THE SHARE MARKET
DUNEDIN STOCK EXCHANGE There was an active demand for all Government issues on the Dunedin Stock Exchange yesterday, but again there was scarcity of sellers. Bank of New Zealands were wanted at £2 3s, and National Bank of New Zealand at £2 14s 6d, with no sellers quoting. National Insurances were quoted at £1 4s 6d and £1 5s 3d, and there were buyers of Standard Insurance at £3 18s 3d and Waitaki Freezing at £6 ss. Loan and Mercantile (ord.) were quoted at £47 (buyer) and £52 (seller), Guarantee Corporation at 4s 2d (buyer) and 4s 4d (seller), and buyers of New Zealand Breweries quoted £2 and of Dominion Breweries £2 Is 6d. Broken Hill Proprietary shares were quoted at £2 Is (buyer) and £2 5s (seller), D.I.C. (ord.) at 19s (buyer) and £1 Is (seller), and Wilsons Cement at 19s and 19s 6d, buyer and seller respectively. Woolworths (Sydney) were wanted at 19s 3d, with sellers 6d away, Mount Lyells at £1 9s 6d, with sellers quoting at £1 10s 6d, and Gillespie’s Beach were quoted at 5Jd (buyer) and 7d (seller). Yesterday’s Sales Dunedin. Sales reported: Inscribed Stock, 3 per epnt., December 15, 1953-56, £9B 17s 6d: Bank of New South Wales, £34: Wilsons Cement, 19s 3d. Auckland.—Sales on 'Change: Bank of Australasia, £9 ss; Farmers Fertiliser, £1 3s 6d; Northern Roller, £1 2s 6d; Wilsons Cement, 19s 3d; Mount Roskill Road Board, September, 1960, 4i p.c., £lll 10s; South British, £3 16s 6d; Martha, 9s; Commercial Bank, 17s 8d; Kaiapoi Woollen, £1 4s 6d; K.D.V. Boxes, 12s Id; Robinson Ice, £1 8s; War Loan, October, 1953, £94 15s; Consolidated Brick, 10s; New Zealand Insurance (ex div.), £4 9s 6d. Unofficial list: Walker and Hall, £1 Is 3d; Amalgamated Batteries, 12s 6d; (pref.) 15s. Wellington—Sales on 'Change: Late yesterday—Bank of Australasia, £9 ss; A.C.1., £2 15s 6d; 3 p.c. Stock, December, 1953-56, £9B 17s 6d (2); Farmers’ Trading, £1 5s 3d. Christchurch.—Sales on ’Change: War Loan, 2J p.c., 1953, £95; New Zealand Refrigerating (10s paid), 13s. Sales reported: 3 p.c. Government Stock, May. 1953-56 (late Tuesday), £99; Bank of New South Wales, £34; Bank of New Zealand, £2 3s 3d; Christchurch Gas (cum div., late Tuesday), £1 5s lOd; New Zealand Drug, £4 13s; New Zealand Farmers’ Fertiliser (ord.), £1 3s (2); National Insurance, £1 4s 9d; C.F.C.A. (ord.), £1 Is; Evans Atlas Flour, £1 ss.
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Bibliographic details
Otago Daily Times, Issue 25444, 27 January 1944, Page 2
Word Count
402THE SHARE MARKET Otago Daily Times, Issue 25444, 27 January 1944, Page 2
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