MAKING-UP PRICE

making-up price, a term used in the london and other british stock exchanges, to denote the price at which speculative bargains are carried over from one account to the next. the carrying over of a "bull" position in eries, for example, implies a sale for cash and a simultaneous repurchase for the new account, both bargains being done at the making-up price. this is fixed at noon on carry-over day, in accordance with the market price then current (see account; stock exchange). the term is also used in new york, where the making-up prices are fixed at the end of a day's business, in accordance with the american system of daily settlements. mako, a town of hungary, capital of the county of csanad 135 m. s.e. of budapest by rail. pop. (1900), 33,701. it is situated near the right bank of the maros, and is a typical hungarian town of the alfold. the most noteworthy building is the palace of the bishop of csanad, whose usual residence is in temesvar. the town possesses numerous mills, and the surrounding country is fertile. the communal lands are extensive; they afford excellent pasturage for horses and sheep and also for large herds of horned cattle, for the size and quality of which mako has obtained a high repute.