COMMERCIAL

Greymouth Evening Star, 14 December 1935, Page 12

COMMERCIAL

GRAIN AND PRODUCE. [PER PRESS ASSOCIATION.] CHRISTCHURCH, December 13. The grain and produce markets remain quiet, with only interest still in fowl wheat. It is now generally believed that there will be no importations of fowl wheat from Australia to the Soqth Island, as there are sufficient stocks to carry on with till the Marlborough crop comes in, probably tho second week in January. Supplies here are firmly held', and though the price remains at 4/10 f.0.b., it is not unlikely that there will be some move next week. The Canterbury crops are looking exceptionally well, and unless there is a bad break in the weather between now and harvest, the yield should be somewhere near a record. Australian supplies are filling: the need of the Auckland market for oats and trade here is very quiet. Prices are inclined to ease. It is expected that some of the crop will be ready between Christmas and the New Year. Chaff, like oats, is inclined to ease, mainly owing to the great abundance of feed at present in the country. The potato crop is looking'particularly well, though some growers .have, had to sow their areas again. There is little local interest’in thfe new crop. North Islahd inquiries havez,been. received' at the equivalent of £3/5/-on trucks, but neither merchants nor farmers are disposed to trade at that price. GOLD AND EXCHANGE.

LONDON, December 13. Gold 141/1, dollar 492 7-8, franc 74 9-16. ' GOLDFIELDS DREDGING. , DUNEDIN, December 14. Goldfields dredging:—2sozs. 7dwts. for one week, , DUNEDIN, December 14. Sales reported: New Zealand Paper Mills £l/8/6, Broken Hill South £2 10/-, Molyneux River 2/4, Unlisted: — Wool worth’s (Sydney) £5/18/3. After call: Electrolytic Zinc (ord.) £l/15/-. MAORI GULLY. Maori Gully return was: 50ozs. 9dwts. for 124 hours. BLACKWATER CREEK CO. The Blackwater Creek Sluicing Company’s latest return was 30 ozs of gold for 25 shifts. KING SOLOMON MINE INVERCARGILL, December 13. The return at the King Solomon mine this week was 105 ounces 8 dwts. BIG RIVER GOLD MINES Report for week ending December 12: —South Stope: There is no change in this stope. North Winze: Sunk 3 feet; total 53 feet 6 inches. Winze still carrying the same width of stone. North Stope: There is a development of importance at the north end of this level. Stone eight feet wide showing gold has been met with. Crosscut north of Old workings: Driven 6 feet; total 37 feet. A track 1 foot wide carrying a little stone was cut. Shaft: This job is progressing satisfactorily. Battery: 45 tons stone sent to battery.