BONDS AND SHARES

Northern Advocate, 15 September 1934, Page 15

BONDS AND SHARES

AUSTRALIAN TRANSACTIONS. SYDNEY PRICES APPRECIATE. SYDNEY, September 14. After a week of rising prices, shares bn the Sydney Stock Exchange went still higher today in anticipation of the general election tomorrow resulting in the return of the Lyons Government. The turnover was large and widespread throughout the market, and there was a strong, confident tone. Banking shares particularly were strong. Heavy dealings ori the gold market also were recorded, mostly at

advanced rates. Commonwealth bonds | were firmer.

Morning sales included:—Commonwealth 4 p.c. bonds, 1938, £lO5 8/9; 1944, £IOB 10/; 1947, £lO9 16/3; 1959, £llO 1/3; 1961, £llO 15/. Bank of New South Wales, £32 17/6; Australian Gas, A shares, £7 18/6; Australian Glass, 54/; Toohey’s Brewery, 30/6; Associated News, preference, 24/U; British Tobacco, 39/3; Broken Hill Pty., 50/6; Colonial Sugar, £O7 17/6; Dunlop Perdreau, 20/4-J; Wilcox MofTlin, 12/; Winchcombe Carsons, 29/.

Later sales included:—Bank of New South Wales, £33; National paid, Now Zealand delivery, £6 11/; Mercantile Mutual Insurance, 23/; Howard Smith, 16/6; Colonial Sugar, £67 17/6; British Tobacco. 39/: Tooth’s Brewery, 47/; Toohey’s Brewery. 30/G; Australian Iron and Steel, preference, 23/10J; Hume Pipe, 13/2; Goodyear, preference. 32/6; Gordon and Gotch, 45/; Automatic Totalizators. 20/; Amalgamated Textiles, 12/8; Drug Houses of Australia, 21/6; Goodlet and Smith, 17/101; Meggitt’s, 21/6; Australian Glass, 54/; Dunlop Perdreau. 20/41; Goldsbrough Mori, 30/6; Winchcombe Carsons. 29/; Wilcox Mofllin, 11/10; Morris Hedstrom, 16/3; Henry Jones,

35'; Electro Zinc. 27/; Farmers. 22/3; David Jones, 42/; Standard Cement. 19/6; Mt. Morgan. 34/3; Broken Hill Pty., 51/; Broken Hill, 77/; Placer Developments, £26 17/; Eurather Gold, 10/6. Commonwealth 4 p.c. bonds, 1938. £lO5 8/9; 1941. £lO6 10/; 1944. £IOB 5/; 1947, £lO9 15/; 1950. £109; 1953. £lO9 12/6; 1955. £lO9 5/; 1959, £llO 1/3; 1961, £llO 15/. Melbourne sales included: —Howard Smith, 16/3; Commonwealth Bank of Australia, 17/11; North Broken Hill, £5; Mt. Lyell, 20/1?,.