THE MINING MARKET

New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 5

THE MINING MARKET

ONLY ONE SALE RECORDED MARTHAS DONE UNCHANGED A sale of Marthas at the current price, 21s 6d,' was the only business in the mining market on the Auckland Stock Exchange yesterday. Offers for Talisman Ptibbos were 4d weaker at 9s. but holders were steady. Closing quotations were:—

YESTERDAY'S BUSINESS Following is a list of yesterday's transactions in mining shares on Now Zealand Stock Exchanges:— , AUCKLAND EXCHANGE Sale Price Rise or Yield r £ b d Fall , £ s d Martha 116 WELLINGTON EXCHANGE Mount Moriran. 35s 9d. 35s Bd. 35s BJd. CHRISTCHURCH EXCHANGE Maori Gully, lo: Mount Morgan, 35s 7d. •Based on interini dividend at rate per annum. HUME PIPE PROSPECTS BETTER DOMINION BUSINESS Speaking lit tho annual meeting of Hume "Pipit! Company (Australia), Limited, in Melbourne, the chairman of directors, Mr. A. J. McLnchlan, said the company's progress had been duo to improved business conditions in Australia and Ni?w Zealand, and a general feeling of confidence in the future. "In view of our large increase in profits last year, an increased dividend is possible next year," he added. "Because of tho possibilities in tho future for developmental work in Australia, the policy of the board is to continue to strengthen its services " Mr. McLachlan said, also, that the prospects of Hume Steol, Limited, a subsidiary company, were bright. The company had increased its output Inst year by over 40 per rent

CALL AND DIVIDEND LIST Dividends J'"? Woolwortho (Syd.l—int., 2 p.c. To-day VVoolworths (N.Z.! —int.. pref., 2 7-10 p.c To-duy Northern Investment Trust—int., ord. 4 p.c.-and pref.. 2} p.o. and 2 p.o. To-day Yarra Falls—final, 4 p.o. Oft. 17 K.D.V. Boxes—final, 4 p.c. . . Oct. -21 South British Ins.—final. 1» 4d a share Oct. 24 Bank of Adelaide—int., 4 p.o. p.a Oct. SO N Z. Guarantee Corp.—final, lid n share . • • • ■ Oct. Sharland—final, ord. und pref.. 21 p.c. • • Nov. 7 Martha Mining int.. 6d a share Nov. 16 Macky. ' Logan. Caldwell—int.. 5 . p.c. p.a. .; Nov. 20 C. li innes—pref. and ord., 8 _ p.c.; al*<> pref. arrears .. Deo. 1

Buyers Sellers ■r , ■ ' ' " J- ;• £ s d £ a d Alcxnndor (15s pd.) — 0 15 0 Big River . . 0 1 9 0 2 2 Blnckwuter . — 1 13 .6 Consolidated iSoldfields Gillespie's Bi'ach — 0 17 0 0 1 1 0 1 3 Golden Dawn 0 2 10 0 8 1 Goldfields Dredging 0 0 2} 0 0 3 Hauraki Conuolidated 0 0 2. — King Solomon o a o 0 3 6 Komata Reefu 0 5 0 0 6 3 Mahrikipnwa — 0 0 1} Ditto (nrel'., 1930) — 0 0 3} Martha 1 1 8 1 1 10 Mataki Gold Dredg. 0 1 10} 0 2 0 Skippers Tnlisman Dufcbo — 0 0 3 0 9 0 0 9 9 Wnihi Grand Juno. 0 3 6 0 3 11 Wnitnhn 0 2 3 — Waipapa Beach 0 1 3 — Loloma 1 13 0 — Mount Ka»i .. 0 19 0 110 Mount Lyell 0 19 8 0 19 10 Mount Morgan 1 15 0 1 16 6 Mount' Morgan Dev. 0 2 6 0 3 6 Placer Development 5 0 0 5 10 0