COMMERCIAL

Evening Star, Issue 21720, 15 May 1934, Page 18

COMMERCIAL

LATE NEWS

WAITAHU RETURN. The secretaries of the tVaitahn Gold Mining Co. Lid. report a wash-up of 20oa 9dwt as the result of ten days’ sluicing. The water supply is 'still satisfactory. TAUPTRI COAL REPORT. The iinual report of the Taupiri coal mines for the year ended March 31 states that the directors regret .that the operations resulted in a heavy loss of £12,248, There was. however, a balance to credit of the profit and loss account for 1933 of £9,604. out of which a dividend of 5 per cent, on ordinary shares was paid. The dividend on the preference shares has been paid from the dividend equalisation reserve, -which now stands at £1,720. The debit balance remains in the profit and loss appropriation account of £7,498. The directors recommend that an amount of £II,OOO, shown in the accounts as accident reserve, be transferred to profit and loss appropriation.—Auckland correspondent. SYDNEY STOCK EXCHANGE. SYDNEY, May 1,5. (Received May 15, at ] .45 a.m.) Sales; —Bonds: per cent.. 1938, £lO6 17s 6d; 1941. £lO6 10s (ex interest) ; 1944, £IOB 12s 6d; 1947, £IOB 13s 9d; 1950, £lO9 10s; 1953, £llO 2s 6d; Anthony Hordern, 16s 9d; Broken Hill Proprietary, 48s; Wilcox, Mofflin, 13s 4d. LEAD MARKET. LONDON, May 14. (Received May 15, at 2 p.m.) Pig lead.—lmports, 24,920 tons (Australian, 12,410); exports, 1,071 tons. SALES ON ’CHANGE: THIS DAY. Christchurch. —National Bank of Australasia (£5 paid, cum div.), £6 10s; Bank of New Zealand (cum div.), 52s 9d; Goldsbrough, Mort, 32s 8d; Brian Boru (Is paid), Is 84cl. Is 8d; Mataki, 2s sd; Alining House Concessions (6d paid), 4Jd (2). Reported; New Zealand Refrigerating (10s paid), 8s 9d; Mount Lyell (late : sale yesterday), 23s 3d. Auckland.—Mahabipawa, lid (previous sale, Is 3d) ; Mataki. 2s 3d, 2s 2d; Waitahu, ss; Breweries, 425; Bank of New Zealand. 52s 4d; National Bank, 83s 6d: Bank of New South Wales, £33 Is 6d; Waihi, 34s 9cl.