SYDNEY EXCHANGE

New Zealand Herald, Volume LXXII, Issue 22250, 26 October 1935, Page 9

SYDNEY EXCHANGE

YESTERDAY'S BUSINESS GOOD MARKET CONDITIONS (Received October 25. 9.15 p.m.) SYDNEY. Oct. 25 On the Sydney Stock Exchange today good class industrial stocks were again in firm request. Also there was strong buying of Australian bonds. j This morning's sales included:—Coin- ■ monwealth 4 per cent bonds—l93B. £lO2 17s 6d; 15)41, £108; 1947, £lO4 lis 6d; 1950, £lO4 17s 6d; 1953. £lO4 j ss; 1955 and 1957, £lO4 12s 6d. Bank of j New South Wales, £32 ss; Anthony- j Hordorn, preference, 245; Associated ' News, 24s 4Jd; Broken Hill Proprietary i (ex rights'), 55s 9d; ditto, rights, 20k | 7-1 d; Colonial Sugar, £44; Dunlop- j I'erdriau, 16s; Goldsbrough Mort, 31s i 6d; Howard Smith, 18s 6d. Later sales included:—Bank of New j South Wales, £32 ss; Union Bank, £9 j 7s; Australian General Insurance, 17s; j Adelaide Steam, 31s; Howard Smith, j 18s 6d; Australian Gas, A shares, £7 j 15s Gel; Tooth's Brewery, 575; Toohev's | Brewery. 29s 4Jd; Australian Iron and ! Stee'l, preference, 2(is 3d; Australian i Glass, 80s; Dunlop-Perdriau. 10s l.'dGoldshrough Mort, 325; Henry ,Joik\s ; 36s 10Jd: Electrolytic Zinc, 32s SHI; General Industries, 19s; Sargents, 21s 9d; Mark Foy, 20s Claude Neon, 51s lOld; Goodyear, preference, 31s 3d; j Farmers, 2Gs; Anthony-Hordern, 19s 3d; United Provisions, lis Gd; Broken Hill Proprietary (ex rights), 55s 9d; South Broken Hill, 99s Gd; Bulolo Gold, £8; Kuala Kampar, 14s 6d; Mount Kasi, 18s; Loloma, 40s; Koroere 21s. Melbourne sales included:—Commercial Bank of Australia, IGs 9u; ditto, preference, £9 13s; Australian Glass, 79s Gd; Nestle's, preference, 33s Gd; Goldshrough Mort. 325; Herald and Weekly Times, 625; Mount Lvell, 19s Gd; Loloma. 40s Gd; Emperor, 22s Gd; New Morobe, G'Js. SHARLAND AND CO. PROFIT SLIGHTLY HIGHER COMPARISON OF RESULTS The accounts of Sharland and Company, Limited, Wellington, for the year ended August 31, show a net profit of £12.906, against £12,068 in the previous year, and £13.441 in 1933. With £4472 brought forward, there is available £17,378. A sum of £SOOO is placed to taxation reserve and the year's dividends of 5 per cent on preference and ordinary shares, as announced in the Herald on October 7, absorb £6250, leaving £6128 to be carried forward. The company's results and appropriations for the past three years compare as follows: 19';:; 1934 1935 Broupht forward £3.403 £3.054 £4,472 Net profits .. 13,441 12,008 12,900 £10.905 £15.722 £17.378 Apninst goodwill . . 2,000 —• Taxation reserve . . 5,000 S,(K>O 5,000 Dividends, pref. and ord. 5 p.c. . . 6,250 C.250 6,250 Carried forward . . £3.054 £4,472 £0,125 The retiring directors. Messrs. V. J. Larner and A. Young, are eligible lor re-election.