SYDNEY EXCHANGE

New Zealand Herald, Volume LXXIII, Issue 22350, 22 February 1936, Page 9

SYDNEY EXCHANGE

INDUSTRIALS REMAIN FIRM

BANKS RETAIN STRENGTH (Received February 21, 7J55 p.m.) SYDNEY, Feb. 21 On tlio Sydney Stock Exchange to•I ay the market for front rank iikluetrials remained firm, although there was a slight reaction here and there. Bank shares generally maintained their strength, but Commercials of Australia reacted moderately after the recent advance. Brewery shares advanced and Dunlop-Perdriau rallied a little. This morning's sales included: —Commonwealth bonds, 4 per cent, 1944, £lOl ss. National Hank of Australasia (£lO paid), £ls 10s; Australian Gas, A shares, £7 17s (ex dividend); Tooth's Breweries, 565; Associated Newspapers, preference, 24s 3d; British Tobacco, 435; Broken Hill Proprietary, 61s 3d; Howard Smith, 18s 3d; James Stednian, 17s lOJd; Winehconibe-Carson, 335. Later sales included: —Colonial' Sugar, £43 12s Gd; Bank of New South Wales (London delivery), £35 10s; Commercial Bank of Sydney, £2l 6s; National Bank (£5 paid), £7 14s; United Insurance, £l2 Is; Associated Newspapers, 235; ditto, preference, 24s 3d; Howard Smith, 18s 3d; Burns-Philp (South Sea), 295; Australian Gas, A shares, £7 JBs 6d; Berlei, 35s 9d; British Tobacco (London delivery), 435; Tooth's Breweries, 565; ditto (rights), 34s Gd; Tooliey's Breweries, 345; Runlop-Per-driau, 15s 4Jd; Goldsbrough-Mort, 33s 3d; Winchcombe-Carson, 335; WilcoxMofflin; lis 9d; Morris Hedstrom, 265; Greater J. 1). Williams, 8s sd; Henry Jones, 41s; Electrolytic Zinc, 40s; ditto, preference, 41s 3d; Farmer and Company, 29s lid; General Industries, 21s 3d; Mount Morgan, 16s; ditto (rights), 5s Id; Broken Hill Proprietary, 61s 3d; ditto (os paid), 30s 7sd; Larut Tin, lis 3d; Placer Development, £5 6s; James Stedman, 17s 10 Jd. Melbourne sales included: —Commercial Bank of Australia, 20s 3d; ditto, preference, £9 lis; E., S. and A. Bank, £6 6s; Adelaide Steam, 32s 3d; Hud-dart-Parker, 28s 6d; Mount Lyell, 25s 6d; Emperor, 13s; Koroere, ss; Lolonia, 22s 9d. SYDNEY COMPANY'S DEAL CONTROL OF FIJI FIRM (Received February 21, 10.15 p.m.) SYDNEY, Feb. 21 For approximately £BO,OOO, W. R. Carpenter and Company, Limited, of Sydney, has acquired a controlling interest in the form of ordinary shares in Brown and Joske, Limited, general merchants and commission agents, Fiji. Sir Walter Carpenter states that the control of the other company's business will be taken over by his company i immediately. W. R. Carpenter and Company, Limited, has a paid capital of £591,031, in fully paid £1 shares and contributing shares paid to 16s. The last dividend was 10 per cent and the paid shares are priced over £2. The company was formed in 1914. Brown and Joske, Limited, was registered as a private company in 1922 and was converted into a public company in 1929. It has a paid capital of £69,440 in 20,000 £1 preference and 49,440 £1 ordinary shares, all fully paid. The last dividend on ordinary shares was 3 per cent. , NORTH BROKEN HILL DIVIDEND AND BONUS [BY TELEGRAPH —PRESS ASSOCIATION"] WELLINGTON, Friday The directors of North Broken Hill, Limited, Melbourne, have declared a dividend of 2s 6d a share and a bonus of Is a share, payable in Melbourne on March 27. The dividend compares with Is 6d a share last February. In the last financial year the company distributed 9s a share, equal to 45 per ceht. The current year's distributions already total 7s a share. PRICES OF METALS TIN FIRMER AGAIN ' (Received February 21, 8.6 p.m.) £ LONDON, Feb. 20 Following are to-day's quotations on the London metal market, compared with those of February 19:Feb. 20 Feb. 10 Per ton Per ton •**" £ a d • £ s d Copper, stan., spot oo 18 li 35 16 3 Copper, stan„ 3 moB. 36 4 4$ 36 3 1} Copper, electrolytio 40 0 0 40 0 0

. 40 10 0 40 10 0 Copper, elect., wire bars 40 10 0 40 10 0 Lead, soft, spot .. 10 12 G 1G 8 9 Lead, soft, forward .. 16 13 9 1G 10 0 Spelter, spot . . .. 15 13 9 15 G 3 Spelter, forward .. 16 0 0 15 11 8 Tin, stan., spot . . 209 10 0' 207 12 0 Tin, stan., 3 mos, .. 203 0 0 200 11 3

PUBLIC TRUST OFFICE BUSINESS IN JANUARY Estates of a value of £729,561 were reported and accepted for administration by the Public Trustee during the month of January, 1936, compared with £405,229 for January, 1935. Grants of administration made by the Court in favour of the Public Trustee numbered 117 for the month. During the month 319 new wills appointing the Public Trustee executor were deposited for safe custody by living testators and 236 existing wills were revised to provide for changes desired by testators.

GOLD AND SILVER QUOTATIONS IN LONDON (Received February 21. 7.35 p.m.) LONDON. Feb. 20 Fine gold is quoted to-day at £7 Is Id an 07,., compared with £7 Is o,}d yesterday. Silver is quoted at 20d an oz. spot and 19 13-10 d forward, compared with 20 1-10 d and 19Jd yesterday. The quotation for silver at per fine ox, is 21 9-l(kl, compared with 21(d yesterday. * . - The following is a summary of tho fluctuation in the price per ounce of fine gold this .year:— • i fad Highest prico, January 2.. 7 1 4 Lowest price. February 4<v 10 7 0 (> February 14 . • • J J) JJ February 15 7 0 11) February 17 7 ) 111 February 18 . . 7 1 2j February 19 ' ' W February 20 ... 7 .1 I, MELBOURNE PRODUCE MELBOURNE, Feb. 21 Following arc to-day's quotations on the Melbourne produce market: — Wheat, to Us 7jd. Flour. £ll 17s 6d. Bran, £5 15s. Pollard, £6 ss. Oats 2s 2d to 2s 4d. Barley. English, 2s 9d to 2s lOd. Potatoes, £6 10s to £6 15s. Onions, Globes, to £5 15s.