LATE COMMERCIAL

Southland Times, Issue 21716, 31 May 1932, Page 5

LATE COMMERCIAL

SYDNEY STOCK EXCHANGE. AN IMPROVED TONE. (United Press Assn.—Telegraph Copyright.) (Rec. 8.50 p.m.) Sydney, May 30. On the Stock Exchange to-day there was a better sentiment for Australian Government securities and buyers were more inclined to bid up. Bank, steam and brewery shares were firm. Sales

BULK-PETROL STORES. CONTRACTS FOR N.Z. FIRMS. Contracts for the erection of bulk petrol storage installations- in the four main centres of New Zealand for the Associated Motorists’ Petrol Co., Ltd., have been let to New Zealand firms. Heffernan and Co., Ltd., have been given the contract for Auckland; .the Fletcher Construction Co., Ltd., for Wellington; Anderson’s, Ltd., for Christchurch; and the Dunedin Engineering Co., Ltd., for Dunedin. A representative of the company informed The Dominion that the New Zealand firms were able to quote better prices and do a quicker job than foreign companies. The total capacity of the installations will exceed 3,000,000 gallons, and the successful firms are now commencing work in their respective towns. The Associated Motorists’ Petrol Co., Ltd., is an organization formed by Nevi Zealand motorists to import and disibute their petrol requirements ■ hroughout New Zealand. Supplies will commence immediately the bulk installations are completed.

recorded:— £ s. d. Colonial Sugar 43 15 0 Bank of New South Wales 27 15 0 Commercial Bank of Sydney 16 10 0 Burns Philp 2 0 10J Goldsbrough Mort. 1 3 9 Winchcombe Carson 18 6 British Tobacco 1 11 U Toohey’s Brewery 18 0 Tooth’s Brewery 1 7 101 Australian Glass 1 19 3 Dunlop Perdriau 12 0 North Broken Hill 2 18 0 South Broken Hill 1 18 9 Broken Hill Proprietary 15 9 Commonwealth bonds (4 per cents) — £ s. d. 1938 94 13 9 1941 91 2 6 1944 89 15 0 1947 88 17 6 1950 88 10 0 1953 88 12 6 1955 89 2 6 1957 87 11 3 1959 87 17 6 1961 87 0 0 Melbourne Sales. National Bank (£10 paid) 11 5 0 Metropolitan Gas 10 2 0 Dunlop Perdriau 12 0 Gordon and Gotch 1 5 9 Nestle’s (pref.) 1 9 6 North Broken Hill 2 18 9 South Broken Hill 1 18 71 Zinc Corporation 1 4 0