THE SHARE MARKET

Evening Star, Issue 19801, 27 February 1928, Page 8

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE. As is usual on a Monday morning, the market was very quiet to-day. Hank shares eontinuo to bo in good demand. National insurances have lirmed up slightly, buyers altering 15s 7d, sellers quoting 15s 10(1. In shipping, Huddarl, Parkers are easier, with sellers 50s cum cliv. Union Steam Ship profs, have inquiry at 20s. _ In the coal section, Kaitangata are on offer at 4s discount, and Westport Coals were for sale at 31s 9d. Dominion Rubber share? are easier at 38s, the drop in prices no doubt being caused through the low prices of rubber on the London market. New Zealand Express Co.’s ordinary issue was asked for at 12s 9d, and there was a seller of pret's. at 19s. New Zealand Breweries had a bnver at 42s 3d, and a seller at 43s 6d. in the mining seel ion, Waihis were wanted at 9s 9d, with sellers at 10s sd. Mount Eyclls were wanted at 30? 4d, with no seller under 51?. All Government Stocks had good inquiry. BANKS-

!,noting the export of certain scheduled art treasures. I suggest that some such law is needed for tin's country. A law might bo passed giving power to schedule certain buildings, pictures, books, and. other rare or artistic objects and to prohibit their sale for shipment abroad. Certain individuals might suffer; but wo must think of the interests of generations coming after us. Wo might compromise on the break-ing-up of the art collections of very wealthy dead men by allowing a payment of part of the death duties in works of art (for the natioiTal collections) at a fair valuation. Nor is there any new principle.in my proposal, ■ We schedule certain ancient monuments, historic castles, and so on, and prevent tlicir destruction and removal, so why not do the same thing for the more portable, but equally irreplaceable, pictures of Joshua Reynolds and Turner, the remaining first folio editions of Shakespeare, and the better examples of Tudor and Gothic art?

Bank of Australasia ... Bank of N.Z. 14 15 0 Lon? “ I) ” 1 6 3 — 0 Hank of N.Z 2 18 6 2 19 Commercial Bank ... 1 7 4 1 8 0 Com. Lank (new issue) 0 7 2 0 7 b (prem.) (prem.) E.S. ami A. Bank ... Union Bank of Aust , 8 0 0 Ltd INSURANCE14 14 0 National Insur. Co. ... 0 15 7 0 15 10 N.Z. Insurance Co. ... 2 0 0 — South Brit. Ins. Co. SHIPPING2 17 9 J-Iuddart, Parker (or.) 2 10 0 — 0 I*, and 0. Def. Stock 248 0 Union Steam (prof) ... COAL1 0 0 Kailangata Coal (db.) 0 4 0 Westport Coal Co. Westporl-StockUm 0 2 1 U 9 (Pic-f-) LOAN AND AGENCY— 6 U 3 fj Dalgctv and Co. 9 13 16 n Uolclsbrough, Mori. ... N.Z. Loan and Mor.. 2 8 2 9 0 (ord.) 95 0 (1 Perpetual Trustees ... 3 11 0 “ AVright, Step, (ord.) 1 11 0 — Wright, Step, (prof.) MEAT PRESERVINGn 15 3 N.Z. Kofrig. (paid) ... South. Frozen Meat 0 15 6 — (ord.) miscellaneous111 0 British Tobacco 1 19 3 — Brown, Ewing (pref.) Unite Woollen Co. 1 0 3 — (ord.) o n D / Crystal Ice Co. 1 0 0 — D.l.C. (ord.) 0 8 6p — Dominion Invest. ... 1 2 0 — 0 Dominion Rubber ... Donaghy’s Rope and 1 13 1 18 Twine. Dunedin Kaikorai 9 Trams 1 12 9 — Eclipse Petrol (paid) — 0 10 0 Kaiapoi Woollen (ord.) Milburu Lime and 0 8 6 Cement (ord.) Hilburn Lime and 1 12 6 Cement (cont.) 0 8 9p 0 11 National Electric . ... — 6 N.Z. Drug Co. 3 7 0 3 9 0 N,/i. Express (ord.) ... 1 0 9 0 19 0 N./i. Paper Mills ... — 0 16 9 Wilson’s Pori. Cement BREWERIES1 17 6 1 18 3 N.Z. Breweries, Ltd, 2 2 3 2 3 6 Ward and Co MINING1 15 6 Nokomai Sluicing ... — 1 15 0 Waihi 0 9 9 0 10 b Waihi G. Junction ... 0 0 9 0 1 b Elect. Zinc (pref.) ... 1 12 6 “ Mount Lyell ■ 1 10 4 1 11 0 Molyncux Electric ... 0 10 0 " Big Beach WAR BONDS (Bonds quoted arc £100 Bonds)— 0 18 0 1930 41 p.c. Bonds ... 97 10 0 — 1938 4 i p.c. Bonds ... 97 0 0 1939 4£ p.c. Bomb ... 97 0 0 “ t933 4i p.c. I use. 97 0 0 — 1939 4j- p.c. I use. 97 0 0 — 1933 5.) p.c. S.S. Insc. — 101 2 6 1929 5 p c. I’.O. Inae. 93 0 0 — 1941 5( p.c. insc. 99 0 0 1936 *di p.c. lose. ... 101 0 0