COMMERCIAL

Greymouth Evening Star, 17 August 1935, Page 8

COMMERCIAL

GRAIN AND PRODUCE. [PEB PBESS ASSOCIATION.] CHRISTCHURCH, August 16. The week, like all Grand National weeks, has been exceptionally quiet in the grain and produce markets. and little business has passed. Potatoes, which continue to absorb most interest, have remained very much as they were at the eiyl of last week, and prices have altered hardly at all. The Wingatui got away for the North with a total of 8,048 sacks, 2,548 from Timaru and 5,500 from Lyttelton. The shipment was not expected to be nearly as heavy from h§re as it was thought shipments haye been substantial far a month, There appears to be no serious weakness in the Auckland market, buyers there preferring to shift potatoes as they come, rather than buy forward. The late season in the North has undoubtedly helped locally. There has been very little activity, partly because of holidays and partlv also because the market' keeps exceedingly quiet. Practically no whites are being offered, and very few Dakotas, in which the main interest of the trade seems to centre. The rest of the markets, though still quiet, have shown slight signs of reviving activity. Odd lines of oats are moving out at unchanged prices. Odd small parcels of seeds are being sold to retail trade, but there has as yet been little disposition on the part of buyers to come into the market in any strength. The late season in the North is making itself felt. It is usual at this time of the year to find keen interest in seeds, but so far interest has not materialised. BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Co., Ltd., from their London office, dated August -16:— Butter: Market slow. Danish 89/to 90/-, New Zealand finest 94/- to 94/6, Australian finest unsalted 98/-, malted 93/- to 94/-, G.A.Q. 89/- to 91/-. Cheese: Market steady. New Zealand white 48/- to 48/6, coloured 47/to 47/6; Canadian white and coloured 50/- to 64/-, c'i.f. 49/-. to 50/-.

WELLINGTON. August 17

Dairy produce prices have been fixed on the basis of: —Putter IOSd, cheese sd, equivalent to 87/3 and 44/- c.i.f.e. GOLD AND EXCHANGE. LONDON. August 16. Gold, 140/2J, dollar 497.11/16 franc 75. STOCKS AND SHARES. DUNEDIN, August 17. Sales: Woolworths (Syd.) £5/17/6; reported. Union Steam (pref.) £l/7/6, Consolidated Brick 11/7. WELLINGTON, August 17. Sale: Skippers 3Jd. MAORI GULLY. Dredging operations were resunied this morning. The delay was caused partly by floods in the creek, and Partly by a break in the high-tension power line. WORKSOP EXTENDED. REEFTON, August 1?. Worksop Extended return: 63 ozs. for 125 hours, 8,500 yards. GOLDEN SANDS, LIMITED. The wash-up was 47 ounces 11 dwts. for 32 shifts of 8 hours. * COMPANY REGISTRATION Nemona Gold Dredging Co.. Ltd., regd. July 29; capital; £IS.OOO in 3G0.000 shares of 1/- each. Subscribers: Greymouth—P. C. Heaphy 5000. W. Meldrum 4000, E. Warnes 5000 W. Hill 4000, J. F. C. Moore 1000, H. G, Dixon 4000. Wellington—G. B. Bradshaw 3000. Objects: Goldmining and incidental.

Newman Bros. (North Island) Ltd., regd. as a private company August 7. Office: Hardy Street, Nelson. Capital: £6OOO into 6000 ord. shares of £1 each. Subscribers: Newman Bros. Ltd. 4000. Napier—Hawke’s Bay Motor Co. Ltd. 2000. Objects: To purchase take over and acquire the goodwill and license of the Napier-Wellington and NapierPalmerston North service car routes owned by Napier Owner-Drivers Ltd., to carry on business of motor service proprietors, and incidental.