THE SHARE MARKET

Otago Daily Times, Issue 25659, 6 October 1944, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE There were buyers of Bank of New Zealand Long D shares at £1 13s on the Dunedin Stock Exchange yesterday, but sellers did not quote below £1 14s. National Insurances, were sought at £1 4S 3d with sellers Gd away, and New Zealand Insurances were quoted £4 8s Gd and £4 9s 3d, buyer and seller. Other quotations were as follows:—Gear Meat, £1 ss, £1 6s 3d; N.Z. Refrigerating (paid), £1 7s 9d, £1 8s 3d—contributing, 13s 9d, 14s; Guarantee Corp., 4s. 4s Gd; Wright, Stephenson (ord.), £1 5s Gd, £1 10s; Dunedin Breweries, £1 7s, £1 8s; Westport Coal, £1 5s 9d, £1 6s 6d: Westport-Stock-ton (ord.), Is Id, 2s Gd; Bruce Woollen (ord.), £1 12s, £1 14s Gd; Kaiapoi (pref.), £1 4s 6d, £1 5s Gd—all buyers and sellers respectively. Waitaki Freezing were sought at £7 Bs, but no sellers quoted. Australian Foundations were wanted at ss, but the lowest selling quotation was 9d away. Colonial Sugars were sought at £56 5s with sellers offering at £57. and Consolidated Bricks were offered at 10s 4d, but no buyer advanced a bid above 10s. An offer of £3 7s was made for Donaghy’s Rope with a seller at £3 10s, Otago Daily Times shares were quoted at £2 11s and £2 14s Gd, N.Z. Express at 4s 6d and 7s, Woolworths (N.Z.) at £1 Is and £1 Is 4d, Claude Neon (N.Z.) at £1 7s 9d and £1 10s, and Mount Lyells at £1 11s 3d and £1 12s, buyers and sellers respectively. There was a buyer of Mount Morgans at 7s with sellers Is away, and Wailahus were wanted at sd, but sellers did not quote below Bd. Yesterday’s Sales

Dunedin.—Sales reported: Booth Macdonald (pref.), 9s; Insc. Stock, 2\ p.c., 1953, £93 15s; N.Z. Insurance, £4 9s; N.Z. Refrigerating (£1 paid), £1 8s; Waitaki Freezing, £7 10s; Woolworths (N.Z.). £1 Is 2d (2); Mount Lyell, £1 11s Gd; Woolworths (Sydney), £1 Is sd. Auckland.—Sales on ’Change: 4 p.c. Stock, 1949-52, £lO4 ss; Bank of New Zealand, £2 4s 6d; Bank qi New South Wales, £35 ss; Commercial Bank, 18s 2d; National Insurance, £1 4s 3d; North Auckland Farmers ("A" pref.), £1 Is 6d; Broken Hiil Proprietary, £2 5s Gd (2); Booth, Macdonald (pref.), 9s ljd; Bycrofl, £2 14s; Colonial Sugar, £57; K.D.V. Boxes, 10s Gd; Woolworths, (N.Z.), £1 0s lid, £1 0s lOJd; Associated Motorists (unofficial), £1 7s. Wellington.—Sales .on ’Change (late Wednesday): 3 p.c. Stock, 1951-54, £9B ss; Morris Hedstrom, £2 8s; Bycroft, £2 14s.—Yesterday: 31 p.c. Stock, 1957-60, £IOO 7s Gd; 3 p.c. Stock, 1951-54, £9B ss; Commercial Bank, IBs 2d; Booth, Macdonald (ord.), Is 4d; Woolworths (N.Z.), £1 0s lid; Waihi Investments, 5s 6d. Christchurch.—Sales on ’Change: Bank of New Zealand, £2 4s 8d (2); British Tobacco (ord.), £2 8s lOd; Dominion Builders, 8s; New Zealand Farmers’ Fertiliser (oj-d.), £1 4s 3d.™Sales reported; Daigety and Co., £8 9s; Waitaki Freezing, £7 10s; Australian Foundation Investment, ss; Booth, Macdonald (pref.), 9s, 9s Ud; Broken Hiil Proprietary, £2 5s Gd; Dominion Builders, 8s Id; Farmers’ Trading (ord.), £1 5s 9d; New Zealand Farmers’ Fertiliser (ord.), £1 4s 3d; Woolworth (Syd., ord.), £1 Is sd.