THE SHARE MARKET.

Otago Daily Times, Issue 17444, 12 October 1918, Page 10

THE SHARE MARKET.

DUNEDIN STOCpr EXCHANGE. I here has been a. good turnover on the local share market during the week, the prices generally continuing firm. Mount Lyell mining shares, however, have dropped from £1 lis to £1 9s 6d, which may be auc to the possibility of labour troubles in Tasmania, .whore the miners are asking for largely increased wages. There was business in this line during the week at £! 9 s 6d, £1 9s Bd, aud £l 8s Bd. Waihis and Waihi Grand Junctions continue firm. They were in demand yesterday at £2 0s 6d and 14s lid respectively, but there were no ] sellers. Grand Junctions have had numerous sales at 14s 3d, 14s 7d, and 14s 6d. There has been practically no change in the price of Talisman Consolidated shares. In the dredging market Electrics have been wanted up to Is 9d, and Rise and Shines_ up to 15s, but there have been no sellers in either case. The only business in banking stocks has been a reported sale of National Banks at £6 14s. Buyers of Bank of New Zealand shares are still offering £13 6s and £18 ss, for the old and new issues respectively. Union Banks have had buyers up to £58 10s. P. and O. deferred stock was on offer yesterday at £400. The latest cabled London price is £435. Huddart-Parkers wero tlio means of business on Tuesday at prices ranging from £2 2s to £2 2s 9d. Thcro "was a sale at £2 yesterday, and the shares were on offer at £2 Is. Westport Coals have been in firm demand at £1 lis, and were sought yesterday at £1 lis 4d, with a seller at £1 12s 3d. West-port-Stocktons have been on the market at 9s, without result. Insurance shares havo not received a great deal of attention. New Zealand Insurance shares are worth about £10 10s; and South British Insurances were oa offer on Tuesday at £6 19s. When the market closed yesterday there was a buyer of Standard shares at £2 ss, and of Nationals at £3 6s 6d. The latter have ji firm tone. A few other lines, generally quoted, have remained firm, and woollen company shares havo also been in firm demand, but no business has been recorded. There has been a good deal of activity in New Zealand Paper Mill shares, which havo had business on several occasions at £1 3s, and another sale was transacted vesterday at the same price. Sugar of Milk shares had a sale early in the week at £1 16s. Wilson's Cements have firmed to 16s 4d and 16s 9d, buyers and sellers respectively. There was no afternoon call over on the exchange yesterday. Sales.—Huddart-Parkor (ord.), £2: New Zealand Paper Mills, £1 3s. The following arc yesterday's latest quotations, subject to the usual brokerage:— Dredging. Stocks. Electric—Buyers Is 9d, sellers 2s. Rise and Shine—Buyers 15s. Rising Sun—Sellers lis 6d. Mining Stocks. Talisman Consolidated—Buyers 9s 6d sellers 9s 9d. ' Waihi—Buyers £2 0s 6d. Wailii Grand Junction—Buyers 14s lid. Mount Lyell—Sellers £1 9s 6d. Investment Stocks National Bunk —Buyers £6 12s 6d. National Insurance—Buyers £3 6s 6d. P. and 0. (deferred)— Sellers £4CO. Union Steam (pref.)—Buyers £1 Is. sellers £1 Is 9d. Standard Insurance—Buyers £2 ss. Huddart-Parkor (ord.)—Sellers £2 Is. Huddart-Piirker (pref.)—Buyers £1 0s 6d Westport Oil Co.—Buyers £1 lis 4d, sellers £1 12s 3d. Westport-Stoekton (ord.)—Sellers 9s. D.I.C. (pref.)—Buyers £1 0s 4d. Dominion R.ubber Co.—Sellers £1 Bs. N.Z. Refrigerating Co.—Bu vers £2 5s 9d. Kaiapoi Woollen (ord.)—Sellers £7 13s. Kaiapoi Woollen (pref.j,—Buyers £6 10s. Dunlop Rubber—Buyers £1 Bs. Milburn Lime and" Cement—Buyers £1 14 s. National Mortgage—Buyers £4 6s. N.Z. Drug Co. (£2 paid)— Buyers £2 14s. Wilson's Cement (ord.)—Buyers 16s 4d, sellers 16s 9d. N.Z. Paper Mills—Sellers £1 3s. Otago Daily Times—Buyers £2 12s, sellers £2 13s 6d. Perpetual Trustees—Buyers £1 6?. Sue,ir of Milk—Buyers £1 16s 6d, sellers ■ £1. 17s 6d. WELLINGTON STOCK EXCHANGE. (Per United Press Association.) WELLINGTON, October 11. The following sales wero recorded on 'Change:—Kaiapoi (ordinary). £7 15s- Wellington Investment F. and A., 10s Bd. CHRTRTCT-TURCH STOCK EXCHANGE. (Per United Press Association.) CITRT STCHTTRCH. October 11. The following sales were reported:— D.I.C. (pref.). £1 0s 6d.

AUCKLAND STOCK EXCHANGE. (Pee United I'uess Association.) AUCKLAND, October 11. •tho following salo.s were recordod on 'Change:—Bank of Now Zealund, £18 6s; Taupiri Coal, 19s 6d; Auckland Gas, £1 7s 9d; Wellington Woollen, £7 15s; Talisman Consolidated, 9s 7<l ; Waihi Grand Junction. 15s 9d; War Loan (1933), £97 15s.