Commerce, Mining, & Finance

Evening Star, Issue 21716, 10 May 1934, Page 7

Commerce, Mining, & Finance

THE TALLOW MARKET Press Association —By Telegraph—Copyright. LONDON, May 9. (Received May 10, at 10.15 a.m.) At the tallow sales 1,533 casks were offered and 570 sold. Finest was (id lower, others unchanged. Quotations: Mutton—fine 21s 9d, medium 16s (id; beef—fine 19s 9d, medium 16 s 6d. Stocks, 1,022 casks; imports, 561; deliveries, 106. WOOL SALES POSTPONED Press Association—By Telegraph—Copyright. LONDON, May 9. (Received May 10, at 10 a.m.) The wool sales are postponed owing to fog. Messrs Dalgety and Go. Ltd. advise having received the . following cable from their head office, London,' dated 9th inst. Wool sales: No sales held to-day owing to a thick log. Market is irregular. Merinosi average and faulty, hardly any demand. Crossbreds fairly firm,, and demand for halfbreds good. BULOLO SHARES Pr*M Allocation —By Telegraph—Codyrighl LONDON. May 9. (Received May 10, at. 10 a.m.) Bulolo shares are quoted at £6 6s 10id. NEW GUINEA SHARES |*r«H Association—By Telegraph—Copyright. j LONDON, May 9. (Received-May 10, at 10 a.m.) New- Guinea shares are quoted at 6s. PRICE OF GOLD Pre« Aisociation—By Telegraph—Copyright. LONDON, May 9. \ (Received May 10/at 10 a.m.) gold is quoted at £6 15s lljd per\oz. \ 11 ■ .. —; — 1 \BOLUR AND FRANC Press Association—By Telegraph—Copyright. ' LONDON, May 9. (Received May 10, at 10.30 a.m.) The dollar is quoted at 5.12 s and the franc at ?7J. DUNEDIN BREWERY AND WILSON MALT EXTRACT COMPANY The eighth annual meeting of shareholders of the above company was held in the Returned Soldiers’ Association Rooms, Moray place, Dunedin, yesterday. There were present Messrs 0. A. Wilson, G. D. Wilson, William Anderson, JVC. D. Dempster, and Dr R. F. Allan, directors, and a fair number of shareholders. The report and balance-sheet as presented by the di(rectors were very favourably received by the shareholders. ' • In moving the adoption of the report the chairman (Mr C. A. Wilson) expressed regret at the loss of their fellow-director, Mr E. A. Pyrke. The late Mr Pyrke had been a director of the company since its inception, and his services had been of great value to the company. The vacancy on the directorate had been tilled by Dr R. F. Allan, who, along with Air J. G. D. Dempster,' the retiring director, was re-elected to the directorate. The directors’ report showed the company to be in a very good position. The goodwill of the business had now been completely written off, all the buildings and plant written down, and some £1,400 added to reserves: , Messrs Janies Brown and Co. were re-elected auditors of the company, and it was decided to pay a dividend at the rate of 6 per cent, per annum for the last six months. METAL MARKET Press Association--By Telegraph—Copyright. LONDON, May 8. The following are the official metal quotations:— Copper.—Standard, £32 4s 4Jd per ton; forward, £32 8s 9d. Electrolytic.—Sriot, £35 ss: forward. £35 10s. Wire bars, £35 10s. Lead.—Spot, £ll Is 3d; forward, £ll 3* 9d. Spelter.—Spot, £l4- 16s 3d; forward, £ls 2s 6d. Tin.—Spot, £235 6s 3d; forward, £332 Is 3d. Pig Iron.—Home trade, £3 7s 6d; export, £3 2s 6d. Antimony.—British, £42 10s; foreign, £26 IQs. Silver. —Standard, per oz; tine, 2QJd. ' Molybdenite, £1 16s per unit Wolfram, £3 Is 3d. SALES TAX RECEIPTS BUDGET ESTIMATE EXCEEDED Sales tax receipts daring March amounted to £163,416, an increase of £18,785 over the February figures, according to the latest returns. For the twelve months ended Alarch 31, sales tax collected by the Customs Department amounted to £1,847,273, an excess of about £97,000 over the budgetary estimate of £1.750,000 for the year. MORTGAGE BUSINESS INCREASE DURING MARCH Mortgage and land-transfer business in the dominion during March again showed a substantial increase. The total value of mortgages registered in March was £837,704. 17 per cent, higher than in February, while the consideration in respect of land transfers registered 'luring March was £987.552, an mere,a r m 12'per cent, over tffc February figure.

THE SEARCH FOR GOLD BIG RIVER COMPANY The following are the gold returns of Big River Alines Ltd. for Alarch and April:— Battery department: One hundred aud eighty-nine tons of ore crushed for 570 z Idwt incited gold. Cyanide department : One hundred and fifty tons sand treated for 21oz odwt bullion. Total estimated value, £440. In addition, tour tons of concentrates were saved, Valued at £IOO. In estimating those values, gold has been taken at 120 s per tine mince. v;;::(?9P extended report The contractors for the Worksop dredge reported on Afay 5 that the engine had arrived and was bolted in position. The first and second motion shafts, pulleys, bearings, etc., were in position and bolted down. The main countershaft and clutches and the winch countershaft wore fully assembled and bolted down’, and the winch was being fitted down in position. MATAKi DREDGE The official return from Alataki Gold Dredging Ltd. for the week ended Alay 5 was 470 z for 131 hours’ work. BELL-HOOPER REPORT The report of Bell-Hooper Cromwell Gold Ltd. for the week ended May 4 states: — AVork in No. 1 tunnel workings has proceeded smoothly during the period. Very little of the block N remains to he mined. Values have shown a tendency to become, lower as the workings approach the No. 1 main drive. The north-western quarter of block T is also nearing completion with lower values in hand. The southern quarters of this block have been opened out oh and fair gold has been obtained in both faces. The face of No. 3 north drive off No. 1 main drive is now more than halfway up block W. No. 2 stops drive east will be driven to intersect this drive to give air ventilation and to prospect the ground. In No. 2 tunnel the driving of the west cross drive was carried out on April 30 with three shifts of two men each. Three and a-half days were worked in the face for an advance of 19ft. The balance of the time was occupied with timber repairs in the No. 2 tunnel itself. At'l46ft in, wash appeared in the back for a depth of 6in. It wqs dry and well consolidated, and though only giving small prospects of gold was of a satisfactory nature. General: No work was done on No. 2 washing plant during the period. The pipe line, which should come to hand during the coming week from advice received from the makers, is being awaited. An extensive development programme is now in hand in both mine areas. The No. 2 tunnel will be pushed forward to connect with the No. 1 mine area, and following that the No. 2 mine area will be opened up systematically, while this will also make available more ground in the No. 1 mine area. The main diversion tunnel in_ No. 1 is almost through. This will’ enable areas adjoining No. 1 main drive to be mined. The majority of miners will be employed on those development drives until such time'as more faces for blocking out are opened up. The return for the week was Wnz lOdwt 12gr. FRESHFORD COMPANY The Freshford Gold Dredging Company’s dredge is, for sale, the company having gone into liquidation. The company secured unpayable returns practically since operations commenced early last year, ami the plant closed down ami further prospecting was undertaken. This, however, failed to reveal values warranting the company carrying on. SAILORS' GULLY The Sailors’ Gully Sluicing Company Ltd., which is operating at Waitaluina Gully, has declared a dividend of Is a share. The company, which has a capital of £8,400, was registered in 1896. This is the seventieth dividend paid, the last, of 6d a share, being distributed in December, 1932. JAPANESE FOOD EXPORTS During 1933 Japan's exports of tinned and bottled food, especially canned fish, totalled 47,000,000 yell (approximately £2,741,000 at current rates). This was an increase of 110 per cent., compared with 1932. The United States was the largest customer, with £1,050,000 worth"” of purchases. Britain came second with £757,500 —the equivalent of 28 per cent, of the total. PASSION FRUIT TRADE NORTH AUCKLAND RESULTS The harvesting of the passion-frui. crop on the Aklerton group settlement, Kerikeri, which was bought by Passion Products Ltd., will be completed early this week, when the factory which has converted the fruit into juice for export will cease operations for the season. This season there was a good crop of fine-quality fruit, states the ‘ Herald.’ The growers were paid lipl per lb cash at the gate, ami as they had to pick the ripe fruit off the ground, and not off the vines, and discard any shrivelled fruit, the factory secured all fresh, ripe fruit. By picking up his fallen fruit every day or second day, the grower had very little shrivelled fruit. The largest supplier sent in ten tons of fruit from 700 vines, and others about six or seven tons from 400 vines. In addition, growers will have citrus fruit for sale this season. This year is the first any large crop of citrus has come to maturity, and as about 20,000 orange, lemon, and grapefruit trees were planted on the settlement, the crop should supplement the growers’ incomes. The trees on those plantations which have been well cultivated are showing a good setting of fruit, and will yield good results. An early variety of orange, with an excellent Havour. is already producing ripe fruit at the Homestead plantation.

AUSTRALIAN STOCK EXCHANGES

Press Association—By Telegraph—Copyright. SYDNEY, Alay 9. Ou the Stock Exchange all fixed in- ' come securities found a hrui market toi day in sympathy with (he upward | trend in the value of gilt-edged stocks, i Gold shares were steadier, and the ' (urnover was smaller. ■ Following are the additional sales : .Commercial Bank of Sydney, £18; Coi lonial Sugar, £64 lOs; Australian General Insurance. 13s 9cl; Australian j Provincial Assurance, 10s 9d: Mercan--1 tile Mutual Insurance, 22s 6d; Associ--1 ated News, 25s |]d; Australian Gas j (A), £8 3s 6d; ditto (D), £8 4s; British Tobacco, 37s 6d; Tooth’s, 44s 6d; Toohey’s, 29s 9d; Dunlop Pordriau, 18s 9d; Wilcox, Alotffm, 13s Scl; Electrolytic Zinc. 275; Anthony Hordern, 16s .’id; Lustre Hosiery. 23s 6d; John AUGrath, 295; Drug Houses of Australia, 18s; Standard Cement, 17s 9d; Mount Morgan, 235; Broken Hill Proprietary, 48s; South Broken Hill, 72s Del; Kuala Kampar, 16s 9d: Hawang, 9s Id; Malim Nawar, 16s 6d; Tanaiii Biji, ISs. .MELBOURNE. May 9. National Bank (£lO paid). £l3 9s; ■ Metropolitan Gas, £l4 Is. i WILSON'S CEMENT DIVIDEND The. directors of Wilson’s Cement Company have decided to recommend at the annual meeting on Juno 6 the payment of a final dividend for the year ended March 31 last of 6d per share. The register closes from Alay 24 to June 6, both inclusive.—Press Association. COLOMBO TEA SALE Air L. Af. Wright has received tho following cabled report ou the Colombo 'lea auction of Alay 8: | At yesterday’s auction of 2,610,0001 b all grades were irregular and slightly easier. The quality of offerings was plain ; 2,990,000!b were catalogued for sale next week. EXTENSION OF PLANT NEW ZEALAND PAPER MILLS The directors of New Zealand Paper ’Jills Ltd. t Dunedin, report for the • ear ended” Alarch 31 that, after inakug provision for ai! bad and doubtful ■•cbts, for depreciation, and for income tax,, there .is a balance of £22,019 4s 3d, and deducting the interim dividend paid on November 10, 1933 (£1,5001, there is left available £17,519 4s 3d. Tho directors recommend that this ' amount be dealt with as follows:—Payment of dividend at the rate of 4 per cent, for the half-year (making 7-ger cent, for the year), £6,000, and carry i forward £11,519 4s 3d, totalling £17,519 4s 3d. The demand for tho company’s manufactures is reported as having been good during tho year, and prospects are of such a nature as to warrant extensions to the plant. Accordingly arrangements are being made to install a new AI.G. machine at Alataura which will enable, us to deal with an anticipated greater sale, and particularly with classes of paper which we have not hitherto exploited. An improvement in the . hydro-electrical supply is also in contemplation. The retiring director is Mr F. W. Mitchell, njho is eligible and offers himself for-re-election. DENTAL AND MEDICAL IMPROVED RETURNS Directors of Dental and Medical Supply Company, Ltd., Wellington, in their report and balance-sheet for tho year ended March 31, 1934, announce a slightly better result than that shown the previous year, the net profit being £926, as compared with £Bl5. The turnover during the first six months suffered a decline, but business improved very considerably during the second half of the year, and at Alarch 31, 1934, the turnover exceeded that of the previous year by a small sum. Working expenses were reduced by £149. Ample provision lias, as usual, been made for bad and doubtful accounts, and stocks have been taken at cost or market prices (whichever is tho lower). Furniture, fixtures, fittings, and motor cars have depreciated by £413; premises have boon written down £471. The net profit for the year, £926 8s 7d, together with the balance, brought forward, £555 15s 6d, makes a total of £1.482 4s Id, which sum the directors recommend tv applied in payment of a dividend of 21. per cent., absorbing £1.4-14 19s, and leaving a balance of £37 5s Id to bo ■uried forward to next year. AUSTRALIAN CANNED FRUIT EXPORTS The value of canned-fruit exports from Australia for the first eight months of the present financial year was £406,803. This represents an increase of over £104,000 above tho value of shipments in the same period of 1932-33, which totalled £302,975. Details of exports from July 1, 1933, to February 28. 1934, are: — £ Apricots 53,717 Poaches _ 179,706 Pears . 117,224 Pineapples 56,156 Total ... £406,803 WESTPORT COAL COMPANY INTERIM DIVIDEND The directors of the Westport Coal Company Ltd. have declared an interim dividend of 6d per share, payable on Mav 29 to all shareholders on the register of the company afc Alay 10, 193-4.

THE SHARE MARKET DUNEDIN STOCK EXCHANGE A sale. of Moonliglil-NcUoii Creek Gold Mining abates was effected on cal) this morning at the improved price of Bd. There was a fairly largo volume of reported business, and the activity on the market generally revealed signs of increasing. Bank of New Zealands again had an unsupplied buyer at 51s, and Commercial of .Sydney shares and K.S. and A’s were both offered , for sale. hi the insurance section, Nationals continued (c. improve, and New Zealands and Standards were also in good demand. Union Steam Ship prefs. had an improved buyer, without attracting tellers, and in the coal section Westports were ' fractionally firmer on the buyers’ quote. N.Z. Guarantee Corporations had stronger inquiry, but the other quotations in the loan and agency section were unchanged. New Zealand ivel'rigcratings had an easier market, following the reported sale. Waitaki Farmers’ Freezing shares had a better buyer, but sellers failed to respond. New Zealand Breweries again recorded a rise on the buyers’ offers, and sellers weakened a little. The.most notable feature of tbe gold mining section was tbe sharp advance made by Nokomais, buyers being prepared to give 2s 9d, with no seller under 3s 3d. This company, it is unofficially reported, is negotiating tor a transfer of its interests to another party. Mahakipawas also hardened considerably, and buyers at 10d failed to attract sellers. Waitabus firmed a little, and Nevis Diesels also gained strength. Sellers remained absent from the market in the Government Loan section, despite the increasing demand for these securities. SALES. On ’Change. Moonlight-Nelson Creek, Bd. Reported.—N.Z. Breweries, £2 2s 3d; Nevis Diesel, sd: Dominion Rubber, £1 5s 6d. Late yesterday: N.Z. Refrigerating (cont.), 8r 9£d; Nokomai, 2s 4d, 2s sd. Quotations as under

N.Z. GOVERNMENT LOANS(Bonds quoted are £IOO Bonds.)

DIVIDENDS DDE. KhS. and A. Bank— int. 2t p.c. if ay N.Z, Newspapers—Final, 2j p.c. ... To-day Sharland and Co.—lnterim, ord. and pref., 21 p.c To-day National Insurance—interim, 4d a share ... ~ ... ... May 15 Broken Hill i’ropty.—half-yearly, Talisman Dubbo Gold Mines Ltd. —third div., 6d share (10 per cent.) May 15 Is per share May 16 Perpetual Eiecutors and Trustees Association of Australia —interim half-yearly, at rate of 6 per cent, per annum May 16 Dalgety and Co.—lnterim. 5 p.c. 1 per annum May 17 Bank of N.S.W.—quarterly, 5 s N.Z. Paper Mills—4 p.c., making 7 p.c. per annum May 21 shax-e (Aust. cur.) May 30 National Bank Australasia —halfyearly, final, 5 p.c. per annum May 30 Farmers' Trading—Final, pref., 7 p.c. per annum (less 20 p.c.) .., ...’ ... May 31 Henry Jones—interim, 6d a shave dime 1 Broken Hill South—ls 6d a share, payable in Melbourne June 15 Bank of ,N.Z. final, 5 per cent. making 10 p.c. for the year June IS ALDINGTON STOCK SALE Cold, showery weather prevailed yesterday, and it considerably affected the attendance at the weekly Addington market. Store sheep were forward in fewer numbers, but tlier * were average to heavy entries of all the other major sections, notably of fat cattle. Store Sheep.—There was a small entry. of ewes, which sold at recent rales, but carry-over lambs were down from Is to Is 6d. Forward wethers were in good demand. Good ewe lambs made from 20s 6d to 22s 6d; ordinary, to 15s 9d; medium wethers, 15s to 16s 6d; ordinary, 12s 9d to 14s 6d; good twotooth half-bred ewes, to 36s 9d; good sound-mouthed, 18s 6d to 20s; good two-tooth three-quarter-bred, to .10s 3d; plain sound-mouthed three-quarter-bred, 14s 6d to 16s 10d ; backward and inferior, 9s to 13s; forward full-mouth half-bred wethers, 20s to 21s; medium full-mouth half-bred, 17s 6d to 19s; medium two-tooth half-bred, to 19s 2d. Fat Lambs.—The quality was very good in an entry of 2,400 head._ and values were a shade firmer. Extra prime heavy lambs sold to 28s 4d; prime’ heavy, 24s 6d to 27s 6d; prime medium-weights, 21s 6d to 245; light. 17s to 21s. ' Fat Sheep.—There Mas an entry of 5,500 head, compared with 6,300 last ■week. • Freezing ewes were firmer, but heavy-weight wethers were easier. Exporters kept the all-round values up to the freezing schedule. Extra prime heavy wethers made to 28s Id; prime heavy, 24s 6d to 265; .prime mediumweight 22s to 245: ordinary, 19s to 21s; light, 14s to ISs 6cl; extra prime heavy ewes, to 25s 7d; prime heavy, 22 s to 235. 6d; prime medium-weight, 19s 6d to 21s; ordinary quality. 16s to 19s; light. 11s to 15s. Fat Cattle.—Except lor the primes! sorts, the heavy entry of 650 head, following on one of 735 last week, was difficult to quit. Inferior cattle showed an easing tendency, and the better sorts scarcely maintained recent values. Extra good young beef made to 25s per 1001 b; priine. from 21s to 235; heavy, 16s to 17s 6d; secondary,. 15s to hs; inferior.- down to 14s; extra prime heavy steers, £9 10s to £l3 2s 6d; prime heavy. £6 15s to £8 15s: prime medium-weight, £6 to £7 10s: ordinary quality, £4 5s to. £5 10s; light, to £4 ; extra prime heifers, to £7 10s; prime. £4 5s to £7 : ordinary. £2 15s to Lo 15s; light, to £2 10s; extra prime cows, to £8 2s 6d; prime. £3 7s 6d_lo £5 15s: ordinary £2 5s to £3 ss; rough, to £2. Store Cattle-—Good-class three four-vear Shorthorn steers were offered and sold well at up to £o. Eighteen months to two-year made from 45s to 55s • eighteen months heifers, 25s to 32s' 6d. Fat Pigs.—’l,here was a-large enti> in the fat pig section. Prices were easier and exporters were able to operate fairly • freely at the lower prices, with the result that well over -..00 head were purchased for export. Choppers made from £2 to £3 18sJd; baconm, 42s 6d to 47s 6d; heavy, 52s 6d to o9s 6d ; extra heavy, £3 8s 6d to £3 10s 6cl • average price per lb, 4sd to ocl: corkers. 25s to 28s 6d; heavy porkers, 30s 6d to 35s 6d; average price per lb. fid to s,\d. i, i Store Pigs.—There was a small yarding. consisting mostly of large stores, which were in keen demand, tenners made from 5s to 9s; slips. Si 66 to 10s- stores. I.ls'to 16s; large stores, ISs to 225; extra large. 275.

WHISKY STILL PROSECUTION

/THE DEFENCE OPENED |ri:k United Press Association.] INVERCARGILL, .May 0. The hearing ol' evidence was eonchided in the Supreme Court to-dav in the ease against William Allan Alexander M‘Rae, a farmer, of Dunsdale, and William Robertson M‘Rae, his son. who are charged with making or being concerned in the unlawful manufacture of spirits. . , . ■Mr Eustace Russell, in opening tne case for the defence, submitted '..int there was nothing to connect the |.c cused with the still. l The proseciition had laid emphasis on rim tracks I rom M'Rae’s farm to the still, but evidence would be called to show that there were as many tracks leading from the still to a neighbouring property, Ihe evidence of -Mr Cordery (Customs) showed no connection between the M‘Raes and the still, since it was of a make commonly found all over Southland. Geoffrey St. Vincent Keddcll, a licensed surveyor, said that the lame mare at the farm was ridden by a Mr M‘Eachran ahead of witness, and. with the reins falling loose, she_ turned hack towards the farm, and did not make in any definite-direction. Near the ild still another test with the mare was made. When given her head she wandered oft' from the way to the still and turned off to the edge of the bush. When released the mare, ‘ which was too lame to be used much, made off in the direction of the homestead. . Counsel will address the court to-mor-row.

Buyers. Sellers. £ d. £ ft. d. BANKING— Bank of Australasia _ 12 10 0 Bank of N.S.W. ... 33 10 0 Bank of N.Z. 2 a 0 — Commercial Bank 0 16 9 0 17 0 Commercial Bank of Sydney — 18 5 0 Tl.S. and A. Bank ... 5 6 0 5 12 0 National Bank of New Zealand 3 19 6 — INSURANCENational lusur, Co. 0 19 9 — N.Z. Insurance Co. .. 2 19 6 — Standard Insur. Co. 5 1 0 — SHIPPING— Howard Smith ..; ... 0 13 9 0 14 6 Huddart, Parker (pref.) 1 S 0 — U.S.S. Co. (prof.) ... 1 5 9 COAL— Kaitangata Coal 1 1 0 Pukemiro Collieries ... 1 40 —■ Taupiri Coal (pvef.) . 1 2 0 — Westport Coal Co. 0 15 0, “ LOAN AND AGENCY— Gojijsbi'ougli, Mori — 1 15 10 National Mortgage ... — 3 4 I) National Mortgage (“B” Issue) 1 10 0 — N.Z. Guarantee Corp. 0 4 2 — Wright, Stephenson (pref.) ... 0 19 6 MEAT PRESERVING— Gear Meat Co 1 9 0 N.Z. Refrigerating (paid! 0 18 0 — N.Z, Refrigerating (cont.) 0 8 7 0 8 9 Southland Frozen Meat (paid) — 3 6 0 Southland Frozen Meat (cont.) I 15 0 South Otago Freezing —• 6 2 0 Woitaki Farmers’ Freezing 2 8 0 — MISCELLANEOUSBlown, Ewing (ord.) 1 1 0 Brown. Ewing ■ (pref.) 1 0 0 — Associated News 1 ,) 0 D.l.C. (ord ) o a 0 D.T.C, (pref.) i 2 0 .... Dominion Fertiliser 0 17 6 0 17 10 Dominion Fertiliser Debentures 102 0 0 — 0 Dominion Rubber 1 5 0 1 6 Dunedin-Kaikorai Trams 1 14 0 — Dunedin Stock Exchange Propty. — 2 8 0 Dunlop Pcrdriau Rubber 0 18 4 •— Electrolytic Zinc (def. ord.) ... 1 5 o: Kaiapoi Woollen (ord.) 0 9 3 — Kaiapoi Woollen 0 1 19 3 0 8 (pref.) Mount Lycll — N.Z. Drug Co 3 1-1 3 — N.Z. Farmers’ Fertiliser 0 17 0 _ N.Z. Malay Rubber 0 (ord.l 9 0 — 0 N.Z. Paper Mills ... — 0 1 11 • Otago Daily Times ’ 2 6 1 — Regent .Theatre 0 18 6 0 6 BREWERIESN.Z. Breweries 2 2 1 2 2 4 ’1 imam Brewery (1.0s 3 paid) * 0 7 ' GAS- ■ Chrklcliui ch 1 9 3 — 011.Molnroa. (ord.) — 0 4 3 GOLD - MINING— Bell-Hooper — 0 0 11 Bell-Kilgour 0 0 4 0 U b Bendigo Ooldlight ■ ... Big River 0 0 5 0 0 0 8 0 10 Blackwatcr 1 12 0 0 — Central Sholover 0 10 Charleston 0 1 3 0 — 1 Gillespies 0 1 10 2 Golden Point — 0 0 3 .olden Progress - 0 1 3 ti Golden Sands 0 2 6 0 3 0 Kildare 0 1 10 0 2 King Solomon 0 4 2 0 4 8 Lawson’s Flat 0 0 3t 0 0 7 Mahakipawa 0 0 10 — Moonlight-Nelson 0 0 9 Creek 0 0 7i Nevis Diesel 0 0 5 0 0 5* New Cornish Point (cont.) ... 0 0 New Cornish Point (paid) 0 1 1 Nofcomai ... 0 2 9 0 3 3 Okarito •0 8 3 0 8 8 Oxenbridge ... n o a;. Paddy’s Point — 0 5 V Skippers (Is paid) ... 0 o a Skippers (9d paid) ... Wat h i 0 0 8 i 16 0 Waihi Grand Junction 0 4 7 — 0 Waitahu 0 4 8 0 5

Si p.e. Stock 13381943 ... 103 0 0 , — 34 p.c. Stock. 19391945 ... 103 0 0 — 34 p.c Stock, 19411943 ... 103 0 0 — 34 P.c. Stock. 1.9381952 ... 105 10 0 — 5k p.c. Stock. 19391952 ... 105 10 0 — 3k nc Stock. 19411952 ... 103 10 0 — 4 p.c. Bonds. Jan 15, 1940 ... 104 10 0 — 4 p.c Stock, dan. 15. 1940 ... 104 10 0 —• 4 p.c. Bond*. Feb 15, 1.946 ... 104 10 0 — 4 p.c Stock, Feb 15, 1946 ... 104 10 0 — 4 p.c. Bonds, Apri 15. 1949 ... 104 0 0 — 4 p.c Stock. April 15, 1949 m ... 104 0 0 — 4 p.c. Bonds. June 15, 1955 ... 105 0 0 — 4 p.c Stock. Jane IS. 1955 ... ... 105 0 0 —