Australian Metal Scrip Easier
■Milburo'.irme and Cement Net Profit Less
Third Quarter Tin Quota Raised
Australian metal stocks eased on the investment market this morning, probably on profit taking. Buying support fell away sharply,-only one purchaser coming forward, while prices lost slight ground. Commonwealth industrials were inactive, while other sections showed little change.
' The international Tin Committee has raised the quota for the third quarter of this year, to 80 per cent., but allowed the fourth quarter figure to remain unchanged at 60 per cent, of standard tonnage. Milburn Lime and. Cement reports a net profit of £19,828, or £3,922 below last year’s figure. Dividend is unchanged. The sum of £2,000 is apportioned in this year’s accounts for new plant.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ESD19390913.2.38.1
Bibliographic details
Ngā taipitopito pukapuka
Evening Star, Issue 23370, 13 September 1939, Page 6
Word count
Tapeke kupu
120Australian Metal Scrip Easier Evening Star, Issue 23370, 13 September 1939, Page 6
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in