LATE COMMERCIAL

Evening Star, Issue 22816, 26 November 1937, Page 14

LATE COMMERCIAL

TALISMAN DUBBO REPORT. A total of 29 tons of ore was treated at the Golden Dawn battery of the Talisman Dubbo mino for an approximate realisation of £362. WAITAHU RETURN. The Waitahu Gold Mining Company Ltd. reports that a further partial wash-up in No. 14 paddock resulted in a return of 41oz 13dwt for 30 shifts of eight hours 1 each. BEET SUGAR. -Press Association—By Telegraph—Copyright LONDON, November 25. (Received November 26, at 1 p.m.) Beet sugar: December delivery, 5s BJd. METAL MARKET. Press Association—By Telegraph—Copyright LONDON, November 25. (Received November 26, at 1 p.m.) Copper: Standard, £37 11s 10$d per ton: forward, £37 16s 10Jd. Electrolytic: Spot, £42; forward, £44. Wire bars, £44. Tin: Spot, £IBO 17s 6d; forward, £IBO 17s 6d. Lead: Forward, £ls 15s; spot, £ls 13s 6d. Spelter: Spot, £l4 15s 7sd; forward, £l4 19s 4*d. Silver: Fine, 19 11-16 d per ounce; standard, 21id. BRADFORD MARKET. Press Association—By Telegraph—Copyright ' LONDON, November 25. (Received November 26, at 11.45 a.m.) Bradford topmakers are inclined to hold out against unreasonable concessions demanded by users. There is fair hand-to-mouth consumption. Quotations for tops:—Merins: Seventies, 28id; sixty-fours, 27d; sixties, 26d. Gross-breds: Fifty-eights, 24id; fiftysixes, 23d ; fifties, 20d; forty-sixes and forty-fours, not quoted. LONDON WOOL SALES. ACTIVE COMPETITION. Pr«M Association—By Telegraph—Copyright LONDON, November 26. (Received November 36, at 1 p.m.) At the wool sales 6,043 bales were offered, including 5)83 from New Zealand, and 4,981 were sold. There was a good selection, chiefly Australian greasy merinos. The competition was active at full current rates. New Zealand greasy half-bred, “ Stonewall,” fop, 12|d; average, md. The sales will conclude to-morrow instead of on December 1. ! SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, November 25. (Received November 26, at 2.15 p.m.) Bonds: 3 per cent., 1948, £93 11s 3d; 3L 1949, £100; 4, 1941, £lOl 17s 6d; 4. 1987, £lO3 12s 6d; 4, 1961, £lO4 ss. Shares: Australian Gas “ A,” £7 6s 6d; Broken Hill Proprietary, 60s (rights, 27s 6d); Electrolytic Zinc, 45s 6d; General Industries, 18s 9d; Huddart, Parkep,, 42s 6d. BUTTER, CHEESE, AND EGGS. Press Association—By Telegraph—Copyright LONDON, November 25. (Received November 26, at 2 p.m.) Butter is steady. Danish, 141 s and 1425. Choicest salted—New Zealand, Il4s and 115 s; Australian, 112 s and 113 s. Unsalted—New Zealand, 120 s and 1225; Australian, 116 s and 118 s. Cheese is glow. New Zealand —White, 68s 6d; coloured, 76s 6d. Australian— White, 67s and 67s 6d; coloured, G6s and 66s 6d. Eggs; None offering nominally. Sixteens, 13s 9d and 14s; 15’s, 13s 3d and 13s 6d; 14’s, 12s 9d and 13s. REPAYING £150,000. [Per United Press Association.] CHRISTCHURCH, November 26. The New Zealand Farmers’ Cooperative Association of Canterbury intends to repay £150,000 of secured deposit stock, equal to one-sixth of the total amount outstanding. Stockholders will be asked to agree to the following proposals:—That a ballot be taken for repayment of £150,000; that future ballots be held for the repayment of further sums at at the discretion of the directors after giving a minimum of six months’ notice ; that repayment of the_ balance of the principal sums, or instalments thereof, be extended for a period of 10 years from the respective dates of maturity after December 31, 1938. LONDON STOCK EXCHANGE. Press Association—By Telegraph—Copyright LONDON, November 25. (Received November 26, at 1 p.m.) The following are the latest quotations of Government securities: — Consols, 24 per cent. £75 10 0 Funding Loan, 4 p.c., 1960-90 ... 11l 15 0 Assented War Loan 100 15 0 Conversion Loan, 34 100 17 6 Victory Bonds, 4 (ex div.) 110 15 0 Commonwealth, 5, 1945-75 ... ... 108 13 9 Commonwealth, 4, 1943-48 ... 102 7 6 Commonwealth, 3|, 1948-53 ... 100 5 0 Commonwealth, 31, 1956-61 92 2 6 Commonwealth, 3, 1955-58 89 13 9 New South Wales, 4-[, 1935-45 ... 99 0 0 Victoria, 3, 1929-40 96 0 0 Victoria, 4i, 1940-60 105 15 0 Victoria. 5, 1945-75 108 10 0 Queensland, 3, 1922-47 97 0 0 Queensland, 5, 1940-60 105 5 0 South Australia, 3, 1916 79 13 9 South Australia, 5, 1945-75 ... 108 7 6 West Australia, 5, 1942-62 102 10 0 Tasmania, 3J, 1920-40 102 17 6 Tasmania, 4, 1940-50 102 12 6 New Zealand, 4*, 1948-55 104 17 6 New Zealand, 34-, 1940 102 13 9 New Zealand, 3, 1945 ... •... ... 98 10 0

MOUNT LYELL SHARES. Press Association—By Telegraph-rCopyrighl LONDON, November 25. (Received November 26, at 1 p.m.) Mount Lyell shares are quoted at 22s 9d, ■■ NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, November 25. (Received November 26, at'T.4s p.m.)' New Guinea Gold shares are quoted at Is 9Jd. , BANK OF ENGLAND RDTDEN. Pres* Association —By Telegraph—Oopyrifhl LONDON, November 2S. (Received November 26, at -1 p.m.) The following is the Bank of England return: — —lssue Department.— Note issue in circulation ... ... £480,400,000 Bank department ... ... ... 66,000,000 Government securities 207,700,000 Other securities 1,300,000 Silver coin ... —Banking Department.— Rest ... 3,300,000 Public deposits ... 35,400,000 Bankers’ deposits 83,600,000 Other accounts ...... 36,300,000 Government securities 76,100,000 Discounts and advances 8,600,000 Other securities ... 20,900,000 Notes and coin 67,500,000 Ratio of reserve to liabilities is 43.45 per cent. The Bank of England discount rata remains unchanged at 2 per cent. WHEAT, FLOUR, ETC. Press Association —By Telegraph—Copyright LONDON, November 25. (Received November 26, at 12.20 p.m.) Wheat cargoes are down. Parcels are lower. Futures.—London; November, 41s 6Jd; March, 40s Bd. Liverpool; December, 7s B|d; March, 7s 6Jd; May, 7s 6Jd. The spot trade is quiet. Australian ex ship, 425. Flour is lower. Australian ex store, 31s 6d and 325. The American markets closed for a holiday. SALES ON 'CHANGE.—THIS DAY. Auckland.—First call: Westport^ Stockton, 2s 7d; Broken Hill Proprietary, 59s 3d; M'Kenzie’s (rights), 41a 6d; Woolworths (Sydney), 24s 9d; Mount Lyell, 31s 9d; -Mount Morgan, 11s sd. . Noon call: Australian Glass, 85s; Broken Hill Proprietary, 59s 3d (2); same (rights), 27s 3d (2); Dunlop Rubber, 21s 9d; Electrolytic Zinc (pref.), 47s 9d; Coles, ,81s 6d, 81s j Taranaki Oil, 6s 4d; Woolworths (Sydney), 24s (3). Wellington.—Sales reported: Goldsbrongh, Mort, £1 11s; South British Insurance, £4 18s 3d. Noon call; Union Bank, £9 6s (odd lot): Bank of New South Wales, £32_7s 6d; Dunlop Rubber, 225; Broken Hill, 59s 3d. Christchurch.—N.Z. Breweries (cum div.), 45s • Broken Hill Proprietary 69t 3d (2), 59s 4d, 69s 3d (2); Elcctrolytio Zinc (ord.), 44s 9d; G. J. Coles, 80s; Woolworths (Sydney, ord.). 24s (4) j Broken Hill South (cum div.), 34s 4d j Mount Lyell, 30s 9d (5); Mount Mor. gan, 11s 3d.