MR. A. SAUNDERS' STOCKAND SHAREREPORT.

New Zealand Herald, Volume XXV, Issue 9131, 13 August 1888, Page 12

MR. A. SAUNDERS' STOCKAND SHAREREPORT.

"Old issue. tNew issue The variations in prices fin business done during the month have been as follow :- Bank of New Zealand. £11 2s Oil, £11, £10 10s, £10 10s, £10 lis 6<l, £10 10s Od, £10 Ms 6d ; New Zealand Insurance, £3 17s 6(1, £1 17s, £3 las, £4 ; South British Insurance, 43s ad, 44s fid, 455, 465, 475, 47s 6d; Cambria mine, 7s 3d, 7s 6d, 7s 3d, 6s 9d, 6s lOd, 6s 9<l, Us 6d ; Saxon, 3r lOd, 3s Od, 8s 10d, 3s 6d; Manukau, 2s, 2s Id, 2s 2d, is lid ; Colonist, 3a 7d, 3a 9d, 3s 10d, 4a, 3s lOd, 3s 0(1, 4s 2d. The sharomarket shows a great improvement on last month, and good sales are made in our best stocks at rates further advanced than those quoted last month. Money is plentiful, and can be obtained at low rates on first-class securities. Banks.— Zealand have declined somewhat, sales having been made from £11 2s fid to £10 103, dosing with a firmer market, sales £10 16s. Colo, uial are in demand, buyers offering 445, and sellers are very scarce. National are quiet, but are readily taken when offered un the market. INSURANCE.— Zealand Insurance Company's shares show a marked Improvement. A dividend of 3s per share has been paid during the month, and the market keeps up, sales and buyers at 80s, ex dividend. National; Those shares have risen, and ,

are in great request; last aala ***J*JBpJl Standard, and Union are *U »?^/££££!* advanced rates. A notable rise has taken place in V Auckland Gas COMPANT.-Tbe shares are steady * iSisCBIXAWBOtis STOCKS. most pw™ l the New Zealand Loan and Mercantile ; theisnares in thin company are again coming into mation. The stock is scarce, and buyers aw giving 80s. Land Mortgage Company J A wry quiet market for this stock'-sales made at par. Taupin Coal. Very little business has been transacted in_tnis favourite stock during the month. Devonport terry Company shares show an advance from 2s toss* above par. Sellers are scarce. Keropthorne, Prosser Company's shares have improved slightly ; the tendency of the market is upward. In all other stocks the business done has been small, and no notaoie change has occurred in quotations. On the whole the tone of the stock and money market inspires confidence in the future. , . Mining.—The market for mining has been utterly stagnant during the month. Most 01 trie shares, unfortunately, show a decline in price, ine Cambria and Saxon are at present the leading mines, and continue to turn out steady yields oi gold, but not enough to pay dividends. The aim Company are vigorously pushing ahead their wonts, and before long will be able to start the plant and reduce quartz to bullion. Mr. Parkes is busy erecting a plant at Karangahake for his own process. The Askham-Molloy Company are running on tailings at the Thames, and the Newbery-\ autm Company are pushing ahead their works. With these three new processes at work, it will be hard if one does not turn out a success for the treatment of the many refractory ores of Hauraki goldfields. Alex. Saunders, Stock and Sharebroker. Auckland, August 11,1883.

The following list gives the fluctuations of the market, and the present prices of stocks :— Company. I Buyers. j Sellers. j e g e^d £ s d£ 9 d Bank of New Zealand 10 12 6 ... 11/2/6 10/10/ Colonial do. ..240 .. .. N.Z. Insurance .. .. 4 10 77/6,80/ South British do. ..276 .. 43/6,47/6 National do. .. 0 IS 0 0 19 0, 19/2,18/10 Union do. .... ... 26/, 25/3 Colonial do 0 6 3 4/1?, 5/4 Auckland Gas ,. .. 10/15/0" Auckland Timber .. .. .. ' 92/ N.Z. Land Mortgage .. 10 0 19/6 N.Z.I,. &M.A. ..400 _. 77/79/6 National Mortgage .. .. .. 11/6, c.d. Devonport Ferry ..130136 22/, 23/ Northern Boot & Shoe .. 0 11 0 Accident Insurance ..073 .. 7/3, 7/3, c.d. Taupiri Coal .. .. .. 2 4 0; MINING. ; Cambria .. .. .. 0 6 4 7/3,6/6 Saxon .. .. .. 0 3 8! 3/10, 3/6 New P. Impel ial .. .. 0 3 0! 3/1,3/3 Old Caledonian .. 0 6 0 4/10 Trenton .. .. .. 0 2 6 2/7, 2/6 Manukau .. .. 0 1 10 0 2 0 2/, 2/2,1/11 Moanataiari .. ..050 Union, Waihi .. I 5/, 5/1, 5/3 Alburnia .. ,. ~ 0 1 1/4,1/5, 1/6 Paroquet _ .. .. 0 2 6 2/10 Gem 0 0 10. lfl.l/, l/i Gold water 0 1 o 1/4 Marototo 0 12 0 Crown, Karangahake ... 0 4 3 3/, 4/, 4/1 Woodstock 0 2 3 Kenil worth 0 3 9 3/3,3/2 Silverton .. .. -. 0 2 0 Fearnought 0 0 6 Royal Oak 0 3 0 3/9, 4/0 Colonist ... .... 0 3 10 3/7,4/, 4/2 Observer 0 0 7 Mata 0 10 „ Martha Extended ..006009 ..