THE MINING MARKET

New Zealand Herald, Volume LXXIII, Issue 22402, 24 April 1936, Page 11

THE MINING MARKET

DEALINtt IN MARTHAS HARDENING IN VALUES . s More business was done in mining shares on the Auckland Stock Exchange yesterday. After a short period of inactivity interest quickened in Marthas and three parcels changed hands lid dearer at 19s 9d. The market closed firm, sellers quoting 20s to offers of 19s Btl. Waihi Jifhctions were done unaltered at 3s 9d, and there were also sales in Maori Gully N and Molyneux Dredging. Closing quotations were:— Buyers Sellers £ad £ a d Alexander (15a paid) 0 16 0 Big {liver . . .. 0 111 0 2 3 Blackwater ' . . .. 1 11 6 Gillespie's Beach .. 0 14 Golconda Holdings.. • 0 15 Golden Crown .. 0 8 0 0 8 9 Ditto > (con.) .. 0 7 9 0 8 6 Golden Dawn .. 0 2 9 0 3 4 King Solomon .. 0 2 9 0 8 1 Maori Gully .. .. 0 0 101 Oil Martha .. .. 019 8 .10 0 Mataki Gold Ilredg. 0 1 11 Molyneux Dredg:. .. 0 110 0 22 Mossy Creek 0 10 Skippers . . ..0 0 2 Talisman Dubbo .. 0 110 0 12 6 Waihi Investments/. . 011 3 012 3 Waihi Grand Juno. 0 8 7 0 4 0 Australia and FIJI— Krnmat Tin .. 8 5 0' ~ Kuala Knmpar .. 014 6 Mt. Lyell .. ..146 1 410 Mt. Morgan .. .. 0 16 4 Mt. Morgan Develop. 0 2 C Placer 5 18 0 6 0 0 Rawang .. .. 0 810 0 9 2 Tavua Gold Dev. .. 0 3 3 Upper Watut .. 0 8 3 YESTERDAY'S BUSINESS •Following is a list of yesterday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Sale Price Rise or Yield £ s d Fall £ a d Martha (3) .. 019 9 +ljd 711 11 Waihi Junction 0 3 9 10 19 6 Also. -Maori Gully, 11 Jd; Molyneux Dredging, 2s Ojd. CHRISTCHURCH EXCHANGE Sale Price Yield £sd £ s d Mt. Lyell (4) .. 1 4 6 2 0 9 Ditto . . . . 1 4 7 2 0 7 Also.—Argo Gold Is 6d (2); Gillespie's Beach, Is id: Mount, Morgan, IGs Id (2). DUNEDIN EXCHANGE Skippers, 3d; Molyneux River Dredging, 2s ojd. BRITISH WAR . LOAN British Wireless RUGBY. April 22 War loan, 3} per cent, is quoted today at £lO7 ilOs, compared with £lO7 16s 3d yesterday. NEW GUINEA GOLD SHARES LONDON, April 22 New Guinea gold shares sold to-day at 3s 2}d. MACKY, LOGAN, CALDWELL A decision to pay a final dividend of 3i per cent, making 6 per cent for the past year, was made at a meeting of shareholders of Macky, Logan, Caldwell, Limited, yesterday morning. The report and balance-sheet, published in the Herald on April 16, was adopted. Mr. E. A. Frethey was appointed to a vacancy on the board of directors and the retiring directors were reappointed. Mr. John Grierson was reappointed auditor.