THE SHARE MARKET

Evening Star, Issue 19805, 2 March 1928, Page 1

THE SHARE MARKET

DUNEDIN S'IOCK EXCHANGE. Again no business was done at the Stock Exchange call this morning. Bank of New Zealauds had a buyer at £2 19s without any response from sellers; the long-term issue, also, without a seller, was inquired for at £1 6s 3d. Commercial Banks have firmed during the last few days, buyers now of* feriug £1 7s Bd, with a seller at £1 B*. A buyer of E S. and A. Banks quoted £B, but no seller would come lower than £8 3s 6d. There was a dearth of sellers in the insurance section, Nationals being the only issue thus quoted. In this case a seller offered to quit at 15s lOd, the best buy. ing price being 15s sd. Westport Coik were in demand at £1 10s, and were met by a seller at £1 lls 6d. Mortgages were quoted ex dividend this morning at 5s 6d per share, a buyer offering £5 10s. Electrolytic Zincs were also quoted cx-dividcnd. Buyers offered £1 lls 3d for the preference issue and £1 10s for the deferred ords. As usual there was a preponderance of buyers in the Government Loans section; the per cent, bonds md inscribed being very firm. Quotations as under:—

Buyers. Sellers. BANKS— £ s. d. £ ». d. Bank of Australasia... 14 19 0 — Bank of N.S.W. ... — 47 15 o Bank of N.Z Bank of N.Z. 2 19 0 — Long " D 1 6 3 — Commercial Bank 1 7 8 1 8 0 Com. Bank (new) ... 0 7 3p — K.S. and A Bank ... 8 0 0 8 3 6 National Bk. of N.Z. National Bank Aus6 18, 0 6 19 S tralasia. (cont.) Union Bank of Au«t. — 9 0 0 Lid INSURANCE— 14 16 8 National 3ns. Co. ... 0 15 5 0 IS 10 N.Z. Insurance Co. ... 2 0 3 —- Standard Ins. Go. ... SHIPPING— 3 3 6 Howard Smith 1 8 6 — Hnddart, Park (ord.) 2 8 0 2 10 0 U.S.S. Co. (pref.) COAL1 0 0 ~ Kaitangata Coal (dis.) _ 0 3 0 Pukemiro Gollerics ... 5 0 0 — Taupiri Coal (ord.) ... 1 5 0 — Westport Coal Co. ... 1 10 0 111 6 Westport-Stock, (prf.) LOAN AND AGENCY0 3 6 Dalgety and Co, — 15 17 0 Goldsbrongh, Mort ... 2 8 9 — National Mortgage ... N.Z. Loan and Mer.. 3 10 0 (cx div.) (ord.) , 95 0 0 — Perpetual Trustees .. . 5 .1 0 — Wright, Step, (ord.) 1 1 0 — Wright, Step, (pref.) MEAT PRESERVING— 0 15 3 Gear Meat Co 1 17 3 1 18 6 N.Z. Rcfrig. (paid) ... 0 15 3 0 IS 9 N.Z. Jiefrig. (cont.) South. Frozen Meat 0 7 1 (ord.) MISCELLANEOUS— Auckland Amuse Pk., 1 11 6 Ltd. (ord.) — 0 12 Q Brown, Ewing (ord.) — 1 11 i Bruce Woollen (ord.) 0 11 0 — D.I.G. (ord.) 0 8 6p —. D.I.C. (pref.) 1 0 9 — Dominion Invest. ... 1 2 0 — Dominion Rubber Donaghy’s Ropo ami Twine 1 15 ft .1 33 9 ■a. Duncdin-Kaikorai Trams Dunedin Stock Ex1 12 9 change Prop, — ♦ (! 9 Kmapoi Wodlcn (ord.) 0 8 ,'1'Um.iv | im and,.,i : *> Cement (ord.) Millmrn Lime and 1 It 6 - -MB' Cement (cont.) 0 9 3p — National Electric — 0 11 6 N.Z. Express (ord.) N.Z. Milk Products 1 0 6 1 2 0 (Bonds) 1 2 0 — N.Z. Paper Mills — 0 16 9 ‘ Otago Daily Tunes ’ 3 15 0 — Taranaki Oil 0 9 6 0 10 6 Wilson’s Port’. Cement BREWERIES— “ 1 18 3 N.Z. Breweries, Ltd. Slaplcs’ Brewery MINING— — 2 3 3 1 16 9 1 17 S Kawarau 0 0 6 0 010 Nokomai Sluicing — 1 u 6 Waihi 0 9 6 — Waihi G. Junction ... Electrolytic Zinc (pf.) 1 11 3 (cx div.) 0 1 S Elect. Zinc (ilcf. ord.) 1 10 0 (ex div.) —* Mount Lycll — 111 0 Mount Isa 1 6 0 1 7 0 Molynoux Electric 0 10 0 1 1 Upper Nevis ... ... 1 0 2 9 Big Beach — WAR BONDS (Bonds quoted are £100 Bonds)— 0 18 0 1930 4j p.c. Bonds ... 97 10 0 — 1938 4j, p.c. Bonds ... 97 0 0 — 1939 4j p.c. Bonds ... 97 0 0 — 1938 44 p.c. Insc. 97 0 0 — 1939 4 1 p.c. Inse. 97 0 0 — 1933 5i p.c. S.S. Ins. 100 10 0 101 0 0 1929 5 p c. P.O. Insc. 98 0 0 — 1930 51 p.c. Bonds ... 98 0 0 — 1936 5A p.c. Bonds ... 300 10 0 —