COMMERCIAL.

Star (Christchurch), Volume XLIV, Issue 145, 20 June 1931, Page 9

COMMERCIAL.

Sales on 'Change.—Goldsbrough Mort (cum div.), 19s 2d; Mount Lyell (cum div.), 16s lid; King: Solomon, 2.s lid (2 parcels), 2s Hid (2 parcels); Mahaklpawa, 71d (3 parcels). Sales Reported.—Bank of Australasia (late sale 19th), £9 7s 6d; Union Bank of Australia. £7 12s; Goldsbrough Mort (cum div.), 19s 4d; Christchurch Drainage Board, 5i p.c., 1965, £92 10s. Number of Shares. 25 Bank of Australasia (late sale 19th). 200 Goldsbrough Mort (cum div.). 25 Union Bank of Australia.. 100 Mount Lyell (ciim div.). 600 King Solomon 13 00 Mahakipawa Goldfields. £3OO Christchurch Drainage Board, 51 per cent, 1965.

AUCKLAND BUSINESS.

(Special to the •* Star.”) AUCKLAND. June 20. There were no sales recorded at the 9.30 call this morning;. In the banking section New South Wales were still available at £24 15s, and New Zealands were quoted ex div., with buyers at 40s 6d and sellers 3d higher. The rise in Waihis appeared to be checked as offers to sell at 15s 2d failed to bring business. Farmers' Fertilisers were offered cheaper at 13s. OTHER EXCHANGES. AUCKLAND. June 20. Sales Reported (after the morninpr call). —Kinp Solomon, 2s Sd; Auckland Gas, 22s 9d; Bank of New South Wales, £24 15s; Government 4i per cent Stock, 1938 and 1939, £9B. Per Press Association. DUNEDIN, June 20. Sales—Refrigerating Company (cont.), 3s 9d. Sales reported—Okarito, 8s 4ld; 1939 4J Government Stock, £9B ss; King Solomon, 3s. Per Press Association. WELLINGTON, June 20. Reported Sales.—Government 51 per cent, 1933, £99 ss; Commercial Bank of Australia, 13s lid; British Tobacco, 23s lid; New Zealand Drug, 50s. KINO SOLOMON MINES. The following is a copy of a telegram received by the Christchurch Stock Exchange, Ltd., from King Solomon Deep Lead, Ltd.:—“Return for four days’ work on wash ninety ounces. Future washups Fridays.” LONDON PRODUCE MARKETS. The Bank of New Zealand has received the following advice from its London office as at the close of business this week: Frozen Meat.—There is a moderate demand for wether mutton; prices arc a shade lower. The market for ewes is not so firm. The demand for lamb is not so good. Trade in beef is slow. Quotations are:—Wethers, light 4jd to 52d per lb, heavy 4d to 4gd; ewes 3Jd to 4 id; lambs, 2’s 7Jd to 75d, S’s 7|d to 7Jd, 4’s 7d to 7Jd, seconds 6Jd to 7d; ox hinds 3d to 3ld, ox fores lid to 13d; cow hinds 2id to 3d, cow fores Id to ljd. Per Press Association. INVERCARGILL, June 20. The King Solomon mine washed up 90 ounces 17dwts for four days. When further developments are completed, the mine promises to be one of the richest ever worked in Southland. COMMERCIAL REPORT. H. C. Smith, of The City Market, held an auction sale account Mrs C. E. Clark, 28, Longfellow Street. The property was passed in at £6OO. The furniture, under good competition, sold as follows:*—Hose 18s 6d, barrow lls, wringer 14s, pickets 15s, teaset lls, machine 355, sideboard 27s 6d, oak table £4 ss, carpet 455, wardrobe £2 15s, two duchesses £3 3 os, runner £2 12f» Gd, hall stand 20s, clock 295, oak duchesse £5 ss, mattresses to 30s, double bed 32s 6d, jar-

denieres Os to 15s. candlestick 13s 6d, oak secretaire £4 7s 6d. sctte® £2 10s, two chairs £3, four chairs 365, chesterfield 455. armchair 255, carpet £B, linen £8 2s 6d, tablecloths to 17s. chest drawers 20s, pictures 7s to 11s each, electric iron 12s. carpet sweeper 15s, lawnmowcr 18s 6d, garden tools 345, heater 10s. 1 H. Matson and. Co. conducted on Friday afternoon, for the liquidators of the Estate of William Goss, a very large auction sale, which included seven or eight timber drays, a good many sets of harness, a motor truck, paints, scores of doors, window panes, glass, heating apparatus, and a large quantity of very serviceable timber. Apart from the attendance of many contractors and builders, a good number of farmers front all parts of Canterbury competed for the various lots. The following were the principal sales: Motor truck £25, heating system £l3 10s, timber drays £3 10s. £B. £6, £S 10s, £7, £9, £3 ss, £8 10s, dray saddle and breechings £2 5s to £4, collar, hames and winkers 25» to 27s 6d. cart Jack 15s. oil colours 13s, boxes nails 10s, red pine doors 11s to 12s, cedar doors 10*. redwood doors 13s to 14s. Oregon doors 9s to 11s, kauri doors 9s to 11s, pinus doors 10s. mantelpieces Bs, cupboards 16s, office chairs 10s to 12s, tiled curbs 18s, steel laths £l, paint powders 10a to IBs per hex, sashes 10s to £2 15s, garden seats 355, quantity of glass, boxes 16s, office partition 12s 6d. piping 10s, gates from 7s 6d to 30s, posts £2, door frames! 10s each, boxes glass 17s 6d. also 200 lots of timber from 7s 6d to 35s per heap. •

STOCK EXCHANGE. CHRISTCHURCH. Following are to-day quotations:Buye Sellers. £ d. £ N.Z. GOVT. STOCK— 4i p.c. Inscr., 1938 15 1 6 51 u'.c'. 1932 90 l 2 6 100 0 0 51 p.c. Inscr., 1953 9S 10 0 OTH KIt rilCBKXTl'ItES North Canterbury 1940 North Canterbury Hospital, 53 p.c.. 1932 Christchurch Drainage, 52 pc., n n i 1 0 Glaxo. 6i p.c., 1945 87 10 o 91 0 0 Gisborne Sheep, 6i p.c., 1941 7 2 GJ p.c.. 1932 .. 65 0 Aust. of Commerce 0 13 8 0 14 2 1 Comm, of Aust. . . 0 14 0 6 0 15 E., S. and A 3 16 0 National of Australasia (£10 pd) 9 0 National of Australasia (£5 pel.) 4 9 0 National of New Zealand .... 4 12 6 5 0 New South Wales 24 5 0 24 12 New Zealand (ex div.) 2 6 3 2 G 7 New Zealand (“D” Mort. shares) .. 1 6 S Union of Aust. .. 7 9 0 7 10 INSURANCE— A.P.A 0 4 3 National o 12 South British .... 3 10 3 LOAN AND AGENCY Building Society 11 11 0 12 Dalgety and Co. . 5 Goldsbrougli Mort (cum div.) .... 0 19 Mutual Benefit . . 11 15 National Mortgage (cum div.) 2 0 0 N.Z. Guarantee Corporation 0 4 11 United Building Society 0 12 SHIPPING— Huddart Parker . 0 17 P. and O. Deferred Stock 1 0 Union (pref.) .. 0 19 FROZEN MEAT— N.Z. Refrigerating (£1 paid) 0 10 6 N.Z. Refrigerating (10s paid) 0 3 8 WOOLLENS — Kaiapoi (17s pd.) 0 6 6 0 8 COAL— Grey Valley .... 6 Westport 1 Stockton (ord.) . 0 0 Stockton (pref.) . 0 0 3 0 GAS— Christchurch .... 1 4 10 paid) 0 11 3 0 12 Timaru 1 BREWERIES— 0 0 New Zealand .... 1 13 1 1 13 0 18 White Star 0 3 0 0 10 U MISCELLANEOUS— Allied Motors . . 0 0 1 Amalgamated Wire30 Beath and Co. . . 1 1 0 1 3 0 Beath and Co. (Is _ paid) 0 1 0 (cura div.) .... 1 3 3 1 4 3 Burns Philp .... 1 17 0 Colonial Sugar . . 32 0 0 Dunlop Perdrlau Rubber 0 5 6 Electrolytic Zinc (ord.) 0 3 0 0 10 0 Kauri Timber . . 0 6 9 Mount Lyell (cum div.) 0 16 10 0 16 11 N.Z. Farmers* Coop. (61 p.c. Stk., 3940) 62 10 0 53 10 0 N.Z. Farmers* Coop. (61 p.c. Stk., 1945) 51 0 0 N.Z. Farmers’ Coop. (61 p.c. Stic., 1939) 52 0 0 0 0 Quill, Morris .... 0 0 United Pictures . 1 0 6 Wilson’s Cement . 1 15 0 1 17 0 Wunderlich .... 0 1 6 0 V G Woolworths (N.Z.), (pref.) 1 2 6 1 5 0 Automatic Totalisator 0 5 6 0 10 0 Eclipse Petrol (£1 paid) 0 12 6 Peters American Delicacy 0 15 0 MINING — Alexander .... 0 Cornish Point . . 0 0 8 0 0 9 King Solomon . . 0 2 11 Mahakipawa . . 0 0 7 0 0 8 Mahakipawa (pref.) 0 0 ah 0 0 10 Okarito 0 8 0 8 Waihi 0 15 3 Waihi Grand Junetion (cum div.) 0 3 4 0 4 3 Golden Point (10s paid) 0 16 1 Golden Point (101d paid) 0 1 6 0 1 9