SHAREMARKET.

Auckland Star, Volume XXXIX, Issue 252, 21 October 1908, Page 5

SHAREMARKET.

-, BUSINESS DONE— ' Xanhern Steammiiip (p.o_). ..._„„_.. .16/6 * Northern btesmsiup (coot.) ......-T/8 5 TaHamfln COttfiOii<ULted —--~.. . ..38^6 - Crown „ — ..1..-4/S , Waibi ' _._J7a/8 Jie»Tesrflle ... ; . — ..„»..__. 4d Tairua Golden Hills _...7/9 New ZealzuxtL Tiwnrynif cc 7^ fc Kaori Timber (eont.) 1 New Zealand Cement (new)...... 17/e 3 STANDARD STOCKS— .

---c OLD HATJBAKI. ,s ° MEETING OF SHAEBHOLDEKS: t " "'.' d An extraordinary general meeting of j. shareholders in the Old Hsuraln GiM. Co. . was held tliis morning In Mr H. CHMHan's X Office, when there was a large attendance, o Mr John Earle presided. The object of Uie »- meeting was to consider the proposal to _ purchase the' Golden Pah: Company's property for IS,tM6 sirrtlnary shares In "«>e Old s UanraM Company, paid np, to the same it amount as shares In the Old HauraH Comsany. The chairman, is submitting the lesotataoo, explat»ed that ttate of flhe dlwetoe In tte OM BanU GJL Co. woe atoo l . OtßtinUm m Ac Octha P»h CB^parr

•femieson, their own b«l strongly the acquiring of tie Golden. Pair ■ PEofreiiji. -The--- chairman explained that 2? communication between the two n™?- -The Union Beech.-'•__&-w_. «_hia astone s throw of tlie Hanrakl boundary: JJJW| was a lot of'"qjuoctz in trie Golden fwitbat might pay the tHd HauraWCo. to treat wtth its own battery. There was a considerable quantity of ore in the Pah to which gold could be seen. They got Mr wane, of the'WaiotaM. to report: upon the property, and._«r gentleman favoured,, tke proposed amalgamation, _of._ the., properties; rnefirertovs. considered, for these reasons, tnat it wonld-be a good plan to acquire the Golden Pah Company's property.--He the first resolntftm. regarding. *V advisability of acquiring the Goldta It* sroperty. ' "■» Mr C. Hnrfseri seconded the" motion. Mr Leethasr aid there was a large n%_ !Sf °f shareholders In the- Old" Hanra*« against this amalgamation. The Government geologist's 'report pointed to the nA orgold-bearing country dipping In a north-, erly direction, which woold be towards tire* lona section.. Re conrfdered thai, rather than give 16,666 shares for the Pah, they sbonld be offered to present shareholders In the Old HanraM Co. at 1/ each; '" '■ " """ . . Mr Hudson sold he was not a-shareholder in _« Pah Compshv, but the* opinions of experts seemed to' point to the desirability of the property being acquired T JisL old Hanrafe l G.M. Co. Lite res! qnestion. to his mind, was whether the price was a fair one. -* "-' - •' - ; -- * The chairman 'explained ttot ttey were developing the lona section at the mtsnt time. 7:; ~ : . Mr V. J.. rarnav * representing' flfteea: thousand shares; contended that the amalgamation was not desirable, mere was not sufficient. In the repotte to-warrant P- g , 16,666..5hare5, for the- Golden Pah property. - -_.. , • .: "7;. • "7-,-,.^ After some further discussion the motion was lost on the voices, and, as a poll was not demanded, the matter was not further proceeded with. "*' .'"'• ■ .-•»■»•-»*•-

..- Sellers- Buyers. Bank of New Zealand. 170/0 .. — Natteaal Bank . 101/6 .. — Mew Zealand Insnrance 72/0 .. — National Insurance — .. 27/9 Sottth British Insurance 50/0 .. — N.Z. and ltiver State — .. 31/6Hilmrangi Coal _ .. 13/6 Northern Coal (»/ p.u.) T3/Q '. . 13/U Tsapiri Coel 18/6 .. "IS/** 1 Westport Stockton 10/9 „ 10/0 Auckland Gas 293/0 .. — Auckland Gas (new) 20*O '.. — Northern Steamship (p.u.).. 16/» .. — JJeTonpurt Steam Ferry.... 33/0 .. — Kauri Timber <cont)..-..-. 13/7 ..13/4 Auckland Tramways (pref.) 22/6 .. 21/6; Auckland Tramways (ord.) 21/0 •- — Sew Zealand Cement (new) 17/9 .- ; 17/6. New Zealand Cement. 2S/0 ..27/3 New Zealand Paper Mills.. 24/0 .. — Tonson Qarlick Co., Ltd... l»/0 .. — Union On . 20/0 -. — Wiseman and Sons (ord.).. T3/3 "..: 12/8 Wilson Cement (pret)..—.;-38^O—«. MIXING STOCKS— . • SeBeia. Beyets. Dixon's Consolidated 0/4 .. 0/3 Kntanai — 0/7 .. 0/4 Koranai-Caledooian 0/104-. 0/9 May. Queen ..: %7 3 — 2/6 New Sylvia 2/4 ..2/2 Old Alburnia ' (p-U-V-...: 1/0 .. : 0/T Saxon 1/2 ..'- 1/1 Victeria off. ,. 0/M .. 0/7 Waiotani 2/10 .. 2/S Waitangi It .... 3/4 „ — Watchman 0/2j .. 0/L Consolidated Geidfttids .... IS/6 .. 14/9 Progress Mines ..10/6 Blackwater 2B/0 ...25/0 i Old H.inraki Mines 1/5 .. "1/2 Tokatea . ..f..... : ........... 0/4 .. 0/2 ■Bendiso 0/5 .. 0/4 Champion (p.n.) 6/1 .. — Champion (cont.) 5/2 .. 5/0 Crown .:.:.,........ 4/6 .. 4A Dominion (cont) 0/5 : . 0/2J Karanphalq , 1/2 .. 171 Komata Beefs 1/2 .. 1/1 NearesviUe 0/3i Pride of Waini 0/6 .. 0/2 Beady Bullion 0/4+ .. 0/% ElGing Sun 0/5 .. 0/4 Silver Hills si a/4 .. 0/2i Tairaa eonqoeror (cont-) 0/8 .. 0/5 Tairua Broken HHjs 2/6 .. 2/0 Tairua Dawn 0/S .. 0/3} TairuaTrlnmph 0/8 .. 0/5 Tairna Goiden HiHs — .- 7/9 Tainra Extended 0/61 .. O/4 Talisman ConeoUdated 38ft ..38/3 Waihi IW/S . .178/0 Waihi Grand Junction .7*34/9 .. Si/3 Waihi Beach 0/4 .. 0/3 Waihi Consolidated 2/1 .. 1/H Waihi Extended 3/6 .. 34/3 Mountain. King (cont) 0/7J .. 0/5 BrilHant 0/4 .. 0/2J Lanigaa's Antimony 0/8 .. 0/8