MINING SHARE MARKET.

Cromwell Argus, Volume III, Issue 152, 8 October 1872, Page 5

MINING SHARE MARKET.

Mr Ciias. CoLCiouoii, sharebroker, re-1 ports : —■ The absence of anything like animation has been noticeable since my last report, and sales within my knowledge have been trifling. A considerable parcel of Elizabeths have changed hands at (i:h., and I am unable to do business in them under <>2s. (id. Stirs still command L.5, and show no disposition to decline. Heart of Oaks are in favour: very few shares are offering ; they are quoted at L.u* 10a. Nil Desperandums are not moving, as holders wait for a c-mshing, the mill being nearly completed. Itobert Burns scrip do not command the attention they deserve, considering the facilities for cheap crashing possessed by the mine ; they are nominal at 7s. (id. Standards have been offered at L.3 3s. : no buvers. The John Bull Company (unregistered) appear to possess a valuable reef. —L.SO for a twenty-fourth was offered and refused. The Golden Link, Bendigo, will shortly be in scrip, which is certain to be eagerly sought after by those desiring steady dividends. The Colclough mine is changing its proprietary, and scrip will probably oe issued at L.o. The Cromwell Company continues to maintain its high character, and if divided into shares would donbtles? command a high figure. Carriek Water Cu.'s shares are commanding attention. The initiation of work has directed favourable attention to this scheme, and the work is proceeding vigorously. The New Zealand Submarine Company has not found favour in this district equal to that aseorded to it at Clyde and 1 Queenstown, although there is every prospect that the plan could be favourably adopted in this neighbourhood.