SYDNEY STOCK EXCHANGE

Dominion, Volume 28, Issue 208, 31 May 1935, Page 14

SYDNEY STOCK EXCHANGE

« Commonwealth Bonds Steadier By Telegraph.—Press ■ Assn.—Copyright. (Received May 30, 8.20 p.m.) Sydney, May 30. , The terms o£ the new Commonwealth loan of £12,500,000 were generally anticipated and approved by the Stock Exchange to-day, and buyers of bonds were inclined to come into the market again with the result that Government securities were generally steadier. Retail trading shares were well supported at round about late levels, but Broken Hill silver and lead scrip 'suffered a setback owing to the fall in metal prices. Sales: Commercial Bank of Sydney, £l7/15/-; Commercial Bank of Australia, 15/3; Colonial Sugar, £4O/17/6; Australian Provincial Assurance, 21/9; Associated News, 22/10}; Australian Gas, A, £B/1/6; Australian Glass, 67/-; British Tobacco, 38/9; Tooths, 53/-; Carlton Brewery. 49/6; Dunlop Perdriau, 16/71. Winchcombe Carson, 28/-; Wileox Mofflin, 10/9; Morris Jleclstrom, 20/-; Electrolytic Zinc, pref., 35/9; Anthony Hordern, 18/6; Drug Houses of Australia, 27/1 J; General Industries. 18/-; Goodyear, pref., 23/9. Mt. Morgan, 35/3; Broken Hill Pro-p<-clary. 55/3; South Broken Bill, 85/9; Kuala Kampar, 12/11; Rawang Tin, 7/5; Kramat Tin, 48/-; Peninsular Tin, 20/3. Commercial bonds, 4 per cent.. 1938, £lO3/11/3; 1941, £lO2/17/6; 1944, £lO3 15/-; 1953, £lO5/17/6; 1957. £lO5/7/0; 1959, £lO5/10/-; 1961, £lO5/17/6. Morning sales included: Commonwealth bonds. 4 per cent. 1938, £lO3 10/-; 1953, £lO5/7/6; 1961, £lO5/17/6; Tooths Brewery, 52/9; Anthony Hordern, 18/9: Goldsbrough Mort. 29/9; Millaquin Sugar, 34/6; Morris Hedstrom, 20/-; Winchcombe, 28/-. By Telegraph.—Press Assn. —Copyright. Melbourne, May 30. Sales on the Stock Exchange to-day included :—Commercial Bank of Australia, 15/4; Commercial Bank of Sydney. £l7/10/-; National Bank, £5 paid, £6 6/6; Huddart Parker, 28/-; Australian Glass, 67/-; North Broken Hill, £6/6/-; Zinc Corporation. 37/-; Mt. Lyell. 21/-. Zinc Corporation Dividends The Zine Corporation Ltd. yesterday advised the Stock Exchange Association that the. board of directors have declared a participating dividend of 1/- per share on both preference and ordinary shares, less income tax of 2/10-} per £1 sterling, in respect of the year 1934; also a dividend of 2/- per share on the preference shares, less income tax of 2/10 per £1 sterling, being the first half of the fixed preferential dividend for 1935. Both these dividends will be paid on July 1, 1935, in British currency to shareholders on both the London anil Melbourne registers.' Transfer books will close at 12 noon on -Tune 8 anil reopen on June IL National Bank of Australasia ■‘Ordinary general meeting has closed, report and balance-sheet as published adopted. Appointment Mr. E. H. Wreford to board confirmed. Retiring directors, Sir Frank Clarke and Mr. E. H. Wreford, re-elected.” The National Bank ot New Zealand Ltd. has received the above cable dated May 29 from the National Bank of Australasia Ltd., Melbourne, for whom it acta as New Zealand agents. Mr. Wreford was latterly general manager of the National Bank of Australasia.