A STEADY MARKET

Evening Post, Volume CXXIII, Issue 136, 10 June 1937, Page 12

A STEADY MARKET

AUSTRALIAN INVESTMENT

(By Telegraph—Press Assn.—Copj-right.)

SYDNEY, June 9.

Although business again was restricted on the Stock Exchange, the market continued steady, except for metal shares, which were inclined to drift.

Sales.—Bank of Now South Wales.. £36 ss: Commercial Banking Company of Sydney, £22; Colonial Sugar, £47 12s 6d; United Insurance, £10 14s; Burns- Philp, 71s 9d; British Tobacco, 50s 3d; Tooth's Brewery, 56s 3d; Tooheys. 33s 6d; G. J. Coles, £5 10s 6d; Dunlop-Ferdriau. 235; Morris Hedstrom, 29s 3d: Henry Jones Co-op., 47s 3d; Cash Orders, 20s 4Jd; Gibson and Howes, 31s 3d; Anthony Hordern, 19s 9d; Standard Cement, 16s 9d; Woolworths. Ltd., buyer.£6 15s, seller £0 18s; Woolworths (N.Z:), buyer £8 Is. seller £8 2s, sales £8 2s; Selfridges (A'asia). buyer 31s, seller 325. Mount Morgan, 13s 6d; Mount Lyell, 43s 6d. MELBOURNE, June 9. On the Melbourne Stock Exchange today bonds showed a further advance. Investments were quiet. There was no definite trend in Barriers and gold shares. Sales.—Commercial Bank of Australia. 18s lid; National Bank (£5 paid), £7 7s; G. J. Coles, £5 10s; Drug Houses. 26s 7id; 'Australian Glass, Q2s; Uunlop-Perdriau, 235. Electrolytic Zinc, 565; • ditto (prei), 58s: Mount Morgan. 13s fid; Broken Hill Proprietary, 80s 3d; Broken Hill South, 50s; Emperor, 16s 4d; Loloma, 19s 6d; General Motors, -24s 3d.

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Loans— 3',4 p.c fnscr. Stock, 15/3/1039-43 101 5 0 — 3'/2 p.c. Inscr. Stock, 13/9/1039-43 101 5 0 — i3Vi p.c. Inscr, Stock, 15/3/1941-43 101 5 0 — 3% p.c Inscr. Stock, 15/9/1941-43 _. 101 5 0 — Is 1/ 1" p.c Inscr. Stock, 15/11/103S-52 ' 101 10 0 — 3'/£ p.c. Inscr. Stock, 15/3/1030-52 101 10 0 — 3Vi p.c. Inscr. Stock, 13/11/1911-52 101 10 0 — o 1/*; p.c. Inscr. Stock, 13/5/1941-52 101 10 0 — 4 p.c Inscr. Stock, 15/4/1940-49 103 15 0 — ■1 p'.c. Inscr. Stock, 15/0/1952-35 W4 10, 0 — 4 ti c. Bonds, 15/4/ 194G-49 103 15 0 — 4 p.c. Bonds, 15/0/ 1052-55 .. 104 10 0 — 5 p.c. Rural Bonds, 15/9/1947 102 0 0 — Mortgage Corporation, 3 3-S p.c, 1/9/55-60 . 9S 10 0 — Local Bodies Debentures— Makerua Drainage, iVt p.c, l/S/45 ..*.. — 101 0 0 Makerua Drainage, 4»4 p.c, l/S/53 .... - 101 0 0 Wgtn. City, 4\i p.c, . 1/2/57 104 12 6 - Other Debentures— Amalg. Brick, Wgtn. — 100 5 0 N.Z. L'V.rmers' Co-op., i\b p.c, 1945 — 91 0 0 Grand Central Bldg. - GO 0 0 BanksAustralasia — 12 16 0 Comm. of Aust. (ord.) — 0 IS 10 fomm. of Aust. (pref.) — 2 12 Xat. of A'asia (£5) . - 7 6 6 Xew Zealand * — 2 6 1 New Zealand D Long Term * — 17 0 Union of Aust. ... 10 17 0 1100 Financial— ; Abraham and Williams _ (pref.) 4 5 0 — Equitable Bldg. Co. . 0 10 0 — Uoltlsbrouph, Mort. o anc [ Q o * — 11° J X Z Guarantee Corp. 0 4 11 0 5 2 Wgtn. Trust Loan. .. 5 S 6 — Wright, Stephenson (ord.) 10 3 — Sand •::::::::::: n. Ill Gisborne - ° 10 0 Wellington (ord.) .. — 1 16 6 j Feilding 0 1 11 — Insurance — Queensland - n 3 0 0 South British 4 14 0 — Meat Preserving— Gear Moat 0 15 9 — Wgtn. Meat Exp. .. 0 o 0 — Transport— . «j fluddart, Parker : ( orc \ ) — 20 0 P. & 0. Defd. Stock — 2 3 0 WoollenWellington (ord.) .... — 6 0 0 Wellington (pref.) ... 5 17 0 — Coal— * Westport .: — 13 6 Timber— Botoiti — 05 4 Taringamutu 0 15 0 — Taupo Totara (ord.) . — 0 9 1 i'aupo Totara (pref.) — 10 0 Taupo Totara (16s paid, pref.) — 0 15 9 Breweries— Carlton — 3 5 Ol Dominion * — 2 0 3 S.'/j. Breweries (ex rights) * 2 8 4 2 9 6 X.Z. Breweries (rights) 12 4 — Staples and Co — 2 11 9 Tooth and Co 2 15 0 — MiscellaneousAnthony Hordern ... 0 19 0 —" Aust. Glass * 4 10 0 — Aust. Iron and Steel 16 9.— Brit. Tobacco (Aust.)* 2 8 9 — Broken Hill Pty. ... 3 19 6 400 Broken Hill Pty. (contrib.) — 3 11 9 Burns, Philp, and Co. 3 11 0 3 11 9 Claude Neon Lights (X.Z.) — ' 1 11 9 Colonial Sugar .... 46 12 6 ..— Consol. Brick' & Pipe — 0 8 9 Dunlop-Perdriau .... 12 6 12 7 Electro. Zinc (ord.) '. — 2 15 6 Electro. Zinc (S p.c. part pref.) — 2 17 6 .Farmers' Trading ... — 13 6 General Industries .. 10 0 — G. J. Coles 5 76 58 0 Henry Jones Co-op. .. 2 6 3 ■— N.Z. 'Drug — 3 lfi 0: Procera Bread (ord.) . — 14 0 Sharland and Co. (ord.) — 10 0 Taranaki Oil 0 3 10 — j United Provisions ... 0 10 5 — Woohvorths (X.Z.) (ord.) 8 00 — YVoolworths, Ltd. (2nd pref.) 17 9 — ! Felt Textiles 1 14 9 — Olympic Tyre 2 11 0 . — v Mfning— Gillespie's Beacli ...■.* — 0 16 Australian— Mount Lyell * — 2 4 0 Mount Morgan * 0 13 2 0 13 6 I UNOFFICIAL LIST. Buyers. Sellers. £ s. d. £ s. d. Wooivrorths, Ltd — 7 0 0 Woohvorths (W.A.), Ltd — 700 Woohvorths, Ltd. (rights) 48 6 — John Fuller and Sons Debentures '.. — 66 0 0 MeKenzie's Dept. Stores. Ltd 3 19 0 — Frozen Products .... 0 8 0 0 10 0 Federations Ltd — 102 0 0 BUSINESS TRANSACTED. Sale today, first call:— . No. of Shares. £ s. d. 100 Dunlop-Perdriau 1 2 6 Sales made after going to press, Tuesday:— Xo. of Shares. £ 8. a. £S00 3% p.c. Gort. Stock (1953-57) .• 99 17 6 150 Bank of N.Z. (2 sales) * 2 6 0 100 Dominion Breweries ..* 2 5 1 375 X.Z. Breweries Eights (2 sales) 1 2 6 175 Broken Hill 4 0 0 100 Broken Hill (2 sales) .. 4 0 3 75 G. J. Coles 5 8 3 100 G. J. Coles 5 8 0 600 X.Z. Crown Mines 0 2 OH 200 Mount Lyell (2 sales) .. 2 4 2 100 Mount Lyell 2 4 0 *Cum div.