THE MINING MARKET

New Zealand Herald, Volume LXXV, Issue 23143, 15 September 1938, Page 9

THE MINING MARKET

WEAKNESS IN METALS SHARP RISE IN LOLOMAS Most issues in the mining market on the Auckland Stock Exchange yesterday .showed reaction to overseas affairs. Broken Hill Souttf'were taken at a loss of Is 3d, while levels for North Broken Hill and Mount Lyells dropped considerably. Mount Morgans changed hands unaltered at 10s lid, with more available. An exception to the general weakness was a transfer of Lolomas at a full y;ain of Is 4d. Closing quotation were:— Buyer.* Sellers £sd £ s d aw •• •• 'o i « °r I Big Riycr . • " lio Black water .. Clutha 0 18 i - C'onsol. Goldfields . ° 11 Gillespie's Beaen .010 0 1 Golden Crown .. ;; ' Golden Dawn . . , n .( Cloldfields Dredging 0 0 1 J j -J M c a rtha ivcr : :: o«j e « Mataki Gold Dredg. 0 0 1 ' Talisman Dubbo . . Waihi Invest, and Exploration .. ?,® ? o3 l Waihi Grand June, 0-2 8 o J J. Australia and Fiji— Broken Hill South } » » Emperor .. • • u j.j u ffinT.KaVi :: ot o 05 0 Mt°. U Morgan l ford.) 010 8 010 11 No'rlh'°B ro kein Hill 22 0 2 4 0 Ilawang .. • • 0 8 0 u « -

YESTERDAY'S BUSINESS 1 Following is " a list of - yesterday's transactions in mining shares on »ew Zealand Stock Exchanges:— AUCKLAND EXCHANGE Broken Hill South. 2tts 3d; Loloma, 24s 10s; Mount Morgan, JOs lid. WELLINGTON EXCHANGE Mount Morgan, ,10s Od. CHRISTCHURCH EXCHANGE Glenroy Gold, Id; Broken llijl South, 30s '>d 3Us Id Mount Lycll, Wis .id, -><>B Ad' (U), 2(fs sd, 20s Id; Mount Morgan, lis (•_'), I 'is iJd; North Broken Hill, 4oS -d. 4?is'; l'awang Tin, 8s Id. DUNEDIN EXCHANGE Mount Morgan, lis. Km lld (1); Mount Lycll, &d; JSorfh Broken Hill, lob 4/aii. BRITISH WAR LOAN British" Wireless RUGBY, Sept. 13 War loan, .3 J per cent, is quoted at £IOO, compared with £lOl 5s yesterday. LONDON MINING MARKET LONDON, Sept. 13 On the mining market to-day the following sale was recorded:—Hulolo, £5 16s 3d.