COMMERCIAL

Grey River Argus, 16 January 1940, Page 11

COMMERCIAL

LOSS OF FISH MART.

[Per Press Association.] DUNEDIN, January 15

However the retailer may view’the abolition of the fish auction market in Dunedin, Port Chalmers fishermen .are definitely in arms against the decision. They claim that this action nas been taken only in Dunedin and that the Christchurch auction will carry on. They are also unanimous in the belief that the local action was taken because of the Port Chalmers men’s refusal to amalgamate with the Seamen’s Union.

“We understand,” said one, “That an import licence covering the supply of all fishing gear was granted to the Seamen’s Union. Yet otir licence was cut down to one-sixth of our requirements. Why should a trading licence be granted to an industrial union which has never before been under the necessity of trading in these supplies.” The president of the Fishermen’s Association claimed that following this decision by an advisory committee on which fishermen are not represented, the local market would be bare for five months of the year and that the fishermen would be on relief. A general meeting of all fishermen is called for Monday night. STOCK EXCHANGES. WELLINGTON, January la. Sale: Wellington Alluvials 4/6 (4), Sales reported: 32 per cent Stock 1941 £99/12/, McKenzie’s Deparrment Stores 40/6, Broken Hill 88/15CHRISTCHURCH, January 15. Sales: Commercial Bank of Australia 16/3, B.H.P. 87/9. Reported late Friday: Ngahere (deferred) 21/6 <"2), Associated Gold 10/-. SYDNEY, January 15. Tooheys 30/41, Associated News 15/9, British Tobacco 50/3, Broken Hill Proprietary 83/-, Dunlop Perdriau J.9/4J, Electrolytic Zinc 60/3. Pref. 62/-. LONDON, January 13. Friday’s closing prices for cotton spot 898, February 863; rubber, Para 13, plantation smoked 11 13-16; linseed oil 402, turpentine 58/6. AUSTRALIAN GOLD PRICE. The value of sovereigns (Commonwealth Bank) is £2 8s lid. The gold price is £lO 12s 6d a fine ounce, and £9 14s 92d (22 carats) standard ounce. METAL QUOTATIONS. Latest London quotations available are as follows: — Copper —£62 a ton. Lead, soft, spot —£25 a ton. Spelter, spot—£2s 15s. The foregoing is the maximum price fixed by the British Ministry of Supply, delivered buyers’ premises. Tin, standard, spot—£246 15s a ton; three months, £246 ss.