AUSTRALIAN SHARES

Evening Post, Volume CXXII, Issue 99, 23 October 1936, Page 12

AUSTRALIAN SHARES

DEMAND FOR BANKS

(By Telegraph—Press Assn. —Copyright.) SYDNEY, October 22. The rising trend in prices was maintained, on' the Sydney Stock Exchange today. Banking shares were strong. Sales: Bank of New South Wales, £35 , 17s 6d; Commercial Bank of Australia, , 19s Hd; Queensland National Bank, £5 ; 10s; Colonial Sugar, £44; British To- ] bacco, 47s 3d; Tooth's Brewery, 56s 6d; Carlton Brewery, 68s 6d; Drug Houses, 275; Australian Glass, 97s 3d; DunlopPerdriau, 18s 4Jd; pref., 345; Goldsbrough Mort, 35s 3d; Millaquin Sugar, 44s1 Lustre, 24s 9d; Cumberland Paper, 31s 3d; Australian Guarantee Corpora- < tion, .265; Spencers, 6s lOd; . Mauri j Brothers, "68s; Amalgamated Wireless, ; contributing, 435; Younghusband, 38s 7id; Mount Lyell, 33s 9d; Broken Hill Proprietary, 80s 9d; new, 60s 9d: Lady ] Shenton Mine, 2s. MELBOURNE, October 22. : Industrials generally were little ; easier, with other sections of the : market quiet. Sales: —Commercial Bank of Australia, 19s; ditto, pref., £9 ss; E.S. and A. Bank, £5 17s; National Bank, £5 paid, £7 9s; £10 paid, £14 17s; Adelaide Steam, 30s 6d; Carlton Brewery, 67s 9d; G. J. Coles, 775; Drug Houses, 275; Australian Iron and Steel, pref., 26s 4Jd; Australian Glass, 96s 9d; Goldsbrough Mort, 35s'3d; Electrolytic Zinc, 475; pref., 495; Victoria Nyanza Sugar, .14s 6d- Mount Morgan, 15s 2d; Mount Lyell, 33s 6d; Broken Hill Proprietary, 81s; North Broken Hill, £10 17s; Emperor 16s lOd; Loloma, 23s 9d; Hume Pipe, 20s; Kauri Timber, 275; Silverton Trams, 395; Upper Watut. 2s 6d; General Motors-Holdens, 24s 6d. ; GOVERNMENT STOCKS MOVEMENTS IN PRICES (By Telegraph—Press Assn.—Copyright.) (Received October 23, 1 p.m.) LONDON, October 22. • Last week. This week. Consols., 2% "p.c. .-.. 35% 85% ; Funding Loan, 4 p.e., 1960-90 117& 117% , War Loan, 3% p.e. .. 108 108 Conversion Loan, 3% p.e. 108% 108 Victory Bonds, 4 p.e. . 115% Hate Commonwealth Australia, 5 p.e, 1945-75 .... 113% 113 3-16 Commonwealth Australia, 3% p.e., 1936-37 ..... 101 100% Commonwealth Australia, 4 p.e., 1943-48 105% 105% Commonwealth Australia, 3% p.c., 1948-53 ...... 104% 105% Commonwealth Australia, 3% p.c, 1956-61 .... 100 9-16 101 : Commonwealth Australia, 3 p.c, 1955-58 95 3-16 95% N S W"., 3% p.c., 1930-50 10111-16101% Victoria, 3 p.c, 1929-49 99% . 99%: Victoria, 4% p.c, 1940-60 ' 107% 10/& Victoria, 5 p.c, 1945-75 112% 112 la-16 O'land 3 p.c., 1922-47 . 100 99% ' fiCd 5 p.c, 1940-60 . 107 7-16 107 7-16 S. Aust.. 3 p.c, 1916 or o ■after 90%' 90 7-16 S Aust., 5 p.c, 1945-75 112% 113 W. Aust., 4 p.c, 1942-62 10315-16104 Tasmania, 3% P-C, 1920-40 102% 103 Tasmania, 4 p.c. 1940-50 103 3-16 103% N Z 4% P.c 1948-58 . 1081-16 103% N'z!! 3% p.c, 1940 ... 103% 103 5-16 N.Z.! 3p. 0., 1945 .... 100 7-16 100% DOLLAR AND STERLING [By Telegraph—Press Assn.—Copyright.) (Received October 23, 10 a.m.) LONDON, October 22. Sterling exchange London on New York, 4.89J dollars. Dollars. October 21 4.89JOctober 20 4-88 7"8 October 19 4.88£ October 17 ;... 4.89 October 16 4-894 o October 15 4/ 8£?- 8 , October 14 4.89 J ■ October 13 4.90* October 12 4.903 October 10 , 4.90 11-16. October 9 4.901-8 October 8 '.... 4.89 3-8 October 7 4.895-8 October 6 ■4.91 , October 5 4- 92 Hi.' October 3 4.93 3-16 October 2 4.93 October 1 4.94§ September 1, 3 5.03J August 1 5.015-8... July 1 ■•5.015 June 2 4.99J May 1 4.937-8 BANK OF ENGLAND KETUKN. (By Telegraph.—Press Assn.—Copyright.) (Received October 23, 11 a.m.) LONDON, October 22. The weekly Bank of England return is as follows:— ■ ' ij Issue Department — Notes in circulation 440,100,000 Notes in banking dept. 68,600,000 Other Govt. securities . 246,300,000 Other securities 2,600,000 Silver coin- •..'../... 100,000 Banking Department— Rest 3,100,000 Public deposits .: 37,600,000 Bankers" deposits ...... 81,400,000 Other accounts-■.....-... 41,200,000 Government securities .. 79,900,000 Discounts and advances . 6,700,000 Other securities 21,600,000 Notes and .qoyi .......*......... 69,600,000 Ratio of resery? to liabilities' 43.44 p.c. The Bank of England discount rate remains unchanged at-2 per cent. POWAR RATES. The Associated- Banks (otner than the Bank of New South Wales) quoted the following.dollar rates today, on a New Zealand currency, basis. They are subject to alteration without notice. U.S.A Canadian Dollars Dollars (Per (Per £IN.Z.) £IN.Z.) Selling— T.T. 3.92 3.92 On demand V 3.92.J 3.92J Buying— . . On demand 3.96J . 3.96| THE FRENCH FRANC. (By Telegraph—Press Assn.—Copyright.) (Received.October 23, 10 a.m.) ■■■ LONDON, October 21. Sterling exchange on Paris, 105 17-32. The rate .on October 20 was 105 1-16. POLISH EXCHANGE. (By Telegraph—Press' Assn.—Copyright.) (Received' October 23, 10 a.m.) WARSAW, October 22. Sterling exchange, 26.00 zlotys to SELFRIDGE'S "(N.Z.), LTD. ■ Registration is. reported by the "Mercantile Gazette", of .Selfridge's (N.Z.), Ltd. Capital, £300,000, into 300,000 shares of £.1 each. Subscribers: Sydney, New South Wales—Selfridges (Australasia), Ltd., 47,850, E. C. B. Midlane 500, F. W. Harper 500, A. W. Lambell 500, H. Phillips 500, V. J. Plumb 500, E. V. Wood 250. Objects: To carry on in New Zealand department and chain stores and the business of manufacturers, distributors, buyers, wholesale and retail storekeepers, and incidental. SHARLAND AND CO.'S DIVIDEND. Sharland and- Company, Limited, have advised the New Zealand Stock Exchange Association that the directors have ' decided to recommend to shareholders at the annual'meeting to be held on November 11, the payment of a final dividend of 1\ per cent. on all shares of the company, making 5 per cent, for the year ended August 31. The dividend is at an unchanged ,xate. . . ~,,■. .. '