THE SHARE MARKET.

Otago Daily Times, Issue 19737, 13 March 1926, Page 13

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. A feature of the Dunedin Stock Exchange during the past week has been a considerablj improvement in Dominion Rubbers. Whereas 53a 3d was offered a week ago, buyois will now give 56s 6d. A sale was reported yesterday at 575. Sales have been effected during the week at 65s 6d and 56s 6d. Malays, too, are better, but the offer of 43s made yesterday failed to attract a seller. Bank of New Zeaiands are still turner with inquiry at 59s 3d, sellers asking only threepence more. There was a small turnover during the v eek at 50s Nationals are a little weaker, the closing quotations being £6 14s (buyer) and £6 14s (3d (seller). A sale was effected early in the week at the latter price. E.S, and A. Banks have been quoted, the latest quotations being £7 14s and £7 17s Gd. , , New Zealand Breweries shares have weakened, and sellers are asking 9d last week’s closing offer from buyers. There was no inquiry early in the week, but yesterday a buyer quoted at 55s 9d. The offer for Debentures is 25s 9d, sellers asking 2Cs. Mannings are experiencing a, better demand, but there was no response to the buying quotation of 42s yesterday. There are no immediate sellers of insurance stocks. South British are stronger, buyers offering 565. Huddart, Parkers can bo had 'at 46s 3d, but buyers will not give more than 45s 9d. Union Steams are on offer at 20s 3d without inquiry. . , . Westport Coals have had further turnover at 345, the present offering being 33s lOd. The demand for N.Z. Refrigerating prds has dropped back to 17s 6d, sellers asking 18s 6d. The contributing issue has also decreased in value. Kaiapoi Woollen ords are still wanted at 10s, sellers asking 10s 3d. Sellers of Taper Mills are holding off at 21s 6d, and an offer of 20s lOd is made. Otago Daily limes are wanted at 81s without reply. There have been transactions in liawaraus at 6s, and the closing quotations were 5s lid and 6s Id. St. Balkans have fallen off in value, and sales of the A issue were effected yesterday morning at 2s and Is lOd premium. In the afternoon there was no inquiry, sellers of the A’s asking 3s and of the Bs 33 Soles: St. Eathans (A issue)—2s, la lOd (prem.). . . Sale reported: Dominion Rubber 575. The following are yesterday afternoon a buying and selling quotations, which are subject to the usual brokerage;— BANKING. Bank of New Zealand—Buy 59s 3d, sel 59s Cd, Commercial Bank—Buy 295. National Bank —Buy £6 14s, sol £6 14b 6d. National Bank of Aust. (cont.) Buy ±8 17s breweries. Manning and Co.—Buy 425. N.Z. Breweries, Ltd.—Buy 55s 9d, sel 56s 9d. N.Z. Breweries, Ltd., Debs. Buy 25s 9d, sel 265. _ , N.Z Breweries, Ltd., Stock—Sel 2Cs. Ward and Co —Buy 41s 6d, sel 46s 6d. Staples—Buy 365, sol 37s 9d. INSURANCE. National Insurance Co.—Buy 78a. N.Z. Insurance Co. —Buy 38s. South British Insurance Co.—Buy 565. Standard Insurance Co.—Buy 495. SHIPPING. Huddart, Parker (ord).— Buy 45s 9d, sel Parker (pref.)—Buy 20s 6d. P and O. Deferred Stock—Buy £222 10s, sel £240. „ , , U.S.G. Co. (pref.)—Sel 20s 3d. COAL. Westport Coal Co.-Buy 33s lOd, sel 34s 3d. Westport-Stockton (pref.)—Buy Is 6d, eel ° 3 ‘ LOAN AND AGENCY. Goldsbrough, Mort—Buy 475, sel 47s 6d. N.Z. Loan and M. (ord.)— Buy £93. N.Z. and River Plate —Buy 21s 3d. Perpetual Trustees—Buy 50s. MEAT PRESERVING, Gear Meat Co. —Sel 41s. , N.Z. Refrigerating (pd.)—Buy 17s 6d, eel 18s 6d. , _ „ „, . N.Z. Refrigerating (cont.)— Buy 8s 3d, sel 8S 10d ‘ MISCELLANEOUS. Brown, Ewing (ord.)— Buy 29s 3d. Brown, Ewing (pref.)—Sel 20s 9d. Colonial Sugar—Sel £53 10s. D.I.C. (ord.)— Buy 6s 9d prem. D. 1.0. (pref.)—Buy 20s 3d. Domimor Rubber—Buy 56a 6d, sel 58s. Dunedin-Kaikorai Trams— Buy 29s 9d. Eclipse Petrol—Sel 15s. Kaiapoi Woollen (ord.)— Buy 10a, sel 10s 3d. Milburn Lime and Cement (ex. div.)—bel Bros. Soap—Buy £22 10s. National Electric—Sel 19a 6d. N.Z. Drug Co.—Buy 675, sel 68s. N.Z. Drug Co. (paid)— Buy 58s 6d. N.Z. Drug Co (cont.)— Buy 8s 6d. N.Z. Express (ord.)— Buy 22s 6d. N.Z. Express (pref.)—Buy 17s 3d. N.Z. Guarantee Corp.—Buy 9s, sel 9s 6d. N.Z, Hardware (ord.) —-Buy 10s 9d, sel lls gd“ N Z. Malay Rubber (ord.)-— Buy 435, N.Z Milk Products—Sel 32s 6d. N.Z. Paper Mills (ord.)— Buy 20s lOd, eel 21s 6d. Otago Daily Times—Buy 81s. Wilsons (N.Z.) Cement—Sel 378. MINING. Kawarau G.M. Co.—Buy 5s lid, sel 6s Waihi—Buy 22s 6d. Electrolytic Zinc u>ref.)— Buy 34s lOd, sel 3 °B’ect*rolytio Zino (ord.)— Buy 33s 6d, eel 34s 6d Mount Lyell—Buy 25s Id, sel 25s Bd. Mount Isa—Buy 21s, eel 22s 6d. St. Balkans (A issue)—Sel 8s prem. St. Balkans (B issue)—Sel 3s 3d prem. WAR BONDS. 44 per cent. Bonds, 1930—Buy £96 10s. 4j per cent. Bonds, 1938—Buy £95 15s, sel £96. oj per cent. Soldiers’ Bonds, 1933 —Buy £99 10s. 4J per cent. Inscribed, 1938—Sel £96 2s 6d. 5J per cent. Soldiers’ Inscribed, 1933 — Buy £99 15s, sel £IOO. 6 per cent. Postal Bonds, 1927—8uy £9B 7s 6d • 5 per cent. Postal Inscribed, 1929 —Buy £97. NORTHERN EXCHANGES. (Per United, press Association.) The following business was done on ’Charges yesterday: Auckland. -Sales: New Zealand Insurance, 38s 9d; Taupiri Coal (pref.), 24s (two sales); Auckland Gas, 22s sd; Northern Steamship, 15s 4d; Kawarau, 6s; New Waiotahi ;cont.), IJd Chaiatchurch.—Sales reported: National Bank vf New Zealand, £6 Us 3d; Bank of Victoria (ord.), £8 2s 6d; Northern Steam, 15a 4d; Kaiapoi Woollens, 10s Id; Christchurch Gas, 24s 6d; New Zealand Drug (cum. div.), 675. Sales; New Zealand Refrigerating (10s pd.), 8s 7d, 8s Gd (two parcels); New Zealand Breweries, 565.