COMMERCIAL

Greymouth Evening Star, 11 August 1936, Page 8

COMMERCIAL

EXPORTS TO JAPAN

[FEB PBESB ASSOCIATION.]

WELLINGTON, August 10. The Minister for Customs, the Hon. W. Nash, has issued the following statement, under an ordinance promulgatd by Japan on June 25, and' which is to operate for one year: “The importation into Japan from Australia of wheat, wheat flour, and wool, including waste or old wool, is prohibited, while a. surtax of 50 per cent, nd valorem is applied to beef, butter, condensed milk, hides and skins, beef tallow, and casein of Australian origin. The ordinance further provides that any person in Japan who imports any goods of the classes mentioned above, shall produce a certificate of the origin of such goods except when they are imported by mail or when their cost does not exceed 100 yen. The certificate must designate the marks, names, number, and quantity of the articles and also the locality where they were produced or manufactured, and it must be attested by an Imperial consulate or, in places where there is no Imperial consulate, by a Customhouse or other Government office or the Chamber of Commerce and Industry existing in the place where the goods were produced, manufactured, purchased, or shipped. In order to avoid any difficulties • arising in connection with shipments to Japan of goods of the classes referred to, exporters are novised to arrange for certificates of origin to accompany the documents relating to goods. Collectors of Customs at ports throughout New Zealand will attest such certificates if requested to do so.”

BUTTER CHEAPER.

WELLINGTON, August 10

The wholesale price of butter was reduced in Wellington to-day by twopence, following the announcement of the guaranteed price for butterfat. The new price is 1/21 per lb., and subject to a discount of Id. GOLD AND EXCHANGE. LONDON. August 10. Gold 138/5?., dollar 502 5-8, franc 76 5-16. STOCKS AND SHARES. DUNEDIN. August 11. Sales reported: Union Bank £9/8./-, Waipapa Beach 91d. CHRISTCHURCH, August 11. To-day is a Stock Exchange holiday. AUCKLAND, August 11.

Sales, combined calls: Grand Junction 3/7, Traders’ Finance 13/6, Mt. Morgan 14/-, Commercial Bank 18/-, British Tobacco 39/9, Broken Hill con. 53/-, National Bank 63/-, Coles 79/6, Woolworth’s (Westralia) £5 16/6, New Zealand Newspapers 40/6, Brick (Auckland) 71 per cent. £lO2, Government stock 46/49 £lO5/10/-. WELLINGTON, August 11.

Sales: Bank of New Zealand £2, Dominion Fertilisers £ 1/19/9, Dominion Breweries 30/-, Broken Hill con. 54/1, Electro Zinc ord. 41/7.

MATAKI.

AUCKLAND, August 10.

The Mataki return for the week ended August 9 was 34 ounces for 136 hours’ work and 8800 yards dredged.

PADDY’S POINT.

DUNEDIN, August 10. Paddy’s Point wash-up for 15 days was 31oz. Bdwt.