AUSTRALIAN SHARES

Evening Post, Volume CXXIII, Issue 108, 8 May 1937, Page 12

AUSTRALIAN SHARES

Mount lyells rise (By Telegraph—Press Assn.—Copyright.) SYDNEY, May 7. Interest in Mount Lyells was stimulated on the Sydney Stock Exchange today with the announcement of an interim dividend at the higher rate of 15' per cent, per - annum. Investment business was restricted, although Australian Glass recovered" to the ' preslump basis. ■ Sales:-Bank of New South Wales, £38 10s; Commercial Banking Co. of Sydney, £22' '15s; Associated Newspapers, 235; British Tobacco, 50s (id; Tooths Brewery, 58s; Tooheys, 33s 3d; G. J. Coles," £5. 10s; Australian Glass, B4s 6d; Dunlop-Perdriau, 21s 4d; Wihchcombe, Carson, 37s 6d; Paul and Gray, 18s 9d; Stedman, 16s 9d; Meggitts, 31s 3d; Taubmans, 70s; Newbold Brick, 37s 3d;. Millaquin Sugar, 44s 6d. Woolworths, Ltd., buyer £7 15s, seller £7 17s 6d; Woolworths (N.Z.), buyer £8, seller £8.55, sale £8 2s fid; Selfridges (Asia), buyer, 33s 9d-, seller 355; Selfridges (N.Z.), buyer 2s 9d. seller 3s 3d. . Mount Lyell, 48s 9d; Rawang Tin, 11s lOd; Placer Development, 935. ' : MELBOURNE, May 7. On the Melbourne Stock Exchange today industrials" were steady. There was a strong market in.Barriers. Mount Lyells rose sharply following London satisfaction with the dividend. Cox~ Brothers have deferred- the proposed splittings of shares. Sales: National Bank of Australia, £5 paid, £7 17s 6d; National Bank of Australia, £10 paid, £15 16s;. Bank of Australasia, £12 ss; British Tobacco, 50s ■ 3d; G. J. Coles, £5 11s; Australian Glass, '94s 6d; Dunlop-Per-driau, 21s 4d; Goldsbrough Mort, 39s ljd; General Motors, 24s 3d; Hume Pipe, 19s 6d. Electrolytic Zinc, 595; Electrolytic Zinc (pref.), 60s; Mount Morgan, Jos 3d;-Mount Lyell, 48s 9d; Cox Brothers, ordinary, 79s 6d; Emperor.:(Fiji),- -17s 6d; Satupulo Tin, 39s 3d; Broken Hill Proprietary, 85s 6d; North Broken Hill, 77s 6d;-Broken Hill South, 52s 3d.