COMMERCIAL

Evening Post, Volume CXXI, Issue 130, 3 June 1936, Page 4

COMMERCIAL

! MINING NEWS I AUSTRAL MALAY INTERESTS Mr. Harold Huntsman, deputy chairman of Austral Malay Tin, Ltd., Malaya, informed shareholders that a dredging area in New Zealand had been proved, and a company would shortlv be floated to mine it. It was also intended that the new company would take over and operate any other areas which they might discover in New Zealand, instead of floating a new company to operate each new property, as had been their practice with tin mines. Austral Malay would have a holding in the new company and shareholders in Austral Malay would be given the right to subscribe a large part of the present capital issue. A number of other properties in New ! Zealand was undergoing investigation. The terms of flotation of the new company would enable Austral Malay to wipe out a large proportion of the prospecting account standing ,in the balance-sheet at £29,983. The company's extensive prospecting in Australia so far had not provided a payable area, but the campaign was continuing. SKIPPERS, LIMITED. The secretary of Skippers, Limited, reports that advice has been received from the mine to the effect that a further partial wash-up took place on; June 1 which produced 1940z 4dwt of gold.' This is the result of 12 shifts' sluicing and represents an area of 230 square yards of bottom. Work is progressing on the paddock and good gold is still showing, and it is hoped that it may be possible to have another wash-up from the same paddock before the severe frosts set in. With the aforesaid wash-up the total amount of gold produced by this paddock so far is approximately 342 ounces. The directors consider that sufficient capital is now available to complete the hydroelectric scheme, on which work is now in full progress. MATAKI. Mataki, Murchison reports:—Last week the dredge worked on a face of 420 ft in an average depth of 15ft, the yardage lifted being 10,377. The dredge had a good run, but on Thursday the bottom started to rise, and by the end of the week, for a distance of 50ft in the tiank, we were again lifting 3ft of pug. FRUIT AND VEGETABLES. Laery and Co., Ltd., Geo. Thomas and Co., Ltd., Thompson Bros., Ltd., Townsend and Paul, Ltd., W. Burbidge and Co., Ltd., and D. Bowie and Co., Ltd., report local values of fruit and vegetables as follows:—

Apples, choice, Cox's Orange 3s 6d to 9s per bushel case, cookers 2s 6d to 4s, Jonathans 2s 6d to 4s, Ballarats 4s to 5,5, Delicious 4s to 6s, Granny Smith 4s to 7s, Sturmers 2s 6d to 6s 6d; pears, choice, cookers 3s 6d to 6s per three-quarter case, Winter Coles 6s to 9s, Winter Nelis 5s to 7s, Keiffers 5s to 7s, P. Barry 5s to 7s; Poorman oranges, choice, 8s to 10s per bushel; passion fruit, choice, 16s to 19s 6d per box; tomatoes, choice, hothouse, lOd to Is 2d per pound; grapes, choice, hothouse, 2s 4d to 2s lOd per pound; tree tomatoes, choice, 5s to 6s 6d per half-case; lemons, choice, cured, 10s to 12s per bushel case; others, 6s to 8s; beans, French H.H., Is to Is 2d per pound; potatoes, choice, 6s to 8s per cwt; kumeras, choice, large, 4s to 6s per bag; others 2s to 3s; celery, choice, 7s to 13s'per case; cauliflowers, choice, 10s to 16s per sack; cabbage, choice, 7s to 10s Tid per sack; sprouts, choice. 8s to 10s per sugar bag; lettuce, choice, 4s to 6s 6d per case; others, Is 6d to 3s; spinach, choice, 4s to 7s 6d per case; others, Is to 3s; swedes, choice, Is 6d to 3s 4d per case; pumpkins, choice, 2s to 4s per sack; parsnips, choice, 2s to 2s 6d per case; carrots, choice, Is 6d to 4s 3d per case; beetroot, choice, 2s to 6s per case; leeks, choice, 3d to fid per bunch; rhubarb, choice, 4s to 8s per dozen bunches; onions, choice, 6s 6d to 8s per cental bag. Eggs, fresh, hen's, 2s 6d per dozen; medium, 2s 4d; preserved, Is 5d to Is 6d. Walnuts, choice, 4d to 6d per pound. i

Market Gardeners, Ltd., of .Wellington, announce values of fruit and vegetables sold at yesterday's sales:—Fruit: Apples, Jonathans 3s to 4s per case; Delicious, 4s to 6s, Ballarats 4s 6d to 6s, Granny Smith 5s to Bs, Cox's Orange (small) 3s 6d to ss, Dunns 3s to 4s, Sturmers 3s to 4s 6d; passion fruit, 12s to 14s 9d; tree tomatoes, 6s to 6s 6d, Winter Cole pears, 7s to lis 6d, Keiffer pears 5s 3d to 7s; tomatoes, 9s to 15s. Vegetables: Lettuce, 2s to 3s per case; cauliflowers, 2s 6d to 4s 3d; parsnips, 3s; cabbage, 4s; silver 'beet, Is 6d to 2s; spinach, 7s to 9s 9d; carrots, 2s to 4s; marrows, Is; swedes, 9d to 3s 6d; pumpkins, 3s to 4s 6d per sack; artichokes, Cs 3d; cauliflowers, 10s to 14s; cabbage, lis to 12s; potatoes, £8 to £8 10s per ton; onions, 6s to 7s 6d per cental bag; french beans, Is to Is 7d per pound; beetroot, 3s to 6s per dozen bunches; leeks, 6s to 8s; parsnips, 3s to 4s; carrots, 2s to 3s; turnips, 2s; rhubarb, 8s to 9s.

[ DOMINION SCREENS' YEAR. The first accounts of Dominion Screens, Ltd., Auckland, show a net profit of £10,276 for the year ended March 31. Reserve for income tax requires £2541; preference dvidend of 7 per cent., £1750; and dividends totailing 2s 4d a share on the ordinary shares of 2s each, £5833. The balance carried forward is £152. The company has a paid capital of £30,000 in 25,000. preference and 5000 ordinary £1 shares.