COMMERCIAL

Evening Star, Issue 21318, 24 January 1933, Page 10

COMMERCIAL

SYDNEY STOCK EXCHANGE

Press Association— By Telegraph—Copy right.

SYDNEY, January 24. (Received January 24, at 2 p.m.) .Stock Exchange sales overnight:Colonial Sugar (.New Zealand delivery), £54 ss. Sales to-day: 4 per cent. 1438 Bonds £lOl 17s 6d; 4 per cent. 1941, £l()9-’4 per cent. 1947, £lO2 8s 9d; 4 per cent. 1950, £lO2 15s; 4 per cent. £lOl 15s; Commercial Banking Coni paw). Sydney, £l6 10.: Colonial Sugar, £54 5s and £54 2s 6d.

THE INDIAN LOAN,

TRIUMPH FOR CREDIT STABILITY

CALCUTTA, January 23. (Received January 24, at 12.5 p.m.) The loan issue induced a frantic rush of investors, resulting in the banks being unable to accept cash. The whole loan was taken up in Treasury Bills. It is regarded as a triumph for India s credit and stability, which will pave the way for the operation of a big conversion issue.

P. AND O. SHARES

Press Association —By Telegraph Copyright

LONDON, January 23. (Received January 24, at 11.30a.in.) P. and O. shares, 16s 4]d.

SALES ON 'CHANGE: THIS DAY

Christchurch New Zealand Government 54 per cent. - In* scribed (February, 1937), £lOl ss; National Bank of New Zealand, £3 7s 6d ; Bank of New Zealand, 43s 6d; New Zealand Refrigerating (10s paid), 4s; British Tobacco, 32s 3d; Colonial Sugar, £52 ss; Mount Lyell, 21s 4d; Nokomai, 5s 9d (three) ; Okarito, 8s lid; Waihi, 21s 6d. Auckland. —Paper Mills, 21s 3d; AVilson’s Cement, 27s 6d ; Donaghy’s Rope, 30s 6d ; Union Bank, £7 17s 6d; Colonial Sugar, £52 ss; Bank of New Zealand, 435; Grand Junction, 3s 6d.