COMMERCIAL.

New Zealand Times, Volume XXXIV, Issue 5795, 25 October 1879, Page 2

COMMERCIAL.

We report continued dulneas in every department | of the Import trade, the past week having exhibited no signs of improvement. There has been little ornfj change in quotations, nor have we heard of any Hives dunging hands, all transactions being essentially of a retail character. Owing to the continued excess, of importations over our current wants, stocks in importers’ hands have Increased to an extent that, precludes the hope of better rates for some ti'me to come. In colonial produce, salt butter in kegs has declined in value, although there is little coming forward; Fresh butter lu pickle has been sold at &L Cheese ; There ate full stocks of Canterbury maV.o at 7Jd to 8d per lb. Bacon and hams are dull at gjd to 9d. with only light stocks. Flour remains at our last week’s quotation for Southern mills. Oats, full supply at 2s 4d to 2s 6d, Ma'ze dull, at 3s 6d per bushel. Fowls’ wheat is wanted, there being none in stock. Potatoes have advanced to £7 and £8 per ton, according to quantity. New potatoes are selling at £l4 to £lO per ton. J. M. TAYLOR’S SHARE REPORT. Wellington, October 24, 1879.

There is ve- r y little doing in ba-.ikand insurance shares. Co’.onial Banks are want'-d at 'lls. and a i m of Ncw Zusl ‘ iml Insuran C e has b ecu quitted ?• , The continued scarcity of money and the Ab',,i rates ot interest which loan.-j 0 n freeh old property command exercise an adverse influence on all shares, and renders the market stagna _nt

1 a •6 Company, { Capital. i 00 1 Araoun 1 paid up § Of > 5 £ £ s 4 Bank of New Zealand 1,000.000 10 10 350* 15 Union Bank of Australia 1,S00,000|25 25 £50 IS National Bank of N. Z. .. 1,000-.000:10 2,000,000! 6 31 62 6 6 Colonial Bank of N. Z. 42, 3 New Zealand Insurance Co. 1,000.000 10 2 50,' 10 South British Insurance .. 1,000,000 20 2 47/ lb National Insurance .. 1,000,00010 10/ 2 0 20 St • ndard Insuran ce .. 1,000,000 10, 15/ 11 0 Union Insurance 2,000,000 20 15/ 14/3 Colonial Insurance .. 2.000.000 10 10/ 6/ New Zealand L. and M, A.. 3.000,000 25 2i 33/ New Zealand Shipping 100.000 10’ 5 Of., Wellington Trust and Loan 200,00010 5. 1 6i 60/ 200/ I2i Do. (2nd issue) ' • 10.000 lO'sr.r Wellington Gas Do (2nd issue) 100,00010 10 15 Do (3rd issue) ■Wellington Public Hull .. 9.000 30 l 30 ! 35' 10