AUCKLAND STOCK AND SHAREMARKET.
Tho stock market hasiiien rather inactive for pornmilent stocks. li.mk .if New Ze.ilaml s.iarcs liavo boon in good demand at Zi-\ "is, and sale.-: have been Ulide ilt.C'ilJ TslJil. A (rt- s:i!« o( National liuiUs iiro reported at 775. C'olnniil Ji:ink shares have ciiiingcil hands ill p:ir,;cls at 47s (Id. with Kellers nt <Ss. hi-,uruiH-e shares arc slill very dull of sale. Tills may lie partly a-counted for liy tho present aceptiona'lly low Uriir rates. Loan and Mercantile and Sash anil L);.or rime? have beun in request, the former at AG 2s (id. Tlio latter lln<l numerous buyers :it JSS T.s. and tho ne«- issue nro enquired for at -1 Is (J>.< paid.) 'J-lnTfare very few .-ellers c,f either. Money i.-i Mimewhat Buiroer. snmll sums comui:iii<lini: 7J to a per cent on «on<l freehold .seenrity. Thuru lias been great e.xeitement in tin- mli:iiiK market, causoil mainly l>y tlu' very larw lin.ls of vicli stono i" the Tiince liiiperi.il mimi, situate<l in ("i-.vili.-iir.sto-.yn K!:.;. Thwso shares uilv.incoil in;ii:lily froai 4Us ttiO.'.i, -ml tlion. in c in«e<inenc<! of the I ist largo l>real:in n - r.own r.ot<:oiiiii.-lii.tr. ,-x|.a«:»iti'.-i. and an unreasonable pmic Beltiii«in. diMpjicl tc .',os They aru ntn -.tea.ly, at lls with sellers at -'iw. This ,Iml in the Gr.iiiai.istown l-'lat. at a depth of Kill feet below tile s-rt. level, U ciuisiDg c|iiit« a mvival "f mininj; at Thanio • :.-iil as nevi-ial subitantial ci)ini«inic£ ~ive i-p-.i furmeil. Knvi<etic prospecting will carried on, Mid further rich finds in this locality are almost certain to take place. The low tunnel in tho Deep Level ground at a depth of <><0 feet is now going thiough splendid country, and tho manager reports there is a. very good cliuncc of gold being i:ot. The share? ure in good demand at :\% 4d to ;ia Otl, anil when the proposed Mnalgainatiou with the Southern Cros is accomplished, it will be one of our stronst-st and most nected with tho Imperial, and will bo able to drive on the unto leader in ;huir own mine. Coromandcl is looking better, the Kr.rringa, Tokatea, Tiernan'.i and othcir comiianies being all on good dirt. A new vontliro hai huen started c illoil the New Corby. Tho cronad is situated next tho Rapa.iga, and includes thu old Corby mine, and as the company is in good hand;, and has purchased the Corby lattery, those
best informed think the show a particularly gool ! one. The company have the usd of a Bhaft sunk 2f!o feet, and quite dry, free of cost. The Union Beach is reported to be in better form, and Urge parcels (if these shares haTO been purchased at 2j Cd. There 13 uo important news from tho Aroha. This district Is awaiting the completion ot the tramways, and &a tenders have been accepted, the contractors, who arc fine weatherall before them, should ninkf 'excellent headway. In four months, we may cipect to seo some of the mioes crashing. The following quotations will give a fair idea of the market and tba course of siles:— Company. B »- Ters - Sellers - effeltel. £ s. d. £ s. d. Bank of X. Zealand 23 5 0 — £23 7/8 National Bank .. — 317 0 77/ Colonial do. ..270 2 S 0 476 New Zealand Insur. — 3 13 0 77, National do. .. — 13 0 — South British d 0... — 2 IS 0 5S 6, SS , Union do. .. — 10 0 19 G, 20' Colonial do. .. 0 0 6 010 0 ' 9'(l Accident do, .. 0 5 "7 — 5/i Loin ,t Mercantile 6 2 6 — 2'6, £0 5/ Auckland Gas' ..350 — ,-eS s', £S 7/6 Thames do. ..150 D". Sash <t Door Co. 8 150 £S 15/ Auckland Timber — 7 10 C £7 10/ N. Zealand Timbpr — GlO 0 Mercury Bay Timber — Par " — -N'. Z. Shipping Co. — 5 0 0 — Devonport Ferry .. — Par. — Coromandel Steam 0 16 G 017 0 16', IG'6 Northern Steam .. — 0 10 G Bay of Islands Coil — 7 10 O — Taepiri Coal .. — 0 17 0 — New- Zealand Drag 13 0 15 0 — Fisher and Co. ".. 011 0 0 1.2 0 11/6 to 11/9 Arch nill Brick .. 012 0 013 0 — Auckland Stud .. — 11 0 0 — Gold Minin; Shares— Moanataiari .. — 010 0 17' to 20/ Alburnia .. — 0 17 0 — Caledonian .. — 0 12 0 — Kurunul Hill ..056 060 i'to6/ Golden Crown .. — 0 13 0 12- to 13/ (jneen of Be'iuty -.110 120 22/, 21' Southern Cross ..120 140 10/ to 22/ Deep Urol Tribute 0 3 5 0 ." 6 4,3 to 3/fi Bright Smile ..020 020 3,6 to 110 Mariner ..030 040 r> 3, 3/6 Prince Imperial ..••■4 0 2 6 0 05/. 45/ Success ..0130 015 0 19 6, 15/ Seymour .. ..013 0 1 e Iβ to 1/3 Lou.lon .. ..020 0 -2 G 29 to 2/3 New Manukan .. — 0 2 (i — New Union Beach.. 0 2 6 0 2 0 2,6 Hand of a Friendship — 1C 0 0 promoter's sh Werahiko .. — 0 3 0 — Vulcan .. .. — 0 3 6 — Premier .. — 0 8 U — Pinaforo .. .. — 0 16 — Albx. Saundeks, Stock and Sharebrokor. Auckland. Xow Zealand, December 2, 1532.
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Bibliographic details
New Zealand Herald, Volume XIX, Issue 6567, 4 December 1882, Page 4
Word Count
840AUCKLAND STOCK AND SHAREMARKET. New Zealand Herald, Volume XIX, Issue 6567, 4 December 1882, Page 4
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