrig, (cont.) —Sel 13s 6d. South Otago Freezing—Buy 89s, eel 925. Brown, Ewing (ord.) —Buy 28s. Brown, Ewing (pref.)—Buy 20s 6d, Bruce Woollen Co. —Sel 37a 6d. Crown Brewery—Buy 51s 6d, sel 565. D.I.Q. (pref.)—Buy 20s 3d. Dominion Rubber—Sel 20s Donaghy’s Rope and Twine—Buy 38a. Dunedin-Kaikorai Trams—Buy 25a 6d. Dunedin Stock Ex. Propty.—Buy 445. Kaiapoi Woollen (cont.)— Buy 11a 3d, sel 12s 3d. Kaiapoi Woollen (pref.)—Buy 225. Manning’s Brewery—Buy £G 8s 6d, eel £6 12s 6d. Milburn Lime and Cement—Sel 365. M'Leod Bros.’ Soap—Buy £l6 lus. National Electric —Sel 20s. N.Z. Drag Co.—Buy 655, sel 65s 9d. N.Z. Hardware (ord.) —Sel 8s 6d. N.Z. Hardware (pref.)—Buy 15s. N.Z. Paper Mills (ord.)—Buy 245, sel 255. N.Z. Sugar of Milk—Sel 3s. Otago Daily Times—Buy 555. Papuan Products—Sel Is. Ward and Co. (brewers). —Sel 455. Whitcombe and Tombs —Sel 745. Wilson’s (N.Z.) Cement—Sel 275. MINING. Nokomai Hydraulic—Sel 3s. Waihi—Buy 25a 3d, sel 265. Waihi Grand Junction—Buy 6s 6d, eel 7s 3d. Electrolytic Zinc—Sel 31s. Mount Lyell (ex div.) —Sel 245, WAR BONDS. 4i per cent. Bonds, 1930—gel £97. 4J per cent. Bonds, 1938—Sel £97 4£ per cent. Bonds, 1939—5 el £97. Si per cent. Soldiers’ Bonds, 1933—8uy £lOl 10s. 4J per cent. Inscribed, 1938—Sel £97. 4 1 per cent. Inscribed, 1939 —Sel £97. 5J per cent. Soldiers’ Inscribed, 1933 —Buy £lOl ,10s, sel £lO2 ss. 5 per cent. Postal Bonds, 1927 —Buy £9B 7s Gd. 5 per cent. Postal Inscribed, 1927—8uy £9B 7s Gd. 5 per cent. Postal Bonds, 1929—8uy £9B 7s 6d. 5 per cent. Postal Inscribed, 1929—JtSuy £9B 7s 6d. * Odd parcel. NORTHERN EXCHANGES. (Peb United Phesb Association.) ' The following business was done on ’Changes yesterday; Auckland. —Sales. Auckland City 4jj per cent, debentures, £9l 10s; Bank of New Zealand, 61s Gd; National Insurance, 80s; New Zealand Insurance, 30s 3d, 30s 6d; Auckland Gas, 275; Huddart, Parker, 445; Kaiapoi ■Woollen, 23s 3d; (pref.), 11a 9d; Union Oil, 32s 6d; Wilson’s Cement, 26s 9d; Waihi, 25s Cd. Wellington.—Sales: Bank of New Zealand, £3 Is 6d; Wilson’s Cement, £1 8s; Huddart, Park (ord.), £2 4s 9d; ‘Ward and Co., £2 4s. Christchurch. —Sales; Ward’s Brewery, £2 4s 6d.