COMMERCIAL
SUGAR SHORTAGE
[BY CABLE —PRESS ASSN. COPYRIGHT.]
LONDON, May 12
Tin- Sugar Council unanimously agreed to the recommendations dealing wit li the prospective shortage, which were cabled to all members who have live days in which to reply. A final decision cannot be expected before May 20.
BOARD OF TRADE RETURNS
LONDON, May 14
The Board of Trade returns for April are as follow: —Imports £70,084,000, exports £35,148,000, re-exports £4,579,000. Principal increases, compared with April last year, arc as follow: Imports, fresh fruit and vegetables £498.000, other food £73(1,000. | other textile materials £505,000. Decreases. imports, grain and flour £1.484.000. dairy produce £1,053,000. iron ore scrap £499,000. cotton raw waste £485.000, non-ferrous metals manufactures £032,000, oils and iats £559,000. Exports, iron and steel manufactures £753,00, machinery £709,000. STOCKS AND SHARES. WELLINGTON, May 15. Sales- Bank of Australasia £9/15/0, Union Bank £B/1/-. Sales reported: Coles £4/0/-, Woolworth’s Ltd. (ord.) 23/10. CHRISTCHURCH, May 15. Sales: Govt. Stock 1949 £9B/10/-. N.Z. Refrig. 15/0, Taranaki 0/0. Reported: New Zealand Farmers’ Co-op. 4?, per cent. 1955 £BO/15/-. SILKNIT, LTD. AUCKLAND, May 15. The accounts of Silknit, Ltd.. Auckland. manufacturers, ■with a paid-up capital of £50,000, show a loss lot the year ended December 31 last of £37,000. MINING. BLACKBALL CREEK. The Blackball Creek dredge return last week was 02ozs. The dredge lias now moved across to the south Aide of Blackball Creek. ARGO. The Argo dredge wash-up last week' realised 41ozs from 7000 yards oi material in 123 hours. ALEXANDER MINES. The mine report for the -week ended May 11 states:—No. ’(> rise has advanced 13 feet during the week, making a total distance of 34 feet above the level. The width of the reef is 36 inches of high value. The dip remains the same as last week. Stoping was carried out on the' first, second, and fourth stopes (north end), with the average width of stone on these faces 36 inches. During the week 60 tons of ore rvere sent, to the battery.
CLUTHA RIVER SHARES. ‘
LONDON, May 12. Quotations for Clutha River Gold Dredging Company .shares are:—
Buyers 1/-, sellers 1/6; Molyneux River Company, buyers 3d, sellers 4Ad.
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Bibliographic details
Greymouth Evening Star, 15 May 1939, Page 8
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355COMMERCIAL Greymouth Evening Star, 15 May 1939, Page 8
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