COMMERCIAL

Greymouth Evening Star, 5 June 1934, Page 9

COMMERCIAL

STOCKS AND SHARES

DUNEDIN, June 5

Sales reported late Saturday: New Zealand Breweries 44/6, New Zealand Paper Mills 29/6, Brian Born 1/7. WELLINGTON, June 5. Sale: Skippers 1/1. CHRISTCHURCH. June 5.

Sales: N.Z. Refrigerating (10/- paid) 8/11 (3), New Zealand Breweries (cum. div.) 44/8 (6), Beath and Co., (1/- paid) 8/3, Dominion Builders’ Supplies 5/-, Dunlop Rubber 18/5, Gillespies Beach 1/9. King Solomon 3/8 (3), Maerewhenua Sid, Mahakipawa 9d, New Cornish Point (1/- paid) lid; Rawang Tin 8/9, Skippers 1/1 (4). Reported: Mt. Lyell 21/4, New Zealand Breweries (late sale 2nd) (cum. div.) 45/-, N.Z. Refrig. (10/- paid) 9/-; E.S. and A. Bank £5/6/-, Bank of New South Wales £32/7/6. AUCKLAND, June 5.

Sales: Westport-Stockton 2/6; Taupiri 13/3; Milne Choyce deb. 18/6; Farmers’ Fertiliser 19/11; New Zealand Inscr. 63/9; Farmers’ Auct. SO/-; Bank Asia. £ll/15/-; Bank of New Zealand 52/3; Mahakipawa Bd.

MINING RETURNS DUNEDIN, June 5. Okarito Return: 25 ozs. 12 dwts for 120 hours’ dredging. Gillespies Beach return: 32 ozs. 13 dwts. for 126 hours. WESTPORT, June 4. For the fortnight ended June 2 the returns of the Charleston Sluicing Co. were 12 ozs 12 dwts. 12 grs. for 17 shifts. Nine thousand yards of material were worked. MAORI GULLY COMPANY. About thirty shareholders attended a statutory meeting of the Maori Gully (Kokiri) Gold-djredging Company, held at Greymouth last evening, with Mr H. A. Martin (chairman of the provisional directorate) presiding. The statement presented by the provisional directors showed that the company was registered on October 27, 1933, and that a contract has been entered into with Mr W. G. McKay for the construction of the dredge, all parts of which will be new, the steel parts being secured from Hadfield’s. England. The capacity of the dredge will be 50,000 cubic yards per month, while the contract for the dredge provides for it being taken over as a completed unit, and not then until it has completed a period of successful running.

The three retiring provisional directors, Messrs AV. Hill, W r . Gittos, and F. Beck, were re-elected’, unopposed. At a subsequent meeting of the directors, Mr J. Martin Bunt was appointed Chairman of Directors, and Mr Raymond Bunt was appointed as secretary.