COMMERCIAL.

Auckland Star, Volume I, Issue 251, 28 October 1870, Page 2

COMMERCIAL.

Evening Stab Office,

Friday afternoon

Mr. B. Tonks sold at his mart, to-day, a quantity of brush, hard, and plated ware, being the stock of a general dealer. There was a good attendance, and fair prices were obtained. The Wangapoa Saw Mills, offered by the same auctioneer, were withdrawn.

Mr. S. Jones held a sale of wines, spirits, &0., today. No quotations are given.

Mr. Joseph Newman's Weekly Repoet. —Tho share market has again been very inactive. We have very few sellers at the low rates offered, and no disposition on the part of the buyers to advance. My sales comprise— Kuranuis at £3 5s ; Junction, 16s to 15s 61 ; Long Diire, Ins; Shotovers, 10s 3d. —The half-yearly meeting; of the proprietors of the Bank of New Zealand passed off very satisfactorily, a dividend and bonus together giving 15 per cent. Bank shares are held more firmly, but no advance in prices can bo quoted. I am a buyer of Long Drives at 10s lOd. Ma.btin SholiL's Uepobt.—The amount of business done during the week has been very limited. There is a demand for Long Drives at £10 10s } Caledonians at £9 ; Shotovers at 10s 6d, and Whaus at 18s. The half-yearly dividend of 10 per cent., and 5s bonus, was paid by the Bank of New Zealand yesterday ; an 1 shares are now quoted at £14 10s ; New Zealand Loan shares at £2 17s t>d. Another dividend of ELO per share was declared Dy the G-oldun (Jrowu (J-oLI Mining Company on the 22nd ; aud by the Dauntless and Sink-to-Rise on the 2Jth, of Is per share.—Auckland, October 28, 1870.

VicKßits and Orchard's Report.—This has been unoMier quiet week in our markut. The chief feature has been the half-yearly meeting of Bin k of New Zealand shareholders, and declaration of dividend of 15 pe'- cent., ■which is now payable. The report should be considered as highly satisfactory, for notwiihflUn ling the unusual depression of late iv all brandies of tra le, and the larjje number of failures, the profits for the half-year just ended is only some £268 less than for the one preriotts, 'Which certainly implies that great caution and care must have been exercised in the Bank's ordinary transactions. All the new shares appear to have been taken up readily.

—New Zealand -Insurance Company's shares are advancing, ar.d at. present are firmly held as the time for dividend appn ai-hes.—Gold mining shares remain flat, and much thesa,nif as last week. There are buyers of Long Drives a* £10 10i ; Caledonians at £9; Shotoveis, 10s 6d ; and vV hau at 18s.

61, Queen street, October 28, 1870,

Names of Companies. Capital. Amt per Share. Amt. paid. Last quotatn. % share. Bank of Ne\y Zealand Ditto, new issue N. Z.Insurance Auckland Gas Co. .. N. Z. \.. &M Co. .. U. S. and D. Co £600.000 250 000 30 000 500,000 1 100 5 25 22 5 5 5 £15 141 19i to 20 SI f