AUSTRALIAN EXCHANGES.

Auckland Star, Volume LXVI, Issue 70, 23 March 1935, Page 4

AUSTRALIAN EXCHANGES.

YESTERDAY'S BUSINESS. SYDNEY, March 22. On the Sydney Stock Exchange to-day selling pressure was greatly reduced and the tone of the investment market was steadier. Gold shares also rallied slightly, but the gilt-edged section was slow. This morning's sales included: —Commonwealth 4 per cent bonds: 1038, £104; ]941, £105 7/6; 1944, £100 2/6; 1950, £106; 1959, £107 7/0". Commercial Bank of Sydney £16 5/; Australian Gas (A shares), £7 15/; ditto (B shares)., £7 15/; Tooth's Brewery, New Zealand delivery, 48/3; Anthony Hordern, 17/1% i British Tobacco, '36/9; Broken Hill Proprietary, 49/; Dunlop, Perdriau, 17/; Lustre Hosiery, 26/3; Meggitts, 20/.

Later sales included:—Bank of New South Wales, £30; Commercial Bank of Sydney, £10 5/; Colonial Sugar, £40 Br, Mercantile Mutual Insurance, 24/1%; British Tobacco, 36/9; Tooth's Brewery, iO/; Electrolytic Zinc, 21/T/2; Anthony Hordern. 17/3; Lustre Hosiery, 26/; Standard Cement, 19/3; Australian Iron and Steel (preference), 22/6; Automatic Totalisatois, 18/G; Meggitts,'2o/; Victoria Nvanza 6/6; Mount Morgan, 36/; Broken Hill Proprietary, 40/3; Placer Development £27; Euratha Wold. 3/6. Commonwealth 4 per cent bonds: 3938. £104; 1941. £105 W; 1044 arid 1950, £106; 1959, £107 7/6. "Melbourne sales included: —Gordon and Gotch 4'V: "Herald" and "Weekly Times'" 04/; Nestlc's (preference). 38/; Electrolytic Zinc (preference), 33/; Mount Lyell, 18/4.