AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23175, 22 October 1938, Page 9

AUSTRALIAN EXCHANGES

QUIETER MARKETS INDUSTRIALS FIRMER (Received October 21, O.flO p.m.) SYDNEY, Oct. 21 The Sydney Stock Exchange was quieter to-day with little change in prices. Sales included: i; s d Commercial Hank Australia.. o 17 0 Commercial Hunk Sydney . . 2u 5 0 Hank of Australasia 10 h () Bank of New South Wales :!l 5 t) Ditto .. .. :tl 2 (1 K., S. and A. Hank . . . . 10 (» Queensland National Hank .. 4 10 0 Union Hunk . . .. .. S 12 0 Tooth's Brewery . .. 2 15 0 Ditto 2 110 Anthony llordern .. o 15 (i Associated Newspapers .. 11 4Va Australian Glass ~ .. 1 1(1 0 Ditto 4 18 0 British Tobacco .. .. 2 H (1 Broken Hill Proprietary .. 2 18 <5 Ditto (eon.). N.Z. deliv. 1 It) 10% Colonial Sugar .. .. 48 5 0 Electrolytic. Zinc .. .. 2 4 0 Ditto (pref.) .. .. '2 8 0 ITenry JoneN .. .. ~ 2 8 3 Millaquin Sugar . . .. 110 3 Taranaki Oil .. .. 0 14 0 W. Adams .. . . 0 14 0 Woolworths (Syd.) (Ist pf.) 2 1 (3 Larut Tin .. .. 0 12 8 Mount Lyell 1 10 0 Rawang Tin . . . . .. 0 8 8 Commonwealth Bonds.—>l per cent, 1038. £lOl 10s; 1041, £lO2 13s f)d; 1044, £lOl 15s; 1017, £lO2 10s; 1050, £lO3 2s Od; 1055, £101; 1057, £lOl 7s «d; 10(11, £lO3 7s Od. MELBOURNE EXCHANGE On the Melbourne market leading industrials were firmer. Australian Glass moved up sharply on the higher interim dividend. Business included: — £ s d Commercial Bank Australia. . 0 10 10 Nat. Bank A'asia (£5 paid) (> 17 0 Ditto (£ 10 paid) .. .. 14 5 0 Bank Australasia .. .. l<> 5 0 Huddart-Purker .. . • 2 8 0 Australian Glass .. .. 4 18 0 British Tobacco .. 2 8 0 Broken Hill Proprietary .. 218 3 Drug Houses .. . . 15 0 Dunlop-Perdriau .. .. 10 8 Electrolytic Ziuc .. .. 2 4 0 Ditto (pref.) .. 2 7 7 G. J. Coles .. .. 3 10 3 Henry Jones . . .. .. 2 8 0 Herald and Times .. .. 2 17 0 Imperial Chemicals (pref.) .. 12 8 Broken Hill South .. .. 1 12 4 Emperor . . .. .. 0 12 10 Loloma . . .. .. 13 6 Mount tLyell 110 4 Mount Morgan. .. .. 011 0 North Broken Hill .. 2 10 0 BANK OF NEW ZEALAND SAME INTERIM DIVIDEND RATE 10 PER CENT PER ANNUM [BY TKLKQItAMI —I'IIKSS ASSOCIATION J WELLINGTON, Friday The directors of the Bank of New Zealand announce that an interim dividend of Is a share on ordinary shares and of per cent on the D long-term mortgage shares will bo paid in New Zealand currency on December 10. The bank has maintained its dividend on a 10 per cent per annum basis from 11)34. The interim distribution, which is for the half-year ended September 30, represents 5 per cent and requires £187,500. The dividend on the D longterm mortgage shares is at the fixed rate of 7i per cent per annum and absorbs £17,578 for tho six months. An interim dividend is also paid on tho preference B sharas and tho C longtorm mortgage shares, which are held by the Government. \v. hj! soul and company BONUS AND DIVIDEND (Received October 21, 0.30 p.m.) SYDNEY, Oct. 21 W. H. Soul, Pattinson and Company, Limited, announce having added a bonus of 5 per cent to the dividend at the customary rate of 10 per cent per annum in respect of tho past halfyear. The dividend in the last financial year was 124 per cent. GOLD FOR HOARDERS FIVE-OUNCE BARS NOW MADE Increased facilities are now available ? in London for small investors who wish to hold gold' and those who require exnet quantities. The vnlue of the usual bar of gold is about £2850, but to-day some London refiners have been making bars of weights which correspond to specified sums of money. This is found to be very useful when the supply of sovereigns, eagles and Continental gold coins is temporarily exhausted, five- j ounce bars nre now obtainable for about £36 each, and even smaller bars are I being made. COLONIAL SUGAR COMPANY MARRIED WOMEN SHAREHOLDERS Tho Sydney Stock Exchange has ad- ' vised the Now Zealand Exchanges that, subject to confirmation of the Court, the Colonial Sugar Refining Company, Limited, will accept share transfers to married women up to the evening of November 1, entitling transferees to participate in tho November dividend. _j GOLD AND SILVER QUOTATIONS IN LONDON LONDON, Oct, 20 Fine gold is quoted to-day at, £7 5s I 9Jd an ounce, comparer] with £7 5s HJd yesterday. Silver is quoted at 11) 11-lfid nil ounce spot, and 10jd forward, compared with 10 13-10 d and 10§d yesterday. The quotation for silver at per fine ounce is 21 id, compared with 21 Jd yesterday. Gold to tho value of £1,157,000 sold to-day at £7 5s f).Jd. I'lie following is a summary of the fluctuations in the price nn ounce of fine uold this year: C s (I Highest price, September 2H 7 7 0 Lowest price, January 3 .. (f i» ft October II ..7010 October 15 .. 7 0 8 1 /, October 17 7 (! (i October IN .. 7 (i 2 October 10 ~ .. ..7 r> 8% October 20 . . . . ..7 5 o'/, CALL AND DIVIDEND LIST Dividends Due Guar. C'orpn.—final. 2d a sharo Oct. 20 South Brit MM—final, a sharo Oct. 27 United Provisions—ord., 3 p.c. p.a.; pref., final, 4 px. .. Oct. 28 Drug Houses of Aust., Ltd.— final. W/t p.c Oct. 31 British '1 obacco—pref., quarterly, (>V a p.c. ji.n Oct. 31 United Building (Auck.) —final, 2'/a I>.C Oct. 31 Martha—int., od a share, tax free, sterling . .. Nov. 1 Australian Iron and Steel—pref., half-yearly, £5 Kis 8d p.c. . Nov. 1 Macky, Logan—int., 2'/ a p.c. ~ Nov. 1 Bank of Adelaide—int.. 5 p.c. p.a. . . . .. Nov. 2 Emperor Mines—ls a share .. Nov. 10 Australian (ilass- int., ord., 7 p.c., pref . 4'X, jm\ . . Nov. Hi Broken Hill l'ty.—half-yearly, Is lid a share; new, 5d a share Nov. 23 Nat. Bank A'asia—int., (J p.c. p.a Nov. 30 Bank N.Z. int., ord., Is a share; D niort., 3'„ p.c. . . Dec. In Calls— Woolworths Props.—His a share . Oct. 31 Dominion Breweries—new, 5s a share Nov. 14 Broken trill Pty.—new, 6g a sharo Nov. 301