IRREGULAR TONE.

Manawatu Standard, Volume LIX, Issue 144, 20 May 1939, Page 4

IRREGULAR TONE.

AUSTRALIAN SHARE MARKETS. SYDNEY, May 19. Tho main feature of to-day’s share market, was a rapid upward movement in Australian Consolidated Industries’ shares, stimulated by tho company’s plans for further industrial expansion. More than 1000 of these shares were exchanged at record prices. Business otherwise was restricted mostly to tho higher-priced industrial issues. Bank and Broken Hill issues were quiet. Sales included: South British Insurance, £1 19s 6d; As sedated News, 19s 9d; ditto, pref., £1 Is 6d; British Tobacco, £2 8s 6d; ditto, N.Z. delivery, Melbourne register, £2 8s 3d; Tooth and Co., £2 13s; Australian Cons Industries, £1 16s; General Industries, 19s 3d; Standard Cement, £1 2s 4d : Anthony Hordern, 15s; Commonweajtn Wool, £1 10s 3d; Imperial Chemicals, pref., £1 2s 9d ; Williams Adams, 15s 7jd ; W. IT. Soul, £4 11s; Cash Orders, £1 4s; J. McGrath, £1 14s 6d; Felt and Textiles, £1 9s 7£d; ITehry Jones, £2 10s; Wilcox Mofflin. 4s 7d; Millaquin Sugar, £2 0s 9d; Goldsbrougn Mort, £1 7s; United Provirions, 7s- Broken Hill Proprietary,

£3 2s 6d; ditto, contributing, £2 16s, Electrolytic Zinc, £2 8s; ditto, pref., £2 10s 3d; Zino Corporation, £4. 11s; Ml Morgan, 10s 3d; Kanieri Gold, £1 12s 9d; Taranaki Oil, 5s 3d. MELBOURNE, May 19. Sales on tlio Melbourne Stock Exchange to-day included: National Bank, £lO paid, £l2 11s; ditto, £5 paid, £6 5s 6d; Dunlop Perdriau, £1; Carlton Brewery, £3 ss; Australian Cons. Industries, £1 16s 7jd; Electrolytic Zinc, £2 7s 6d; Emperor Gold, 10s • Loloma Mines, £l 3s 6d ; Broken llill Proprietary, £3 2s 3d.