COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 18976, 28 March 1936, Page 8

COMMERCIAL

SYDNEY EXCHANGE EXPANSION IN. TURNOVER SYDNEY, March 26. Renewed buying interest in investments was reflected in a marked expansion in the turnover on the Sydney Stock Exchange to-day. There was a hardening tendency in values and Broken Hill shares commanded greater attention. This morning's sales included :—Common wealth bonds. 4 per cents. 193bV' £102; 1941 £lO2 ss; 1944, £lO2 10s; 1947, £lOl 18s 9d; 1953, £102; 1955, £IC2 12s 6'd. Commercial Bank'of Sydney, £2l 3s: Bank of New South Wales. £35; National Bank of Australasia (£lO paid). £ls 7s; Tooheys, 325; Tooths. 62s ; Anthony Hordern.' 20s; Associated News, 22s 9d ; D.unlop'-Perdriau, 14s 2d ; Henry -tones, 39s 9d. Later business "fncludrd :—Commonwealth bonds, 4 per cents. 1932,'£102 Is 3d; 1941, £lO2 7a 6d.; 1944-, £lO2 10s; 1947'. £102; 1950. £lOl 1& 6d ; 1953. £102; 1955, £lO2 12s 6d; .1957. £lO2 7.s 6d; 1959. £lO2 13s 9d ; 1961, £lOl 2s 6d. Bank of New South Wales. £35; Commercial Bank of Australia, 20s bd; Union Bank, £lO Is; Bank of-Aus-tralasia, £l2 ss; Colonial Sugar, £42 10s; Adelaide Steam, 30s 4.JdY British Tobacco,'4ls 3d; Tooths, 52s'; Tooheys. 32s 3d: Morris Hedsfrom. 255, Create r J. D. Williams, 7s 7d,"Henry Jones, 39s 9d; Electrolytic Zinee, 38s 3d; David Jones, 435; Anthony Hordern. 20s; Amalgamated Textiles, 9s 9d : K'andos, 23s 10-id.: Claude Neon, 59s 3d; Mark Foy, 24s 6d : Australian Gypsum. 18s 4-^tl; United Provisions. 14s; Sargenls,~2ss; Hume Pipe, 17s; Woolworths (second prcf.), 25s 6d ; Australasian Paper. 38s; Mount Morgan, 16s 4d : Broken Hill-Proprietary, 60s; South ' Broken" Hill £5 14s 6d ; North Broken Hill, £8 9s; Zinc Corporation. 84s 6d; Kuala Kampar. 14s 7d ; Kawang, 8s 9d : Loloma, 19s; Emperor, 12s 2d. Melbourne sales included : —English, Scottish and Australian Bank. £6 6s; Electrolytic Zinc, 38s; G. J. Coles, 71s 9d • Herald and Times. 65s ; Woolwortha (Victoria). 28s; Mount Lyell. 23s 9d : Elmperor 12s Id; Loloma, 19s. AUSTRALIAN STEEL PROFIT ONE-THIRD LOWER Australian Iron and Steel, Limited, Sydney, reports a net profit lor the year ended' November 36-" of £BO,OOO, compared with £120,774 earned in the previous year and £70,350 in 1 032-33: Dividends of 7i per cent, per annum on the cumulative preference shares for the halt-years ended November 1, 1931, and May 1, mil', less statutory deduction for the latter period, together require £65,142, and £395,154 is carried forward, against £380,287 brought into the accounts. The directors state that the outlook continues to be satisfactory. Although it is not stated, the reduction of prices announced by the Broken Hill Proprietary Company, Limited, in May last appears to have forced the company to work on a lower margin of profit. The company's ordinary capital of £2,700,000 is now owned entirely by the Broken Hill Proprietary Com ; pany, which bought out the interests of Other concerns. The preference capital of £1,000,000 is held publicly. E.S. AND A. "BANK INEERIM. DIVIDEND gNCHANCVED The English, Scottish, and Australian Bank, Ltd., has advised the Stock Exchange Association that an interim dividend of -I per cent, for the six months'ended December .'!), 1935, will be payable on May 1. Share transfer books will bo closed from April 17 to .'id inclusive.' The dividend is at an unchanged rate. WOOLWORTHS (N..Z.) LTD. INTERIM PREFERENCE DIVIDEND Woohvort.hs (N,Jj,"J, Limited, have advised the Stock Exchange Association that an interim div.aend of 4} per cent, oh the paid-up preference share capital of the company has been declared', and will be payable on April 15. The preference share transfer books will be closed from April S to 15, inclusive, the last date on which the transfers will be accepted being April 4.

AUSTRALIAN. PRODUCE SYDNEY, March 25. Following are to-day's quotations on the Sydney produce markets :-—Wheat, at country sidings. 3s lid, equal to about 3s 8d ex (rucks Sydney; flour. 4J9 10s; bran, £5 10s: pollard'. £6; potatoes, Tasmanian. to ,C 9 : onions, Victorian, £9 : maize, 4s 6d. Adelaide prices- are: - Wheal. growers' lots. 3s fj.'.d : Hour, bakers' lots. C 9 10s: bran ami pollard. C 6 2s 6d : oats, In Is 9(1 : barley, to Is lid.