Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.


The amount of revenue collected at tho Custom-house on goods cleared to- lay for consumption was Ll,olßlßs 9d. The ‘Argus’ of the 6th inst. records a notable transaction by Messrs Clarke and 00., brokers—namely, the sale in one line of 2,250 shares in tho Broken Hill Proprietary Company, at LSO per share, on account of Mr P. K. M'Caughan. The purchase-money amounts to L 112,500, and it is stated that this is the largest single transaction ever effected in the Australian share market, and falls not far short of the gross value of tho total sales of the Stock Exchange of Melbourne on the busiest day of the “boom’’—viz., L 127.000, The price quoted is equivalent to a total of LSOO a share, prior to the subdivision, for each original L 25 share, and is by far the highest price ever paid for these shores, being LB7 above the maximum rate reached in tho “silver boom.” The directors of Kempthorne, Prosser, and Oo.’s New Zealand Drug Company declare an interim dividend at the rate oi 7 per cent, per annum.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

COMMERCIAL., Issue 8008, 10 September 1889

Word Count

COMMERCIAL. Issue 8008, 10 September 1889

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.