Late Commercial STEADIER TONE

Dominion, Volume 32, Issue 151, 22 March 1939, Page 6

Late Commercial STEADIER TONE

Australian Stock Exchanges

(Received March 22, 1.10 a.m.)

SYDNEY, March 21

The downward trend in prices was arrested on the Stock Exchange today, when a steadier tone developed. Leading industrial and Barrier shares recovered a portion of their recent lories. Sales included :— Commercial Bank of Sydney, £l9/19/-; Commercial Bank of Australia, 15/3; United Insurance, £9/19/-; Associated News, 18/10}; ditto, pref., 21/-; Howard Smith, 19/3; Huddart Parker, 51/-; Burns. Philp. 51/6; ditto, South Sea, 25/-; Australian Gas, A, £7; British Tobacco, 47/-; Tooths, 52/-; G. J. Coles, 74/-; Woolworths, 21/6; Drug Houses o£ Australia, 22/6; Dunlop Perdriau, 19/10} ; Mark Foy. IS/-; Farmers, 28/3 ; David Jones, 33/-; Anthony Hordern, 14/-; Motts Dock, 14/-; Australian Consolidated Industries, 29/-; W. Atkins, 22/-; W. Adams, 14/7; Felt and Textiles, 31/-; Sargents, 28/6; W. R. Carpenter, 42/-; Standard Cement, 20/9; Wilcox Moffiin, 5/7; Henry Jones, 47/9 ; Colonial Sugar, £-16/2/6; Fairymead Sugar, 30A; Electrolytic Zinc, 43/10} ; Mt. Morgan, 10/3; Mt. Lyell. 25/7}; Zine Corporation, 89/6; Broken Hill Proprietary, 54/9; ditto, contr.. 43/9; North Broken Hill, 43/6; Broken Hill South, 25/10}; Placer Development, 70/9; Arahura Gold. 25/6;' Emperor, 8/-; Kanieri, 32/I}. Morning sales included: Commonwealth bonds, 3} per cent., 1948. £97 17/6; 3} per cent., 1949. £lOO/1/3; 31 per cent. 1951, £99/18/9 ; 3} per cent., 1954, £9B/17/6; 3 7-8 per cent., 11)54, £lOO/16/3; 4 per cent., 1941, £lOl/17/6; 1935. £lO2/1/3; 1955, £lO2/8/9; 1957, £103; 1959. £lO3/10/-; 1961. £lOl/10/-; Commercial Bank of Australia, 15/1}; Tooths Brewery, 52/-; Australian Gas, A, £7; Associated Newspapers, 19/-; ditto, pref., 21/6; Anthony Hordern, 14/2 ; British Tobacco, 47/-; Broken Hill Proprietary, 54/3; ditto, contr., 43/. (Received March 22, 1.10 a.m.) MELBOURNE. March 21.

Sales- today included : Lloma, 19/3 ; Emperor, 8/3; Mt. Lyell, 25/6; G. J. Coles. 74/-; Dunlop Perdriau. 20/2; Electrolytic Zinc, 43/-; ditto, pref., 47/3; Broken Hill Proprietary. 54/6; ditto, contr., 43/-; Carlton Brewery. 6-1/6; Mt. Morgan. 10/3; Kauri Timber, 22/6; Herald and Times, 59/6; Commercial Bank of Australia, 15/2. SYDNEY WOOL SALES (Received March 22, 1.10 a.m.) SYDNEY, March 21. At the wool sales today the market was firm and there was strong competition from Yorkshire and the Continent. Greasy merino fleece realized 21 d. The offering consisted of 11,172 bales, of which 9550 were sold at auction and 1237 privately-