Commercial.
(For week ending Febuary 2.) STOCKS AND SHARES. London, January 27.— The Bank of England returns give the stock of gold coin and bullion at L 30,655,000 ; reserve, L 23 022,000 • the proportion of reserve to liabilities, 45.90 ; in circulation' L 26,460.000 ; public deposits, L 9,353,000 ; other deposits'. L 40,6 71,000; Government securities, L 13,3 87,000 ; other securities, Jjol j741 jOOO. Three m onths' bills are discounted at 2 1-16 per cent. Consols, 113|d. January 27.— The success of the South Australian loan is ' assured. It as been underwritten at a commission of 1 per cent. London, n January 25. — Shares and debentures: Bank of Australasia, L 53 ; Bank of New South Wales, L 37 10s ; Union Bank L 27 10s ; National Bank of New Zealand, L 2 5s ; Bank of New Zealand 4 per cent, gu aranteed stock, LlO3 10s ; New Zealand Loan and Mercantile 4 per cent, prior lien debentures, L 96. New York, January 26. — An extraordinary boom prevails in ' Wall street, which is attributed to the plethora of capital. Over I 1,600,000 shares were sold on Monday and resold on Tuesday, with ! heavy losses ; but no failures are recorded. The London Exchange ' is not affected. I Wednesday, J anuary 31. | Mr. Harman Reeves, Sharebroker, Dunedin, reports as follows • Banks.— National, Buyers, 2/4/0 ; Sellers, 2/5/6. New South Wales.B., 37/0/0 ; S., 37/10/0. Union of Australia, Ltd., 8., 26/15/0 ; S., 212 1 /5/0. Insurance.— National, 8., 16/0 ; S., 16/3. New Zealand 8., 3/6/6 ; 8., 3,7/6. South British, 8., 2/7/0 ; S., 2/<>/0. Standard, Shipping.— New Zealand Shipping, 8., 4/9/0 ; S., 4/10/0. Union Steam. 8., 9/17/6; S., 10/0/0. »//».// Coal.— Westport 8., 3/1/6 ; S., 3/3/6. Loan and Agency.— Commercial Property Company (2/10/0") 8.. 5/6; S., 5/9. National Mortgage, B. 13/6; S., 11/6 p e r' petual Trustees^ 8., 11/9; S., 12/6. Trustees and Executors, 8., 1/12/6 ; S., 1/13/6. Miscellaneous.— Kaiapoi Woollen Co., 8., 6/3/6 ; S , 6/6/0 Milburn Lime and Cement, 8., 2/4/0; S., 2/4/6- do' new issue, 8., 1/1/3 ; 8., 1/4/6. Mornington Tramway B ' 16/0 ; S., 16/6, Mosgiel Woollen, 8., 4/5/0 : S., 4/6/0. New Zealand Drug, 8., 2/8/6; S., 2/9/0. New Zealand Drug (30/- paid), B 1/14,0; S., 1/15/0. Otago Daily Times, 8., 11/19/0- S 12/0/0 I Emu Bay Railway, 8., 6/0; S., 6/6. Wellington Woollen B 4/15/0; S., 4/17/6. Silverton Tram, 8., 4/9/0; S., 4/11/0 New Zealand Refrigerating, 8., 2/1/6 ; S., 2/2/6. ' Goldfi elds.— Reef ton : Big River Extended, 8., 13/0 • S 13/6 Cumberland Extended, 8., 2/3 ; S., 2/6. Dillon Extended' b 2/0 • S., 2/6. Keep-it- Dark, 8., 17/6 ; S., 18/6. Alpine Extended, B , 4/6 • S., 5/0. Welcome Co. (Ltd.), 8., 1/6 ; S., 2/0. Cro3sus (Paparoa), B ' 9/0 ; S., 10,0. Otago.— Alpha (vendors), 8., 2/6 ; S., 3/0. Golden Site, 8., 3/6; S., 3/9. Morning Star (A issue), 8., 12/6; S. 13/6 Dredging Companies. — Belmont, par. Buller B 19/0 • S., 20/6. Chatto Creek, 8., 3S/0 ; S., 40/0. Clyde, 8., 49/0 •'s 52/o' Dunedin, 8., 18/6 ; 8., 19/6. Empire, 8., 2/5/0 ; S., 2/10/o' Enterprise, 8., 3/0/O; S., 3/3/0. Enterprise Gully, par. Evan's Flat ! B 1/1/0 ; S., 1/1/6. Ettrick, 8., 7/(i ; S., 8/6 (paid). Gold Crfck, 8., 13/6; S., 14/0. Golden Gate, B, 51/6; S 52/6 Golden Beach, B, 13/6; S., 14/6 (prem). Golden Point, 4/6 prem. Tuapeka, 8., 19/9; S., 20/0. Vincent, 8., 21/0; S 25/0 prem. Golden Run, 8., 20/0 ; S., 21/0. Golden Terrace, B,' 20/0 •
S., 21/0. Hartley and Riley., 8., 29/6 ; S., 30/0. Island Basin, 8., — ; S., — . Jutland Flat 8., 6/0 ; S., 6/6 (paid). Kyeburn, 2/6 disc. Lion Rock, 8., 7/6 ; S., 9/C. Macraes Flat, 8., 16/6 ; S., 19/0. Magnetic, 8., 27/6 ; S., 29/0. Matau, 8., 24/0 ;S. 25/6. Matakitaki, 8., 5/0 ; S., 5/6. Mount Ida, par. Molyneux Hydraulic (B), 8., 32/6 ; S., 33/0. Naseby, 8., 31/0 ; S., 32/0. Nevis, 8., 20/0 ; S. 21/0. Ophir, 8., — . Otago, 8., 2/S/0 ; S., 2/9/0. Success, 8., 2/10/0 ; S., 2/15/0. Upper Waipori 8.. 3/0 ; S., 3/9. Waimumu, 8., 4/0 prem. Sunlight, 8., 2/6 ; S., 3/0 prem. Cromwell, B., — ; 8.. par. Riverbank, 8., par. ; sellers 6d. Sluicing Companies.— Moonlight (contrib.) 8., 17/6 ; S., 20/6.- Roxburgh Amalgamated (contrib.), 8., 6/9 : S., 7/3. Deep i Stream, 8., 27/0 : S., 28/0.
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https://paperspast.natlib.govt.nz/periodicals/NZT18990202.2.20
Bibliographic details
New Zealand Tablet, Volume XXVII, Issue 5, 2 February 1899, Page 13
Word Count
684Commercial. New Zealand Tablet, Volume XXVII, Issue 5, 2 February 1899, Page 13
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