LOWER PRICES

Evening Post, Volume CXXIV, Issue 107, 2 November 1937, Page 12

LOWER PRICES

LONDON STOCK EXCHANGE

(Received November 2, 9.30 a.m.)

LONDON, November 1,

The London Stock Exchange opened irregularly. International favourite investments were at a lower level, and others were disappointing.

British funds made a good start and registered some-small advances.'

CAUTIOUS TRADING

AUSTRALIAN SHARE MARKETS

(By Telegraph—Press Assn.—Copyright.) SYDNEY, November 1.

Investors today continued' to trade cautiously- on the Sydney ■ Stock K» change and the volume at business therefore was restricted. The tone of the market was steady and tending stronger. Saies;—Bank of New South Wales, £33 17s 6d; Colonial Sugar, £47 ss; Associated Newspapers, 23s 9d; ditto, pref., 23s 9d; Australian Gas, A, £7 9s. British Tobacco, 495; Tooth's Brewery, 55s (id; Drug Houses, 25s 9d; Dunlop-Perdriau, 23s- 6d; Farmers, 33s 9d; .David Jones, 425; Anthony Hordern, 19s; Mori's Dock, 11s 6d; Felt and Textiles, 365; ditto, rights, 14s Ids Newbold Brick, 38s 3d; Gordon and Gotch, 54s 9d; Peters, 54s 6d; W. H. Soul, 86s 6d; Winchcombe Carson, 33s 6d; Millaquin Sugar, 38s. Electrolytic Zinc, 52s 9d; Mount Morgan, 11s 6d; Mount Lyell, 39s 3d; ditto, New Zealand delivery, 39s 3d; Broken Hill Proprietary, 665; ditto, rights, 30s 44-d; North Broken Hill, 56s 6d; Taranaki Oil, 6s 9d. MELBOURNE," November 1. Commonwealth Government loans were "strong, with few sellers. Investment shares were steady but quiet in view of the Tuesday Cup holiday. Gold mine shares were irregular, with Loloma showing a. fair rise early on the production report. Sales:—Commercial Bank of Australia, 17s 9d; National Bank, £5 paid, £7 10s;-G. J. Coles, 955; Drug Houses, 25s 74d; Dunlop-Perdriau, > 23s 7d; Felt Textiles, 365; ditto, rights, 14s; Australian Paper Manufacturers, pref., 24s 6d; Melbourne Electric Stock, 19s 6d. Electrolytic Zinc, '52s 6d.-and pref. 55s 6d; Mount Morgan. Us 7d: Mount Lyell,'39s; Broken Hill Proprietary, 66s 6d; North Broken Hill; 56s 3d; Broken. Hill South, 41s; Emperor, 13s Id; Loloma, 19s Id.