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advices have been received that she is to be followed by the Ruapehu and the Coptic, the former of the New Zealand Co.'s line, and the latter of Messrs. Shaw, Savill, and Albion Co.'a fleet. The timber trade oontinuea to find employment for a great number of vessels, and vessels of from 100 to 300 tons, to load for Australian and ether ports, are in demand. In thebuilding trade business still continues dull, and confined to the repairing trade. The new steamer built for Mr. Featherstone is now almost completed, and it is expected will be ready to take up her running in a few days. An addition to our locally-owned fleet has been made by Messrs. Henderson and Macfarlane, by the purchasing of the brigantine Ilea Vans, which they 1^' en , d to keep employed in their Island trade, one is a handy craft, and should prove profitable to ner new owners. Very severe gales have prevailed during the greater part of this month, and the latter part of last month, which have resulted in the loss of several of our coasting vessels, and In one instance (the Pelican), in the loss of the crew. Particulars will be found in other columns. Elsewhere in this issue are given the arrivals and departures at this port. The following are the movements of vessels at the following of our Southern ports. Wellington.— June 23 : Glasgow, ship, from London. Heavy gales were met with off Australia. Departure, July 1: Kaikoura, s.s., for London. Lyttklton. — Arrival: June 27, Alliance, barque, 105 days from New York. Departure : June 27, Doric, s.s., for London; (13tb) Loch Awe, for Portland (Oregon). DdnkdiN. — Arrival: July 1, Famenoth, barque, from London, 89 days out; (4th) Arawa, s.s., from London in 41 days 15 hours 28 minutes; Thurso, barque, from Mauritius, the captain's wife died on the passage. PORT OF ONEHUNGA. ARRIVALS. Gairlooh, s.s., McArthur, from Waitara. Passengers : Misses MoLeod, Smyth, Messrs. Sohinkel, Brown, Gilmour, McDonald, Watts, J. Smith, K. Brown, and 3 steerage.—A. Barnes, agent. Hinemoa, s.s., FairchlliJ, from Wellington. Passengers : Major Minnett, Mr. O'Callaghan, M.H.R., and 1 native. Btaffa, s.s., Daniels, from Waitara.—A. Barnes, agent. The Northern Co.'s s.i. Staffa arrived from Waitara on Saturday night. The Northern Co. s s.s. Gairloch arrived from Waitara on Saturday morning with 27 sacks seed, 471 sheep, 6 horses, 132 pieces meat, 22 packages luggage, SO sundry paokages, and passengers as above. She leaves again for Waitara to-day, according to advertisement in another column. The Government steamer Hinemoa, Captain Fairchild, arrived from Wellington on Saturday. She left Wellington at 7 p.m. on the 15th, called at Taranaki on the 16th, but was unable to get alongside the breakwater owing to the heavy sea breaking over it. When the tide had ebbed Captain Fairchild again endeavoured to berth his vessel, but found it impossible on account of the shallow water. She leaves again this morning to discharge her Taranaki osrgo. The Union Co.'s s.s. Penguin, from Southern ports, with the outward San Franoisco mail, is due to-morrow morning, and should arrive at the wharf about 10 o'clock. She leaves again for the South according to advertisement at 11 o'clock ; latest train for passengers, 8.40.

COMMERCIAL. New Zealand Hkbald Office. Saturday afternoon. Mr. Gabriel Lewis sold on Friday last 10 cases of framed oleographs. There was a large attendance, and all sold at satisfactory prices. AUCKLAND STOCK AND SHARE MARKET The sharemarket has been very inactive for several months, but during tlie last few weeks a decidedly better tone has prevailed, and prices of both our permanent stocks and mining shares show an upward tendency. The rise in the price of wool is undoubt. edly the chief cause of the increased confidence shown, and fortunately one or two of our mining ventures show much improved prospects. The Upper Thames mining district is now known to contain some highly payable reefs. The chief difficulty is to know how to extract the bullion, seme of the qnar i having proved quite unsuitable for furnace reduction. For some time past p*rcels of ore from this district have been sent to London, San Francisco, and other places, and the results of the trials in nearly every case prove beyond doubt that if we had the capital and requisite scientific knowledge to enable us to treat each particular class of quartz in the proper manner that fortunes might be made out of Karangahake, Waihi, and the Tut creek fields, Ore is being shipped to Europe pretty frequently, and the result! will speedily prove the enormous value and great extent of the Thames Peninsula. LaMonte's furnace at the Thames has, for the present. stopped working ; but a complete furnace plant having been erected on the Woodstock property at Karangihake, arrangements are now in train to start this, and within a fortnight this furnace should be at work reducing ore; if the operation be successful, a great impetus will b« given to mining on the Upper Thames. Another pUnt for extracting the nrecious metal is also being erected in the same district—this is known as Railiey's pan process — and is very fivourabiy thought of. This should be at work in about a month. , , And several wall known citizens are turning their attention to the necessity of erecting some plant which will be able to extract the gold and sliver at a reasonable cost. Loan and Mercantile shares have been very low, but are feellag the influence of the improved tone of the market, also Land Mortgage shares, these are now quoted *t par, and should be a very safe investment at this figure- Gas shares keep firm at quoted rates, and Bank of New Zealand's are in fair demand. Colonial Banks are wanted at 42s tki, and with very few sellers. New Zealand Insurance Company have had a remarkably good half-year, and after paying the usual dividend, have carried forward a very substantial amount. These shares are firm at 70s. The following will show the course of quotations for the month Company. Bnyers Sellers ' effected. £ s. d. £ s. d. Bank of N. Zealand 19 15 0 20 0 0 £10 16/ National do. .. — 1 17 0 — Colonial do. .. 22 6 2 3 6 42/6 N.Z. Insurance, cum 319 0 310 0 63/, 70/ South British do. .. — 110') National do. ... 015 0 015 6 15/ Union do., ex dlv... — 10 0 £1 Colonial do. .. — 0 5 0 — Standard do. .. — 0 11 0 — Accident do. .. — 0 4 0 — Loan & Mercantile x 3 14 0 3 16 0 £3 13/ National Mortgage — 10 0 — NZ. Land Mortgage — 10 0 £1 Auckland Gas, old 11 0 0 — £11 3/6 Do., new issue 6 0 0 5 2 6 £5 Thames Gas Co. ... — 114 0 — U. Sash & Door Co. — 1 10 0 — Auckland Timber.. — 3 5 0 — NZ. do .. - — 5 0 0 — Mercury Bay do. .. — 0 13 6 — Devonpoit S. Ferry — 017 6 — Tauplri Coal Co. .. 1 8 0 — — Gold Mining Shares: Old Caledonian ..0 5 0 — 6/ to 5/3 Golden Crown ..010 — 1/1/2 Darwin .. ..0 6 6 0 7 0 4/6 to 7/6 Cambria .. ..0 4 9 0 5 6 2/10 to 5/3 Alburnia .... — — 2/6 Sllverton .. — 0 3 6 — Ross United .. — — 8/6 to 11/ New Manukau ..013 016 1/4 ALEX. SAUNDKitS, Stock and Sharebroker. Auckland, July 17,886. Mr. Edward Lev don reports busiest!! daring | the last fortnight brisk in all departments ; furniture and produce being in good demand, cbjsts of drawers bringing from 30s to £5, doable Iron bedsteads 30s to 60s, single ditto 15s to 355 ; bent-wood chairs 6s 6d to 9s 6d, suites in horsehair (9 pieces) £14 10s to £18 10s, round tables 16s to 50s, washstands 5s 6d to 15s, kitchen tables 8s and 10k, A quantity of clothing was sold, but the pricus obtained were not satisfactory. Jewellery was very slow in moving. At the trade sale of groceries and produce the following prices were obtained —Golden Syrup 6s to 6s 6d per dozen, candles B}d to 9Jd per lb, Swiss milk 5s to 6i 91 per dozen, cornflour 4}d to 5d prr lb, arrowroot 4&d to 6d per lb, sardines 4s 9d to 6s 6d per dozen, the large tins realising 8s 6d to 9s 9d per dozen, salad oil 9s 3d to 9s 6d per dozen, Van Boutin's cocoa 3s 8d per lb, household soap 14s to 15s 6d per box, blue mottled 20s 6d per box. lemonpeel Bjd to 9itd per lb, Keiller's marmalade 6s 9d to 7s 3d per dozen, i confectionery 5Jd to 7}d, lollies 4jd to sd, biscuits 4jd to 6}d per lb, Lusk's assorted fruit 9Jd to IOJd per tin, jams 5s to 5s 9d per dozen by the case, cheese 4}d to 64d per lb, hams 5d to 6£d. bacon Jd to 4£d , prime quality of hams and bacon realiaing 6Jd to 8d and s£d to 7d respectively, potatoes £3 10s to £5 per ton, butter from 3&d to tij-d per lb.

THE MAILS. OHIBf POST OFFICE, AUCKLAND. Mail* will close as under: This Da v. For New Plymouth Wellingson, and Southern Ports, per Hinemoa, at 7.40 a.m. For Waitara, etc., per Staffs, at "IX a.m. For Putlkl and Coromandel, par Coromandel, at 11.30 a.m. For Waitara and Southern Port*, per Gairlocb, at 1 p.m. For Taranaki and Southern Ports, per Oretl, at 1 p.m. For Thames, per Rotomahana, at 3 p.m. For Tauranga, Rotorua, and Opotiki, per Glenelg, at 4 p.m. For Russell, Kawakawa, Herd's Point, Whangaroa, and Mangonui, per Wellington, at 6 p.m. For Whltiangi, Upper Mill, and Tairua, per Argyle, at 5 p.m. Tuesday. For Taranaki and Southern Ports, por Penguin, at 7.40 a.m. For London, via Rio de Janiero and Plymouth (per Arawa, from Lyttelton, on 24th inst.), per Penguin, at 7,40 a m., (or specially addressed correspondence only.. Mail will be due at Plymouth about Sept. 4. For Waiwera, Kawau, Omaha, Matakana, Lower Matakana, and Mullet Point, per Rose Casey, at 10 a.m. Per Mariposa as follows: For Navigator Islands, Sandwich Islands. United States of America, Canada, British Columbia, Central and South America, British and Foreign West Indies, at 1 p.m. For United Kingdom and Continent of Europe, at 1 p.m. Money orders, Registered letters and newspapers, at 11.30 a.m. Late letters, bearing an extra fee of 6d in addition to the postage, will be received by the mail agent on board the steamer up to the time of sailing. This mail will be due in London on Wednesday, August 25. For Greymouth, pe? Ohan, at 3 p.m. For Russell, Kawakawa and Opua, per Waihora, at 4 p.m. For Oiaborne, Napier, and Southern Poits, per Australia, at & p.m. For Whan gar ol Heads, Parua, Waipu, Whangarel l BJU&o, and Mangapai, per Macgregor, at & p.m. Rous, Kays, Acting Chief Postmaster,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18860719.2.15.2

Bibliographic details

New Zealand Herald, Volume XXIII, Issue 7693, 19 July 1886, Page 4

Word Count
1,794

Page 4 Advertisements Column 2 New Zealand Herald, Volume XXIII, Issue 7693, 19 July 1886, Page 4

Page 4 Advertisements Column 2 New Zealand Herald, Volume XXIII, Issue 7693, 19 July 1886, Page 4