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STOCK AND SHARE MARKET.

(£ttr,J , H. Newman, Sherpbrokor, reports for the past week as foßowa t— Bankß.— Bank of New Zealand £5 old, £6 18a new; colonial, 41s 3d oum div; Union Rank, £69. Iniurano«B.— N.Z,lnßuranc9,6saGd; South British, 27s 6d; Union, 27s Gd; National, 16s; Standard, 14a 3d; N, Z, Accident, 7s Gd. Miscellaneous. — Mosgiel Woollen, 72a; Kaiapoi Woollen, 84s; Wellington, 665; National Mortgage, Bjj N.Z.Laud Mortgage, 8s; Loan and Mercantile, 51b 6d; Union S.S. Company, £10 10s; Gear Meat, £b 10s; S, Manning, M 10s. MiniDff. - Alpine, 17s; Globe, IG3 9d; Progress, 168; Keop It Dark, 13s; No. 2. South Dark, 4s 6d; Inkerman, 5s Gd; Fiery Cross, 4a 3d; Golden Treasure, 1» 9d; Golden Lead, 2j 3d; Merrijigs, 1b 3d; Durham, Is; Ex- ' ohange, l 8 6d; Cumberland, lGs Gd; Hard fco Find, Od; Big River, 8a 6d; Lord Edward, 3s 3d; Sir Charles Russell, Is Gd; Golden Hill, 8d; Golden Bar, Gd; Paudora, Is 3d; General Gordon, Is; Gallant, Is 3d; Wealth of Nations, 'in 3d; Scotia, Is 2d; Inglowood, Gd; Hercules (Resfton), 2s; Boioonsfleld, 2*; Johnston's United, 2s Gd (nominal). Returuß of orushing,— Cumberland 812oz amalgam from 90 tons (clean up). Globe 703 ozs from 190 tons (oleau up), Is dividend deohucd. Keep it Dark 9(5 01% from G6 tons (olean up). Progress 280 ozs from 185 tons. Alpine 230 0zs from 200 tons. Inkorman 82 oas from 130 tons (top plates). No 2 South Dark 232 ozs from 86 tons (olean up), Fiery Cross 285 ozs from 100 tons (top plates), Alexander (dredgoj 370 ozs of gold 72 hours dredging. The following is the monthly report from Dunedin ;-- Banke.—Bank ot New Zealand remain about the earns as l&Bt month {or if anything rather easier,— Colonials bliow a satisfactory balance sheet carrying forward £8710 to next halt year being an increase of £1510 on the amount previously btought forward. The meeting will bo held on 80th inst.— National : Tha latt instalment of oali was duo on 11th inst. Shares have been dealt at 38s and upwards, We espeol a steady demand at increased prioee.— Union Bank : Cablegrams from London anounoe that this Bank is likely to absorb the business of the Bank ol South Australia. Insurance, — The enquiry for insurance stock noted in our last hae nofc been maintained. Some of our local compauieo have lost heavily of late, but on the other hand it is stated fchafc a tariff has been arrived at whioh should have room for fair profits on underwriting. Nationals and Standards aro weaker but Unions hays firm buyers, South British and Now Zealands arc negleoted. Miscellaneous.— Weßlport Coal arc firm at quoted prices. No business to record in Loan and Agonoy stocks. Gear Meat aro sought after, Moßgiei aud Kuiapoi Woollen iv good demand. New Zealand, Drug Co. shows in the balance sheet tho usual 7 J per cent, a sum of £1000 added to fice iusuranco fund, and an inoreaso in amount carried forward. Mining.— Dunedin Dredge — A meeting has been calitd to consider the question of Surohaslng the Bteam dredge belonging to o2 Company. Jutlaud Flat is on good ground, 31 ozs of gold hut week, Snnd Hills returned 53 ozs for the past week, Reefton Quartz— Cnmborlands have had a Bttbatantial rise, the stone i 8 proving of very good quality, Globe returns are excellent and leporta most encouraging with plenty of »tone in view, dividends shouuld be regular for "along time.' Keep it Dark are sinking on stone whioh is highly spoken of. Alpines remain about the tamo. No 2 Darks are orushing away steadily and a dividend ie shortly expected,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18920329.2.20

Bibliographic details

Nelson Evening Mail, Volume XXVI, Issue 72, 29 March 1892, Page 3

Word Count
604

STOCK AND SHARE MARKET. Nelson Evening Mail, Volume XXVI, Issue 72, 29 March 1892, Page 3

STOCK AND SHARE MARKET. Nelson Evening Mail, Volume XXVI, Issue 72, 29 March 1892, Page 3