LATE COMMERCIAL

Southland Times, Issue 21649, 10 March 1932, Page 7

LATE COMMERCIAL

SYDNEY WOOL SALES. YESTERDAY'S MARKET. (United Press Assn.—By Telegraph—Copyright.) (Rec. 9.55 p.m.) Sydney, March 9. At the wool sales values were unchanged for good wools, but there was an irregular demand for faulty, burry sorts. Competition was fairly general excepting the Japanese demand, which was considerably modified. Greasy Merino* made to 181 d. The offering totalled 10,283 bales, of which 8318 were sold, also 923 which were disposed of privately. AUSTRALIAN STOCK EXCHANGES. SHARP RISE FOR BONDS. (Rec. 9.55 p.m.) Sydney, March 9. On the Stock Exchange to-day bonds experienced a sharp rise, chiefly short-dated. Bank shares were easier, industrials steady andßarrier stocks weaker. Closing sales: Commonwealth Bonds, 4 per cents. 1938, £94 16/3; 4 per cents. 1941, £92 15/-; 4 per cents. 1944 £9l 15/-; 4 per cents. 1947, £92; 4 per cents. 1950, £B9 15/-; 4 per cents.,, 1959, £9l 12/6; 4 per cents, 1955, £B9 17/6; Bank of New South Wales, £29 5/-; National Bank (£lO paid) £ll 10/-; Queensland Insurance, 45/-; Colonial Sugars £4l 15/-; Australian Gas (A) 101/6; Tooth’s Brewery 25/7J; Toohey’s Brewery 17/3; Goldsbroughs, 24/6; Winchombe Carson, 19/1 J; Electrolytic Zinc (pref.) 23/4i; Broken Hill South 46/-; North, 68/-; Broken Hill Proprietory 15/6; Zinc Corporation, 29/10J. Melbourne Sales: Commercial Bank of Australia 15/10; Carlton Brewery 29/3; Electrolytic Zinc (pref.) 23/6; Zinc Corporation 29/9.