COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20030, 31 August 1939, Page 8

COMMERCIAL

AUSTRALIAN EXCHANGES PRONOUNCED RECOVERY REVIVAL IN TURNOVER (Elec. Tel. Copyright—United Press Assn.) SYDNEY, August 29. A pronounced rally occurred on the Sydney Stock Exchange to-day. All stocks strengthened and turnover was the heaviest for weeks. Rightly or wrongly, there is a disposition Jo think that the war clouds are lifting, resulting in a healthier tone. } Sales included: ’ — Bank of New South Wales, £27 ss; Commercial Banking Sydney, £l7 10s; National Bank Australasia (£5 paid), £6; Ditto (£lO paid), £l2 4s; Felt and Textiles, £1 8s; Howard Smith, 19s 6d; Toohey’s Brewery, old, £1 7s 6d; Tooth’s, £2 10s 3d; A.C.I. £1 13s Cd; Ditto (rights), 5s 9d: Anthony Hordern, 13s; Associated Newspapers, 17s 3d; Ditto, 17s 4d; Ditto (pref), 19s lOd; British Tobacco, £2 5s Cd; Broken Hill Proprietary, £3 4s; Ditto, £3 ss; Burns, Philp (New Zealand delivery), £2 10s; Colonial 'Sugar, £42 2s 6d; Ditto, £43 ss; Dunlop-Perdriau, 18s; Ditto, 18s 4£d; Electrolytic Zinc, £2 9s 6d; Ditto, £2 10s fid; Ditto (pref), £2 12s 6d; Gibson and Howes, £1 11s Cd: Malleys, 18s; Millaquin ' Sugar, ex div„ £1 '18s; Mort’s Dock, 13s Cd: W. Adams, 15s; W. Atkins, £1 l ls Cd; Woolworths, 'Sydney, £1 2s Cd; Woolworths, N.Z. delivery, £1 2s fid; Broken Hill South, £ 1 5s 4d; Emperor, 9s fid; Kanieri, £1 10s; Loloma, £1 5s 3d; Mount Lyell, £1 5s Cd; ML Morgan, N.Z. delivery, 9s 3d; (New Broken Hill, 15s; North Broken (Hill, £2 3s Cd; Placer Development, £3 10s. Commonwealth Bonds, 3} per cent, 1942, £99 'l2s Cd; 1949, £9B 16s 3d; 1951, £9B 8s 9d; 1954, £97 ss; 31 per cent, : 1954, £99 2s Gd: 4 per cent, 1941, £IOO lls 3d; 1944, £IOO 'l2's Cd; 1950, £99 18s 9d; 1953, £100; 1955, £IOO 3s 9d; 1958, £IOO 8s 9d; 1961, £lOl 7s fid. Business on the Melbourne market included:—Bank of Australasia, £7 10s; Bank of New South Wales, £27; National Bank of Australasia, £5 .paid, £6; Australian Consolidated Industries, £1 13s; Australian Consolidated Industries, rights, 5s 8d; Broken Hill Proprietary, £3 4s 3d; Cap el Court Investment, 3s; G. J. Coles, £3 9s; Herald and Times, £3; Broken Hill South, £1 4s 9d-; Emperor, 9s 4d; Loloma, £1 4s; Mount Lyell, £1 ss; Mount Morgan, 9s Id; North Broken Hill, £2 2s fid.

BROKEN-IN HORSES '

MATAWHERO SALE Broken-in horse's, excluding heavy types, were offered on the second day of the Matawhero Horse Fair yesterday, the yarding totalling 75. There was a fairly good demand throughout, particularly for horses weighing enough for packing. Several of these realised £9 10s to £l4, with others in the vicinity of £8 to £9. In the hack classes an attractive entity from Mr. D. Campbell, Whatatutu, made £l3 10s, £9, £l2 ss, £ll, and £l2. Some of these values were a little below the reserve, which was obtained as soon as the horses left the selling ring. Other hack figures went up to £l2, with a good number making £7 to £9. Ponies brought £3 5s to £6.