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SHAREMARKET.

Both Waihi Extended and Four-in-Hand shares advanced in price to-day on tbe Exchange, the rise in the latter case being a smart one, due to the fact that a few pounds of good specimen stone were on view at the office of the company. About ten days ago there were no buyers of Four-in-Hands; then an inquiry set in at 6d, with sales at 7d. On Saturday business was done up to 1/, and to-day transactions took place at 1/9 and 1/10. The advance in Waihi ExteTtdeds is not sO readily explained. It may be due to the fact that driving has commenced from the bottom of the 500 ft shaft, or it' is possible there may be some amalgamation scheme afloat. At all events, sales were reported to-day from 2/6 to 2/9, with buyers left at 2/8. Komata Eeef shares maintained last week's advance, sales taking- place at 1/6 and 1/7. Te Puke Eeefs and Monowais were both enquired for at.2/, but no sales resulted. Standard lines generally were in fa:r demand, with few changes in values. National Insurance shares, however, changed bands at 20/ and 20/3, and buyers came' in for New Zealand Eiver Plate at 22/6. Mosgiel Woollen shares were still in request at 75/, and Westport Coal at 92/6.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19020512.2.6

Bibliographic details

Auckland Star, Volume XXXIII, Issue 111, 12 May 1902, Page 2

Word Count
214

SHAREMARKET. Auckland Star, Volume XXXIII, Issue 111, 12 May 1902, Page 2

SHAREMARKET. Auckland Star, Volume XXXIII, Issue 111, 12 May 1902, Page 2