MR MOTLEY'S SHARE REPORT.

Daily Telegraph (Napier), Issue 3659, 6 April 1883, Page 2

MR MOTLEY'S SHARE REPORT.

Mr AA r . G. Motley reporis upon the cf-tlic share market as follows :—

"£L.e tone of the market is dull, but during tjie past month a fair amount of business lias been transacted. The stock principally sought after are Insurance and Colonial Bank. I quote sales — Union Insurance 20/0, 20,9, and 21/-j South British, .36 C, 56/9, and 57/-, neAv issue 10/9 (transfer fees in this latter company having been abolished) ; National, 26/-; Colonial Bank, 45 6. Accident are Avanted at (>'-, 2 - paid, and Colonial 9/0. AVestport Coal are offering at 12/6, 20,'- paid; New Zealand Shipping, 90/- ; Loan and Mcreanti l c 120/-; Northern Investment, 23/, no bu* c " ' A few Napier Gas arc offering at 905"-' The Oil Springs—Little business V • ' :*' these shares in consequence of temporary stoppage of the works ha / c removed the whole of the- lant b t - 00 yards below the old orkin aml bori was resumed thxs_ v g° uthcni Cros ° Sm Th UO ' V ' acm ' n 29 ° feet ' sinkw-q 1r ° P - ll o mecr anc * sKt shaft '(7 .~• '- ttve heen discharged, and two thorou'^. p rac _ c(l i borers engaged from Aus_, ra __ au( j Philadelphia. Boring will oe resumed shortly from the bottom of the tihafk The Ross No. 2 Goldrnining Company has been successfully floated, application for 1000 shares being applied for in Napier.

The following are my latest quotations :— Banks.—New Zealand, £23 10/- ; Colonial, 46■''- ; National, 70/-.

Insurance.—New Zealand, 74/- ; Accident, 6/- ; National, 20,'-; South British, 57/6, ueAV issue 1/- premium; Standard, 13/6; Union, 21/3; Colonial, 9/9; Equitable, 1/6 ; Mutual, 3/-.

Miscellaneous.—Napier. Gas, £10 5/-, neAV issue 19/-; Drug, 24-; Ncav Zealand Shipping, 90/- ; Southern Cross Petroleum, 3 - ; Pacific Promoters 5 6, Contributors, 24 ; Mosgiel AVoollen Factory, 82 6 ; National Mortgage, 30/-; Northern Investment Co., 23-,