THE SHAKE MARKET

Evening Star, Issue 16664, 21 February 1918, Page 8

THE SHAKE MARKET

Business was again very brisk on the Dunedin Stock Exchange this morning, when a large number of sales were effected at the first call. Considerable activity was again apparent in i shipping shares, which showed a further sharp rise. Since the rumored amalgamation of the Huddart-Parker and Howard-Smith Lines, the shares of the former company hare advanced steadily in price, and aiv now very close to the £2 mark. Seven sales of the ordinary issue of HuddartParkers were made this morning, ranging from £1 16s 9d to £1 17s 6d. The market closed firm with further buyers at £1 17s 6d, and sellers at £1 18s, which is the highest quotatoin yet recorded for this stock on the local market. A sale was also effected in the preference issue of Huddart-Parkers at £1 Os 9d. National Banks were wanted at £5 7s 6d, without a seller, whilst the old issue of Bank of Now Zealands was on offer at £l2 8s 6clNew Zealand Insurances had buyers at £8 6s, and sellers at £8 Bs. The latest quotations for National Insurances are £2 19s 9d and £3 Is, buyer and seller. WestportStocktons (ordinary) were looked for at 8s 6d, but sellers were asking 9s. New Zealand Paper Mills had a close market, buyers offprint: 19s "and sellers asking 19s 4d. In the mininp market Mount Lvells at £1 9s 7d had buyers at £1 9s 4d, while Waihis were quoted at £1 18s and £1 19s, lmver and seller respectively. Sales.'— Huddart-Parkers (ord.)". £1 16s 9d, £1 16; 2d. £1 16? Hd. £1 17s, £1 17s 2d, £1 17s 3d, £1 17s 6d ; HuddartParkers (pref.), £1 Os 9d. Quotations : —Dredging.— 'Electric—Buv 1/, sel 1/6. .Ei.'p and Shine—Sel £1 0/6. Eisinp Sun—Sel 14/. —Quartz.— New Keep-it-Dark—Sel 15/. TaVsmrn C'-.-n -61'idatefl—Sel 10/6. Writ hi—Bnv Se,'. mm 3P/. Waihi !-':-a;ifl Junction—Cnv 14/2. sel 14/9. Waiotahi —Buy 6d. Mount Lycll—Buy 29/4, sel 29/7. —lnvestments. National Bink of New Zealand—Buy £5 7/6. Bank of New Zealand Icon.)—Sel £l2 8/6. Bank of New Zealand (paid)— Buy £M 61. Union Bank of Australia. Ltd.—Buy £54. Xatx:nl insurance Co.—Buy £2 19/9, sel £3 1/. N.Z. insurance Co.—Buy £8 6/. sel £8 8/. Standard Insurance Co.—Sel £2 1/3. Union Steam Shit> Co. (pref.)—Sel £1 1/6. Huddart, Parker (ord.)—Buv £1 17/6, sel £1 18/. Westpcrt Coal Co.—Buy £1 10/. Weetport Stockton (crd.) —Buy 8/6, sel 9/. D.I.C. (ovd.i—Buy par. Dominion'Ei'bbpr—Sel £1 18/. New Zealand RefriceniiinsCo.— Buy £2. New Zealand Refrigerating Co. (new issue)—Sel £2 1/. Kaiapoi Woollen (ord.) —Buy £7. . Jlilbnrn Lime and Cement—Buv £1 10/. Mosgiel Woollen Factorv—Sel £4 IS/ Papuan Prcduets—Buv 2'6. N>v Zealand Paper Mills—Bnv 19/. sel 19/4. - ' Pernetual Trustees Co.—Buy £1 5/6. Whitcombe and Tombs—Sel £6. Brace "Woollen Co.—Buv £1 8/. Dimlop Rubber Co. (D'pref.)—Buv £1 of.