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AUSTRALIAN SHARES

SELLERS DOMINATE MARKET

By Telegrapb-r-Press Association—Copyright.) SYDNEY, February 17.

Sellers continued to dominate the share marKet today and prices again weakened.. Colonial Sugars fell steeply to £37 5s and brewery, tobacco, and chain store shares lost further ground. s It is expected . that the Government . will shortly gazette regulations governing Its economic plan which will determine the fate of free trading on 'Change as well as define Investors' rights in dealing with their own capital.

i) Sales included Bank of New South Wales (ex-divldend), £25 Is; National Bank of Australia (£5 pald);"£s 3s"6d, and'(£lo paid). £10 17s 6d; Associated News, 8s 6d; British Tobacco, 335; Tooths. 34s 9d;'Tooheys, 21s 6d, Coles, 40s; Woolworths, 10s 8d; Australian Iron Steel, pref.*.- 25s 9d Consolidated Industries, 35s 3d, Authony Hordern, 12s 6d; Morris Hedstrom, 16s; Mlllaquln Sugar, 335; Oil Search, Is.

MELBOURNE. February 17

Sales Commercial Bank of Australia, 12s 3d: Carlton Brewery, 555; British Tobacco, 34s 9d; Drug Houses, 255; Imperial Chemicals, 235; Broken Hill Pty.. 28s 9d; North Broken Hill. 31s 6d; Broken Hill South, 19$: Mt. Lyell, 20s 6d: Electrolytic Zinc, pref., 40s; Mount Morgan, Gs 7d: Loloma. 12s 7d.

Based on buyers' values on Sydney Stock Exchange, January 3, losses on some of the shares above quoted as sold are as follows: — Colonial Sugar, £5 2.s 6d; Associated News, fid: British Tobacco, 4s; Tooths Brewery, lis 6d; "Tooheys. 3s; Woolworths, 3s Id; Australian Consolidated Industries, 2s 7%d; Broken Hill Proprietary, 2s 9d; Electro. Zinc, pref.. 5s 6d. ' .

. DIVIDENDS OUE. Dominion Investment and Banking Association—int., 2V<2 ncr cent. ... Feb. 20 X.DV Boxes, Ltd.—int. 3 per cent. . Feb. '20 Auckland Gas—final, 2% per cent, or 4 per.cent per'annum Feb. 'i'A Bank of N.S.W.—quarterly, 6s Feb. 26 Atlas Flour—flnal 5 per cent. .... F*eb. 27 Southland MeaWflnal, 8d -.. ....... Mar. 1 Standard Insur.—half-year. Is 3d .. Mar. 2 Electro Zinc—int. pref. and ord. 4 per cent.; new ord. 1 ncr cent. ....'. Mar. 2'< Huddart Parker—pref., 3 per cent.; ord., 7 per cent Mar. 28 Argo Gold—ld per share Apl. 1 Quill, Morris (1936), Ltd., Christchurch advised the Stock Exchange that the directors recommend a final dividend of 2% per cent., making 5 per cent, for the year, free of social and national security tax. LONDON SHARES AVERAGES. (By Telegraph—Press Association —Copyright.) LONDON, February 16. . "Financial Times" indices (1926 equals 100) :— Govt. Home : Indus- Gold see's rails, trials., mines Feb. 4 ...... 113.6 55.5 101.6 166.7 Feb. 10 ...... 113.5 55.3 100.9 165.9 Feb. 14 113.3 54.2 98.9 161.4 Feb. 16 113.2 54.8 98.2 158.7 Industrials, 1941 : High, 105.9 ; low, 83.0 PRICE OF COPRA. (By Telegraph—Press Association —Copyright.) (Rec 9.3 a.m.) SUVA, February 18. The' Governor of Fiji has broadcast that the price of Fiji and Tonga copra has been fixed at £18 per ton f.o.b. Suva. DOW JONES AVERAGES. (By Telegraph—Press Association—Copyright.) NEW YORK, February 16. Dow Jones (1926 equals 100) :— 20 30. Shares Rails. Indus. . sold. Feb. 3 28.30 108.99 370,000 Feb. 10 ....; 27.56 106.75 ' 164,000 Feb. 14 ..... 27.69 107.30 170.-000 Feb. 16 27.60 107.31 380.000 Industrials, 1941: High, 113.59; low, 106.34 Looking round her room after the house had been bombed, a London lady found there a perfect copy of a book she had been waiting to get from the library. It had been blown in through the window.

iMACONIE, Robert Taylor, Pte. Mrs. M Maconle, 5 City Road. Roslyn. Dunedin (w.). MAHER, Cecil Bernard, Pte. Mrs. Francis A. Maher, 79 North Road, Papanul (m.). MANNING, Bruton Brown, Pte Mrs A. Man- . ning. Mamaku (m.) MAXTON. Basil, Pte. Mrs. C. J. Mac Donald. Waharoa, Matamata (sister). MILNE George Findlay. L/Cpl Mr. G W Milne, 31 Masters Crescent, Masterton, (f.) MOLLOY John James, Pte. Mr Dennis Dunn . 11l Tweed Street, Invercargill (friend) MORGAN. Thomas, Pte Mrs M T. Wnlsh Dominion Road, Frankton Junction (m.) MORROW. Arthur Herbert, Gnr. Mrs. R. Mor row, 1355 Great North Road. Avondale (m.). MUNRO. James Peter, Gnr. Mrs. J. Munro Nightcaps (m.). NICHOLL, Kenneth, Pte. Mr. I. i. Nichol! Thornton Road, Cambridge (brother). NICOLSON .Malcolm Pte. Mr. R. H. Nicol son, Awakino Pt.. Dargaville (f.). PREVIOUSLY REPORTED MISSING—NOW REPORTED NOT MISSING. BLACKBURN. Allan Nelson, Dvr. Mr. H H Blackburn Waltui, Inglewood ,(f.). :GILL, Thomas Wilfred, Sgt, Mrs. R. Gill, r, Melling Road. Lower Huti (w.). McKINNON. Stanley Gordon Dvr. Mrs. .M J, Carson, Pukekohe Post Office (sister), ROA, Sidney, T/Cpl ftete Roa, Ngutuniu. vl» Te Awamutu (not stated)*.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19420218.2.105

Bibliographic details

Evening Post, Volume CXXXIII, Issue 41, 18 February 1942, Page 7

Word Count
729

AUSTRALIAN SHARES Evening Post, Volume CXXXIII, Issue 41, 18 February 1942, Page 7

AUSTRALIAN SHARES Evening Post, Volume CXXXIII, Issue 41, 18 February 1942, Page 7