COMMERCIAL.

Star (Christchurch), Volume XLIV, Issue 752, 4 May 1933, Page 12

COMMERCIAL.

Quotations on Stock Exchange. CHRISTCHURCH. Sales on ’Change. E.. S. and A. Bank. £4 5s 6d. Bank of New South "Wales (cum div.), £29 7s 6d. Bank of New Zealand*(cum div.), 45s 3d (three parcels). National Insurance (cum div.), 16s lid. United Building- Society, 17s 3d. New. Zealand Breweries, 30s. Australian Glass, 47s 6d. Electrolytic Zinc (pref.). 29s 9d. New Zealand Farmers’ Co-op. 41.p.c. Stock, 1940, £4l 17s 6d. Big River, Is 4d (two parcels). Lawson’s Flat (Is paid). Is 3d. Nokomai, 5s lid, 5s 2d (two parcels). Sales Xteported. National Insurance (cum div.), J6s lid. Mount Lyell (late sale May 3). 20s 7d. Wilson's Cement (cum div.), 32s Sd. Number of Shares. 25 E., S. and A. Bank. 5 Bank of New South Wales. 300 Bank of New Zealand. 100 National Insurance. 173 United Building Society. 181 New Zealand Breweries. 300 Australian Glass. 100 Electrolytic Zinc. 100 N.Z. Farmers’ Co-op. 50.0 Big River. 250 Lawson’s Flat. 400 Nokomai. 200 National Insurance. 100 Mount Lyell. 200 Wilson's Cement. Following are to-day’s quotations: Buyers. Sellers. £ a. d. £ s. d.

(2). AUCKLAND BUSINESS. (Special to the ** Star.”) AUCKLAND, May 4. The unsatisfied demand for Government stocks on the Stock Exchange has resulted in prices of 4 per cents going above par. At the 3.15 p.m. call yesterday there was a sale at £IOO 12s 6d, but this valuation failed to hold, and this morning sales were made at £IOO ss. Subsequently there were still buyers at this figure. A parcel of 1940’s was available at £lOl. Colonial Sugars were quoted ex div with buyers at £54 10s. Holders asked £1 more. Pukemiro Collieries were again asked for at 19 s 6d, and Wellington

Woollens were available at £5 , ; 2s 6d. j The banking and insurance sections , showed few alterations. Waihis were • steady with buyers at £1 2s 6d, sellers j asking £1 3s 6d.

OTHER EXCHANGES. Per Press Association. DUNEDIN, May 4. Sales—Nokomai, 5s Id; Central Shotover, 3d. Sales Reported—Bank of New Zealand, 45s 3d, 45s 4£d, 45s 4d; New Zealand Drug Co., 655; Okarito, 9s sd; Big River, Is 4d (two parcels). Sales After Call—Bank of New Zealand, 45s 4d; Central Shotover, 9d. SALE or NEW ZEALAND APPLES. United Press Assn.—By Electric Telegraph—Copyright. (Received May 4, 10.30 a.m.) LONDON, May Apples are in good demand at a low r level of prices. Shipments brought by the Coptic, Rangitiki and Rotorua from New Zealand realised the following prices; Cox’s, 8s 6d to I ts; Jonathans, 8s 3d to 11s; Dunns, 9s 6d to 11s 3d; Delicious, 8s 6d to 10s 6d; London Pippins, 9s to 10s; Wolseleys, 8s 6d to 9s 6d. Bid RIVER GOLD MINES, LTD. The report for the month of April of Big River Gold Mines, Ltd., states:— Holidays during the month reduced the j working days to nineteen. No. 3 level—The ris-e above No. 1 south drive at 80 feet from the entrance has been advanced by 19 feet, total 28 feet. The lode has been somewhat disturbed by small breaks and faults; but has averaged IS inches in width of clean quartz. Pair gold has been seen in breaking. Leading stopes on north and south sides of this rise were com- f pleted and mullocked up for a length of ' about 4 0 feet, the lode averaging 18 : Inches in width. Winze below No. 1 South Drive at • 70 feet from the entrance—A windlass chamber 9ft x sft x Bft was cut out ! in the hanging wall, and winze sunk ! 8 feet. Lode in south end of winze 4 feet wide; but smaller in north end j owing to an intrusion of mullock reducing the average width to 2 feet 6 inches of clean quartz. Fair gold can be seen • in the stone, and the lode carries a j little water. Jones Rotef in intermediate drive , off rise at 50 feet above No. 3 level—A little stoping was done at i head of rise on stone averaging 5 feet ! in width, in which fine gold could be seen. Duggan’s Reef at No. 1 adit level, 184 feet from entrance—North-east drive on fault plante advanced 29 feet, total 90 feet. Nothing of importance was met with, and driving was suspend- ; ed. A south drive was then opened out ; on line of fault, and advanced 5 feet, at j which point what appears to be the ; south-easterly continuation of Duggan’s j Reef has just been met with. The full I width of the lode is not yet exposed; but 2 feet of clean, highly-mineralised ; quartz is showing in the face. Samples , are being forwarded for assay. Battery—Repair work on water race, • battery, and cyanide plant is now prac- | tically completed. The copper plates ■ are in position, and it is expected that crushing will be commenced shortly. | OTHER EXCHANGES, AUCKLAND, May 4. 1 Sales—Farmers’ Trading, Is 9d: Grand Junction, 3s lOd: Commercial Bank. I4si sd: Auckland Gas. 22s 6d and 22s 7d: • Bank of New Zealand (D mortgage shares), 29s 6d: Wool worth’s (prof.), 32s 6d; Bank of New Zealand shares . 45s 2d: Bank of New South Wales, £29 5s and £29 10s; Government Stock. 1246, £IOO ss; Golconda, lid.

N.Z. GOVT. STOCK3£ p.c. Inscr. 193899 34 p.c. Inscr., 193852 99 12 6 100 0 0 4 p.c. Jnscr, 1.940 100 5 0 100 10 0 4 p.c. Inscr, 1946 100 0 0 100 10 0 4 p.c. Inscr, 1955 100 10 0 OTHER DEBENTURES N.Z. Refrigerating, 64 p.c., 1935 .. N.Z. Refrigerating. 97 ! 0 0 i>4 P-c., 1935 94 5 0 BANKS— Australasia 70 6 Comm. of Aust. Comm. of Aust. 0 14 0 14 7 (pref.) 8 10 0 Comm, of Sydney 15 1 3 0 15 15 o National of A'asia C 1 C (£10 paid, cum 0 National of A’asia (£5 paid cum _ 0 r National of New Zealand New South Wales 3 9 0 3 14 0 (cum div.) .... 6 0 New Zealand (cum Union of Aust. . . INSURANCE— 7 9 6 7 11 6 A.P.A 0 National (cum div) 0 16 11 0 New Zealand .... 8 South British .... 3 5 0 LOAN AND AGENCY— Goldsbrough Mort National Mortgage 1 2 7 National Mortgage 18 N.Z. Guarantee 0 4 7 United Building Society 0 17 1 0 18 0 FROZEN MEAT— Canterbury (pref.) 4 15 0 N.Z. Refrigerating (£1 paid) .... N.Z. Refrigerating 0 10 10 0 11 4 (10s paid) .... 0 3 9 0 11 WOOLLENS— Kaiapoi (17s pd.) 0 (pref.) . . 0 4 6 Grey Valley .... 0 13 6 0 19 0 Stockton (ord.) . . 0 u 1.4 u (pref.) . . 0 3 3 Auckland 1 o Christchurch Christchurch (10s 1 6 1 8 0 0 13 BREWERIES— Montciths 0 (l New Zealand .... 10 0 ** Timaru <7s 6d n Tooheys 0 16 * 1 1 16 MISCELLANEOUS— Australasian Paper and Pulp .... Australian Glass 10 12 i Amal’gated WireJess (contr.) .. Beath and Co. . . Beath and Co. (Is 1 0 6 1 2 6 * 4 8 Beath and Co. British Tobacco . Burns, Philp .... Colonial Sugar (ex 1 2 1 3 8 0 11 0 D.I.C. (10s paid) . Dominion Fer0 9 3 D.I.C. (pref.) _. . .. 0 19 0 16 30 Electrolytic Zinc Dunlop Rubber . . 0 16 6 0 17 0 Henry Jones Co1 1

op. (cum div.) 1 16 9 1 17 6 Hume Pipe (Aust.) 0 9 6 0 15 0 Kauri Timber . . 0 10 0 Milburn Lime . . 15 0 1 13 0 Mount Lyell .... 107 1 0 S N.Z. Drug Co. . . 3 5 0 3 8 0 N.Z.' Farmers* Coop., 4$ p.c. stk., 1940 41 10 0 42 0 0 Northern Roller Flour 1 5 0 N.Z. Newspapers . 13 0 15 0 Wilson’s Cement . 1 12 6 1 15 0 Wool worths (N.Z.) (pref.) 1 13 0 MINING— Consolidated .... 0 9 3 0 9 8 Alexander (13s 6d paid) 0 9 4 Big River. 0 1 3J 0 1 4 Cornish Point . . 0 0 1 0 0 3 Gillespie’s Beach (9d paid) .... 0 1 4 Freshford ...... 0 1 4J C 1 52s Golden Dawn .... 0 1 9 0 2 6 Golden Point .... 0 0 1 0 0 2 Golden Saqils • • • 0 2 9 0 3 2 Goleonda (6d pd.) 0 011 0 0 lli Kildare 0 110 0 2 2 King Solomon . . 0 1 9 0 2 0 Lawson’s Flat (Is paid) 0 1 3 0 2 0 Mahakipawa .... 0 0 1J 0 0 2 (pref.) 0 0 3J 0 0 5 Nokomai 0 5 2 0 5 3J Okarito 0 9 4 0 9 6 Waihi Grand Junction 0 310 04 0 Waitahu (4s paid) 0 5 3 Unlisted Stocks. All transactions in stocks quoted In this section are subject to double rate of brokerage and are not quoted on the official list. Bell Hill 0 2 0 0 3 6 Bell Hooper ...... 0 0 11 0 0 11J Brian Boru 10 0 Sun Newspapers . . 0 2 3 0 3 6 Snowy River Sluicing 0 1 9 0 2 0 Temuka Flour .... 100 Maerewhenua (6d paid) • 0 0 3J 0 0 6 Sale—2550 Bell Hooper, lljcl (2), lid