DEALINGS ON ’CHANGE

Dominion, Volume 28, Issue 113, 6 February 1935, Page 12

DEALINGS ON ’CHANGE

Sales Recorded Yesterday RETURN ON INVESTMENTS Sales recorded cu Dominion Stock Exchanges yesterday are shown iii the following list. In the second column is giventhe return based on the last annua dividend from investment. at the quoted price. In calculating the return on shares in companies which pay their dividends outside New Zealand the exchange rates have not been taken into consideration. The return of 4 per cent. Government loans includes redemption. In the case of 8J per cent. loans the ieturn is for the interest alone, and covers only the period for which the loans are tax-free. WELLINGTON. Yield

GOLD MINING Big River Return for January Big River Mines, Ltd., reports that during January 293 tons was crushed to yield 257 ounces 8 dwts. of melted gold. There will be no clean-up in the cyanide department till the end of February. The total estimated value of the gold won is £1930. In addition, 4 tons 10 cwt. ct concentrates was saved, the estimated value being £135. In the above estimates the value of the gold is taken at 150/- per fine ounce. Chapman’s Find Gold Mine The Chapman’s Find Gold Mining Co., Ltd., reports that during January work was concentrated mainly on the opening up of Nos. 1 and 2 leaders where they have been cut in the low level. Both leaders are now producing payable ore. In order to keep up the ore supply in the meantime a small amount was mined from a sub-drive below the upper No. 2 level. Work was also carried out on a prospecting drive to investigate leaders believed to lie south of No. 2. From January 7, when work was resumed after the holidays, to the end of .the month 6 tons 15 cwt. of general ore and 61b. of picked stone were treated for a return of 40oz. 7dwt. of melted gold. Of the picked stone; 51b; yielded about 9oz. and 11b. treated separately returned about 6oz. Skippers, Limited The mine manager of Skippers, Limited, reporting on mining work at Maori Point during the last fortnight, says that after the first flood on January 7 every endeavour was made to straighten things up, and to recommence paddock work. The paddock was rebottomed on January 16, but on the next day another flood came down, and the paddock was again filled in completely. Since then there have been five more floods, each of which was over the six feet level, and in consequence no work could be done, except that bluegum piles have been driven on the river side of the paddock and spare flume plates have been fixed to these to act as a groyne to throw the force of’ the flood water away from our excavation, which is about in the centre of the old river channel. During the last few days the weather has cleared up and we are again at paddock work, and it is expected that the bottom will be cleared before February 4, when- the gold boxes will be put in position. It is to be regretted that such unusual weather has been experienced, as the prospects were most encouraging, and it is expected that given a clear run the results will be such that the confidence of the directors will be vindicated. Butter Market Firm at 94/Joseph Nathan and .Company. Ltd., have received from their principals, Trengrouse and Nathan. Ltd.. London, the following cabled advice, dated February 4:—-iNew Zealand butter, 94/-; firm. New Zealand cheese, white. 47/6: coloured, 47/-; quiet. Bradford Tops Firm London. February 4. The Bradford tops market is firm, but there is not much business doing. London Wool Sales By Telegraph.—Press Assn.—Copyright. London. February 4. At the wool sales 7229 bales were offered, including 1297 from New Zealand, and about 3394 Australian ami. New Zealand bales were sold. There was good Home and Continental competition, with prices fully steady. The series closes to-morrow; New Zealand scoured merinos, Oxford, highest, 19tl„ . average 18Jd.: greasy crossbred, Kapiti, lOd.

Sale price, it £ s. d. p.c. on vestment. £ s. d. Hural Bonds, 5 p.c., 104 1947 (2) 15 0 Bank of N.Z., D. niort. 1 12 . <» 4 1-j 0 Chch. Gas, cum. div. ♦I 15 G 3 7 7 N.Z. Isurancc Gear Meat *3 1 10 o 0 4 3 17 Union Steam, pref. .. *1 7 6 4 0 Taupo Totara Timber ♦0 .» Tooth and Co ♦2 11 0 5 14 6 Colonial Sugar (2) .. 41 17 6 ! 3 19 8 Sydney Ferries .... *0 9 — 1G •> Broken Hill Pty. .. 12 G 3 Unofficial list: Woolworths Ltd., ord. n (3) *Late sale Monday. AUCKLAND. £ s. d. £ s. d. Govt. Bonds, 4 p.c., 1940 103 10 0 3 0 7 Nat. Bank A/asia, £u paid 6 8 0 3 IS 1 Bank of N.Z; (2) .... — 10 11 3 18 N.Z. Insurance (2) .. 3 9 9 — 1< 4 3 9 G 17 7 South British Ins. .. 4 17 3 14 10 N.Z. Guar. Corpn. .. 0 G 1 9 7 Auckland Gas, ex div. 1 6 9 4 3 Taupo Totara Timber 0 4 N.Z. Breweries M 12 0 13 10 Electro. Zinc 1 1 6 3 14 N.Z. Newspapers .... 1 15 0 — 17 1 Wilsons Cement .... ' 1 13 G 19 8 Waihi G. Junction .. 0 4 8 7 — 10 Big River 0 2 4 — Brian Born 0 0 8 Golden Dawn 0 9} — Goldfields Dredge .. 0 0 —— King Solomon 0 3 9 Unofficial list: Woolworths Ltd., ord. 4 11 G — Golden Crown. 2/- pd. 0 4 0 — CHRISTCHURCH. £ s. d. £ s. d. Bank of N.S.W. (2) . 31 7 6 3 3 11 Timaru Brewery, 7/0 8 paid 0 G 4 1 Australian Glass .... 3 4 6 15 10 Dominion Fertiliser .. 1 1 6 15 10 "Sun” Newspapers .. 0 4 10 Brian Boru (6) 0 0 8 .— Maori Gully 0 1 4 —— Mossy Creek (2) .. 0 2 4 —— Worksop Ext 0. 104 — Sales reported c ' N.Z. Farmers’ Co-op., 44 p.c. stock. 1945 82 10 0 9 1 Dominion Fertiliser .. • 1 1 G 15 10 Milburn Lime Ji 3 0 4 1 Skippers (2) 0 0 GA — Okarito 0 8 —— Big’ River 0 — G Unofficial list: Woolworths Ltd., ord. (2) 4 11 9 Ditto 4 11 6 —• Macetown (3) 0 1 4 — DUNEDIN £ s. d. £ 8. d. Govt. Bonds, 4 p.c., 3 9 1949 ■■■ 107 0 0 National Insurance .. 1 — 10 3 8 Dominion Fertiliser . 1 1 G 15 10 Timaru Brewery, 7/6 s 3 paid 0 8 2 3 King Solomon 0 3 8 —— Bendigo Goldlight ... 0 0 11 — Okarito 0 8 —