COMMERCIAL.
Mr Fai mders'supplics the following mining report for ■ tlie past month s—There is a decided impiwem icufc in.thfl Stock Market, money is becoming more plentiful and the prices of most our local securities show a marked change for the better c. Business is, however, being limited, as the ad ranee in value is as yet hardly sufficient to te'ropt .holders to quit, and investors find the great .est i llfficulty in completing their purchases, exce'pt at a considerable advance on currcnfc rate 3; Ean.k of New Zealand, Loan and Mercantile , New Zealand Shipping, New Zealand and Mb .tual Insurance shares are in request. The Ga: i Company have announced their usual dit ,-idend of 15 per cent., and shares have been pi iced at L 8 10s cum dividend. The Mining M arliet is also much more buoyant, and the quotations for most of the leading companies si jow a return of confidence on the part of s peculators and investors, It is very much to 1 oe regretted that the recent sales at the Thames goldiiold of certain valuable mining properties ' did not pass over more satisfactorily. The result : has caused a considerable amount of temporary j ■ depression, which would be speedily removed ■if the various interested companies could . • come to satisfactory terms with the mortgagors, ' _ CUSTOMS DUTIES, The following is the amount of revenue col- : leciedat the port of Thames on Monday:— Duty, £25 16s 7d.
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Bibliographic details
Thames Advertiser, Volume XIII, Issue 3528, 3 February 1880, Page 2
Word Count
239COMMERCIAL. Thames Advertiser, Volume XIII, Issue 3528, 3 February 1880, Page 2
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