COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20045, 18 September 1939, Page 12

COMMERCIAL

MARKET VERY STRONG AUSTRALI AN EXCHANGES (Eloc. Tel. Copyright—United Press Assn.) SYDNEY, Sept. 15. Buying interest again covered a wide range of shares on the Stock Exchange to-day. Price variations were mostly minor and the undertone of tlie market was very strong. Sales included:—Bank of New South Wales, ,627 3s Gd; Commercial Banking Company of Sydney, .61.7; Commercial Bank of Australia, 14s 4d;-Union Bank, 66 14s; Bank of Australasia, ex dividend, .68 ss;"Colonial Sugar, 644 15s; Associated News, 16s 3d; Howard Smith, 20s 9d; Huddart Parker, 575; British Tobacco 475; Tooths, 49s 6d; Tooheys, 21s 4kl; Coles, 69s 3d; Woolworths, 22s 4£d; Woolworths Properties, prof., ordinary, 21s; Woolworths Properties, New Zealand delivery, 21s; General Industries, 17s 6d; Kandos, 27s 9d; Mort’s Dock, 15s 6d; Mort’s Dock, New Zealand, delivery, 15s 6d; Newbold, 27s 9:1; Cash Orders, 15s; Cash Orders, New Zealand delivery, 15s; Carpenter, 40s 9d; Gordon and Gotch, 49s 6d; Standard Cement, 21s; Mark Foy, 17s; Goldsbrough Mort., 28s 6d; United Provisions, 9s 9d; Millaquin Sugar, 41s; Electrolytic Zinc, 55s 6d; Electrolytic Zinc, prof., 56s Od; Mount

Lye 11, 30s Cd; Broken Hill Proprietary, GBs; Broken Hill Proprietary, new consolidated, 17s 3d; South Broken Hill, 28s 9d; Kuala Kampar, 17s 7Jd; Emperor, 9s lOd; Placer Development, 72s 3d.

Sales on the Melbourne Stock Exchange included: Commercial Bank of Australia, 14s Gd; National Bank, £5 paid. £5 11s; E.S. and A. Bank, 82s; Carlton Brewery. 65s 6d; Drug Houses, 25s 3d; Dunlop Perdriau, 17s 9d; British Tobdfcco. ex. div., 47s Gd; Cox Bros., 9s Gd; Myers. 275; Coles, 69s Gd; Heralds, 57s Gd; Electrolytic Zinc, 53s Gd; do., pref., 56s Gd; Mount Lyell, 30s 9; Mount Morgan, 10s Id; North Brokens, 48s; Souths, 28s 3d. PARORANGI HEREFORDS TO I’ I’RICE TO GISBORNE Messrs. Abraham and Williams, Limited, in conjunction with Messrs. Wright, Stephenson and Company, Limited, along with Messrs. Dalgety | and Company and the New Zealand ’Loan and Mercantile Agency Com--1 pony. Limited, in conjunction, report that at the sale of Parorangi Herefords, Parorangi 52nd, sired by the imported Vern Martinez, a splendid type of the breed and carrying a good i infusion of the well-known Amethyst 1 blood, realised the top price of the | offering, being purchased by Messrs.

Murphy Bros., Gisborne, at 300gns.. Another, from Duchess and sired by Vern Martinez, was purchased for GO gns. by Mr. M. R. Murphy, Gisborne. WAIKATO STOCK PRICES At the Morrinsville stock sale on Friday, prices ranged as follows: — Sheep.—Prime fat wethers, 31s Gd io 335; light fat wethers, 2Gs to 28s: unfinished, 21s Gd to 235; heavy fat ewes, 20s to 225; lighter, 14s to 18s Gd: cull ewes, Gs Gd to 10s 9d; prime fat hoggets, 20s to 30s; fat, 22s Gd to 23s 3d; light, 19s to 20s; woolly whitefaced wether hoggets, 15s to 16s Id; smaller, 10s 3d. Cattle.—Heavy fat Jersey cows, £lO 15s; medium, £7 15s to £8 17s Gd; light Polled Angus and Hereford cows, 2G 18s to £7 15s. MIL BURN LIME COMPANY A net profit• of £19,828. against. £23,750 last year and £16.260 in 1937, is recorded in the accounts of the Milburn Lime and Cement Company, Limited, Dunedin, for the year ended July 31. The dividend is held at 83 per cent with a final distribution of 5 per cent. The distribution requires £17,500, and £2OOO is to be provided for new plant, leaving £7998 to be carried forward, against £7070 brought in.