THE SHARE MARKET.

Otago Daily Times, Issue 15892, 11 October 1913, Page 12

THE SHARE MARKET.

DUNEDIN STOCK EXCHANGE. The market on tho Dunedin Stock Exchange opened quiotly last Monday, but things brightened at the middlo of tho week, and during tho last day or two a fairly large amount of business has been transacted on and off 'Change. Priccs of all classes of stocks have for tho most part continued firm, but tho northern quartzmining lines havo fluctuated somowhat. Tbo dredging division of the market has remained very quiot. Only four or five lines havo been quoted, aind no business haa been t recorded or reported. Electrics have had' sellers at 4s 3d, Rise and Shines at £1 9s, and Rising Suns at £1 ss, without buyers. Island Blocks have been placed on tho market at from t& 6d to 2s 6d, but buyers havo not been quoted abovo Is 3d. Sailor's Bends have had occasional sellers at 3s 3d, and M&nuherikias at 2b 6d, with a buyer of tiho latter yesterday at Is 3d. In the mining section prices of most lines havo been well maintained. Rosa Goldfields have eased as a result of the week's operations. This lino openod on Monday with buyers at 16s, and sellers at 16s 6d. Sales were reported and recorded at 16e Id and 16s 3d (Tuesday),-15s lOd (Thursday), and 14s 6d and Iss 6d yesterday, tho market closing at 14s' (buyer), and 14s 9d (seller). Talisman Consolidateds have been in demand up to £2 5s 6d, but thero has always been a substantial margin between buyers and sellew, and no business has been recorded. Waihis are easier than at the beginning of the week. Thero woro buyers at £2 15s, and sellers it £2 16s, on Monday, when business was transacted at £2 15s and £2 13s. On the following day prices reached their highest point during the week at £2 16s 6d and £2 17s, buyer and seller respectively, a sale being reported at £2 ! 18s. Since then the market has oased considerably. Sales were effected yesterdayat £2 14s, £2 13s 9d, and £2 13e 6d; closing quotatione being buyer £2 13s, and seller £2 13s 9d. A large turnover of Waihi Grand Junctions has been made during the past few days. The market opened on Monday at £1 2s 9d buyer, and £1 2s lid seller. Prices advanced steadily until Thursday, when there wero buyers at £1 4s 6d, and sellers at £1 4s Bd. . Tho market was easier yesterday 'at £1 ' 4s, and £1 4s 6d, buyer and seller respectively. Sales wero effected on Tuesday at £1 3s Id. (three parcels) and £1 3s 4d, on Wednesday at £1 4s 3d (two parceled on Thursday and yesterday at £1 4s 6d (throe parcels). .Business was reported at £1 & 3d (two parcels), £1 3s 4£d, (Tuesday), £1' 4s 3d, £1 4s 9d, £1 ss, £1 5s 2d, (Thursday) and at £1 4s 9d (yesterday). Now Sylvias havo had sellers at from Is 3d to la Id, with buyers up to 16. Saxons firmed from 7d to Ud yesterday, when business was reported at Is.

In the investment 6tock section National Banks havo been offered on most days at £5 Bs, with buyers up to £5 7s 6d. A salo was reported on .Thursday at the latter price. There have been buyers of National Insurances up to £2 Bs, and Standard Insurances up to £1 12s, but sellers of theso lines have remained un-, quoted throughout the. week. Prices of Union Steams (ord.) have firmed to tho extent of 16 since Monday. Thero were buyers yesterday at £l 5s 6d, with sellers asking £l 6s. Two sales Were reported on Thursday at' tho' latter price. Sales of the preferential i6suo have been effected at £1 and 19s 9d (two parcels), tho market closing slightly easier yesterday, with buyers at 19s 6d, and sellers at 19s 9d. New Zealand Shippings have had sellers at £19 10a: (Tuesday), and £18 15a (Hhmsday), with a buyer on Monday at £17. Business was reported yesterday at £17 IDs, with a further buyer on 'Chango at £17 9s. but no seller. Inquiries have been made throughout the week for Westport Coals at £1 10s 9d, with sellers at £1 11a and £1 lis 3d. Sales were effected at £1 lis and £1 10s 9d. Perpetual Trustees have had sellers at £1 2s 3d and £1 2s 6d, without buyers. Milborn Limes tare been placed on the market at £1 lis 6d, New Zealand Drug 9 at £2 7s 6d, and Kaiapoi Woollens at £5 3s 6d, but no buying offers have been recorded for these lines. Mosgiel Woollens havo been disposed of at £3 12s, with further buyers offering the 6amo price, but the market has lacked sellers.

Sales.—Ross Goldiields, 14s 6d; Waihi, £2 14s, £2 13s 9d, £2 13s 6d; Waihi Grand Junction, £1 4s 6d; Union Steam (pref.), 19a 9d.

Sales reported.—Roes GoJdfields, 15s 6d; Sason, Is; Waihi Grand Junction, £1 4s 9d; New Zealand Shipping Co., £17 10s. The following are yesterday's latest quotations, Subject to tho usual brokerage:— Dredging Stocks Electric—Sellers 4s 3d, Island Blocks—Buyers Is 3d, sellers 2s 6d. Manuherikia—Buyers Is 3d, sellers 2s 6d. Rise and Shine £1 9s. Rising Sun —Sellers £1 ss. Mining Stocks. Ross Goldficlds —Buyers 14s, sellers 14e 9d. Kuranui Caledonian—Sellers 9d. New Sylvia—Sellers Is Id. Saxon—Buyers lid. Talisman Consolidated—Buyers £2 4s 6cL Waihi—Buyers £2 13s, sellers £2 13s 9d. Waihi Grand Junction—Buyers £1 4s, sellers £1 4s 6d. Investment Stocib. National Bank—Buyers £5 7b 3d, sellers £5 Bs. Bank of New Zealand—Sellers £10 18s 6d. National Insurance—Buyers £2 Bs, Standard Insurance—Buyers '£1 lis 9d, sellers £1 12s 6d. N.Z. Shipping Co,—Buyers £17 9s, U.S.S. Co. (ord.) —Buyers £1 53 6d, sellers £1 6s. U.S.S. Co. (pref.)—Buyers 19s 6d, soflere 19s. 9d. Westport Coal Co.—Buyers £1 10s 9d, sellers £1 llfi 3d. Westport Stockton—Sellers 4s. 1 National Mortgage Co.—Buyers £4, sellers £4 2s. Perpetual Trustees—Sellers £1 2a 6d. D.I.C. (pref)—Buyers £1 2s 6d, sellers £1 2s 9d. Kaiapoi Woollen Co.—Sellers £5 3s 6cL Milktrn Lime and Cement—Sellers £1 lis 6d. Mosgiel Woollen Factorv—Buyers £3 12s. N.Z. Drug Co (£2)— Sellers £2 7s 6d. N.Z. Paper Mills—Buyers 17s. N.Z. Portland Cement—Buyers 14s 6d, sellers £15 9d. Otago Daily Times—Buyers £2 13s.' Donaghy's Rope and Twine—Sellers £1 5s 9d. Wright, Stephenson—Buyers £6 10s WELLINGTON STOCK EXCHANGE. (Pee United Press Association.) WELLINGTON, October 10. Tho following is tho business at the Wellington Stock Exchange to-day:—Waihi, £2 14s 6d, £2 13s 6d; Waihi Grajid Junction, £1 3s 6d; Ross Reconstructed, 14s 6d,

AUCKLAND STOCK EXCHANGE. .' (Per United Press Association.) AUCKLAND, October 10. Tho following is tho business at the Auckland Stock Exchange to-dayßosa Goldfields, 15s 3d, 15s 2d, 15s Id, 15s, 14s lid, 14s lOd, 14s Bd, 14s 7d, 14s 6d, 14e lid, 15s; Consolidated £2 5s 6d; National Insurance, £2 8s; Now Sylvia,, Is; Waitagi Consolidated. 7d; Waihi, £2 14s, £2 13s, £2 12s 3d, £2 12s 9d, £2 13s. £2 12s, £2 12s 3d, £2- 13s 9d, £2 14s; Waihi Grand Junction, £1 3s 6d, £1 3s 9d, £14s, £1 4s, £1 4s 3d j Devonport Ferry Co. (new), 12s 6d; Occidental Consolidated, 7£d; Waihi Reefs Consolidated, Is.

LONDON SHARE MARKET. Press Association—By Telegraph—Copyright. LONDON, October 9. Waihi: Buyers £2 12s Id, sellers £2 14s 4d. Waihi Grand Junction: Buyers £l 3s, sellers £1 4s. Talisman: Buyers £2 ss, sellers £2 7s 6ci