COMMERCIAL

Evening Post, Volume CXXX, Issue 81, 2 October 1940, Page 4

COMMERCIAL

FIRM TONE

SYDNEY STOCK EXCHANGE

(By Telegraph—l'ress Association-—Coi>yri«lit.)

SYDNEY. October 1

Tho ionu of the share market today was firm with the customary atmosphere of cautiuii. Sales :—

H a. d. Coiiiui. Bank of Sydney Il.* 12 0 Coimii. Bank of Aust OH 1 G. J. Coles :? ~> li Cash Orders Amnlg 0 K> 0 Felt and Textiles 1 12 10 Morris Hcdstrojn " 1 0 0 Toohey's Brewery 1 S *i Tooth'w Brewery 2 10 I.! Broken Hill I'ly a I 0 Anthony Horilorn 0 14 I) Bradford Cotton 1 I IS i> : Mount I.yell 1 » !S North Broken Hill .1 115 0 I Zinc Corporation 3 ■! '-'• I MELBOURNE. October 1, ■■ £ a. (1. I Herald and Weekly Times 2 7 !t I Carlton Brewery 3 5 G (Metro. Gas ..„..,.. 13 6 0

GOLD DREDGING RETURNS

Returns of New Zealand gold dredges as received this week are as follows:— Hours. oz. dwt. nimu Flat — 107 8 Grey Biver .......... 131% 345/0 Mossy Creek 121 47 12 Blackball Creek 133 :U 0 Argo 170 2!) 0 Gillespie's Beach ...... 133 40 IS Clutha River 12fi 000 0 Ngahere 2G(J 318 0 MoonligHt 230 -15 0 Waltahl (24 shifts) 27 9

TIN MARKET RISING

(By Telegraph—Press Association—Copyrlglit.) ; LONDON, September 30. Price of Tin.—Spot: Buyers, £257 10s per tori; sellers, £258. Forward: Buyers, £261; sellers, £261 10s.

PRICE OF RUBBER,

(By Telegraph—Press Association—Copyright.» LONDON, September 30. Price of rubber. 11 29-32 d per lb.

Price, September 26, was llfd. According to Mr. W. A. Watt, chairman of the Dunlop-Perdriau Rubber Co., Melbourne, in July, 1939. the spot price of rubber was B|d per lb, and, at the beginning of the war. it had risen to 10 l-Bd. The highest price was 14 3-8 din June. The International Committee increased releases or permissible export several times in the year, and various changes had occurred since July. At present the quota was 85 per cent., but for October, November, and December it would be 90 per cent. .

PRICE OF SILVER.

(By Telegraph—Press Association —Copyright.) LONDON, September 30. Price of Silver.—Standard, 23 7-16 d per ounce; fine, 25 5-16 d.

NGAHERE DREDGE RETURN.

Ngahere Gold Dredging report: During September the dredge worked only 266 hours because of si mishap to the top tumbler and the main drive motor. The return for the month was 316 ounces from 143,279 yards. Repairs have been made and the dredge is now working satisfactorily.