DUNEDIN STOCK EXCHANGE
Saturday morning's market was not quite so firm in tone a3 on the previous day, but still there was a very fair amount of animation shown in quoting for the various stocks. Dealing, however, was confined to a couple of sales, in investment stocks the market was dull, and the river again showed no alteration.
Dunstan Leads had inquiry on Saturday morning at 8s 6d, as against 8s 8d the previous day, buit holders were steady at 9s 6d. A parcel of Electric shares changed hands at the buyer's price — 37s, — and at the close further lots were procurable at 375, but no other buyers were forthcoming. A sale was brought off in Golden Beds at 5s 6d, additional buyers, being in evidence at 5s 3d, but no selleis. Buyers of Golden Runs were firmer, but oallers v. ere easier, the quotes being — buyers 28s 6d, sellers 29s 6d. A request for Island Blocks at 5s ud was nat responded to, and Manuherikias were on offer af 34s 6d without drawing inquiry. Mystery Flats were unchanged, a3 alfeo were New Alpmo Consols. New Halfway Houses were firmer, but No Town Creek 3 showed an inclination to ease. Pactolus (quoted ex cliv.) were in request at 28s, a holder responding- at 3Cs. Riloy's Beaches were procurable at os Od, and a buyir came forward at. ss.
The Stock Exchange opened quietly on Monday morning, and continued so throughout ■the day. There was no visible falling-cff in the number of stocks quoted, but there appeared to be no inclination on the pait of buyers and s.ellers to do business; consequently the turnover for the day n-as nil. In the investment stock department masters were again extremely quiet. The river showed a. fall of lin yesterday morning since Saturday, the height above the normal mark at Alexandra being 4ft 4in, with the weather mild. There is still some slight trouble being experienced with drift, and those few dredges which had hoped to get started by the beginning of this week have not done so. The returns for the past week are, with a few exceptions, small, but the total is considerably swelled by the Electric No. dredge, which heads the list with 2660z — tne largf-st return won since the commencement of dredging this year.
Bignell's Xo Towns were in request on Monday at 34s 9d, and a holder responded at 15s 9d. A parcel of Dunstan Leads was procurable at 10s, but drew no inquiry ; while for Electrics buyers were offering 365, with holders asking 37s 6d. Golden Beds agam had inquiry at 5s 3d, but without lesilt. The demand for Golden Runs was not so p;oocf, but on the other hand holders vere firmer, the quotes being — buyers 275, sel'ors 30s. A leqnest for Island Blocks at 5s 61 had response at 6s 9d. Junction Electrics were just a shade firmer, buyers offering 6s and sellers asking 7s. Mystery Flats were procurable at 30s r but no buying offers were fortncomiiig. New Halfway Houses showed no alteration, but in ££0 Town Creeks holders
were somewhat easier, being prepared tv accept 20s 6d. Buyers, however, were firm at 20s. Pactoluses were unaltered, and Ri'ey's 'Beaches slightly firmer. Rise and Shines drew notice once more, but the quotes — buyers 245, sellers 27s 6d — were rather wide.
The following are Monday's latest quotations, subject to the usual brokerage . — Alexandra Lead — Sellers 6s. Bignell's No Town — Buyers 14s 9d, se'len 13s 9d. Central Char] ton— Buyers 9s 3d. Dunstan Lead — Sellers 10s. Electric— Buyers £1 16s, sellers £1 17s G3. Enterprise — Sellers 103. Ettrick — Buyers ss, sellers 63 9d. First Chance — Buyers 13s. sellers 14s. Golden Bed— Buyers 5s 3d. Golden Run — Buyers £1 7s, sellers £1 10s. Isla-ud Block — Buyers 5s 6d, sellers 6s 9d. Junction Electric — Buyers 6s, sellers 7s. Lady Roxburgh (paids) — Sellers 13s. Lady Roxburgh (contrib.) — Sellers 3s dis. Mystery Flat— Sellers £1 10s. New Bendigo — Buyers 5s 6d, severs 6s. New Halfway House — Buyers 3s, sellers 4fe No Town Creek — Buyers £1, sellers £1 0s 6d. Pactolus — Buyers £1 Bs, sellers £1 10s. Reeves's Proprietary — Buyers Is 6d, sellers 2s 3d. Riley's Beach — Buyers 5s 6d, sellers 6s. Rise and Shine — Buyers £1 4s, sellers £1. 7s 6d. Rising Sun— Buyers £1 2s, sellers £1 4s. Nokomai — Buyers £8, sellers £10. Alpine Extended— Sellers 9d. Big River — Buyers 7s. Nokomai— Buyers £8, sellers £10. Beep Stream — Buyers Is. Roxburgh Amalgamated (contrib.)— Sellers 2a
Nokomai — Buyers £S. May 2-— lsland Block, 6s 6d and 6s 3d; No Town Creek, 19s 3d; Rising Sun, 235. May 3. — Dunstan Lead, 8s 6d ; Island Blook, t 6s ; JNew Bendigo, 6s. Sales were made yesterday as follow:— May 4.— Golden Run, 30s ; Island Block, 5s 5 New Bendigo, 5s 6d. May 5. — Electric, 38s; Golden Run, 29s} First Chance, 14s; New Halfway House, 3s. May 6. — Electric, 375; Golden Bed, 5s 6d.
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Bibliographic details
Otago Witness, Issue 2669, 10 May 1905, Page 27
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819DUNEDIN STOCK EXCHANGE Otago Witness, Issue 2669, 10 May 1905, Page 27
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