LATE COMMERCIAL

Evening Star, Issue 22975, 4 June 1938, Page 22

LATE COMMERCIAL

BRITISH TREASURY BILLS. Press Association—By Telegraph—Copyright RUGBY, June 3, (Received June 4, at noon.) The total amount applied for in tenders for £50,000,000 of Treasury Bills was £83,182,000. The average rate per cent, for the Bills at three months was 12s I.OId, against 10s 9.37 d a week ago. ARGO (RETURN. The return of the Argo dredge was 113 oz for 132 hours, 16,000 yards being excavated.—Greymonth Press Association. PIG IRON, ANTIMONY, ETC. Press Association—By Telegraph—Copyright LONDON, June 3. (Received June 4, at 1 p.m.) Antimony.—British, £75 10s; foreign, £44 (nominal). Molybdenite, £2 3s 6d per unit (nominal). Wolfram.—Chinese, £2 Is 6d (nominal). Pig Iron.—British, £5 9s; foreign, unquoted. BULOLO SHARES. Press Association— By Telegraph—Copyright LONDON, June 3. (Received June 4, at 12.30 p.m.) Bulolo shares are quoted at 106 s 3d. SEARCH FOR GOLD. GILLESPIE’S BEACH RETURN. The Gillespia’s Beach Gold Dredging Company advises that the wash-up for 113 hours’ dredging for the week ended yesterday was 520 z lOdwt, 14,400 cubic yards. Five days were worked on the beach section and one on the lagoon. THE METAL MARKET. Press Association—By Telegraph—Copyright LONDON, Juno 3. (Received June 4, at 1 p.m.) Following are to-day’s quotations on the London metal market, compared with those of Juno 2: —

SALES ON ’CHANGE: THIS DAY. Auckland.—Morning call: New Zealand Insurance, 58s; G. J. Coles. 81s 9d; Mount Lyell. 23s 3d; Mount Morgan, 8s 10s, 8s lid, 9s (4). Christchurch. Woolworths (N.Z., ord.). 20s; Woolworths Properties (rights), 3s lid; Grey River, 12s (7); Mount Morgan, 8s lid (2). Reported: N.Z. Refrigerating, 10s paid), 8s sd; Woolworths (N.Z.), 20s; Woolworths (South Africa), 16s; Taranaki Oilfields. 9s (2). 9s Id; N.Z. Breweries, 425. Wellington.—Bank of Australasia. £9 13s; Taranaki Oil. 9s. Reported: Huddart, Parker (pref.). £1 8s 6d; Broken Hill, £3; Mount Lyell, £1 3s, £1 3s Id.

June 2. June 3. Copper— £ s. d. £ a. d. Standard, spot 33 19 4i 34 10 0 Forward 34 3 9 34 13 9 Electrolytic, spot 37 15 0 38 5 0 Forward 38 15 0 39 5 0 Wire bars 38 15 0 39 5 0 Lead— Spot 13 11 3 13 11 104 Forward 13 14 4J 13 15 0 Spelter— .. . . _. - Spot 12 6 104 12 6 104 Forward 12 10 74 12 11 104 TinSpot 167 17 6 170 7 6 Forward 168 7 6 170 17 6 Silver— * Fine, per oz ... 18 15-16d 19 l-16d Standard, per oz 20 7-16d 20 9-16d