AUSTRALIAN SHARES

Evening Post, Volume CXVI, Issue 83, 5 October 1933, Page 14

AUSTRALIAN SHARES

TAX RELIEF RAISES PRICES

United Tress Association—By Eleclrlc Telegraph —Copyright. SYDNEY, October- 4. On the Stock Exchange business today was of almost record volume. The activity was stimulated by the tax • remissions announced in the Federal Budget) which were greater than had been expected. The features were sharp rises in brewery shares, also in retail' tradingcompanies which have benefited. Commonwealth bonds also showed a slight improvement, but were overshadowed by the business in other departments. Sales.—Bank of New South Wales. £31 12s Otl; Commercial Banking Co. of Sydney, £18 10s; Colonial Sugar, £59 12s 6d; Australian Provincial Assurance, 12s lOd; United Insurance, £9 7s Cd; Associated News. 19s Od; ditto, pref., 19s Ocl; Hiiddart, Parker, New Zealand delivery, 31s 6d; British Tobacco, 37s 9d; Howard Smith, 14s 3d; Dunlop-Perdriau, 18s iYzA; Tooths, 4.4s Oil; ditto, New Zealand delivery, 44s and 435; Carlton Brewery, 41g 3d; Anthony Hordern. 12s 6d; ditto, prof., 21s 4%d; David Jones, 355; Farmers, 15s; Automatic Totes, 15s; Commonwealth Wool, 18s; Henry Jones, 40s; Millaquin Sugar, 295; Electrolytic. Zinc, 25s 6d; Morris Hedstrom, 19s Od; Nestles, pref., 33s 6d; Hume Pipe, 13s «d; Standard Cement, 17s Od; Winchcombe Carson, 28s; Mount Lyell.'24s 4%d; Broken Hill Proprietary, 41s 3d; Broken Hill South, 07s; North Broken Hill, 90s Od; Kuala Kampar Tin, 10s; Mount Morgan, 475. 9d; Bulolo Gold, 97s 6d, MELBOURNE, October 4. Sales. —Commercial Bank of Australia, 17s; British Tobacco, 37s Cd; "Herald and Weekly Times," 445; Howard Smith, 14s 3d; Australian Glass, 50s 9d; Electrolytic Zinc", 25s 3d; Mount Lyell, 24s 3d; Australian Iron and Steel, pref., lfts Id. ,