LATE COMMERCIAL

Evening Star, Issue 23123, 24 November 1938, Page 16

LATE COMMERCIAL

SHARE QUOTATIONS. Press Association —By Telegraph—Copyright LONDON, November 23. (Received November 24, at 1 p.m.) Share quotations; Olutha River—buyers Is 6d, sellers Is 9d; Molyneux —buyers 7Jd, sellers 10£d. THE MONEY MARKET. Press Association —By Telegraph—Copyright LONDON, November 23. (Received November 24, at 1 p.m.) London discount and short loan interest rates, day to day loans, £ per cent.; fine trade bills, three months, 2i to 3 per cent.; bank bills, three months, f per cent.; bank bills, six months, | per cent.; Treasury bills, two months, 3 per cent.; Treasury bills, three months, 3 per cent.; New York call money, 1 per cent, y MOUNT LYELL SHARES. Press Association—By Telegraph—Copyright LONDON, November 23. (Received November 24, at 1 p.m.) Mount Lyell shares are quoted at 225. BULOLO SHARES. Press Association—By Telegraph—Copyright LONDON, November 23. (Received November 24, at 11 a.m.) Bulolo shares are quoted at £4 17s 63,

LONDON WOOL SALES. Press Association—By Telegraph—Copyright LONDON, November 23. (Received November 24, at 1 p.m.) New Zealand sales:—-Greasy halfbred, “ Howard,” 9Jd and 13£d; scoured merino, “ Oxford,” 16d. SULPHIDE CORPORATION. DIVIDEND ON PREFERENCE SHARES. The head office of the Sulphide Corporation advises that the annual meeting of the corporation is to be held on December 13. The directors will recommend at the meeting that a dividend of Is a share on preference shares be paid on December 22, subject to income tax. The rate of the income tax relief on the shares will be advisejl when it is determined. The transfer books in respect of preference shares are to be closed from November 28 to December 16, both days being inclusive. BULOLO GOLD DREDGING RETURN. Bulolo Gold Dredging Ltd. advises that for October the total gross production amounted to 19,5470 z of bullion, containing 13,4870 z of fine gold, from 1,260,000 cubic yards. The estimated working profit was 8,8220 z of fine gold. This production is equivalent to £llß,011, and the working profit to £77,192 on the basis of £8 16s (Australian price) per fine ounce of gold. CENTRAL SHOTOVER RETURN. The secretaries of the Central Shotover Gold Mining Co. Ltd. (W. A. Mitson and Company) report a wash-up of 28oz 12dwt. ■

SALES ON ’CHANGE: THIS DAY.

Auckland. —First call: Auckland Ga* (odd lot), 18s 8d; Colonial Sugar, £4B; 1.C.1. (pref.), 22s lid; Consolidated Brick, 7s 4d; Bonds (1946-49), 4 per cent., £9B 10s; Auckland City (194452), £IOO 10s. 12.15 p.m. call: Farmers’ Auctioneering (B pref.), 20s: Broken Hill Proprietary, 575; Colonial Sugar, £4B, £47 17s 6d, £4B; Dunlop Perdriau, 20s fid; Taranaki Oil, 12s Id; City of Auckland (1942), £IOO 10s. Wellington.—First call: 4 per cent. Stock (1946), £99. Unofficial list: C. and A. Odlin (ipref.), 18s fid. Reported: 3| per cent. Stock (1941), £97’ 10s; Auckland City 4J per cent. (1944-52), £IOO 10s; Bank of New Zealand, £2 Is Id; David Jones, £1 15s fid; Waldaa Shoes, 5s 4d. Noon call: Australian Consolidated Bonds (1950), £lOl 15s; Bank of New Zealand, 40s lOd (four sales), 41$; Union Bank, £8 10s; New Zealand Refrigerating (£1 shares), 17s fid; Henry Jones, _49s; Mount Lyell, 295. Overseas listings: Woolworths Holdings, 14s lOd.

Christchurch. —Bank of New Zealand, 4Ds 9d; Broken Hill Proprietary, 56s lOd; Dunlop. 20s sd; Grey River, 14s 6d; Mount Lyell, 29s 2d; Mount Morgan, Ss lid