THE FALL IN WAIHI SHARES.

Dominion, Volume 3, Issue 907, 29 August 1910, Page 5

THE FALL IN WAIHI SHARES.

.) "DAILY MAIL" ON THE CAUSE. By Telegraph—Press Association-<3opyrieht. London, August 2G. The "Daily Mail" attributes the recent fall in the price of Waihi shares to persistent unexplained selling orders from Now Zealand making English holders nervous. AN UPWARD MOVEMENT. (Rec. August 29, 0.25 a.m.) London, August 28. The Waihi Goldmining Company's shares were quoted- yesterday on the Stock Exchange as follow:—Buyers, 151s. 3d..; sellers 1535. 3d. Waihi Junction quotations wore:— Buyers, 3Gs. 3d.; sellers, 38s. 9d. On Thursday the London quotations were:—Waihi Goldmining: Buyers, Ms"s.; sellers, 1475. 6d. Junction: Buyers, 355.; sellers, 30s. 3d. ' ■ AUCKLAND VIEWS. (By Telegraph.—Press Association.) Auckland, August 2S. Several members of tho Ancklond" Stock Exchange havo boon consulted regarding the cable message from London about Waihi shares. •' One remarked: "That is quite different from the impression I had. My idea was that tho first selling started from London." Another member of tho Exchangcsnid: "I understand that shaves wero sent Home, and, if such were the case, it is only reasonable that it should cause a feeling of uneasiness amongst outside shareholders. They naturally would think that tho Auckland shareholders would be in close touch with the mine, and would have some reason for sending shaves Homo to sell at lower rates. Somo lime ago, however, when there were rumours of a creep in tho mine, you will remember that it was tho London sharebrokers who sold heavily on this market, and brought the prices down."