Please wait. Contacting image service... loading

Article text

stocks and shares.
Improved -prices were obtainable for tlie
longer dated Aletropolilan 4s on AVednes-
day, when buyers offered £103 10/. A
parcel of Geelong AA'uler AArorks 4V, due
1910, had reported quittance at £101, while
an afternoon buyer of the new loan bid
£101 ,2/0. City of Melbourne 3% per cent,
securities realised £90 10/, and AVeslcm
Australian Government 4's brought £101.
A quiet Change ruled on account, of bank
shares, A'ietoria, preference, closing worth
upwards of £12, anil small lots of National,
ordinary, bringing £5 10/. Land Mortgage
Bank >Imd afternoon quittance at 22/0 when
it became known shareholders had rejected
tlie proposal to dispose of the company's
assets ii|Kui the basis of 24/ per share — 8/
per share in cash, and 16/ in 4 tier cent,
deposit receipts. A.D. and AI. Bank, de
ferred, scrip brought 12/(1. Goldsbrough,
Alort finished obtainable at the fraction-ally
reduced figure of 51/, and there was busi-
jiess in Dunlop Rubber, ordinary, for 32/.
Kitchen and Sons realised the further en
hanced price of 80/, and there were offers
of 51/3 on account uf Howard Smith, ordi
nary. Trade occurred in J. D. Williams
Amusements at 31/, while Amalgamated
Pictures — a recently floated Melbourne
company — sold for 0/6, a premium of 1/6
upon the flotation pi-ice. Alelbourne Tram
way firmed at .42/0, and the higher price
of £5 2/ was given for Rilverton Tramway,
new issue. Amalgamated Zinc (De Buvay's)
changed hands between 32/ anil 31/7%, but
Broken Hill AVuter Supply scrip continued
wortlii upwards of 19/3.
The bulk of the business in iliter-State
mining stock occurred in copper interests,
Tbimpden-Uloiicurry again providing turn
over of substantial aggregate. After selling
freely as high as 30/, rates receded to 29/6;
while .Mount ' Elliot -hat' quittance for £5
9/. There were offers of 30/ for Alount Lyell
AI. and II.— shareholders will he interest
ed in the information resjieeling the strike
at the company's superphosphate works at
Yarraville, given- in another column. Great
F'itzroy sold as low us 8/1, with later busi
ness at 8/4. Steady support was once more
accorded Gippsland copper interests, and
the paid shares brought tlie top rato oi>
11/.
A sharp advance to 90/ in values for
Central Red, White and Blue, stock,
upon local advices, provided the feature
of the gold section. Collmann and Tacelu
had inquiry at the higher rate of 7/',
and Johnson's Beer found support
at the improved figure -of 26/3, while a
buyer of Clarence bid 9/, and there were
offers of 5/ for Bird's Reef. Interests .in
tlie Ajnx group were in slightly better
favor. Catheart, contributing, changed
hands -between 6/3, 6/6 and 6/4. but New
Langi Logan scrip was fractionally weaker
at 7/3. Little inclination was s-hotvn to
trade in members of the Bullfinch group,
Western Australia, Fr/ji ietaty stock being,
offered at the lower ngure of 25/0, while
Great F'ineli had trade at lOd.
Having -come lo the conclusion that it
will take an expenditure of at least
£15,0Q0, spreading over six months, to
place the Alni-vcl -Loch property upon a
commercial basis, the board have wisely
put, the whole position frankly before
shareholders, when asking them to support
a reconstruction scheme which provides for
tlie sale of the mine to a new company,
with it nominal capital of £50,000, divided
into 100,000 shares of 10/ each.. An extra
ordinary meeting will be held on 11th
April to authorise the proposals of the
hoard, tinder which holders of pnid up
shares (n the present company will be al
lotted one share in the new association
paid up to 2/0 for each paid up share now
held, and holders of contributing shares
will be allotted one share in the new com
pany, paid up to 1/, for each contributing
share held. At present the Marvel Loeli
Company, after providing for the purchase
of preliminary plant to enable unwatering
operations and shaft sinking to continue,
is nractically without funds. It is estimated
that during tlie process of shaft sinking
and further development of the ;i)iine .at
least '£1000 per mouth will.be necessary .'"In
a special report on the mine equipment by
Messrs, F. Savage and T. I. Dyson, it is re
commended that. the whole of the existing
mill be taken down, and an up to date
plant capable of treating '2000 tons of ore
per inenth erected, toother with a slimes
plant and a. calcining furnace. It is further
recommended that tlie main shaft be sunk
200 feet and a vigorous policy of systematic
development work earned out at the No.
4 and No. 5 levels.
J, "The vLe|ider'.', mining .pugq , contains; a
rplan of . the V working.! -' -in.- thd . D itkh 'tirid
Alain Leads Consols, Ilavelock, and answers
to correspondents upon matters connected
with the course of rates for Investment
stock , and mining shares,- together with
comments upon the general position at the
Hiimpden-Cloircurry property,' and other
mining topics of immediate interest.
Alcssrs. AV.'H. Smith and Co. and Air. J.
AV, 11. Bradbury, of the Stock Exchange of
Alelbourne, report the flotation of the Com
monwealth Board Alills Limited, the shares
being over applied for. Tlie company 'lias'
been,': formed for the purjiose qt rmakiiigi
straw-board',' which is the -material :Used;,Jn:
the manufacture of. cardboard boxes, the dS-!
mand for which has more than doubled
during tlie last five years. The nominal
capital of tlie company is £20,000, in 20,000
shares of £1 each, of which' oiie-liulf are 7
pet- cent, preference, and the remainder or
dinary, shares; 12,000 shares, . being 0000 ;
preference and 6000 ordinary, have been
issued at 5/ upon application and- 5/ upon
allotment. The balance will be obtained in
calls, if required, after lite lapse of six
months. Tlie company's factory .is situated
at Abbotsford.. ,, '
Tlie following- arc "AV'cdn'esdavV closing?
prices, showing the riScs (R) and falls (F)
compared with Tuesday!)!:—
investment STOCK.
' ' I Ri«"
Comtuny. Bug. Sell, j Sales/ tor fall
BONDS, ' , - I"
City Motb., 3Vstl x
"1931 96 7/C 96 10/ 96 10/ —
Do.. 3&, 1936 9G 7/C £» W — —
City Wellington, -i, / -
.1923 .. .. — 03 10/
Gci'loug Water, 4,
1010 : - lOlt —
Dt»,, new loan .. 101 3/6 1015/ .
Met. Bd.. 4 1913 — 100 15/ ,
Do., 4, nay... .. — loss/! _
"Do., 4, law ..103 5/ 103 10/"
Do., 4, 193.1 .. .. 10310/
Do., 4, U»J8 .. .. 103 7/0 ' — " » : . .
Du.. 4, 1913 V 103 7/0 - ' " ! -
Do., 4. -1011 W 101 10/ — ' 103 10/ , 112/G.
Do., 4, 1917 ..10.110/ — - : It 2/0
Do., 4, 1919 .. .. 103 10/ ' —
Do.. Z%, 1917 .. 98 5/ 93 10/
: Do., 316. 1927 — 97#
Do., iHi. 1M9 .. 93 5/ 97
Do.. 3b 1933 .. 97
. Do., Sfc,' 1036. .. 96 15/ "
Mohan, lias, 1, , .
1933 .. .. ..lOllO/ - ' "
N.7i.. -li 1>J21 .. .. 101 —
Surings Bank, 3',£,
1924 - — 93 < . - '
Victoria. 4, 1923 .. — 102 r
Do.. 1921- .. »5/ 99
. Do.. . 3V4, 1926-U \ ;
. (tlebd.) — '93 5/
,Do. 3%, 1016 . . . . .
(Treos. bonds) — 99 10/
Do.. 3K. 1917 7 ; ,
(stock) .. .. .. ' — 99 10/ '
r Do., 3. 1930 .. 89 89 10/' . A
Do., 3, 1932 .... 89 . , — ,
Do.. 3 (stock).
1917 .. .. .. .. 31 85 '
Do., 3, (stock) . \
1929 81 — - ' - . 7
W. Australia. 4.. 100 .
j Do., 4 (stock) .. — 10110/ . . 101 / —
BANKS. \ . .
Australasia. .. .. . — £120
Colonial 7/ 42/
Do., prcf £13
Commercial .. 1;/9V , —
Do., prof £o 19 .26 ' ,
13.. S. and A. .. £13 £13 10/ ;
London £6 £6 10/ .
Do., )ncf. .. AH 19 5 — '
National £5 9/ £5 10/ 1 £5 10/ i- '
Q'iand National.. -40/ 41/ i
Itoyal 25/7% 25/0 4
TTdlon — £67 10/
Victoria £5 2/0 £5 3/
Do., pref £18 £12 3/
DEPOSIT KCT3. ,
Special Assets . . '
Tiust .. ..... 19./0 — . ' . '
K.S.A., prcf.. 3 .. W ,
Do., def., do. .. 18/6 — v ,
Do., debs., 4 -.. 18/6 18/8
Isondon 20/ ' — .
Melb. 1). Roe. .. 17/Q —
MIS'DANEOUS. ...
A.D. & M., ord,v; 2/2 — '
Do., pref 30/6 31/6
Do., deferred .. 12/6 12/9 12/6 —
Arsus Bide.- .. .. — £6 10/
Amalts. Pictures 6/6' —
'Amnltf. Zinc (De . ,
Bavay) .. .. .. 31/6 31/7Vi 32/, 31/7Vi P 0/6
Aiutral Hat Mills 31/ 33/
Do., pref 22/6 — .
Aust. Kodak.. .. 31/ 31/
Aust. Pajht Mills 28/6 29/-
Barnet Glass, pref. .
A ,. 23/6 23/9'
Do., part. 11 .. — 22/4
Hri;bton Gas, pd. 23/0 ; —
B. Hill Water .. 19/2 20/
Carlton Brew.. 2/
_ P«H 11/8 - 11/7,11/8 -
Cascade Brew. .. — 9/9 ,
Oust. JlrCAV 12/ 12/2 12/, 12/21 —
Oast. Gas — 90/ .
Colonial Mutual.. 42/ 42/6 42/ ; li d/6
Oom'trcallli Bc«l - 20/ ' , V'
County Boiirke ..31/ . — .
Denilinuln Hall. 80/ — '
Denton lists .... 44/ — '
Diuilop Bub., ord. 31/0 32/ !5 \j p n/a ;
Do., pref. .. .. 50/6 52/ .
Emu Bay Bail. — ,3/9 ,
Do., pref.. A .. 12/ — -
Federal Building — 21/.
Fed. P. Hotel .. fi/ 7/
Fitzgerald Brmv. 31/ JL
I'ostw Itrow 26/7V4 27/
j l'Veebold Artsetf ..27/ —
1 Goldsbmugb .. ..I 60/0 . 51/ 3V FO/iI
II. .Uyiftj .. .. ..I rt/10 - Itu
j Herald & W erklyl
I Times .. ... .. 46/j 47/
I Do., pref. .. ..I wt/6 —
I Hoffman Brick ..I 13/:$ 13/9 ; v
4 Howard Smith ..51/3 51/6
I Da, pref « ..) 21/8 — ,
INVESTMENT STOOK.-tConUnued).
I " 1 | ItLts
Oompany. Bny, j Sell, j Salra. or fail
Hydraulic ,16/0 17/- W(P —
I.O.A 7/ 7/2 7/2 —
A. l\ Williams'
Amusements .. 31/ —
Kitchen nnd Htm 80/ - 79/, 80/ B 1/
Kami Timber.. .. 16/3 '10/6
Du., pd — 36/6
Land, Mort, Bunk 22/fl 2!/9 22,0 -
Latrolte Shale.. .. 1/9 2/6 2/ —
Melb. Building .. W 17/0
Mark Mil., iki. .. — 12'
Melb. Tramway .. 42/9 42/1016 12/9 1 0/IH
Molb. Trust 4/0 ' 4/8 4/7 -
Do., dtb. otock , 18/0 —
MciranHle Bunk
A.vct 21/ - — „
Mctmp. Gar £11 1/ £11 3/
Modern Building . .W 40/ 38/9 It 0/6
Mutual Store.. .. 27/ 27/3
X.»\v N'coU? Brick — </
Notlbcote Brick . 15/9 ltt-'l
Porkln#' Brew. .. 40/ 41/
I'enietuiil Exec. .. — 21/
lrmeu-.in, W.. Co 16/ 17/6
Port Swittcuham 17/6 18/ 18/ It 0/3
rotter's Sulpidde 1/6 2/
Queensland Pine . 17/3 17/9
Do., pd ".. 21/0 21/ — BO/3
It«htnsuf»nco .. .. — 7/ x
Shamrock Brewery — 18/4
Silvorlon Train. ..£3 1/ £5 2/0
Do., new issue £5 1/ — £5 2/ U 1/
Squatting Inv. 32/ —
Swallow & Arietl 20/ 20/3
Swan Brew 75/ —
Do., pref. .. .. 24/ -
Sydney Hyd - IV _
Sydney Ice 32/ 32'3 32/6, 32/3 F 0 3
Tbejitro Itoyal ../ 10/ — I J
Truatecft Kxec. ..42/ —
Union BuHdlng .. £4 18/ £5
T/nlon Trustees .. 23/6 --
Unirvitw;! Bldg. 15/6 16/6
Vict, BIdg. .. 1/6 2/6
Victoria Coifce . . 10/ 11/6
Woods-Gilbert . . 63/. 70/ C 6/ It 1/
\Vt|ndcrlieh .... 24/ 24/6
minino sharks, ;
coppisr.
Central Balfour 1/7 1/8
Do., pd — 7/1 7/ -
Glppshmd 9/0 r — BO/3
Do., )k! 10/9 ' 11/3 10/9, 11/ U 0/9
Great Fltzroy.. .. 8/2 8/4 8/0. 8/1, 8/4 F 0/6
MamiMWn-C'curry 29/4% 29/6 29/10%. 3 «/, F 0/3
29/6
MacC»iv«or-CI'>u-
curry 3/ — , ,
Mt. Balfour .. .. 30/ 40/ — y y
Mt. Ball our No. 2 £3 10/ £5
Mt. CutUbert .... V 2/6
Mt Elliott .. ..£5 8/6 £3 9/6 £5 9/ F 1/
Mt. By ell M. & II 30/ 33/9 — R 0/3
Nft. Lyell Blocks 1/1 —
S. Balfour .. .. 69/ 70/ 60/, 70/ R 5/
Tasnmn & Crown
Lyell Kxtd. .. 0/316 0/4
HOLD.
Ajax 12/ 13/ — R 0/
AI 3/U —
Barrftmbio Ranges 0/6 1/6
Uendoc 2/9 3/
Bird's Beef .... 6/ B/8 — . U 0/3
Bulrush .. .. 2/5 2/10
Bullfrog £5 £10
Bullfinch I'ropy, .. 25/ " 25/9 "" — K 2/
Biilltlnch S — 1/9
Buvnt Creek .. 2/1 — 2/1,2/2 —
Cameron's Ajax — 0/4
Campbell's Ck. .. — 1,1/C
Casjillis 1/ —
Cntljeart 6/4 6/6 0/3, 6/6, 6/4 B 0/4
,.Do., pd fl/4 6/ — B 0/3
Catheart Centra 2/2,. . 2/3 2/1,2/2 B'O/L
Cent. Bed, White,
Blue 87/ 90/ - 85/, 90/ It 8/
Champion 5/6 — — U U/l
Christcusen's Ajax , , 0/6V4 —
Clarence Uci 0/
Coll, & Tncchi .. 7/ : — R 2/
Diamond Ck. ..3/ 4/6
Duko Kxtd 0/3 '1/
Do., pd — 14/6 -
Fred, the Great 4/9 5/3
Frenchman's Beef 8/4 8/9 ' — F0/3
Do., ih! 7/ ; 8/6 v
Frenchman's Beef
„ Sontli 1/U V l/io, V 11 0/2
Gully ' ; '
Consols .... 0/0
Golden Butterfly . — ' V
tlleninona — ' 5/G
Grant 1/ —
G.S.G. Amlgtd. .. 0/4V6 - '
Do., pd 1/ —
Oiccntlnch — 3/
Gt. Boulder .. 48/4 18/9
Gt. Boulder No. 12/3 3/9
Great Chatlinch .. — , 2/6
Great Finch .. .. 0/10% 0/11 o/io —
Grant Poseidon .. 2/2 —
Hustler's Beef 12/ 15/6
dohtisnn'a Beef... 26/3 20/9 26/r 26/3 HO/3
Koch's Pioneer. .. . — 13/9 ,
Lnngi I.opun N... 0/4 0/8
Langi Lognn S... 1/7 '
Do., pd 4/3 —
Lontr .Tunnel .. .. — 23/
Long Tunnel Extd. 2/ 6/
Lord Xelsou .. .. 13/9 — '
Mauritius and
Frenchman's.. 2/9 5 3/ 2/9 —
Mnori Queen .... — £19
Do., pd — £19
Mamroa 15/
Marvel Loch .... — l/l
Do., pd 2/2 j—
Mountain Queen
Consols .. .. 0/4 ,0/9
Mt. CoiK-lnnd.. .. J/w , Vl'A 4/1,4/2 V OA
Mt, Morgan .. .. 67/ . —
Monument 71111;. . 3/3 . —
New Jtrucc'a . 0/0 o/o — -
New Knhinoor' 0/8 1/3
Now- Langi'. Login 7/2 7/4 — F 0/2
Nell -Gwynhc 2/11 ' —
New Shetmndoah.. 4/ 4/3
N. Frenehman'a .. 0/6 0/9 —
N. Johnson 1/6
Nugftety Ajax .... 10/0 10/9 10/7,10/9,10/8 -
Numteiy Ajax N. 15/9 , 17/
NrtgRctv Ajax S... 0/2H 0/3 0/3 -
OUl JuVilec 4/6 ' 6/9
Olive Branch.. .. — . 0/8 0/7 —
Pearl ,3/3 3/9
Pitcher's Reef.. .. 0/3 0/6
Poseidon.. .. .. .. 8/3 ' '15/
PjTMiees .. 2/4 —
Snvnges Option .. — .70/
8. Berry — 14/ 14/ F 0/3
Scbastopol Plateau 0/6 —
Star of Krip.. j .i 3/-., 73/3. 3/1% , — .
Star of ithcrt West ; «- \ ,'-. 4/- > . — j
Swiss Mount .. — .0/9 I
Wallaby Consd. .. 1/. |
W, Berry Coireola 1-0/8 0/D 1 I -
Williams s Fancy 7/ 8/1
William Tell .... .. 6/2 6/4 6/2, 6/3 F 0/2
SILVIflR-DELVD. .
BroWn Hill ,.\X/ | 30/3 | .36/3 | - .
HZ Hill Block 10 32/R 33/
B. Hill British .. 14/6 15/3
B. Hill Jncu. ..2/ —
B. Hill Jncn. N. 17/9 18/6
B. HIM South ..»/ —
Do., do„-.isl, ..£5 6/ £5 10/ — HI/
B,. Hill S. (Blocks 21/3 22/6
Huftniles ' 11/ 12/
North B; IIU1 88/ " 83/ — F 1/
TIN.
Bourko's Hill ., 3/ —
BrK-Ls .% .. .. 7/ 7/t — R 0/1
Cope's Ck. Central 5/ 10/
Melb. aijxs's Ck. 4/9 6/6
Do., pd 4/G —
Mt. BJsahofT Kxtd. 5/6 - -
Pioneer .. .. ... — 23/0 '
Stanley Reword,
Pd 5/ '
TJmglcah OTarborl 3V9 | 16/ 31/6. 31/3, R 0/9
V -Water „ .. ..j 16/ | 17/
Note,— IndicAte8 small lota, tln'dicates parcels.
The1 FOLLOWING SALES -ere REPORTED by '
MEMBERS' of the STOCK" EXCHANGE ot MEL
BOURNE:- -
WARD., and Co., Stock and Share Brokera, 383
Collins-Htrcet (telephone 3510); also at Adelaide:—
Melbourne and Metropolitan Board of V.'orks,
3% per -cent., 1S3U, cud 15/. , Goldsbrough,
Mort and Company Limited, 51/i . Silrertou
Iramway Company Limited (new i66ue), it 5 2/.
Amalgiunatcd Zinc Company Limited, 32/, 31/0.
Ileni-y Jonca Co-operative -lam Co. Limited-
24/10. Insurance Ofllee o( Australia Ltd., 7 /'
Great Fitzroy O.M. Co., 3/3, 8/2, 8/1, 8/4.
Hampden (Cloncurry) C..M. Co., 20/10(4, 29/0.
ClilUogoe Railway and Mines Coi Ltd., 7/. Tone-
kali Harbor Tin Dredging Co. -Ltd., 34/0, 34/3."
Great Finch G.M.- Co.. 10.1. Olive Branch tl.M.
Co., 7d. -- Catheart Projirietary O.M. Co., 8/4. 1
New Brucets Cl.M. Co., (id. Latrobc- Shale and
Oil Company Limited, 2/.
F. W. IIOLST, Sharebrokei;, 07 Queen-street (tel.
1581), . and- at Exchange, nnllarat:— -
fiiunpilen Cloncurrv C.M. Co., 20/1014. Ainnl-
gamateii Pictures Ltd., 0/0. Frenclmmu's Reef
South G.AL Co., 1/10, 1/1014, 2/. Mauritius
and l-rciichman'a fl.M. Co., 2/0.: Giant O.M.
Co., 1/2%. Mount Copciand O.M. Co., 4/2,
4/. New Brtice'a G.M. Co., Od. Nuggety Ajax
Soutli G.M. Co., 3d. North Frenelnnnn's Reef
O.M. Co., 8%d., Od. William Tell O.M. Co.,
0/3. Chrtztcnscn'a Ajax G.M. Co., 0%d. East--
era Star G.M. Co., I/O, l/7.« Swiss Mount C.M.
Co., od, . . . . . ;
JOHN GOODALL and Co., Stook and. Shave
Brokers, Austral-chambers, 99 Queen-street. Tel.
801.
DONALDSON and Co. (J. C. Luxton, member
Stock Exchange, Melbourne), 318 Collins-street.
Tel. 1103.
J. B. WERE and SON, Stock and Share Brokers.
Trustces'-bulldtngn. No. -112A Collins-street, Mel
bourne. Tel. No. 826.
$