LATE COMMERCIAL

Evening Star, Issue 22631, 24 April 1937, Page 20

LATE COMMERCIAL

BROKEN HILL PROPRIETARY. DIVIDEND DECLARED. The Dunedin Stock Exchange has been advised that a dividend of Is 3d a share, and lOd a share for contributing issue, has been declared by Broken Hill Proprietary- , DAIRY PRODUCE. Messrs A. S. Paterson and Co. Ltd. are in receipt of the following cable from London: —Butter; Market firm; New Zealand, 106 s; Australian, 107 s; Danish, 91s; landed cost, 112 s. Cheese j Market firm; white and coloured, 695. MATAKI JUNCTION RETURN. [Per United Press Association.] WELLINGTON, April 24. The Mataki Junction Gold Dredging Company’s return for the week ended April 22 was 530 z lOdwt, 22gr for 81 hours and 16,000yds dredged. GOLDEN SANDS AND ARGO RETURNS. A Greymouth Association message states that the Golden Sands return was 420 z 18dwt for 34 shifts. Argo was 740 z for 133 hours (14,000 yards). - - METAL MARKET. Press Association—By Telegraph—Copyright LONDON, April 23. (Received April 24, at noon.) Copper.—Standard, £6O 8s 9d per ton; forward, £57 14541 d. Electrolytic.—Spot, £66 10s; forward, £66 10s., ■ Wire bars, £66 10s. ' Lead.—Forward, £25 3s 9d; spot, £25 5s Spelter.—Spot, £25 8s 9d; forward, r»9c l(V Tin.-Spot, £260 10s; forward, £255 12s 6d. Silver—Fine, 20 3-16 d per okstandard, 21 13-16 d. , , Pig Iron,—Home trade, £4 Is; export, unquoted. Antimony.—British, £BB 10s; foreign, £64 10s: Molybdenite, £2 per unit. Wolfram, £2 19s. SALES ON ’CHANGE: THIS DAY. Christchurch. Wostport-Stockton Coal (pref.), 4s (2); punlop Rubber, 21s (3); G. JT. Coles, £5 7s (2); Wilcox, Mofflin, 14s-Id (2). Reported: Dalgety and Co. (late sale on the 23m), £ll (cum div.). Unlisted; Ballm s Breweries (15s paid), 11s. Wellington.—Four per cent, stock (1955), £104; Goldsbrough, Mort, 37s 10id; Queensland Insurance, 59s 9d: Anthony Hordern, 20s; Consolidated Brick. 8s 6d;'Coles, £5 7s; Mpunt LyoiJ, 47s sd, 47s 2d: Mount Morgan, 15s 9d. Auckland.—Anthony Hordern, 19s 9d; AucMand Gas, 21s 3d; Farmers’ Fertilisers, 21s; Kauri, 245; Coles, £5 5s 9d; Woolworths, £7 2s 6d; Bank of New South Wales, £37 10s; New Zealand stock (1952-55), £lO4 ss. Our Auckland correspondent telegraphs : The only notable movement in values on the Stock _ Exchange this morning were in Kauri Timbers, Coles, and Auckland Gas. Kauris had a sale at £1 4s, showing a rise of 7d over the week. Coles also moved up sharply, buyers offering £5 7s 9d, compared with a reported sale at £5 5s 9d. Gas shares were weak, losing a further 6d to, sell at £1 Is 3d, the lowest, price for two months. More were offered at the same figure with the nearest buyer 3d below. In the banking section quotations were practically identical with Friday’s. The gradual firming in Australian Metal Producers’ shares continued a further stage. Offers for both issues of Electrolytic Zincs improved a shade, and for Mount Lyells the market was definitely stronger, between £2 6s 6d and £2 7s 6d. Holders of Mount Morgans reduced their limits to 15s 9d withbut a response from buyers, who remained at yesterday’s figure of 15s 6d. Government stocks were again firm, the 4 per cent. 1952-55 issue having a sale 5s higher at £lO4 ss, and later the market was about that price.