AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23381, 24 June 1939, Page 11

AUSTRALIAN EXCHANGES

NO MAJOR ALTERATION SELLING PRESSURE ABSENT (lieccived Juno '-'3, 8 p.m.) SYDNEY, June 23 The share market to-day was a little; brighter, but only minor changes occurred in prices, sellers showing no disposition to press business. Sales included:— £ s d Bank Xew South Wolfs . . 2.s 1"' 0 Commercial Blinking Sydney lit 0 o Commercial Bank Australia 0 14 10 Dalgety .. .. .. 5 10 0 Huddart-Parker .. .. 'J 10 3 Tooth's Breweries .. .. 2 1- 3 Ditto 2 12 o Tooliey's .. .. .. 1 8 i; A.C.I. LIT. T'/j Associated News .. 0 IS 10 Ditto (pref.) .. .. 10 0 British Tobacco .. .. '2 7 0 Broken Tlill Pty. .. .. 3 o o Colonial Sugar . . . . 45 - <> Ditto .. .. .. .J." O 0 David .Tones . . . . . . 1110 Electrolytic Zinc .. .. 2 7 0 fipnernl Industries .. .. 0 10 0 Millnquin Sugar . . . . 2 10 Morris ITedstrotn .. .. 10 3 Xewhold Brick . . .. 10 0 Woolworths (Sydney) .. J 0 Ditto IX.Z. delivery) 12 0 Woolwnrths Prnn (X.Z. deliv.) 1 2 0 Xorth Broken Hill .. .. 2 10 Bulolo Ooltl . . .. .. or. 0 Rawang Tin .. .. . . 0 »> 8 Commonwealth Bonds.—3% per cent, 1018, €100; 4 per cent, 1044, £IOO 13s Od: 1017, £lOl 2s (Id: inr,o. £lOl T2s fid; 1!).')7, £IOO 10S; 1001, £10! r,s. MELBOURNE EXCHANGE Sales on the Melbourne Exchange included: — £ s d Commercial Bank Australia 0 14 0 Ditto (pref.) . . 8 14 0 National Bank A'asia (£5) 6 0 0 British Tobacco .. .. 2 7 6 Dnnlop-Perdriau .. .. 0 10 7 Imperial Chemicals (pref.) 12 7 Mount Lycll .. .. 15 0 Loloma .. .. . . 1110 LONDON TONE WEAK POLITICAL UNCERTAINTIES • LOXDOX, June 22 The markets are weak on the political uncertainties. Chinese bonds are sharply declining, as with the Japanese encroachments in Tientsin it is feared that the Chinese will bo unable to keep up their struggle to maintain service loans, which are secured on the customs revenue. A message from New York states that turnover on the New York Stock Exchange totalled 100.000 shares, as against 470,000 shares on the previous day. GOLD AND SILVER QUOTATIONS IN LONDON (Received June 23, 0.25 p.m.) LOXDOX, June 22 Fine gold is quoted to-day at £'7 8s 6Jd an ounce, compared with £7 8s s id yesterday. Silver is quoted at 19id an ounce spot, and 19 1-] Gel forward, compared with 19d and 18 I."}-16d yesterday. The quotation for silver at per fine ounce is 20$ d, compared with 20 J d yesterday. The following is a summary of the fluctuations in the price an ounce of fine gold this year:— £ s d Highest price, January 4 .. 7 10 5 Lowest prici January 27 . . 7 8 2 June 10 . . . ..78 OV4 Juno 17 .. .. ..780 June 10 .. . . ..780 June 20 . . .. 7 8 5% . June 2L .. .. ..78 5Vi June 22 .. .. ..7 8 O'/i

PRICES OF METALS SLIGHTLY EASIER TENDENCY LONDON. June 22 Following are to-day's quotations on the London nict.il market compared with those of yesterday. June 22 June 21 Per ton Per ton £ s d £ s (I Copper, stan., spot t'J >■ 1 OV4 <l2 4 -1% Copper, stan., 3 mos. -12 <> 111% 42 10 7/a Copper, electrolytic <l7 JO 0 47 JO 0 to , to 48 10 0 'lB 10 0 Copper, elect., wire bars 'IS 10 O 48 10 0 Lead. soft, spot 14 13 1% 14 15 7% Lead, soft, forward 14 15 ~V 3 14 10 10% - Spelter, spot .. 13 10 3 14 0 Spelter, forward I t 0 7Vj 14 4 414 Tin, Stan., spot 2"-'!> - G U - Jl> 7 O Tin, stan., 3 mos 224 17 0 225 2 0

BRADFORD MARKET TONE QUIET, PRICES FIRM LONDON, June 22 The Bradford market is quiet, but prices are firm, and the full output is readily absorbed. Following are to-day's quotations and those of recent weeks:— June t JuneS June Ift June 22 per lb. per lb. per lb. per lb. d d d d Seventies .. 2(1 20 2< .'/a 20 V;, Sixty-fours .. 2f'/ a 25 25 1 /, 25% Sixties .. 23", 21 24V, 24% Fifty-eights .. 21% 22 22% 22% Fifty-sixes .. 20 20 20% 20% Fifties ..17 IS in 10 Forty-sixes .. *lO% *l7 * 17% *17% Forties .. *!<»% 'l7 *17% *17% •Nominal. CALL AND DIVIDEND LIST Dividends— Due Hill and Plumrner —10 p.c. p.a. June 27 Goldsbroinrh-Mort —final, 2'/ a p.c. June 28 North Broken Hill—quarterly, Od a sharo . . .. .. Juno 28 Farmers' Trading—ord., 7 p.c. p.a. .. .. . • .. June 20 British Tobacco —quarterly, ord., 2 p.c. . . . . .. June .'SO Morris Iledstrom —final, 3 p.c. (Fiji currency) .. .. June 30 Morris iledstrom—final, 3 p.c. . June 30 R. and E. Tinsre.v —pref., halfyearly, 3 p.c. .. . . June 30 Komata Heefs —final. 3d sterling a share .. .. July 1 National Mortcasre —int., 5 p.c. p.a. sterling . .. .. July 1 Queensland Insurance—int.. Is a share . . . . . July 1 E'clt and Textiles 2nd pref. (Marrh 13 to Juno 30), 0 p.c. p.a. .. .. July 1 Nat,. Bank N.Z.—final, 2% p.c. (less British Income tax) .. Jnl.v 4 Consolidated Brirk—final, 3 p.c. .July 5 Woolworths (N.Z.)—int., 5 p.c. July 15 Woolworths Properties half-, yearly preferred ordinary, 0 p.c p.a. .. Jnly 15 G. J. Coles—A pref., half-yearly, 8 p.c. p.a. .. . - .. July 15 Calls— Broken Hill Pty. new. final, 5s a share . . July 31