BASE METALS MARKET

Dominion, Volume 31, Issue 71, 17 December 1937, Page 14

BASE METALS MARKET

Slightly Firmer Tendency By Telegraph.—Press .Assn. —Copyright. London, December 15. The official London (middle) quotations as reported by the Australian Mines and Metals Association, compare with those

Money Market Rates London, Decembe? 15. Discount and short loan rates on the London market, compared with those for last week, are as follows: — Dee. 8. Dec. 15.

Loan Oversubscribed

By Telegraph.—Press Assn.—Copyright. Canberra, December 15. The Commonwealth internal loan for £8,000,000 was over-subscribed by £153,000. There were 7550 applications as compared with 7372 for the last loan. The previous loan was closed on Mav 7 and was for £7,500,000. Dividend And Calls Broken Hill South, quarterly. 1/3 per share Dec. 17 Devonport Ferry—int., 23 p.c. Dee. 17 Moonlight Gold —5 p.c Dec. 17 Cocks Eldorado—l/- per share Dec. 17 Mossy Creek Gold Dredge—ld. per share Dec. 17 Dominion Breweries —int., pref. and ord., 5 p.c Dee. 17 Flttenzol Ppty.—B per cent. .. Dec. 20 Hume Pipe (Far East)—int.. 5 p.c Dec. 20 Consolidated Brick—3d. per share Dec. 20 Manawatu Knitting Mills—final, 6 'p.c Dee. 20 Mount Lyell—final, 2/- a share Dec. 20 Woolworths (Viet.) —10 p.c. .. Dec. 21 Sulphide Corporation — pref., 2/- per share; ord., 1/6 per share less tax Dec. 21 Hume Steel —half-yearly, pref., > ■ 73 P.c., p.a Dec. 23 Morris, Hedstron?—int., 3 p.c. Dec. 31 British Tobacco —final, 2 p.c. and int. 2 p.c Dee. 31 Zinc Corporation—second half fixed pref., 2/- per share; int., part pref, and ord., 4/- per share (sterling), less tax. .. Jan. 1 National Bank of N.Z.—int., 4 p.c., p.a Jan 4 Woolworths Ltd.—int., 2 p.c. . Jan. 15 Victoria Nyanza Sugar—6 p.c, Jan, 26

previously cabled as follows:— Dec. 15. Per ton. Dec. 14. Per ton. Copper— £ s. d. £ s. d. Standard, spot ... 39 3 9 39 10 Ditto, forward ... 3'.l 8 11 30 14 4* Electrolytic 43 5 0 43 5 0 to 44 5 0 44 5 0 Wire bars 44 5 <1 44 5 0 Lead— Spot 15 13 1* 15 14 41 Forward 15 16 10i 15 16 101 Spelter— Spot 14 1G 101 14 IS 11 Forward 15 1 3 15 3 14 Tin— . Spot 190 12 0 190 17 G Forward 189 15 0 190 5 0 Silver— Standard, per oz. . 1811-lGd. IS 11-lGd. Fine 20 3-16d. 20 3-16d.

Day-to-day loans p.c. 1 p.c. 4 Fine trade bills (3 mos.) .... to 2t 2 k Bank bills (3 months) 3 i Bank bills (6 months) i J Treasury bills (2 months) .. 11-13 11-16 Treasury bills (3 months) .. 13-16 11-16 .New York, December 15. Call money, 1 per cent.