COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18587, 22 December 1934, Page 16

COMMERCIAL

FIRM IN ALL SECTIONS

SYDNEY SHARE MARKET

SYDNEY, Dec. 20,

On tho Stock Exchange to-day business was firm in all sections, although tho turnover was below normal. Banks wore neglected. Sales: Colonial Sugar, £42 10s; Associated News, 25s 10Jd; Australian Gas, A, £8 2s; British Tobacco, 41s; Tooths, 50s 9d. Australian Glass, 01s; Dunlop Perdriau, 19s 10Jd; Morris Hedstroin, New Zealand delivery, 10s 9d; Electrolytic Zinc, 23s Od; Farmers, 275; David Jones, 41s 0d; Hume Pipe, 10s Od; Meggits, 22s 3d; Placer Development, £22 15s; Euratha Gold, 7s lid.

Commonwealth Bonds, 4 per cent, 1938, £lO3 7s Od; 1941, £lO5 15s; 1944, £lO7 7s Od; 1947, £lO9 ss; 1950, £lll ss; 1953, £lll 10s; 1955, £lO9 15s;

1957, £llO 12s Od; 1959, £llO 15s; 1961, £llO 15s.

Morning sales included: Commonwealth Bonds, 4 per cent, 1955, £lO9 15s; 1957, £llO 12s Od; 1959, £llO 15s; 1901, £llO 15s; Tooths, 50s 9d; Anthony Hordern, 18s Dunlops, 19s 10M.

MELBOURNE, Dec. 20,

Bales on the Melbourne Stock Exchange to-day included: National Bank, £5 paid, £0 4s; Goldsbrough Mort, 30s’ 3d; Herald and Weekly Times, 58s 6d; Howard Smith, 15s 9d; Blount Lyell, 17s 9d.

HASTINGS STOCK SALE

SHEEP SELL WELL

Both fat and store sheep sold well at the Hastings stock sale on Thursday. Fat sheep met with an improved sale, lambs in particular meeting with keen competition for butchering interests. Ewes were firm on last week, while wethers were unchanged. Lambs sold to 255; wethers to 23s Id, and ewes to 16s.

Store sheep comprised principally rape lambs, which were firm to easier on good sorts, while poorer lines were easier. Wethers sold well at improved rates. Lambs brought to 15s, and wethers to 19s 9d. A Morere entry of 250 mixedsex, store conditioned, black-faced lambs, mixed in size, from Mr. Walter McKenzie, sold at 10s. The store cattle entry was small, and the market fair, with little change.

BRIAN BORU 1 GOLD DREDGE

The Brian Boru dredge repairs have been effected, and dredging was resumed at midnight on Tuesday. There will be a wash-up this week-end, and operations will then cease until after the new year holidays.

AUSTRALIAN PRODUCE MARKETS

SYDNEY, Dec. 20

Wheat on country sidings is quoted at, bagged 2s a bushel, bulk Is .lid, which is equal to about 2s 7d ex trucks Sydney. Flour, £7 5s a ton; bran, £5; pollard, £5 ss. -» Potatoes. Tasmanian, £l4 a ton; Victorian, £l2; local, £l3 10s. Onions, Victorian, Brown, £8 10s a ton; Globes, to £ll. Maize, white and yellow, 3s 3d a bushel.

ADELAIDE, Dec. 20.

Wheat: Growers' lots, old crop, 2s 5d a bushel; new season’s lots, to 2s 7-id. Flour, bakers' lots, £7 10s a ton. Bran, £5 a ton. Pollard, £5 2s Od a ton. Oats, Algerian, Is 8d to Is 9d; milling, 2s Id a bushel. Barley, 2s 8(1 a bushel.