THE SHARE MARKET.

Otago Daily Times, Issue 19802, 29 May 1926, Page 13

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. All banking shares are firm on the .Dunedin Stock Exchange at present. Bank of Now Zealancls are the outstanding stock. At the end of last week they were wanted at 60s Ocl, but yesterday numerous transactions were effected at tils. On ’Change there were live sales at that price and six sales were reported. A steady inquiry has been made tor Bank of New South Wales at £45, and a sale was effected during the week at £45 6s. Commercials are wanted at 80s 9d, sellers asking 31s 3d. The inquiry for 'National Bank of New Zealancls has improved lo £0 Ills, but there are no immediate sellers. National of Australasias are ex dividend The ordinary issue are wanted at £l7 10s, and £8 15s is offered for contributing shares. Transactions in New Zealand Breweries at 69a 3d have been reported. At present 59s is offering, sellers asking 59s Gd. Buyers of debentures have offered 2(is 4d. National Insurances are in demand at 1 7s 6<l, sellers asking 80s. The - quotations for New Zealands are 39s 6d (buyer) arid 40s (seller). The inquiry for South British has improved to 56s 9d, and 53s 3d is offering for Standards. P and 0. Deterred Stock is in much bettor demand, and as much as £440 has been offered. Yesterday’s quotations were £235 (buyer) and £250 (seller). Coal and Oils are wanted at Is, at which price a sale has been reported. Weatports were ex dividend yesterday-, buyers offering 37s 3d. On Thursday a buyer quoted at 38s. Inquiry is being made tor V eslport-Stock-tons ords at Is 4d and for prefs. at 2s 6d, "Now Zealand Rcfngeratings (paid) are in .slightly better demand, yesterday s offer being 17s Gd. Sellers asked only 3d more. D I.C. ords. are wanted at 7s premium. Sales of the £2 paid issue of New Zealand Drugs haye been reported at 68s 6d. A steady inquiry is made at 68s. The new paid-up issue is in demand at 61s. „ ew Zealand Paper Mills are ex dividend, sellers asking 21s. . Some business has been done in Kawaraus at 7s 6d and 7s 7d. The latter price is offering at present, but sellers will not take less than 7s XOd. Nokomais have made another increase in value, and buyers are now offering 8s lOd. Mount Lyells have a buyer at 28s 2d. St. Bathans (A issue) changed hands at par yesterday, sellers afterwards asking 3d premium. Sixpence discount was offered for B’s, par being asked. An improvement of 2s 6d has been made in the buying quotations for 1938 and 193 J Inscribed Stock. „ , , Sales; Bank of New Zealand, Gls (five), St. Bathans (A issue), par Sales reported: Bank ot New Zealand, 61s (six); New Zealand Coal and Oil, Is; New Zealand Drug Company, 68s 6d; Kawarau, 7s 7d; 8.A.W.R.A., 12a i New Zealand Breweries, 59a 3d. The following are yesterday afternoon s buying and selling quotations, which aro subject to the usual brokerage; BANKING. Bank of Australasia—Buy £l4, sel £l4 4s Bank of New Zealand —Buy 61s, sol 61s 3d. Commercial Bank —Buy 30s 9d, sel 31s 3d. National Bank—Buy £6 16s. . National Bank of Australasia-Buy £l7 10s. National Bank of- Aust. (cont.)— Buy £8 15s. P. and O. Bank—Buy £9. Union Bank—Buy £ls 4s. E.S. and A. Bank—Buy £7 l=s 3d. BREWERIES. N.Z. Breweries' (Ltd.)— Buy 595, eel 59s 6d. N.Z. Breweries (Ltd.) Debs.—Buy 265. Ward and Co.—Buy 39s Gd. _ Staples—Buy 37s Gd, sel 39s 6a, INSURANCE. National Insurance Co. —Buy 77s 6d, N.Z. Insurance Co.—Buy 39a Gd, eel 40s. South British Insurance Co.—Buy o6s 9a. Standard Insurance Co.— Buy 33s 3d SHIPPING. Burns Philp—Buy 365. Burns Philp (rights)— Buy 14s Cd. Howard Smith—Buy 31s 6d. Huddart, Parker 1 (ord.)— r>uy 43a 6d, acl He 6d. , , _ ~ Huddart, Parker (pref.)-Buy 20s 6d. P and O. Deferred Stock—Buy _230, eel £269. „ U.S.S. Co. (pref.)—Buy 20a. COAL. N.Z. Coal and Oil-Buy la, Westport Coal Co. (ex diw)— Buy3,s3d. Westport-Stockton (ord.)— Buy Is 4d, sel _s Wcstport-Stocklon (pref.)—Buy 6d, sel 33 3d ' LOAN AND AGENCY. Goldabrough, Mort—Buy 4Ss 6d. N.Z Loan and M. (ord.)—Buy £9«. Perpetual Trustees— Buy 50s. Wright, Stephenson (.pref.)—Buy 16s. MEAT PRESERVING. N.Z. Refrigerating (pd.)—Buy 17s 6d, sel ITh i i N.Z ’ Refrigerating (cont.)— Buy 8a Id, ael 83 5d ‘ MISCELLANEOUS. Brown, Ewing (ord.)-Buy 29a. Brown, Ewing (pref.)—Buy -0a 3d. Crystal Ice—Buy 21s 6d. D.I.C (ord.)— Buy 7s prem. D.I.C. (pref.)—Buy 20s 3d. Dunedin-Kaikojai Trams-BuySls 6d Kaiapoi Woollen (ord.)—Buy 13s, sei 13s 6d Kaiapoi Woollen (cont.)-Buy 2s 6d, sel Woollen (pref.)—Buy 18s Sd. National Electric—Sel 19s 9d. N.Z. Drug Co.—Buy 68s. N.Z. Drag Co. (paid)—Buy 61s. N.Z. Drug Co. (cont.)-Buy 109 N.Z. Express (ord.)— Buy 21s Sd. N.Z. Express (prof.)—Buy 17s Gd. i\.Z. Guarantee Corp.—Buy Os 7d. N.Z. Hardware (ord.)— Buy 10s 6d. sel 11s M N Z Paper Mills (ex div.)—Sel 21s. Smith and Smith (pref.)—Buy 17s. sel 19s. Wilsons (N.Z.) Cement— Buy 35s 6d, sel 3ts. MINING. Kawarau G.M. Co.-Buy 7s 7d ,A 7s lOd. Nokomai Hydraulic—Buy 8s Kid. Waihi—Sel 19s 3d. .... Waihi Grand Junction— Buy I** Electrolytic Zmc (pref.)—Buy 34s 6d, Zinc (ord.)— Buy 33s 6d. Mount Lycll—Buy 2Cs -a. , m Kawarau High Lovels-bol Is pem J St Bathans (A issue,-Sel od prom. St. Bathans (B issue)— Buy 6d disc., sol Bridge-Buy Is disc sel par. Alburnia— Buy 5a Go, sel Ga 6d. WAR BONDS. a - a a £ v* £ 4i permit. Inscribed. 1938-Buy |9| 7s 6d. 41 per cent. Inscribed, 1939-Buy £96 .s 6d s| per cent. Soldiers’ Inscribed, 1933-Sel £9 3 per cent. Postal Bonds, 1927-Buy £9B ss, Bel 5 Ter 15 cent. Postal Inscribed, 1929-Buy £9S. northern exchanges. (Peh United Press Association.) The following business was done on £96 10s; Soldiers Inscribed, £9O 10s, Zealand Breweries (debentures), _ 2 . Bank ot New Zealand, Gls rf' pq : Union Bank of Australia, £lj ss, £-5 os 6d , (cont )! is 64, Is sd; Waihi. 19s; Waihi —’Sales; Bank of Australia, Sales reported : National Bank of New Zealand. £6 lbs 6d. Bank of New Zealand, Cs ; Union Bank, £l6 5s ((7 parcels): Kaiapoi Woollens, 13s £i P ar : cels): Westport Coal (cum dW-). 38s 3d , Christchurch Gas. 23s 9d; Kawarau Gold Mining.. 7s Sd (2 parcels) : Colonial Sugar, £52 15s. Sales: New Zealand Government 5J per cent. Inscribed (1934), £99 (IdSouth British Inscribed, ,>7s Gd , Goldsbrough Mort, 49s (2 parcels) , Colonial Sugar, £52 10s.