LATE COMMERCIAL

Evening Star, Issue 22576, 18 February 1937, Page 14

LATE COMMERCIAL

PRICE OF GOLD. Press Association —By Telegraph—Copyright LONDON, February 17. (Received February 18, at 1.15 p.m.) Fine gold is quoted at £7 2s OJd per ounce. DOLLAR AND FRANC. Press Association —By Telegraph Copyright LONDON, February 17. (Received February 18, at 1.15 p.m.) The dollar is quoted at 4.895. The franc is quoted at 105$. THE METAL MARKET. IJress Association—By Telegraph—Copyright ■ LONDON, February 17. (Received February 18, at noon.) The following are the official metal quotations:— Copper.—Standard, £SB 18s lsd per ton: forward, £SB 19s 4|d. Electrolytic.—Spot, £63 lOsj forward, £64 10s. Wire bars, £64 10s Lead. —Forward 1 , £2B 6s 3d; spot, £2B 6s 3d. , Spelter.— Spot, £25 12s 6d; forward, £25 13s 9d. , Tin.—Spot, £231 12s 6d; forward, £232 12s 6d. Silver.—Fine, 20 l-16d per, ounce; standard, 21$d. LONDON MONEY MARKET. Press Association—By Telegraph Copyright LONDON, February 17. (Received February 18, at 12.15 p.m.) Discount and short-loan interest rates :—Day to day loans, i per- cent.; fine trade bills, three months, 2 to 4, per cent.; bank bills, three months, 9-16 per cent.; bank bills, six months, a per cent.; Treasury bills, two months, i per cent.; Treasury bills, three months, $ per cent.; New York call money, 1 per cent. SEARCH FOR GOLD. SANDHILLS MINING., : The claims manager reports a washup of 13oz 18dwt for the fortnight ended on Tuesday. One shift only was worked on the claim during this period, as the other men were employed cleaning out the Stoney Creek race. NEW GUINEA GOLD. Press Association —By Telegraph Copyright LONDON, February 17. (Received February IS, at 2 p.m.) New Guinea gold shares are quoted at 3s lsd. MOUNT LYELL SHARES. Press Association —By Telegraph Copyright LONDON, February 17. (Received February 18, at noon.) Mount Lyeli shares are ■ quoted at 36s 3d. SALES ON ’CHANGE.—THIS DAY. Christchurch.—4 per cent. Inscribed Stock (1943-46), £lOl 17s 6d; Bank of New Zealand, 40s Bd, 40s 7d (3) ; New Zealand Refrigerating (£1 paid, cum div.), 20s 3d; Australian Glass, 93s 4d; Dunlop Rubber, 19s 2d , (3); G. J. Coles, £5 5s 6d (2), £5 5s 9d (2), £5 6s; Gillespie’s Beach (cum div.), Is 6Jd; Skippers, 3sd (2) ; Mount Lyeli, 46s 9d (3); Mount Morgan, 17s Id. Reported: National Bank of New Zealand, 61s 9d. Unlisted: Woolworths (Sydney, ord.), £8 8s (4) ; Woolworths (Western Australia), £7 5s 3d. Wellington.—South British, 995; Taranaki Oil, 2s 9d; 3$ per cent. Government stock (1938-52), £lOl 15s; Electrolytic Zinc, 58s 7dSkippers, 3d; Mount Lyeli, 475; Mount Morgan, 17s Id. Auckland.—Morning call: Gillespie’s Beach, Is 6sd; Rotoiti Timber, 6s 6d; Mort’s Dock, 14s; Macky, Logan, 235; New Zealand Breweries, 595; Broken Hill, 85s; Australian Glass. 945; Coles, £5 6s; New Zealand Stock (1939-43), £lOl 12s 6d; 1946-49, £lO3 10s; .195255, £lO3 10s; Selfridges (new), 38s. Noon call: Sanford, 4s 8tl; Mort’s Dock, 14s 2d ; Auckland Gas, 21s; Commercial Bank, 19s sd; Kauri, 23s 8d ; Bank of New Zealand, 40s 9d ; Mount Lyeli, 47s lsd, 47s 2d; New Zealand Insurance, 61s 7sd ; Woolworth’s (New Zealand), £7 4s 6d; Woolworth’s (Sydney), £8 9s; Amalgamated Brick (1944), £lO3 10s; Commercial Bank (prof.), £9 2s 6d. Our Auckland telegraphs: Business maintained it* activity yesterday afternoon, and this morning orders were again fairly plentiful. Sales at the first call included three of the Government stocks, the 4 per cents, showing a slight easing, with business at £lO3 10s. There was keen demand for Australian industrials, and Mort’s Dock stock sold 6d higher at 14s. Rotoiti Timbers had the first sale since October, showing a drop of 9d, with a transaction at 5s 6d. Bank shares ivere in good demand, and the New Zealands looked a little better with a market The recent firming in insurances had a slight check, both New Zealands and South British being on offer at the latest sal© prices. Auckland Gas shares were again offered at 21s 6d, with no buyers. New Zealand Breweries failed to hold the full extent of their recent rise, and a sale was made 9d lower at 595.