MINING.
AUCKLAND STOCK EXCHANGE. [Froji Our Correspondent.] AUCKLAND, March 17. The c.osing down of the books of the ‘Old Hauraki Goldruining - Company caused a demand to set in for prompt delivery of transfers, with ‘iho result that prices advanced from 3s Gd to 4s od, then fluctuated between 4s 2d and 4a 4d. The position of the mine also shows improvement, as specimen stone' has been met with iu the hunkers intermediate near the 220 ft level, and this should point to the new reef probably being- picked up at each of the upper levels. Free sales w-ero also made of Mount Welcome shares owing to further hauls of picked stone being reported. Considering the quantity of picked stone secured, 6d seems a low price for this stock. Waihi shares have dropped several shillings during the week owing to the rumourof probable trouble with the men. Waihi Grand Junction shares firmed in price during the week, frequent sales being made up to 355, with later transactions at 3d under that figure. There have also been steady sales of Talisman shares at 535. and Crown from 5s 7d to os. New Sylvia shares continue in fair demand at from 4s 7d to 4s Sd, and Monowai 9re still wanted at. ,1s lid. Other Thames lines bad little attention this week with the exception of Waitangi, which sold at 2s to -2s Id. Mountain King shares firmed this week, sales taking place, up to Is 2d. In southern mining shares Blackwater changed hands at 30i and Consolidated Goldfields at 22s 3d.
DUNEDIN STOCK EXCHANGE. [Per Press Association.] DUNEDIN, March IV. Stock Exchange sale—Old Hauraki 3s 9d.
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https://paperspast.natlib.govt.nz/newspapers/LT19100318.2.19
Bibliographic details
Lyttelton Times, Volume CXXI, Issue 15257, 18 March 1910, Page 5
Word Count
274MINING. Lyttelton Times, Volume CXXI, Issue 15257, 18 March 1910, Page 5
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