THE MINING MARKET

New Zealand Herald, Volume LXXV, Issue 22935, 13 January 1938, Page 7

THE MINING MARKET

MOUNT LYELLS STRONG OTHER METALS FIRMER Further improvement was shown by Mount Lyells in the mining market on the Auckland Stock Exchange yesterday. Business passed Is higher following steady strengthening throughout the day. Mount Morgans were lifted Id on sale". Other metals firmed. 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 Rise or Yield £ s d Fall £ s d m a xr* is tu Also.—Mount Morgan, 10s 7d. WELLINGTON EXCHANGE Sale Trice Yield Uo A Uen :: ll! io It Also: Mount Morgan, 10s 7d. CHRI£}TCHURCH EXCHANGE *°A u ' en :: miS Jo VI ■Mso: Mount L.vell, 31s Od| (-'• l ! Broken Hill, -',Bs 3d. ftSh Od Inofficial list: Wellington Alluvials, _.>s . ,jd. DUNEDIN EXCHANGE M DHto Ly . e ! 1 I: 1 lail 10 VI Mho: Mount Morgan, 10s (id (-)i North Broken Hill, 57s (a).

GOLD AND SILVER QUOTATIONS IN LONDON LONDON, Jan. 11 Fine gold is quoted to-day at £6 19s 8d an oz., compared with 16 19s 9d yesterday. Silver is quoted at 19 13-16 d an oz snot and 19 7-16 d forward, compared with* 19 <J-l(3d and 19W yesterday. The quotation for s'h'er at per fine oz. is 21 jjd, compared with 21Jd yesterday.

BASE METALS FIRMER ALL-ROUND INCREASES LONDON, Jan. 11 Following are to-day's quotations on the London metal market, compared with those of Jan. 10:

Buyers Sellers £ s d £ s d Golden Crown 0 3 9 0 2 0 4 0 9 Golden Dawn 0 1 6 0 2 5 Grey River .. O 10 0 — 0 Martha 0 14 0 0 15 Okarito — 0 3 0 Skippers Talisman Dubbo . 0 0 1 0 0 0 8 3 0 Waihi Invest, and 3 9. *8 0 Exploration 0 9 Waihi Grand June. 0 2 9 0 J 0 Auitralia and Fiji— Broken Hill South 1 17 0 1 17 9 Mount Lyell 1 14 r> 1. 14 7 Mount Morgan . . 0 10 4 0 10 0 North Broken Hill 2 15 0 2 18 (i Placer Development 3 13 a 3 1 (> (! 0 1) Rawanu .. • • n io 2 0 10 \Vgtn ; Alluvials .. 0 5 3 0 5

Jan. 11 ,Tan. 10 Per l Ion Per ton jj s (1 t H (1 Copper, stan., spot Copper, stan., 3 1110s Copper, electrolytic 4 1 44 •IS 4 8 0 to 4% r/ 3 0 4 J 13 4'-' 1'! 4(1 ir» to 1% lOVi 0 49 0 0 47 5 0 Copper, elect., wire 41) 10 17 ir> l(t ] ss 188 0 0 47 5 0 bars • • • • Lead, soft, spot • Lead, soft, forward 11) 4 10 4'/, 4 Mi 3 10 10 10 14 15 0 7% 4% 10% Spelter, spot • • Spelter, forward .. Tin, stan., spot • Tin, stan., 3 nl0S 0 12 12 0 0 6 15 11 3 85 17 185 12 10% (> 0