COMMERCIAL

Evening Star, Issue 22464, 8 October 1936, Page 12

COMMERCIAL

PRICE OF GOLD. Press Association—By Telegraph—Copyright LONDON, October 7. (Received October 8, at noon.) Fine gold is quoted at £7 2s an ounce. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON, October 7. (Received October 8, at noon.) The dollar is quoted at 4.89 5-8. The franc is quoted at ,104 3-16. KING SOLOMON DEEP LEAD. MEN 'WITHDRAWN FROM ONE SECTION. [Pik Unhid Press Association.) GORE, October 8. The King Solomon Deep Lead announces that it has been found necessary to withdraw the men employed in one section of the mine, as it has become somewhat dangerous. Work is to be rationed in the meantime, until steps can be taken to permit of resumption of the normal operations. LONDON MONEY MARKET. Press Association—By Telegraph—Copyright LONDON, Octboer 7. (Received October 8, at 12.15 p.m.) Discount and short loan interest rates:—Day to day loans, J per cent. ; fine trade bills, three months, 2 to 2i per cent.; bank bills, three months, 9-16 per cent.; bank bills, six months, | per cent.; Treasury bills, two months, i per cent.; Treasury bills, three months, i per cent.; New York call money, 1 per cent. SALES ON ’CHANGE: THIS DAY. Christchurch.—4 per cent. Inscribed Stock, £lOl 10s; New Zealand Refrigerating (10s paid), 9s 4d (.2); Anthony Hordern, 18s 2d; 400 Broken Hill Proprietary (rights to Wellington Alluvials), 2s 4d (2), 2s sd; Electrolytic Zinc (pref.), 46s Id, 46s 2d; G. J. Coles (cum div., and ex 77s 3d; Gillespie's Beach, Is 4d. Reported: Bank of New Zealand, 39s 3d. Unlisted : Woolworths (Sydney, ord.), £5 Wellington.—National Bank, 60s; Taupo Totara, 9s lOd; Mount Morgan, 14s 6d. Auckland.—Morning call: Martha, 20s Id; Bank of New Zealand, 39s 3d; New Zealand Breweries, 51s; Fanners’ Auctioneering (£5 paid), 88s; New Zealand Loan and Mercantile, £35. Noon call: Commercial Bank, 18s 3d ; Farmers’ Trading, 19s; British Tobacco, 43s 9d; New Zealand Stocks (1938-52), £lO4 17s 6d; 1937-40, £lOl 10s; Bank of New Zealand (Mortgage Debenture),- £lO3 10s. iOs. _________