COMMERCIAL

Greymouth Evening Star, 25 October 1944, Page 7

COMMERCIAL

MINING Gillespie's Beach.—The annual report of Gillespie’s Beach Gold Dredging Co., Ltd., for the year ended June 30. states that a net profit of £2070 was earned, compared with £249 in the previous year. Gold export tax was £2127. During the year the dredge treated 637,850yd5. for a return of 14180z5., valued at £13,677, compared with 567,652yd5.. yielding 10700 z., valued at £10,045 for the preceding year. In July the directors inspected the claim and decided to return south and dredge the limited area of virgin ground. This area was estimated to take three or four months to work out, after which the position would have to be further considered. Slab Hut return for the week ending October 20, 1944, was 520 z. from 34,000 yards in 196 hours. COMPANY REGISTERED South Westland Fisheries Ltd. — Regd. as a private company September 27. Office: Greymouth. Capital: £3OOO in 3000 shares of £1 each. Subscribers: Greymouth—J. McLean 1925, J. D. McLean 100, A. Hughes 50, W. Gunn 25, H. E. Anderson 25, L. D. McGiashan 25. Bruce Bay—A. R. Thompson 750, P. S. B. Thompson 50, R. Thompson 50. Objects: Fish merchants and suppliers, wholesale and retail and fishermen and incidental. RABBITSKIN SALE. DUNEDIN. October 24. The Dunedin Stock Agents’ and Woolbrokers Association reports that approximately 48 tons of rabbit skins were offered at to-day’s sale. The bulk of the offering comprised summer milky and spring grades. Values generally were easier. Milky does grades were most affected, and these, as compared with the previous rates, were 8d to 18d per lb lower. Following is the official range of prices: outgoing winter bucks, 90d to 98d; outgoing winter does, 80cl to 86d; first spring bucks, 70d to 791 d; first spring does, 76d to 791 d; “ second spring bucks, 46d to 56d; second spring does, 68cl to 74d; stained does, 78d to 86d; summers, 45cl to 57d; first milky, 76d to 80d; second milky, 58d to 60d; summer broken, 45d to 55d; summer blacks, 36d summer fawns, 36'd; first hareskins, 24; second hareskins, 20d; best ferrets, 6/- to 8/4 a skin; second ferrets, 2/- to 3/- a skin; third ferrets, 1/- a skin.