COMMERCIAL

Greymouth Evening Star, 28 October 1933, Page 8

COMMERCIAL

GRAIN AND PRODUCE [per press association.] CHRISTCHURCH, October 27. The conference of grain merchants in Wellington, this week, interrupted business to some extent. Markets have remained firm and there is a continuance of export of small seeds. An estimate of the quantity of ryegrass shipped so far this season, is 800 tons. This will make a good clearance of supplies before next season’s crop comes on the market, and this at present does not look as if it will be heavy. Ordinary quality seed is quoted up to 2/6 bushel; good clean 2/9. Cocksfoot is worth 6d a lb., and 5d for Plains’. Cowgrass 8d to 9d. and white clover lOd to 12d. So far there has been no report of" these products. A slightly better demand has come from abroad for dogstail -which is quoted at 8d lb. Chewings fescue has been sold for export at 5d lb. Small lots of potatoes, mostly Dakotas, are going to Wellington, but as Auckland new potatoes are arriving in larger quantities, the season for old potatoes is not likely to continue much longer. BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Co., Ltd., from their London office, dated October 27: — Butter: Market weak. Danish 116/to 118/-, New Zealand' finest 90/- to 97/-, Australian finest unsalted 100/to 106/-, isalted 90/- to 95/-, G.A.Q. 89/- to 91/-. Cheese: Market slow. New Zealand white 48/-, coloured 46/- to 47/-; Canadian white and coloured 51/- to 53/-.

STOCKS AND SHARES.

WELLINGTON, October 28. Sale: Commercial Bank 17/-. DUNEDIN, October 28. Sales reported: N.Z. Refrigerating 9/6 (late yesterday). South Otago Freezing £5. After call: Paddy’s Point 5/4. BRUCE WOOLLEN CO. DUNEDIN, October 26. Although the year has been most difficult, the directors of the Bruce Woollen Manufacturing Company report still further progress, as disclosed by an increase in the net profit for the year to £9486/13/1. After writing off £4OOO for depreciation on plant and buildings, the balance, ■ including £542 carried forward from last year, amounts to £6029, from which directors recommend a dividend on Preference capital amounting to £2BOO, also a dividend of 2J per cent on Ordinary capital, amounting to £2500, the balance of £729 to be carried forward.

COMPANIES REGISTERED. Moonlight Goldfields Co., Ltd. Regd. Oct. 18, 1933. Office: 155 Hereford St., Chch. Capital: £35,000 into 700,000 shares of 1/- each. Subscribers: J. O. S. Wallace 200, S. T. Peters 2000, G. S. Jonathan 2000, P. W. Fryer 24,000, J. E. Forbes 5000, H. H. Cook 5,000, R. A. Young 200. Objects: Mining and incidental. Glenroy Gold Ltd. Regd. Oct. 19, 1933. Office: 213 Manchester Street, Chch. Capital: £16,000 into 320,000 shares of 1/- each. Subscribers: S. G. Holland 2000, G. H. Wood 4000, J. W. Stewart 4000, H. L. Wiggins 4000, J. R. Mcllraith 4000, J. Mclntyre Stewart (Dunedin) 4000. Objects: Mining and incidental.