METAL SHARES DOWN

Dominion, Volume 30, Issue 147, 18 March 1937, Page 14

METAL SHARES DOWN

Australian Prices Weaken BANKS FIRMER By Telegraph.—Press Assn. —Copyright. (Received March 17, 9.20 p.m.) Sydney, March 17. 'The fall in tin caused an easier tendency for shares on the Sydney Stock Exchange to-day. A weaker trend was also apparent with regard to Barriers and Mount Lyells. Woolworths ordinaries slumped on the announcement of the new issue of ordinary shares and the profit figures, but the market, was inclined hrm at the close. Sales: Bank of New South \\ alee, 17/6; Commercial Banking Co. of Sydney £23; Union Bank, £ll/6/-; Bank of Australasia, £l3/8/-; Colonial Sugar, £45/5/-; Associated News, 23/101. Howard Smith, 2-1/14; Huddart Parker. 40/-; British Tobacco. 52/6; Tooths. 57/-; G. ,T. Coles, £5/5/-; Queensland Brewery, 26/41; Dunlop Pertlriau, 20/74; ditto, New Zealand delivery. 20/6. Winchcombe Carson, ' 36/6; Wilcox Mofflin, 13/3; Henry Jones, 45/3; Millaquin Sugar, 44/6; Farmers, 35/9; David Jones 45/3; Anthony Hordern, 21/-; ditto, pref., 22/104; Lustre Hosiery, 22/6; -Cement Mortars, 13/-. • Claude Neon. 52/6; W. It. Carpenter, 45/-; Meggitts. 33/-; Cash Orders, 21/101; John McGrath, 42/9; Gibson and Howes, 39/-; Victoria Nyanza, 16/7J. Woolworths, ordinary, buyer at £i 10/-, seller at £7/12/6; Woolworths, New Zealand, buyer at £7/4/-;_ Woolworths, West Australia, sellers. £7/5/-: Selfridges, buyer at 39/-, seller at 39/9. Mount Lyell. 50/6; Mount. Morgan. 18/74; Kuala Kampar, 25/3; Rawang, 13/7; Emperor, 19/6. Morning sales included: Commonwealth bonds, 4 per cent., 1961. £lOO 10/-; Australian Gas, A, £7/2/-; Tooths Brewery, 57/-; Amalgamated Zinc. New Zealand delivery, 11/1, 11/2; Associated News, pref., 23/3; Colonial Sugar, £45 5/-; General Industries. 22/41; Mauri Bros., 75/-; Morris Hedstrom, 30/9. Melbourne, March 17. On the Melbourne Stock Exchange today lower metal prices resulted in an easier market for Barriers, with copper and tin shares lowjjr in fairly quiet trading. Investments remained firm. Sales: Commercial Bank of Australia, 19/7; National Bank, £5 paid, £S; ditto, £lO paid, £l6/3/-; British Tobacco, 52/6; Carlton Brewery, 64/-; Coles, £5 5/-; Drug Houses of Australia, 29/3. Australian Iron and Steel, pref., 28/9; Dunlop Perdriau, 20/7; ditto, pref., 36/-; Goldsbrough Mort, 39/-: Electrolytic Zinc, 64/6; ditto, pref., 65/9; Victoria Nyanza, 16/9.

Mount Lyell, 50/-; Broken Hill Proprietary, 89/6; North Brokens, 88/6; South Brokens, 58/3; Zine Corporation, £B/5/-; Emperor, 19/4; Loloma, 24/6. Silverton Trams, 37/9; General Motors, 24/6; ’‘•ilphide Corporation, 16/9.