AUSTRALIANS EASIER

Evening Star, Issue 23352, 23 August 1939, Page 8

AUSTRALIANS EASIER

B.H.P.S ON OFFER AT £3/8/6 BARE SALES LIST RECORDED The hesitance in Australian scrip noted on the Dunedin Exchange was emphasised this morning by restricted losses. Buyers lowered limits and withdrew for several prominent issues, while vendors displayed their willingness to cut rates slightly to meet the market. The weakness is due to the depressing effect in Australia of the news of the non-aggression pact between Germany and Russia. Dominion industrials were well supported, but a bare sales list was recorded. Broken Hill Proprietaries lost appreciable ground to holders £3 6s fid, at which valuation buyers were not to be drawn. Coles found a widte market between £3 16s-£3 19s, while Sydney Woolworths closed with buyers willing to pay £1 4s 9d, 9d below sellers’ limits. Metals were lifeless, with most sellers holding late rates. Morgans were the only shares, to attract buyers, who fixed 9s 6d limits. New Zealand banks and insurances closed steady, but interest in loan and agency scrip fell off. Front-rank industrials were again well supported, Fertilisers, Drugs, Milburn Limes, and Paper Mills closing with strong buyers. New Zealand Breweries came on offer at £1 17s, but buyers were not interested. SALES REPORTED. —Late Yesterday.— 3J per cent. Stock, 1939-43, £99 12s fid. Bank of New Zealand, £2. Commercial Bank, 16s 2d, 16s 3d. E.S. and A. Bank, £4 18s. New Zealand Drug, £3 9s fid. Woolworths’ Holdings (South Africa), 14s fid. SALE ON ’CHANGE. —Late Yesterday.— Broken Hill Proprietary, £3 7s. . ■■ ■■ n. ■ ■ la-hint,

DIVIDEND AND CALL LIST. DIVIDENDS DDE. Regent Theatre —Final, 3£ per cent., making 6 per cent, for the year Aug. 23 Dominion Investment and Banking—Final, A. B, and G, 5 per cent , B, C (3rd issue), 4 per cent Aug. 28 Associated Newspapers, Sydney —lnterim ord. and pref., 2 per cent •• Ayg. 30 Emperor Mines (Fiji)-Fourth of 6d a share Aug. 31 Bank of New South Wales—lnterim quarterly, 6s a share ... Aug. 31 Austin Distributors Ltd., Syd-ney-Final, ord, 7i per cent., making 15 per cent, per annum, and pref. 3 per cent. ... Aug. 31. Carlton and United Breweries— Interim half-yearly, pref. and ord., Is a share Aug. 31 Carlton Brewery.—Half-yearly, 74 per cent Aug. 31 Berlei Ltd., Sydney—Final pref. at 8 per cent., ord. at 10 per cent, per annum Sept. 1 Elder Smith, Adelaide—iFnal at 7 per cent, per annum Sept. 1 Standard Insurance —Final, Is 3d a share Sept. 4 Loloma Mine (Fiji)—ls a share ... Sept. 8 Huddart, Parker— lnterim, pref. 3 per cent., ord. 7 per cent. ... Sept. 14 Woolworths (W.A.) Ltd. —Interim, half-yearly, 7J per cent. Sept. 15 Electrolytic Zinc Half-yearly, ord., and pref., at 9 per cent, per annum Sept. 15 CALLS PAYABLE. Dunedin Brewery.—ss, making 15s paid Sept. 1 Toohey’s a share, making 16s paid Sept. 21 G. J. Coles—los a share, making £1 paid Jan. 15 Broken Hill South—6d a share ... Sept. 15

SHEEPSKIN MARKET SHORT WOOLS DEARER. FULL WOOLS HESITANT The fortnightly Dunedin sheepskin sale was held yesterday, when mediumsized catalogues were offered to a good attendance of buyers. There was keen competition, and prices for tfull-woolled skins were from par to a shade easier. Shortwoolled skins, however, appreciated Jd to ®d per lb on the previous sale’s rates. Prices were as follows:

Half-bred full-wool ... d. 8i to ,d. Half-bred tluee-quarter-wool 8i to 9 Half-bred half-wmol ... 7 to 8 Halfbred quarter-wool 5| to 6i Cross-bred full-wool ... 9 to 9i Cross-bred three-quarter-wool 8 to 9 Cross-bred balf-wool ... 7i to 8 Cross-bred quarter-wool BJ to 6i Half-bred dead 7 to 72 Fine eross-bred dead 7i to 72 Cross-bred dead 6| to 71 Fine cross-bred full-wool 82 to 9* Fine cross-bred three-quar-ter-wool 8 to 9 Fine cross-bred half-wool 7J to 8i Fine cross-bred quarter-wool 52 to 6i Half-bred hoggets to 8| Fine cross-bred hoggets to 8i Cross-bred hoggets to Si Half-bred lambs to n Cross-bred lambs to 7J First pelts 22 to 3} Second pelts U to 2i