COMMERCIAL
TARANAKI (N-‘Z.) OILFIELDS N.L.
The following report is issued for IDo week ended February 21, 1931: “AYaita.ngi No.. 1. wel : Pi-egress dclavcd by caving m at about lUlhlt;, accompanied by a ccnsidcrablc amount of gas. Pumped mud into -formation after which ran 240 Lags ol cement through tubing, to 1020 lcot. Gas now shut off. Will resume operations 2nd March.”
" SYDNEY GAS. 1)1 VID END RES’I'R LCT lON TO BE WITHDRAWN. fI T P.A by Elec. Tol. Copyright). SYDNEY, Fob. 24, Air. Justice Davidson, as a Royal Commissioner, having reported that the price of gas as at present charged in Sydney is not m excess ot-.the amount required by the- statu-ton. dividends, the Minister dLAlmes,. Mr. Baddelev, -aiiiiouiices a. bill aiueiiumg the Gas -Act removing tlm right of a fixed dividend of S per cent. The etfect is expected to ho a reduction of the price of gas.
STOCK AND SHARE MARKETS. CPress Association.? AUCKLAND. .Feb. 2-1. Sales on ’Change: British TobacReported sales:. Mt. Lyoll, 19s l.d, 19s 4d: Auckland ! Oas;. 2s 6d. '' . . CHRISTCHURCJI. Fob., 24. Sales on ’Change: New,.Zealand Breweries, 83s M; Drug ~C 0,., F-Os; King Solomon, 2s; Mahulupawa gi'tU ' •. .’’ ; Reported sale: NAL Refrigerating, Is (id. -- , - ■
SYDNEY .WOOL , SALES; ■ A rXJjni by Elec. Tel. Coitfricht) • At the. wool sales,-.tb, c;', ollownigs totalled 9867 bales,.: of win eh 960 J wt e sold and’ also ,1128 .privately., Ihe market was .unchanged from .the previous dav. Prices were very firm toi all reseriptious, and .competition ■ wa* keen. Greasy merino made up to. 29;{d. - ’■ „- k
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Bibliographic details
Gisborne Times, Volume LXXII, Issue 11449, 25 February 1931, Page 2
Word Count
255COMMERCIAL Gisborne Times, Volume LXXII, Issue 11449, 25 February 1931, Page 2
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