STOCKS AND SHARES

Taranaki Daily News, 4 September 1935, Page 3

STOCKS AND SHARES

SYDNEY STOCK EXCHANGE. QUIET AND IRREGULAR. By Telegraph—Press Assn.—Copyright. Rec. 9.10 p.m. Sydney, Sept. 3. As the rise in wool prices had been fully anticipated the general investment market was quiet and inclined to be irregular to-day. There was less activity in Fiji gold concerns and rgverses were suffered by Mineral Developments, Mount Kasi and Totola but Tavua hung round the overnight level Commonwealth bonds were weaker. Sales were: Bank of New South Wales, £33 2s 6d; Commercial Bank of Sydney (New Zealand delivery), £lB 6s; E., S. and A. Bank, £5 12s 6d; Adelaide Steam, 32s 9d; Howard Smith, 18s 9d; Huddart Parker, 41s; Australian Gas A, £7 16s 6d; ditto, B, £7 17s 6d; Tooth’s, 565; Toohey’s, 28s 6d; British Tobacco, 40s 6d; Australian Iron and Steel (pref.), 25s 71d; Dunlop Perdriau, 14s 8d; Goldsbrough Mort, 345; Wilcox Mofflin, Ils 2d; Morris Hedstrom, 24s 3d; Greater J. D. Williams, 8s; Electrolytic Zinc, 30s; ditto (pref.), 36s 9d; Anthony Hordern, 19s 6d; Qeneral Industries, 19s; Amalgamated Textiles, 11s; Broken Hill Proprietary, 68s; South Brokens, 995; Bulolo Gold, £8 ss; Placer Development, £5 10s; Mount Kasi, 225. Melbourne sales were:— Commercial Bank of Australia, 17s; Union Bank, £9 6s; Goldsbrough Mort, 34s 6d; G. J. Coles, 67s 6d; Australian Glass, 85s; Metropolitan Gas, £l3 19s; New Morobe, £l6 10s; Kamu, £9; Australian Gold Development, £4B; Loloma, 100 s; Enterprise, 100 s; Totola, Us 9d; Tavua, 14s. Christchurch transactions are reported by the ■ Press Association as follows:— Sales on exchange: New Zealand Government 4 per cent. Inscribed, 1937-40, £lO2 5s (10 lots); Commercial Bank of Sydney, £18; Bank of New South Wales, £32 10s; Bank of New Zealand “D” Mort. Shares, 33s 9d; Dalgety and Co., £8 12s 6d; New Zealand Refrigerating (10s paid), 9s 9d, 9s lid; New Zealand Breweries, 51s 3d, 51s 4d; Anthony Hordern, 19s 4d (two lots); Colonial Sugar, £42 15s; Dunlop Rubber, 14s 7d (three lots), 14s 6d; Kauri Timber, 22s 6d; Golden Sands, 2s 7d (two lots); Mahakipawa, 2d (two lots); Mount Lyell, 19s 9d; Mount Morgan, 39s (three lots); Maori Gully, Is 2d. Unlisted stocks: Argo Gold, Is 8d (three lots); Argo Gold (5d paid), Is; Woolworths, Sydney (ord.), £5 16s 9d. Reported sales: Maori Gully, Is 2d; New Zealand Fanners’ Co-op. 41 per cent. Stock, 1945, £B7; New Zealand Farmers’ Co-op. (B pref.), 37s 6d; Electrolytic Zinc (pref., cum div.), 36s' 6d; Dominion Builders’ Supplies, 5s 6d; Australian Glass, 84s; New Zealand Loan and Mercantile (ord. stock), £36; New Zealand Guarantee Corporation, 5s 7d; Goldsbrough Mort, 33s 9d; Dalgety and Co., £8 12s 6d;. Commercial Bank of Australia, 16s lOd; New Zealand Government 4 per cent. Bonds, 193740, £lO2 ss; New Zealand Government 4 per cent. Inscribed, 1937-40, £lO2 2s 6d. Unlisted stocks: Argo Gold, Is 8d; J. J. Niven (17s paid), 7s (late sale Monday). WOOL MARKET FIRM. GOOD COMPETITION AT SYDNEY. Rec. 9.45 p.m. Sydney, Sept. 3. At the wool sales to-day 12,216 bales were offered and 11,379 sold. Privately 5011 were sold. Strong competition came from Japanese, Continental and Yorkshire sections of the trade with good support from local users. Values were fully firm at the opening day’s rates. Greasy Merino fleece sold to 21Jd.