SYDNEY STOCK EXCHANGE

Southland Times, Issue 23180, 22 April 1937, Page 3

SYDNEY STOCK EXCHANGE

RENEWED EASING IN METAL SHARES (Received April 21, 8.25 p.m.) SYDNEY, April 21. A renewed easing in the metal share values was the main feature of the Stock Exchange today. Industrial issues were steady to firm and Government loans were hardening. Sales were: £ s d

Melbourne Sales Sales were: £ s d

THE WOOL MARKET THIRD SERIES OF LONDON SALES (Received April 21, 6.30 p.m.) LONDON, April 20. The third series of London wool sales for 1937 will begin on April 27 and ends on May 6. The catalogue totals 63,300 bales, including 31,150 from New Zealand and 18,050 from Australia. Dalgety and Co., Ltd., report having received the following cabled advice from their head office under date of April 20, 1937:— At the April wool sales we expect a strong demand with the following advances:—Merino, 5 per cent, to 7 J per cent, higher; crossbred, 10 per cent, higher. SYDNEY PRICES FIRM (Received April 21, 9.25 p.m.) SYDNEY, April 21. At the wool sales 12,326 bales were offered and 10,490 were sold, also 660 privately. Competition was good with prices extremely firm, and good clearances were made. Greasy Merino made up to DAIRY ~PRODUCE BUTTER PRICES FIRM (Received April 21, 6.30 p.m.) LONDON, April 20. The butter market is firm. Quotations: Danish, 112/- to 113/-; choicest salted New Zealand, 106/- to 107/-: Australian, 105/- to 106/-; unsalted Australian and New Zealand, 107/- to 108/-. COLOMBO TEA SALE (United Press Association) DUNEDIN, April 21. Mr L. M. Wright has received the following cabled report on the Colombo tea auction of April 20. “At yes’terday’s auction of 2,250,0001 b all grades remained firm at last week’s rates. The quantity to be auctioned next sale is 2,000,0001 b.” NORTHERN - ROLLER MILLING CO. AUCKLAND, April 21. The Northern Roller Milling Company is paying a dividend of 4 per cent, as against 5J per cent, last year. THE PRICE OF GOLD LONDON, April 20. The price of gold is £7 1/1 an ounce.

Bank of New South Wales 38 2 6 Commercial Banking of Sydney 22 18 0 Queensland National Bank 5 15 0 Colonial Sugar 45 5 0 Mercantile and Mutual Insurance (N.Z. delivery) 1 11 6 Adelaide Steam 1 12 6 British Tobacco 2 11 0 Tooth’s Brewery 2 17 6 Toohey’s Brewery 1 13 3 G. J. Coles 5 7 6 Australian Glass (N.Z. delivery) 4 12 3 Dunlop Perdriau Rubber 1 1 3 Goldsbrough Mort 1 17 4’,i Winchcombe Carson 1 16 9 Wilcox Mofflin 14 4 Morris Hedstrom 1 9 9 Electrolytic Zinc 2 17 9 do. (pref.) 2 19 0 Anthony Hordern 1 0 1’i Australian Gypsum 1 1 9 R. Fowler 13 3 Pitt, Son and Badgery 2 11 0 Clifford Love 2 15 4 Amalgamated Wireless 2 18 0 Finney Isles 1 11 0 Union Theatres (pref;) 14 9 Woolworths (ord., sale) 7 6 0 Woolworths (N.Z.)— Buyer 7 10 0 Seller 7 18 0 Mount Morgan 14 11 Mount Lyell 2 5 10/2 Zinc Corporation 6 18 0 Larut 1 0 3

Commercial Bank of Australia 19 9 National Bank (£5 paid) 7 18 0 National Bank (£10 paid) 15 18 0 British Tobacco 2 10 9 Carlton Brewery 3 2 3 . G. J. Coles 5 7 0 Drug Houses 1 8 0 Australian Iron and Steel (pref.) 1 7 0 Dunlop Perdriau Rubber 1 1 4 do. (pref.) 1 15 0 Goldsbrough Mort 1 7 3 Electrolytic Zinc 2 18 3 do. (pref.) 2 19 3 Victoria Nyanza 18 9 Mount Morgan 15 3 Mount Lyell 2 6 0 Broken Hill Propty. 4 3 0 North Broken Hill 3 11 3 South Broken Hill 2 7 41,'z Emperor 16 10 Loloma 1 1 9