COMMERCIAL
STOCKS AND SHARES Sales reported: Ashburton Electric Power Board 4] per cent. 19/6/49 £lO6, Broken Hill Pty. 45/9 (2), Broken Hill Pty. 45/6, 45/9. CLUTHA. The Clutha River dredge at Alexandra reports a return to November 15 of 112 ounces for 118 hours’ work. GILLESPIES. Gillespie’s Beach reports a wash-up for the week ended November 16 of 25 ounces for 135 hours and 16,400 yards. GROCERS’ UNITED STORES. The annual meeting of Grocers’ United Stores, Ltd., (G.U.S. Stores), was held last week. Mr. Guy Struthers presided. Despite increases in taxation and general expenses the previous rate of net profit had been maintained. Sales for the year showed an increase of 10.36 per cent.
Membership was reported to be 107, operating 122 stores throughout Canterbury, South Canterbury, the West Coast, Nelson, and Marlborough. Returns showed the annual retail turnover of the company’s stores at more than £1,500,000.
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Bibliographic details
Greymouth Evening Star, 19 November 1940, Page 9
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147COMMERCIAL Greymouth Evening Star, 19 November 1940, Page 9
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