Commerce, Mining, & Finance

Evening Star, Issue 22326, 30 April 1936, Page 7

Commerce, Mining, & Finance

THE METAL MARKET

Preu Asiociation —By Telegnph Copyright LONDON, April 28. The following are the official metal quotations: — . Copper.—Spot, £37 4s 4]d per ton; forward, £37 10s 7Jd. ' Electrolytic.—Spot, £4l ss; forward, £4l 15s. Wire bars, £4l 15s. , . Lead.—Spot, £l6 ss; forward, £l6 5 S> Spelter.—Spot, £ls; forward, £ls 2s 6d Ti 0 ._Spot, £207 2s 6d; forward, £202 17s 6d. Silver.— Standard, 20Jd per oz; fane, 21Jd.

AUSTRALIAN STOCK EXCHANGES

Pre»» Association—By Telegraph-Copyright SYDNEY, April 29. On the Sydney Stock Exchange prices were fairly steady, but the market lacked the activity of yesterday. afternoon sales.

WELLINGTON WOOL SALES

PRMEEDS TOTAL NEARLY £2,000,000 [Per United Press Association.] WELLINGTON, April 29. The. wool cheque for the fifth and final Wellington sale of the 1935-36 season amounted to £324,973, bringing the total 1 gross proceeds for the five sales to £1,825,592, compared with £812,202 the 1934-35 season and for 1933-34. A remarkable feature of this year’s sales is that the proceeds of every auction exceeded £300,000, showing the_ steadiness of the market on large offerings.

ADDINGTON STOCK SALE

[Per United Press Association.]

CHRISTCHURCH, April 29. Entries at the Addington market today were of normal size, but there was a Slight tendency for values to ease in some of the major sections. Store Sheep.—An entry of 5,000 odd head, mostly Chatham Islands and southern sheep. The bulk were sound and failing-mouthed. There was _ a sound sale for all classes. A large line of sound-mouthed merinos from Central Otago -sold at 13s 2d; good Romney cross two and four-tooth ewes made 28* 9d; good two-tooth wethers sold up to 22s 6d; and older cross-bred'wethers at 235. Store Lambs.—Ewe lambs sold strongly, but forward lambs and those for carrying over were easier by Is to Is 6d a head. Fat Lambs.—There was no change in the value of fat lambs. Best quality sold at from 26s to 295.

Fat Sheep.—Four thousand four hundred were penned and a good sale resulted except for freezing ewes, which were slightly easier. Best wethers made from 26s to 30s, and best ewes from 22s to 265. Fat Cattle. —Five hundred were penned, mostly inferior _ sorts. About 20 per cent, of best quality sold at last week’s rates, but the remainder were down' by 10s a head. Best steers made from £lO 10s to £l4 7s 6d; best heifers, from £8 t-o £9 17s 6d; and best cows, from £7 10s to £9 12s 6d. These prices were for the best quality, and averaged from 26s to 28s per 1001 b. Fat Pigs.—There was little change in values. Porkers made from 5d to SJd per lb, and baconers from 4]d to s|d.

DOLLAR AND FRANC

Frau Association —By Telegraph—Copyright LONDON, April 29. (Received April 30, at noon.) The dollar is quoted at 4.93® and the franc at 75.

GOOD QUALITY LEAF

REASSURING REPORTS ON N.Z. TOBACCO [Per United Press Association.] NELSON, April 29. According to expert opinion in England, last year's trial export shipment of Nelson-grown tobacco leaf compared well with the best sent to England from other Empire tobacco-producing countries. The opinion was expressed that, if the quality was maintained, there should be a good future for leaf grown in New Zealand. That information was given at _ a general meeting of the Nelson Provincial Tobacco Growers’ Association, held at Motueka, when Mr F. *O. Hamilton reported on the export shipment. He 1 was sorry there had been delays in securing the final reports and details of sales in London. At an early date, however, he would ask the growers who were interested to meet him. Some of the growers, he said, appeared as if they had not complete confidence in their product, and he hoped the report by the authority in England would make the growers and the growers’ representatives on’ the Tobacco Control Board feel that they represented a worth-while industry. Mr Hamilton added that at the present time the money from the sale of the export shipment was in New Zealand and was being held pending a decision as to how it would he distributed. The speaker said he had been satisfied with the prices realised, but if the sale had not been made so hastily the price would probably have been better, as the Nelson shipment was sold with a trial shipment from North Auckland. Mr Hamilton pointed out that last year it was decided to ship 100,0001 b, hut only 70,0001 b was made available. Some of the tobacco which should have gone to England was bootlegged to people who should not have got it. When the 70,0001 b were sold buyers wished to know where the other 30,0001 b were. The buyers then cabled that they wanted all that could be sent, and the latest communication was evidence that the leaf was of good quality.

FOREIGN EXCHANGE

ON NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted the following rates (to-day) for purchase and sales of foreign exchanges (all rates subject to alteration without notice) Buying. Selling. London—

DOLLAR RATES. The Associated Banks (other than the Bank, of New South Wales) quoted the following dollar rates to-day on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. CANADA, (Per £1 N.Z.) (Per £1 N.Z.) SELLING— T.T. (dol.) 3.96 3.97 i O.D. (dol.) 3.96 j 3.97 J BUYING— O.D. (dol.) 4.005 4.025

PRICE DF GOLD

Press Association—By Telegraph —Copyright LONDON, April 29. (Received April 30, at noon.) Fine gold is quoted at £7 0s 95d an ounce.

CAIRNMUIR SLUICING LTD.

[From Our Correspondent.] The first anual meeting of the Cairnrnuir Sluicing Limited was held at Cromwell on Tuesday night. The chairman of directors (Mr John A. Gordon) moved the adoption of the report and balance sheet, which was seconded by Miss Nelson. Rev. Father Graham said the company was as high and dry as the dredge down the Clutba, He asked what amount had been received by the Government as subsidy on wages. The secretary replied that £7O 8s lid had been received. Father Graham asked if it was all in cash. The secretary replied that it was. How much, asked Father Graham, /was due for wages ? The secretary replied there were no dages due to subsidised workers. Mr Murray (manager) intervened, stating that wages unpaid w'ere only due to the vendors. “ I want to know the amount due,” protested Father Graham. The secretary replied that the amount due for wages was included under the heading of sundry creditors, and he did not have the details with him. From memory he thought the amount w r as about £44. When the chairman proceeded to put the motion Father Graham asked that his protest against the action of the directors in refusing to carry out the recommendation of the shareholders be recorded. Mr John A, Gordon and Miss Nelson were nominated for directors by Mr Win. Murray and Messrs J. P. Parcell and John Anderson were nominated by Mr Leo. Paterson. A ballot having been taken, the chairman declared Messrs Parcell and Anderson elected.

' Father Graham then moved a vole of thanks to Mr Gordon and Miss Nelson' for their services as directors. Messrs W. If. C. Reid and Co. were re-elected auditors.

At the request of Father Graham the scheme for the further working of the claim, as submitted to the Unemployment Board, was read to the meeting. Father Graham expressed the opinion that the directors were giving the whole show to the Unemiployment Board. , The secretary said the company’s assets would be mortgaged to the board to secure the promised loan of £2OO.

AMALGAMATED ZING

TASMANIAN PAPER VENTURE Net profit of Amalgamated Zinc (De Bavays) Ltd. for the year was_ £6,917. A sum of £5,000 was brought into the accounts, and £3,082 has been transferred from equalisation reserve, so that dividends absorbing £IO,OOO have been paid. A sum of £5,000 is carried forward. In future only one general meeting will be held each year. Some details of the company which will be floated with a nominal capital of £3,000,000 to manufacture paper in Tasmania are revealed in the report of Amalgamated Zinc (i)o Bavays) Ltd. for 1935. Of the 450,000 ordinary contributing shares iaken by the firm 300,000 will be taken up by North B.H. Ltd., B.H. South Ltd., Zine Corporation Ltd., Electrolytic Zinc Company of Australasia Ltd., and Australian Glass Manufacturers Company Ltd. Amalgamated Zinc (I)e Bavays) Ltd., or its nominee, will have the right to take up 150,000 shares. Shareholders in Amalgamated Zinc will be asked to approve of the company taking up the shares, and the directors recommend this course. Should the shareholders agree the directors will form an investment company, Zinc Investments Pty. Ltd., to which sufficient funds to take up the shares will be transferred.

COLOMBO TEA SALE

Mr L. M. Wright has received the following cabled report on the Colombo tea auction of April 28:— The market for all grades advanced, common grades about id, medium teas id. while fine types were Id to IJd dearer at the close of the auction. At next week’s sale 2,750,0001 b arc catalogued for auction.

DUNEDIN STARR-BOWKETT

A meeting of shareholders of the Dunedin Starr-Bowkett Building Society was held last night, when several appropriations were disposed of in the various groups. In group No. 4, the 181st appropriation of £SOO was offered for sale, but as there wore no buyers, it went to the ballot, the successful number being 300, consisting of five shares held by one shareholder. The 182nd appropriation of £SOO was disposed of by ballot to No. 44, consisting of five shares held by three shareholders. In No. 5 group, the 106th appropriation of £SOO was disposed of bv ballot, and No. 121, consisting of five shares held by one person, was successful, lu No. 6 group the seventy-second appropriation of £3OO was disposed of by sale, £3OO being sold at £2l and the other £2OO at £lo.i •<

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE A fair volume of business was reported at the call this morning, and prices generally were firm. In the banking section, following the reported sale of Australasias at £l2, there was no quotation. New Zcalands had reported business after the call at £2 6s, the market closing with buyers offering £2 5s 9d, and sellers asking £2 6s 3d. Commercials were offered at £1 Os sd, a buyer at £1 failing lo produce a sale. Reserve Banks were still offered at £6 11s 6d, bnt as the books close to-morrow there were no buyers. All insurance slocks were wanted, but the only seller present was for Standards at £o 4s 3d, buyers offering £3 3s. Smiths were wanted at 17s, sellers requiring 17s 9d. New Zealand Refrigeralings (fully paid) were offered at £l, buyers offering threepence less. There was a closer market tor Westport Coals, sixpence separating buyers and sellers. Broken Hill Proprietary's (cont.) bad reported sale at £1 16s, and were still wanted at that, figure, but sellers quoted £1 16s 6d. New Zealand Farmers’ Fertilisers were inquired for at £l, but sellers were firm at £1 Is. A sale of ‘ Otago Daily Times was reported at £2 9s 9d, a seller subsequently quoting £2 10s 3d without attracting a buyer. New Zealand Breweries were on sale at £2 12s 3d, but there were no buyers. Woolworth’s (Sydney) were offered at £8 2s 6d, at which price' sales were reported but there were no buyers. Buyers quoted the slightly better figure of £1 4s 9d for Mount Lyells, but, sellers were firm at £1 5s 9d. .... Local mining stocks were quiet, the unproved price of 2s being offered for Big Rivers, but sellers quoted 2s 2d. There were no other changes. All issues of Government stocks were wanted, but the buying offers failed to produce sellers. Sates Reported.—‘ Otago Daily Times, £2 9s 9d; Broken Hill Proprietary (cont.), £1 16s; Woolworth’s (Sydney), £8 2s 6d (late yesterday); Broken Hill South, £5 14s (cum div.); Bank of Australasia, £l2; Waihi Investments, lls 9d. „ , Sales After Call.—Bank of New' Zealand. £2 6s. Quotations ns under: — Buyers. Sellers. £ s. d, £ s. d.

DIVIDENDS DUE

Amalgamated Wireless —Interim, 4 per cent April 30 United Provisions— Half-yearly pref. at 8 p.c. per annum ... April M British Tobacco (Australia) Ltd. —Quarterly at 6[ p.c. per anmini - April 30 Dominion Pictures —Interim, pref., 3 p.c.; ord., 2* p.c April 30 Northern Roller Mills—Final, pref., 5 1-5 p.c. p.a.; ord. 2 p.c. , April 30 E.S. and A. Bank—lnterim. 2£ p.c May 1 Aus. Iron and Steel—Pref., halfyear to May 1, 1932. 3J p.c. May 1 Reserve Bank of New Zealand — 5 p.c Ma y 1 D,l.c.—Preference, at 6 p.c. per annum May 1 Bank of Adelaide—lnt., 4 per cent. May 6 Kailnngata Coal —12i p.c., 2s a share May 7 Sharland and Co.—lnterim, ord. and pref., p.c ••• May 11 Macky, Logan, Caldwell —Final, 31 p.c May 12 Mosgiel Woollen Company—lnterim, 4 per cent. ... _ May 13 National Insurance —Interim, 4d a share May 15 Broken Hill Proprietary—Halfyearly, Is 3d a share May 20 National Bank of AustralasiaFinal, 6s on £lO shares and 3s on £5 shares ... May Henry .Tones Co-op. —Interim, 6d a share June 1 Broken Hill South—2s 6d a share June 13

THE SEARCH FOR GOLD

WELLINGTON ALLUVIALS LTD. Wellington Alluvials Ltd. F a , s registered in Melbourne last week with a nominal capital of £250,000 in shares of 2s each. The company has been formed bv the Broken Hill Pty. Ltd., to work a large alluvial gold deposit on the Macquarie River, near 'Wellington, New South Wales. At the last annual meeting the chairman of directors of the Broken Hill Pty. Ltd. (Mr H. G. Darling), announced that the company would be formed, and that shareholders would be_ given the opportunity of participating. ' The Broken Hill Proprietary has been bore testing the property since 1933. It is understood that a dredge capable of treating 1,000,000 cubic yards a , month will bo put into operation.

LDNDON FRUIT MARKET

The Otago Provincial Fruitgrowers’ Council Ltd. advises that the High Commissioner’s cabled report for the week ended April 25 on the London fruit market is as follow's: —

The Rangitiki, Empire Star, Mataroa, and Port Chalmers shipments discharged in sound condition generally, but some waste in Cox’s Orange apples. Wintry conditions keeping demand slow and prices unsteady. Apples.—Cox’s Orange, 10s to 16s; Granny Smith, 11s to 13s; Jonathan, Delicious, and Cleopatra, 9s to 12s; Dunn’s Favourite, Ballarat, and \> orcester Pearman, 8s to 10s; Lord Wolseley and Alfriston, 8s to 9s 6d. Pears. —Cornice, 13s to 15s; Trays, 12s • Winter Cole and Beurre Bose, 10s to 12s; P. Barry, Conference, and Backhands Triumph, 10s to 11s; Beurre Clairgeau and Beurre Capiamont, 8s 6d to 95,6 d.

UNITED BUILDING SOCIETY

[Per United Press Association.]

CHRISTCHURCH, April 29. The accounts of the United Building Societv, Christchurch, to March 31, 1936, show a net profit of £4,838, compared with £4,697 last year. Interim dividends were declared of 2] per cent, in October, 1935, and April, 1936, making 5 per cent, (unchanged) for the year. .

“ OLD TIME " CONCERT

The Central Mission Hall was Packed last night, on the occasion of an oldtime ” concert organised by the Methodist Women’s Missionary Union in aid of its funds. All the performers wore garbed in dresses of years ago, and sumo quaint and charming modes were unearthed for the occasion, the parade round the hall at tin? interval enabled the audience to obtain a closer view Mrs S. Prout presided, and Mrs W. H. Duke, at the close of the concert, thanked the organisers, the performers, and other helpers for a splendid and original entertainment. Hie programme was:— Songs —Misses Phyllis West, Pauline Capper, Alma Tyrrell. Jean Hall, Jennie M‘Lean; duets —Misses Merle Gilder and Jennie M'Lean, Miss Jennie Lawrence and Mr H Densem; piano solo, Miss Ruby White; recitations, Mrs Orr and Miss Heather Smith; violin solo, Miss Elma White; dances —Misses June Smythe and Mercia Donaldson, Misses Amy and Pauline Gapper, and Miss Laura Bain. The concert concluded with a play hv the Dnndas Street Bible Class girls. Miss Margaret Breen was the accompanist.

QUEER ISLANDERS

DESCENDANTS OF CORNISH FISHERMEN Descendants of Cornish fishermen were recently threatened with starvation when food supplies ran short in their colony on Tangier Island, off the coast of Maryland, United States. Their dramatic rescue from starvation by means of an airship and an aeroplane which dropped large parcels ot food when ice prevented ships reaching the island—has focussed attention on their queer ways of life. . There are 1,500 inhabitants on Uio tiny island, which is often said to be “ in, but nob of America/' Originally 14- families of Cornish fishermen settled there, and ni tone and idiom of speech the Cornish influence is still marked. Fishing is the mainstay of the island’s economic life. In summer the natives fish, and in winter they dig for clams and rake oysters from the ocean bed. Customs which have survived more than 200 years mark the daily life of the hardy residents.

The front garden of nearly every cottage is dotted with stones marking the graves of ancestors. There are no motor cars and no highways on the island. There are also no horses, although a bicycle is occasionally seen.

The islanders are intensely religious, and, until Ihe turn of the twentieth century, the local minister was considered the sole arbiter of all disputes. Only in the last generation has a deputy sheriff, from the mainland, been stationed there.

£ s. d. Bank of N-S.W. 33 7 6 Colonial Sugar ... 42 0 0 Australian General Insurance 0 16 6 United Insurance 11 0 0 Australian Gas (A) 7 13 0 Berlei 1 14 9 Tooth’s 2 13 6 Tooth’s (5s paid) 1 15 6 Queensland Brewery 1 10 0 Drug Houses 1 10 9 Australian Glass 4 12 6 Dunlop Perdriau 0 16 11 Henry Jones 2 1 0 Millaquin Sugar 1 8 3 Electrolytic Zinc 1 18 li Farmers 1 8 6 Anthony Hordern ... ... 1 0 li Anthony Hordern (pref.) 1 4 0 Standard Cement ...‘ ... 1 0 3 Commonwealth Wool 1 0 0 Australian Drug ... 0 14 0 Amalgamated Drug 0 14 0 Amalgamated Zinc 0 10 6 Peters 2 3 0 Phters Arctic Contributing 1 0 0 Gibson and Howes 1 8 0 Yellow Express 0 5 6 Mount Morgan 0 16 li Mount Lyell 1 5 0 Broken Hill Proprietary 3 1 3 Broken Hill Proprietary (new) ... 1 16 4i South Broken Hill 5 14 0 North Broken Hill 8 0 6 Zinc Corporation 4 2 0 Placer Development 5 16 6 Emperor 0 12 6 Koroere 0 4 6 Peninsula Tin 1 5 0 MELBOURNE, April 29. Com. Bank of Australia 1 0 4 British Tobacco ... 2 1 0 G. J. Coles ... 3 13 6 ‘Herald’ and ‘Times’ ... 3 7 9 Howard Smith ... 0 17 9 Mount Lyell ... 1 5 3 Emperor ... ... 0 12 0 New Morohe X U 0 Loloma ... 0 19 3

£100 sts. N.Z . T.T. £124 £124 10/ O D. £123 10/ £124 8/9 Australia— £A to. £100. N.Z . T.T. £101 £100 10/ Fiji— £F to £100 N.Z T.T. £90 7/6 £89 New York— dollar to £1 N.Z. .., ... ... T.T. 3.99* 3.95| O.D. 4.01 3.96* Montreal— dollar to £1 N.Z ... T.T. 4.00* 3.97* O.D. 4.02 3,97* France— Francs to £1 N.Z ... T.T. 60.80 59.97 O.D. 61.25 60.01 Noumea— Francs to ‘£1 N.Z, ... T.T. 62.60 58.60 O.D. 63.05 58.66 Papeete— Francs to £1 N.Z ..✓ T.T 62.60 58.75 O.D. 63.05 58.81 Belgium— Belgas to £1 N.Z ... T.T. — 23.341 O.D. — 23.552 Germany— Keichraarks to £1 N.Z ... T.T. — 9.797 O.D. — 9.802 Switzerland— Francs to £1 N.Z ... T.T. 12.391 12.121 O.D. 12.496 12.126 Holland— Florins to £1 N.Z ... T.T. 5.947 5.797 O.D. 6.007 5.801 Java— Florins to £1 N.Z. ... ... ... T.T. 5.921 5.761 O.D. 5.981 . 5.765 Japan— N.Z. pence to 1 yen .. T.T. — 17 41-64 O.D. _ 17 5-8 Shanghai— ' N.Z. pence to 1 dollar .. T.T. 17 17-64 18 41-64 O.D. 17 5-64 18 5-8 India and Ceyon N.Z. pence to 1 rupee .. T.T. 22 9-64 22 57-64 O.D. 22 3-64 22 7-8 Hongkong— N.Z. pence to 1 dollar ... T.T. 18 57-64 20 25-64 O.D. 18 51-64 20 23-64 Singapore— N.Z. pence to 1 dollar .. T.T. 34 27-64 35 31-64 O.D. 34 15-64 35 15-32 Sweden— Kroner to £1 N.Z ... T.T. 15.785 15.490 O.D. 15.845 15.500 Norway— Kroner to £1 N.Z ... T.T. 16.183 35.893 O.D. 16.243 15.903 Denmark— Kroner to £1 N.Z ... T.T. 18.203 17.893 O.D. 18.263 17.903 Austria— Schillings to £1 N.Z ... T.T. — 20.73 O.D. — 20.75 Czechoslovakia— Crowns to £1 N.Z ... T.T. — 95.06 O.D. — 95.11

BANKING— New South Wales ... — 34 0 0 New Zealand 1 2 5 9 2 6 3 New Zealand 0 (Long “ D ”) 1 8 — Commercial . 1 0 0 1 0 3 Commercial (pref.) ... 9 5 0 — E.S. and A 6 4 0 ' — National of New Zealand — 3 17 6 Reserve ... — 6 11 6 Union of Australia Ltd 9 14 0 — INSURANCE— National ... 0 19 3 — New Zealand 3 0 0 — South British 4 10 0 — Standard .. . 3 3 0 3 4 3 SHIPPING — Howard Smith ... ... . 0 17 0 0 17 9 P, and 0: Deferred Stock , 1 3 6 1 6 0 U.S.S. Co. (pref.) ... 1 6 9 MEAT PRESERVING— Gear — 1 1 0 N.Z. Refrigerating 0 (paid) .. , 0 19 9 1 0 N.Z. Refrigerating . 0 0 (cont.) 9 6 9 9 Southland Frozen 0 (pref.) .... 3 16 — 0 South Otago Freezing — 8 0 Waitaki Farmers’ Freezing ... ... 3 16 0 — LOAN AND AGENCYDalgety .< ... . 9 1 0 9 7 6 Goldsbrough, Mort .. . 1 11 3 1 11 11 Mortgage Cm-poration — 0 10 8 N.Z. Loan and Mercantile (brd.) 30 0 0 — Trustees Executors and Agency 3 10 0 — Wright, Stephenson 0 0 (ord.) — 1 Wright, Stephenson 0 (pref.) 1 3 COALKaitangata — 1 8 0 Westport . 1 2 9 1 3 3 W cstport-Stockton (pref.) — 0 2 5 Pukemiro Collieries 1 2 6 — WOOLLEN COMPANIES— Bruce (ord.) — 0 14 0 Bruce (pref.) — 1 4 0 Kaiapoi (cont.) 0 5 10 — 1 Kaiapoi (pref.) 0 17 6 — MISCELLANEOUS— Associated News , 1 2 3 1 3 0 Broken Hill Proprietary i 3 0 4 3 1 3 Broken Hill Proprietary (cont.) ... 1 16 0 1 16 6 Brown, Ewing (pref.) Colonial Sugar Co. ... 1 2 0 42 — 0 — 0 Crystal Ice Co. ... — 2 13 0 D.I.C. (pref.) 1 3 6 — Dominion Fertiliser 1 5 0 ■— Dominion Fertiliser Debs 104 0 0 — Dominion Rubber ... — 1 10 0 Dunedin Kaikorai Trams 2 0 6 — Dunedin Slock Exchange Propty, 1 19 0 2 0 0 Dunlop Perdriau Rubber 0 15 8 0 16 3 G. J. Coles — 3 13 0 Mil burn Lime and Cement ... — 2 3 9 N.Z. Drug Co. ... ... 3 16 0 — N.Z. Fanners’ Fertiliser 1 0 0 1 1 0 N.Z, Paper Mills — 1 10 0 ‘ Otago Daily Times ' — 2 10 3 Regent Theatre ... 1 1 0 BREWERIES— New Zealand “ 2 12 3 UNLISTED STOCKS— Woolworths (Sydney, 8 ord.) — 2 6 AUSTRALIAN MINING— Broken Hill South (£1), cum div. ... 5 13 0 — Electrolytic Zinc (ord., £1) 1 17 0 1 18 0 Mount Lyell (£1) ... 1 4 9 1 5 9 Mount Morgan (2s 6d) — 0 16 3 GOLD MINING— Argo Dredging (Is) ... 0 1 4 0 — Big River (ls| 0 2 0 2 2 Brian Born (Is) — 0 0 3'Gillespie's (Is) 0 1 Oi 0 1 2 Kildare (Is) King Solomon (Is) ... — 0 2 9 — 0 3 0 Martha (5s) 1 0 0 — Mataki Dredging ,(2s) . — 0 2 1 Nokomai (5s) — 0 2 6 Okarito (5s) — 0 4 0 Skippers (Is) 0 O' 2 1 0 0 4 Wailil Investments (5s) — 0 12 3 Waipapa Beach (Is) — 0 1 3 Waitahu (5sl 0 1 9 N.Z. GOVERNMENT LOANS(Bonds quoted are £100 Bond s.) 3i p.c. Stock, Nov., 1938-52 102 15 0 — 31 p.c. Slock, March, 193943 101 10 0 — 31 p.c. Stock, Sept., 1939-43 101 10 0 — 3j p.c. Stock, Mav, 1939-52 102 15 0 — 3i p.c. Stock, March, 1941-43 101 0 0 — 34 p.c. Stock, Sep., 1941-43 101 0 0 — 3i- p.c. Slock, May, 1941-52 101 0 0 — 31 p.c. Stock, Nov., 1941-52 101 0 0 — 4 p.c. Bonds, 1037-40 102 0 0 — 4 p.c. Stock, 1937-40 102 0 0 — 4 p.c. Bonds, 1943-46 103 5 0 ■ 4 p.c. Stock, 19434 6 103 5 0 — 4 p.c. Bonds, 1946-49 102 0 0 — 4 p.c. Stock, 1946-49 102 0 0 — 4 p.c. Bonds, 1952-55 103 10 0 4 p.c.. Stock, 1952-55 103 10 0 —