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MINING SHARE MARKET.

Mr Cololoijoii reports :— The market has improved for sellers, who continue to pare with shares reluctantly even at advanced rates. Elizabeths have steadily advanced, and arc now firmly held at £3, at which price 1 report sales. Star of the East shares have reached To 10s. in the local market, where a number even at that rate arc not procurable. Of Nil Desperandums, I report sellers at 205., at which 1 quote transactions ; hut the near approach of machinery will doubtless improve the scrip. Colchmgh Company, Bendigo ; none offering, pending new financial arrangements. Robert Burns : 1 quote buyers, 8s ; sellers, 10s sales effected. Heart of Oak shares firmly held for £0 to £0 10s : expect to report further advances. Mr WILLIAM Mac'sau, sharebroker, reports for the week ending September 9, as follows : The share market lias been quiet for the past week, owing to the advanced prices demanded by sellers, who, with the present open weather, combined with the certainty of increased crushing power, appear determined to retain as much interest as they can. For Heart of Oaks, 1 have | enquiries at 935., hut sellers are firm at Co. For j Star of the Easts, £5 Ills, is wanted by sellers, ! and as there are only a few scrip in the market, i this price will doubtless be got. Elizabeths are I firm at £3. Nil Desperandums I can offer at 20s. for a limited quantity, but expect daily that these will be withdrawn. Boberfc Burns : 1 have quitted a parcel at Gs. this week ; but now have to quote Ss.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CROMARG18720910.2.8

Bibliographic details
Ngā taipitopito pukapuka

Cromwell Argus, Volume III, Issue 148, 10 September 1872, Page 5

Word count
Tapeke kupu
264

MINING SHARE MARKET. Cromwell Argus, Volume III, Issue 148, 10 September 1872, Page 5

MINING SHARE MARKET. Cromwell Argus, Volume III, Issue 148, 10 September 1872, Page 5

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