THE SHARE MARKET.

Otago Daily Times, Issue 19333, 20 November 1924, Page 9

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. A fairly buey day was experienced on the Dunedin Stock Exchange yesterday. Hank of Now Zealands continue to change hands a good deal, and a parcel was turned over at 59s Sd. It is some time since a parcel of Westport-Stocktons changed hands, but there was a sale of the preferential issue yeeterday at 5s 6d. A parcel of Electrolytic Zincs (def. ord.) also foundvai purchaser at 21s. Tills stock has been in a strong position lately. The contributing issue oi New Zealand Ecfrigeratings experienced a busy spell a short time ago, but since then there has been little activity. However, a parcel was turned over yesterday at 11s 9d. Sales were reported of 1938 and 1939 per cent. Bonds at £37 10s. Sales; Bank of New Zealand, 59s 9d; Westport-Stockton (pref.), 5s Gd; Electrolytic Zinc (def. ord.), 21s; New Zealand Kefrigerating (cont.), 11s 9d. Sales reported; per cent. Bonds (1938), £97 10s; 4i per cent. Bonds (1539), £97 10s. The following are yesterday afternoon’s buying and selling quotations, which are subject to the usual brokerage; BANKING. Bank of' Australasia—Buy £l3, sel £l3 ss. Bank of New Zealand—Buy 59s Gd, sel 60s. Commercial Bank—Buy 30s 3d. National Bank—Buy £6 13s 3d, sel £6 14s Cd. P. and O. Bank—Sel 475. Union Bank (rights)—Buy 475. QEEWEKIES. Crown Brewery—Bay 43s 6d. Manning and Co. —Buy 32s Gd. N.Z. Breweries (Ltd.), Debs —Buy 21a Cd, N.Z. Breweries (Lid.), Stock—Buy 21s 3d, sel 21s 9d. • Ward and Co. —Buy 495. INSURANCE. National Insurance Co.—Buy 69s 3d, sel 725, N.Z. Insurance Co.—Sel 30s. South British Insurance Co.—Sel 435. Standard Insurance Co.—Buy 41s. SHIPPING. Howard Smith—Sel 355. Huddarl, Parker (ord.) —Buy 42s 3d, sel 43s Gd. Huddart, Parker (pref.)—Buy 20s, sel 20s 4d. P. and O. Deferred Stock—Buy £295, sel U.S.S. Co. (pref.)—Buy 20a. COAL. N.Z. Coal and Oil—Buy la 9d. Westport Coal (cum div.) —Buv 35s Td, sel 3Ca 6d. Westport-Stockton (ord.) —Sel 3s Gd. AVestport-Stockton (pref.)—Sel 5s 9d.

LOAN AND AGENCY. Goldsbrough, Mort (old) —Buy 47s 3d. Goldsbrough, Mort (new) —Buy 46s 3d. National Mortgage—Sel 78s. N.Z. Loan and H. (ord.) —Buy JESK). Perpetual Trustees—Buy 40s Gd. Wright, Stephenson (ord.) —Buy 2Ss. MEAT PRESERVING. Canterbury Meat —Buy £l3 10s. N.Z. Refrigerating (pd.)— Buy Ms 6d. N.Z. Refrigerating (cont.) —Buv 11s Bd, sel 12a. MISCELLANEOUS. Brown, Ewing (ord.) —Buy 28s. Brown, Ewing (pref.)—Buy 20s. D.I.C. (ord.) —Buy 4s 6d, prein. D.I.C. (pref.)—Buy 20a 3d. Dental and Medical Sup.—Sel 20s 6d. Dominion Rubber—Sel 22s 6d. Kaiapoi Woollen (ord.) —Sel 15s 6d. Kaiapoi Woollen (cont.) —Sel 7e 2d. Milburn Lime- and Cement —Sel 3Gs. M'Leod Bros.’ Soap—Buy £l3 10s. National Electric—Sel 19s Cd. N.Z. Drug Co. (rights)—Sel 6s. N.Z. Express (ord.) —Buy 17s 6d, eel 19s 6d. N.Zi. Express (pref.)—Sel 17s( 6d. N.Z. Hardware (ord.) —Buy 4s. N.Z, Hardware (pref.)—Buy 17s. N.Z. Malay Rubber —Buy 12s 6d. N.Z. Sugar of Milk —Buy 26s 6d. Otago Daily Times —Buy 70s. Whitcombe and Tombs—Sel 71a. MINING. Waihi—Buy 25s Gd, sel 2C-s 6d. Waihi Grand Junction—Buy is Id. Electrolytic Zinc (pref.)—Buy 275, eel 28s 6d. Electrolytic Zinc (def. ord.)—Buy 24s 2d, eel 23b. Mount Lyell—Buy 21s 7d, sel 225. Kawarau G.M. Co.—Buy 19a, ael 20s. WAR BONDS. 4J per cent. Bonds, 1938—Buy £97 7a 6d, sel £97 12e 6d. * 4 1 per cent. Bonds, 1939—8uy £97 7s 6d. 41 per cent. Inscribed, 1938—Buy £97 7s 6d. 41 per cent. Inscribed, 1939—8uy £97 7a 6d. 5J per cent. Soldiers’ Inscribed, 1933—Bu\‘ £lOl, sel £lOl 10s. NORTHERN EXCHANGES. (Pt» United Press Association.) The following business was done on 'Changes yesterday: Auckland. —War Loan (1930), £97 10s; New Zealand Inscribed (1929), £97 10s; Auckland Harbour 51 per cent, debentures, £9B 10s; Bank of New Zealand, 59s 9d, 60s; Northern Steam, 16s 6d; Milne and Choyco debenture stock, 22s 6d ; Union Oil Soap, 335. Wellington.—Wilson’s Cement, £1 19s. Christchurch. —Sale reported; New Zealand Refrigerating (con.), Ho 7d. Sales on ’Change: Royal Bank (£4 paid), £6 13s; Goldsbrough, Mort (new), 46s 6d, 475. Investors who have considered the Concrete Products (Ltd.) proposition are convinced that this company’s unit system of reinforced concrete construction will solve New Zealand’s building problem and that tremendous business is ready and waiting. They are proving their confidence in the project by subscribing freely for shares. Don’t confuse this system with blocks or any other method of building. Gel a prospectus from W. \V. Fisher, 24“M 7 atcr street, Dunedin, or any branch of the Bank of New Zealand, ond see for yourself.—Advt.