COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20023, 23 August 1939, Page 3

COMMERCIAL

EASING IN PRICES

AUSTR ALT AX MARKETS

METAL SHARES FALL

(Elkc. Tel. Copyright—United Press Assn.) SYDNEY, August 21. Prices were generally easier on the Sydney Stock Exchange to-day, with sharp falls in metal shares. The rights to the new Australian Consolidated Industries issued received their first quotation to-day with a morning buyer at 5s and a noon seller at 7s 9d. Sales included: —Bank of New South Wales, 1123; National Bank, £5 paid, £0 2s Gd; Associated News, 17s lOfd; Howard, Smith, 19s 7d; British Toibacco, £2 5s 9d; G. J. Coles, £3 11s; Woolworths. Limited, £1 3s; Drug Houses, £1 2s 4d; General Industries, 19s 3d; Kan'dos Cement, £1 10s; Commercial Banking Company of Sydney, £lB 3s; Commercial Bank of Australia, 14s 7d; Cash Orders, lGs 7d : Sargents, £1 7s 9d: J. McGrath, ex div., £1 12s lid; Goldsbrough Mori., £1 4s 9d: Millaquin Sugar, £2 Os 3d: Electrolytic Zinc, £2s 9s Gd : Electrolytic Zinc, pref., £2 12s 9d; Mount Morgan, 8s lid; Mount Lyell, £1 5s 3d; Broken H:ll Proprietary, £3 Os 9d; New Broken Hill, IGs 3d; North Broken Hill, £2 3s 9d; Broken Hill South. £1 5s 3d; Ra'wang Tin, Os Gd; Emperor Mines, 9s lid; Loloma Mines, £1 5s Gd; Oil Search, 4s.

Morning sales included; —Commonwealth Bonds, 3.J per cent. 1948. £93 7.s Gd; 3:,’ per cent, 1951, £B3 8s Del; 3-; per cent, 1954, £97 3s 9d; 33 per cent. 1954, £99 5s 4d; 4 per cent, 1941. £lOl 3s 9d; 4 per cent, 1947. £lO2 ss: Associated Newspapers, 17s lOld: British Tobacco, £2 5s 9d; Broken Hill Proprietary, £3 0s 9d ; Burns, Pliilp. £2 10s 9d; Colonial Sugar, £44 10s.

Sales on the Stock Exchange of Melbourne to-day included: —Carlton Brewery, ,C 3 8s: Dunlop-Perdriau, 18s 2d: Metre,c'olHan Gas. £l3 4s; Australian Iron and Steel, pref., £1 7s (Id; G. J. Coles, £3 ] Is: Broken Hill Proprietary. £3 Os Gel; Mount Lyell. £1 5s 7d: Electrolytic Zinc, pref., £2 12s fid; Mount Morgan. B.s lid: Loioma Mines, .Cl 5s 10d: Emperor Mines, 10s.