THE WEEK.

Inangahua Times, Volume VIII, Issue 1280, 4 June 1883, Page 2

THE WEEK.

Saturday, June 2.

A very much improved tone has prevailed in the milling market duiing the past"ws£k,-4ifd 'foi* tilie'-first time for months past, ihobrokers have been fairly busy. Tlie * funk " which appeared to have seized Dunedin shaveholders last week has been superseded b$ a healthier feeling, tbjp resbitj that during the we% just'closifig there have been large withdrawals of shares from the open market there, and for several of the stocks which were heaped upon the brokers hands last week a brisk domand has no\y sprung up. This is notably the case in regard to Keop-TC-^aT , l„r'whicn we>.e quite recently obtainable at M\2 ,2s 6d., and for which on Friday last numerous Dunedin commissions were received to purchase at £2 7s 6d, but even at that figuie no shares were procurable in Reefton. The Homeward Bound came suddenly into prominence -during the fejiM_- n i ffilifiejfc'st &yj£rtw<£fc„ has been an active demand for the shares at prices arranging from 8s to 9s, but few commissions could be exejj cuted locally at these figures, the disposition being firm to hold. Fiery Crosses have also received considerable attention a^.well aat Just-in-Times and Hopefuls. Globes appear to be permanently on the rise, the market rate advancing steadily with the progress being made with the erection of

the company's crushing plant. Lankey's Creek's aro also once more in the running, and in view of the readiness of the machinery to start bpeiations a very confident feeling prevails amongst shareholders. The improvement is, in fact, an all-round one, and coming as it does at a time when the majority of people were rather prepared for the very opposite ■•■ condition- of things, it will no doubt encourage directors to be up and doing.

The following are the battery returns for the past week": — > . " '

WElco_s'.-i3sßozs.' > of -amalgam, ' frbrii 90 tons of stone. Keep-it-Dark.— l7oozs. of amalgam, from IGB tons of stone.