COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18584, 19 December 1934, Page 12

COMMERCIAL

A HIGHER TREND SYDNEY SHAKE MARKET SYDNEY, Dec. 17. On the Sydney Stock Exchange, despite some selling pressure due to the approach of the holidays, the trend in industrial share values to-day was higher, while the announcement of a further lowering of short term- deposit and savings bank interest rates did not greatly affect the gilt-edged section. Sales: Bank of New South Wales, £3O 12$ 6d; Commercial Bank of Sydney, £l7 10s; Colonial Sugar, £42 15s; Bank of Adelaide, £6 ss; Adelaide Steam, 29s 6d‘; Howard Smith, 15s 9d; Burns Philp, 62s 6d; Australian Ca.s, A, £8 Is; British Tobacco, 41s 3d; Tooths, 50s 6d; Australian Glass, 61s 6d; Dunlop Perdriau, 20s. Winclieontbe Carson, 295; Wilcox Mofflin, 9s 9d; Henry Jones, 35s 6d; Farmers, 26s 6d ; David Jones, 19s; Anthony Hordern, 255; Lustre Hosiery, 27s 6d; Australian Iron and Steel, pref., 22s ].o£d; Newcastle Gas, A and C, 13s 6d -; Mount Morgan, 25s lOld. Morning sales included Commonwealth bonds, 4 per cent., 1938, £lO3 2s 6d: 1941. £lO5 7s 6d ; 1944, £lO6 15s; 1947, £lO9 ; 1953, £lll ss; 1955, £lO9 7s 6d; Bank of Now South Wales, £3O 12s 6d; Australian Gas, A, £8 Is 6d; Toohoys, 29s ; Anthony Hordern, 18s 7}d ; Australian Glass, 60s 9d ; Broken Hill Proprietary, 52s 6d; Colonial Sugar, £42 15s; Dunlops, 19s 9d. MELBOURNE, Dec. 17. Sales on the Melbourne Stock Jv!xchange to-day included: National Bank, £lO paid,. £l2 16s; British Tobacco. 41s 3d; Nestles, pref.. 39s 9d: Herald and Weekly Time's', 57s 9d; Mount l-vcll, tfs 8d;