COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19098, 20 August 1936, Page 10

COMMERCIAL

INDUSTRIALS FIRM AUSTRALIAN SHARE MARKETS SYDNEY, Aug. 18. The Sydney investment market to-day was without material change. The demand was very strong for British Tobacco shares at an advanced rate. Sales: Bank of Now South Wales, £33 7s 6d: Commercial Bank of Australia, 18s 6d; South British Insurance, 80s; Colonial Sugar, £43 ss; Associated Nows, 22s 10'id; British Tobacco, 41s 9d; ditto, pref., 28s 9d ; G. J. Coles, 85s 3d; Tooths, 53s 9d; Tooheys, 335; lvandos, 21s 6d ; Goldsbrough Mori., 325; Claude Neon, 525; Morts Dock, 10s 3d; DunlopRerdriau, 18s 3d; Miliaquin Sugar, 41s 9d ; Woohvorths, buyer at £5 15s, seller at £5 16s, sale at £5 15s. ' Broken Ilill Proprietary, 75s 6d ; Mt. I .yell, 29s lON I ; Bawang, 9s; Larut, 11s sd; Emperor, 16s 9d. Morning sales included : Commonwealth bonds, 3s per cent. 1948. £95 10s ; 4 per cent, 1959, £lOl 7s 6d; Australian Gas, A, £7 10s 6d; Tooth’s Brewery, 53s 9d; Associated News, pref., 23s lOpl; British Tobacco, pref., 28s 6d; Dalgelys, £8 19s; Dtinlop-Perdriau Rubber, 18s 3d; ditto, pref., 24s 4j.d ; Goldsbrough Mort, 325; Howard Smith, 18s 9d; I{. Powder, 14s lOd. MELBOURNE, Aug. 18. T’ho bonds market is easy. Industrials are linn, with banks in demand. Barriers are strong, Fijians active, and others quiet. •Sales : Commercial Bank of Australia, 18s 6d; National Bank, £lO paid, £l4 2s; British Tobacco, 41s 6d; Carlton Brewery, 58s 6d ; G. J. Coles, 85s; Drug Houses. 30s 3d; Dunlop-l’ordriau, 18s 4d. Electrolytic Zinc, 425; ditto, pref., 44s : Victoria. Nyanza, 10s; Mount. |l.yell, 29s lOjd ; Broken Hill’Proprietary, 75s 9d ; North Brokens, £9 7s; South Bi'okens, £5 18s; Zinc Corporation, 83s; Emperor, 16s 8d; Loloma, 255; Silverton Trams. 37s 9d : Gordon and Goteh, 50s 6d ; Melbourne Electric, 20s 2d; Myers, 35s 7.jd ; ITumo Pipe, 20s lid. GILLESPIE’S DIVIDEND PAYMENT OF 81 PER CENT A dividend ol Id a share, equal to 8 1-3 per cent, has been declared by tile, directors of Gillespie’s Beach Gold Dredging Company, Limited (South Westland), payable on September 16. This is the fourth payment by the company, distributions of 5 per cent having been made in February last, and September, 1935, while 8 1-3 per cent was paid in August, 1934.

While it will continue under the name of Maealislors Ltd., the long-established engineering and farm machinery manufacturing business of Mr. James MacalisLer at Invercargill lias been acquired bv Messrs. Tint herford. of Masterton, and Mace, of Napier.