COMMERCIAL

Poverty Bay Herald, Volume LX, Issue 18179, 29 August 1933, Page 9

COMMERCIAL

LOWER BUTTER PRICES (Per Press Association.) WELLINGTON, this day. The wholesale price of butter in Wellington will ho reduced to-morrow a pound.

TOATOA DAIRY COMPANY The annual" meeting of the loatoa Dairy Company, Limited, was lwdd at Toatoa last weak, the chairman of directors, Mr, J, H, Reid, presiding over a good attendance of shareholders. In moving the adoption of the annual report and balance sheet, the chairman congratulated the shareholders on a record output, showing an increase of 11.72 per cent, over last season. The net payout for the season was lOd per lb butter fat and a dividend of 5 per cent, was declared on paid-up capital. The chairman stated it was quite impossible to forecast the Home market for next season’s cheese, but as long as both the suppliers and the staff turned out the best quality product, the fame of Toatoa would not deteriorate. Ihe Wrightson Cup for the best graded milkover the season resulted in a tie between Messrs. J. H. Reid and T. B. Stott, who generously returned the cup to the company fra- annual competition. Mr. T. B. Stott, the retiring director, was returned unopposed. At a subsequent meeting of directors, Mr. J. H. Reid was unanimously reelected chairman for his twenty-second consecutive year of office in that position.

THE SHAREMARKET (Elec. Tel. Copyright—United PreSß Assn.) (Received August 29, 2 p.in.) LONDON, August 28. Stock Exchange quotations include New Guinea Gold, 7s 7|d ; Bulolo, 78s 6d. (Per Press Association.) AUCKLAND, this day. ISales on ’Change:’Big River, Is 8d; Matald Gold, Is 9d, Is 10d, Is lid; King Solomon, 2s Oil; Farmers’ Trading Company, 2s fid Goldsbrough, Mort,, 29s 41 d, 29s fid; Electrolytic Zinc, 32s 3d;>, Bank of New Zealand Mortgage, 32s lOd; Blackwater, 3'ss 9d; E.S. ami ■A. and Bank, £5 6s fid; Dalgety and Company, £9 2s 3d; Loan and MerWales, £32 7s 6d; Government Stock (1955), £IOO ss. CHRISTCHURCH, this day. Sales on ’Change : Commercial Bank of Australia, 15s lOd (2); E. S. and A. Bank, £5 5s 6d; National Bank of Australasia, £lO paid, £l2 19s; Bank ol New .Zealand, 48s sd; Goldsbrough. Mort, 29s 6d, 29s sd; Huddart Parker, cum div., 30s 3d (3); New Zealand Refrigerating Company, 10s paid, 8s 3d (5); Timaru Brewery, 7s 6d paid, 6s 4cl; Toohey’s Brewery, 22s 7d; Tooth s Brewery, 37s 9d; Electrolytic Zinc, pref., 32s (3); Mt. Lyell, 21s 8d (3); Alexander Mines, 13s 6d paid, 23s od (2) 23s 3d; Blackwater Mines, 35s lid, 36s (3); Mahakipawa, 2d; Waitahu, 5s paid, 7s sd, 7s 5Jd. Sales reported: Government Inscribed Stock, 1946, £IOO 10s; Goldsbrough, Mort, 29s 6d, 29s 9d; Canterbury frozen Meat Company, ord., £9 10s; 3Sew Zealand Refrigerating Company, 10s paid, late sale yesterday, 8s sd. 1 DUNEDIN, this day. Sales on ’Change: King Solomon, 2s fid, 2s fid; Waitahu, 7s 3d (2). Snlos reported: Southland Frozen 'Meat, (pd.), 51s (3); Southland Frozen Meat (con.), 25s 9d; New Zealand Breweries, 365; ■Gillespie*s B’each, 2s 3d; Government 4 per cent Stock (1949), £lOl ss; 801 l Kilgour (after call), Is 4d.