The principal feature in today's market was the increased activity in Ewo Cotton shares resulting from the Company's announcement of the issue of new shares and the payment of an interim dividend of 75 cents; per share. Opening with business at $16.70.and advancing to $17.50 approximately 25,000 shares were transacted, the market closing a little easier with buyers at $17.00 and sellers at $17.10.
Except for Trusts and Loans done at slightly lower rates there was no marked change in the other active stocks.
Wharves:—came into the market at $175 and 1,800 Trams (B) charged hands at $37.75 and $38.00 closing with buyers at $38.00 and sellers at $38.50.
Debentures:—Were moderately quiet except for $44,000 Power 5% per cent at $8200 and US$10,000 Boxer Indemnity Loans at US$68.00.
Text read from the printed page and cleaned; old type leaves the occasional error.