THE MINING MARKET

New Zealand Herald, Volume LXXIV, Issue 22685, 24 March 1937, Page 9

THE MINING MARKET

MOUNT MORGANS DROP WEAKNESS IN MARTHAS —%— Recent weakness in Marthas was confirmed by a sale lOd lower at 18s 9(1 in the mining market on the Auckland Stock Exchange yesterday. The announcement of the postponement of the dividend on Mount Morgans, which was expected this month, made shareholders readjust tlueir holdings and the shares sold Is 3d cheaper at 17s 3d. Mount Lyells eased. Closing quptations were: — Buyers Sellers i: s d .k. s d Alexander (los pd.) 0 lo B Bier River 0 17 0 22 (i illespie's Beach 0 17 0 IJO Golden Crown . . 0 4 3 0 6 3 Golden Dawn .. 0 ~ g J\inß Solomon . . Komata Keefs .. 0 7 0 0 8 8 Maori Gully •• 0, 0 fi/a Martha 0 18 0 0 10 0 Mataki Gold Dred. 0 } 0 Mataki Junct. 0 2 0 0 2 11 N.Z. Crown Mines (ex div.) 0 2 0 2 « Skippers . . 0 0 2 0 O 3 Talisman Dubbo 0 0 0 Wailii Invest. <fc Exploration 014 () " !■> % Waihi Grand June. 0 311 0 4 3 Australia and Fiji— Broken Hill South Mount Lyeli - !i '■* - JL 1 Mount Morgan 0 17 1 0 1 / (> Nth. Broken Hill '* {> Jj Rawang 0 13 4 0 13 8 Kampotiß Lanjut 1 l» u YESTERDAY'S BUSINESS Following is a of yesterday's transactions in mining shares on New. Zealand Stock Exchanges:— AUCKLAND EXCHANGE Sh le Price Rise or Yield £ s d Fall £ s d Martha 018 0 -10(1 *l3 3 (i ,\I(. Morftrin 017 3 -1k 3d t Also.—Alexander <1 5s paid*, 14s (Id; IJiiwa nir Tin, 13h Ti J. U noffic jji 1 list: Coromandi'l Gold, Is sd. WELLINGTON CXCHANGE Sale I 'rice Yield £sd £ s d Mount Lye 11 (2) 2 II 3 3 1H I Ditto . 2 o is J 0 10 Also. Mount L.vell, 51s, 50s Od, 50s 3d. CHKISTCHURCH EXCHANGE Mount Lyell 2 10 0 3 10 3 Ditto <3) 2 0 0 4 (i 10 Mount Morgan (5) 0 17 3 " Ditto ft) 0 17 2 t Also: Mount Lyell, 50s Gd, 50s 4d, 50i 3d (•'.), 1!»s tid, l!is sd (I); Hawang Tin, 13s Od; Waimumu Sluicing, lid. DUNEDIN EXCHANGE Moiiiil Lyell 2 JO 0 4 0 0 Ditto . . 2 0 O 4 0 5 Also: Austral Malay Tin, 7ls lid; Rawang Tin. 13s 8(1. •Based on Interim dividend at rate per annum, tlntorim dividend passed. MINING SHARES IN LONDON LONDON, March 22 On the mining market to-dav Mt. Lyells sold at 41s 10jd and New Guinea Gold at 2s 4id. BRITISH WAR LOAN (Received March 23, p.m.) British Wireless RUGBY, March 22 War loan. 3} per cent, was quoted to-day at £lO2 Is 3d, compared with £11)2 os on March 18.