COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18499, 11 September 1934, Page 2

COMMERCIAL

ENGLISH WHEAT MARKET (Elec. Tel. Copyright—United Press Assn.) (Received Sept. 11. noon) LONDON, Sept, 10. Wheat, cargoes are steady, hut parcels are. in poor demand, j Futures: London, September, 235; December, 24s lL;d; February, 26s OJ,d : Liverpool, October, 5s SJd; December, 5s lljjd ; March, 6s 2gd ; .May, 6s 3|d. MORE LAND TRANSFERS Transfers of land registered in the Dominion during July totalled 1616 and were for a consideration of £1X85.910. Compared with June, a slight increase in both numbers and value was shown, and both totals were considerably higher than in July, 1933. .Mortgages registered in July totalled 1268. the amount involved being £881,518. Increases on the figures for June and for July, 1933, were also shown under Ibis heading. WESTLAND BREWERIES The accounts of Westland Breweries, Limited, for the year ended June 30, show tt net profit of £1277, compared with £1024 earned in the previous year and £7Ol in 1931-32. No dividend is recommended, none having been paid in the past three years. Profit and loss appropriation account now shows a credit balance of £3768. The company has a paid capital of £31,405 and lias issued £19,250 in 8 per cent, debentures. MINING NEWS Blackwater Mines, Limited (lieefton), reports the following returns for August (July figures being given in parentheses): Crushed, 4000 tons (3850 tons), yielding 1897 (1901) fine ounces of gold; value, at £6 18s a fine ounce, £13,092 (£13,022 at £6 17s a line ounce); working cost;, £6161 (£5454); leaving a working profit of £6931 (£7568). Development, expenditure was £664 (£877). and capital expenditure. £1025 (£793).