TO-DAY’S QUOTATIONS

Sun (Auckland), Volume II, Issue 556, 8 January 1929, Page 12

TO-DAY’S QUOTATIONS

Closing quotations at to-day’s raid day call were. Sellers. Buyers. Sellers. Buyers,

SOUTHERN EXCHANGES

YESTERDAY'S SALES Press Association Christchurch. Beath and Company, frights. «s 3d. 6s 5d (two), 6s 6d. SACKING FROM FLAX (From Our Own Correspondent) DUNEDIN, Monday. The establishment in Dunedin of phorfei.ium fibre spinning and weaving mills it or the manufacture of sacking is taking a note concrete shape. The finished material now shows that the difficulty of «■ inverting - the Dominion's native fibre Into a light-weight, soft, spinnable substance suitable for commercial use has t»een overcome.

It is understood that the processes have t»een patented and that plans for the laynut of the proposed mill are completed. The damp atmosphere of Dunedin should eminently suitable for spinning and graving. MINING NEWS OHINEMURI. The superintendent J> ports: Operations at the mine were resumed on the 4th inst. In the north section in No. 4 level the south drive is now 271 ft from the "Telluride" crosscut. Its course has been directed toward the winze from No. 3 level, but the hanging wall of the reef should be encountered iu another 25 to 30ft of driving. At a . <»rresponding point in No. 3 level sulphide ore is showing in the drive. In the No. 3 level the rise at 570 ft north is up 43ft and has reached oxidised ore. Sulphide ore of high grade has been earned with this rise for 40ft. Preparations are in hand for the commencement «*f sinking: No. 2 winze at a point 720 ft north, where the first connection with No. 4 level will be made. The No. 1 winze on “Silver Queen" reef was suspended at a depth of 16ft pending drainage by No. 4 level. The reef is at least M't wide in highly payable ore. A drive «*n the southerly extension of the "Silver i.'ucen” lode is being put in hand. In ■the south section the drive south from • P” crosscut is along 457 ft in ore of fair gi ade. At the mill excellent progress is filing made with the construction work l-*r the new plant.

£ s. d. £ s. d. HANKSA us of Commerce 1 14 0 1 13 0 10 — « *om. of Australia . 1 11 0 Ditto (pref.) •• National of X.Z. Now South Wales 50 50 7 6 New Zealand .. S 2 3 i n ion of Aust. — 15 ** INSURANCE— — 0 6 0 National .. 0 16 0 New Zealand .. .. 3 4 0 4 0 United 11 7 6 — loan and agency— Abraham and Wil4 .Dalgety and Co. .. — 15 2 * Farmers’ Co-op. .. 2 6 Ditto, B (pref.) .. — o -— Newton Kirin (pref.) 0 10 0 • N.Z. and River Plate 1 J ,o«n and Merc. — t»itto (pref.) .. .. — o X Aurk. Farmers (Old.) 0 10 0 — COAL— Hikurangi 0 6 0 — Ditto (prof.) •• Ditto, A (pref.) .. 0 — 10 o 3 h Renown Ditto (pref.) .. .. - TaUpirl ., Ditto (pref.) .. .. — 1 Cl AS — Auckland 1 4 3 1 3 10 Ditto (con.) .. •• — SHIPPING — Pevonport Steam 1 4 0 1 3 6 -Huddart-Parker Ditto (pref ) .. Northern Steam 14 0 Ditto (con.) . . 0 6 S P. and O. (def. stk » 3 1 « Union Steam (pref.) 1 1 0 TIMBER — Kauri, Timber 0 10 6 — Ueyland-O’Brien National 0 WOOL LEX— Kaiapoi 0 14 0 0 13 3 Ditto (con.) .. .. Ditto (pref.) .. -• 0 BREWERIES— «\ L. Innes (pref.) 6 X.Z. Breweries 2 18 6 2 17 3

MISCELLANEOUS— Auck. Amuse. Park 0 5 6 _ 3 Australian Glass 6 British Tobacco 2 6 0 Burns, Philp .. . 5 Checker Taxi .. . . 0 9 6 Dominion Pictures . Ditto (pref.) .. .. Donaghy’s Rope Electro. Zinc (pref. > 1 17 15 Farmers’ Trading . Ditto, A (pref.) . 0 17 Ditto B (pref.) 10 Fuller’s Pictures .. 1 Grey and Menzies . 10 I-Iayward’s Pictures 1 0 Hill and Plummer 1 6 Henry Jones Co-op. H.M. Arcade Theatre 1 17 9 1 1 0 Holden’s Motors 1 s 6 Kemp. Prosser 11 0 Lewis Eady (pref.) 0 19 6 Milne and Choyce 1 5 6 Ditto (pref.) . . 1 6 Ditto, B (pref.) 1 6 Ditto, deb. stock Morris Hedstrom (ex 1 6 1 5 9 div.) 1 4 0 N.Z. Farmers’ Fort. N.Z. Refrigerating 1 0 6 0 19 0 (con.) 0 l nion Oil 4 0 0 0 Whittome Stevenson.? 0 Wilsons Cement 2 1 9 2 0 6 MINING— Lucky Shot (con.) 0 0 5 0 0 2 Ohinemuri (ord. ) . 0 S 0 0 Waihi 0 14 6 0 14 Waihi Grand June. . ft 1 0 0 0 8 Mount Lyell .. DEBENTURES— Auckland Gas, 1932, 6 1 3 5 per cent — 93 0 0 Ditto, 1935, p.e. 104 0 0 102 10 0 Auck. Har. Board, 54 98 0 0 96 0 0 Ditto, 6 102 0 0 Auck. Hos. Board. 5& 101 10 0 Bor. Devonport, 6 . 104 0 0 101 0 0 Bor. Mt. Eden, 5* • • 101 0 0 Ditto, 6 102 10 0 Bor. Hamilton, 6 . . 102 0 N.Z. Breweries 1 6 0 1 5 Glaxo .. .. — 89 0 0 GOVERNMENT BONDS War Loan, 1930. 4* 100 0 0 Ditto, 1938, p.c. 99 30 0 99 0 Ditto, 1939, 41 p.c. 10 0 99 0 Ditto, 1933. 51 p.c. 100 10 0 Ditto, 1930, 5S p.c. — 101 0 INSCRIBED STOCK War Loan, 1938, 41 99 15 0 — Ditto, 1939, 41 p.c. — 0 Ditto, 1936, 51 p.c. — 101 0 0