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COMMERCIAL

INCREASE IN PRICES EXPANDED BUSINESS AUSTRALIAN EXCHANGE (Klit. TYI. (.'(ipyright- United I’ress Assn.) SYDNEY, Nov. 8. Higher prices were mostly associated with a greatly expanded turnoxer on the Sydney Stock Exchange to-day. The demand was widespread, indicating a strong flow of funds for investment.

Sales included:—Bank of New South Wales, £2O 15s : Commercial Bank of Australia, 14s fid; Union Bank, £6 14s; Associated News, lGs 3d ; Woolworths, Limited, £1 3s; G. J. Coles, £3 10s Gd; Australian Consolidated Industries, £1 17s 41d; Australian Consolidated Industries, contributing, 14s Gd; Australian Consolidated. Industries, New Zealand delivery, 13s lid; William Adams, 14s 4d; J, Fielding, £4 3s Gd; Broken Hill Proprietary, £3 13s 9d; Arahura Gold, £1 10s; Kanieri Gold, £1 11s; Emperor Mines, 11s Id; Taranaki Oil, 4s 3d.

Morning sales, which were notable for rises in Broken Hill Proprietary and Australian Consolidated Industries, included: Tooth’s Brewery, 525; Australian Consolidated Industries, 37s Old; Australian Consolidated Industries, contributing, .New Zealand delivery, 13s lid, with other subsequent sales to 14s Gd; Broken Hill Proprietary, 75s Gd; Drug Houses, 25s 4),d; Electrolytic Zinc, pref., 38s.

Sales on the Stock Exchange of Melbourne to-day included: —Commercial Bank of Australia, 14s Gd; Felt and Textiles, £1 16s Id; Hume Pipe, 16s 3d; Australian Consolidated Industries, £1 17s; Broken Hill South, £1 7s; Emperor Mities, Its; Loloma Mines, £1 5s 3d; Mount Lyell, £1 10s.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19391110.2.144

Bibliographic details

Gisborne Herald, Volume LXVI, Issue 20091, 10 November 1939, Page 12

Word Count
228

COMMERCIAL Gisborne Herald, Volume LXVI, Issue 20091, 10 November 1939, Page 12

COMMERCIAL Gisborne Herald, Volume LXVI, Issue 20091, 10 November 1939, Page 12

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