COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18585, 20 December 1934, Page 3

COMMERCIAL

GOOD CLEARANCES SYDNEY WOOL SALES (Klee. IVI. Copyright —United Press Assn.) SYDNEY, Doc. 10. At tlio wool stiles, 11,484 halos wore offered and .11,100 sold; also tilt! hales were disposed of privately. Competition wits well maiotalneu and good cloorahees were effected. Prices for all well grown wools ruled in sellers' favor.

Greasy merino made to 20d—equal ling the season’s record price.

INCREASED DIVIDEND

WELLINGTON QUEEN ’ S THEATRE The Wellington Queen ’s Theatre Company, Limited, hips- advised I lie .Stock Exchange .Association that the directors have deckled to pay a dividend at. tlie rate oil 6 per cent per annum for tho year ended October 111. 1934. The dividend will be paid on Friday. The distribution last: year was at flic the rail’ of fi per cent. SYDNEY SHARE MARKET HEAVY TRADING YESTERDAY SYDNEY, iDec. 13. t)u file Sydney Stock Exchange, a substantial volume of business covered a wide range of industrial and trading issues .in to-day’s investment market. Bank shares had a good deal of attention. ■ Australian Glass shares recovered some lost ground.

The Stock Exchange closes for the Christmas and New Year vacation on Friday. Sales: Bank of New South Wales, £3l 15s; Commercial Bank of Sydney, £l7 12s; National Bank of Australasia, £5 paid, £6 ss; Bank of. Australasia, £11: Bank of New Zealand, 49s 6d.

Australian Provincial Assurance. 11s Mercantile Mutual Insurance. 24s Sd

Associated News. 25s 9d; Australian Gas, A and B, £8 2s; British Tobacco, 41s 3d • Tooths,/ 50s 6d; Toohevs, 29s 6d. Australian Glass, 625; Wilcox Mofflin, 9s 7d; Morris Hedstrom, 16s 71d; Electrolytic Zinc, 23s l^d; John McGrath, 35. i 9d; Drug Houses of Australia. 24s 7id : Hume Pipe, 16s; Kubla Ivampur Tin, 13s 9d; Lariit Tin, 11s 9d.

Commonwealth bonds, 4 iter ceht., 1938, £lO3 2s 6d; 1941. £lO5 8s 9d; 1944. £107; 1953. £lll 7s 6d; 1955, £lO9 16s : 1957, £llO 8s 9(1; 1959, £llO Us 3d; 1961. £3lO 12s 6d. Morning sales included : Commercial Bank of Sydney, £l7 10s; Bank of New South Wales, £3l 10s; Bank of New Zealand, 49s 6d; Anthony Hordern, 19s; ditto, pref., 255; Australian Glass, 625; Broken Hill Proprietary, 52s 3d; Colonial Sugar, £43; Dunlop, 19s 1 Odd ; ditto, pref., 38s; Lustre, {j7s. MELBOURNE, Dec. 18..

Sales on the Melbourne Stock Exchange to-day included : National Bank of Australasia. £5 paid, £6 4s; Goldsbrough Mort, 70s; Dunlop Perdi'iau, 19s 9d ; South Broken Hill, 78sTaranaki Oil, 9d.