COMMERCIAL.

Daily Telegraph (Napier), Issue 4060, 26 July 1884, Page 2

COMMERCIAL.

W G. MOTLEY'S SHARE QUOTATIONS. Sales. — Colonial Bank, 42/-; Kaiapoi Woollen, £24 2/-; Union Insurance 22/9. Sellers. — Banks : Now Zealand, £22 ; Colonial, 43/6 ; National, 67/-. Insurance : Ncav Zealand, 74/- ; National, 23/6 ; Union, 23/- ; South British, 57/- ; Standard, 12/- ;"" Colonial, . 7/G ; Accident, 6/- ; Accident Association of New Zealand, 2/G Loan Co's : Ncav Zealand Mercantile and Agency, £5 15/- ; National Mortgage and Agency, 25/6; N.Z. Land Mortgage, 14/- ; Northern Investment of New Zealand, 21-. Shipping: New Zealand, 81/- cum. div.';. Union Steam Shipping, £12 57-. Miscellaneous : New Zealand Drug, 23/6 ; Mosgiel Woollen Co., 76/-; Kaiapoi Woollen, £24 2/- ; Westport Coals, 22/-, 40/-, paid, and 31/-, 50/- paid ; Humphreys Gully United Gold Mining Co., 4/0. Buyers.—lnsurance : Standard, 11/6 ; National, 23/- ; Union, 22/6 ; South British, 50/-. Banks: New Zealand, £21 10/- ; Colonial, 42/-, cum. div. ; Napier Gas, £11; New Zealand Land and Mortgage, 13/6.

By Electric Telegraph.—Copyright, (reuters telegrams.) (Received July 25, 7 p.m.) London, July 24.

Consols remain at 100g-, and New Zealand securities at tho following quotations:—Five per cent. 10-40 loan, 104; five per cent. 1889 loan, 103_ ; four ancl a half per cent. 1879-1904 loan, 103; four per cent, inscribed stock, 100£. Tho total reserve in the Bank of England in notes and bullion has risen to £14,600,000 an increase of £300,000 during the week. The proportion of reserve to liabilities has advanced 1 per cent, and is no 45 per cent. Tho bank rate of discount remains at 2 por cent, and tho market rate at 1-J-. The wheat market is unchanged. Adelaide, ex-store, 40/6; New Zealand ditto, 34/- to 40/(5; Adelaide flour, ex-store, 28/-. v . , Australian tallow, average quality, beef 35/6, ditto mutton 35/6 Pig iron, No. 1, f.o.b. in Clyde, remains at 45/- per ton. Galvanised iron has further fallen £1 per ton. Gospel oak corrugated, packed in cases f.o.b. in London, is now quoted at £17

Sydney, Friday.

Ncav Zealand wheat, per bushel, 3/5; New Zealand oats, 2/6 ; maize, 4/4 ; sugar, Company's No. 1 pieces, per ton, £33. (Received July 25, 0.50 p.m.) Melboupne, Friday.

The Melbourne manager of the National Mortgage and Agency Company of Ncaa; Zealand reports tho sale of a cargo of kauri timber at tho following average prices j— At per 100 feet super, saAvn flitches 15/3, saAvn boards 1-inch 14/3 to 20/-; ditto 1.1/4 to 3-inch 14/G, dressed boards £-inch 16/-, ditto | inch' 16/6 ; at per 100 feet lineal, tongued and grooved flooring 4 x 1$ 7/6, market dull

Adelaide, Friday,

Wheat is quoted to-day at 3/9, market quiet; flour town brands £9, and country ditto £8 15/-. Freight toEondon, steamers 30/-, ditto sailing 30/-; the market is improving, and holders of tonnage are unwilling to operate except at higher prices.