COMMERCIAL.
Mr de Bourbel reports the share market as follows : Buyers— National Insurance, 29s Gel ; National Bank, 80s; South British, 50s; Standard Insurance, 10s ; Colonial Bank, 13s. Sellers National Insurance, 3ls; National Bank, 80s; South British, 52s ; Shipping Company, 10s ; Standard Insurance, 10s Gd ; Colonial Bank, Ids.
Auckland. —The “Cross” of the 30th ult reports :—The market is replete with Southern hours. The stores are overburdened with stocks ; but yet, judging from advices from New Zealand and other markets, it is highly probable that at a time not far distant all the stocks will be available, and possibly at lair prices. It becomes simply a matter of holding for a time. The stocks of Hour operate against the importations of wheat, the price of which is nominal, at 6s (id per bushel. Oats, owing to the possibility of short shipments from the South, will command high values; at present we quote 5s 9d to 0s per bushel for best samples. Bran is worth Is 6d. There have been no auction sales of importance of provisions. Prices fur hams and bacon are purely nominal, because the provincial cure of an improved quality is coming into the market. The same remarks may bo applied to butter, which at this season is likely to fall in value. Cheese may be represented in the same way.
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Bibliographic details
Globe, Volume II, Issue 108, 5 October 1874, Page 2
Word Count
222COMMERCIAL. Globe, Volume II, Issue 108, 5 October 1874, Page 2
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