COMMERCIAL.

Star (Christchurch), Volume LXVI, Issue 20295, 3 May 1934, Page 12

COMMERCIAL.

Quotations on the Stock Exchange. CHRISTCHURCH. Sales on ’Change. 50 8., S. and A. Bank, £5 7s 6d. 50 Bank of New Zealand (cum div.), 50s 3d. 500 Bank of Xew Zealand (“D’ Mort. shares, cum div.), 34s Gd (2), 34s 5d (5). 20 Union Bank of Aunt., C 9 18s Gd. 100 N.Z. Refrig. (10s paid). 7s Dd. 50 Xew Zealand Breweries, 41s 9d. 100 Dunlop Rubber. 13s lid. 500 Brian Boru. 2s (2). 300 Gillespie’s Beach. 2s Id. 100 Golden Sands. 2s 9d. 650 King Solomon, Is Gd (5). 300 Mahakipawa (pref.). Is Id. 5000 Mining House Concessions (Gd paid), 5d (4). Sales Reported. 50 Xew Zealand Breweries, 41s 9d. 1000 Mahakipawa, 7Jd. Following are to-day’s quotations:

OTHER EXCHANGES DUNEDIN, May 3. Salesr—Gillespie's, 2s lid (two). After call —Brian Boru, 2s. AUCKLAND, May 3. Sales.—King - Solomon, Is (id; Leylana O’Brien, 21. s Gd; Clear Meat, 275; Bank of New Zealand. 50s 4d, 50s Gd; Bank of New Zealand <D mortgage), 34s 3c; Standard Insurance, fils; Farmers’ Auctioneering Co., 62s 6d; South British Insurance. YSs 3d; Government Stock. 1940. £lO4 10s. AUCKLAND .BUSINESS. (Special to the “Siar.”) AX'- KLAND, May 3. A healthy tone lias been maintained on the Stock Exchange over the past twenty-four hours, and a fair volume of sales has been recorded. At this morning’s call Bank of New ; Zealnnds were steady between 48s 3d \ and 4Ss Gd, and the “D ” mort. shores i touched a new high revel with a sale at 34s 3d. Coal shares were more active following the increase in the local price of coal, but no sales were recorded. Colonial Sugars were quoted ex div. with values adjusted accordingly. Northern Steamers were again in demand at 5s Gd. holders asking Is higher. The mining section continued to attract attention with buyers for twenty-five different Dominion issues. Government stocks showed few changes. LATE SALES YESTERDAY. Christ church. Sales on ’Change—£soo Inscribed. 4 per cent, 1949, £lO4 10s; 15 Commercial Bank of Sydney, £l7 17s fid: 50 Bank of • New Zealand (c.d.), £2 10s 3d; 100 N.Z. Refrigerating (10s paid), 7s 8d; 100 Staples Brewery. £1 8s; 100 Henry Jones (c.d.). £1 12s 9d; 100 Mount Lyell, £1 3s 9d; 300 Goldfields Dredging. 9d. Sales reported—loo Bank of New Zealand (c.d.). £2 10s 4d; 150 New Zealand Refrigerating (10s paid). 7s Sd; 500 Brian Boru (Is paid). 2s O.Jd; 600 Nokoinai, Is 9d. Auckland. Sales on ’Change—Bonds. 4 per cent, 1940. £lO4 5s (2); Bank of New Zealand. £2 10s 3d (2); South British Insurance, £3 18s 3d; Gear Meat. £1 7s: Nevis Diesel Electric, sid; Kuala Kampar, 15s 9d. Unlisted—Golconda Holding (Is paid). Is 2d (2). Wellington. Sales reported—Rank of New Zealand. £2 10s 3d (4); Gear Meat. £1 7s (3); Pukemiro Coal, £1 3s 3d; Mount Lyell, £1 3s lOd (2). Dunedin. Sales reported—N.Z. Drug. £3 14s 3d; Nokomai, Is 9d, Is lOd. Clutha River Gold Plan. United Press Assn. —By Electric Telegraph—Copyright. (Received May 3, 12.50 p.m.) LONDON, May 2. The prospectus has been issued of the Clutha River Gold Dredging Company. The capital will be £1,550,000 in two shilling shares, and the work will cover twenty miles of river and 495 acres of gold reserves. lONDON WOOL SALES. The Bank of Australasia has received the following cable from Messrs Balmc and Thomas. London: At the London colonial wool sales, merinos were par to 5 per cent cheaper, fine crossbreds 5 per cent cheaper, medium crossbreds 7-i per cent cheaper, coarse oross-breds 10 per cent cheaper, slipes 5 per cent cheaper, compared with last series' I closing rates. TALISMAN DUB BO GOLD MINES, LTD. Thirty-three tons of dry ore have been treated at the Golden Dawn battery for £39fi. actual realisation. DAISY PRODUCE. The New Zealand Farmers’ Co-opera-tive Association of Canterbury, Ltd., have received the following cable from their dairy produce principals. Messrs Lovell and Christmas:—Butter: 71s. The market is steadier. Cheese: White 42s 6d, coloured 425. The market is quiet. GOLDEN POINT COMPANY. The mine manager of the Golden I Point Gold and Scheelite Company, Ltd., advises that No. 4 crosscut has been advanced 133 feet from the home reef rise and that he intends driving a 1 further 25 feet before rising to the home i reef. The Diesel and air drills are . being overhauled and the remaining 25 1 feet will be completed by the uae of oil- (lrillu whir'll «hnillrl

work. The battery plant is -wing over- i hauled preparatory to putting best method of treatment. Representative samples of ore were also sent to Mineral Separation and do Bavsty's Processes. Australia. Ltd.. Melbourne, some weeks ago with the object of obtaining information as to the most efficient method of extraction. At the present time the mine manager is d ling considerable assay work in the dip reef. SALES REPORT. Messrs Hutchinson. White, Ltd., auctioneers, report having held successful clearing sale of furniture and effects, the principal prices realised being as follows:—Drawleaf table and four chairs £1 15s. Axminstor carpet £3 17s fid. Axminster rug £1 17s fid. Axmmster rug £l. Haake piano £lO. three-quarter wood bed and wire £1 10s. kapoc mattress £1 2s Gd. Courier electric radio £l3. double kapoc mattress £1 10s, double wood bed 17s, part dinner service ’os, oak stool 9s. electric iron Ss. stretcher 11s. congoleum square 17s. lawn mower 18s, garden hose 17s fid, wheelbarrow 13s fid. cushions 15s. tennis racquet 7s Gd. electric radiator Bs, portable gramophone £l, occasional table 15s. deck chair 5s fid. glassware £2 10s fid. two mirrors £1 15s. garden tools 5s fid. kitchen utensils £lO 15s, buffet £1 2s Gd. ornaments-, etc - . £4, glassware, etc-. 10s, etc. PROPERTY SALES. Messrs Ford and Hadfield, real Worcester n Street Christchurch, report having sold, on account of Mr Talbot, his five-room bungalow, situated in Oxford Terrace, to a client. 6 AUCTION SALES. Messrs Hutchinson. White. Ltd., auctioneers. report having held a successful clearing sale of furniture and effects, the principal prices realised being as follows: —Drawleaf table and four chairs £4 15s. Axminster carpet £f, 17s 6cl Axminster rug £1 -Os ««. Diana, £lO. three-quarter wood bed and wire £1 10s, kapoc mattress £1 2s Gd. Courier electric radio £ls. double kapoc mattress £1 I Os, double wood bed 17s portable gramophone £l. occasional (able 15s. glassware £2 10s fid. two mirrors Cl 15s. 6

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COA L— Kaitangata. .... Stockton (ord.) Stockton (pref.) . BREWERIES— 1 1 2 i 0 7 1 0 0 i 0 3 staples 1 7 0 7 31 2 1 o° 2 s l 1 11 Tooth a* <T r. *. J . ' f t 7 M1SCELBA NEOU S— Associated NewsAllied Motors 1 5 0 2 3 J, % 0 Amalg. Wireless Anthony Hordern puip !— n, . u . 1 16 0 Steel (pref.) . . Australian Distil1 2 0 Booth and Co. .. 1 11 0 1 it 0 Be-ith and Co. 1 17 1 17 7 Burns, Phi Ip I 16 7 s Colonial Sugar (ex div.) D.I.C. (10s paid) . Do in. Builders’ Supplies .... 0 14 S 11 0 i? 0 Dunlop Rubber . . Electrolytic Zinc (pref.) 3 0 1 JS 8 (Jordon and Botch Howard Smith . . 0 13 9 2 0 ,8 °o Hume Pipe (Aust.) Moturoa Oil 0 3 9 0 0 14 6 1 New Colosseum . 1 14 0 2 0 0 N.Z. Farmers’ Co1!)4 0) J ° V. . 76 10 0 77 10 0 op. (4J p.c., Stk., 1045) 76 15 0 77 10 0 N.Z. Newspapers 1 8 6 1 10 s New Zealand Paper Mills (cum div.) Rural Bonds .... ioij5 0 1 101 1°0 l Whit combe and Tombs 3 12 0 Wool worths (N.Z.) (ord ) 5 13 0 Rinser., 1938103 10 0 3 5 n.c. I user.. 193S0 3A n.c. Inscr., 19393 5 n.c. Inscr., 1030I8i 1? 0 ? 105 0 t) 4 p*®’ T n scr ! * 194 0 104 0 and Bonds. 10-10 4 p.c. In scr.. 1955 4 p.c. Bonds. 1040 104 10 104 12 104 15 s 104 17 4 p.c. Bonds, 1 955 104 12 6 Booth Macdonald. 56 0 0 N.Z. Refrigerating. inr 101 0 0 W.-Stockton Coal, 100 0 9 65 P.o.. 1938 .. Gisborne Sheep95 0 0 i*oYi ,ei c - p ’ 0 BANKS— Australasia .... Comm, of Aust. . Comm. of Aust. 12 10 iS 6 w 6 9 13 19 0, Comm, of Sydney National of A’asia 0 ' 0 (CIO paid, c.d.) National of A’a.sia (£5 paid, c.d.) .. 6 7 6 6 9 ° 5 Sew°Sou°h New *Zea hi lid ( c u m 3 3 0 0 33 5 div.) 2 10 3 4 Mori, shares, 1 . Union of Aust' . . i IS 6 8 III 6 New Zealand .... 3 0 0 Unlisted Stocks. this section are su Dject to a different

listed stocks, and are not quoted on the Official List. Buyers. Sellers. £ s. d. Claude Neon Lights 0 7 0 (10s pd. t c.d.) . Dominion Life .... Golconda Holdings o a “ (Is prud) Golden Coast t.old (Is paid) Mining Research (Is paid) N.Z. Dry Cell and 0 10 0 0 lli Battery N.Z. Perp. Forests N.Z. Woolpacks . . 0 10 0 paid) E. Reece, Ltd. 0 16 3 Smith, Wyllie , . . . Snowy River .... .Sun Newspapers 0 0 1 0 4 (10s paid) Vigilant Fire Alarm 0 Warner.*. Ltd Wool worths (Victoria) (pref., ex div.) ney) (ord.) ....