COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19100, 22 August 1936, Page 6

COMMERCIAL

DIVIDEND UNCHANGED DTJNLOP PERDEIAU RUBBER (Per Prosß Association.) WELLINGTON, this day. The directors of the Dunlop-Perdriau Rubber Company' are recommending, subject, to filial audit, the payment of a s"per cent dividend on cumulative, pre. feren'ce shares, making 10 p'6r" cent for .the year, and 5 per cent oh ordinary shares, for the year ended' June 30 last. The distribution is the'sihpe W'last'year. ADDISON'S ELAT RETURN tPer Press Association.) ' WK^TpOßT;ij)is day. The Addison's Flat' refurn. was 26p?. 6dwt. for the month's operations. •"'ln consequence of opening out ojft'ttie eastern le'ad. sluicing had beVrr intermittent. aiLLEfJRIE'S RETURN (Per Press Association.) W.NEDINj, this day. The, Gillespie's Beach" return- was 84oz 2,dwt for' 115 hours*•"dredging. LONDON MAHKETS The Bank of New. Zealand advises receipt of the following cable* message- from London as at the close of business this week: —"Wethers.—There is a better demand. Ewes.—Supplies are short until next arrival. Lambs.—The market is firm. Quotations. —Wethers, light 4£d to heavy 3gd to 4&d ; ewes, 3gd to 4Ad ; lambs, twos 7d to 7£d, eights Ggcl to 6|d, fours '6jjd to 6>;(\, seconds 6jjd to 6£d." Referring to the rise in the retail prices ' for beef which took place in Auckland to-day, a. leading retail butcher said that, although the keen export inquiry offered' some explanation for the shortage of beef, ari additional reason was that the proportion of good quality cattle being yarded'was comparatively low. It was 30 years since ho had seen such a. high proportion of inferior quality animals at the sales as had beehih evidence this' year.

There is a shortage of pedigree Jersey Bulls in the Waikato and' North Auckland this year, the entries at" the principal sales being 50 per cent lower than "(hose for last year. The number of pedigree Jersey bulls registered this year is 1000 less than last year.

The demand in Australia for New Zea-land-bred stud sheep; has increased" so greatly during the last few months that it is now difficult to secure shipping space on the trans-Tasman vessels; and nearly all the available accommodation for live stock is booted lor some time.