SHARE MARKET.
Mr Hooper reports the share market as active. General quotations about the same as last week, excepting Arrow River, which have risen in value to about 2s per share above par ; paid-up, 7s 6d — present price, 9s 6d to 10s. Ordinary paid-up shares are not saleable except below par. Shotover Terrace shares have made a slight advance ; present price for ordinary shares, 2s 6d; fully paid- up, ss. Greymouta Gold Mining, 10s; Star of the East, L 6 2s 6d ; Elizabeth, L3lsg; Heart of Oak, L 3 5s 6d; Standard Insurance, 13s ; National Insurance, 30s 6d ; Otaa;o and* Southland Investment, LI —paid up worth 255.
Auckland, July 10.— At the half-yearly mseting of the New Zealand Insurance Company theJoUowing report was adopted :—".Notwithstanding the increasing eouipetition - for business, this company .more than maintains its -position, and its premiums have steadily increased. The amount received during the pSst half-year L63.5J16 18s 7d, is the largest sum yot received for premiums in. Amy half-year and shows an increase of L 11.595 13s 2d on the corresponding half-year of-1873, and an increase of L18,4K) on the half-year ending November 60, 1873. Ihe directors have in view plans for still furthsr extending the company's business. Ihe balance of profits for the past half-year was L 26.179 17s 2d. This result is attained after making provision for losses which have occurred during the current half-year. The directors recommend an ordinary dividend of 10 per cent. The amount novr. invested stands at 1^200,055. The directors haw ielt th« importance of increasing tne number of shareholders, and have resolved to recommend the shareholders to increase the capital of tb.« company, and to dispose of a portion of the newstock to those likely to promote its business. A special general meeting of the company will be convened at an. early date to discuss a resolution to be submitted for this purpose." Auckland, Jury 11.— Mr Buckland reports : —Fat cattle, ship-borne, 28s to 32s 6d per- 100 lbs; inferior ewm, 6s 6d to -Ms; merino wethers, 5s 6d to 6s 3d; fat sheep, 5d perib. Mr Binney ftports that the grain market is dull : oats, 5s 3d ; wheat, 6V 3d to 6a 4d ; fleur, Ll4; barley, 6s 6d ; butter, 'ls 3d; cheese, Bdhams and bacon, lOd to lid ; malt, 8s 6d : potatoes, L 6 to L 6 10s
WaiiUHOTOJsri July LL—Mr O'Shea reports : I -Flojirds. at lil3 *o Ll3 10s-; oatmeal, L 24 to | L2s;i pearl bailey, nominal, jL2tf to f L2B. I Wheat-^milling nene ; chick, 4s 6d f oato, 4s ' toislOd. Potatoes, 5s to 6a. Chwse. 7dto / 7id. Hams, 9d, /
I
SHARE MARKET.
Tuapeka Times, Volume VII, Issue 373, 15 July 1874, Page 5
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