COMMERCIAL.

Star (Christchurch), Volume XLIV, Issue 143, 18 June 1931, Page 6

COMMERCIAL.

FRUIT PRICES ON LONDON MARKET. A cable dated June 15, from the New Zealand High Commissioner’s Office, London, to the New Zealand Fruitgrowers’ Federation, states that the market at present is firm, but it is likely to be affected for the next two weeks by supplies of soft fruits. The following prices were given:—Ex Tamaroa: Record Dougherty, Delicious, Ballarat, Rome Beauty, 12s to 14s; Sturmers, 11 s to 13s; Grannie Smith, 14s to 16s. Ex Rangitane: Winter Cole and Winter Nelis pears, 12s to ISs. ANOTHER KAWARAU SCHEME. In view of the benefit that would follow greater gold production in Otago at the present time, residents of the Cromwell district are showing increased interest in the possibilities of mining (says the “Otago Daily Times”). Experienced miners are still obtaining gold in small quantities from the Kawarau River while the level is low. and the opinion is freely expressed that considerable 'quantities of gold have yet to be recovered from the river if suitable means of obtaining it could he devised. A suggestion that is gaining wide support in the district is that a second dam should be constructed below the Shotover and Arrow Rivers to hold back the water from them and expose ledges which have not so far been reached. • It is claimed that this could be done at a cost which would enable gold to be profitably obtained. STOCK EXCHANGE. CHRISTCHURCH. Following are to-day’s quotations:—

Sales on Change—N.Z. Government 5} P. 0.. lnscr., 1932. £99 12s Gd; E. S. and A Bank. £3 ISs; Goldshrougli Mort (cum div.), 19s Id (2), IDs 2d; Cornish Point, Bid; King Solomon. 2s lOd. Number of Shares. £2OO N.Z. Govt. 51 p.c. Inscr., 1932 35 E. S.-and A. Bank 300 Goldshrough Mort (cum div) 300 Cornish Point 100 King Solomon

Buyers. Sellers. £ d. £ N.Z. GOVT. STOCK— 42 p.c. Inscr., 193S 97 15 0 98 6 5J p.c. InSer., 1937 96 0 9o 15 0 51 p.c. Inscr., 19S2 99 7 6 51 p.C, Inscr., 1933 51 p.c. Bonds, 1933 and 1936 .... OTHER DEBENTURESCh’ch Drainage, 51 p.c., 1973 . . . Ch’ch Drainage, 51 p.c., 1965 BANKS— 0 13 9 0 14 4 9 0 9 Comm, of Aust. . . 0 13 10 0 14 Comm of Aust. 5 8 0 5 Comm, of Sydney 14 3 16 6 Natl. of A’asia (£10 paid) 9 10 0 Natl. A’asia (£-5 paid) 4 8 6 4 11 Zealand 4 15 0 4 19 0 New South Wales 24 10 0 New Zealand (cum Union of Aust. .... 7 9 0 7 11 INSURANCE — 0 12 10 0 13 1 New Zealand .... 2 1 6 South British 10 LOAN AND AGENCY— Dalgety and Co. 5 13 0 6 0 0 Goldsbrough Mort 0 19 0 0 19 Mutual Benefit . . 11 lb 0 United Building Society 0 9 SHIPPING— Union (pref.) .... 0 19 9 FROZEN MEAT— N.Z. Refrigerating (£1 paid) .... 0 11 0 N.Z. Refrigerating (10s paid) .... 0 3 COAL— Westport 1 3 6 GAS— Auckland 1 3 0 Timaru 1 1 G BREWERIES— New Zealand 1 12 9 1 13 9 Staples 1 11 6 Timaru (5s paid) 0 6 Tooheys 0 15 0 MISCELLANEOUS— Amal. Wireless (cont.) 0 18 6 Australian Glass (cum div.) 1 2 9 1 4 9 Beath and Co. - . 1 0 6 1 3 6 Beath and Co. (Is paid) 0 2 0 0 3 0 British Tobacco (cum div.) 1 3 11 1 4 0 Electrolytic Zinc (ord.) 0 3 0 0 10 0 Electrolytic Zinc’ 0 12 0 0 13 9 Mount Lyell (cum div.) 0 16 5 0 16 9 N.Z. Drug Co 2 9 3 2 10 9 N.Z. Farmers’ Coop. (1st pref.) 2 10 0 N.Z. Farmers’ Coop. (61 p.c. stk., 1940 and 1945) . 50 0 0 N.Z. Paper Mills 0 17 3 0 18 5 Whitcombe and Tombs 2 10 0 Wilson’s Cement 1 Wunderlich .... 0 0 0 0 Wool worths (N.Z.) (pref.) 1 5 0 MINING— Cornish Point .... 0 0 8 Ivinfe Solomon 0 2 0 2 Mahakipawa .... 0 0 7 0 0 71 M a lx a k i p a w a (pref.) 0 0 72 0 0 9 Okarito 0 8 1 0 8 6 Waihi Waihi Grand June0 Golden Point (10s paid) Golden Point (lO’.d paid) 0 1 S 0 2 2