COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19130, 26 September 1936, Page 8

COMMERCIAL

SYDNEY EXCHANGE INDUSTRIAL SHARES QUIETER SYDNEY, Sept. 2-1. On the Sydney Stuck Exchange to-day the market for industrials was quieter and steadier. Bonds were tinner. Sales: Commercial Ranking Company of .Sydney, £l9 15s; Bank of Xew Zealand'. 39s 6d; Colonial Sugar, £45 7s 6d; Automatic Totes. 20s 3d. 'tooths, 56s 9d; Queensland Brewery, 24s 9d : Golrlsbrough Alort, 7,45: Mark Foy 31s 9d; Stcdman, 17s; Malleys, 20s- Movt-u Dock, lis lOd.

Union Steam Ship Company, pref. (Sydney register), 265; 11. Fowler, 14s 6d'- VV'oolworths, Ltd., ordinary, buyer K 5 ss. seller £5 7s 6d.

Mount Morgan, 13s Id; Broken Hill Proprietary, 76s 6d ; new issue, 57s 9d : Placer Development, 98s; .Mandated Alluvials, 30s 9d; Loloma, 22s lOd; Emperor, 14s lid. Morning sales included: Commonwealth bonds. 4 per cent. 1938. £lO2 6s 3d- 1941, £lO2 10s; 1950. £lOl 10s; 1953. £lOl 12s 6d ; 1955, £lOl 13s 9d; 1961, £ICO 15s 9d ; Commercial Bank of Sydney, £l9 15s; Tooths, 565. 9d; Anthony Hordern, 18s 10-Jd; Associated News, 23s ditto, pref., 255; Broken Hill Proprietary, 76s 6d; DunlopPerdriau, 18s 7Jd; Goldsbrough, 24s 1M; Meggitt-s, 27s 6d. MELBOURNE, Sept, 24.

The Melbourne Stock Exchange was closed today for the Royal Show holiday.

CENTENNIAL EXHIBITION

COMPANY REGISTERED

(Per Press Association.)

WELLINGTON, last night

The New Zealand Centennial Exhibition Company was registered on Tuesday and the iirst meeting of the provisional directors was held to-day, the Mayor of Wellington, Mr. T. C. AHislop, presiding. Arrangements were made to set up committees to canvass for subscribers. Mr. Hislop said a considerable amountalready had been promised and it was anticipated the amount required to go to allotment, £75,000, would be subscribed in a few weeks. The total capital of the company is £150,000. AMALGAMATED WIRELESS DIVIDEND AND BONUS Amalgamated Wireless (Australasia), Limited, has advised the Stock Exchange Association that a final dividend of 6 per cent, plus a bonus of 1 per cent, had been declared for the year ended Juno 30. The dividend is payable on October 12. An interim dividend of 4 per cent was paid on April 9. Thus the. total distribution for the year is 11 per cent, compared with 10 per cent, for the previous year. WALKATO STOCK VALUES FLUCTUATIONS IN PRICES Values in the Waikato live, stock markets have been fluctuating this month, which, however, is the time of the year when this usually occurs. A northern correspondent reviews 'the store, cattle market as follows: September, being usually a month when grass is expected but seldom grows, again witnesses its customary fluctuations. It could not bo said thai well-bred cattle are lower in values, but there seems a general realisation that the prophecy of shortage is once more to be disproved and buyers in consequence have again settled "on an even keel. At the same time, there is ample evidence that the spring demand, when conditions warrant it, will be fully equal to that of previous years; indeed, with the extensive change over to sheep it is conceivable that requirements will exceed those of any year preceding. The popularity of forward conditioned. bullocks was evidenced at Otorohanga, | where a fair draft was displayed. The best of these realised from £lO 10s to £ll, with lighter conditioned lots from £9 12s 6d. For empty dairy classes .competition has not been so keen", but jit was unreasonable to expect the soaring rates of a week or two ago to be maintained. There is, however, a steady demand and good two-year heifers at Hamilton on Tuesday reached £4 18s. A line of yearlings at a. clearing sale made £6, but in the yards few exceed £5, with inferior and younger animals lower in proportion. AUSTRALIAN- PRODUCE SYDNEY, Sept, 24. Wheat at country sidings is quoted at 4s 3£d a bushel, equal to about 4s lOd ex trucks, .Sydney. Flour, £l2 5s a ton. Bran and pollard, £6 5s a ton. Potatoes, Tasmanian, £lO a ton ; others to £8 10s. Onions, Victorian, £lB a ton. Maize, 4s 6d a bushel. ADELAIDE:, Sept. 24. Wheat, growers' lots, 4s a bushel. Flour, bakers' lots, £l2 10s a ton. Bran and pollard, £6 5s a. ton. Oats, Algerian, 2s 4d a bushel. Barley, 2s 5d a bushel.