COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19104, 27 August 1936, Page 9

COMMERCIAL

INDUSTRIALS FIRM AUSTRALIAN SHARE MARKETS SYDNEY, Aug. 25. An easing trend in the investment market to-day embraced many company issues, bul the price falls generally were small. Sales: Bank of New South Wales. £33 ss; Commercial Banking Co., of Sydney, €2O Is: Commercial Bank of Australia, 18s Insurance, £lO 14s; Associated Newspapers, pref., 23s 3d; British Tobacco, 41s 3d. Tooths, 54s 3d; G. J. Coles., 81s 9d; Morris Hedstrom, 265; Henry Jones, 43s Od; Milluquin Sugar, 425; Electrolytic Zinc, pref.. 43s 9d; Anthony Hordcm, 18s 10.'.d; Australian Gypsum, 20s, lCd; Sargents, 29a 9d; Australian Guarantee Corporation, 25s 3d; Molts Dock, 10s 4d ; Mauri Brothers, 60s 6d ; Wnnderlich, 22s 6d. Wbolworths, ordinary, buyer at £5 lis. seller at £5 12s; Woolworths, New: Zealand, buyer at £5, seller at £5 9s. Mount Morgan, 135.; Broken. Hill Proprietary, 745. 9d. new, 55s 3d; Emperor, 16s 9d ; Loloma,' 265. ' Morning sales included: Commonwealth bonds, 4 per cent.. 1941, £105: Is 3d; 1244, £lO2 15s; 1961, £102; Commercial Bank of Australia, 18s lOJ.d ; Bank of New South Wales, £33 ss; Tooths Brewery. 545.; Anthony Hordern, 19s; Australian Class, 92s 3d; Electrolytic Zinc. 41s 6d ; General Industries, 19s 4Ad: G. ,T. Coles, 81s 9d ; James Stedman, 19s 6d; Sargents, 29s 6d. MELBOURNE, Aug. 25. There was a firm tone in bonds and industrials to-day, with Barriers quiet but firmer, and an easier tone, in gold scrip. Sales: Commercial Bank of Australia. IBs lid; National Bank, £5 paid, £7 ss; Union Bank. £9 12s: British Tobacco. 41s. 3d; 0. .1. Coles, Bls 3d: Australian Class. 92''} 3d; Diuilop Perdriau. 18s lCd; Goldsbrongh Mort, 32s 3d. Mount Morgan. 12s lid: Mount Lyell, 29s 7'd; Broken Hill Proprietary," 74s 6d: North Brokens, £9 Ss fid: 'South l>okens, £5 17s; Emperor, 16s lid; Loloma, 26s 7^d. Hume Pipe, 20s. 6d : Genera] Motors, 25s 7-id ; Silverlon Trains, 38s fid ; Myers, 35s 3d: United Provisions, 13s fid; Henry .Jones, 43s 6d. IMPROVED RESULTS RENOWN" COLLIERIES, LTD. A further substantial improvement, is revealed in the accounts of Renown Collieries, Limited, for the vear ended duly 31. The net, profit is '£11,394.. which compares with £BOI4 earned in the previous year, and £662, without depreciation allowance, in 1934, The year's ordinary dividend lias been increased from 3d a share to lOd a share. or about 7 per cent, which is the second payment since' the company began operations nine years ago. Since the company reduced it's capital from £150.000 to CIC2.OCO two years ago Iho assets have been placed in a healthier position, and a strong liquid stale lias been reached. COLD MINING- RETURNS The At-go Cold Dredging Company J Limited, return for the week ended August 22 is :—Yield, 650 z.; hours dredged. 131 ; yardage treated. 13,500 yards.