AUSTRALIAN SHARE MARKETS

Dominion, Volume 29, Issue 139, 7 March 1936, Page 12

AUSTRALIAN SHARE MARKETS

Gilt-edged Prices Weaker By Telegraph—Press .-ssn.-Copyright. (Received'March C, 9.15 p.m.) Sydney, March 6. On the Sydney Stock Exchange today a further reaction to the rising trend in interest rates was evident in lh< gilt-edged market. Some issues of Commonwealth loans sold at reduced prices. High-class industrials were in demand at the lately reduced levels and valuertended to improve. Sales: Colonial Sugar, £43/7/6; ditto, New Zealand delivery, £43/7/6; Bank of New South Wales, £35/12/6; Commercial Banking Co. of Sydney. £2l/8/-; Commercial Bank of Australia, New Zealand delivery, 20/9 ; Associated News, 22/9; ditto; pref., 23/9. Burns Philp, 71/-; British Tobacco, 41/9; Tooths, 53/6; Tooths, rights, 31/10J; Australian Iron and Steel, pref., 25/3; Australian Glass? 83/9. Dunlop Perdriau, 15/-; Gordon and Goteh, 47/6; Wincheombe Carson, 32/9; Henry Jones, 39/3; Millaquin Sugar, 38/-; Farmers, 29/6; W. R. Carpenter, 44/9, David Jones, 45/6; ditto, first pref., 26/-; Lustre, 26/-; ditto, pref., 27/6; Standard Cement, 22/7J; General Industries, new, 20/10J. Mt. Morgan, 16/3; Broken Hill Proprietary, second instalment paid, 36/-; Broken Hill South, £5/17/6; Placer Development, £5/5/-; Tavua Development, 3/1; Mt. Kasi, 10/2; Loloma, 20/-. Commonwealth Bonds. 4 per cent., 1938, £102; 1941, £102; 1944, £lO2/15/-; 1947, £lO3/15/-; 1950, £102; 1955. £lO2/7/6; 1957. £lO2/12/6; 1959. £lO3/2/6; 1961. £lO3/10/-. Morning sales included Commonwealth Bonds, 3i per cent. 1943, £95; 3} per cent., 1942, £lOO/13/9; Commercial Bank of Australia. 20/9; Bank of New South Wales. £35/12/6; Australian Gas, A, £7/15/-; Tooth’s Brewery, 53/6; As sociated News. 22/6; Broken Hill Proprietary, 60/-; and (second instalment paid), 36/-; Colonial Sugar, £43/5/-: Howard Smith, 17/3. Melbourne, March 6. Sales on the Melbourne Stock Ex change to-day included: Commercial Bank of Australia. 20/9; “Herald” and “Weekly Times,” 65/-; North Broken Hill, £7/18/6; Mt. Lyell, 24/44; Mt. Morgan, 16/2; Emperor, 12/4; Loloma 20/4 i. " Base Metals Market By Telegraph.—Press Assn.—Copyright. (Received March 6, 9.15 p.m.) I.ondon, March 5. The official London (middle) quotations for Thursday, as reported by Hie Australian Mines and Metals Association, compared witli those previously cabled as

(Live Stock Market reports will be found on Page .14.)

Mar. 5. Per ton. £ s. d. Copper— Mar. 4. I’er ton. £ s. d. Standard, spot . .. 35 IS 9 ' 35 IS 1A Ditto, forward . ,. 3(1 5 0 36 •> t i Electrolytic .. 40 2 6 40 5 0 ;o 40 5 0 40 7 6 Wire bars .. 40 5 0 40 7 G Lead— Spot .. 16 7 6 16 11 3 Forward .. 1G 11 3 16 13 9 Spelter— Spot .. 16 2 6 16 2 6 Forward .. 16 7 G 16 7 0 Tin— ISpot .. 210 15 0 211 10 0 Forward .. 202 10 0 204 17 6 Silver— Standard, per oz. . 19 3-16(1. 19 1-16(1. Fine . 20 11-lfld. 0 V-1G(1. fAmericai 49 cents a lb