PRICES OF METALS

Dominion, Volume 33, Issue 68, 13 December 1939, Page 12

PRICES OF METALS

London Boom In Tin

By Telegraph.—Press Assn.—Copyright. LONDON, December 11. Excited dealings followed the unpegging of the maximum price tor tub t.he'forward market rising sharply to £275 per ton before, reacting. Prices quoted for tiu, spot, were, buyers £271, sellers £27’2. Forward, buyers £26S, sellers £2BB 16/Pig iron is quoted at lOS/- a ton (unchanged). , Copper, lead and spelter are unchanged. Antimony.—British, £95 to £9b a ton (unchanged); foreign, £76 to £7B. Molybdenite.—lS/- to 50/- a unit nominal (unchanged). Wolfram. —Chinese, 50/- to W- a unit (unAauged).

The International Tin Committee announced on -Saturday last that it had raised the quota for the quarter ending March from 100 per cent, of standard tonnages to 120 per cent. The committee on December 1 last raised the quota for the first, quarter to 100 per cent. The quota for the current quarter was raised to 100 per cent, in successive stages, while the final figure of 120 per cent, for the third quarter of lliis year was a record figure for recent years. Auckland Stock Exchange By Telegraph—Press Association. AUCKLAND, December 12. Officers elected at Hie annual meeting of the Auckland’Stock Exchange were:— Chairman, Mr. J. W. Prater; vice-chair-man, Mr. W. B. Colbeek; committee, Messrs. G. 11. Buttle, J. 11, Kingston, P. C. Savage, K. Sheath, and L. E. R. Wakeman. The retiring chairman, Mr. Savage, did n-ot seek re-election, as he may be going into camp.

Dividends And Calls Golden Sands—2d. a share ... Dec. 13 Gordon and Goteh — half-yearly pref., l> p.e.; ord., ti p.e. plus bonus I p.e Hee. 13 Consolidated Brick—int .2J p.e. .. Dec. 11 A.P. Assurance— HP c . .. .. Dee. l-t Taupo Totara Timber—pref., 2.8 per eent., less tax Dec. 11 Woolwortlis t.X.Z.I limit, tl p.e. D'"’ *2 National Electric—o p.e Dee. 1o Broken Hill South - quarterly. Bd. a share Dec. 15 Kanieri Dredge—l/- a share Dec. Io Wellington Gas—pref., half-yearly. o.j Hee. to Denl’iard' Bakeries—int., pref;, 4 per cent.; ord., 21 p.e Dec. la .McKenzies Dept. Stores—int., 7 p.e Dee. 11l Dominion Breweries- int., 54 p.e. Dee. 17 Gear .Meat—7d. a share Dec. IS Henry Jones Co op tinal, 1/0 a siiare Dec. 18 .Mount Lyell—final. !/■ a share Dec. IS Blackwater Mines—int- 1/- a share (stg.) Dec. 11l Consolid. Goldlields—fid. a share (stg.) Dee. 19 Goldsbrougli Mort, int- 2 p.e ?ee. 21 Moonlight Goldlields—s p.e Dec. 20 t’ato Consol. Gold—lnt... 10 cents (Canadian) a share Dee-2(1 Dalgelv and Co —lin.-tl. "/■ a siiare. less tax .... "ee 21 Devonport Kerry —int.. 24 p.e Dec. 21 Hume Pipe -linal. pref.. 3J p.e.. ord., 21 p.e Dec- 21 Tul Brewery—limil 9d. a si tire Dec. 2‘. N Z Loan and Mercantile, cum. pref, stock. 5 p.e.; ord stock 2 p.e., both less tax Dee. 28 Britisli Tobacco—limil, ord. 2 p.e.; int., ord.. 2 p.e Dee. 30 U and E. Tiugey—half-yearly pref., 3 p.e Dec. 31 Morris Hedstrom—lnt., ord.. 3 n.c. Dec. 31 Kelt and Textiles—half-yearly. 2nd pref. 3 p.e lan. I National Bank of N.Z —lot., 11 p.e. I Hess lax) lan. 9 Woolwortlis Properties — halfyearly prof. ord.. 3 p.e Jan. 13 Calls— G. J. Coles—new, 10/- a share Jan. 31 A.C.l.—new. 5/- a share Mar.3l