Commercial.
Mr Wellwood reports a largo attendance at bis sale of Mr Nairn's horses on Thursday The draughts, which were all unbroken and of a ..gift description, met with fair competition nnd realised from £< 10s to £13 The thoroughbred and hack brood mares were somewhat neglected, owing in a great measure to the absence of a number of would-be buyers who, on account of shearing operations, were unable to attend. The whole, however, were sold at fairly satisfactory prices, considering that most of the lots were a_red. Thoroughbred brood mares sold up to nine guineas, hack marcs sold up to £7 10s, light hacks from £o to £8; ponies, aged, £5 to £0 I sold also on various accounts, light hacks from £6 to £S. Superior weight carriers up to £20. Stylish harness horses, £8 to £16. Out of a total of 00 odd entries 54 wore quitted at Baker and Tabuteau, sharebrokers, Tennyson street, Napior. report quotations a« follows .--Bank of New Zealand (old), 10"s- Bank of New Zealand (new), 80s; Colonial Insurance, 8s Gd; National Insurance, 15s Cd; Now Zealand Insurance, 66s Gd: South British Insurance, 2»s; Union Insurance, 2.1s ; New Zealand Loan and Mercan-ile, 64s ; New Zealand Shippintr Company. 955; Westnort Coal Company, 49« Od; New Zealand and River fclate Land Mortgage, 14 s: Napier Gas Company, 280s. Gold.nin.ng : Try Flukes 5s 2dl: Red Mercury, 3s ; Carbines, 2s 2d ; Mariposa, Is 2d ; Cambria, ss.
[FEB TBESS ABSOCI__.TIO».—COPTBIOHT.I
(Received November 1, 11.30 a.m.)
London, October 31
The reserve of notes and com hi tho Bank of England total £11,002,000 (an increase of £84.000 for the week), the percentage to liabilities being 35-3-1 as against 31 91 a week ago. Consols CI:,S farm- ~,, New Zealand four per cents, aro at 103., stead* three and a-half per cent. 911, fir Thrce months'bills .ire discounted at 4j per cent, below the minimum rate of the Bank of England. .. South Australian wheat .188, sitauj , oouui imnroving; and New Victorian -S.s ou, " n P"" r '"7.' mi i t„„„ t«_rrii>il 30s Od, farmer. Zealand long-Derriu _j»j , German beet sugar, eighty -eight degrees, 12s 3d, flat: Java, cane, las Ml.
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Bibliographic details
Daily Telegraph (Napier), Issue 5978, 1 November 1890, Page 2
Word Count
356Commercial. Daily Telegraph (Napier), Issue 5978, 1 November 1890, Page 2
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