MARKETS MUCH BRIGHTER
Australian Stock Exchanges By Telegraph.—Press Assn. —Copyright. (Received February 24, 8.25 p.m.) Sydney, February 24. Firmer metal prices and a good advance in Wall Street industrials encouraged investors to operate with greater freedom on the Sydney Stock Exchange to-day. The market was brighter than for many weeks. Sales: Bank of New South Wales, £32 10/-; Commercial Banking Co. of Sydney, £2O/5/-; E.S. and A. Bank, £5/5/9; Queensland National Bank, £5/2/-; Mercantile Mutual Insurance, 31/-. Burns Philp, 53/-; ditto, South Sea, 28/9; Associated News. 22/3; British Tobacco, 49/9. Tooths, 55/6 ; Australian Glass, 94/-; Dunlop Perdriau, 23/41 ; General Industries, 19/4J; Newcastle Gas, A, 12/2; Meggitts, 31/-; Standard. Cement, 19/3. Woolworths Ltd., 27/3; United Provisions, 6/3; Wilcox Mofflin. 10/10; Fairymead Sugar, 34/9. Electrolytic'* Zinc, 4S/-; ditto, pref., 49/-; Mount Morgan, 10/1; Broken Hill Proprietary, 63/-; Broken Hill South, 34/73; Rawang 'i;in, 9/6; Larut Tin, 14/6; Pungah Tin, 25/6. Morning sales included: Commonwealth bonds, 4 per cent.., 1941, £lO4 3/9; 4 per cent., 194-1. £lO5/3/9; 4 per cent., 1947, £106; 4 per cent., 1953, £lO4 11/3; Tooths Brewery, 55/-; Associated News, pref., 25/3; Anthony Hordern, 18/9; British Tobacco, 49/9; Broken Hill Proprietary, 63/6; Fairymead Sugar, 34/9; Meggitts, 31/-. Melbourne, February 24. On the Stock Exchange of Melbourne to-day leading stocks and Barriers remained firm in view of a further improvement overseas. Tin shares attracted more attention. Sales: Commercial Bank of Australia, 16/8; E.S. and A. Bank, £5/5/-; National Bank, £5 paid, £7/3/6. British Tobacco, 49/9; Carlton Brewery, 67/3; G. J.' Coles, 82/6; Dunlop Perdriau, 23/4; Australian Foundation Investment Trust, 5/10. Electrolytic Zinc, 48/-: ditto, pref., 49/6; Mount Morgan. 10/2; Mount Lyell, 31/9; Broken Hill Proprietary, 62/9; North Broken Hill, 52/3; Broken Hill South, 34/9; Zinc Corporation, £5 1/-; Emperor, 12/6; Loloma, 19/11.
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Bibliographic details
Dominion, Volume 31, Issue 129, 25 February 1938, Page 14
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291MARKETS MUCH BRIGHTER Dominion, Volume 31, Issue 129, 25 February 1938, Page 14
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