COMMERCIAL

Evening Star, Issue 21634, 1 February 1934, Page 12

COMMERCIAL

PRICE OF GOLD. Press Association—By Telegraph—Copyright. LONDON, January 31. (Received February 1, at 10 a.m.) Fine gold- is quoted at £6 13s Id per oz. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright. LONDON, January 31. (Received February 1, at 11 a.m.) The dollar is quoted at 4.99 J and the franc at 79 5-16. TALLOW SALES. Press Association—By Telegraph—Copyright LONDON, January 31. (Received February 1, at 1 p.m.) At the tallow sales 565 casks were offered and 163 were sold. Mutton; Fine, 245; medium, 20s. Beef: Fine, 22s 6d; medium, 20s. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright. : LONDON, January 31. (Received February 1, at 11.30 a.m.) New Guinea Gold shares are quoted at os 7£d. DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company Ltd. has received the following cabled advice from its London house, dated January 31:— Butter,'66s; market slow. Cheese: White, '42s; coloured, 445; market steady. TALLOW MARKET. The Bank of New Zealand has received the following advice from its London office, dated January 31: — Tallow: There is a fair demand. Current quotations—good mutton, 22s to 22s 6d per cwt; good beef, 20s 6d to 21s.,per cwt; good mixed, 20s to 20s 6d pSr-.qwt; gut, 17s 6d to 19s per cwt. MOUNT LYELL -OPERATIONS, The Mount Lyell Mining and Railway Co. Ltd., states that, owing to lack of rainfall, it was not possible to resume smelting last week as intended, and as the stocks of blister copper are now exhausted refining operations have also been suspended. The production of ore from the mines and treatment in the concentrating mill will be continued, and the concentrates produced stored until smelting can be resumed. There is no danger of interruption to milling unless the dry spell continues for more, than three weeks longer. The output of copper for the year is not likely to be affected unless it becomes necessary to close down all operations. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright. . SYDNEY, February, 1. Stock Exchange sales: 4 per cent. 1957 bonds, £lO7 3s 9d; 1959, £lO7 7s 6d; Bank of New South Wales, £35 ss; Dunlop Perdriau, 21s 1-id, preference 36s 3d Moris, Hedstrom, 18s 4Jd. SALES ON ’CHANGE: THIS DAY. Christchurch. —Bank of New Zealand, 495, 49s 3d, 49s 6d; New Zealand Refrigerating (10s paid, cum div.), 9s 2d; Timaru Brewery (7s 6d paid), 5s 9d; British Tobacco, 375, 36s lid; Dominion Fertiliser, 17s 8d; Alexander (13s 6d paid), 15s 9d; Glenroy (6d paid), 6d (2); Maerewhenua, 10id (3). Auckland.—Gillespie’s Beach, 2s 6d; Westport Coal, 15s; Commercial Bank, 18s Id; Mount Lyell, 25s lOd; Bank of Australasia, £l2 15s; 1946 Stock, £lO3. King Solomon, 3s lOd. Wellington.—Nerds Diesel, Hid.