BOOM IN BROKEN HILL SHARES
(Rec. February 27, 11.25 p.m.) Sydney, February 27. For a couple of days there has been a considerable boom in Broken Hill Proprietary shares. In Sydney they touched 755., but have receded to 725. Tho rise is less marked in Melbourne and Adelaide. The cause of the ad- ; vance is not apparent. It is partially : attributed to the chairman's statement at the half-yearly meeting that the profits of tho past year were £560,000, against £400,000 the previous year, : also to a rumour that it is the intention of the company, to separate the . Newcastlo steel works from the Broken Hill mining undertakings.—Press Assn. AMERICAN CONVICTS FOR WAR WORK Washington, February 26. A Bill which has been introduced in Congress recommends the utilisation ol 300,000 inmates of the gaols for pro duction of war supplies.—Aus.-N.Z Cablo Assn.
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Dominion, Volume 11, Issue 138, 28 February 1918, Page 5
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141BOOM IN BROKEN HILL SHARES Dominion, Volume 11, Issue 138, 28 February 1918, Page 5
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