COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19135, 2 October 1936, Page 13

COMMERCIAL

GOLD SHARES HIGHER AUSTRALIAN MAEKETS ACTIVE SYDNEY, Sept, 29. Cold shares advanced to-day on the Stock Exchange and there was heavy bU S?: Commercial Banking Company of Sydiiev, £l9 17s; Commercial Bank of Australia,'lßs 6dj National Bank of Australasia. £5 paid, £7 3s: Bank of New Zealand. 39s 6d ; United Insurance, £ll, Colonial Sugar, £43 ss: Ausl rahan Gas, \%lh Tobacco, 44s 3d; Tooths, 56s 6d; Australian Glass, Goldsbrough Mort, 33s lOAd; Greater J. D. Williams, 7a 9d: Millaquin Sugar, 435. . Electrolytic Zinc, 445; David Jones, 48s 3d; Kandos, 21s Cd; Meggitts, 27s 6d; Richardson and Wrench, oOs: Gordon and Gotch, 51s 6d; Morta Dock, lis 10 !\it. Lvell. 29s 9d; prietary, 775; South Broken Hill, £6 2s; lolo" Deposits,. 2s: Placer DevelopInt, 935: Ladv'Slienton. 2s 7M; Emperor, 15s 7-Xd;'Mandated Alluvials, 21s 6d ; Tavna, Is 4d. _ ' Mornine sales included: Common--v.; Itonds, 4 per cent (1950), £IW 7s 6 4 per.cent (1957), £lO2 3s 9d; 4 per cent (1961). £IOO 17s 6d • Commerm Banking Company of Sydney, £l9 lft,. Ban of New South Wales. £33 12s Mi Toleys Brewery, 32s 9d; Tooths Brewery, 56s 6dj Australian'Glass, 945. R. Fowler, 14s 6d. MELBOURNE, Sept. 29. On the Melbourne Stock Exchange today bonds were steady. Industrials were better. Barriers and gold mining were active on a good demand following the higher metal prices and the corresponding improvement in the London share ' "sales': National Bank of Australasia, £5 oaid, £7 3s; Howard Smith, 18s 9d; [British Tobacco, 445. Carlton Brewery, 62s- G. J- Coles, 83s 6d; Australian Glass. 93s 3d; Dunlop-Perdnau, 18s 8d; Goldsbrough Mort, 345. Ml. Morgan, 14s 3d; Mt.JLyell,Ms; Broken ITill Proprietary, 775; North Broken Hill, ex dividend and bonus, i,a Us- South Broken Hill. £6 2s; Emperor, 15s 7d; Lolbma, 23s 7Ad. Mvers. 36s Ud : Irowat, Is 8d; Upper Watut, 2s lid"; Gordon and Gotch, 51s 9d. NESTLE AND ANGLO SWISS INCREASE IN YEAR'S PROFIT A net profit of £107,884. against £105.849 for the previous year, was earned by Nestle and Anglo Swiss Condensed Milk Company (Australasia), Limited, for the year ended June &. A dividend of 8 per cent on preference shares absorbs £BO,OOO, and the ordinary dividend, which was raised p P V cent to 3 per cent, requires With £5357 brought forward, i.sl'U is carried forward. The profit was struck alter writing oft cc-O.nCO from goodwill, adding £52.40U to the depreciation reserve and transferring £40,000 to taxation reserve. THE SHAREMARKET (Pur Pruss Association.) AUCKLAND, this day. Sales on 'Change: Broken Hill, rights, Ss 10.1; Mucky Logan. 21s 3d; Auckland Gas 22s Sid ;'Wilson's Cement, 36s 3d; Government' slock, .1938-52 £104; 1943-46, £lO3 15s; Napier Wool, 17s 9(1, Consolidated Brick, 9s 6d; kaiapoi, 14s 6d; Mt. Morgan. 14s 6d ; Kauri limber, 24s 6d- Broken Hill, 76s> Bd. WELLINGTON, tins day. Sales on 'Change: Wqolworlhs (New Zealand), £5 3s: Taranaki Oil, Is 6d; 4 per cent stock, 1940, £lOl 17s 6d; Staples) Brewery, 34s 9d. CHRISTCHUR.CH, this day. Sales on 'Change: Dunlop Rubber, 17s r.,i- G .1. Coles. 76s 9d, 76s 6d ; Mossy , Creek. Is 4Ad; Mt. Morgan, 14s 10d; Ritwang Tin', 9s 3d ; Government, 4 per ,' r( >nt bonds. 1946. £lO4 ss ; Woolworlhs i (Svd.), ord.. £5 7s 6d. DUNEDIN, this. day. I Sales reported: Mount Morgan, 14s 8d- Government stock. 1946-49, £lO5 , 10s' ; 1952-55, £lO5 12s 6d.