COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20013, 11 August 1939, Page 2

COMMERCIAL

MARKET INACTIVE AUSTRALIA N EXCHANCIES INDUSTRIALS STEADY (Elec. Tel. Copyright—United Press Assn.) SYDNEY, August 9. . The .Sydney Stock Exchange lacked activity again to-day. Prices underwent little change. Leading industrials continued steady. Sales included: Bank of New South Wales, £2B ss; Commercial -Banking Company of Sydney, £lB 16s; National Bank, £lO paid, £l2 14s; Associated-News, 17s lOd; Burns, Philp, £2 10s 3d; British Tobacco, £2 6s 3d; Tooth and Company,' £2 11s. 6d; Tooheys, Limited, £1 8s 71d;,G. J. Coles, £3 11s; Woolworths, Limited, £1 2s J. Fielding, £4; Imperial Chemical Industries, pref,, £1 2s 3d; Meggitts, Limited, £1 10s 3d; Australian Consolidated Industries, £1 15s 9d; Anthony Hordern, 13s 6d; United Provisions, 8s 2d; Millaquin 'Sugar, £2; Colonial Sugar, £44 17s 6d; William Adams, 15s 6d; Felt and Textiles, New Zealand delivery, £1 10s; Sargents, Limited, £1 7s 9d; W. R. Carpenter, New Zealand delivery, £2 Is 9d; Standard Cement, £1 2s 6d; Electrolytic Zinc, £2 3s 9d; Electrolytic Zinc, pref., £2 13s: Mount Morgan, 8s lid; Zinc Corporation, £4 2s Gd; Broken Hill Proprietary, £3 Is 9d; New Broken Hill, 16s 3d; North Broken Hill. £2 ss; Broken Hill South, £1 6s. Morning sales included; Commonwealth Bonds, 3? per cent, 1951, £9B 6s 3d; 31 per cent, 1954, £99 Is 3d; 4 per cent, 4944, £lOl 17s 6d: 4 per cent, 1955, £lO-1; Bank of New South Wales. £2B ss; Australian Gas “A,” old, £7 ss; Anthony Hordern, 13s 6d; Broken Hill Proprietary, 61s 6d; Cash Orders Amalgamated, 16s 3d: Colonial Sugar, £44 17s 6d; Dunlop-Perdriau Rubber, 18s 3d; Felt and Textiles, New Zealand delivery, 30s. Sales on the Melbourne Stock Exchange to-day included:—-Bank of Australasia. £8 ss: E,S. and A. Bank, £4 7s: National Bank. £lO oaid. £l2 13s; Australian Consolidated Industries. £1 15s 7id; Electrolytic Zinc. £2 9s: G. J. Coles, £3 10s 9d- Howard. Smith, 19s; North Broken Hill. £2 5s 3d: Broken Hill South, £1 5s 0dLoloma Mines, £1 5s 4d; Empero" Mines, 10s 2d.

N.Z. WOOL TRADE JULY SALES & SHIPMENTS LARGE INCREASE SHOWN That the winter wool sales now in progress will effect a considerablereduction in the carry-over shown at June 30, is apparent from the returns compiled by Dalgety and Company, Limited Offerings of wool during July totalled 8786 bales, of which 8233 bales were sold, compared with 5026 bales offered and 4633 bales sold during July, 1938. The figures in detail compare as follows:Ju1y,1939 July, 1938. Offered. Sold. Offered. Sold Bales. Bales Bales. Bales

The estimated carry-over as at June 30, was 28,868 bales of greasy wool, 1592 bales of scoured wool, and 15,141 bales of slipe, a total of 45,601 bales. Shipments of wool from New Zealand during July totalled 30,245 bales, compared with 18,557 bales for July 1938, an increase of 11,688 bales, Of the wool shipped last month 11,697 bales were greasy and 18,548 bales of slipe. Details of the shipments comnare as follows:

Timaru 442 442 23 23 Christchurch 204 204 08 08 Blenheim — — 7 7 Wellington .. 4880 4554 2832 2030 Wanganui 2900 2739 2034 1837 Napier .... 4G 40 30 30 Gisborne 105 105 2 Auckland 143 143 30 30 Totals 8780 8233 5020 4033

July, 1939 July, 1938. Bales Bales. Invercargill .. 4734 • 1048 Dunedin ... 2185 3108 Oamaru ... 890 893 Timaru .. 2394 842 Christchurch .. 7930 4791 Blenheim .... — 320 Wellington ... 3788 3881 Wanganui ... 2074 480 Mew Plymouth, Waitara ... 123 100 Napier, Waikokopu 3138 577 ■Gisborne, Tokomaru Bay .. 1534 043 Auckland, Opua .. 1448 1802 Totals . 30,245 18.557