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AUSTRALIAN EXCHANGES SHARP FALLS REGISTERED BUYING AT LOWER LEVELS (Kli'C. Tel. Copyright—Unitt-il Press Assn.) SYDNEY, August 22. The news of the non-aggression pact between Germany and Russia depressed the investment market on the Sydney Stock Exchange to-day, resulting in sharp falls in practically all departments. Some 'buyers took advantage of the situation to acquire shares at lowered rates, and a notable expansion in (business was recorded. Sales included: —Commercial Bank of Australia. 14s 4d; E.S. apfd A. Bank. £4 6s 3d; Bank of New South Wales, £27 13s; United Insurance, £l6 ss: Howard, Smith, 19s 7d; Tooth’s Breweries, £2 10s Gd, £2 10s 3d; Tooheys, £1 8s Gd: Australian Consolidated Industries, ex rights, £1 13s. £1 12s 6d; Australian Consolidated Industries, rights, 5s 3d; Anthony Hordern, 13s 2d; Associated Newspapers, 17s Gd; Associated Newspapers, - pref., £1; British Tobacco. £2 ss; Broken Hill Proprietary. £2 19s, £2 17s Gd; Burns, Philp, £2 10s 3d; Cash Orders, ex div., 16s; Colonial Sugar, £43 15s : Dun-lop-Perdriau, pref., £1 14s; Electrolytic Zinc, £2 8s: Electrolytic Zinc, m-ef.. £2 10s 3d: Hackshalls, 12s; James, Stedman. 13s; Meggitts, £1 10s; Mort’s Dock. 13s lid; Standard Cement, £1 Is; Sydney Ferries, 4s 3d; Woolworths, Sydney, £1 Is 7kl; Emperor, 9s; Larut Tin, ss: Loloma, £1 4s 9d; Mount Lyell. £1 4s 10d- Mount Morgan, 8s 9d; North Broken Hill, £2 Is Gd; Zinc Corporation, £3 14s.
Commonwealth Bonds. per cent, 1951, £9B 10s; 3J per ceih. 1954. £99 ss; 4 per cent. 1941, £lOl 3s 9d; 1953, £IOO 8s 9d; 1961, £lOl 18s 9d.
Business on the Melbourne market included: Howard, Smith, 19s Gd; Melbourne Investment. Trust, 5s 4d; Dunlop-Perdriau, 17s 9d : Dunlop-Per-driau, pref., £1 14s; Drug Houses, £1 2s; Electrolytic Zinc, ord., £2 8s Gd; G. J. Coles, £3 11s; Herald and Times, £3; Hume Pipe, Aust.. 18s Gd; Myers’
Emporium £1 7s 3d: Emperor, 8s_10d; Loloma. £1 4s 4d: Mount Lyell. £1 4s 10d; North Broken Hill, £2 2s Gd.
Offered at the Stortford Lodge stock sale, Hastings, yesterday, 39 well-grown yearling .Aberdeen Angus steers, some showing Hereford cross, in light condition, railed from Nuhaka, sold at £3 12s Gd.
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https://paperspast.natlib.govt.nz/newspapers/GISH19390824.2.99
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20024, 24 August 1939, Page 8
Word Count
356COMMERCIAL Gisborne Herald, Volume LXVI, Issue 20024, 24 August 1939, Page 8
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