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AUSTRALIAN SHARE MARKET

IMPROVED TRADING. SYDNEY, Fob. 24. Firmer metal prices and a good advance iu Wall Street industrial shares encouraged investors to operate with greater freedom on the Sydney. Stock Exchange to-day. The market was brighter than for many weeks. Sales.—Bank of New South Wales, £32 10s: Commercial Banking Co. of Sydney, £2O ss; E.S. and A. Bank, £5 5s 9d; Queensland National Bank, £5 2s; Mercantile Mutual Insurance, 31s; Burns, Philp, 535; ditto, South Sea, 28s 9d; Associated News, 22s 3d; British Tobacco, 49s 9d; Tooths, 55s 6d ; Australian Glass, 945; Duulop Perdriau, 23s 4Jd; General Industries, 19s 4jd; Newcastle Gas, A, 12s 2d; Meggitts, 31s; Standard Cement, 19s 3d; Woolworths, Ltd., 27s 3d; United Provisions, 6s 3d; Wilcox Mofflin, 10s lOd; Fairymead Sugar, 34s 9d; Electrolytic Zinc, 48s; ditto, pref., 495; Mount Morgan, 10s Id; Broken Hill Proprietarv, 635; Broken Hill South, 34s 7£d; Rawang Tin, 9s 6d; Larut Tin, 14s 6d; Pungah Tin, 25s 6d. MELBOURNE, Feb. 24.

On the Stock Exchange of Melbourne to-day leading stocks and Barriers remained firm in view of a further improvement overseas. Tin shares attracted moz-e attention.

Sales.—Commercial Bank of Australia, 16s 8d; E.S. and A. Bank, £5 ss; National Bank, £5 paid, £7 3s 6d; British Tobacco, 49s 9d; Carlton Brewery, 67s 3d; G. J. Coles, 32s 6d; Dunlop Perdriau, 23s 4d; Australian Foundation Investment Trust, 5s lOd; Electrolytic Zinc, 48s; ditto, pref., 49s 6d ; Mount Morgan, 10s 2d ; Mount Lyell, 31s 9d; Broken Hill Pi-oprietarv, 62s 9(1.; North Broken Hill, 52s 3d; Broken Hill South, 34s 9d; Zinc Corporation, £5 Is: Emperor, 12s 6d; Loloma, 19s lid.

An old pig paddock of a quarter-acre at Hairini, Te Awamutu, was planted in pampas grass at the latter end of October, 1934 (says the Agricultural Journal).-Tiie pampas made excellent growth, development into large bushes, and attaining a height from 10ft to 12ft. No attention was given to- the stand- as regards removing seeds, stems, etc. The area was fed off (first, feeding) by dairy cows and was particularly well grazed., The stand afforded grazing for 120 cows 20 minutes per

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19380225.2.42.6

Bibliographic details

Manawatu Standard, Volume LVIII, Issue 75, 25 February 1938, Page 4

Word Count
350

AUSTRALIAN SHARE MARKET Manawatu Standard, Volume LVIII, Issue 75, 25 February 1938, Page 4

AUSTRALIAN SHARE MARKET Manawatu Standard, Volume LVIII, Issue 75, 25 February 1938, Page 4