LATE COMMERCIAL

Evening Star, Issue 22578, 20 February 1937, Page 20

LATE COMMERCIAL

LONDON WOOL SALES ■The Bank of New Zealand. London, advises that prospects for the next series are doubtful. Prices generally are expected to decline as" follow; Merinos, fine cross-breds, half-penny to one penny; medium and coarse crossbreds, half-penny. LONDON MEAT MARKET The Bank of New Zealand has received the following advice from its London office as at the close of business yesterday. Demand and prices for wethers are steady. There is a fair demand for owes. Larger supplies of lambs have caused prices to weaken. Quotations. —Wethers: Light, 5d to 5Jd; heavy, 4d to 4sd. Ewes, 3|d to 4|d. Lambs: Twos, 7|d to 7Jd; eights, 7id to 7RI; fours, C|d to 7d; seconds, 7:id to 7^d. GILLESPIE'S BEACH RETURN The secretaries of the Gillespie’s Beach Gold Mining Co. advise that the return for the week ended February 19 amounted to 72ozs 7dwt for 129 hours’ dredging. This return was obtained from the beach end of the cut.’ WORKSOP AND MEMONA RETURNS The return of the Worksop dredge was 82 ounces for 135 hours. Nemona: 67 ounces for 109 hours.— Reefton message. NORTH BROKEN HILL. A Wellington Association me wage states that North Broken Hill Ltd. has declared a dividend of Is 6d a share, payable at Melbourne o.n March 24. , THE METAL MARKET. Press Association —By Telegraph—Copyright LONDON, February 19. (Received February 20, at noon.) The following are the official metal quotations:— ; Copper.—Standard, £63 13s 9d per ton; forward, £63 13s 9d. Electrolytic.—Spot, £6B; forward, £67 10s. Wire bars.—£6o 10s. Lead.—Forward, £3O; spot, £3O. Spelter.—Spot, £27 17s 6d; forward, £27 17s 6d. Tin.—Spot, £240 12s 6d; forward, £241 2s 6d. Silver.—Fine, 20 l-16d per ounce; standard, 21 5-Bd. Pig iron.—Homo trade, £4 Is; export, unquoted Antimony.—British, £77 10s; foreign, £59. Molybdenite, £1 17s 6d per unit. Wolfram, £1 17s 6d. MOUNT LYELL SHARES. Press Association—By Telegraph—Copyright LONDON, February 19. (Received February 20, at noon). Mount Lyell shares are quoted at 42s 6d. SALES ON ’CHANGE; THIS DAY. Christchurch.—Bank of New Zealand, 425; Goldsborough Mort, 38s; Kaiapoi Woollens (17s paid), 14s 2d (2) ; Kaiapoi Woollens (7s paid) 5s 7d; New Zealand Breweries, 60s; Broken Hill Proprietary, 85s 4d (2), 85s sd; Broken Hill Proprietary (cont.), 73s 3d (2), 73s 6d; Electrolytic Zinc (ord.) 61s (2), 60s 6d (2), 60s Bd, 60s 6d; Electrolytic Zinc (pref.), 61s lOd, 61s 9d; G. J. Coles, £5 10s (3) Walda’s Shoes, 29s 3d; Skippers, 3id; Waimumu Sluicing, llkl (2); Mount Lyell, 50s 3d (5), 50s 4d (2); Mount Morgan, 17s (3); Rawang Tin, 12s (2). Reported: Christchurch Trams, 41 per cent. (1956), £105; National Bank of New Zealand, 625; Dalgety, £lO 10s; Dominion Brewery (rights, late sale on 19th), 10s 2d; Colonial Sugar, £43 2s Gd; Electrolytic Zinc (ord.), 61s (4); G. J. Coles, £5 10s (2); Mount Lyell, 50s 6d (4); Broken Hill Proprietary, 85s 6d. Unlisted: Woolworths (Sydney, ord.), £8 7s 6d (4). Wellington.—Woolworths Ltd., £8 8s; 4 per cent. Bonds (1949 and 1955), £lO3 10s; 4 per cent. Stock (1955), £103; Union Bank, £lO 17s 6d; Staple’s, 35s 6d; Toohey’s, 375; Electrolytic Zinc (ord.), 60s Cd 1 ; Mount Lyell, 50s Bd, 50s 9cl', 51s 6cl. Auckland.—Farmers’ Trading, 23s 4d; New Zealand Newspapers, 40s; Mount Lyellj, 50s 6d, 50s 9d ; New Zealand Breweries, 60s; South British Insurance, 98s 3d, 98s; Coles, £5 8s 6d; Bonds, £lO3 10s; Stock, £lO3,