BUSINESS ON 'CHANGE.

Sun (Christchurch), Volume VI, Issue 1735, 5 September 1919, Page 11

BUSINESS ON 'CHANGE.

RISE IN HUDDART-PARKERS. Once again Huddart-Parker shares arc booming, and to-day quotations «j 'Change show that they have reache §| their highest level. Sales in Chri»-v church were made yesterday at 48/u: and in Dunedin at 49/3 and 50/-. day Auckland buyers offer 50/6' an i sellers want 51/-. Christchurch buye. quote 50/- and sellers 51/- As ye - nothing definite has transpired to account for this rise, although there is si. general feeling that an announcemer: ] by the company will be made. In tbi. case of New Zealand Insurances, buy- I ers have advanced to 33/-, and in Dui; edin they quote 33/3. This company appears in a particularly strong posl- . tion. At the beginning of the war it« shares, which were a £lO issue that, were quoted at £l4 10/-, which, on tk.* present £1 basis, .10/- pai<! ; made their quotation equal to 29/-. The capltr' : then was £450,000. Since then it ha-, been increased to £750,000 by the tranF. fer from reserves of two stuns o* £150,000 each. In effect, this has mean: • a gift to shareholders of £300,000. Buy ers of Loan and Mercantiles have ii' creased their quotations again to £ll> 10/-. Four recorded sales of New Zes land Befrigeratings sliow a healthy activity. Paper mills have hardened and local buyers quote 29/-, with seller.wanting' 32/-. CHRISTCHURCH STOCK * EXCHANGE. SALES REPORTED. Hud<lnrt-P»rker, £2 10/-; N.Z. Refrigerating, £4 10/- (four parpels). •

OTHER EXCHANGES. ; AUCKLAND. Sales on 'Change—South British, £8 .19/0.. £9; Auckland Gas (paid), 26/-; Auckland. Trams (ard.), 20/9; Maxwell, Ltd., 32/-: Huddart-Parkcr, 51/-; Wnihi, 47/6; Grand. Junction, 14/10; Talisman, 8/-. Sale Reported—New Zealand Insurance.. 33/-. * WELLINGTON. Sales on 'Change—Huddart-Parkcr, £2.. 10/3; Golden "Bay Cement, £l. DUNEDIN. Sales on 'Change—Huddnrt-Parher (ord.),, 50/1, 50/3; New Zealand Paper Mills, 29/6.

TO-DAY'S QUOTATIONS. ' '"* DEBENTURES— Buy* TS. d. SeMer* £ s. d. £ a. N.Z. Government, 4}% bonds, 1938 • ... .. — 96 10 n. BANKS— ' ■ N.Z. (£3 0/8 paid! .. 14 17 0 15 • 0. Union of Australia .. 59 10 0 00 0 (•• INSURANCE— New Zealand .. 1 13 0 -^ Standard (cum. div.) . 3 0 0 3 5 ft LOAN A AGENCY— Dalgety and Co. 12 2 h. N.Z. Loan & Mercantile (ord. stock) .. 115 10 0 119, • % Wright, Stephenson & Co. (5W e cum l«cf) — 5 2 (.. SHIPPINu— ■ Huddart-Parker 2 10 0 2 11 0. P; & 0. deferred stuck 540 0 0 FROZEN MEAT— ■•'' J N.Z. Refrigerating .. 4 9 0 4 10 BREWERIES— . 1 10 0 1 11 € 3 7 6 . 4 4) fv. Ward .. .. .. .. 5 5 0CEMENT— Wilson's N.Z. Port0 10 0 _ MISCELLANEOUS— Colonial Sugar .. .. — 25 15 fEclpsc Petrol (fully paid) — 2 10 fti N.Z. Farmers' Co-op. (6% pref., re div. ' only) ' — 5 0 r. N.Z. Paper Mills 1 9 0 1 12 (' N.Z. Sugar or Milk.. — 1 10 «• Papuan Products — 0 2 4 . Whitcombe ft Tombs 6 10 0 __ MINING— New Keep-It-Dark «(fully paid) .. .. *£Z_i 0 10 0 _ 0 7 9 .-* "