COMMERCIAL

Greymouth Evening Star, 28 February 1938, Page 8

COMMERCIAL

EXPORT BUTTER BOXES [PEB PBESS ASSOCIATION’.] WELLINGTON, February 28. The Minister of Agriculture (Mr. Martin) announced to-day that, in order that the contents might be better protected, butter for export, on and after August 1, must be packed in the substandard box The Minister said that it had been found that the Saranac box let in dirt and dust, causing loss, and was not sufficient protection against mould growth. PIG CHAMPIONSHIP WHANGAREI, February 28. So far, record entries have been received for the national bacon big championship, to be held at the Whanga.rei Show, on March 11 and 12. To date, there are 100 entries, a record for any pig section in New Zealand or Australia. Last year, there were 60 entries. PURCHASE OF FERTILISER AUCKLAND, February 28. Dairy companies and farmers’ organisations are now placed on the same basis as merchants, in the supply of fertilisers, enabling them to purchase superphosphate from manufacturers at wholesale prices, namely, £3/11/6 in the North Island and £3 15/6 in the South Island. This announcement was made to-day by Mr. Sullivan, Minister of Industries and Commerce. No reduction will be made to private purchasers, owing to the high cost, of production, due to disturbed world conditions and increased freight charges. The new price regulations, replacing those of 1936, forbid pricecutting, except in the form of a bonus or dividend in general trading profits, not arising exclusively from sales of superphosphate.

STOCKS AND- SHARES. AUCKLAND, February 28. Sales: Renown Coll. Pref. 2/5, Northern Steam Cont. 1/-, Woolworth’s: New Zealand 21/-, Sydney 26/8, South Africa 15/-: Waihi 9/8, Stock 3J per cent. 39/52 £lO2/17/6. Sales, 12.15 call: South British 46/3, Consolidated Brick 8/-, Woolworths (Sydney) 26/8 (2). 26/9. WELLINGTON, Feb. 28. There was no morning call on the Wellington Stock Exchange, this morning, on account of the death of Mr. Arthur Stephen Mac Shane, who was a member of the Stock Exchange. There were no sales at the noon call. DUNEDIN, February 28. Sales: Christchurch Gas (pd.) £1 9/-, Broken Hill Proprietary £3/1/9, Woolworth’s (Sydney) £l/7/-, £l/7/1, North Broken Hill £2/11/-, Woolworth’s (West Australia) £4/10/-. CHRISTCHURCH, February 28. Sales: Comm. Bank of Australia 16/7 (4), Dalgety and Co. £B/12/6 (2) Dunlop Rubber (cum. div.) 23/4, 23/3 (2), G. J. Coles 82/-, 82/1, 82/-, Woolworth’s Ltd. (ord.) 26/11, 26/(3) Broken Hill South (cum. div.) 33/11, Mount Morgan 9/10, Woolworth’s (S. Africa) (late sale Saturday) 15/1.

SYDNEY, February 28. .Bank of New South Wales £32/17/6. Tooheys 31/3, Tooths 56/-, Dunlop Perdriau 23/7J, Fairymead Sugar 34/9, General Industries 20/-, Goldsbrough 31/-, Meggitts 31/-. WHITE’S ELECTRIC The White’s Electric Gold Dredging Company (Barrytown), Ltd., reports a return during the week ended February 25, of 430 z in 124 hours. NEW RIVER. The New River Gold Dredging Company, Ltd., reports a return for the week ended February 24 of 20oz from 10,000 yards treated in 118 hours. ARGO The Argo dredge return last week was 470 z from 16,000 yards, in 131 hours. OKARITO. DUNEDIN, February 28. The Okarito dredge wash-up produced 260 z, for 96 hours’ dredging. GILLESPIE’S DUNEDIN, February 28. Gillespie’s report states that there was a temporary stoppage in the pow-er-house, on Friday, and the wash-up was delayed. Dredging was resumed on Saturday night.