MINING NEWS.

Auckland Star, Volume LXIX, Issue 224, 22 September 1938, Page 8

MINING NEWS.

8 THE AUCKLAND STAR, THURSDAY, SEPT Finance, Commerce, Markets ! S 9 UTHERN exchanges active competition, company affairs. 0N * CHANGE THE latot QUOTATIONS. " ™*™™ C »- , L <> WD0 " ™i. SALES. LTD. ■ VALUES ARE FIRMER. OUTLOOK FOR TRADE. DIVIDEND STEADY. SLOWS AGAIN ■««•— iu,.rt. sellers. " n„nk of A'asia _ ..10/15 0 MORE BUSINESS RECORDED. VIEWED WITH MISGIVING. LARGER PROFIT. ,..«,__ •■••ininiTclnl 15/7 .. in/ll HARBOUR BOARD LOANS CHEAPER ?&! ff!.:: !! (By Telegraph.-Speclal to "Star.", ««W U* „j Cross receipt* and net profit ol " >>£ g °s^uth VaI Wa'lM ~ " 1070 CHRISTCHURCH, this day. LONDON", September 21. Tooheye, Limited, for the year ended Following a busier e*y yesterday the 1 e>fl , 28 £ 1 . 5/0 •• ~ 0ver twic e »" much business was put i f* t)l(> London woo] sales to-dav 979.3 | July 31 were the highest since 1929 al Mock Exchange opened quietly thk morn- I> Mort (ii'paiai x%% V. - V% through on Exchange this morning as at ffinYwool'and aSrfelJ 8 £780887 a " d £151 ' 9ra respectively, ing ami only a few Hales were finaliacd at INSURANCE— both caIte yesterday. Values in the main There was a moderate selection'and om- JVir »™' iaa * ??*£&?£ Wa - 6 the hrst call and these reflects «W N - atlonal M/Q .... were firm, some industrials confirming low »***"«» »« again active. The but .old t £ A™*?\3l generally weak tone of the market. sT^a^li::"" 2/]%% .. 2/15$ prices recently ruling, but others, notably rate8 ' « reas >' erossbreds favouring a r jTist ended " * ? firA'' l tlm'*, r,",i ,,(,, ' trt '" 1ar ' 1 y T'' a °^' ir ? tha slamlanr'.'!^..I::".'.; 2 - /0 ■* 2 /i6/0 meUlB ' makin,t 8ubstantial gains - Xew Zealand greasy crossbred Mvidend has been maintained at 9 per «ni-'w an. Innn ■'. ,T.,"/',? V u , rx"' ,r " riN.Nr.i. " There was ver - v little interest in thd .'."NZYVAIA.'' sold from 9d to lid per lb; cent - a'" 1 requires £131,905, so that after /■•■il'.r. J • i '•; R "' k " f N " w FINANCIAL— ear!y sect i one . Bank of New Zealands "Ahum, 9Vid to 9%d; slipe halfbred transferring £10.000 to receive and £5O0C ,',,,■> I '"' ,i " tp .' ,, , l >- w 'th l»u.v»ix D„ m . invesf.. Bank. (down Id) and GoldsbroughMorts (down lambs. "Canterbury." to 13d- to officers' provident fund, £27.002 is car-ln-,7-,,,' ,.'J .'mui . 1e Nc ' w z, ' a1 "" 1 A-wn «/6 .. — 3d) recorded the only sales before the 7!, ,,m ' Star*." WVfed to 13d: "Oakleiich " I lied forward against £21,934 brought into ' ' W'Mbd lower at. 54.' and a Ian... Au.t. >£T, paid) — .. 4/8/0 .miscellaneous division was reached. ] -*'' to 13V*d; "Eclipse." 0%d to 12«-d the account*. "" -n-nr. .„ tor South Hntjah at 43/. *.«■«;.. Am;. if pad) - .. 1/14,0 Australian Glass, at a drop of 2/ to 90/3. <'«V»»»*"«nK on the wool sales. Hansons, Paid capital, is increased to £1,540.000 , „' urn " t wi-nknivs in local ho Iv debe-i- Fanu! A ,„.,'. , A ,,„./ 1/0/6 " j, ','.. „ brought quotations into line with recent '-•'"'ted, direct attention to the relative and reserve fund to £805.000. line* was stiikiiujly exemplified in the I'ann. Au.-t. (B pref) _ „ i,o/0 lower rates, but almost all other indus- f '/<*'lo'». of wool from the consequences Toohnv« Stiiul.nl «Wi.r.i,.« Ti-nited •■.»o..l Dm Auckland H.rhoui Board 4Vi « N>w.„„ King (pref.) - " i, V o trials improved. «•/ the international situation, but Lm-.ha- | t J °° f & of v* ch are "dvanced to l» i M»i. winch changed hands atA'PH) l.V. I ; »«" ami Mercantile — .. 33/O/0 The New Zealand miscellaneous group f ,,se that the general trade situation must Tool,™? f imit*,l 2,«™« «LV«rn«t r« cmnparcd with cum in .l.ilv. just bcfoiJ v Ak - 'ann. (H pref> — ... \n,n remained dull. Sellers of Dominion Fer- ljo viewed with misgiving. v? £f> ™ ' T i i £ i ■ the half-vear-s divided was' pah. Allow- ?2 ' » ffi ~ " i %X t' 1 '"'"" wprp ""supported at 24/ and T »«■>■ add that export* have been «eri- . i4 'f°° for the J t!f < , e,,de i ?Lji f« iim for interest adjustments this shows a lr *"- , '"' alKe (1>r<0 ~ " 1/0/0 l Farmers' Fertilizers had a wide market «"i.ly dwturbed and orders lost owing to » *?. JS!"! " the pr ° ht d,6c!o,,ed for drop of apptdxiinatelv £3 17 0. In Go;-- COAL— between 16/ and 20/-- war fears, while considerable quantities lJIC ' pl t - vlou& J ear - einnient stocks there was a better demand Grey Valley — ll/o' fining issues were more active, Gilles- °',S.'" t- °ntracts remain to be worked off. Dividends of ote per cent on the preferat the low rates recently ruling, but there Ptikemlro ..'.'.'.'.".".'. 16/« "* 18/31 !>«'•* Beach and Maori Gullvs having fair . Wa , r 1Isk insurance rates provided addi- ence and A preference shares absorb the were no offers for 53-57 3'4's which were Itenown (ord.) — '.'. 8/3 turnover. tional encumbrance to traders. No definite "hole of the profit. avail ibl,. at £04 Itenown (pref.) 2/3 .. 2/91 Australian metal shares gained ground, trend is apparent, but day to day flue- Capital is £762,500, of which £12,500 is Australian industrials looked a little -Vlntlm V„~V; 13?{2 " W3 Buyers finished at 29'10 for Broken Hi'l tuations must be expected. ordinary, held by Tooheys, Limited, easier. ' ' Westport — " l>/3 Sout h«. for Lyells and 46/ for North £300,000 preference, and £450,000 A preImprovcment at Noon. Westport,"" Stockton " Broken Hills. „-..... Terence The amount advanced to Tooheys, Mi.ldiu-/ i...t.,■„,,,! -,i »i.„ ,.,.,.. ,11 \,- (f, ro-) VO .. 4/9 PRIVATE CABLES. Limited, as at July 31 was £791,230, tr I i, V 1r V Westport Stockton pf «/G .. 7 0 against £790,563 a year before. ',""' "'dnstna.s showing a shght „" v SALES REPORTED. t,, , „ . ~ , , ndxanre. while banks and Government OAa — 'he following cable dated London, stocks were q„ote.l tinner Auckland (paid) 19/6 .. 1/0/0 September 20 was received by the Bank of DUNLOP PERDRIAU A sharp rise in hlectrnlytic Zincs was Auckland (cont.) .... — .. 14/9 (By TelegraDh—Press Association Australasia from Messrs. Balme and UUIMLUf KtMUKlAU. the mam feature, the preference shares Napier — .. 4/7/6 t»y leiegrapn. Press Association.) Thomas tcwlay:—"London colonial wool moving up 2/ to a sale at £2 5', with Wellington — .. 1/14/6 CHRlSTCHtmrn sales all New Zealand erossbreds unchanged „ tT .v,,,.™.,™,, t^t-t^-o, cl.wing quotations firm on that figure. SHIPPING— CHRISrCHURCH. compared with closing rates of last series: BALANCE-SHEET FIGLRLS. Broken Hill Proprietary were active, the , Wednesday.—Broken Hill Proprietary, competition keen for home trade and . ■ i-HlytM b, V - n I! -4/0 liva. 1 -' 0, ,C,,,,> 17/ ° ; T ' ° n ' { ' O^ U0 T\: . . ' Full accounts of the Dunlop Perdriau mo, mug quotations, though a shade below Northern Steam (con) — .. l/o This Day.—Bank ..f New Zealand. £ _• Ih <* following is a copy of a cable Rubber Company, Limited, for the year \estrn ay s rate Inii.11 Steam (pref.) . — .. 1/6/3 2/; Goldsbrough Mort. £10/8: Australian received by the New Zealand Loan and ended June 30* confirm the profit of In the mining Barrier shares showed a TIMBEa _ < i. lass ;- £ ,. 4 ,V,' /3 : J,* r ". l "T . Hill vProprietary. Mercantile Agency Company from London £414,597 announced in a preliminary state.'.arthoiomew _ .. 18A> «2 4/» % I'o. £ 8*17% "ffi: "ene" otned 1938: -," Fifth "»«* V- , the f T h.s figure is r no K «"rl Timber ....*! 1/2/0 ! 1/3/0 ""kl Oilfields. 12/4: Gillespie's Beach. °P«J?d to-day. Keen general com- £483o higher than that of the previous til -j xt r, , , . . . inland. O'Brien .... 1_ .. {g /0 HJd; Maori Gully. 6d (2): Broken Hill Petition. Continent and Yorkshire chief year, and exceeds that of £411,630 shown Hank of New Zealand* had better National 8/O .. — South. £1 9/11 (2); Mount Lyell. £1 buyers. Merino greasy in buyers' favour, in 1929, the year following the amalgamahuyeiw at £2 2/2. with sellers 6d higher. Uotoitl 3/4 .. 4/3 7/ - < 2 > • North Broken Hin (cum div.). Merino scourerT par to Vid iower. cross- tion of the Dunlop and Perdriau comand offers for Nationals were raised to £2 Tiiupo, Jotara (ordA 4/9 .. — 6/ (2). ■ bred greasy in sellers' favour; otherwise panics. The 10 per cent preference divi12/ w.thout attracting a selling quotation. Taupo. Totara (pref.) — .. 18/0 WELLINGTON. dcn.l takes £93.000, and ordinary dividend, Hnlldav ait Manrfav iariu>,amutu — .. 13/0 Wednesday.—Stock, 15/2/43-40. 4 per unchanged at 7 per cent, requires £263.595. *.. """ , ™ y .," ""•"■■y- WOOLLEN— Jceiit. £100; Amalgamated Brick (Auck- It is proposed to transfer £60,000 to genIhe Exchange will observe next Mon- Kalanoi maim — »n/o ,,a " ,1>> t/*/ 44 . ° l ,er cent - £»7; Commer- FIRM IN SYDNEY erul reserve day, Dominion Day. as a holiday. Ku DoMcont I — *' "J/g ctal Bank of AnstrnlU (prrt.). £0 6/«: stuwhy. erai jesene. K u np rJ ffi'.'"" ~~ •• ,S<X' Kn « r i Timber, £1 2/6; Carlton Brewery. The company s profit on trading, mter(P»U — .. 16/0 £3 2/5. SYDNEY September 01 est > dividends on investments, including ..*.. -- 6 mm*WKnt*»— This Day.—Morning call: 34 per cent , , / ', P „ „ ," ,' tilose received from or since declared by SAXJ5B OOMFUBTKD. v r , n „„. .■_.'. ,,«,«, Stock. 1039-43. £98 7/6 <2>. Sal-s At the wool sales to-day, 11.264 bales couinanies and miscellaneous l7i/6 '.'. i£ 6/ ° = recent Stock 1939-43 COS were.offered, and 10,514 were sold, inc.-ud- receipts, a,nounfedto' £1 ShSK ., M . « 4 . .. .... „,.....,.„ *■ *° om - Breweries (ord)" 1/9/6 . - Timber Tl Oil l- - privately. in the |)revioU8 ear) antl expenses and AT THB 9.1. PJi. CALL VMTIUMV- , |„m. Breweries (pref) .. _ K "t?oo„ T ran'-B, nk X o* s^h 1 il/Vi r™ jZ .n!i Y«rl .hi'' a11 other cha,geB took £«37.195 UN M* &SKSS5" (con > t/ "/0 •• ft/A 2/2: Broken Hill Proprietary. £2 15,9; , " n 'l r " L " d 7' Wlth . s "' s "ff Following is a comparison of the eon- < - m t m a N,Z - B^ewerl «• «/»/• .. 2/0/0 Electrolytic Zinc, pref.. £2 4/10. T n , PM f '' around late firm so lidated assets and liabilities of the DunKauri Timber . 1 2 « .. 12 7 ■••CSLLANIOU.— DCNEDIN wiifer demand foHhe hXr fn T VJi ' lop Perdriau Rubber Co. and its subsidiAUst. Olas 4 11 O .. 4 12 9 Alloy Steel (Aust.) .. 7/1 .. 8/0 DLNEDIN. wider demand for the better classes of the aries at June 30:Dom. Brewerlea 1 10 O ., 1 10 9 Aust. Glaaa 4/9/0 .. 4/11/3 Wednesday.—Bank of New Zealand, £2 ru °J ,c - 1<)3(5 ,„-.. .„„„ Burns. Phllp ... 2 10 9 .. — Aust. lron L Steel (prf) — 1/7/6 2/ (2); New Zealand Breweries. £ 2. Greasy Merino sold up to 18d per lb. ,,,.„,. 1 7°- 10 , 37 - ,9 , 3S - Ddnlop Perdriau 10 6.. 109 Berlel (N.Z.i ........ 8/1/B .. 3/12/6 ThU Day.—North Broken Hill, £20/. Fiie.l »40-?«-n •> «5r 7 ., n •> .,07 n o„ MeKenales 3 00.. 350 British Tobacco .... 2/6/0 .. — Wrinr o's"""}« 2 «P..i«.» af.qo „™ Woolworth (8yi] 10 8.. 102 Broken Hill Pty .... VlaVe .. 2/16/0 OVERSEAS MARKETS In™ meL'ts' " "o"] J, ' J " ! 40 ' «'• I! V™£^" : Vfi- til S"»Sr "- 0 " S H AUSTRALIAN EXCHANGES. 0VERSE „_,»-.. ol| ,j; a.' H ,?"/<»SrtW 2 * ° " 3 * ' Claude Neon (N.Z.) .. — .. 1/6/0 METAL PRICPfi c.eico pen«e — 43,620 50,510 Stock. 1.V9/32-56 Colonial Sugar 46/5/0 ..46/10/0, METAL PRICES EASIER. LIABILITIES— 4 i.e. ....... 100 0 0 .. 100 0 O Consol. Brick 6/9 .. 7/9 r™it« f 1^111 --- . ft „_ _„ . ro . r .. March, Dom. Fertlllier _ .. 1/6/0 TO-DAY IN SYDNEY. (Received 11 a.m.) sffi an j ' ' ' ' ''"^ 80-43,JU p.c. . 98 7 6 .. 96 7 6 Dunlop. Perdrtan .... — 1/0/9 Ti-»xrTvw a . u o, reserves. K19 2«n K72 o«o o, n ,„ n Stock, Nov., 38- Elect Zinc 1/19/6 2/0/3 — LONDON, September 21. . reserves .. oi9,J»o 572,260 630,390 B2 > 3 * P- c 10 ° ° • -. 100 0 0 Elect: Zinc (pref.) ".'.. 2/4/8 !". — , (Received 1 p.m.) Following are to-day's quotations on the oTtslde my TMB 16 AH CALL TA.nl* £ mrm ' Tra i" II ""£ •• 19/C thif. dav London metal market, compared with shareh'ld'rs 198,310 222,480 222,490 «T THB 19 A.M. CALL TO-DAY— Farm Trad. (B pref) l/l/O .. — SlDJXli-Y, this day. thoge of September 20 .__ Current 1 i aN.Z. Insurance . 2 14 6 M 2 11 O M* ar M , e SL " Thi » morning's sales include.— „ , oft _ . 91 bilities and Dom. Breweries g- J - Colon */*•/» •• 3 / 14 / 6 £ s d iSPJ:',„„ £?;««' provisions. 431,740 422,470 460,130 (new Imiip Orejr and Menslea .. 12/0 .. — a. ». u. Per ton. Per ton. fnllr naldl 1 • O — LC.I. (pref.) 1/1/6 .. 1/1/9 Bank of New South Wales 30 2 « £ s. d. t s. d. ..ion 00 1/. ':; :::::::::::: I v i I <£g£i*«x.-v. iS'?, J 1 8 • « s AT «16 P.». CALL TO-DAY— 1 * *■** " - " 17/6 49 • ° 49 0 0 PROPOSED CAPITAL RETURN. Broken Hill Pty. 2 15 6 ., 2 15 10 Z l/O/O Copper, elee. wire Bh»H«i hin Pty, a 1.T 8 ..' fAS>V:■- 8S& S " */?/?» - YESTERDAY'S BUSINESS. bars 49 o 0 49 o o (M«. J »,» I,; l 8 ,, Bro '' »' '' 7 ? L""«- "off. ;P«t .. 1« 0 71 15 18 1 S The directors of George Farmer, ML if ;#„»....<•,. - -, MackffLMni'':.:;.': a/ - /6 ;; * . », Sr^i < L SO,^ 0rWard ia I Hi U V I J Limited, have decided to callIhareholdem '" •'-llii./" '.: J. ; : ' ».,* • Choyc; .'•:•- .**■ V4/ SYDNEY, September 21. M t er. reward*'". ll 11 "* " 11 lOJ together to consider the return of the ' • 4tOMBOMJMMVTAT40MS- i - „ ** *"" - Pending an improvement in the Kuro- Tin. stau., spot .. lit.". 17 h iur> 7 c/ £00,000 of 8 per cent preference capital, ,*:«*«.■, ;'..~T:T1F~^!'S — :-tbf -iff a "SSS.' ; CBOjrc * aiaKSSr* ' . Sbean situation, investors are purHling a Tin. star.., 3 uios. . l<Hi 12 6 19«i 2 0 With preference dividend up to the date av — W& « tti^ e t on , the ( w^- siiveT-"»•*?.■• ffl 11 *- , « i, t ;• /•o • «« v Morts Dock 11/f X 12/0 Eschahge. The trend of to-days prices »'"". Man, oz. . juju _<>3d At the annual meeting last week t,:e i»ecelv«« 11 a.m.) Motnroa OH .' — ..' 5/2 was downward, with the exception of chairman (Mr. Arthur Phillips) said that RUGBY. September 21 Motnroa Oil (pref.) .. — .. 5/2 Broken Hill stocks, which were firm. pnlrr nr cl , w CO nearly all the preference capital was Brlri.T, ««. 1«-1 «T JLTJZZ i. L1V-J Farmers' Fertlllaer .. — .. 17/3 Sales included:— PRICE OFSILVER. H id and the company wa8 p . ing 8 -r* *}2S&Za 2 fe » N ,t ws, SK r " - £ •■ d - , > P er cent on it while it was earning Teas at £100 10/, compared with £109 15/ yea- N. Roller Mills (prf) 1/0/6 .*■ — _. . . „ . t «. ■ „„ « o (British OtBcial Wireless.) 1l,. l.u tl _ ; „ «_,„.«,* <.rn ..; .i.r .uterdnv and £99 17/8 on Mondav Palmer Coll las and Bank of New South Wales . . 30 2 6 than halt this amount. Obviously thie r ,Jk! 1/k «ll«» l/B. WWuker — 1/18/0 Commercial Banking Sydney 20 3 0 (Received 11 a.m.) position cannot continue," he continued. Molvniu,PnSPtnST "» - • •• - * V3/9 OoMsbrougl. Mort 166 RUGBY September 21 "The directors have fully co,*idered the Molyneux, 7ttd, Wttd. Radio (1936) — .. 17/0 Tooth's 212 6 «uvroi. Beptemoer Jl. h ave inquired into what „.. , ■ Reid (N.Z.) Robber . — .. 1/4/9! Australian Glass 4 11 0 Sliver ia quoted at 19%d per ounce spot direction the capiUl can be used. As an .y „• m,- : , IPj or i 8/ * '• , 4/ i Br Tobacco 2 6 10 and 19%d for forward delivery. example, they have inquired into the ex- • interest rates. f?o?&r£.:::::: = :: \i% *^*mi*xim\:: m . *\\ I — I^d tr \ de -^ An av r u t,- ho r ver A a r ■ n. ».«>w. ■•n.-.w. B. O. Xaln (pref.) .. — I. l/O/O Colonial Sugar 46 13 6 | attendant with considerable risk, and the ■ Taranakl OO 12/8 .. 12/6 Electrolytic Zinc (pref.) 2 5 0 BRITISH pyPHPQIIFR directors do not feel that they are entitled _. „ . , .. „ Union OH 1/1>6 .. — O. J. Colea (N.Z. delivery) .. 3 17 0 Bn,,, * n 6AV»nt«UCn. to thig money Wa ich shareholdei* The return to the inreator on ma onfuy, Walrakel — .. 8/6 Henry Jones 2 8 O have put up as a fixed investment for any baeed upon the latent dividend*, worka Whlttome, Steyeneon - .. 1/1/0 Woolworths (Sydney) 10 4i LATEST WEEKLY RETURNS hazardous undertaking." out as followa on the latent aalen. When w , ,taoD " Ceni « n t •■•• w /° •• — Emperor 012 9 L " ,M1 wttKLT RETURNS. * Government stocks are included, the cal- £^{ W *!*S fx&l "" " SXtZ If lo T« A,? Z k , ~ ..•.lotiAn nvAtetJ.. u -,-_i-.-,. ,11;,, _* ♦>,„ Woolworth (8yd.) ... 1/0/3 . .. 1/0/4 Mount Morgan on o British Official Wireless. fr* redemption» nt the Woolworth (8yd.) 2nd (N.Z. delivery) 0 10 ll »t T ««v o . ™ CLAYTON, ARNOLD AND CO. earlier, date of maturity. When paynjent i»ref — ;.. 1/8/9 Rl GB^, September 20 w made in sterling, exchange la added. In Waldas Sboee — < *, : 7/6 The Sfelbourne market opened firmer. The latest weekly Exchequer returns the case of local body issue* allowance n oVtWSEAA STOCK u,lt wa « inclined to ease at the close, show that the total" of ordinary revenue The annual accounts of Clayton, Arnold also made for 26 per cent interest reduc- Woolwortn Holdings Business included:— amounts to £287,702,553. compared with «nd Company for the year ended August pvr rtvr ran awwrtw (South Africa) .... 14/10 M 16/1 - £ a. d. £292,874.049 at the corresponding date in 31, show a net profit of £1182. The •r-a.il i an Annua. iMlSm Commercial Bank Australia 0 15 10 1937. Up to date national defence coutri- amount available for distribution is £864 X«w Z»Al»nd ln.nr.nc a A 5 " ,,,,,w — AustraUan Glase 4 10 9 but ions have yielded £6,030,000. The directors recommend payment of divikXi Timber . IS C Alexander (cont.) ... — .. 10/0 £"»*"» HH1 Proprietary .... 2 15 6 The total expenditure, less eelf-balancing dends at the rate of 8 per cent on ordinary DomVnlol, BMwertii-:::: .' lilt iH 0 Ri - V» .. l/ll 8jaSlffi*S,e 2 0 O '» £438 ' 080 ' 721 ' compared with shares and 6 per cent on preferences? a Australian Glass 8 16 0 SlaVKEtaV ~ *" Electrolytic zinc 2 o o £382,167,144 a year ago. transfer of £50 to general reserve and Broken Hill Proprietary ... 4 9 10 ciuSEl . "T/6 " 2/6 O.J. Coles' ".'.'."..*.'.'! '.'.'.'.'. 3 17 3 . The net increase in the floatin;? debt applying the balance of £ 193 in the reducS f. C « r°iJi!ii« ' V - Stain Consol. Goidneidi "".'.* — .'." 11/0 Imperial Chemicals (10/ pd.) 0 11 5 since the beginning of the financial year tion of preliminary expenses. During the n IV* Jnl£»U«' 1' " n 18 A Ollleaple's Bench ... — ,. 1/1 T>oloma 1 3 4 '" £/7,930,000. and the total out- year the balance of the share capital was {XTfi ronnu >.»....... n an w Oolden Crown — M 3/0 Mount Lyell 1 7 0 standing is £919,085,000, compared with subscribed, and it now stands at £20 283 WoolArtlTs VsVdnev) '.'.'.. 8 14 0 Golden Dawn ...... — „ 2/0 Mount Morgan .. .• 0 It 0 £901.380,000 at the correspond date **«,«*>- *•"'•„ »" •• «/« ■ COMPANIES REGISTERED. GOLD AND STERLING. SSI JSSU 4 '-* M H i? EXCHANGE RATES. MONEY MARKET. . Broken Hill Sooth .. 1/9/6 .. l/lO/O The following private companies have &.::::::::::: 3U :: « new Zealand quotat.ons. 8H0RT b.lls. i«« «^ £ a.^SS^"' (Baeelved 9.80 a.m.) Mt. Kaal 4/0 « 5/o ,«»« , . W. H. V. Tame, Limited, clothing manuLONDON, Septembnr «. JJJ- h™ l M£ •• . 1/7/8 „ „ (Received 10.30 a.m.) facturers and dealers.-Capital, £5000 in _ .. , . . . ., .. " - »t. Morgan ..... 10/9 .. 11/0 Following are the latest rates for pnr- LONDON Sentember 21 shares of £1 each. Subscribers- W H V Gold is quoted at £7 4/ per fine ounce. Mt. Morgan (pref.) .. 1/0/3 .. 1/1/3 chases and sales of foreign exchange quoted „. x , f~T, BepxwnDer "• Taine, 4909 shares- J Hocben 1 '..hire The exchange rata OB) New York la North Broken Hill .. 2/5/9 .. 2/6/6 by the Bank of New South Wales. Auckland. Discount and short loan rates on the **""='«*« snares, j. llogoen, 1 share. 4 82% dollar* to the pound sterling, nnd Rawang 8/0 M 8/3 They are subject to alteration without London market, compared with those for Jvohi Investments, Limited, property oil Paria 178% francs. OOVKHNsMirr ■ontnn— notice:— last week are as follows:— managers—Capital, £2400 in shares of £1 .. TTZT!^,I To fl NX On Demand. Sept. 14. Sept. 21. «"*• Subscribers: W. Johnston, P. Tin, Mlawina- b a summary of the 15/7/39-41, 3 p.c 96/0/0 .. — Currency. T.T. Buying. Selling p.c. p.c. Adams, A. Johnston, 800 shares each. 8, pc 94A0/0 &8.A dollar 3.8T30 3.9121 w* ; loan, , |i & _ a p.c. ...-109/10/0 .. - 2» JF SS ISS |. T.&V. ! I 1316 AT THE MARTS SiB ! ::r:::::::: 7 T t4 "^S!? on 6 : = , York call money ia unchanged at WELLINGTON PRICES. September 1» ....< 7 J 8 8 p.e. 98/0/0 .. — Greece, drach. . 430.74 — 430.89 Per cent. September 16 I 2 21 15/1/58-57, 34 p.c. .. — .. 94/0/D Holland, florin . 7.120 7.310 7.122 2 P|, iS2fcSI i« ? J ? Wffi&*& i Bc .SJ/.^ 0 " l«>/2/6 Italy. lire .... 73.462 — 73.487 ««ii ...n muinnin 1 .r>-r Prices of fruit, vegetables and other SlSlSShSaS 7 4 4 58&2812'1 *' 1 ■* IS/iS i aTB - * or J B — 7101 7 - 2 * 1 7103 CALL AND DIVIDEND L ST. produce in the Wellington markets this September TO 7 a • 18/8/52-55, 4 p.c 100/2/8 .. 100/5/0 Norway, kr. ... 1SS02 16.242 15.895 week are auoted as foliViwa — September 21 ...* 7 4 0 15/9/41-43. 3, p.c. .. 98/10/0 .. — Noumea, franc . 140.54 — 140.H8 are quoted as follows.— Mar„ «9r*3 t 8* p.c. .. 98/5/0 .. — Papeete, franc . 140.09 — 140.73 DIVIDENDS Apples: Granny Smith, 7/ to 8/6 a Nov., 38-52, 3J p.c. .. 99/17/6 ..100/0/0 Sweden, kr. ... 15.489 15.844 15.492 r> ue bushel; Delicious, 4/ to 8/; cookers 2/6 IIAIfieEIAIAI OTnntf ifh' SI P,C- " J£{?/2 •• ~ gwltserland, fr. 17.008 17.383 17.010 Argo Dredging—Id a share Now ' to 5/; Stuwners, 4/ to 7/. UrlUrrlUlAL STDUlV Ma '» 3 °-° 2 ' 3 * P- c - •• »/12/6 .. — NZ. pence to— Howard Smith—Int. 2 p.c Now Peara: Winter Coles, 5/ to 8/ a threefiaaWSII ummm Cheroo, dol. ... Nemln.V II..ward Smith—Int. 2 p.c Rppt.22 ouartrr case- V\ 'iiit.-r N.'«.lit r./ .. -.. |. tmmmmnmmm— Hongkong, dol. 18 53-64 18 27-64 18 53 04 K.D.V. Boxes—2J p.c. ... Sent 23 TW« 7/ ?' o/i I ■ ' x' .1 V,} ?' *uck. Har. Board, India A Ceylon. Pukcmiro—Final 4J p.e ••' Sept 28 YfJF'jL to 9/ ? ; P as « lon fruit, 5/6 to ■wysee. SOIiara, n/I/60 — ..105/0/0 ruDe8 2213-32 22 3-32 22 13-32 N. Broken Hill—Qrly. 6d a share Sent 28 \V 6 a nalf caae > lemons, 4/ to 8/ a bushel; Assoc. Motorists (nf) 1/2/6 .. — CttJ of Auckland, Japan, yen 17 9-16 — 17 9-10 Palmer Collins—Pinal 5 p.c. plus Zealand grapefruit, 4/ to 9/ a bushel; Auckland Trot. Club. 1/1/89 — ..100/0/0 Manila, peso .. 30 31-32 30» 3031-32 bonus 5 p.c. ; pf. final 2 4-5 p.c. peas, 7d to 9'4d a pound; potatoes, 1/1/39-44 100/o/rt .. — Waltemata Elec. P.B., Shanghai, dol . Nominal. pins bonus 21 p.c Sept. 28 Nelson, 2d to 2%d a pound: others 4/ An.l. Trov. Assce. . 8/6 II — 1/11/60, 34 p.e. ... — .. 95/0/0 Singapore, dol. . 85 3-64 34,5-16 35 3-04 Bank A'asia—Int. 3/6 a share .. Sept. 30 to 5/6 a cwt- kumaras 2/To V a !J, British and Dominion ' rranklln Bfec. P.B.. punlop— Final 31 p.c. pf. 5 Pj c. . hpLIO W. . . 1 i?" Investments — .. 8/3 1/6/69, 8 7-8 p.c. .. — ,.100/0/0 ,„—.«.. . Pelt and Textiles—Final 5 p.c.. Sept. 30 *' i°- ' i,L 1° J. 3 / * cental bag; British Neon 8/0 I* 6/0 Franklin Rlec P.B., FOREIGN QUOTATIONS. Cox Bros.—Final, 15 p.c p.a* A pumpkins, red, 10/ to 22/ a sack; triiimble, Jtrminer Col. (ord.) . — .. 5/0 2/8/63, 41 p.e — ..lOR/10/0 * and B pf. 7 p.c. p.a Sept. 30 20/ to 35/6; lettuce, 3/ to 12/a case; leeks, Dom. fdfe (cont.) ... — .. 4/6 Dunedln, 1/4/49-52 . — ..1O3/10/0 British OtBcial Wireless. British Tobacco—Qrly.. 2 p.e. .. Sept. 30 8/ to 15/6 a. case; cabbage, spring, 1/6 to I Klectric Products ... — .. 1«/*J Mannrewa, 1/9/61 ... — .. 103/0/0 11 am \ jy" 1 ** 0 Stevenson—7 p.c Oct. 3 5/6 a cAse; Savov, 5/ to 10/ a sack- cauliI'lll Kauri 8/0 .. i©yn Auck. Trans. Board, (Received 11 a.m.) Howard Smith—Pf. qrly.. 6 p.c. flowers 3/ to 8/6 a s-iek- r// !' Industrial Chemicals — .. 10/6 109/0/0 ■ v. tObVO/D RUGBT, September 21. P-*. Oct. 6 Vw * 1 "ij »7 f'".?' S/ l°"A M^ 9 ' •* — •• •f/O/O Hamilton, 1/7/55 ... - ..103/10/0 The foUowIng rates on foreign exfhanges Milne and Choyce—Final ord. and f:, /3 a . ea f e '. / sw , cd^ s ; 2/6 to 5 / a capp : M M m2K X 0 !* f*** 0 "' ~ '•• S? B •£■•■*.MMF •"' - " 10 » ■«• c «"* nt . «m»P»red with thf last cabled *«». 21 p.c, pf. 3 p.c, B pf. 31 silver beet, 4/ to 8/ a case; carrots, 2/ Mamaku Forests .... — .. 10/9 Mt. Eden. 1/8/67 .... — .. 105/0/0 quotations and par?— „P-c. , Oct. 10 to 5/ a case; parsnips, 4/ to 10/ a case: Mt. Rden Land 9/0 .. — New Lynn, 1/9/88 .. — .. 109/0/0 Sen 20 Ser. 91 t>„, S 00^ 0 "*" (Syd)—int. 6 p.c .. Oct. 15 beetroot, 2/ to 6/ a case; marrows, 3/ to! Mmlern Shoes 3/6 .. — Whangarel, 1/9/57 .. —. ..lOB/10/0 - ?• ■ Par - Woolworths (N.Z.)—Int. pf. 4» 15/6 a case- celeiv 10/ to 17/ a /=«!" National Tobacco .... — ..2/8/0 Amal. Brick. 1/3/44, ' WW Montreal, dol. . 4.84| 4.84| 4.806 P-c Oct ' IS Twi, «/ ifw'. 7 . 1, 1 tW ' g.Z. Perp. Foreets .. 1/14/0 .. -' 6 p.c. (AucVj .....* fS/0/0 .. 99/070 »«w York, dol. 4.825-16 4.866 C. L. Innes—8 p.c. p.a. ... Oct. 15 rh " barb > J■/ to , 12/ * doz « n bunches. %.Z.Perp. Forests (4/ Amal. Brick, 81/3/44. ' u/v/w w "* v Paris, frane .. 178 5-16 i78» 17900 United Provisions— 3 p.c. p.a., pf.. ,,? ggs: A 8r ade « 1/4 - a d ° z en; B grade, „P,alJl ••••'. 10/6 .. 14/6 „« PC fW'gton) ... 88/10/O .. — Bftssela, belga 28.591 28.591 35.00 final 4 p.c Oct. 28 V 3 - N.Z. Woplnack ...... — .. 3/6 Booth. Macdonald. Geneva, franc . 12.28f 12.28J 25.22 Mdrtaa—Int. 9d per share ; Nov. 1 ■» ■ ■ vTi" 0 " J ohlkeco tvnt) — .. l/i/o •1/6/47 6» p.c. .... 68/0/0 ' — Amsterdam, gr. 8.92 3-16 8.923-16 12.10 Nkau Bacon ........ — .. 1/10/0 Ols fcbsepfarmors. ' * Milan. Ure .... 9111-16 91| *9200 CALL8. , MIMIMP UCUIO lk ?« B "con (pref.) . — .. 1/10/0 31/8/41, «fp c. .. IOO/O/O .. — Berlin, r.m. ... 12.06 1Z06 2043 Farmers' Trading—New, 2/ a MININla NEWS. ijclflc Porests — .. 10/0 Abraham A WillUma, //W " 8tockhohnT kr. 19.40 19.40 18 159 „ "hare ........ Sept. 28 I ~ ~ fl/8 <Perp. stock) _ .. 102/O/O Copenhagen, kw. 22.40 18.159 Burns, Phllp—New, 5/ a share .. Oct. 1 - - ■ $»£'&'V. 261° ff Srg Frops.~10/a share Oct. 81 RETURNS OF COMPANIES. He 0 lfrida•. U (Nz' OT •• " " Sfi nAIIIII . BBS lj .I'M 140 lH.f 0 ~ ■ —;. s»".!^: ) ..:::: r :: 1% dollar rates. LaSrSf "B Tt 'S customs ASSESSHfTENTS. ***«#<* ■«*«- i—d «» week by SS.il: c c'ro"i A 2/0 - vo - — USSST-' 'ffih 1 ' mV 16 if? SSoWS. opcratins ,n the 6t>u,h are as S "vVrsUnml If 9 " Tn/n « T^a Assodatad Banks (othor thin tb. Bucnarest.' *iel*. 665 665 813.6 , R a te« of exchange ruling at the date of n„ m ™„„ Ho ? rs . y aPda ' f T e «oW •■ _ 4/3 '■ «!£f «•"••■ SS,°£ft. a °L: ,? 8 - «~* «•"■• '«■-»• *- ::::.«' ffiSSf:.::::: is is-,, 53 S! Wilton tJcl. (.o.re.i — " i.-./o *5 I 5 , ' W . Tok.hMi.. jen 14 14 24..Wd ,»«*« of exch.nR. on CoDtinental wwd« Mataki Junction 127 20.000 o ■ wooiworti ,w. p An..) Buym, _ 85: USU , ?2-£ "*lfiS?&. B-iliiliJr .loo l-o 4 ]. . .Workso» M . 139 10.500 82 ft ;