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THE MINING MARKET

WAIHI JUNCTIONS FIRMER

DROP IN MOUNT MORGANS

Waihi .functions moved up slightly jn the mining market on the Auckland Mock Exchange yesterday. Metal shares weakened further, Broken Hill South suffering another setback. In the first sale for over a fortnight, Mount Morgans changed hands lid cheaper. Closing quotations were: —

YESTERDAY'S BUSINESS Following is a list of yesterday s transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Price or Ylel(1 £ H d Fall £ s d Waihl Junct. 02 11 +ld J 4 2 * Also—Broken Hill South. 48s Gd; Mount Morgan lis ,3d. WELLINGTON EXCHANGE < Mount Morgan, lis 4(1. CHRISTCHURCH EXCHANGE Sale Prlco Yield £sd £ s d Mt. Lyell (3) .. 2 3 4 *(| 18 0 Ditto (5) • ■ 2 3 3 J33 M Also: Broken Hill South, 48s 3d, 48ft fid: Grey River (Os 3d paid), 7a Id; Mount Morgan, Us 4d (4), lis Id; Rawang Ini. l-'s 7d; Skippers. 2d. DUNEDIN EXCHANGE Mt. Lyell (2) .. 2 3 0 *0 17 10 Ditto .. .. 2 3 2 *0 13 11 Also: Broken Hill South, 48s Od; Mount Lyell, 43s 3d <2). * Based on interim dividend at rate per annum.

PRICES OF METALS LONDON, August 20 „ Following are to-day's quotations on the London metal market, compared with those of August 25: < Aug. 20 Aug. 25 Per ton Per ton JL s d jF 8 d Copper, slan., spot 55 7 0 55 It) 4'A Copier, stan.3inos. 55 13 l'/ 3 50 4 4% Copper, electrolytic 02 0 0 02 10 0 to to 03 0 0 03 10 0 Copper, elect., wire bars .. .. 03 0 0 03 10 0 Lead, soft, spot 21 10 1 OVi 22 0 7 1 / a Lead, soft, forward 21 17 0 22 1 IOVi Spelter, spot .. 28 1 10V 3 28 15 7Va Spelter, forward. 23 1 10M, 23 19 4'/ a Tin, stan,, spot 201 0 0 202 12 6 Tin, stan., 3 rnos. 200 10 3 201 7 6

Buyers Sellers £ s d £ s d Clutha 0 3 4 0 3 10 Grey River 0 0 8 0 7 1 Biff River — 0 0 1 0 Blar.kwater 1 1 0 — Gillespie's Beach 0 1 1 1 5 Golden Crown 0 4 0 1 p. 5 0 Koinata Reefs 0 6 0 ' 0 0 0 Maori Gully — 0 0 (f Martha 0 35 2 0 15 8 Mataki Gold. Dredg 0 0 0 0 9 Mossy Creek .. 0 0 0 11 N.Z., Crown Mines 0 2 O 0 2 0 Skippers .. •' 0 0 1 0 (J 3 Talisman Dubbo Waihi Invest. — 0 8 3 0 — 10 0 12 Waihi Grand June. 0 2 0 3 0 Australia and Fiji— Broken Hill South — 0 2 f) « Mount Lyell 2 3 o 'A 11 0 Mount Moriran .. 0 31 0 0 3 Placer Development Rawanjj .• • Wellington Alluvials 0 0 12 0 3 7 4 0 0 1 12 7 0 u 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19370828.2.15.3

Bibliographic details

New Zealand Herald, Volume LXXIV, Issue 22819, 28 August 1937, Page 9

Word Count
488

THE MINING MARKET New Zealand Herald, Volume LXXIV, Issue 22819, 28 August 1937, Page 9

THE MINING MARKET New Zealand Herald, Volume LXXIV, Issue 22819, 28 August 1937, Page 9