COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18529, 16 October 1934, Page 11

COMMERCIAL

CANTERBURY MARKETS The week has been an exceptionally quiet one, states a Christchurch produce report of Saturday. The hope that famine prices for potatoes would assist the lifting of the embargo intrigued the trade for a day or two, but it has proved a vain hope. In the meantime the mark *t is lifeless. Auckland reports are that southern potatoes will be required for some time yet, but plenty are arriving on consignment. Prices locally are unaltered. Fowl feed remains firm at 3s 9d a bushel, f.0.b., s.e. Oats are unchanged with very little business doing. There is no movement to record in the small seeds market. Retail orders for spring sowing have practically ceased and there is no oversea inquiry. Stocks carried over will not be large enough to worry merchants. In most classes of seeds the "boards will be practically bare.

MINING NEWS The first annual accounts of Mining Research Company, Limited, church, for the year ended July 31 show a profit of £3785. The directors recommend a dividend of 50 per cent, on the} company’s capital, payable in shares of its first subsidiary, the Colden Gully, Sluicing and Development Company, Limited, which owns a claim at Colling-) wood, Nelson district. The parent company is also interested on the Clutha' River and at Macctown (Otago). THE SHAREMARKET (Per Tress Association.) AUCKLAND, this day. r« I >ni . I)’ Q#l .

Sales on ’Change: Big River, Is 8d; Mataki, 2s 8d; Mt. Lyell, 18s 6d; Northern Roller Mills, 30s 6d ; Bank of New Zealand, 48s 9d; New Zealand Breweries, 50s 7d; Broken Hill, 52s 10d; Bycroft, 535; New Zealand Insurance, 70s; Reserve Bank. £6 10s 9d. WELLINGTON, this day. Sales on ’Change: Government 4 per cent, stock, 1940, £lO4 JBs 9d; 1946. £lO9 10s; 1949, £lO9 10s; 1955, £ll3 8s 6d; Bank of New Zealand, £2 8s fid; Big River, Is 7J<l. CHRISTCHURCH, this day. pale on ’Change; Government 4 per. cent. Inscribed. Stock, 1940, £lO5 (2)4 F„S. and A. Bank, £5 6s (2); Reserve, Bank, £6 10s 3d; United Building, 21s;; N.Z. Refrigerating, £1 paid, 19s ditto,, 10s paid, 9s 3d; Broken Hill Proprietary, 52s Gd ; Dunlop Perdriau Rubber, 19s" 9d (3); Electro Zinc, prof., 35s 9(1 ; Mahakipawa, lOd ; Waihi Grand Junction, 4s 3Jd. Reported sale: Government 4 per, cent, inscribed Stock, 1946, £lO9 ss. DUNEDIN, this day. Rales on ’Change; Bell Hooper, 3d; 1040 stock. £lO5. Reported sales: Reserved Bank, £(> 10s 3d (3); 1040 slock, £105; South British, 03s.