COMMERCIAL

Poverty Bay Herald, Volume LXV, Issue 19700, 4 August 1938, Page 2

COMMERCIAL

SHARE MARKET QUIET AUSTR ALT AN ’GHANG ES (Klee. Tel. Copyright—United Preaa Assn.) SYDNEY. August 2. Dull conditions prevailed on the Sydney Stock Exchange to-day. Neither buyers nor sellers were prepared to take the initiative. Price movements consequently were negligible. Sales included: —Bank of New South Wales, £3l 10s; Queensland National Bank, £5 2s: Bank of New Zealand. £2 35.6 d: Adelaide Steam. £1 14s 3d: •Colonial Sugar, £4B 15s: British Tobacco, £2 9s 6d; Tooth and C»„ £2 15s 3d: Carlton Brewery, £3 6s 3d: G. J. Coles, ex. div., £4 Is 6d: Australian Glass, £4 17s: Dunlop-Perdriau, £1 2s 7£d; Anthony Hordern, 17s Gd; James Stedman, 15s; Kandos Cement, £1 7s; Cash Orders, 16s 3d; Cash Orders, pref., £1 3s Gd; Mark Foy, £1 Os 9d; Australian Gypsum, £1 2s; William Adams, rights,! lOJd; Australian Drug. 15s; Malleys, fll Is; Hackshalls, Ltd., 14s; WoolworthS Limited, £1 2s; Mangrovite Belting, 12s 3d; Victoria Nyanza, 16s 9d; Wilcox, 'Mofflin, 7s; Mount Lyell, £1 8s Gd; Broken Hill Proprietary, £3; 'Kuala Kampar Tin, ,18s Gd; Emperor Mines, 13s 2d. Morning sales included: —Commonwealth Bonds, 4 per cent., 1941, £lO2 ss; 4 per cent., 1955, £lO3 10s; 4 per cent., 1959, £lO4 6s 3d; Bank of New South Wales, £3l 10s; Tooth’s Brewery, 55s Gd; British Tobacco, 49s Gd: Broken Hill ‘Proprietary, 60s 3d; Howard Smith, 20s iojd. On the Stock Exchange of Melbourne to-day the market was still quiet, with metal stocks affected by the holiday in London. Gold shares were irregular, but bank stocks were in better demand. Industrials were ’fairly steady. Sales included: —Commercial Bank of Australia, 17s Id; E.S. and A. Bank, £5 3s; British Tobacco, £2 9s 6d; Carlton Brewery, £3 6s Gd; G. J. Coles, £4 Is 6d; Drug Houses, £1 6s 4d; Dunlop Perdriau, £1 2s 9d; Goldsbrough Mort., £1 7s 9d; Australian Paper Manufacturers, pref., £1 6s; Australian Paper Manufacturers, new, paid, £1 5s 9a: Cox Bros., 17s 9d; Melbourne Investment Trust, 9s 7d; Hume Pipe, 19s 2d; ■Australian Foundation Investment Trust, 5s Id; Imperial Chemicals, pref£l Is 6d; Broken Hill Proprietary, £3 Os 3d; North Broken Hill, £2 Bs. FRANKTQN QUOTATIONS VALUES GENERALLY FIRM Another heavy yarding of fat sheep came forward at the Frankton stock sale's on Tuesday. Values generally were firm at last week’s rates, although prices for fat wethers receded slightly toward the finish of the sale. An extra good yarding of ox beef was penned, while an average entry of cow and heifer beef came forward. Competition was steady in both sections, and values on a par with las', week. A small entry of store and boner cows showed no change in value. A truck of medium prime steers sold to £l3 10s. while light prime steers' made up to £l2 2s Gd. Prime heavy qpws sold up to £ll 7s 6d.