COMMERCIAL QUALITY CATTLE IN DEMAND AT WAITAHA

Greymouth Evening Star, 6 February 1947, Page 2

COMMERCIAL QUALITY CATTLE IN DEMAND AT WAITAHA

Messrs Dalgety and C 0.,. Ltd., report on the cattle sale held at Waitaha yesterday as follows:— There was an entry of about 100 head of fat and store cattle. The best quality steers and cows sold freely but medium quality cows were not as” keenly sought after. Practically everything was sold. The principal sales were as follows: Account Deakin Bros: 2 ccws £7 12/6, 4 cows £3/7/6, 1 cow £5/12/6, 1 runner £4. Account C. Evans: 1 heifer £lO 7/6, 1 heifer £9/7/6. Account Davidson Bros.: 1 heifer £4/17/6, 1 heifer £4/12/6, 2 cows £3/2/6. Account D. J. Chinn: 5 cows £7 12/6, 5 cows £lO/12/6. Account H. Linklater: 1 runner £4/12/6, 4 cows £6/17/6. Account W. Ellis: 2 cows £B/7/6, 1 cow and calf £6/12/6, 1 cow £5 7/6,. 1 cow £3/17/6. Account J. H. Cropper 1 cow £6 17/6. .Account D. Barr (in conjunction

■ with the National Mortgage Com- ; pany): 8 steers £ll/17/6. COMPANY NEWS , Felt and Textiles.—How far the plans of Felt and Textiles of Australia, Ltd., can be carried out is 1 apparently in doubt. The point was ’mentioned by the chairman of directors (Sir Walter Massy-Greene) at lan extraordinary general meeting on February 3 'when a resolution in- -] creasing the nominal capital of the ; company from £2,000,000 -to i £5i000,000 was passed unanimously. . “7’13 company is planning ahead,” ;

he said, “but just how far we shall be permitted to carry out our ideas I cannot inform you at the present. We have to comply with the regulations. I hope from time to time opportunities will ~ arise - which will justify us calling on you for - more capital. You will realise, too, the great difficulties we are experiencing, and will continue to do so for some time, in obtaining plant, buildings, etc.” mining news Kanieri Gold Dredging, Ltd., Greymouth, is paying a dividend, of 1/a share on February 26.. The last dividend, also 1/- a share, was. paid in August, and 1/- was paid last February.