THE SHAREMARKET.

Auckland Star, Volume XXVIII, Issue 74, 31 March 1897, Page 2

THE SHAREMARKET.

A better feeling was noticeable on the Exchange to-day aB far as mining stock was concerned, due no doubt to some extent to the facb bhab settlements for the end of the month have now practically been made. A reassuring telegram from the Progress-Castle Rock mine also helped bhe market, 701b of picked atone having been obtained at yesterday's breaking down. A demand, set in for these shares, and sales were made from 9d to lld. Waibi Extended shares also had free sales, having advanced in a few days from 3£d to 7d, with firm buyers still ab 6d. A move like thus wben the mine is nob being worked points to a sale toanadjoiningCompany, bub so far no information has been made public Scandinavian shares also, advanced, lines selling ab 7d and being still wanted. This is due to the fact thab a cable was received from London stating that a final payment of £1,000 would be made to day. A dividend of 4£d per share was also declared in tbe Britannia Company out of the purchase money received from London. Alburnia East shares also firmed a little, sales being made up to Bd. Stanleys were also bettor, a good line changing hands at Is. There waa also more disposition to buy better, class stocks, though still at low rates. For Waihi-Silverton 20a was offered, being an advance of Is upon yesterday's price. For Waitekauri share. 75s was offered, and 25s for Crowns. Victorias changed hands at 2s lOd, and a little higher price was offered for Kapai-Vermonts and Hauraki North shares.