COMMERCIAL

Greymouth Evening Star, 12 February 1940, Page 5

COMMERCIAL

H -■-■ . . : ■ ’ ‘ ■- ; • AUCKLAND WOOL. - .U [FEB TMSS’ASSOUIATtONi] ; AUCKLAND ■’ February it ( .‘VVoolgroyfers/throughout the-' Auckland’Province in the distri•b'tffioh- of .mOT’e ( than £361,000 'tb-mbr-row; the prompt/date 7 for? the third appraisal in Auckland of .wool under the British’’ Government’s waT-time purchase/., The/appraisal/- comprised 2ij2o() bales... Further supplies of .wool are’ still’-‘coining in ■to stores,. although the'. rate has?rslackened' ... somewhat. TenlatlyS!dates .havej been/fi.xe-'d' for two^mbre^ap^raisals’ befbre /; the' end of they&e.asph;. • . With?: the’ present/cheque,, the,’ total distribution this'..season, will he approxirpately £l/063,0'00/ This is slightly '.above'. the ’ figure, for the whole I 'of ,tl(e’ 193§-39 : ' seaAbn', when was- ■; distributed’; With' two appraisals' still to be/held, it/.is clehr-/tHaK-'the tbial 'cheque will be ,a large icne ( which-/will bear’ comparison/ with the jecorfl ■ realisation of £1,528,5’45 in : 1936W POST-WAR TRADE. : y, LONDON; February 10. ; Official.'circles are Jnclined.tb'resent inquiries-’about preparations’ for' the immediate post-war period; but the f‘Ecdridmist’\ says it by- no means futile' tb : 100k 7 ahead;' The joitrnal asks:. j‘How is Britain’s trade likely to fare? It is’ prbb'able that .primary-, products will continue to fall in price’ in’terms of manufactures,/ bu.t the: extent of the relative fall is,likely to,be smaller thbof’-in the last 1 20 years. There is unlikely to be’ a' return, to the comparatively, free trade obtaining before 1914.” Hbtwfev’eri the Italian and German policies of extreme; national'self-sufficien-cy .are likely to be modified. The growth- of’ m'aiiufacturing industries’ in the- primary producing-’ countries-' Will continue/after the war,: but a rise in the. staridard’of living'is like-ty to lead to expansion rather than’ contraction' of -their foreign trade.” i STOCKS AND SHARES. i CHRISTCHURCH, Feb. 12. '! Slales: Goldsbrough Mort 30/5, 30/3, :New Zealand Refrigerating (contra.) .3/3. Reported: Broken/Hill Pty. 54/3, Broken Hill South 32/6. WELLINGTON, Feb. 12. Sales reported: Woolworth Limited 25/3, Mount Morgan 10/-. COMPANY DIVIDENDS WELLINGTON, Feb. 12. Cabled ■'advice was received that the Capel Court Investment Company recommended. a dividend of three per ’cent;, payable on March,ll; Tire. Huine, Pij3e./Company (Austi-a, lia) • isSpaying' on.‘ March 13 an interiffi /dividend, for the half year ended De'cemb.er, 3§ ; per cent.' .on- , preference, three per cent, on ordinary shares/ •' BLACKBALL .CREEK. .The Blackball Creek dredge last Week’secured .a return of 550 z of gold from/ 9000* yards of materia 1 in 120 hours'’ dredging time. WORKSOP EXTENDED. Return-for poredi The Worksop Extended return for period ending February 9 was 32 ozs, -145 hours, 10,900 yards. i . MAORI GOLD < ’ The dredge at Callaghan’s recently .completed - for Maori Gold, Limited, ■was' given a preliminary run on Saturday and functioned satisfactorily. Ahy adjustments found to be necessary' as a reSult of the trial runs, now: to take place, -will be made this .-week, and-it is expected that regular dredging ’ operations -will be commenced on Monday -next.. The first wash■up.'will probably take place about the end of the month.