(Bf Ops Spzqui) Beportkr)

The leading feature of the share market has been the activity displayed in May Queen, Golden Cross, and Alpha ("Waitekauri), the shares in the former having advanced from 7s 3d to 10s 6d. The cause for the fitful move in these shares is partly due to the improved prospects of the mine, and also to a rumor that a Paris syndicate has made

an offer of 15s per share. This, it was supposed, fcho Company had refused. However, since then the legal manager has been interviewed on the matter, and says that as far as he is aware no offer has yet been made for the property. The most imporLautmove was the advance in Golden Cross shares. By last week's quotations they stood at 35» 6d, and they steadily advanced from that figure, and now stand at 475. Alphas were also in strong de mand, sales taking place as high as 3s. Waihis are sellers at £% and buyers £6 12s 6s. 'v ilverfons advanced from 10s 6dto buyers 11s 6d. There is a slightly better feeling in Karangahake stock. WoodsAocks have hardened to 255, sellers 265. The proposed amalgamation of the Talisman, Marmion, and other pro-1 perties adjoining has been the cause of an improvement in the value of shares. Alburnias are firm at 2s 10d buyers, and sellevs 3a, Oriandos have been in de mand at 8d or 9d with sellers at lOd. Victorias have been sold at 7|d. Hazel banks have changed hands freely at from 2s 7d, 2s lOd, and 3s. 'Japu stocks are quiet. Further developments may see an increased demand for these shares. Sheridans are sellers Bd, and sales of Boyals 6|d, Golden Hill shares

( VI anaia) have been enquired for at 9d, and Welcome Finds have advanced from Is 6d to is'XOd sales.. New Moanatairi sales 4s 6d, sellers 4s Bd, the market closing with prices unchanged,

MAY QUEEN.
