AUCKLAND STOCK AND SHARE MARKET.

New Zealand Herald, Volume XVII, Issue 5657, 5 January 1880, Page 4

AUCKLAND STOCK AND SHARE MARKET.

I have to report considerable improvement in the Stock and Share Market since last report. B*nk of New Zealand have advanced from £10 10s to £17 ; other bank stocks also showing an improvement. Business iu insurance stocks has been very slack, but we hope for an improvement in the course of a few months. In gold mining shares there is a marked advance, owing to the find in the Alburnia mine. These ahajes have advanced from 20s to £6. They have declared two dividends of 17s 6d and 20s respectively, for the last two months, and are likely still to advance. For further inforraation, see course of sales, showing piesent priccs and business done.

Alex. Saunders, atoctt and Estate Agent. 2, Insurance Building*, Auckland, 3.Z. CALLS AND DIVIDENDS. The following calls and dividends have been made „ Calls— £ s. d. When due. Ntw Golden Pah .. ..010 — Jan. 14 Dividends— i Alburnia 10 0 — Jan. 9 SALE OF RACE HOUSES.

At the Kaymarket, on Sd.turd»y, a considerable number of the horses which competed in the Summer Meeting at Ellerslie were offered for sale, but the competition was by no means brisk, and the principal lots were withdrawn, the reserve price not being reached. The fol-

lowing is the result of the sale :—The first offered was Mr, R. Farmer's chestnut mare Lady Elizabeth, 4 years, by Tecanga, dam Ladybird. She was for sale without reserve. She was started at £30, and was bought by Captain Fergusson, of Waiuku, for £35. The next offered was Mr. Farmers chestnut filly Lady Gertrude, 3 years, by Papapa, dam Ladybird. She was started at £25. and bought by Mr. Allen at £42. Mr. Riy's string was then offered. The first put being the well-known racehorse Teraplcton, which was started by Mr. Prince at 300 guineas, on which there was no advance, and he was passed in, the reserve being 500 guineas. Maritana was also started at 300 guineas, but no bid was elicited, and Bhe was passed at the reserve of 400 guineas. The Australian crack steeplechase horse Lone Hand was brought forward, aud a

good deal of interest was manifested. He was started by Mr. Prince at 300 guineas, and the bidding ran up to 375 guineas, the principal bidders being Messrs. Prince and Butler, but he was passed iu, the reserve being 400 guineas, the owner refusing to take less for the horse. Mr. G. Dounc's horse Sinking Fund, by Tovyton, dam Phtobe, was started at £100, and passed at the reserve of £150, no bid being made. Mr. S. C. Caulton/s horses were next offered without reserve. Gillie Galium started

at tiie modest figure of £15, and was knocked down to Mr. Duckworth at £28. Tregeagle 11. was also started at £15, and was bought by Mr.lt. Blair for £31. Mr. MclvDr's steeplechase hors? Grey Momus and the racer Balmoral were offered. The former being started at £100, the highest bid obtained was £130, and he was drawn, the reserve on him being £200. Balmoral was also started at £100, and the bidding reached £140, at which he wus passed, the reservo being £250. The bay gelding Rata, 5 years, by Opawa out of Maggie Lauder, was started at £50, and bidding ran pretiy briskly to £100, at which there was a pause, and the horse was about to be passed, the auctioneer announcing that his reserve was £lf>o, upon which Mr. F. Matthews offered £125, at which he was, with the owner's consent, knocked down. Introduction, a brrwu filly by Sir Walter, dam Atalanta, wis started

at £50, but there was no other bid and she was passed, the reserve on her being £100. This concluded the sale.

Company. Business. Closinj Prices. i5ANKs— Buyers, deliers New Zealand .. £17 17 0 0 17 5 0 National .... — — 3 30 Colonial .. .. £2 2 0 2 1 6 — Insurance— New Zealand .. — 2 5 0 2 8 0 .South Biitish — — 2 0 0 Standard .. .. — 0 10 0 — Union .. .. 14/0 0 14 0 0 15 0 Coloaial .. .. — 070 — National .. .. — 0 18 0 1 0 0 Miscellaneous— Auckland Gas .. 6/12/G vS/10/0 — 8 12 G Union Hash & Door £5 5 0 0 5 5 0 N.Z. U& Mercantile 70/, 72.0 3 12 6 3 15 o U<y of Islands Coal — — $7 10 0 Mixing — Alburnia .. .. 5/15/0 5 15 0 C 0 0 MoaiiitiUri .. — 2 6 0 2 SO Caltdouian.. .. — — 10 0 Thames .. .. — 1 7 0 1 10 0 Kuranui Hill .. — 0 5 G 0 G 0 North Divon .. — 030036 of lieauty . — 0 C 0 0 6 6 uidWhtu .. ..1 — 1 15 0 2 0 0