COMMERCIAL

Greymouth Evening Star, 9 July 1932, Page 8

COMMERCIAL

GRAIN AND PRODUCE. [PER PRESS ASSOCIATION.] CHRISTCHURCH, July 8. Potatoes have monopolised nearly all the interest in the last few days. The market is apparently firm, and inquiries from Auckland are coming forward steadily, but are not leading to very much business. It is suggested that a good , few July potatoes are being held and until the decks are cleared in Auckland, this factor will influence the curtailment for the time being of orders. Just at the moment there is some sensitiveness in the market, but prices are unchanged. Prompt and July delivery are quoted at £6 5/f.0.b., s.i., August £6 15/-, and AugustSeptember £7. Prices to farmers are £5 on trucks for the average station but only small lots are coming from them. The Waipiata Ys now loading at southern ports and is due here about mid-week. . Fowl wheat shows only minor alteration. Quotations are 4/BSd to 4/9 f.0.b., s.i. There is practically no inquiry for oats and chaff, and small seeds are not mentioned. With the approach of Spring the revival of the enquiry in the seeds section is probable. It has been a particularly bad season in this section. , KAWARAU DAM.

WELLINGTON, July 8. Permission has been given by Mr MacMillan, Acting Minister of Public Works, to the gold mining company at Kawarau, to close the gates of the dam at the outlet of Lake Wakatipu. “I have given my consent,” said the Minister, “with proviso that the period during which gates of the dam are to remain continually closed does not exceed one week, at any one time. If a longer period is desired by the Company to enable investigations and repairs to be completed, further consideration of position will be given by the Control Board, which will report to me.” DUNEDIN, July 9. At 6 o’clock to-night the sluice gates of the Kawarau darn will be dropped for one week, and mining operations will be underaken between Cromwell and Beaumont. The Minister has consented to the closing, mainly in the interests of , the unemployed, and it is expected that several hundreds will participate. FIJI BANANAS. ~ SUVA, July 8. At a meeting of Fiji banana shippers and producers hero this afternoon, Mr. Barnes, the,: Director of Agriculture, announced that the export of bananas to New Zealand would be restricted to 12,000 cases monthly from Tonga and Fiji, the latter’s proportion being 8000 cases. The shippers vigorously protested, stating that all of the Fiji bananas would bo consigned to Auckland, unless a special license were obtained from tho Governor, the southern New Zealand ports being supplied from Samoa and Tonga.

STOCKS AND SHARES. > AUCKLAND, July 9. Sales: Standard Insurance 40/-, Bank of New Zealand 43/10, inscribed 5.1 (1933) £lOO/15/-. BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Co., Ltd., from their London office, dated July 8:— Butter: Market firm but less active. Danish 102/- to 104/-, New Zealand finest 99/- to 102/-, Australian finest un.salted 08/- to 102/-, Australian salted 97/- to 99/-, G.A.Q. 92/- to 95/-. Cheese: Market quiet. New Zealand ro/ lto n ~ . to C0 ' / -’ coloui ’ed 58/- to -M/-, Canadian white and coloured 57/to 59/-, c.i.f. 58/- to GO/-. ADDINGTON MARKET. Sales on behalf of West Coast clients at the Addington market this wook included:— Fat Cattle: T. F. Brown (Ahaura.) six steers £4/12/6 to £6/17/6.