SHARE BUSINESS

Evening Post, Volume CXXIII, Issue 34, 10 February 1937, Page 14

SHARE BUSINESS

SYDNEY AND MELBOURNE (By Telegraph— Press Assn. —Copyright.* SYDNEY, February 9. On the Sydney Stock Exchange there was a marked increase in the investment turnover today, and industrials displayed a much stronger front. The rises in base metals prices were reflected in the greater strength of Mt. Lyell and Barrier Mines. Sales.—Bank of New South Wales, £36 ss; Commercial Banking Co. of Sydney, £22 3s; Commercial Bank of Australia, 19s 7id; National Bank of Australasia (£5 paid), £7 14s; Colonial Sugar, £43 ss; Australian Gas, A, £7 11s; Berlei, 40s 3d; British Tobacco, 525; Tooths Brewery, 57s 3d; Tooheys, 37s 3d; Coles. £5 2s 6d; Goldsbrough, Mort, 38s 9d; Winchcombe, Carson, 39s 6d; Morris Hedstrom, 30s 6d; Millaquin Sugar; 43s 9d; Anthony Hordern, 21s 3d; ditto (pref.), 23s lid; Hume Pipe, 21s 9d; J. McGrath, 435; Kandos Cement, 255; Gibson and Howes, 30s 4Jd; Waldas Shoes, 25s 9d; Edwards Dunlop, 50s; Woolworths, Ltd. (ord.), buyer £8 13s, seller £8 15s, sales £8 13s; Woolworths (N.Z.), buyer £6 18s, seller £7 ss; Selfridges (New Zealand), buyer 5s Gd, seller 6s, sale 5s 9d; Mount Morgan, 16s 4d; Mount Lyell. 445; Kuala Kampar Tin, 225. MELBOURNE, February 9. On the Melbourne Stock Exchange today the market was fairly quiet, with industrials steady. There was good support for G. J. Coles. Mount Lyells were firm on higher copper prices. Sales. —Commercial Bank of Australia, 19s 8d; National Bank of Australasia (£5 paid), £7 14s 6d; British Tobacco, 51s 9d; Carlton Brewery, 64s 6d; G. J. Coles, £5 Is 6d; Australian Iron and Steel (pref.), 27s- 6d; Australian Glass, 94s 9d; Goldsbrough, Mort, 38s 9d; Electrolytic Zinc, 555; ditto (pref.), 575; Mount Morgan, 16s sd; Mount Lyell, 445; Emperor Mine, Fiji, 21s; Loloma, Fiji, 24s 3d; Melbourne Electric stock, 18s; Silverton Trams, 38s 3d; Younghusband. 44s 9d. PRICE AND RETURN Latest sales reported and made on the Stock Exchanges of the Dominion, with the highest prices and the approximate yields per cent, per annum to investors (all subject to appropriate taxes and exchanges where operative), based on the last year’s distributions, and considering redemption and brokerage in the case of redeemable securities where dated were as follows:

*■— Cum Hv. a.—lnterim dividend at rate of S p.e. per annum. , ~ ' , , j.—Preference re both dividend and capital, o.—Free of English income tax. r.—Cumulative to 3 p.c. s.—Paid in sterling. u.~-In Australian currency, v.—Half-veariy G p.c. on ord. and pret. z.—lnterims half-year on pre! at rate ot i p c per annum (Aust. currency), ord. at rate of 6 2-3 p.c. STANDARD INSURANCE DIVIDEND. (By Telegraph—Press Association.) DUNEDIN, February 9. i The directors of the Standard Insurance Co., Ltd., today declared a dividend of Is 3d per share, an unchanged rate for the half-year ended December 31 last, payable on March 1. BRITISH WAR LOAN. (British Official Wireless.) RUGBY, February 8. The British War Loan, 3i per cent., is quoted at £lO4 ss. Rayon exporters of Japan decided, under the trade agreement with the Commonwealth, to ship 49,250,000 square yards of rayon to Australia in 1937, and 24,625,000 square yards in the first half of 1938.

Highest Yield price p.c, p.a. £ s. 'd. £ s. d. Wellinaton. Inser. Stock, 3',k p.c, 1938-52 ....... i. .a. 101 15 0 3 S 11 Inser. Stock, i p.c, 15/4/194G-49 a. 103 12 6 3 17 4 .Comm. Bank Aust. u.z. 0 19 (i 2 19 9 2 0 0 5 0 0 Dominion Breweries . 2 4 6 2 18 5 British Tobacco ..a.ii. 2 11 fi 2 14 4 Broken Hill Pty. .11* 4 0 9 3 1 11 Electro. Zinc (pref.)y. 2 16 0 3 10 10 G. J. Coles ,, ,, * 5 0 0 2 10 0 1 1 9 4 11 11 Consol. Goldfields ... 0 15 0 — Maori Gully 0 0 5'/2 — Unofficial List— Woolworths, Ltd 8 13 0 — • Auckland. Inscr. Stock, 3% ,p.c, 15/11/1938-52 ....a. 101 12" 6 3 9 0 Auek. City, 4% p.c, 103 0 0 4 2 10 Nat. Bank of N.Z. o.s. 3 2 3 3 4 3 National Insurance 0 18 3 4 2 2 N.Z. Insurance 3 2 9 3 3 8 Traders Finance 0 4 3 4 8 2 Tooth and Co 2 17 0 3 10 2 British Tobacco .ii.ti.* 2 11 (i 2 14 4 G.J.Coles * 5 0 0 2 10 0 Morris Hedstrom 1 9 0 3 7 9 Mort's Dock 0 13 3 4 10 0 Woolworths (N.Z.) .. 7 3 0 2 4 11 Golden Crown 0 5 1 — Unofficial List — Woolworths, Ltd 8 14 0 ■— Woolworths (W.A.) . 7 S 6 2 7 2 CnTlStChurch. E.S. and A. Bank o.s. 6 6 0 2 7 7 Bank of N.Z. .. 2 0 8 4 18 4 Comm. Bank Austr., 9 4 6 4 G S Union Bank o.s. 10 9 6 2 12 6 National Insurance .. 0 IS ;> 4 2 2 Goldsbrough, Mort .. 1 18 2 3 13 4 N.Z. Refrig. _(10s pd.) 0 9 4 5 17 10 2 17 4 2 12 3 2 16 0 3 10 5 Anthony Hordern .... 1 1 0 1 IS 1 G. J. Coles * 5 0 0 2 9 9 1 1 9 4 11 11 Woolworths (N.Z.) .. 7 0 0 2 5 11 Gillespie's Beach 0 1 6 — 2 3 11 4 11 1 0 0 5% — Waimumu Sluicing .. 0 0 11 ■— Mount Morgan 0 IB 3 — Permanent Invest. ... 9 15 0 4 12 3 Broken Hill Pty. u* 4 0 9 3 1 11 British Tobacco a.u.* 2 11 8 2 14 2 Colonial Sugar ...... 42 15 0 2 18 5 Dunlop-Perdriau — 0 18 11 5 5 8 Electro. Zinc (ord.) 2 16 3 3 11 1 1 3 S 5 5 7 Morris Hedstrom — 1 9 6 3 7 9 Unofficial list — Ballin's Breweries (10s pd.) 0 8 0 - — Selfridges (A'asia) old (cum rights) 2 1 2 Ifi 9 "~* IN ,/j. ieipeiuai Woolworths, Ltd. ... 8 12 3 — Woolworths (W.A.) . 7 8 0 2 7 0 Dunedin. Bank of N.Z 2 0 fi 4 IS 9 N.Z. Refrig. (10s pd.) 0 9 3 5 18 11 Bruce Woollen, "pref.. 1 2 0 5 1 9 Electro. Zinc, ord— 2 14 8 3 13 2 5 0 9 2 9 7 Gillespie's Beach — 0 1 2 3 I! 1 4 12 10 0 15 10 — 0 4 3 ' 0 0 3 —