COMMERCIAL

Gisborne Herald, Volume LXVI, Issue 20115, 8 December 1939, Page 12

COMMERCIAL

AUSTRALIAN EXCHANGES GAINS BY LEADERS (Klee. Ti:l. Copyright—Unilml Press Assn.) SYDNEY, Dec. 0. Good iga-ins were made by most of the leading industrials to-day on the i'Joctk Exchange. The announcement of the proposed increase in the nominal capital brought a keen buying inquiry -for Broken Hill Proprietary shares. Sales included: — United -Insurance, £lO ;ls Gd; Winchcombe Carson, £1 8s: .Howard Smith, £1 3s 9cl: Toohevs, £<l 8s 3d; Tooths, £2 12s 9d, £2 13s, N.Z. .delivery £2 13s; Anthony Hordern, »13s Ad. prof. 119 s 3d; A.C.I. £1 Ills 9d, eon. 14s’ 3d, 14s scl; Broken Hill Proprietary, £3 ,17s Gd, £3 18s Gd, N.Z. delivery £3 18s (id: Elec-tro-lyitlc Zinc, £2 <l7s 3d, £2 17s Gd, prof. £2 ,18s (id; G. J. Coles, £3 ’l2s 3-d: K’andos Cement, £-1 8s Gd: Mark Fo.v, 17s: Nowlbold Brick, £1 11s; ’Wool-wer-ths (Sydney), £1 Is 9d; Austral N.Z. -Gold, £1 ss; Emlperor, 11s Gd; Mount Morgan, 9s; Mount Lyell. £1 3s Gd. Sales on the Melbourne Stock Exchange included:—Bank Australasia, £8 Is; Metropolitan Gas, £l4; Bradford Cotton, £2 9s Gd: Broken Hill Proprietary, £3 19s; British Tobacco, £2 8s 8cl; Nestles, -pref., £1 13s 6d;

United Provisions, 8s Gd; Loloma, £1 4s 3d: Emperor, 11s Gd; Broken Hill South, £4 7s 7d.

EASIER TREND CATTLE FAIR VALUES Yesterday's IM-atawhero Cattle Fair, which opened with half-hearted competition, improved considerably 'as the sale progressed. Although several lines were equal in value to the prices o,braining at the last fair, the general trend of the sale was easier. The offering of store cattle totalled 2,455. and tiie sale attracted 'fair competition from Hawke's Bay and Waikato 'buyers. There were practically no entries in the bullock Class, two small lots, of not very attractive quality, making £7 15s and £8 ss. Three-year steers made from £0 (is .to £7 7s; two-year steers, £4 5s to £5 ss. Yearling steers in two instances reached £4, the highest values toeing £4 2s, tout most of this class were of medium qualify, making from £2 upwards. Cows with calves were unattractive generally, values ranging from-£2 10s to £4 17s. Grown heifers reached £4 <lss and £5 ss. Of the two-year htvfers yarded, good pens made from £4 to £5, with average sorts elbout 42s to £3 lifts. Yearling heifers realised from £3 to £3 13s for a few. otherwise £1 18s to £2 18s. 1