COMMERCIAL

Gisborne Times, Volume LXXIII, Issue 11841, 24 January 1933, Page 3

COMMERCIAL

■ LONDON STOQK- EXQHAye R , // iLißtle-business ’doing: , ■ jU.P.'Aldby* Elec. ; .Tei- _ LONDON/ Jhn...21., Stock. Exchange ■’conclLiicns' la'st jWe.ck . are fbost; deßcribe'd?,as/ stagnant,' /for -though, thereßia's' been hovserioufi dp-' fciiiiQ ’in prices''in any -section .ness) has 'fallento' very, sma.ll . dirnenniims/exccplj hi; South' Africa' jpinwf. .slia/ej/ (ii/ which' 'dealings /have) JEeh ac’tiy.q under the, stimuiiis of' .the aline/iii r th,ol , s t°rjing( t /alqo ,of/t-h/ j /r/“' r y / '••^Gil^edgfetL^y.pVhggn/dhli^w.Rhv.;;a' ( slightly! easle'r'..,tdiicl.epc i Y . irk .! .British; funds/ bqt Australian and New,, Zca-: land 'continue Jo'; steadily harden.. ~ /• Industrials, 'which started' tbp Row yea/ so. briElcly, baye not maintained .the jactjyity., / . // /:' ') ’ /• . . ... . The.removal of. pajt of Treasury embargo on lead; .to a revival in , capital 'flotations jn, the . near ’ future. Already . newspaper anil tailoring firms’ issues, have' (beep. but two jjipnRipal , loans' Bnrqslpy „ an.d .Essex,, Cpupty,’ failed to bit ’ the, .pu.hlie taste , and; the ;underwriters were ‘left with a.large proportion; , This',.is'at;tribut:. able; chiefly, to,the high prt.ipe at.whicb they were, issued, for investors . are keen, on paying .£9B for municipal |3I par cent; -stock when they can getithe Cpnversioh Lonn.nt’£99. ’’ j STOCTvS AND' SHARES. . ' .• (U>.A. hv,Elec T 4- Cnpvrlght! ~» 1 ■' ..' .! ■' SYDNEY/Jan. 23. ; /....Stock, exchange, sales this morning wpre: 'GovermnenVbonds, 4 per cent.. 1951.-53,' eiOl.Ws Cd Commercial Ranking Company of : Sydney, £l9 Ids; Toobeys, 20s lOid/ Grtldsbrough Mori'. 25s A. id;" -'/ v ?/ ;" • 1 (Press Associa.iion.''. '' : ’AUCKLAND, Jan. 23. Sales on' ’ChangeNokomai, 5s 9d, 5s 10d: Waihi. 21s 10d ; Batik of New Zealand, 43s 6d; Commercial Batik, Ips ;8<1; Pnkemiro Coal,'22s 6d ; Government bonds, .51. per ' rent... 1937; £lOl 10sh stock. ..ditto. £lol.;ssd . ' : OHRTSTCTITTRCF; Mah." ,23.'

.Sales on ’Change : Commercial Bank of "Australia: enm.div., los 9d, 15s 8(1 ; .ER. and A. Rank, ,£4 ;lls CA (3); Bank of New Zealand,Mils, 6d : -T T nion. Bank of Australia,’ corn div.. £7 17s: C-aldsbroneb.'MorP. : 24s Gd. 24s 7d OR', Ftp ted Buildiilg Society, 14s 7J: New Zealand Breweries. ?9s (41; Dunlop Rubber. 17s .Id : Golden Down.,,4s 7d, 4s: 6d- : (2L'"4/-7d’/Oltaf ... : ' Reported- sales:' Commereial't-Bnuk of,’;Aastlrrilia. pref.. cum div.-, '£7 18s> Ifunlon Rubber: 17s Id ;'Mount Lyell 21;s ,6d. •'' ' ' " ' ' ; - :-// r '; DIJNEDIN, Jan. 93 Sales reported: Union Bank, £S cqm; div., Eawnrau,.fid ; ’Nokoinati 5s lid.’ '