COMMERCIAL.
SHARE REPORT.
The following are my latest quotations
Sales.—lnsurance : South British, 57/-, 67/G, cum. div. ; National, 21/9, 2">.-, and 25/4. Banks: Colonial, 41/9,45- ; Petro leum, Pacific Contributors, 3.11; Ross No. 2 2-. Sellers. —Insurance: Colonial, 8/G ; South British, 58/-, ex-dividend; Union, 21 G; Standard, 13.'-. Bunks: Colonial, 45/-: Now Zealand, £22 15-. Miscellaneous; Napier Gas, £10 ; AVcstport Coal, 17/- (30/----paid) ; National Mortgage, 27,G; Northern Investment, 20/- ; New Zealand Drug, 2 I'- ; Ross No. 2, 2-. Petroleum : Southern Cross, G/G; Soulh Pacific Contributors 4/-, and Promoters 7 9. Buyers.—Union Insurance, 21-; National, 21.9 ; South British, 50.- ; Accident, 7/-; Colonial Bank, 41/G; Pacific Contributors, 3 G. W. G. Motley.
[IJY OATiLE.I London, October 11
The total reserve in the Bank of England in notes and bullion is .£12,700,000, being £200,000 below the reserve last Thursday. Tho proportion of reserve to liabilities has further fallen _ per cent, during tbo week, and is now 41 per cent.
Tho bank rate of discount remains at 3 per cent and the market rate at 2.}. Consols have advanced to 101-;J-.
Now Zealand securities remain at the following quotations:— Five per cent 10-40 loan, 103.1; five por cent ISS9 loan, 10.") J- ; four and a half por cent 1879-1901 loan, 1011; four per cent inscribed stock, 101 i. Tho markets for colonial breadstuffs and tallow are without quotable change. Australian hides arc in good demand at an advance of Icl to : jd per lb. Best selected transparent kauri gum is quoted at £14 10s. Sydney, Friday. New Zealand whent remains at 3 9 ; New Zealand oats are quoted at 2 3 ; maize, 3 1 ; sugar, Company's No. 1 pieces, per ton, £35. Adelaide, Friday. Wheat has fallen Id to 2d during the ■week, aud is now quoted at 4 0, with market quiet; a decline in prices for flour still continues, and town brands are now worth £10 to £10 15-, and country ditto £9 10/- to £10 per ton.
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Bibliographic details
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Daily Telegraph (Napier), Issue 3820, 13 October 1883, Page 2
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324COMMERCIAL. Daily Telegraph (Napier), Issue 3820, 13 October 1883, Page 2
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