THE SHAKE MARKET

Evening Star, Issue 16351, 17 February 1917, Page 9

THE SHAKE MARKET

DUNEDIN EXCHANGE. Business has been fail ly brisk on t nange during the past wee):, ami prices generally have been well maintained. In mining stocks the market has boon somewhat quiet, and prices iiuve ruled at practically the same level a.s thev did the previous week. Several dredging lines naae been in demand, and Electrics have hardened during the past iVw days, which is probably »n anticipation of an improved I’i'Uirii. i. liesc shares were onoled lids morning at os 3<j (boys'-) and 4? (seller). Ordinary Olvi.gs have been in demand on several occasions at 10s 6d, t>ithout seders, and both Rise and Shines and nosing l--nns have bad sciiers. but no buyers. 1 here has been consideradde interest taken in the investment stca-k market, and a moderate amount of business has been transacted during the. week. Buyers tor Bank of Australasias were offering £)llu 10s on Monday and Tnesdav, without any response from holders. I oi the last o*w days I lease shares have not been quoted. There have been inquiries on several oivancns for .National Banins in Hie vicinity of £5, an-d there was a -seller on the market, to-day at £5 2s 6d. with buyers offering £4‘l9s 6d. Ail Hough both issues of B a ..p ,q y rv ..c.iiai-ds nave, bean iinot-'d, no hnsinec. has rosnited. With' (ha oxrfption ,-ii i_;isurnnrv> jinos have ntlrarml lUt-lo at.lo:U:*ai. Staridani's sliareA v.a'rt' qn .-led Is -day ni £1 39s 6d and £2 0s Od. j-uyer _ .and sailer. Union Steams have acc-a. in steady demand throughout tiie week, and were even until i’hur.-dav. when f.hey showed a slight easing Tmdalicv. A sii.D was recorded in these’ shares at £2. Brices imnrovad a lit tie on Friday, and two parcel- changed hands at £2 As od. the mar.-cg c'ns'ng with a tnrtlier Imyer ai, tins price, hot. no scllei-. To-da.v tiles*shares were placed on offer at £2’l~ od with buyers at £2 Os 3s]. stiglu iiiiproycinent lias boon shown in HnddartR:i]- i :e!-s during Ihe weak, and \w-re quoted at £1 5s 6d (hnypr) and £]. 6.(sclier). Thev were '-liuhLly easier touay, btiyors yxleving £1 ss. without sell(I.-. Dominion J'lidio.o’s firm, bne'ers ..offering £1 18s. with selDrs asking ’£2. -V slign, an wince has 'icen shown ni M'Leod’s 'Soap, \\ lii< hj we.,* quoted t-o-nav at £l4 Ss and £l4 15s, hnvm- and seller respectively. Timre ha- lUm :l ro-ni-denmnd for M.egiei Woollens at £4 ]s 6d and £4 2>. with seller- qsking £4 os. Va\ orable rinces have been maintained in Express C-umpany’s shares, and three pan-Ms of (he preferential issue were disposed of yesterday at 18s 3:1. There w»rc buyers for Dnlgetys tn-dav at £6 12s' hut no sellers forwa;■<!. Seilers in Westnort Coals have been I reel v rpiotcd at. £1 8s Qrl, without result. There have been buyers for the two issues of Wright, Stephensons Uirmighont the week at .87 and £4 Ins respectively, without eliciting any sellers. To-day's quotations : —Dredging.— Electric—Buy 3/3. sel 4 '. —Quartz.— Talisman Consolidated—Bnv St sol Q/ Wai.hi—Sol 35/. Waihi Grand Junction— Buy 15/, sel 15 . —lnvestments.— National Bank of New Zealand—Buv £4 16/6, sol £5 2/6. • Dank of New Zealand (eon.)—Bnv 817 sel £l7 56 ’ ■ Standard Insurance Go.—Rev £1 top srl £2 0/9. £2°D6 Sh ’ P C °' £2 Union Steam Ship Co, (pref.)-Buv i/1 1/. Westport Coal Co.—.Sel £1 89. Huddart, Parker Co. (ord.)—Bnv £1 5/ Huddart, Parker Co, (prof.)— Buy £ll'.’ Electric Tramways (ord.)—Sc] D.I.C. (ord.)—^Par. Dalgety and Co.—Buy £6 ]2/. Dominion Rubber—Biiv £1 18 '. q k] pp o o^-?c- Refriserating C ®’ '- Gx di'vj— Buv sj&J 15/. M’Leod's Soap—Buy £l4 5/, sel £l4 15/. Mosgiel Woollen Factory —I’nv £4 1 6. National Mortgage Co.-'-Sel £4 Ob. N.Z. Drug Co., Ltd. (£2)— Buy £2 8/5. Perpetual Trustees Co.— Buv £1 3.-. Wright, Stephenson (ord.)—Buy £7. Yv'right, Stephenson (pref.)—Buy £4 15/.