DUNEDIN STOCK EXCHANGE.
The share market on Monday was. quiet. The opening stock, Alpine No. 2. supplied one of the two sales recorded for the day, the price J»iug-8s 6a, with values at the close showing an improvement as compared with those ruling on Saturday. A parcel of Dunstan Sieads placed on the market at 7s found an inquiry at 43. The master of the Dunstan liead dredge, having shifted down the river, has started to work into the bank from a point in the river part of the claim where leturns of 70oz and thereabouts have been won, and on working into there he will take
in a piece cf beach ground which has not been previously worked. As already mentioned, it may take three weeks to get properly into the bank and have a face opened up, and though a certain amount of gold will be won in the meantime there will not be sufficient to warrant a wash-up until this has been done. Good returns niajf, however, be looked forward to as from, say, the 24th inst. Electrics provided a sale yesterday at 28s 3d, and the closing quotes— buyers 28s, sellers 28s 6d — showed a slight falling off as compared with Saturday's rates. Golden Beds were distinctly firmsr, buyers offering 14s 3d, as against 13s lid at '.he close of last week, and holders quoting at 14s 9d, a price Is higher than that asked last week. An inquiry for Golden Runs at 37s found a response at 395. The return from the Run dredge last week was 85Joz, which, though not as large as those being won some weeks back, is certainly a good one. The directors of this company are at present on a visit to the claim. The declaring of a dividend,, perhaps 2s 6d or perhaps 3s, is not unlikely within the next few days. New Alpine Consols were placed on the market yesterday at 11s, but failed to elicit any buying inquiries; and New Trafalgars were very firm at — buyers 245, sellers 255. The Molyneux yesterday morning was as high as 7ft above the normal mark at Alexandra, showing a jump of IJft since Saturday. A high river from now to the close of the season appears to be certain.
The following are ' Monday's latest quotations, subject to the usual brokerage: — Alpine No. 2— Buyers 8s 3d, sellers 9s. BignelFs No Town — Buyers 6s. Chicago — Bayers 14s. selleTS 15s. Dunstan Lead — Buyers 4s, sellers 7s. Electric— Buyers JBI Bs, sellers £1 8s 6d. Golden Bed— Buyers 14s 3d, sellers 14s 9d. Golden Run — Buyers £1 17s, sellers £1 19s. Hessey's — Sellers £1 4s. ' Island Block— Buyers 6s, sellers 7s 6d. Junction Electric — Sellers ss. Molyneux Hydraulic — Buyers 4s 6d, s-ellers
Molyneux Kohinoor (paids) — Sellers ss. •New" Alpine Consols — Sellers 11s. New "Traf algai- — Buyers £1 4s, sellers &\ os. Perseverance — Sellers £1 Is. Reeves's -Proprietary — Buyers Is. Riley's Beach — Buyers 6s. "Waimumu — Buyers 2s 6d, sellers 4s. Royal Wahnumu — Sellers 10s. : Mining.
Roxburgh Amalgamated (paid) — Sellers 4s
Alpine Extended — Buyers 4id,
October 31— Golden Bed, 13s 6d, 13s 4kl, and 13s 3d; Reeve3's Proprietary. Is 6d. Novembei 1. — Electiics, 27? 6d. November 3. — Alexandra Bonanza, 4s 6d; Golden Bed, 13s 3d. November 4 —Electric, 28s Gd ; Gciden Bed, 133 and 13s 4|d; Sailor's Bend, 10s; Roxburgh Amalgamated (contrib.). 3g 9d. f November 6. — Alpine No. 2, 8s 6d ; Electric, 28s 3d.
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Bibliographic details
Otago Witness, Issue 2695, 8 November 1905, Page 29
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569DUNEDIN STOCK EXCHANGE. Otago Witness, Issue 2695, 8 November 1905, Page 29
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