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BROKEN HILL SHARES.

A CONSIDERABLE BOOM.

(Press Association.^ —Copyright.)

SYT>NEY,.'This\ Day.

For a couple of days there has. been' a considerable boom in Broken Hill Proprietary shades. «" Sydney touched 75s and receded "to 725. ■

The rise is less marked in Melbourne and Adelaide.

The cause of sho advance is not apparent. It is partially attributed to Chairman's statement at th e halfyea<rly meeting that the profits for the past year were f-660,000, against £400,000 the previous year, and also the rumour of the intention of the company to r r>ara: fi the 'Newcastle steelworks frontb 0 Broken Hill mining undertaking?.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19180228.2.35

Bibliographic details

Nelson Evening Mail, Volume LII, Issue 50, 28 February 1918, Page 4

Word Count
100

BROKEN HILL SHARES. Nelson Evening Mail, Volume LII, Issue 50, 28 February 1918, Page 4

BROKEN HILL SHARES. Nelson Evening Mail, Volume LII, Issue 50, 28 February 1918, Page 4