COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19133, 30 September 1936, Page 12

COMMERCIAL

GOLD ISSUES FIRMER AUSTRALIAN- SHARE MARKET SYDNEY, Sept. 2S. Gold shares were firmer ou the Sydney Stock Exchange to-day. The opinion was freely expressed that the international monetary agreement should tend to stabilise the price oi the metal at a higher level than that ruling- lately. The investment market was generally steady. _ Sales: Bank of New South Wales, £33 10s; Commercial Bank Co. of Sydney, £1!) 15s; Bank of New Zealand, 39s (id; Colonial Sugar, £43 7s fid. British Tobacco, 44s 3d; Tooths, 56s (id; Tooheys, 335; G. J. Coles, 83s; Australian Class, . 945; Winchcorabe Carson, 3 is 3d. I Millaquiu Sugar, 435; Pairymoad Sugar, .'His 3d; Farmers, 33s 3d; Mark Coy, 3l's; \V. }!. Carpenter, 41s (id; Gordon and Gotch, 57s (id; Woolworths, Ltd., buyer £5 os, seller £5 Ids; Woolworths (New Zealand), buyer, £o Is. Broken Hill Proprietary, 7'fis 9d; new issue .">7.s (id; Bnlolo Deposits, Is 9d; Placer Development, 90s 3d; Lolomti, 23s 3-Ad; Koroere, 4s; Lady Shont.on, L's 3d; Mandated Alluvials, 27s (id; Tavna, Is 3d.

Morning sales included: Bonds, 4 per cent., 1955, £1(11 15s; 1957. £102; 1901, £1(10 .15s; Bank .of New Zealand, 39s (id; Australian Gas, A, £7 8s; Tooths Brewery, 56s fid; Associated News, 23s 6d; prof." 23s 6d; British Tobacco, 44s 3d; Broken Hill Proprietary, 775; Electrolytic Zinc, 43s lid; Peters Ice, 435. MELBOURNE, Sept. 28.

Ou the Melbourne Stock Exchange to-day the markets -were, generally quiet with little movement in prices.

Sales: Commercial Bank of Australia, IS* 7(1; National Bank of Australasia, £lO paid, £l4 10s; Howard Smith, 19s; Carlton Brewery, 01s 9d; Drug Mouses, 31s 4A(1; C. J. Coles, 83a (id; Australian Class, 93s (id; Australian iron and. Steel, pref., 26s tid; Duulop Perdriau, ISs 7d; Electrolytic Zinc, 43s lOJrtj ditto, pref., 4(is; Victoria Nvauza, 13s,

"Mounf' Morgan, 13s 9d; Mount Lyell, :29s lOAd; Broken Hill Proprietary. 775: Emperor, 158 4d; Loloma, 235; lrowat, Is 9d; Myers, 36s Ikl; Upper Watut, 3s Id; Hume Pipe, 19s Id.

INCREASED PROFIT i NEON SIGNS (AUSTRALASIA) Noon digits (Australasia), Limited, reports a net profit of £5734 for the year ended dune 30, compared with £3689 the previous year, and £2342 for 1935-34. Tho dividend is unchanged at 10 per cent, requiring £5371, and £6CO is transferred to reserve, leaving £471 to be carried forward, against £7OB brought forward. Tho directors state that the company met with keen competition during the year, but sales showed a considerable increase, principally because of the new on tents and processes acquired. Owing to the company's increased activities. tho directors made a further issue of 40,000 shares, which were taken up by shareholders'. Recently a call of ]os was made, and the. directors state that if business continues to expand a further increase of capital may be necessary. Capital af Dune 30 was £60.558. 'and reserve MOO. Sundry creditors were owed £11.185, arrainst'£l6.6sl a year before. Bank liability and deposits represented £15.367. Assets were valued at £100,82(3, the. largest item being signs erected, slock, and work in progress, £62,173. Shares in other companies were, valued at £3OOO, and sundry debtors, deposits, pro-payments anil cash together represented £16,209.