AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22819, 28 August 1937, Page 9

AUSTRALIAN EXCHANGES

BUSINESS RESTRICTED LATER IMPROVEMENT (Recoivei August 27, 7.55 p.m.) 1 SYDNEY, August 27 Early business on tho Sydney Stock Exchange to-day was restricted, but conditions livened up late in tho afternoon. Sales included:— £ s d Commercial Bank Australia 017 IOVa Commercial Banking, Sydney 21 30 0 Bank of Now 'South Wales til 7 (J Dalgoty 30 0 0 Goldsbrough-Mort .. .. I 10 3 "WilcoX'MofTlin .. .. 0 14 0 Winclicombo-Carsou .. 1 30 0 Howard Smith .. ..lit) Ditto 118 Carlton Browory .. .. 3 5 0 Tooth's Brewery .. .. 2 30 o Associated Newspapers .. 1 4 0 Ditto (pref.), .. .. 14 iVi Australian Glass . . .. -1 10 t> Australian Iron & Steel (pf.) 3 7 0 Broken Hill Proprietary .. 4 5 0 Ditto .. .. .. 4 4 9 Colonial Sugar .. .. <3B 17 0 Ditto -ill 0 0 David Jones .. .. 2 19 Drug Houses .. .. 15 4Vi Dunlop-Perdriau .. .•• 13 7 1 /, Ditto 13 0 Electrolytic Zinc .. ..303 Felt and Textilos .. .. 22 0 G. J. Coles .. V. 4 17 0 Ditto .. . . *T. 4 1G 0 General Indus. (N.Z. deliv.) 1 1 3 Henry Jones ... . . 230 3 Lustre Hosiety .. .. 3> 3 6 Peters .. .. .. 2 17 0 Standard Cement .. .. 018 0 Stedman .. .. .. 0 17 0 Tarannki Oil .. .. 0 5 0 Broken Hill South .. 2 8 0 Mount Lyell .. .. 2 3 0 Mount Morgan ■ .. 031 0 North Broken Hill . . 3 18 0 Eawang Tin .. .. 0 32 8 MELBOURNE EXCHANGE On the Melbourne market industrials eased. Business included: — £ s d Nat. Bank A'asia (£5 paid) 7 7< 0 Ditto (£lO paid) . . .. 34 35 0 Metropolitan .Gas . . . . 13 12 O Allied Motors .. .. 0 0 8 British Tobacco '.. .. 211 3 Cox Brothers .. .. 12 5 Emperor . . . . . . 0 14 0 Tongkah Harbour .. .. 14 3 GOLD AND SILVER QUOTATIONS IN LONDON LONDON, August 20 Fine gold is quoted to-day at £6 19s 7d an oz., compared with £6 19s 6Jd yesterday. Silver is quoted at 19j|d an oz. spot and forward, compared with 19 13-lGd both positions yesterday. The quotation for silver at per fine oz. is 21 3-16 d, compared with 212 d yesterday. ' The following is a summary of the fluctuation in tho price per ounce of fine gold this year:— £ s d Highest price, March 6 .. 7 2 7'/ a Lowest price, August 10 .. ol» 3'/ a August 17 B 19 O August IS .. .. .. 610 4/j August 30 . . . . 019 3/3 August 20 .. .. 630 4/j • August 21 010 4 August 23 .. ..0 39 4 August 24 .. ..0 39 4/a August 25 .. .. ..0 19 0/ a August 26 .. . . 019 7 BANK OF AUSTRALASIA SAME INTERIM DIVIDEND LONDON, August 20 The directors of the Bank of Australasia have declared an interim dividend of 3s 6d a share.

The dividend is at nn unchanged rate. It is paid in sterling, subject to British income tax. r AIR TRAVEL (N.Z.), LIMITED INCREASE IN DIVIDEND The accounts of Air Travel (N.Z.), Limited, Ohristchurch, for the year ended June 30. show a profit of £5)17, against £387 in the previous year. The directors provided £96 for income tax and have written £IOO off preliminary expenses, reducing the item to* £l5O, while £430 has been placed to insurance reserve, increasing it to £SOO. They now recommend a dividend of 5 per cent, against 3 per cent last year, requiring £209, leaving £209 to be carried forward, against £127 brought in. The company operates an air mail and passenger service on the West Coast. The past year was its second full year of operation. The amount of mail increased by 177 per cent and that of goods by 83 per cent. Passengers carried were higher by 82 per cent. The company's paid capital is £4687. SALEYARDS COMPANY RECORD PUTARURU REVENUE [FROM OUR OWN 1 correspondent! PUTARURU, Friday A successful year, with a record gross revenue account, was reviewed at the fourteenth annual meeting of. the Putarnru Farmers' Saleyanls Company, Limited. Mr. D. D. Sneddon, chairman of directors, presided. The annual report stated that the heavy losses incurred by the company in its early years, which amounted to several hundreds of pounds, had been greatly reduced, the sum of £3l only being outstanding. Directors for the year were elected as follows: —Messrs D. D. Sneddon (chairman), R. A. Bent, F. J. Peters, H. J. W. Scott. H. W. Baldwin, A. Vincent and K. S. Cox.

* CALL AND DIVIDEND LIST Dividends Due Wlnchrombe Carson —final,' 4 p.c. Aug. 80 Argo (No. 10) —Id a share .. Aug. 30 Carlton Brewery—int., 15 p.c. p.a. .. .. .. Aiig. 81 Quill, Morris—int., 5 p.c. p.a. . Aug. 81 Myttons—final, pref., 01/3O l / 3 p.c. p.a.; ord., (i lie . . . . Aug. 81 Wright, Stephenson—final, pref., 6 p.c. p.a.; ord., 3 p.c. .. Aug. 8t Dom. Rubber—lnt., 5 p.c. .. Sept. 1 Elder Smith —final, 4 pc. ~ Sept. 1 North Auckland Farmers' Cooperative—pref., 5 p.c. p.a. Sept. 2 Nemonn —Id a sharo . . ... Sept. 8 Taupo-Totara—pref., 5 3-5 p.c.; ord, 4 p.c Sept. 7 Electro. Zinc—final, pref., and ord.. Up.c.; bonus, Gd a share . . .. ■ • Sept. 10 Broken Hill South—ls 3d a sharo . .. .. Sept. 15 Huddart • Parker —int.. prof., 8 p.c.: ord., 5 pc. .. Sept. 10 Auckland Farmers' Freezing—--0 p.c. p.a. .' Sept. 24 Dunlop-Perdriau—final, pref., 6 p.c.; ord. 4 p.c. .. Sept. no N.Z. Drug—int., h'A p.c. .. Sept. 30 North Broken Hill—final Is fid and bonus Od a share . . Sept 30 Standard Tnstirnnrp—final. Is 3d a share H«Pt °V.K Millincr.v—con.. 10s a • share.- making i'l pnlri . Aug. 30 (jrr.v Rjv.°r—third 1s n<\ n unar* Hctit l/i WHEAT, FLOUR AND SUGAR LONDON, August 20 Wheat.—Cargoes nre steadier and parcels unchanged. Futures. —London: August, 41 s Id a quarter; November. 43s ,'id. Liverpool: October, 8s 43cl a cental: December. 8s 4}d: March, 8s oi<l Spot trade is quiet. Australian, ex ship. 44s 6d. Flour is easier. Australian, ox store, **2s to U2s !)d. Raw sugar, beetroot basis. Oh ojd a cwt. CHICAGO. August 10 Wheat. —Futures; September. 1 dollar 6| cents a bushel; December, 1 dollar 82 cents; May, i dollar 11 cents.