MINING NEWS.

Northern Advocate, 19 April 1933, Page 10

MINING NEWS.

MAH A KIP AWA CAPITAL

REDUCED.

The resolution to reduce the ordinary share capital of Mahakipawa Gold : fields, Ltd., from £.07,779 0/- to £18,889 14/0 by reducing the nominal value of ordinary shares from 1/- to (id, was Confirmed ata special meeting of share-, holders in Christchurch, in addition, 44,411 shares of 1/-, which had not been taken up, were cancelled. Provision was made for the preference shares, which remain at their original nominal value of 1/-, to participate in dividends to the same extent as was made possible before the ordinary shares were written flown. The right of preference shareholders to a preferential dividend of S per cent, was reserved.

' OKARITO RETURN. (Per Press Association.—Copyright.) DUNEDIN, This Day. The Okarito (South Westland) return for the week ended last. Saturday was 111 ounces 17 pennyweights for 123 hours’ dredging. PUKEKOHE PRODUCE. POTATOES FIRMER. (Special to "Northern Advocate.”) PUKEKOHE, This Day, The demand for Pukekoho potatoes has a slight firming tendency this week, the price being 4/6 per cwt, f.0.r., Pukekohe. New season’s onions are dull of sale. They are also quoted nt 4/6 a cwt.

THE AUCKLAND MARTS. I FRUIT SELLING WELL. TOMATOES IN DEMAND. (Special to "Northern Advocate.") AUCKLAND, This Day. Following the holiday period the demand yesterday for fruit generally was good. Fresh supplies of oranges, mandarins and bananas reached Auckland by the Niagara, which arrived from Canada, via Island ports. Tomatoes wore in strong demand and brought good prices. To Kauwhata grapes are now not as plentiful as earlier in the season, and prices are improving accordingly. Quotations are: — Apples: Delicious, 1/9 to 4/3 per case; Spys, 3/ to {!/; Eallarats, 3/ to 5/; Munroes, 3/ to 4/6; Jonathan, 4/ to 6/; rejects and others/ 1/3 to 2/. Pears: Louis Bon, 8/ to 10/; Kciffor, 2/6 to 4/; Buerre Dei 1, 2/6 to 3/3; Coles, 7/ to 8/6; rejects and others, 2/ to 3/. Passions: 3/ to 4/(5. Persimmons: 1/3 to 2/. Bananas: Original pack, 10/6 to 17/; ripe, 18/ to 28/. OrangeU; Californian, 36/6 to 40/; Fiji, 12/6 to 16/; Rarotonga, 21/ to 23/, Fiji mandarins: 13/ to IS/. Tomatoes: Outdoor, local, choice, smooth 0/6 to 9/; others, 3/ to o/; Capo gooseberries, 2Jd to 3d per lb. Quinces: o/6 to 7/6. Lemons: Extra choice 14/ to 17/; others, 6/ to 13/. Grapes: To Ivauwhata, 10/ to 11/; hothouse, 'Column, extra, choice, 1/2 to 1/7 lb; Dolman, others, 9d to V; Hambnrgs, 6d to V.

Vegetables. The market was heavily supplied with Onions, potatoes, kumaras and lettuce. There was also a good supply of cabbages, cauliflowers, celery, peas and all A'egetables in season. There was a fair demand. ’ Quotations are: — Potatoes, 1/ to 3/ per ling; swedes, 1/0 to 2/0; onions, 1/0 to 2/0; kumaras, 1/0 to 2/0; cabbages, 3/ to 0/ sack; on benches, 1/0 to 3/0 dozen; cauliflowers, 5/ to 0/0 sack; on benches, 2/ to 4/ dozen; pumpkins, best. Crown, 5/ to 5/0 cwt; others, 2/ to 3/; cucumbers, 1/0 to 4/0 dozen; carrots, Od to 9d dozen; parsnips, 9d to 1/; beet, Od to 9d; turnips, (id; radish, Od; spring onions, 2d to (id per bundle; spinach, 4d to Sd dozen; leeks, Id lo 2d dozen; green peas, 4/ to 8/0 bag; French beans, 1/3 to 2/ bag; marrows, 1/ to 2/ dozen; melons, 3d to 0d each; lettuce. 1/ to 5/0 case; celery, cooking, Od to 9d bundle; dessert, 1/ to 1/0; rhubarb, 9d to 2/ dozen. Poultry,

AI vest onlay’s auctions I here was practically none on sale. The prices paid remained level. Selling rales were as follow: —

Cockerels, heavy breeds, prime, 2/ to 3/0 each; not prime, 1/ upwards; light breeds, prime, 1/0 to 2/; not prime, 0d upwards; fat roosters, heavy breeds, prime, 1/3 to .1/9; light breeds, 9d to 1/3; fat hens, heavy breeds, 1/3 to 1/9; light breeds, 9d to 1/3; pullets, heavy breeds, best, 3/ to 5/; smaller, 1/ upwards; light breeds, best, 3/ to 5/; smaller, 1/ upwards;

drakes, young, primp, 1/3 to 1/9; smaller,,!/ upwards; ducks, young, 1/6 to 2/6; old, 1/ to 1/6; drakes, old, 1/ to 1/6. Eggs and Blitter,

Quotations are: —First grade lion oggs, 1/111 per dozen; B grade, 1 /SI ; C grade, 1/4-1. First grade duck eggs, 1/01; B grade, 1/71; C grade, 1/41. ' Farmers’ butter, 6d to 8d per lb.

BUTTER AND CHEESE. ROTH MARKETS QUIET. (Special to “Northern Advocate.”) AUCKLAND, This Day. The New Zealand Producers’ Cooperative Marketing Association, Ltd., report having received a cable from their London office, dated April IS, reading as follows:—Both ■ markets quiet. ' Butter: New Zealand, 60/ to 70/; Danish, 92/ to 04/. Cheese:. New Zealand, white; 40/; coloured, 46/. TALLOW, HEMP AND .FRUIT. THE LONDON .MARKET, ( Special to “Northern Advocate.”) AUCKLAND, This Dav. The Department of .Agriculture, has received, the lollovving cablegram, dated April l:l, from the High Commissioner for New Zealand, London: — Tallow: Market continues quiet. Fair business done in gut, etc., at last quotations. Hemp: Manila. —Market dull and inichangod. .Sisal. —Market quiet, but steady. April-June shipment No. I quoted sellers, £l4 .15/. New Zealand. —Market quiet and unchanged, with no first-hand sales reported. Fruit. —Otira consignment all very mature, possibly owing to faulty carriage. Cox’s Orange affected with bit-ier-pit. All parcels show waste up to 50 per cent, and many much worse. Immediate sales were essential, and shipment, was practically cleared, . 'bat i already there, have been rejections and reclamations. Initial sales. —Cox’s Orange (average), 10/fi; Dunn’s, 9/; Jonathans, 12/; London Pippins, 9/; Mobb’s Royal, 7/6; Ballarats, 9/6; Lord Wolseley, 8/9. Port Wellington consignment sales to date; —Cox’s Orange, 6/6 to IS/ (average of sales to date 14/7); Dunn’s, 8/ to .10/6 (average of sales to date 9/); Worcester Poannains, 7/ to .12/5 (average of sales to date 10/); Bhoreland Queen, 8/ to 9/6 (average of sales to date 9/5); Alfristons, 9/; Eoinette du Canada, 8/3 to 8/9 (average of sales to date 8/6); Lord Wolseley, 7/ to 8/9 (average of sales to date 7/6); Ballarats, S/6 to 10/6 (average of sales to date 9/). Akaroa consignment: Only few landed, but indications arc that this shipment is iu better condition.