BRIGHT SPOTS IN THE NEWS
A Winnipeg message reports that the most pronounced. rise in wheat prices for some months has put grain traders in an optimistic mood, and more active interest is being shown by exporters.
An application for a wages subsidy in connection with a new Wellington warehouse and bond store, to cost £10,050, is being considered by the officials of the Unemployment Board. A total of £4365 In wages is to be paid on this job.
Although Wellington’s shipping and cargo figures for May were down in comparison with the figures for May, 1931, the chairman of the Harbour Board, Mr. C. J. B. Norwood, said nt last evening’s meeting that the totals were actually a little better than was anticipated.
Not for many years have so many new milking sheds been installed in the Levin district as there have been during the past few months.
Thorough gratification with the progress made at the Imperial Conference is expressed by the chairman, Mr. R. B. Bennett (Canada). He does not contemplate the possibility of failure. The conference is reported to be getting to grips with vital business and to be in perfect harmony.
Honey worth £51,800 is exported from the Dominion each year, said Mr. W. Nelson, of Otorohcnga, at the conference of the National Beekeepers’ Association yesterday. Honey to nearly three times the .value of that sum is consumed each year in the Dominion. There are 120,000 hives in New Zealand. and the value of hive material and accessories is approximately £300.000. In no other English-speak-ing country in the world is honey being retailed at so low a price as in the Dominion.
Reports of live stock sales from a number of centres indicate a much-improv-ed tone in the market. A record entry of fat sheep at Christchurch caused a slight easing in prices, but at Auckland. Dunedin, and other places improved prices were recorded.
Renewed activity in the Wellington stock and share market was indicated yesterday by the quotation lists. Investors appeared to be mainly interested in gilt-edged securities, but the six sales recorded were of much-favoured, sbaras At firm
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Bibliographic details
Dominion, Volume 25, Issue 259, 28 July 1932, Page 8
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354BRIGHT SPOTS IN THE NEWS Dominion, Volume 25, Issue 259, 28 July 1932, Page 8
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