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AUSTRALIAN STOCK EXCHANGES

Sydney, Feb. 16. 1 The fall of Singapore and the pros- ' pcet of the Government curbing free c trading on the Stock Exchange, se— * verely depressed to-day's market, re- J suiting in sharp falls in heavy trading. Investors are frankly concerned as to tine outcome of the Government’s intervention. A conference between a representative of the Federal Treasury and the Stock Exchange to discuss representations for a modification of the Government’s plan was held, but no t official statement has been issued. To- .. day’s sales included:—Bank of New' I South Wales, £25 Is; Commercia.! r Banking Co., Sydney. £l6 ss; Associat- £ ed News, pref., 12s lOd; Howard Smith, t ] 16s; Burn. Philp. 41s; Australian Gas. A. p Css; British Tobacco, 345; Tooths, 36s y 9d; Tooheys, 21s 6d; Woolworths, 11s: t Consolidated Industries, 35s 9d; David t< Jones, 275; W. R. Carpenter, 21s; Brok- r i n Hill Proprietary, 29s 3d; Souths, 18s a lOd. Eastern t‘ i dredging shares have limped 71 per cent, in the past month, n Melbourne, Feb. 16. o Sales: —Commercial Bank of Austra- a lia, 12s 3d; Consolidated Industries, 365; tl British Tobacco, 34s 9d; Felt Textiles, i h 275; Mt. Lvell, 21s 6d; Mt. Morgan, 6s! £ 7d; Loloma, 12s 6d; Broken Hill Proorietary, 29s 3d, contributing, 23s 6d.— P.A. |

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19420217.2.4

Bibliographic details

Nelson Evening Mail, Volume 77, 17 February 1942, Page 1

Word Count
219

AUSTRALIAN STOCK EXCHANGES Nelson Evening Mail, Volume 77, 17 February 1942, Page 1

AUSTRALIAN STOCK EXCHANGES Nelson Evening Mail, Volume 77, 17 February 1942, Page 1

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