THE MINING MARKET

New Zealand Herald, Volume LXXIII, Issue 22523, 14 September 1936, Page 5

THE MINING MARKET

FALL IN MOUNT MORGAN A SCATTERED INQUIRY Mount Morgans dropped back Id to l;3s in a transfer in the mining market on the Auckland Stock Exchange on Saturday. More were wanted at this figure. There was only a scattered inquiry. Closing quotations were: —

SATURDAY'S BUSINESS Following is a list of Saturday's transactions in mining shares on NewZealand Stock Exchanges: AUCKLAND EXCHANGE Sale VI .J Trico Rise or Yield £ s d Fall £ b d Mt. Morgan 013 0 -Id 11 10 0 CHRISTCHURCH EXCHANGE Snle Price Yield £sd £ b d Mount Lyell .. 1 0 0 *3 9 0 DUNEDIN EXCHANGE Okarito, ss. •Based on interim dividend at rato per annum. SYDNEY STOCK EXCHANGE SATURDAY'S BUSINESS SYDNEY. Sept. 12 Sales on the Sydney Stock Exchange

Commonwealth Bonds.—3 3 / per rent. 1040. £!)(); 1051, £OB 10s; 4 per cent. 10.58, £lO2 7s (id; 1044, £lO3 Is 3d; 1053, £ lO l ss; 1055, £101; 1057. £lOl ss. GOLD AND SILVER QUOTATIONS IN LONDON (Received September 13, 5.5 p.m.) LONDON, Sept. 12 Fine gold is quoted to-day at £6 17s 6d nil oz., compared with JC6 17s GJd yesterday, and £6 17s 7sd on Thursday. . Silver was quoted yesterday at lUid an 055. spot and forward, same as on Thursday. UNITED BUILDING SOUTHERN FIRM'S DIVIDEND The directors of the United Building Society of Christchurch (Permanent) have announced an interim dividend of 2i per cent, unchanged, for the hallyear ending September 30. It is payable on October 1. CANADIAN COMPANY PRESIDENT'S RESIGNATION LONDON, Sept. 11 Sir Newton Moore has resigned his position as president of the Dominion Steel and Coal Corporation of Canada, owing to ill-health. NEW GUINEA GOLD SHARES LONDON, Sept. 11 On the mining markfet to-day New Guinea gold shares sold at 3s 9jd.

Buyers Sellers £ s d £ s d Alexander (15s pd.) — 0 16 0 Argo — 0 1 10 Big River — 0 o 1 Blackwater 1 12 6 1 14 6 0 Consolidated Gold. — 0 17 Gillespie's Beach . . — 3 0 1 8 Golden Crown 0 4 — Golden Dawn 0 2 7 0 o 10 King Solomon — 0 1 4 Komata Reefs (ex div.) 0 5 6 0 6 6 Martha — 0 19 0 Mataki Gold Dredg. 0 1 0 0 1 4 Molyneux Dredge. . 0 1 5 — 0 X.Z. Crown Mines — 0 2 Okarito 0 4 0 0 — Skippers — 0 5 Talisman Dubbo . . 0 8 0 0 0 0 Waihi Invest, and 0 Exploration . . 0 10 G 0 11 Waihi Grand June. 0 3 4 0 3 8 Australia and Fiji—Mount Lyell 1 8 7 1 9 0 Mount Morgan . 0 13 0 0 13 1 Placer Development — 5 *2 G Tavua Gold Dev. — 0 2 3 North Kalgoorlie — 1 1 0 New Occidental . . 0 5 0 ——

to-day included: — £ s el Commercial Bank Australia 0 18 it a Hank Now South Wales . . o Cio!(lsbro\ig!i--Mnrt 1 IT a 0 Australian Gas (A) "• i r» 12 Toohey's 1 Anthony Horrlern .. .. 0 1!) 0 Associated News, (pref.) 1 3 3 British Tobacco . • 2 3 18 0 Broken Hill Proprietary .. 3 V 4 l / a 0 J) Punlop-Perdrlau Electrolytic Zinc 0 o 18 o Ditto (pref.) - 3 O. J. COICB 4 1 0 3 0 .Tames Stedman 0 18 Mark Foy 1 14