The activity of the local Bharemarketi is abnormal {aud yet it cannot be considered unwarranted when we look at the volume of business transacted iu London in some of the least known of New Zealand Q.M. Stocks. Many of the names quoted below (from the report of a reliable correspondent) are, we venture to say, totally unknown here at our doors, even by the men whose business it is to know (or pretend they know) all the latest good things on the stock and share market. Of course all the world (or at least all New Zealand, which is more important) has heard of the phenomenal advances realised on Waihi and Hawaii stock, but there are many others less known to fame that at least deserve the attention of investors. Of corrse all are not equally successful, and the folly of the promoters is seeu in the pitiful at* tempts to keep above par in scrip such as the Qoldtn Till Exptndtd." How could a mine prosper with such a name . iwe another, that great gold- producer Tns Meal." The only gold it produced was from the pockets of the unlucky shareholders, whose hopes were defeated. Another series of mines invito confidence from the public by virtue of being in the same provincial district as their more established brethren. Names are chosen suggestive of coming greatness, such as the " Waihi -North-by-East- Extended No. 18. Thpre is a good deal in a name, and somo names find favour with the public. Vanity Fair caught ou at once, as being the best cigarette in New Zealand. " Now that the banks have amalgamated, probably some of the clients of the Colonial v will be politely requested •to i place their accounts in credit. They will ask for time. They may get it, but everyone should take, ' time by the forelock and buy a Watorbury Watch. The new and improved "watch, 'The < Trump)" is now in the market ■
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH18951129.2.13
Bibliographic details
New Zealand Herald, Volume XXXII, Issue 9990, 29 November 1895, Page 3
Word Count
324Untitled New Zealand Herald, Volume XXXII, Issue 9990, 29 November 1895, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.