GENERAL STRENGTH

Gisborne Herald, Volume LXVI, Issue 20075, 23 October 1939, Page 12

GENERAL STRENGTH

AUSTRALIAN MARKETS (Klee. Tt'l. (.’opyrigllt—Unili-tl Pri'ss Assn.) SYDNEY, Oct. 20. General strength in the market for industrial shares was again apparent to-day, but there was a scarcity of scrip, particularly in the case of Broken Hill Proprietary. Sales included:—Commercial Bank of Australia, 14s Id; Union Bank, £G 8s; Colonial Sugar, £47; Associated News, 15s lOd: Bradford .Cotton, £2 3s: Australian Consolidated Industries, £1 15s Gd; Morts Dock, lGs Gd: William Adams, 12s: Henry Jones, £2 13s Gd: Electrolytic Zinc, £2 14s Gd; ditto., pref., £2 17s 3d; Broken Hill Pty., £3 9s; Broken Hill South, £1 7s lOd; Oil Search, 2s lid. Morning sales included: —Tooth’s Brewery, 49s 9d; Anthony Hordern (pref.), 18s 9d; Australian Consolidated Industries, 35s 44k1, and (contributing) 11s Gd; British Tobacco, 4Gs 9d: Broken Hill Proprietary, 68s 3d: Cash Orders Amalgamated, 15s 9d.

Sales on the Stock Exchange of Melbourne to-day included:—Commercial Bank of Australia, 14s; ditto, pref., £8; Australian consolidated Industries, £1 15s 4d: ditto, contributing, 11s Gd; Drug Houses, £1 5s 2d: Herald and Times, £2 17s Gd; Woolworths Lid., £1 2s 4d; Mount Lyell, £1 9s 9d; Mount Morgan, 9s Gd; Felt and Textiles, £1 12s Id; Emperor Mines, 9s lOd: Loloma Mines, £1 4s.

HIGH POTATO PRICES Ohakune and Californian potatoes rose to the highest price known for many years in Auckland on Thursday, when retailers were selling them at Gd per lb. Sacks of these potatoes command very high prices at the auctions, but with larger stocks of new potatoes coming forward it is expected that the demand for old potatoes will decrease. New potatoes are being retailed at from 4d to 8d per ’.b. A large retail produce merchant said that there was an unaccountable inquiry for old potatoes, people possibly requiring them for planting.