COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20098, 18 November 1939, Page 8

COMMERCIAL

AUSTRALIAN EXCHANGES LESS ACTIVITY (Elec. Tel. Copyright—United Press Assn.) SYDNEY, Nov. Hi. There was less activity on the Sydney Stock Exchange to-day. Prices were firm, without selling pressure. Sales included: Bank of New South Wales, £2C 15s; Commercial Banking Company of Sydney,. £lB 9s; Colonial Sugar, £4B ss; United Insurance, £10; Australian Guarantee Corporation, 19s 9d; Hucldart Parker, £2 16s 3d: Australian Consolidated Industries, £1 His 3d; Australian Consolidated Industries, contributing, 13s lid; Anthony Hordern, ex div.. 14s 3d: J. McGrath, £1 15s/ United Provisions, 8s lid; Henry Jones, £2 18s; Broken Hill Proprietary, £3 13s; North Broken Hill, £2 4s 6d; Broken Hill South, £1 6s Id: Avahura Gold, £1 10s. Morning sales included: Bank of New South Wales, £26 15s; Tooths, ex dividend, 50s 9d; Associated Newspapers, 16s 9d; British Tobacco, 47s 9d: Broken Hill Proprietary. 73s 3d; Colonial Sugar, £4B ss; W. H. Soul, New Zealand delivery, 935. Sales on the Stock Exchange of Melbourne to-day included:—Commercial Bank of Australia, 15s 3d: Australian Consolidated Industries. £1 16s 9d: Goldsbrough Mort, £1 7s 9d; Howard Smith, £1 3s Id; Dunlop Perdriau. 19s; Mount Lyell. £1 9s; Emperor Mines, 10s Gd. MOTUROA OIL FIELDS, LTD. Moturoa Oil Fields, Limited, has advised the Stock Exchange Association that at a meeting of directors on November 3, it was resolved that a recommendation be made to shareholders to pay a dividend on that amount paid up on the preference shares for the year ended August 31, 1938, at the rate of 6 per cent per annum and that payment of the present dividend for the year ended August 31, 1939, be deferred meantime and that no dividend be paid on the ordinary shares.