COMMERCIAL

Greymouth Evening Star, 29 May 1937, Page 14

COMMERCIAL

GRAIN AND PRODUCE. [per press association.] CHRISTCHURCH, May 28.‘ The following are the prices quoted to farmers, on trucks, at country sidings, unless otherwise indicated:-— Wheat —Milling, May f.0.b., Tuscan 5/2, Hunters 5/4, Pearl 5/6. Fowl wheat, prompt, to 5/1 f.o.b. Oats—A Gartons, to 3/5; B Gartons, 3/2; Algerians, to 2/10; Duns, 2/9 to

/ Ryegrass—Perennial, 2/6 to 3/-; Italian, 2/6 to 2/9. Cocksfoot —Plain, 7d to Sd; Akaroa, 6d to 9d per lb. Cowgrass —6d to 7Jd per lb. White Clover—To IOJcL Chaff—To £-3/17/6 a ton. Barley—Feed, 4/- a bushel. . Partridge Peas —4/9 to 5/- a bushel. Potatoes —£5/15/- to £6 a ton. Bran —Large, £4/15/-; small, £5/5/-. Pollard —Large, £6/5/- a ton, small, £6/15/-. GOLD AND EXCHANGE.

LONDON. May 28. Gold 140/6. dollar 498 1-8, franc 110 11-16. V

BREWERY DEAL

WELLINGTON, May 28.

An extraordinary general meeting of the shareholders of J. Staples and Company, Ltd., of Wellington, was held to-day to consider the action of the directors in giving To New Zealand Breweries, Ltd., an option to purchase the company’s interests in licensed properties. The meeting passed a resolution ratifying the action of the directors in giving the option. Terms of the sale are that New Zealand Breweries, Ltd., will pay £496,000 in cash for Staples’ hotel assets and £32,000 for furniture, making a total of £528,000. In addition, the holding of 76,000 shares in New Zealand Breweries by Staples and Co., will be distributed pro rata to Staples’ shareholders. STOCKS AND SHARES. WELLINGTON, May 29. Sale: Consol Brick 8/3. DUNEDIN, May 29. Sales: Dunlop Perdriau Rubber £l/1/4, Martha IG/8. Wright Stephenson (pref.) £l/1/-. AUCKLAND, May 19. '

Sales: Final call for week—Taranaki Oil 3/7, Commercial Bank 19/2, Ak. Gas 21/9, Ch. Ch. Gas 26/9, Dominion Breweries 44/6. mining”returns NEW RIVER. The return of the New River Gold' Dredging Company tor the week ended on Thursday was 450 z from 10,000 yards treated in 104 hours. MAORI GULLY. The Maori Gully dredge return was 41oz Sdwt retorted gold for 126 hours. ARGO DREDGE. Argo dredge return is 87 ounces for ,129 hours, and 12,500 yards. ADDISON’S FLAT. WESTPORT, May 29.

Addison’s Flat return for the period ended May 26 was 340 z gold for 36 shifts.

GILLESPIE’S

DUNEDIN. May 29. Gillespie’s requrn,: sSoz for 120 hours.

BIG RIVER GOLD MINES

Report for the period ending May 25, 1937: No. 5 north centre stope— Am now carrying along the second stope where the stone is not so regular as in the previous stope, occurring more in short blocks joined with small seams. No. 5 south rise: This has been timbered up to bottom of the winze and an intermediate drive has been started, where at 7 feet in there is one foot of stone showing in the hanging wall side of the drive. No. 5 level: Have started a stope in the north end of the south block where six feet of stone is showing in the face. Seventy-two and a-half tons of stone were delivered to the surface bins.