REVIEW OF THE SHARE MARKET.

Press, Volume LX, Issue 18231, 15 November 1924, Page 10

REVIEW OF THE SHARE MARKET.

■ During Carnival "Week the only calls on tie Christehurch Stock Exchange were on Tuesday, "Wednesday and fcthursdayat. 9.30/ a.m., but.the other Metropolitan Exchanges have reported, .affair number of. 6ales mostly in \Government Loans and Bank shares. \ . Recorded turnover of the four and) tfr-half per cent. Stock, due in'l939 at £97 10s, shows no change on business done last week. The five per cent. Post Office. Stock, due in 1927, changed hands at £97 163 and £93 as against previously reported business at £93, while the Bonds, due in 1927, have eased from £93 a fortnight, ago to turnover this week at £97 15s. Five and a-half per cent. Soldiers Settlement Loan Stock, due m 1933, was placed at £lOl 10s and £lOl, as againsfe last week's figure of £lOl 7s6d. TEhe/bonds, in which the last recorded! transactiona were at £lOl ss, had re'oent -enquiry at. that figure without F6SDOUS6 • "Br" the Banking group' Commercial of ; iustralia ordinary shares were'dealt -in «at.3os 7d v an advance of Id on, business last week, and New Zealande, with recorded transactiona at 59s 6a, 595--3 d, and 59s 6d show practically no vanationonilast week's sales. ■ For Australias and New-South Wales there were unsupported sellers a day •or- two ago. at £l3 os and £4l respec.tively..but no.sales have been reported in either stock this week. Last week the former changed hands at £l3 ss. ! ,'rßoyals, £lpaidi had recorded turnover, at. 335. with subsequent declared buyers at 33s 6d, sellers at 345. The •fully paids are available at £6 16s-, "but r buyers have not been quoting freeljr.- ■ ■- ' ' r Union Bank "rights/' with, reported trasiness last week at prices ranging from 46s 6d to A?£ 6d. have since 'been ■placed at: the' latter figure" with,eubr. sequent sellers-offering at 46s 6d, buyers quoting at '4ls. Business: in the ■ 'fractions" at 10s and 9s shows.. an •..easing on recorded sales-last w*ek from 9s 3d to 12s, receding to 10s 9d. ; ';. The cum .the- rights had re- ' cent demand at £l4, with quoted sell--1k& ] In'lnsurance snares South British ■remain' Steady'with: business ,at,42s jid ; New; Zealands, in which . last week'sl •bilsiness was .293..1 id,, had enquiry a day or tnt> ago at 29s 9d, with quoted sellers at 30s 3d; and Nationals, cum ardiyidend of 2s per eliare, are availvMyers arereticent.'-' ,;.-, Huddar# Barker ordinary, shares sold; *.at,42s 3d as against 43s 3d, 43s and 42s £6d last week, and late sellers were ask--Ving 425. 6d s . vwifcb. buyers quoting • 41a ;6d. /<;Q/^-} Stock, cum,the hands at £306 arid !?£3os>. as \: compeared with last week-s .■:,■"••'•■^*t^•rnww^;at...£29l' , • 10s. .'•■•■..-'■ '":■ . , sales ,have; been reported of - ; kmdzen Meat sha*e«, aiid New' Zealand during*he: w&k v without atractvt, ifing v ai deoiared; the partly' 4?^ l^a^|l?^^m^^ response'at ~.w'.:- & on previotely recorded '.-^sales. ;: ..■.£■■■ fa, .. .*;.f.,:j.:'' :--';<■'. . tM i Westpprta, "cum a dividend f v arid .bonus totalling Is 6d per 'are'-in ' £ I ? m ? na afc 355, with> sellers -at; 36s ,'9d: last week's business-was at 355-6d'. i| Chratchurch :<Jas shares, which - sold £7 lfeand-. £7'-13s,v were iftTcek at tiefformer. figure, ' ! subsequent sellers asking £7' 155,; buy.yjeris offerinf; £7 13s. ' : ■--. } -%M®&*s& business :hasfcbee:n f«OE[aried,'to -New Zealarids. at 38s; which >•, ,i, .;as^ ; ajpar ;/with ;; that; done lastweek. ; : which c hh«ged I ~ . >^ : 10d biryers were reticent. ; ■' !•'•;," ami Mining "shares Have'eased from ; -' S^^J^■'■*! 9d > ?»«, 25s m,