COMMERCIAL

Greymouth Evening Star, 20 December 1934, Page 8

COMMERCIAL

ADDINGTON FAT STOCK IN DEMAND. [PER press association.] CHRISTCHURCH, December 19. At Addington market, entries were heavy to-day, on the occasion of the Christmas market. The next sale will not take place until January 3. All fat stock sold well, particularly lambs and cattle. Store Sheep: A heavier entry, on account of the effect of the dry weather on feed. Wethers eased by 1/- to 2/- a head. The best made to 16/6, ordinary 12/6 to 13/7; two-tooth halfbred ewes to 21/4; ordinary 4 and 6 tooth to 18/-. Ewes and lambs (all counted) 7/- to 10/9. Fat Lambs: 4300 penned. The schedulo for export has been improved to 7£d lb. for firsts, and other grades correspondingly, and the improved prices were maintained for the big “sntry. Good prime lambs made from 21/- to 23/6. A few pens were higher. Fat Sheep: A big entry of slightly more than 5,000. All were bought by the trade and exporters at last week’s values. Extra prime heavy wethers to 25/10, prime heavy 23/- to 24/6, prime medium weight 21/- to 22/6, light ordinary to 20/6, extra prime heavy ewes to 24/4, med. weight prime 16/- to 17/6, ordinary 14/- to 16/6, light to 13/-.

Fat Cattle: Five hundred and ten penned, of good quality. An improved sale by 15/- per head. Best beef 24/- to 26/- per 100 lbs., good 21/- to 23/6, heavy 18/6 to 20/6, ordinary 16/- to 18/-, and rough, down to 13/-. Extra prime heavy steers to £ll/2/6, prime heavy £9 to £lO, prime med. weight £B’ to £9/15/6, ordinary £4/10/- to £7/5/-, light to £2/10/-. Best heifers £5/5/- to £B/17/-, ordinary £3/5/- to £5, light to £3. Best cows £4/10/- to £7/12/6, medium £2/15/- to £4,. light to £2/10/6. Fat Pigs: A very heavy entry, and a weaker sale for porkers, for which the export demand was limited. Baconers met with a good sale. Porkers 28/6 to 40/-; average price per pound 5d to s£d. Baconers 45/6 to £3/5/6; average price per lb. 5d to 54d. Choppers 30/- to 31/3.

GOLD AND EXCHANGE. LONDON, December lfl. Gold 140/94, dollar ,494 9-16. franc 74 13-16. STOCKS AND SHARES. CHRISTCHURCH, December 20. Sales: United Building Society 21/-; Dunlop Perdriau Rubber 19/9; Sun Newspapers 2/11; Big River 1/10; Gillespies Beach 1/6; Skippers 71d; Worksop Extended (ex div.) 2/10, 2/11. Reported: Mahakipawa 84d. DUNEDIN, December 20. Sales: Waitahu 2/8. Reported: Bank of New Zealand long D 32/3, Dominion Fertiliser 21/-, Aust. Glass 62/3, Gillespies 1/6, Goldfields 9d. AUCKLAND, December 20. Sales: Big River 1/10, Grand Junction 4/8, Taupo Totara 5/-, Mt. Lyell 17/7, Taupiri 17/8., United Building 20/3, National Insurance 21/6, Wilson’s Cement 32/-, Pukemiro 25/-, Bank New Zealand 4S/10, Claude Neon Sydney 53/3, Union Bank £6/11/9, Colonial Sugar £42/10/-, City 44 £lO6/10/-, Stock 1955 £lO9/17/6. WELLINGTON, December 20. Sales: Wellington Gas £2/0/3, Rotoiti Timber 4/6.

WORKSOP DREDGE. A ballot is being taken by shareholders of this Company to decide whether the registered office should be shifted to the West Coast, or tomain in Christchurch. BRIAN BORU DREDGE. Repairs to the ladder having been effected, dredging was resumed at midnight on December 18. There will be a wash-up at the week-end, after which dredging operations will cease until after the Christmas and New Year holidays. MOONLIGHT QUARTZ FIND. It is reported that promising quartz has been located in the Moonlight district by a party of subsidised miners, comprising Messrs Fiddes and Meikle, •and the latter’s three sons. Work has been proceeding for more than a year, a drive having been put in at a site between the middle and righthand branches of Moonlight Creek. BELL HOOPER CROMWELL. Bell Hooper Cromwell report as follow for the week ending December 14: — No. 2 Mine Area. —No. 1 East Drive: This drive was advanced 8 feet, total 105 ft. cast. The face has been in bard mudstone, with gravel only showing in the top left-hand corner. To locate the channel a cross-cut to the north has been put out 20 feet. The bottom gradually fell to the floor level, but no- wash of value has been found. Starting point 100 feet east. The south cross-cut at 37 feet was advanced 13 feet, total 18 feet. Payable wash was passed through for the full distance. The blocking out cross-cut off No. la east drive was advanced 10ft. Values became poor in the last 5 feet and work here has been discontinued. A blocking out cross-cut to the north has been started, and advanced 131 feet in good gold. No. 1 east drive and tho north cross-cut at 100 feet produced no wash during the period. The return for the week was lOozs. Sdwts. 12grs. This mine, in common with other mines in the area, will close down for the holidays on Friday, Dec. 21. .

BELL-KILGOUR MINING CO. The secretary of the Bell-Kilgour Gold Mining Co., Ltd. (Mr. F. R. Thompson) advises receipt of report, from the manager, dated December 15, as follows: —Murray’s Claim: The north branch was advanced 24ft. 6in. for the period. Another old drive, evidently a cross-cut from the former one met with, was passed through. The floor is still dropping, and it appears as if the work has passed through the boulder zones first met with. Values are low. The fact that, the floor in the north branch is still dipping is an indication that better values may be I met with when the bottom levels cut. The east branch was advanced 26ft. The clay has now risen to cap level After another 20ft. of driving wifi cross out to the north, where it is re ported low ground was met with in former workings.