DUNEDIN STOCK EXCHANGE.

Otago Witness, Issue 2622, 15 June 1904, Page 26

DUNEDIN STOCK EXCHANGE.

i The dull tone, which has been a characteristic of the share market during the past week, again prevailed on 'Change on Saturday. This is no doubt the result of the small returns announced from those dre*lge3 which are looked to to swell the weekly yield of gold. Ihe only bright feature of an otherwise dull market was the excellent demand, with a corresponding rise in values, fcr Hartley £>nd Riley shpres. New Fourteen-mile Beaches commanded moderate attention on a shghtly firmer market, but there , vis no change worthy of note in Electrics. The Molyneux River, which has remained stationary for almost the whole of last week, showed a rise of Ift; on Saturday, the height being 6it 3iu above the normal mark at Alex- ! andra. j Electrics had inquiry t>t the pievious day's latest rates, but sellers were a shade firmer. • First Gkance.% were again placed on offer at ' 18s, without disclosing any buyers. Values iv Hartley and Rileys took a rather sudden rise, buyers being prepared to give <is high ss 635, as against 54s the previous day The inquiry 1 for these shares was very strong, and by the time that buyers had fulfilled their requirements values were at a level of about two weeks ago. Altogether five transactions were recorded, the prices being 60s, 61s, 633 (two sales;, and 63s 6d. At the close further buyers were m j evidence at 635, but sellers were asking 645, and, buyers not being prepared to gne that j price, no further business resulted. New Four- ' leen-inile Beaches had moderate inquiry, two ; parcels changing haifTs at 30s p., with more I procurable at the close ac a similar price, Lut ! buyers' best price was 20s. New Bendigoes leinained firm, and Riley's Beaches liad m- ' quiry at Ss 9d, but holders hald for 0s 9d. Rise and Shines were placed on offer at 21s, without disclosing any buyers, and inquiry yips made for Spnclv Points at 21s, but there was no response fro.n Feller 3 . Iho n.-.pr'iet on 'Change opep"d qtuct'.y on and both sittings passed off without iiitere3t. The only shares to receive _buyi.og attention weie New Fourteen-mi'e Beaches, v. lnch, however, showed a weaker tendency, but . at the close of ihe day's market holders were much firmer, although no buyers were m evidence. The demand for Hartley and Rileys was also much easier as compared with that on Saturday', but, on the other hand, holders lemained firm. The height of the river at Alexandra on Monday morning was 6ft -tin above the normal mark, or a rise of lin since the . previous day. The river was falling and frost had set in. Inquiry was mode for Electric shares at 27a without e'icitmg ary response from holders. First Chances T»ere slightly easier, ' buyers offering 16s 6d, oi^d tellers closing at ' 17s 9d, but Golden Beds were firmer, the quotations being — buyeis Ps, sellers 10s. Holders of Hartley and Rileys were again asking 6£s, but buj'ers were only prex^ared to give 595, as j gainst 63s on Saturday. Inquiry was made ior Nelson Creeks at 35s 9d, bu+ sellers held , for 36s 6d, and no business lesiilted. New Bendigoes were firm, and No Town Creeks were placed on the market at a shade lower price j than that asked on Saturday, but there was no i response from buyers. Ne.v Foui teen-mile : Beaches opened on a much easier market, a single parcel being taken up at the morning 1 sitting at 27s 6d p., and more were procurable at a similar puce, but buyers' best offer was 27s p. At the afternoon silting, however, 1 holdeis were asking 30s p., but there was no i espouse whatever from buyer*. Riley's Beaches were m demand at 8s ad, but sellers Leld for 10s, a slightly better price than that asked last week. Rise and Shines were placed | on offer at 23s Gel without disclosing any | buyers, and improved inquiry was made for j Sandy Points, but the price asked by sellers wss too high to allow of any business resulting. The following are Monday's latest quotalions, subject to the tiFual brokerage. — Alpine No. 2— Buyers £1 6s, sellers £1 9s. Bignell's No Town— Sellers 19s. Charlton Creek — Buyors 5s 9d. Electric — Buyers £1 7s Ettrick — Buyers 6s 9d, sellers 7s 6d. First Chance — Buyers 163 6d, sellers 17s 9d. Golden Bed — Buyers 9s, sellers 10s Hartley and Riley — Buyers £2 "9s, sellers £3 4s. Junction Electric— Buyers 5s 6d, sellers 6s. I/ady Roxburgh (paid) — Sellers 17s. Lady Roxburgh, (contnb ) — Sellers Gd clis. Mosquito — Buyers ids 6d. Nelson Creek — Buyers £1 15s &d, sellers £1 16s 6d. New Bendigo — Buyers 16s, sellers 17s 6d. New Fourteen-mile Beach — Sellers £1 10s p New Halfway House— Buyers 6s 3d, sellers S<s. New RoXburgh Jubilee (contrib.)— getters 12s

Xo Town Creek— Bevels 13s 6d sellers £1. No Town Ko. 2 — Buyers 7s. Olrig— Bnvers 12s Gd, sellers 13s 9d. Pac-tolus— Sellers £1 7s Gel Riley's Beach — Bujcis 8s 3d, °cl'ers 10"?. ni^s" and Shine— Sellers £1 3s Cd Sandy Point— Bin ers £1 2s. sellers £1 4s. Ku'livan's Lead — Seller- Gs. Upper Viupori (contnb )— Sellers Is dio. June 7. — Hessej's, 22i Gd . Mosquito, 10s ; New Bendigo, 17s and 17s 3d , New Fourl^en-mue BeachT 25s p.; New Zcalond Drug, 435. Jri:e S.— Hartley said Riley. 565; Junction Electric, Gs ; New Bendigo, 17=, 3d. K*se and Shine, 23s 6d. June 9.— First Chance, 1"=; C! olden Run, 3] ? ; Hartley and Eiley, 5Gs Cd , New Bendigo, 17.. June 10 — Bigneli's No Town, 19s; Electric, 27s 6d; New Roxburgh Jubilee (contributing^, 11s p.; JELse and Shine, 235. June 11.— New- Fourteen-mile Beach, 30s p; Hartley and Hiley, 60s, 61s, 635. and 63s Cd. June' 13. — New" Fourteen-mile Beach shaies, 27s Cd p.