SYDNEY STOCK EXCHANGE

Dominion, Volume 28, Issue 112, 5 February 1935, Page 12

SYDNEY STOCK EXCHANGE

Industrials Easier By Telegraph.—Press Assn.—Copyright. (Received February 4, 5.20 p.m.) Sydney, February 4. On the Sydney Stock Exchange to-day the market for industrials was comparatively quiet and easier. Howard Smith had a sharp fall. |Henry Jones were firmer. Mining shares were dull and irregular. Sales: Bank of New South Wales, £3l 15/-; Commercial Bank of Sydney, £l7 2/-; Australian Provincial Assurance, 11/4; Australian General Insurance, 16/-. Associated News, 24/3; Adelaide Steam, 31/10J; Howard Smith. 15/6; W. R. Carpenter, 45/6; Australian Gas, A, £B/2/-; Tooths, 50/9; Tooheye, 30/3. Dunlop Perdriau, 19/74; Winchcombe Carson, 28/4J; Henry Jones, 37/-; David Jones, 40/6; Anthony Hordern, 10/-; Standard Cement, 21/1J; General Industries, 15/-; Goodyear, pref., 32/-; Victoria Nyanza Sugar, 5/-; Wunderlich. 22/9. Mount Morgan, 40/-; Mount Lyell, 17/9; Rawang Tin, 8/1; Larut Tin, 11/10. Morning sales included: Commonwealth bonds, 4 per cent., 1038, £lO4 6/3; 1941, £lO6/1/3; 1944. £lO7/15/-; 1950, £lll/12/6; 1959, £lll/2/6; Tooths, 51/-; Anthony Hordern. 19/3: Broken Hill Proprietary, 52/9; Dunlop, 19/9; Howard Smith, 16/9; James Stedman, 17/3; Lustre Hosiery. 29/6: Winchcombe Carson, 28/6. By Telegraph. Press Assn.—Copyright. . Melbourne, February 4. Sales on the Melbourne Stock Exchange to-day included: Commercial Bank of Australia, 17/-; National Bank of Australasia, £5 paid. £6/10/-; Australian Glass, pref., 42/6; Herald and Weekly Times, 57/6; Mount Lyell. 17/10. AUCKLAND GAS DEBENTURES Redemption on Due Date Dominion Special Service. Auckland, February 4. The Auckland Gas Company’s 6J pet cent, debenture issue of £200,000. mntturing on May 1. will be redeemed at that date. Speaking at the annual meeting of shareholders to-day. Sir George Elliot.. chairman of directors, said the board intended to pay off the loan at the due date, and none of the debentures would be reissued. The loan was issued in 1928, £150.000 being required to replace the issue of debentures then falling due, and £50.000 being for development expenditure. The issue was over-subscribed by £129.500. or 65 per cent. After repayment of the loan the company’s only debenture capital will be £SO,OOO in O per cent, debentures maturing in 19-12. The debentures have not been quoted on the Auckland Stock Exchange this year, the last sale being at £lO4 in September, 1934.