COMMERCIAL

Greymouth Evening Star, 11 March 1939, Page 8

COMMERCIAL

grain and PRODUCE. [her press ASSOCIATION.] (’HiIISTC'H UI’GII, March 10. Tim lull., winr, are lhe prices ipiuieU to ihrmers on trucks at country sid Ings' unless otherwise indicated:Wheat — Milling, i’.o.b.. Tuscan .»/(». Hunters 5/8, Pearl 5/10. (Final payment of 3d a bushel on till wheat at the end of year). Dais —A Gartons 2/6. 13 Gartons m'L Algerians up to 2/10. Ryegrass (good germination} Pet ennial up to 4/6 (nominal). Italian up to 3/- (nominal). While Clover —lOd to 1/1 per lb. Red Clover—fid to Cid per lb Cocksfoot (plains and Peninsula) 61-d to 7d per lb. Cowgrass (old season s)—4d to (al. Potatoes— May, June, July deliveiy .£6/10/- to .£7/10/- a ton. Barley—Malting 4/71, feed •>/- d bushel. ~ nc/r/ Bran-Large £4/15/-, small £5/5/Pollard —Large £6/5/- a ton, smal £6/15/-. BOND'S HOSIERY MILLS

WELLINGTON, March 10. In their report to be presented at the annual meeting on March 24. tthe directors of Bond’s Hosiery Mills (N Z ) Ltd., state that, the usual conservative policv has been followed m the valuing of the company’s assets. As Hie result of better equipment both in manufacturing facilities and the selling organisation. Hie year resol - ed in an increased turnover and trading results. After the payment ol last year’s dividend there remained a balance at the credit of the profit and loss appropriation account of £1.610. to which has been added a net profit for the year of £4,264, making a total credit of £5,874. The directors recommend payment of a. dividend of 7i per cent., amounting to £3.750. and carrying forward £ 2,124. “The last year,’’ states the report, “was again a year of rising costs, but again these have been overtaken by increased output, more efficient manufacture and processing, and by increased sales. Success in the current year must depend on increased efficiency in manufacture and distribution. ’To this end further necessary additions to our plant are in hand. The dividend last year was at the rate of six per cent., and that tor the previous 12 months five per cent. STOCKS AND SHARES WELLINGTON, March 11. Sales: Woolworths Ltd. ordinary 23/-, Bank of New South Wales £3O. Unofficial list: 'Woolworths Properties 26/1. Sales reported: Four per cent, stock 1949-52 £99/12/6 (3), Commercial Bank 16/6, Bank of New Zealand 38/9, G. J. Coles 79/6. LONDON, March 10. Clutha, buyers 1/11, sellers 1/41. ; Molyneaux, buyers 3d, sellers 6d.

GOLD-MINING RETURNS WHITE’S ELECTRIC. The return of White’s Electric Company’s dredge during the week ended March 9 was 270 z. from 6000 yards treated in 124 hours’ dredging time. NEMONA. The Nemona dredge return this week was 41ozs from 15,400 yards of material, secured in 202 hours. WORKSOP EXTENDED. The Worksop Extended dredge recommenced' operations only on Tuesday last, and consequently, there was no wash-up this week. BUNDI. To March 8. the Bundi Tin Dredging Company’s dredge worked 88 hours, treating 7954 cubic yards, for a recovery of 57ozs 6dwts 14 grs smelted gold. BLACKBALL CREEK. The return from the Blackball Creek dredge was GOoz.. for 120 hours. BIG RIVER MINES The report of the Big River Gold Mines for the. week ended March 9, is as follows: —No. 5 level: North stope: Stone 6ft wide. Good grade. N. stope: south end: Stone sft wide. Winze: Sunk 4ft, total 39ft. The stone appeal's to have pinched out. Track still in face. No. 6 level: Crosscut advanced to 76 feet. Country fairly soft and favourable. Sinking on stone at 250 ft. Sunk 4ft. Stone 2ft 6in wide and good grade. Battery: 47 tons of stone sent to battery.