PRICE OF GOLD

Evening Post, Volume CXXIII, Issue 58, 10 March 1937, Page 14

PRICE OF GOLD

(Liy Teleftraph—Press. Assn.—Copyright.) (Received March .10, 10 a.m.) LONDON, March 9. The price of fine gold per ounce, 142s 6id. \ ■ -. s. d. March 1 142 3i February 1 \& °j> lanuary 4 141 8 December 1 lil ' ! . DEARER DIAMONDS

The Diamond Corporation is keenly anxious to increase diamond prices this year and is likely to accomplish this before long, states the "Financial News" The present position is that it does not pay to work the Kimberley mines with prices at today s levels, while other mines, like the Premier mine, which- the Government would like to see reopened, are still unpayable The Diamond Corporation hopes to market £8,000,000 worth of stones this year, of which South Africa's share would be £5,500,000. However, there are many who, firmly believing that diamond sales are likely to be considerably higher than the above estimates, place South Africa's quota at around £7,000,000 worth "of stones, with corresponding benefits all round. When visible stocks of stones become denleted, it is bbvious that to enable the bigger ' mines to re-enter production an enhanced selling price is necessary.

DIVIDENDS DUE. Milburn Lime and Cement—interim 3% per cent Mar. 10 Melbourne. Co-op. Brewery—interim quarterly, Sd per share Mar. la W. R. Carpenter and Co.—lnterim it S »>r cent, per annum oar. " Adelaide Steamship—interim hairyearly at 8 per com. per annum Mar. tb Electrolytic Zinc— half-yearly. 6 per cent, on ord. and pref Mar. is Castlemalne IVrfclns, Ltd., Brewersinterim half-yearly, S per cent .. Mar. IS Huddart. Parker, Pty.—final pref. 3 per cent, or 6 per cent, per annum: ord. 4 per cent, or i>h per font per annum Star. 20 New Zealand Crown Mines—3d per sharo (less English income tax), equal to 12V4 Per cent, per anmini • ~,..*•••••••••••■••*•• slur< 23 liyer Emporium, Ltd.—interim halfyearly ord. 3 per cent Mar. 24 North Broken IMl—ls Gd per share . Mar. 24 South Australian Brewing Co.—halfyearly at 10 per cent, per annum Mar. 24 Broken Hill South—quarterly Is per share Mar. 24 Edwards Dunlop. Sydney—interim quarterly at 9 per cent, per annum Mar. 23 George Karnier Ltd., Sydney—interim half-yearly, S per cent, per annum Mar. 23 Tooheys, Ltd., Sydney—interim halfyearly, at 9 per cent, per annum Mar. 25 Hume Pipe (Aust.)—interim halfyearly at 5 per cent, per annum Mar. 31 British Tobacco —quarterly, ord., 2 per cent Mar. 31 General Industries—half-yearly. TV's per cent, at li'A Per cent, per annum - Mar. '.U Barnet Glass Rubber —interim 4 per , cent, at S per cent, per annum, i pref.: 3 per cent., at 6 per cent. per annum, ord Mar. 31 Ouulop-l'erdriau Rubber — interim, half-yearly, prcf., 5 per cent.: ord. 3 per cent Slar. 31 United Building, Christcliiircu— final of 2Vj per cent, at 0 per cent, per annum Mar. 31 Bonds Hosiery (N.Z.)—5 per cent. per annum Apr.— Herald and Weekly Times, Ltd., Melbourne—interim half-yearly ord. ti per CL-nt.: pref. S.i per cent Apr. 1 Lincoln 'Mills—lnterim lialf-year— prcf. 4 per cent Apr. 1 Bank cf Australasia—yearly. 4s Gd per annum (less Income tax) Apr. 2 Howard Smith—dual Half-year, jrd. cent, per annum; quarterly pref. ! at 6 per cent, per annum Apr. 6 2\i per cent., making 'i% per Milne and Choyce^—lnterim, pref., | G per cent, per annum; B pref., 7 per cent, per annum: ord. aud deb., 4 per cent, per annum ... Apr. 10 Tarra Falls Co., Ltd.—lnterim, 5 per cent Apr. 15 G. J. Coles—interim quarterly, Od per share ....'... April 13