WELLINGTON EXCHANGE

Dominion, Volume 32, Issue 172, 18 April 1939, Page 12

WELLINGTON EXCHANGE

Yesterday’s Quotations The latest buying and selling quotations recorded yesterday on the Wellington Stock Exchange were as follows:— N.Z. GOVT. LOANS.

North Broken Hill New Plant Ore treatment by the new concentrating mill of the North Broken Hill, Ltd., began last week. The company reports that the plant is working satisfactorily. The installation of new general plant and equipment, which, including the new mill, involves heavy capital expenditure, io expected to be completed in a lew months. It is expected to bring about a reduction in operating costs and a higher recovery of metals. The new mill is equipped to deal with both the sulphide ore, constituting the bulk of the mine’s existing and potential ore reserves, and with the substantial tonnage of oxidized -and semi-oxidized ore still existing in the British. Junction and Junction North sections. Sir Colin Fraser, presiding at the last annual meeting of the company, explained that the object of the programme was to meet low metal prices and increasing costs by large output and high metallurgical efficiency. Bulolo Gold Production Bulolo Gold Dredging, Limited, reports that for the month of March the total gross production amounted to 16.GSG ounces of bullion, containing 11,513 ounces of fine gold from 1,275,000 cubic yards. Estimated working profit 814 G ounces of fine gold. The above production is equivalent to £100,739, and working profit to £71,277. on the basis of £B/15/(Australian) a fine ounce of gold.

Buyers. £ s. d. Sellers. £ s. d. 4 p.c. Inscr. Stock, 15/4/1946-49 .... — x97 5 0 Ditto, 15/6/1952-55 .. •— 99 5 0 4 p.c. Bonds, 15/2/ 1943-46 98 5 0 LOCAL BODIES’ DEBENTURES. Eastbourne Boro., 4-£ p.c., 15/12/48 — 100 0 0 Ditto, 4|, 15/12/47 — 100 0 0 Ditto, 4J, 15/12/56 — 100 0 0 A uck. City. 4f p.c., 1/1/44-51 100 5 0 — Ditto, 4J, 1/1/44-58 100 5 0 — BANKS. Comrcl. of Aust., ord. 0 15 9 0 16 3 Eng., Scot, and Aust. 5 3 0 — National of N.Z — 2 8 6 National of Australasia £10 paid 13 6 0 — New Zealand 1 IS 6 Ditto, D. long term — 1 6 9 TTninn nf Aust. ...... — 8 3 0 FINANCIAL, Equitable Bdg. Co. .. 0 9 11 — Ditto, deb. stock .. —— 0 IS 6 Goldsbrough, Mort .. —— 1 10 0 National Mortgage, B. — 15 0 Newton King, pref. .. —— 0 8 0 Wgtn. Invest.. T. & A. — 0 9 5 Wgtn. Trust. Loan .. —— 5 10 General Finance .... — 0 18 3 Metropolitan Bdg. .. 10 15 0 — United Bdg., Auck., A. — 10 9 GAS. Wellington, ord —— 1 10 6 Ditto pref. — 13 2 Timaru — 0 14 3 INSURA NCE. National of N.Z 0 15 9 New Zealand 2 12 9 2 14. 0 SnuHi British 2 4 6 2 5 9 MEAT PRESERVING. f * PHI* 10 T t _ 0 13 3 N.Z. Kefrig., 10/- pd. 0 6 5 TRANSPORT. Kelburne Tram., ord. — ■ 13 0 WOOLLEN. Bond’s Hosier}’ Mills — 10 0 Wellington, ord. —— o 2 (> Krupp ..... 0 11 6 COAL. 110 TIMBER. Levland-O’Brien .... 0 16 0 —— National ■ 0 7 6 Rotniti 0 2 6 __ Ditto, pref. 0 16 6 Tarin "am util ....... 0 12 6 BREWERIES. N.Z. Breweries 1 17. 3 1 18 0 MISCELLANEOUS. Aust. Consol. Industries 1 12 0 British Tobacco .... c2 9 0 — Broken Hill Pty 2 19 0 Burns, Philp and Co. 2 12 0 —— Claude Neon Lights (N.Z.) —— 10 0 Colonial Sugar 47 17 6 Cousol. Brick & Pipe —— 0 8 10 Dental & Medical Sup. —— 0 12 0 Dominion Fertilizer .. —— 15 0 Dunlop Perdriau .... —— 119 Electrolytic Zinc, ord. — 2 8 0 2 9 6 - 1. Felt and Textiles ... 1 10 6 — C. if. Coles, cum rights 4 0 6 — Howard Smith, ord. . 0 18 0 Macdufl's, ord — 0 2 11 2 10 — 0 4 6 National Electric ... 0 13 9 1 1 0 9 3 United Provisions .. 0 7 0 — Wilsons (N.Z.) Cement 0 16 0 0 16 5 Woolworths Ltd., ord. 13 0 13 2 Woolworths (N.Z.), ord. 0 17 3 I’.prlei (N.Z.) 2 0 0 Donaghy’s Kope .... 2 4 0 — 1 13 0 — Whitcombe and Tombs. 2 15 6 MINING. Maori Gully 0 0 6 0 0 74 "Australian Mining. Mount Morgan — 0 10 9 OVERSEAS LISTINGS. Woolwortbs Holdings (South Africa) .. 0 14 9 — c Cum dividend. x Ex dividend. Unofficial List Buyers. Sellers. £ s. d. £ S. d. Woolworths Properties — 16 3 Frozen Products .... — 0 10 0