INDUSTRIALS STRONG

Dominion, Volume 29, Issue 303, 18 September 1936, Page 12

INDUSTRIALS STRONG

Australian Share Markets By Telegraph—Pre&s Assn.—Copyright(Received September 17, 8.5 p.m.) Sydney, September 17. Investment prices showed a hardening tendency on the Stock Exchange to-day, the exception being the banking group, values of which shaded. The turnover was heavy. Sales: Bank of New South Wales, £33 2/6; Commercial Banking Co. of Sydney, £l9/19/-; Commercial Bank of Australia, 18/6; Bank of New Zealand. 39/- ; United Insurance. £ll/13/-; South British Insurance, 90/-. Burns Philp, 72/9; British Tobacco. New Zealand deliverv, 43/6; Tooheys, 33/1}; G. J. Coles. 82/3; Drug Houses. 32/-; Australian Glass, 95/9; Henry Jones, 43/-; Fairymead Sugar, 36/-. David Jones, 45/9; J. Fielding, 80/-; Meggitts, 26/9; Mauri Brothers, 68/6; Mark Foy, 33/1}; Gordon and Goteh. pref., 32/7; Victoria Nyanza, 13/-. Woolworths, buyer at £5/7/-. seller at £5/9/-. Mt. Morgan, 12/6; Mt. Lyell. 29/10); Broken Hill Proprietary. 77/3; new, 57/6; South Brokens, £6/7/6: North Brokens, £10; Mandated Alluvials, 26/6. Morning sales included ; Commonwealth bonds. 4 per cent., 1941, £lO2/13/9; 1955. £lOl/3/9: Bank of New Zealand. 39/-: Tooths. 56/9: Tooheys, 33/3; British bacco, 43/6; Dunlop-Perdriau, pref., 35/ : Electrolytic Zinc. 43/9: Elfctrolytic Zinc, pref., 45/-; G. J. Coles, 82/3; Mecgitts, 26/9; Peters, 42/-: R. Fowler, pref.. 24/6. Melbourne, September 17. Industrials were strong, particularly Electrolytic Zinc and Drug House. Mining were quiet. Sales: National Bank. £5 paid. £7/4/£lO paid, £l4/9/-; Howard Smith. 19/4; British Tobacco, 43/74 ; Carlton Brewery. 60/-; G. J. Coles. 82/6; Australian Glass 95/9; Electrolytic Zinc. 43/9: pref.. 44/104. Mt. Lyell, 29/9; Broken Hill Proprietary, 77/-; North Brokens. £9/19/ : Zinc Corporation. 80/9; Emperor. 15/7" Loloma, 24/3: General Motors, 24/ • Gordon and Goteh, 51/-: Irowat. 2/ : Herald and Weekly limos, OS/- Myers 35/6. London Discount Rates By Telegraph— Pre«s A««ri. Coovrtsm London. September 16 Discount and short-loan interest rates are:—Day-to-day loans. 1 per cent.; fine trade bills, throe months. 2 to 24 per cent.; bank bills, three months. 9-16 per cent.; bank bills, six months. 5-8 per cent.; Treasury bills, six months, 4 per cent.; Treasury bills, throe months. 4 per cent. New York Cail Money By Telegraph—Pros s A<«n roiivritrhi New York. .September 16. Call money is quoted nt 1 nor cent. N.Z. Pound Abroad Based on the figures quoted by the Bank of New South Wales the New Zea land pound, compared with its original nar value, is equivalent to approximately; 16/1 in London. £l/0/1 in Australia. 16/8} in U.S.A. 16/8 in Canada. 9/11 in France. 11/1} in Italy. 19/10 in Germany. 9/9 in Java. £l/7/10} in Japan.