Duriug the early part of this month both demand •ml supply were slack, and transactions were conse quently limited ; but during the last few days con siderable investments have been made in bank shares. Steam, insurance, and mining stocks con tinue depressed and neglected. Bank of New Zealand : These shares have held a uniform rate of £16 10s during the month, at which price I hay» latterly quitted some considerable parcels; there are still buyers at this r*te. The price both at Sydney and in London has an upward tendency. New Zealand Insurance Company: There are shares in the market at £20. I have sold during the month at £19. Now Zealand Loan and Mercantile Agency Com pany : I note a sale of this stock at 10s premium. An interim dividend, at the rate of 10 per cent, per annum, his just been declared. Ga»: Theae shares are in good demand, but are my tenaciously held ; I hare sold since the dividend at £5 and £5 ss. In gold mining shares there id nothing doing. The discoveries at the Thames have .created no demand. No new companies have been formed. The Thames appears to offer no induce ments of a more favourable character than Coro mandel.
