THE SHARE MARKET

Evening Star, Issue 16263, 4 November 1916, Page 9

THE SHARE MARKET

DUNEDIN EXCHANGE

During the week the market has remained firm, but the number of transacts taking place appear to have been .united. Electrics have firmed, dosing this inonnng with a~buycr at 3s '3d. seller I». (lie week's return of 930z is verv payable, and nas liad the <dfect of hardening the shares. Ohig., were wanted (es div.) our 14s. Hi M an d R l ; * ing buns are both neglected, with sellers at M*. In quartz mlnin mwt ]md has been done m Waihis, whidi, after selling at o6s 6d early in the week, had buyers th-s morning at 37s 6d, sellers asking o7s 9d A fair turnover has taken place m these shares Talism,, !s have brined slightly, buyers offering lis .sellers asicing Us 9,1 Junctions have aNo come ! n fc ' v , i'ocd. inquiry, buyers offeiiun- i-V to 17s 8d with no sellrr this morning v l ldt;i 18s. .Mount Lyells are wanted at '26s 3d there being buyers yesterday ; lt - '/.6s 9d' with no seller under 27s bd. Ed,,a May •Deep Levels have had a considerable, drop" it (Ming reported that sales have taken place at 20s This mine is situated in West Australia. In the investment mar ket National Banks tire neglected .sellers down to £5 4s. Bank of New Z-alands however, have had a. fair amount .r business, the now issue being sold as hi«h as £l7 6s 6d. Union Banks are easier with a seller at £53 10s. Insurance sha:cs are all Inm, with good inquiry, Nationals bdnc wanted at 565, sdhis addug 60s. New Zealand Insurance have been wanted as high as £5 14s. Standards, uo. have met with good inquiry. In the shippin- market the vise in Union Steams nns been the feature of the week. They ,i a .« e yesterday afternoon to buyers 44s"and"sellers 44s 3d. A fair amount of busings is stated to have taken place nf 4 1.,. ' The market closed this morning with a buyer at 43s 9d, no sellers under 44s 3d. The pref. issue have had good inquiry, ,;s hi.-'h as 21s 8d during the week, w'hiie there was a seller this morning at 22s 3d. Huddart, Parkers were easier this rooming with sellers at 24s 6d, buyers olicring 24s' No doubt the threatened coal strike in New South Wales has had the fffect of easing these shares. Westport Co.iis have been wanted at 295. There was n & dl*r this moi-ning at 295. 3d. Stocktons have come in. for good inquiry, buvcrs offering 6s 4d. against, 6s 7d. The pref. issue have buyers at 10s <M. D.I.C. (pref.) ;i!e wanted at £l. - x div. Dominion Rubbers have, again Jiad good inquiry during the "•ee]c. buyers offering 36s 9d", with sellers at 37s 6d. directors have just declared ,i. dividend of Is per share. The prospects of this company are bright. It, is estimated that the output this Air will be about 200.0001b of rubber, awl as the price is firm at about 2s 3d per lb shareholders may lode forward to dividends. It is stated thai the Income Tax Department are demanding a share of the profits, and that it i.s more than probable, the Supivnie Court, may bo, required to settle the matter. Mosgiel Woollens, after having sales at £4 sc; last, wed;, have had no further business, and are, now quoted ex dividend. New Zealand Drugs are firm, buyers offering 46s 9d. Portland Cements, on I lis other hand, are neglected, with sellers at lis 6d. New Zealand Paper Mills have had business during the week at I7s lOd. There was a. seller this morning at the same figure, without anv declared buyer. ' Otago Daily Times, "nave been wanted up to 51s. without any sellers offering. Perpetual Trustees have continual inquiry at 22s 6d. Wright, Siephensons have been wanted again at £7 witlumt any shares being offered. Quotations : —Dredging.— Electric—Buy 3/3. sel 4/. Olrig (ord./ex div.)— Buy 14/. Hise and Shine—Sel 24/.* Rising Sun—Sel 24/. —Quart?..— Talisman Consolidated—Buv 11/, sd 11/9. ' Waihi—Buy 37/6, sd 37/9. Waihi Grand Junction—Buv 17 'B, sel 18/. , * ' Mount Lyeli—Buy 26/3. —lnvestments. National Bank of New Zealand—Sel ' , National Insurance Co.—Buv £2 16/. sel £3. ' ', N.Z. Insurance Co.—Buy £6 13/6. Union Steam Ship Co. lord.) —Buv £2 3/9, sel £2)4/3. J Union-S'ieam Ship Co. (pref.)—Buv £1 1/6. sel £1 2/3. * Westport Coal Co.—Sel £1 9/3. Westport Stockton—Buy 6/3. sel 6/8. Westport Stockton (pref.)— Buy 10/9. Huddart, Parker (ord.)—Buy £1 4/. sel £l4/6. D.I.C. .(pref.)—Buv £l. N.Z. Drug Co., Ltd. (£2)— Buy £2 6/9. N.Z. Portland Cement—Sel 11/6. N.Z. Paper Mills-Sel 17/10. Perpetual Trustees Co.—Buv £1 2/6. Wright, jStephanaott—Bvcv £7.