COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20054, 28 September 1939, Page 8

COMMERCIAL

AUSTRALIAN EXCHANGES

FIRM AND lIFAI /PITY TONE

(Klue. Tol. Copyright—United Press Assn.) SYDNEY, Sept. 20.

Turnover on the Sydney Stock Exchange at present is below normal. Investors are cautious, but the market tone is firm and healthy.

Sales to-day included:—Bank of New South Wales, £2O 18s; Ditto, £2O lt)s: Commercial Banking Sydney, £l7 Is; E„ S. and A. Bank, £4 0s Od; Union Bank, £0 10s; Felt and Textiles, £1 10s; Australian Gas (A), £0 17s Od; Howard Smith, £1 0s Od; Tooth’s Brewery, £2 Os lid; A.C 1., £1 14s; Ditto (rights), 4s 4Ad; Anthony Hordern, 12s 8:1; Associated Newspapers (pref), 19s 9d; British Tobacco, £2 ss; Ditto (pref), £1 7s; Broken Hill Proprietary, £2 7s 9d: Colonial Sugar, £45; Elec--1 Irolytic Zinc, £2 14s; G. J. Coles, £2 7.s 2d; Henry Jones, £2 12s; Hume Pipe (Australia). 10s 9d; Millaquin Sugar, £2 Is; Ncwbold Brick, £1 7s 9d; Standard Cement, 19s 9d; W. H. Soul, £4 4s 2d; W. R. Carpenter, £2; Wool worths (Sydney), £1 0s 7|d; Broken Hill South, £1 7 S lOd; Em--1 peror. 9s 9a; Mount Lyell, £1 9s Od; North Broken Hill, £2 7s 3d; Oil Search, 3 S Id; Rawang Tin, 8s < 9d.

•Commonwealth Bonds. —3sper cent, 1942, £99 17s 6d; 1951. £9B; 1954, £97 10s; 35 per cent, 1954, £97 17s Od; 4 per cent, 1941, £IOO 18s 9d; 1944, £lOl 0s 3d; 1947, £99 1.7 s 0d; 1950, £100; 1953, £IOO ss; 1955, £100; 1957, £IOO !0s; 1959, £IOO 17s od. Business on the Melbourne market included: —Union Bank, £0 12s; Golds-brought-Mort, £1 10s; Felt and Textiles, £1 9 S 0d; Yarra Falls, £2 Is; Broken Hill Proprietary, £3 8s; Herald and Times, £2 10s Od; 1.C.1. (pref), £1 0s 9d; Broken Hill South, £1 7s 9d; Emperor, 9s 9d; Loloma, £1 3s 0d: Mount Lyell, £1 9s 9d; Mount Morgan, 9s 3d. WAIKAREMOANA SHEEP STORTFORD LODGE SALE (Special to tile Ilernhl.) HASTINGS, this day. In the store sheep section at the Slortford Lodge sale yesterday a draft was offered on behalf of Mr. F. A. Hull. The draft, bred in (he Wai knremoana (district, comprised 1110 well-grcwn and well-woolled two and four-tooth wethers, in forward order, an attractive line of sheep which should come off the shears in good order. The line sold at 22s Bd. Out of the same draft, 773 similarly-aged wethers, smaller framed, sold in two 1o is at 20s 9d and 20s 3d,

FRANKTON STOCK SALE SHEEP VALUES EASIER ■Competition was not so keen as last week for ox beef at the Frankton stock sale on Tuesday, and values generally were easier. Values for a heavy yarding of cow au-d heifer beef were firm. Extra heavy prime steers made from £ls 11s to £l7 ss. while prices for heavy prime ranged from £l3 15s to £ls ss. There was a large yarding of fat sheep, but only a small offering of prime quality wether mutton. Values were slightly easier, while unfinished wethers showed a decline. Fat ewes showed a drop of 2s a head. Prime spring lambs realised from 33s to 345.