COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 19997, 24 July 1939, Page 2

COMMERCIAL

AUSTRALIAN EXCHANGES BUSINESS RESTRICTED (Elec. Tel. Copyright—United Press Assn.) SYDNEY, July 21. The Sydney Stock Exchange is again in the doldrums. Due mainly to the uncertainty of the overseas situation, business to-day was severely restricted. Sales included: Bank of N.S.W.. £23 ss: Colonial Sugar, £45 7s 6d; South British Insurance, £1 19s; Associated News, 18s 9d; Adelaide Steam. £1 12s Id; Huddart Parker, £2 lls 3d: Burns Philp, South Sea, £1 4s 6d; British Tobacco, pref., £1 8s 6d; Tooth and Co., £2 12s 3d; Tooheys, Ltd., £1 9o 3d; G. J. Coles, £3 12s 9d; Wool-worths (N.Z.), 15s 9cl; Dunlop Perdriau, 19s lOd; William Adams, 15s. 10Jd; Taubmans, £2 12s 9d; Victoria Nyanza, 12s; Wlnchcombe Carson, £1 6s; Henry Jones, £2 10s 3d; 'Australian Guarantee Comoration, £1 3s; Broken. Elill Proprietary, £3 2s Gd; Arahura Gold, £1 &; Emperor Mines, 9s 4d; Anthony Hordern. 14s. ' i

Sales on the Stock Exchange of Melbourne to-day included: Commercial Bank of Australia, 15s; Australian Consolidated Industries, £llss; British Tobacco, £2 7s 9cl; Adelaide Steam, £1 12s; Broken Hill Proprietary, £3 2s 3d; Broken Hill South, £1 5s 9d; Emperor Mine, 9s 3d; Loloma Mines, £1 3s 3d.

STORE CATTLE ADVANCE SALE IN MORRINSVILLE There was a 'good entry of sheep at the Morrinsville stock sale on Friday, the offering comprising several pens of prime wethers and hoggets. Competition for all classes of fat sheep was keen. A small yarding of store hoggets realised satisfactory prices, but the breeding ewes failed to reach vendor’s reserve. There was a full yarding of all classes of cattle, with a fair offering of cow and heifer beef, which sold under keen competition at prices • fully up to recent sales. Store steers and cows attracted a good attendance .of * buyers and competition for all classes was keen at prices in advance of recent sales. Quotations: — Sheep—Heavy prime wethers, 26s to 28s 4d; prime black-face mutton, 23s to 245; light fat wethers, 19s 6d to 22s 6d; unfinished, 17s Gd to 18s 9d; fat ewes, 16s 9d to 19s: heavy fat hoggets, 20s to 21s Gd; medium, 17s Gd to 18s Gd; light, 15s Gd to 16s Gd; for-ward-conditioned hoggets, 12s 8d to

14s; store wether hoggets, llr, Id; black-face hoggets, 6s 3d to 8s 3d. Fah Cattle. —Runners, £3 7s Gd to £4 19s; prime Hereford cows, £7 7s to £7 17s Gd; .medium Shorthorn-cross cows and heifers, £7 to £7 11s; light Shorthorn cows, £5 17s to £G 7s Gd, Store Cattle. —Forward - conditio ncd three-year Polled Angus steers, £7 IGs to £8; lighter-conditioned, two and a-half and three-year Polled Angus sheers,. £6 13s; forward-conditioned Hereford steers, £8; empty Hereford cows, £3 18s to £4; forward Polled Angus heifers, £5; 18-months Polled Angus heifers, £3 10s; yearling Jersey heifers, £3 6s to £3 17s Gd. OPOSSUM SKIN SALE Advice has been received by Messrs. Dalgety and Company that owing to the small delivery of opossum skins to stores in Dunedin the first sale has been postponed until August 11. The sale was originally set down for July 14, but a postponement until July 21 was made and mow the sale date has been altered again. It is explained in the south that the slow delivery is due principally to unfavourable weather conditions, trappers having been unable to dry the skins in time.