COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20060, 5 October 1939, Page 8

COMMERCIAL

AUSTRALIAN EXCHANGES STEADY LEVELS. RULE SYDNEY, Oct. 3. Following the holiday yesterday, business was resumed on tlie Sydney Stock Exchange to-day. There was a steady market, but turnover was restricted. Sales included:—Commercial Bank of Australia, pref., £7 10s; Goldsbrough Mort, £1 8s; Tooth’s Breweries, £2 8s 6d; Tooheys, £1 Gs 2d; Associated News, 16s 3d ; Australian Consolidated Industries, £i 14s, £1 14s 7Jd; Australian Consolidated Industries, contributing, 10s 3d; Australian Iron and Steel, pref., £1 5s 9d, £1 5s lOd; British Tobacco, £2 4s 6d; Broken Hill Proprietary, £3 7s Gd; Cash Orders, 14s 9d; Colonial Sugar, £44 17s Gd, £45; Electrolytic Zinc, £2 13s Gd, Electrolytic Zinc, pref., £2 15s; Kandos Cement f £1 7s lOd; Woolworlhs, Sydney, £1 0s 9d; Broken Hill South, £1 8s; North Broken Hill, £2 Gs Gd ; Loloma, £1 2s lOd. Sales in Melbourne included:—Bank cf New South Wales, £26 17s Gd; National Bank of Australasia. £lO paid, £ll 17s; Australian Consolidated Industries, £1 14s; Australian Consolidated Industries, contributing, 10s 3d; Broken Hill Proprietary, £3 7s 3d; Cox Bros., 8s 3d; Broken Hill South, £1 8s; North Broken Hill, £2 Gs Gd. DIVIDEND ARREARS AUSTRALIAN PAYMENT (Mice. Tel. Copy nidi I —l’nitcfl I’n-as Assn.) (Reed. Oct. 5, 9 a.in.) SYDNEY. Oct. 4. The diiec'ors of Australian Iron and Steel Limited intend to pay on November 1 the preference dividend arrears for two and a half years to November 1. 1937 The proposed payment will be £14,;0s 7ld per cent, leaving the dividend two years in arrears to next November S. BRITISH INSURANCE The directors of the South British Insurance Company, Limited, decided this week to recommend a final dividend of Bid. a share for approval at the annual meeting on October 2G. With the interim dividend of a similar arnoupt paid in April, the distribu‘:cn for the year ended August 31 will be again 17d. a share, equal to 14 I*6 pe>' cent.