THE SHARE MARKET.

Otago Daily Times, Issue 19946, 13 November 1926, Page 15

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. Buyers have increased their offer for Bank of New Zealands by 3d on the Dunedin Stock Exchange during the past week, but a margin o£ i)d remains. Rights are practically unchanged. There is still no offer for Commercials, and inquiry for Nationals at £7 has not attracted a reply. Buyers' quotation for Unions is Is wsaker than it was at the end of last week. Sellers ask £ls 5s 6d. Inquiry was made for Western Australian Banks at sds Ed yesterday, but no shares were available. Brewery stocks are quiet. No offer is made for New Zealand Breweries, though sellers have reduced their quotations to 62s Ed. Debentures ara wanted at 24s 6d, an improvement of 3d. Nationals are the only insurance shares in demand. Buyers will give 78s, but sellers ask Is more Sellers of South British will take 58s 6d, and Standards are on offer at 50s 9d. Tnero is little interest in shipping stocks. The preference issue of Huddart, Parkers and •Union Steams are both wanted at 20s 4d without sellers. Westport Coals are still without buyers, sellers asking 38s. An improved offer of £3l is made for New Zealand Loan and Mercantile ords., but sellers will sot talte less than £9B. Buyers’ offer of Els Ed for Perpetual Trustees is still unsatisfied. No inquiry is made for Wright, Stephenson ords., though sellers are asking Is less. Gear Meats are wanted at 3Es, but sellers have failed to quote. No offer made for either issue of New Zealand Refrigeratings. The paid-un issue can be obtained at 15s, and sellers* ask 7s Id for the contributing shares, which were eold at 7s a few days ago Auckland Amusement barks have been quoted during the week. The ords. are wanted at 2s premium, but there is no inquiry for the preference shares, which are on oiler at 5s premium. There are at present no buyers for Dominion Rubbers, which are offered at 51s. A seller quoted at 50s 3d on Thursday. A margin of 3d separated the quotations for Milburn Lime and Cements yesterday, buyers offering 31s. Guarantee Corporations are without sellers, although buyers will give 10s 9d. The best offer for Paper Mills is 18s 3d, but sellers are reticent. Sellers make no response to an offer of 9s for Taranaki Oils. Wilsons Cements are wanted at 33s 9d, but sellers are standing fast at 345. The improvement in ICawaraus has continued, but there has been no business in spite of buyers' offer of 2s lOd. Sellers ask 2s lid. Electrolytic Zincs (pref.) were wanted at 37s during the week, but the beat offer at present is 36s 9d, Mount Lyells are still in demand at 27a Ed, with a seller at 28a 2d. A buyer of the A issue of St. Bathans offered 3s Ed premium yesterday, but sellers asked 2s 3d more. B’s were not quoted. The latest quotations for Upper Nevis were 2s 9d premium and 3s 9d promium. ~ , . Government Stock shows an all-round improvement. , The following aie yesterday afternoons buying and selling quotations, which are subject to the usual brokerage; BANKING. Bank of Australasia—Sel £l4 7s. Bank of N.S. Wales —Sel £45 sa. Bank of New Zealand—Buy 60s Ed, sel Els 3C Bank of New Zealand (rights)—Buy 6s sd, sel Es Ed. * Commercial Bank—Sel 32a Ed. National Bank—Buy £7. Union Bank—Buy £ls 4s, sel £ls 5s Ed. Western Australian Bank—Buy 54 s Ed. BREWERIES, N.Z. Breweries (Ltd.)—Sel 52s Ed. N.Z. Breweries (Ltd,), Debs. —Buy 24a Ed. INSURANCE. National Insurance Co.—Buy 78s, sel 795. N.Z. Insurance Co.—Sel 39s 9d. South British Insurance Co.—Sel 58s Ed. Standard Insurance Co.—Sel 59s 9d. SHIPPING. Huddart, Parker (ord.)—Sel 48s 3d. Huddart, Parker (pref.)—Buy 20a _4d. P. and O. Deferred Stock—Sel £255. U.S.S. Co. (prof.)—Buy 20s 4d. COAL. N.Z. Coal and Oil—Sel Is Ed. Westport Coal Co, —Sel 38s. Weatport-Stockton (ord.)—Sel 2s. LOAN AND AGENCY.

Dalgety and Co. —Buy £l6 ss. Goldsbrough, Mort —Sel 50s 3d. National Mortgage—Buy 70s, eel 71s 6d. N.Z. Loan and M. (ord.)— Buy £B4, sel £9B. N.Z. and Liver Plate—Buy 225. Perpetual Trustees—Buy 61s 6d. Trustees, Ex. and Agency—Sel 60s. Wright, Stephenson (ord.)—Sel 23s 6d, Wright’ Stephenson (pref.)—Sel 17a 3d. MEAT PRESERVING. Gear Meat Co.—Buy 36a. N.Z. Refrigerating (pd.)—Sel 15s. N.Z. Refrigerating (cont.) —Sel 7s Id. MISCELLANEOUS. Auckland Amusement Park —Buy 2a prem. Auckland Amusement Park (pref.)—Sel 5s prem. British Tobacco—Buy 50s 9d. eel 51s 9d. Brown, Ewing (pref.)—Buy 20s. Bruce Woollen Co; —Sel 20s 6d. Colonial Sugar—Buy £54. 1).1.C. (ord.)—Buy 8s 6d prem. D.I.C. (pref.)—Buy 20a 6d. Dominion Rubber —Sel Sis. Donaghy’s Eops and Twine—Buy 33a 6d. Uunedin-Kaikorai Trams—Buy 31s. Dun. Stock Exch. Propty.—Sel £5. Eclipse Petrol—Sel 12s 6d. Kaiapoi Woollen (pref.)—Buy 13s. Milburn Lime and Cement—Buy 31s, sel 31s 3d. Mosgiel Woollen Co.—Buy £6. M’Lcod Bros. Soap—Buy £25. National Electric —Buy 18s 6d, sel 20s. N.Z. Drug Co,—Buy 70s. N.Z. Express (ord ) —Sel 235. N.Z Guarantee Corp.—Buy 10s 9d. N.Z. Hardware (ord.)— Buy 7s. sel Ss 9d. N.Z. Taper Mills (ord.)—Buy 18s 3d. N.Z Sugar of Milk—Sel 24s 6d. Otago Daily Times—Buy 84s 6d. Smith and Smith (pref.)—Sel 19s. Taranaki Oil —Buy 9s. , , , Wilsons (N.Z.) Cement—Buy 33 a 9d, sel 345. MINING. Kawarau G.M. Co.—Buy 2s 10d, sel 2s lid. Nokomai —Buy 3s prem. Waihi—Buy 18s 6d. Waihi Grand Junction—Buy 2s. Electro'ytio Zinc (pref.)—Buy 36s 9d, sel 37s 6d. Electrolytic Zinc (ord.)—Buy 35s 9d. Mount Lyell—Buy 27s 6d, sel 28s 2d. St. Balkans (A issue)—Buy 3s 6d prem., sel 5s 9d prem , „ ~ Mount Isa—Buy 19s 3d sel 21a 6d. Alburnia —Buy 4s 3d, sel 4s 9d. Upper Nevis—Buy 2s 9d prem., sel 3s 9d prem. WAR BONDS. 41 per cont. Bonds, 1930 —Buy £97 10s. 44 per cent. Bonds, 1938 —Buy £96 12s 6d. 44 per cent Bonds, 1939—8uy £96 12s 6d. 54 per cent. Soldiers’ Bonds, 1933—8uy £IOO 7s 6d. , „ 44 per cent. Inscribed, 1938 —Buy £96 12s 6cl 54 per cent. Soldiers’ Inscribed, 1933—8uy 5 per cent. Postal Inscribed, 1927—5 el £99 sfl. ~ 5 per cent. Postal Inscribed, 1929—8uy £97 103. 5i per cent. Inscribed Bonds, 1927-41 —Buy £96. 54 per cent. Bonds, 1936 —Buy £IOO 2s 6d. 54 per cent. Inscribed, 1936—8uy £IOO 2s 6d. NORTHERN EXCHANGES. (Pee United Peess Association.) The following business was done on ’Changes yesterday: Auckland.—Sales: Inscribed Stock (1930), £O9; Bank of New Zealand, 60s 6d; Partners Co.-op. Auctioneering, 70s; Farmers’ Co-op. Auctioneering (A prof.), 18s 6d; Waipa Coal, 15s 6d; Gisborne Gas, 10s 9d;» Northern Steam, 15s; J. Staples and Co., 37s 6d; Electrolytic Zinc, 36s 3d; Milne and Choyce Debenture Stock, 245; Taranaki Oil, 9s, 9s 4d, 9s sd; Wilsons Cement, 33s 9d; Moanataiari (cont.), 2s 7d; Ohinemuri 5s 9d, Wellington,—Sales reported: New ZealpjiU Loan, 4j per cent. Bonds (1938). £96 12s 6d, Bank of New Zealand, £3; Bank of New Zealand (rights), 6s sd; British Tobacco (Australia), (ord.), £2 11s 6d.