STOCK & MARKET

Evening Post, Volume CXXIII, Issue 117, 19 May 1937, Page 14

STOCK & MARKET

GOLOZN DAWN MINES

COST JOF 40-HOUR WEEK

The net j profit earned by Golden Dawn Mirirs, Ltd., Owharoa, for the year ended,' December 31 was £10,493, against £lfi ,988 in the previous year, and £7957 | in 1934. The toti 1 amount available is £17,083. I) spreciation require? £875 and £8000?, is transferred to development' resedj a. A dividend of 20 per cent, was p3 sid in July, 1936, the first since the eel mpany commenced operations. .This'i required £4000, leaving £4108 to bi carried forward, against £6484 broui 'ht into the accounts. The repo^ t states that- the balance | undoubtedly would have been contsiderably lai ger but-for the institution of the '40-r.i ;ur week and the consequently '■huaJ.er wages that have had to be paid. X i ~ \ The superintendent considers that the shorter;';week and : higher pay, based on last year's figures, represents an extra cos t to the company of approximately; £3000 a year.

. WEDNESDAY, MAY 19, 1937. Buyers. Sellers. i i. d. £ s. d. N.Z. Govt. Loans— : 3V4 p.o. Inscr. Stock, 15/3/1930-43 ....:. 101 00 — 3W p.c. Idsct. Stock, 15/9/1039-43 ..' 101 0 0 — 3V4 p.c. Inscr. Stock, 15/3/104143 101 0 0 — 3% p.c. Inscr. Stock, 15/9/194143 ..... 101 0 0 — 3% p.c. Inscr. Stock, - . \ 15/11/1938-52 100 5 0 — 3% p.c. Inscr. Stock, 15/5/1930-52 100 5 0 — 3% p.c. Inscr. Stock, 15/1/1953-57 99 0 0 — i p.c Inscr Stock, ' . ' , 15/2/1043-46 102 17 6 103 10 0 4 p.c. Inscr. Stock, 15/4/1046-49 ...... — 103 5 0 4 p.c- Inscr. Stock, 15/6/1952-55 ....... 104 26 • — t p.c. Honda, 15/6/ laS2-55 . .■ 104 2 G — Local Bodies Debentures— Makerua Drainage, iVt p.c, 1/8/1945.'.. — 101 0. 0 Makerua Drainage, iM . p.c, .1/8/1053 .. —. 101 0 0 Wgtn. City, 4% p.c, 1/2/1957 .:...., 104 5 0 ; - — Other Debentures— N.Z. Farmers' Co-op., ,iVi p.c, 1945 ...... — 92 0.0 Grand Central Bldgs. — GO 0 0 Banks— Australasia "....• 12 80. —. Comm. of Aust. (ord.) 0 19 0 0 19 4 Comm. of Aust. (pref.) 9 8 0 9 10 0 New South Wales .* 37 5.0 — New.Zealand .......* 2. 3 7 2 4 3 Xew: Zealand D Long Terra .....* 1 " 3 - — Union of Aust 11 2 G 11 5 6 I financial"- . - Equitable Bldg. Co... 0 10 0 — Farmers' Co-op. Auct. 4 0 0 — Goklsbrough, Mort, and Co., . - 1 18 3 N.Z. Guarantee Corp. 0 4 *9 0 4 10 JN.Z. & River Plate. 0 18 6 — AVgtn. Invest. T. & A. 0 9 0 — I GasAuckland (contrib.) . 0 14 10 — Christcburch — 17 3 Gisborne ■....■ — ; 0 10 0 Wellington (ord.) ... — 1 16 6 Feilding, ' 0 1 10 — InsuranceNew'Zealand 3 10 — Queensland — 3 0 0 South British 4 13 0 4 lo 0 Meat Preserving— (Gear Meat '- 0 16 0 N.Z. Eefrig. (10s) .. — 0 9 0 ! Transport— Huddart-Parker (ord.) 119-6 — Huddart-Parker (pref.) -1. 7 9 — Union ■ Steam (pref.) 16 9 — P. & 0. Defd,. Stock 1 19 6 2 2 6 Woollen— Oamaru * 0 18 6 1 0 6 Wellington (ord.) ... — - 6 0 0 Coal— Westport 14 0 — Timber— Leyland-O'Brien ; .... — 119 Taringaruutu 0.15 2 — Taupo Totara (ord.) . ■ — . 0^3 Taupo Totara (pref.) — 10 0 Taupo Totara (16s paid) (pref.) — 0 lo 9 Breweries—. NX Breweries .-....* 2 19 6 3 16 Staples and Co 2 0 0- — Tooth and Co t ' -■ 2 16 0 Miscellaneous— Aus.t.. Glass . — ■ i 12 6 British Tobacco . (Aust.) , - 2 10 0 Brit. Tobacco (fiV2 p.c. pref.) 1 11 - 3 —' Broken Hill Pty. ,.* 4 0 3 4 1 6 Colonial Sugar * — 46 0 0 Coiisol. Brick and Pipe 0 8 0 - Denhard (pref.) .... 10 0 ~ Dunlop-Perdriau 10 6 1 0 111 Electro. Zinc (8 p.c. ! part pref.) '... — 2 18 6 General Industries .. — 1 0 0 G. J. Coles ..: 57 6 59 0 Henry Jones Co-op. .* 2 7 0 2 7 9 Howard Smith (ord.) - 1 2 0 MacDuffs (pref.) 13 113 9 Procera Bread (ord.) . — 1 d o j Sharland and Co. (ord.) 0 18 9 0 19 6 Sharland and Co. (• nre f l 0 19 0 — Shillings Ltd. ...... 0 18 6 0 10 6 Taranaki Oil .....I.. - 0 4 11 Wilson's (N.Z.| Cement * — 1 13 3 Woolworths, Ltd. 2nd pref.) 1 7 10 — MoturoaOil (ord.) .. - 0 4 0 Mining— Arfro * 0 HO 0 2 0 Gillespie's Beach ... 0 1 i\b 0 1 6 Martha - 018.3 Waihi Investments .. — 0 13 0 AustralianMount Lyell • 2 4 B 2. 4 9 Mount Morgan 0 13 6 0 13 8 North Broken Hill . 3 10 0 — - Placer Development * •— 4 13 6 . UNOFFICIAL, LIST. 'Buyers.. Sellers. £ s. d. £ s. d: Woolworths, Ltd. ... 780 — ■ Woohvorths, "Ltd. (rights) 4 15 0 50 0 John Fuller and Son Debents — 66 0 0 Assoc. Motorists' Petrol (pref.), 110 0 — BUSINESS TRANSACTED. Sales first.call this day:— No. of „ , Shares. £ s. d. 100 Mount Lyell (2 sales) .. 2 4 9 oOMount Lyell 2 4 7 : Sales made after going to press yesterday:— No. of * Shares. £■ s. d. £580 4 per cent. Government Bonds (1949), 103 0 0 £300 3% per cent. Government Stock (1953-. 57) 99 2 6 £200 Newmarket. Bonds. 4% per cent. (1/6/52) .. 105 15 0 175 Auckland Gas 1 0 11 100 Staples and Co 2 0 6 275 Staples and Co 2 1 3 250 Broken Hill 4 2 .0 200 British Tobacco (pref.). 1 11 9 300 Wilson's ' Cement (2 sales) 1 12 6 UNOFFICIAL LIST. Sale today:— ■ No. of Shares. £ t. d. 25 Woolworths, Limited . 7 8 6 Sales made after_ going to press yesterday.— No', of Shares. • £ e. d. 35 Woolworths, Limited .• 7 10 0 30 Woolworths, Limited . 7 9 0 •Cum div. +Es div. GOLD RETURNS. Returns of gold dredging, sluicing, and mining companies as received this week are as follows:— I Hours. oz. dwt. Xemona ISo'/s 40 0 Mossy Creek 1SS 33 3 Worksop 138 17 0 Clutha River 107 45 0 Gtllesple's Beach 124 100 0 Maori Gully 120 53 12 Arco 102 87 0 Xew Ulver 117 51 0 Olsarito 132 32 10 Walpnpa 132 24 10 Golrlflelds Drcdeln? — 24 7 Adcilson's Flat "(34 shifts) 40 <J Walmumu (two weeks) D 2 .Mataki 103 . 22 0 Matakl Junction 121 70 14 Itimu ' 137 272 43 JAVA EXCHANGE. (By Telegraph— Press Assn.—Copvright.) (Received May 19, 10 a.m.) BATAVIA, May 18. Sterling exchange, 8.97J guilders to £1. The rate on May 15 was 8.96J. ~ ,