AUSTRALIAN SHARES

Evening Post, Volume CXXV, Issue 9, 12 January 1938, Page 12

AUSTRALIAN SHARES

MARKET FIRMS

REACTION TO WALL STREET

(By Telegraph—Press Assn.—Copyright.) SYDNEY, January 11.

Due to a marked improvement on Wall Street, values of leading Barriers and Mt. Lyell moved forward sharply on 'change today. Indeed, all sections of the market were appreciably firmer. Sales: Bank of New South Wales, £33 12s 6d; Commercial Banking Co. of Sydney. £20 18s; Bank of New Zealand, 445. Colonial Sugar, £47 12s 6d; Associated Newspapers., pref., 24s 6d; Burns, Philp, 55s 9d; ditto, South Sea, 27s 9d; British Tobacco, 50s. Tooths Brewery, 55s 3d: Dunlop-Per-driau, 23s 9d; Anthony Hordern, 19s; Lustre, J22s 7£d; General Industries, 20s lid; Cash Orders, 17s 6d; ditto, pref.; 22s 6d. Felt and Textiles. 37s 6d: Gordon and Gotch, 52s lOid; Mark Foy, 24s 6d; Goldsbrough Mort, 32s lOJd; Greater J. D. Williams, 6s. Henry Jones Co-op., 49s 6d; Hume Pipe, 21s ljd; ditto, New Zealand delivery, 21s; Woolworths, Ltd., 265. Electrolytic Zinc, pref., 52s 3d; Mt. Morgan, 10s 8d; Mt. Lyell, 34s 4Jd; ditto, New Zealand delivery. 33s 3d; Broken Hill Proprietary, 64s 6d; North Broken Hill, 55s 6d; Broken Hill South, 36s 6d. MELBOURNE, January 11. On the. Stock Exchange of Melbourne today the markets showed an improved tone, with metal stocks particularly strong, reflecting the rise in the overseas market. Electrolytic. Zinc responded to the 6 per cent, interim dividend. Sales: Adelaide Steamship, 335; British Tobacco, 50s 3d; G. J. Coles, 84s 9d; Australian Glass, 945; .Dunlop-Per-driau, 23s lid. Electrolytic Zinc, 495; ditto, pref., 51s 9d; Mt. Morgan, 10s 7d; Mt. Lyell, 34s 6d; Broken Hill Proprietary, 64s 6d; North Broken Hill, 55s 9d; Broken Hill South, 36s 9d; Zinc Corporation, £5 10s; Emperor, 13s 4d; Loloma, 17s.