COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19041, 15 June 1936, Page 11

COMMERCIAL

INDUSTRIALS ADVANCE

AUSTRALIAN SHARE MARKETS

SYDNEY. June 12. The continued .steady demand for industrial shares on the Stock Exchange to-day was responsible for a price rise over a wide range of issues. Government bonds remain quiet. Sales: Commercial Bank of Sydney, £2O; Queensland National Bank, £5 7s 6d; Union Bank, £9 15s; Colonial Sugar, £42 2s 6d; Associated News, 225, pref. 22s 6d; Adelaide Steam, 29s 9d: Howard Smith, 19s 4id; Australian Gas. A. £7 12>s : British Tobacco, 41s 3d. Tooth's. 52s 6d: Carlton Brewery, 575; G. ,J. Coles, 80s 9d • Drug Houses 31s ]J[d; Australian Iron and Steel, pref.. 25s 7Jd; Australian Glass. 94s 6d; Ounlop Perdriau, pref., 34s 3d; Coldsbrough Mart, 32s 4id; .Winchcombe Carspn, 31s 3d; Wilcox Moilin, lis 3d; Henry Jones, 41s; Farmers, 31s; David Jones, 46s 6d; Lustre. 25s 9d.

General Industries, 19s 4Jd; Australian Gypsum, 19s 9d; Australian Guarantee Corporation, 265; \V. 11. Soul, 765; Hume Pipe. 20s lOJd; New South Wales Mont de piete, 32s 6d; W. K-. Carpenter, 43sj Goodyear, pref., 31s; Amalgamated Wireless, contributing, New Zealand delivery, 3fe 6d; Woolworths, ordinary, buyer at £5 12s 6d. seller at £5 14s 6d, but no sales. Mount Morgan, 15s 6d; Broken Hill Proprietary, 735; ditto, new, 50s 7£d; North Broken Hill, £8 6s;.Zinc Corporation, 81s 6d; Placer Development, £5 12s 6d; Morning sales included:. Commonwealth bonds,' 4.per cent,, 1938, £lO2 15.4; Commercial Banking Company of Sydney, £2O Ik; Commercial Bank of Australia, 19s 6d ; Broken Hill Proprietary, new, 50s; Dunlop-Perdriau Rubber. 18s 6d; G. J. Coles, 80s 6d; Howard Smith, 19s 4Jd. MELBOURNE, June 12.

Sales on the Stock Exchange to-day included: Commerical Bank of Australia, 19s sd; Electrolytic Zinc, 38s 6d; G. J. Coles, 80s 6d; Herald and Weekly Times, 69s 9d; Goldsbiough Mort, '32s 7*d ; South. Broken Hill, £5 13s 6d: Mount Lyell 24s 4id; Emperor, 13s 3d; Loloma, 18s 3d.

LONPQN MEAT MARKET

ALL SECTIONS FIRMER

(Jilee. Tel. Copyright—United Press assij.) LONDON, June 10. Prices for all types of New Zealand meat at Smithfield showed a filming tendency last week, the. biggest advance being in chilled beef, A'ew Zealand hinds improving by |d per lb. Second quality lamb advanced further, bunging second quality .North Island Southdowns to within of the highest quotation for first quality and l-»d above the best quality for othei North Island lambs. The. following quotations are based on representative wholesale quantities FROZEN MUTTON Canterbury and North Islaud selected crossbred wethers and maiden ewes.— 481 b and under, 5d (4 7*84) 5 49ib to 561 b, 4 3-8 d (Aid) ■ 571 b to 641 b, 4d (4 l-8d); 651 b to 721 b, 3 7-8 d (3 <-8d). North .■lsland--crossbred wethers and maiden ewes.—4Blb to 561 b, 4|d (4]d); 571 bto 641 b, 4 l-8d (4 1-88(1)" ; 651 bto 721 b, 3 7-Bdi (3 7-8 d). New Zealand ewes.—4Blb and under, 4 l-8d (4d); 491 bto 641 b, 3 5-8 d (3id) ; 651 b to 721 b, 3£c\ (3 3-8 d). Australian.—Wethers, first quality, 481 bto 551 b, 4|d (4 i-8d); second quality, 301 b to 551 b, 4|d (4|d). Kwes, 301 b to 551 b, (4 l-Bdj. Argentine.—Wethers, 481 b to 641 b, 4-4 d (4£d); 651 bto 721 b, 3 5-8 d(3 5-8 d). Patagoniau. —Wethers and maiden ewes, 501 b and under, 4 l-8d (4 l-8d); 511 b to 601 b, 3 7-8 d (3 7-8 d), j

FROZEN LAMB Canterbury.—s6lb and under, 7id (74<1) ; 371 bto 421 b, 6|d (6|d) j 431 bto cOlb, 6 3-8 d (6id); second quality, average about 311 b, 7d (6 7-8 d).

Other South Island.—36lb and under. VA I'M); 371 b to 421 b, (63d); 431 bto 501 tt , 6 3-8 d(6 3-8 d). North Island Southdowus. —361 b and under, 7Ad (7|dJ; 371 bto 421 b, 6£d (t Jdj; 131 b to 501 b, 6§d (6id); second quality, average about iOlb, 7Jd (7id). North Island.—36lb and under, 7£d (7d) : 371 bto 421 b, 6&d (6j>d); se:orid quality, average about 211 b, 6|d (6fd). Australian. —Victorian, first quality, 361 b and under, 64, d (6id); 371 bto 421 b, 6jd (6id) ; second quality, 361 b and under. 6?d (6gd). Other States, first qualitv, 361 b and under, 6|d (6jjd); 371 b to 421 b, bid (6£d); second quality, 361 b and under, 6gd (62d). 'All States, third quality, average about 361 b, 6|d (6^l). Argentine.—First quality, 361 b and under. 6|d (6|d); 371 b to 421 b, 6d (6d); second quality, about 381 b, 64d FROZEN OX BEEF New Zealund.—Hinds, 4d (4d); fores, 3d (3d). Australia.—Hinds, 4d (4d) ; crops, 3£d (3idj. CHILLED OX BEEF New Zealand.—Hinds, 5d (4fd); fores, 3d i2£d). Australian.—Hinds, sid (44d); crops, 3i<* (3d). Argentine.—Hinds, 64d (s|dJ; fores, 3Ad 134 d). Uruguayan.—Hinds, 5Ad (43d); fores, 3£d (oid). Brazilian.—Hinds, sid (44d); hues, not quoted. Union of South Africa.—Hinds, f>id (44,-d) ; fores, 2|d (23d). Southern Rhodesia.—Hinds. 4|d (44d); fores, 2£d 'ss), '■-, The beef quotations above are for quarters, of 1451 b. to'2lolb. , . . :• FROZEN PORK New Zealand.—Porkers, 601 b to 801 b, s£:l (5Ad);"81.1b to lOOlb, 5Jd (Sgd)i 1011 b io 1201 b, 5.U1 (Ski). Baconeis, 1211 b to 1601 b. Sjd"(s|d). Australian."—Porkers; 60lb to 001 b, 5,',d (Sjdj • 81lb to lOdlb,' Ski (Bid); 1011 b to 1201 b. Sid (&£dj.

DOWHKipjl B^EWfiMES

FROPIT DOUBLED AT £15,224

Marked profit recovery is shown in the accounts of Dominion Breweries, Limited, for the. year ended March 31. Gross earnings increased from £36,451 to £62,6,48 and net profits were £7277 higher at £15,224. The directors report that provision has been made for income tax, £5451 has been allowetl as depreciation and £2992 has been written off obsolete brewery plant. With £lßl7 brought forward. £17,401 is available. Ordinary dividend for the year is 6£ per cent., absorbing £5083, and a payment at the rate of 64, per cent, per annum mi preference capital i requires £736. There i 3 a transfer of £IO,OOO to general reserve and £1223 is carried forward. The retiring directors are Messrs. W. B. Brittain and L. J. Stevens, who are; available for re-election.