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COMMERCIAL.

SHAREMARKET,

Since my last report there has been some movement in tho sharo market, and a reference to quotations Avill show a slight improvement in prices. Tho recent discovery of payable stone in the Golden CroAvn Company's mine at Terawhiti haa had the effect of creating a good deal of enquiry for that description of scrip ; and what for many years has been regarded as a hopeless dream has now the appearance of realisation. From 3s Gd the Golden Crotvns have sprung to 13s, and other mining scrip at Terawhiti has more or less obtained an advance. I have received the prospectus of the Aniseed Valley Coppor Promoters' Company (limited), together with samp of the oro. I shall publish the in tho course of tho week. PJcrc-«um- pchares remain firm, and in v' 0 f y ie results of boring operations ar. tho Southcru Cross shaft are tightly heb_ for a risei Salos.-Umon Insimr 235; 9d: Crosa . Petroleum, 3s, 3s 2d. '

Sellers.— New ZeabmiL, _22 15s; Colonial, 475. i murauce . New Zealand, 755; South. J3ritish. 575; Union, 245, exGlv.;,_C-; o i an i a i. 8s 6 _t; Standard, 13s 6d; Accjiciout, 6s. 9d. Miscellaneous: Napier fias, £10 5s ; AVcstport Coal, 17s ; National Mortgage, 29s ; Colonial Investment, 20s ; N.Z. Drug, 245; N.Z. Shipping, 82s Gd; Southern Cross Petroleum, 3s 2d; South Pacifio Promoters 7s, Contributors 2s ; Ross No. 2 Goldmining Co., 2s 6d; Terawhiti Golden CroAvu, 13s; Albion, 5s (scarce). '

Buyers.—Union Insurance, 23s 6d, cxdiv. ; National, 25s 6d ; South British, 56s ; Accident, 6s 6d; Colonial Bank, 46s 6d; Torawhiti Goldon CroAA'ii, 12s Gd; Albion, 4s. TV. G. Motley. (By Cable.) London, July 6s. Consols remain at 100J, and Ncav _Jefcland securities as follows : —Five per cent 10-40 loan, 106_-; five per cent 1889 loan, 10_£; four per cent 1879-1904 loan, 102; four per cent inscribed stock, 103. The wheat market is unchanged. Adelaide, ox-store, 40s; NeAV Zealand ditto, 42s to 455; Adelaide flour, ex-store, 335. Tho total quantity of Avhcat afloat for Great Britain is 1,770,000 quarters, being 50,000 quarters less than last Aveek. Australian tallow, best beef 41s, and best mutton 42s 6d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18830709.2.4

Bibliographic details

Daily Telegraph (Napier), Issue 3738, 9 July 1883, Page 2

Word Count
355

COMMERCIAL. Daily Telegraph (Napier), Issue 3738, 9 July 1883, Page 2

COMMERCIAL. Daily Telegraph (Napier), Issue 3738, 9 July 1883, Page 2