THE SHARE MARKET.

Otago Daily Times, Issue 19498, 5 June 1925, Page 11

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. ? There was considerable activity on the Dunedin Stock Exchange yesterday when, busmens was done in several classes of stock and shares. National Bank (rights) were disposed of at 265, the market closing with, buyers at 25s 9d and .sellers at 265, 3cu Goldsbrough, Morts were also active, and one parcel changed hands at 47s 3d, tne hammer falling with a further inquiry at 475, but sellers demanded 47s 9d and no additional sales were recorded. Three lots of New Zealand Befrigerating Conte, were turned over at 9a 7d, the market closing with only a penny margin. Interest was well maintained in Dominion Rubbers, and a .sale was -recorded at 275. Nokomai Hydraulics were unusually active, and three parcels were disposed of at 3s. the market,i,U this case, also closing with a penny margin. There was a good demand for G-overnment stock of various descriptions, but sellers -did not quote. - 1 ■ Sales: National Bank (rights), 265; G-olda-brough Mort, 47s 3d; New Zealand Refrigerating cont.), 9s 7d (three); Dominion Rubber, 275; Nokomai Hydraulic Sluicing Company, 3s (three). . • i The following are yesterday afternoons buying and selling quotations, which are subject to the usual brokerage;— ■ BANKING. ■ Bank of Australasia —Buy £l4 ss. Bank of N.S. Wales—Buy £4l 2s- 6d. Bank of Now Zealand (old issue)— Buy BTb 9d, sel 58s. Bank of New Zealand (new issue) —Buy-669, 661 56s 9d 1 •' - * National Bank—Buy £6 9s, sel £6 11a. National Bank (rights)—Buy 25s 9d, sel 26s 3d. ' National Bank of Aust. (cont.) —Sel £B. : . Union Bank —Buy £l4 14s, sel £l4 16s. BREWERIES. Crown Brewery—Buy 345. N.Z. Breweries ;Ltd.) —Buy 39s Gd, sel 40s. N.Z. Breweries (Ltd.), Debs.— Sel 225. Ward and Co. —Sel 59b. INSURANCE. National Insurance Co.—Buy 70s, - sel 71a 6d. ■ ' N.Z. Insurance Co. —Buy 345, sol 355. South British Insurance Co.—Buy 48s. Standard Insurance Co. —Buy 425. SHIPPING. Howard Smith —Buy 345, sel 365. Huddart, Parker (ord.) —Buy 44s Gd, eel 44a 9d. ’ Huddart, Parker (pref.)—Buy 20s 6d, COAL. Westport Coal Co.—Buy 31a lOd, erf SSki.dd. Westport-Stockton (ord.) —Sel 3a Id. LOAN AND AGENCY. Dalgety and Co. —Sel £ls 10s. Goldsbrough, Mort —Buy 475, sel 47e 9d. ■ N.Z. Loan and M, (ord.) —Buy £94. ■ MEAT PRESERVING. ... N.Z, Refrigerating (cont.)—Buy 9a,Gd, del 9s 7d. . N.Z. Refrigerating (pd.)—Sel 20s, ■ MI SCELLANEOU S, > Brown, Ewing (ord.) —Buy 29s 31.' ! Brown, Ewing (pref.)—Buy 20s Gd. D.I.C. (ord.)— Buy 5s 6d prem.. D.I.C. (pref.)—Buy 20s 6d. Dental and Medical Snp.—Sel ISs. -... Dominion Rubber—Buy 275, sel 37a 6d; Kaiapoi Woollen (ord.) —Buy 12s, 3d, eel 13a 6d. _ ; Kaiapoi Woollen (cant.) —'Sel 5s Sd. Kaiapoi Woollen (pref.)—Buy 15e. 3d. Milburn Lime and Cement —Buy 33s 6d, _ . . Mosgiel Woollen Co, —Sel £6 Is. M‘Leod Bros.’ Soap—Buy £22 lfl«. National Electric—Sel 20s. N.Z. Drug Co. —Sel 66e. N.Z. Drug Co. ((now issue) —Buy Ss 3d prem. N.Z. Express (ord.)—Buy 255, sel 21s. N-Z. Hardware (ord.) —Buy 55., _ N.Z. Hardware (pref.)—Buy 14s 3d, seLl6a. N.Z. Malay Rubber —Buy 15s 6d. N.Z. Malay Rubber (pref.)—Buy 25a. N.Z. Paper Mills (ord.) —Buy 19s 4d. Otago Daily Times—Buy 68s. Sharland and Co. —Sel 225. Smith and Smith (pref.)—Sel 18s Bd. Wilson’s (N.Z.) Cement—Buy 31s 7d, ael 32s 6d. MINING. Nokomai Hyiuialic—Buy 3s, sel 3s Id. , Waihi—Buy 26s 9d, sel 27s 6di Wailii Grand Junction —Buy 9d. Electrolytic Zinc (pref.)—Buy K!s Id, sel Zinc (def. ord.)—Buy 26s lid, sel 27s Bd. , , Mount Lyell—Buy 21s 9d, sel 225. , Kawarau O.M. Co.—Sel 19s. WAR BONDS. -11 per cent. Bontls, 1930—Buy £96 15s. 41 per cent. Bonds, 1933—8uy £95 17s fid. il per cent. Bonds, 1939 —Buy £36 15e. 51 per cent. Soldiers’ Bonds, 1933—8uy 41 per cent. Inscribed, 1938 —Buy £96 15s. 5 per cent. Postal Bonds 1927—8uy £9B* 5 per cent. Postal Inscribed, 1937 —Buy £9B. NORTHERN EXCHANGES. (Feb United ,Bkess Association.! The following business was done on ’Changes yesterday: Auckland. —Sales: New Zealand Breweries debentures, 21s lid; National Bank (rights), 265; Bank of Now Zealand (new issue), 57e; New, Zealand Insurance, 34s 6d; Auckland Gas 23s 7d; Northern Steam, 13s; Now Zealand’ Farmers’ Fertiliser, 96s- Waihi, 275. Wellington. —Sales reported; Inscribed Stock (1933), £lOl 5s (cum div.); Union Bank oi Australia, £l4 15s. Christchurch. —Sales reported: .National Bank of Australasia (£lO paidl. £l6 4s 6d and £l6 2s 6d; Whitcombe and Tombs, 71s. THE NZ. GUARANTEE CORPORATION (LIMITED). ■ ’ At a meeting of directors hold on Mfty 28 the first allotment was made of the new share* offered to the public, and those who wish to participate in the issue ' will need to make early application for the balance of the shares. The directors anticipate paving a further 6 per cent, for the half year ending August 51, 1925, in which, the new shares will participate. That will make a total of 10 per cent, for the. year.— Advt.