COMMERCIAL.

Daily Telegraph (Napier), Issue 4006, 24 May 1884, Page 2

COMMERCIAL.

W. G. MOTLEY'S SHARE QUOTATIONS. Sales. — Insurance : Standard, 10/3 ; National, 22/6. Bank: New Zealand £21 17/6. South Pacific Oil shares, 2/-. Sellers. — Banks: New Zealand, £22 ; Colonial, 41/6 ; National, 68/0. Insurance: South British, 55/-; National, 22/- ; Standard, 11/-; Colonial, 7/-; Union, 23/-; N.Z. Accident, 6/-; New Zealand, 73/0. Miscellaneous: N.Z. Shipping, 80/-; National Mortgage, 26/6 ; N.Z. Drug, 22/G ; N.Z. Mortgage, 14/-. Buyers.—N.Z. Drug, 22/3; Napier Gas, £10 2/6 ; Standard Insurance, 10/-.

By Electric Telegraph.—Copyright. (Reuters Telegrams.) (Received May 24, 1.5 a.m.) London, May 22. The total reserve in notes and bullion ia the Bank of England is £15,400,000, an increase of £300,000 during the week. The proportion of reserve to liabilities continues at 48 per cent. The Bank rate of discount remain at 2_ per cent., and the market rate at l g . Consols are unchanged at 101 _, and New Zealand securities as follows:—Five per cent. 10.40 loan, 104 ; five per cent. 1889 loan, 102}; four and a half percent. 1879----1904 loan, 102];; four per cent, inscribed stock, 100 J. The market for colonial breadstuffs and tallow are without quotable change. At to-day's wool sale 12,100 bales were offered. The market continues firm. Sydney, Friday. New Zealand wheat, 4/- per bushel, New Zealand oats, 2/10; maize, 4/-; sugar, Company's No. 1 pieces, per ton, £34.