LATE COMMERCIAL

Press, Volume LXVII, Issue 20244, 23 May 1931, Page 16

LATE COMMERCIAL

WEATHERSTONE'S GRAVEL TEST FOR GOLD CONTENT. FPH.SS3 A3SOCIATIO* TILEOBAM.) WELLINGTON, May 22. Gloso attention is being paid by the Government to tests to be carried out at Melling to-morrow upon the cruabing of a ton of conglomerated gravel from the Golden Crescent Gold Mining.Cwmpany's claim at Weatherstone's, ; near Lawrence. The object wall be.to ascertain the gold-bearing capacity of, the material, the cost of crushing and tho time required to put through the ton ■ *f gravel which has been sent to Welhngton specially for the purpose. .There will be a representative gathering of Government experts .at the experiment, the trials being carried out at JeMlington Cement Pipe Company's works which have been placed at the disposal of the Department for the occasion.

GOVERNMENT SECURITIES.

(UNITED PBES3 ASSOCIATION BY ELBCTBIC telegraph—coptbight.) (Received May 22nd, 5.5 p.m.) ' LONDON, May 22. , The following aro the late3c quotations for Government securities, compared the prices ruling on May X«»; . . Last week. This week.

£ 8. d. £ e. d. Consols 69 2 6 60 10 0 Funding Loan, 4J p.c.. .1960-90 05 10 0 97 0 0 Wai Loan, fi p.o., 1939* e ioa lo 47 102 17 0 Conversion Loan, 8J p.c. 82 5 0 84 Q a Victory Bonds, 4 p.o. 97 0 0 98 0 0 Commonwealth, 6 p.c., % 68 IS 1945-75 .. 67 17 6 0 Commonwealth, 6 p.o., 78 O 1931-41 n 10 0 0 Victoria, 3 p.c., 192949 40 0 0 45 0 0 Victoria, Si p.c., 1929-43 43 0 0 54 0 0 Victoria, S| p.o., 1930-40 75 0 0 75 0 0> Victoria, & p.c,, 1932-42 58 0 0 57 10 0 Victoria, 41 p.c., 1940-60 68 2 6 56 0 0 New South Wales, 4 65 0 p.©., 1933 .. 69 5 0 0 New South Wale», 8 0 > p,c., 1935 .. • ■ 68 10' 0 • 54 0 New South Wales, 3J 40 10 p.c., 1930-50 36 0 0 0 New South Walee, 5} 0 p.c., 1922-33 .. 72 10 0 69 0 New South Wales, fijr 0 p.o., 1930-40 60 0 o' 67 10 Ntw South Wales, G ■ . p.c., 19SKM0 65 Q 0 61 0 0 Queensland, 5 p.c. Stock, 66 10 redeemable 1940-60 55 0 0 0 Queensland, S p.c,, 192244 15 ' 47. . 60 0 0 0 Quoenalanrf, iff p.c., 193077 78 0 0 40 ' .. 0 0 New Zealand, 4| p.c., 87 a 0 87 S 0 New Zealand, Si p.c.. 1940 86 5 0 85 0 0 New Zealand. 9 p.c., 1945 .. 76 0 0 75 0 0 New Zealand. 6 p.c.. 6 : iasa-51 ... .. 101 15 0 100 17 Sooth Australia, 8§ p.e., 1839 ... 60 0 0 60' 0 0 South Australia, a p,fc* 45 ' 0 0 1916,' or after . 45 0 0 South; Australia. 6J p.o., - 76 © 1930-40 .. .. 83 0 0 0 Twho»bi», SI p.«.. J92040 .. 6a 0 0 55 & 0 Tasmania, 3 p.e., 1920i 40 55 0 0 58 0 0 Tasmania, 6§ p.o., 193040 .. .. 78 o 0 78 15 0 West Australia, 3| p.c., 1920-35 . . ' , ... .65 0 0 68 0 •o; West 'Australia, 3 p.c., 1915-35 .. 69 p 0 69 0 0 Wpat Australia, 8 p.c,, 1930-40 .. 73 0 o 70 5