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The activity of the local aharemarkets is abnormal; and yet it cannot be considered unwarranted when we look at the volume oi x business transacted in London in some of the least known of New Zealand G.M. Stocks. Many of tha names quoted below (from the rsport of - reliable correspondent) are, we venture to say, totally unkuown here at our doors, even by the men whose bußinesa it is to know (or pretend they know) all the latest | rood things en the stock and share market. ' Of course all the world (or at least ail New Zealand, which is more important) has heard of the pbeuomenkl advances realised on Waihi and Haurahi stock, but there are tony others less known to fame that at least deserve the attention of investors. Of co: rse all are not equally successful, and the folly of the promoters is seen in the pitiful attempt* to ';«ep above par in scrip such as the v GoUUn Till Expended." How could a mine prosper with suoh a name ? Take another, that great geld-produoer "The Defeat," The only gold it produced was from the pockets of the unlucky shareholders, whose hopes were defeated. Another series of mines invite confidence horn the public by virtue of being in the same provincial district as their more established brethren. Names are chosen sue;Restive of coming greatness, such as the *'North-hy-East.Extended No. 18. There is a good deal in .1 name, and some names find favour with the public, Vanity Fair caught on at once, as being the beat cigarette in New Zealand. . , ; .

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https://paperspast.natlib.govt.nz/newspapers/NZH18960508.2.14.4

Bibliographic details

New Zealand Herald, Volume XXXIII, Issue 10126, 8 May 1896, Page 3

Word Count
262

Page 3 Advertisements Column 4 New Zealand Herald, Volume XXXIII, Issue 10126, 8 May 1896, Page 3

Page 3 Advertisements Column 4 New Zealand Herald, Volume XXXIII, Issue 10126, 8 May 1896, Page 3