COMMERCIAL
INVERCARGILL STOCK EXCHANGE. SATURDAY’S QUOTATIONS. , At a meeting of the Invercargill Stock Exchange on Saturday morning the following prices were recorded:— Government Debentures. Government Stock, 3} per cent, 193843: b £lO6 7/6. : Government Stock, 3} per cent., 193852: b £lO6 7/6. Government Stock, 3| per cent., 1939- • 43: b £lO6 7/6. Government Stock, 3} per cent., 193952:.b £lO6 7/6. . . Government Stock, 4 per cent., 1940: b £lO2 10/-. .... Government Bonds, 4 per cent., 1940: b £lO2 10/-. Government Stock, 4 per cent., 1946: b £lO6 10/-. Government Bonds, 4 per cent., 1946: b £lO6 10/-. Government Stock, 4 per cent., 1949: b £lO6 10/-. Government Bonds, 4 per cent., 1949: b £lO6 10/-. Government Stock, 4 per cent., 1955: b £lO9. Government Bonds, 4 per cent., 1955: b £lO9. Banks. Commercial: s 16/8. E.S. and A. Banks: s £5 2/6. National of New Zealand: b 71/-. New Zealand: s 50/6. New Zealand Long “D” issue: s 30/-. Reserve Bank of New Zealand: b £6 12/-; s £6 13/6. Union of Australia: s £9 3/6. Breweries.
New Zealand Breweries—(Shares): s
52/6. Timaru Brewery: b 8/3,
Coal. Kaitangata: s 21/-. Westport Coal: b' 21/9; s 22/3. Westport Stockton (ord.): s 3/-. Insurance. National: b 22/4. New Zealand: b 70/-. South British: b 96/6. Standard: b 71/-. Loan and Agency. Goldsbrough, Mort and Co.: s 29/9. Wright, Stephenson and Co.—(pref.): b 19/6; s 20/3. Meat Companies. N.Z. Refrigerating—(2o/- paid): b 21/-; s 21/3. (10/- paid): s 10/3. Southland Frozen Meat—(£l ord.): b 76/-. (10/- ord.): b 38/-. (£1 pref.): b 76/-. South Otago Freezing Co.: b £6 5/-. Shipping. Union Steam Ship Co. (pref.): b 27/-. Miscellaneous. Australian Glass: b 61/-. Colonial Sugar Co.: b £4l 5/-. D.l.C.—(pref.): s 27/-. Dominion Fertilizer: b 21/-; s 21/9. Dunlop Rubber (Aust.): s 20/-. Milburn Lime and Cement: b 42/6; s 43/-. New Zealand Drug: s 80/-. N.Z. Guarantee Corporation: b 5/9. New Zealand Paper Mills: s 34/-, Otago Daily Times: b 53/-. Wilson’s (N.Z.) Portland Cement: s 33/9. Woolworths (Sydney): s 93/6. Mining, Bell Hooper: s 3}d. Bell Kilgour: s ljd. Bendigo Goldlight: b 9d; s lid. Broken Hill: s 54/3. Big River: s 2/1. Gillespie’s Beach: b 1/7; s 1/9.
Golden Sands: s 3/-. Kildare: b 2/5. Kang Solomon: b 3/4; s 3/8. Mahakipawa: b IOJd. Maerewhenua: s 3d. Nevis Diesel: s 4d. Nokomai: b 2/-; s 2/9. Okarito: s 8/3. Waihi Gold Mining: b 39/-, Waitahu: b 2/-. Maori Gully: b 1/5; s 1/7. Sale Reported. Bendigo Goldlight: lOd.
NORTHERN EXCHANGES.
(Per United Press Association.) Auckland, January 27. Sales on ’Change: Pukemiro Colleries 27/-; Northern Steamship 6....9, 6/10; Broken Hill Proprietary 53/8; Electrolytic Zinc 21/9; Morris Hedstrom 19/-; Northern Roller Mills 33/3; Sun Newspapers 5/1; Bell Kilgour Id; Big River 2/1; Goldfields Dredging 8Id; King Solomon 2/5. Wellington, January 27. Sales on ’Change: Napier Borough 4} per cent,, 1950, £lO5 5/-; New Zealand Refrigerating (10/- paid) 10/1; Huddart Parker (ord.) 37/9; Woolworths, Ltd., (second pref.) 28/3. Christchurch, January 27. Unlisted sales reported: Woolworths, Sydney (ord.) 92/6 (2). Sales on ’Change: E.S. and A. Bank £5 1/6; Anthony Hordern 19/-; British Tobacco 38/10; Dunlop Perdriau Rubber 19/8 (2), 19/7 (3); Sun Newspapers 4/9, 4/8 (3), 4/6; Alexander Mines 19/-; Big River 1/11 (2); . Maori Gully 1/5; Mahakipawa 11 id. (2). Sales reported: Sun Newspapers 5/1; Alexander Mines (15/- paid) 17/9; Goldfields Dredging B}d. (2); Whitcombe and Tombs 85/-. Dunedin, January 27. Sale reported: Goldsbrough Mort, 29/3.
LOCAL MARKETS. THE RIALTO. Messrs William Todd and Company, Ltd., The Rialto, report the following sales at their weekly market on Friday, January 25:— Pigs: Small weaners 6/- to 11/-; well-grown. 12/- to 15/6; stores 15/6 to £1 3/6; sow and litter £3. Poultry: Hens, 1/- to 1/9; heavy breeds 1/7 to 2/-; geese 2/4; ducks 1/2 to 1/3; W.L. pullets 3/- to 5/6; Black Orphington pullets 4/- to 4/7; duck and ducklings 4/- to 6/-. Bacon Pigs: We are cash buyers of bacon weights, 120 to 1501 b. at sd. lb., freight paid. Grass Seeds: White Colver 9d. to 1/6; Cowgrass 1/2; Timothy 1/3; Dogstail 10d.; Cocksfoot 9d. to 1/4; Perrenial 3/6 to 4/6 bushel; Italian 4/6; mixtures, Clover, Ryegrass and Cocksfoot 3d. : to 4d. lb; Ryegrass for surface sowing, 12/—sack.
Produce: Table potatoes 8/- cwt.: chaff £3 10/- to £3 15/-; onions 13/6 bag; oats 9/-; barley 10/6; wheat 14/6; straw £2 15/-; sorrell 3/-; oatdust 4/6; Farra feed 7/-; pollard 8?-; bran 6/6; Moose Meal 16/-; Moose Nuts 15/-; Meat Meal 11/-; Liver Meal 11/-; Bone Flour 14/-; Oyster-Shell Grit 6/-; Molasses 13/6. Vegetables: Cabbage 1/- to 1/6; lettuce 1/-; caulflower 5/- per dozen; carrots and parsnips, Id. lb; peas 2}d.; beetroot Id. Miscellaneous: Barb wire 27/6 cwt.; No. 8 galvanized 19/-; rabbit-netting 22/-; fowl netting 13/6; sheep netting 21/-; Kauri washiubs £2 15/-; portable boilers £4 5/-; baths £3 5/-; punice boilers £5 19/-; wheelbarrows 27/6; pickling barrells 7/6; timber 12/- to 14/- 100; dressed timber 23/- to 26/-; stakes 25/-; droppers 10/- to 12/-; military saddles £2 10/-; cement 7/3; bridles 12/6; binder twine 6d. lb.; Ceylon Tea 51b. boxes 12/6; rabbit traps with pegs 23/- dozen; nets 6/-; riding saddles £4 10/-. BRAY BROS. Messrs Bray Bros., Ltd., report auction prices as follows:—Apples, dessert 6/- to 10/-; cooking 4/6 to 6/-; apricot’s 2/.- to 4/-; coconuts 10/- sack; grapefruit (Sunkist) 50/-; lemons (Sunkist) 57/6; nectarines 2/6 to 4/6; pears 1/6 to 5/-; peaches 2/- to 4/6 case, crated 2}d. to 3Jd. lb.; plums 1/9 to 4/-; tomatoes 2d. to 4Jd. lb.; beans 2d. lb.; beetroot 2/6 doz.; cabbage 1/- to 2/-; carrots 1/- to 2/-; cucumbers 1/6 box; green peas 2Jd. lb. to 31 d. lb.; lettuce 1/- to 2/-; marrows l}d. lb.; mushrooms 2d. to 3d. lb.; pumpkins l}d. lb.; rhubarb Id. lb.; onions 13/6 cwt.; potatoes 8/- cwt. to Id. lb. BROKEN HILL SOUTH. DIVIDEND OF 1/6 PER SHARE. (Per United Press Association.) Wellington, January 27. Hill South, Limited, has advised the Stock Exchange Association of a dividend of 1/6 per share, declared payable in Melbourne on March 15. NATIONAL MORTGAGE. ANNUAL DIVIDEND. (Per United Press Association.) Wellington, January 27. The National Mortgage and Agency Company of New Zealand, Limited, has advised the Stock Exchange Association that, subject to approval by the shareholders at the annual meeting in London on February 26, a dividend at the rate of 5 per cent, per annum for the year ended September 30, 1934, will be paid. CHRISTCHURCH GAS. (Per United Press Association.) Christchurch, January 27. A net profit of £27,347 18/4 is disclosed in the balance-sheet of the Christchurch Gas, Coal and Coke Company, Ltd., for the year ended December 31, 1934, compared with £21,489 for last year. The directors’ report states that sales of gas amounted to 425,046,000 cubit feet, an increase of 7,283,900 cubit feet, or 1.74. per cent. The debenture issue of £lOO,OOO, maturing on November 1, has been repaid, and the directors recommend a dividend of 3 per cent.,’ which with the interim dividend al-, ready paid, makes 6 per cent, for the year. This will absorb £21,456. The directors recommend placing to reserve a fund of £2774, to renewal a fund of £2OOO, and to carry forward £92591 15/2.. . .. . J
A.M.P. SOCIETY. INCREASED NEW BUSINESS IN BOTH DEPARTMENTS. Mr W. T. Ikin, manager for New Zealand of the A.M.P. Society has received the following cable from his head office in Sydney.—“ Pleased to advise new business 1934. Ordinary Department £13,731,677, Industrial Department £4,229,807. Total— £17,961,484, Increase on 1933—£2,345,000. Splendid result, all have share congratulations.” In New Zealand the Ordinary Department New Business was £2,899,562, being an increase of £550,097 on the previous year, and the Industrial Department New Business—£sls,66o, being an increase of £38,589 on 1933. DAIRY PRODUCE MARKET. The National Mortgage and Agency Company of New Zealand, Limited, are in receipt of the following cable from their principals, Messrs A. J. Mills and Co., Ltd., London: — Butter: Market quiet, but likely to improve later. New Zealand finest, 83/-, 84/-; New Zealand first, 82/-, 83/-; Danish, 116/-; Danish, f.0.b., 97/-; Australian, 82/-. Cheese: Market slow. New Zealand white, 45/6, 46/-; New Zealand coloured 45/-, 45/6; Canadian, 58/-, 60/-. The South Island Dairy Association report having received the following advice from the New Zealand Producers’ Co-operative Marketing Association, under date January 6:— Butter: Firm. New Zealand, 83/- to 85/-; Danish, 116/-. Cheese: Steady. White, 45/6 to 46/-; coloured, 45/- to 46/-. MINING REPORTS. BRIAN BORU DREDGE. (Per United Press Association.) Greymouth, January 27. The Brian Boru dredge return was 12oz. for 109 hours’ work, obtained from 10,080 yards. BELL HOOPER CROMWELL. (Per United Press Association.) Christchurch, January 27. The Bell Hooper Cromwell return for the week ended January 25, was 4oz. sdwt. 17gr. CHARLESTON SLUICING COMPANY. (Per United Press Association.) Westport, January 26. The Charleston Sluicing Company’s return for the fortnight ending January 26 was 20oz 3dwt for 18 shifts. BENDIGO RISE. The Bendigo Rise and Shine Gold Mining Company, Limited, states: — “Considerable interest attaches to the development work of the Bendigo Rise and Shine Company in the Cromwell district of Central Otago, as it is hoped that it will definitely establish the possibilities of quartz mining in the southern province. The companies which have operated in the last two or three years have proved the payable quality of the ore and the persistence of the lode system, but insufficient capital or inefficient technical advice on the metallurgical side has operated against success. Profiting by this experience the Bendigo Company has decided to establish an up-to-date battery and operate on a major scale. As a result of development work to date, a fair weight of stone is at grass, and assays have proved the richness of the ore over a promising line of reef. More than half a million of money was produced from the' lode systems of the Cromwell district in the earlier days, and it is hoped that the results in the Bendigo enterprise will offset the bad impression left in investors’ minds as a result of some of the unproved and heavily loaded alluvial enterprises put on the market within the last two years.” PRICE OF GOLD. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, January 26. The price of gold is £7 1/6 per ounce. LONDON WOOL SALES. (United Press Assn.—Telegraph Copyright.) London, January 25. At the wool sales, 9048 bales were offered, including 4135 bales from New Zealand. About 6969 bales of Australian and New Zealand wool were sold. Home and Continental competition was sustained at fairly steady rates. There were some withdrawals owing to the high limits. New Zealand scoured Merinos, “Crosskeys-Otematata,” top, 21Ad; average, 20gd; greasy crossbred, “Woodlands,” 9}d and 7/d. HIDES MARKET. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, January 26. Quotations for hides are as follows:— Meatworks’ Dry-salted.—Queensland, 351 b to 451 b, sd; 301 b to 401 b, 4gd; 251 b to 351 b, 4gd; 201 b to 301 b, 4|d. New South Wales, 351 b to 451 b, 5Jd; 301 b to 401 b, s|d; 251 b to 351 b, s}d; 201 b to 301 b, 5Jd. Wet-salted. —Queensland,' 501 b to 611 b, 3gd; 401 b to 501 b, 3|d. New South Wales: 501 b to 611 b, 4Jd lb; 401 b to 501 b, 3gd. Victorian abbatoirs.—solb to 611 b, 4d; 401 b to 501 b, 3gd. FROZEN MEAT. (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, January 26. Frozen meat quotations:— New Zealand Sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 481 b to 561 b, sj|d; 571 b to 641 b, s}d; North Island, 481 b to 561 b, sgd; 571 b to 641 b, s|d, New Zealand Lambs.—Selected North Island brands, including Downs, 371 b to 421 b, 8d; other North Island brands, first quality, 371 b to 421 b, 7£d. Australian Lambs.—Victorian first quality, 361 b and under, 7d; other States, first quality, 361 b and under, 6gd; Victorian, second quality, 361 b and under, 6fd. New Zealand Frozen Beef .—Ox fores, 1601 b to 2201 b, 2gd; ox hinds, 1601 b to 2201 b, 3 a 7 d. Australian Frozen Beef.—Ox crops, 1001 b and under, 3}d. Argentine Chilled Beef.—Ox fores, 1601 b to 2201 b, 3gd; ox hinds, 1601 b to 2201 b, s|d. New Zealand Pigs.—First quality, 601 b to 801 b, 6Jd; 811 b to 1001 b and 1011 b to 1201 b, sgd. Others unchanged. Mr R. L. Bennett, Palmerston North, has received the following cable from Henry S. Fitter and Sons, Ltd:— d. d. New Zealand lambs, selected Downs, 2’s. 7J 8| Secondary lambs, selected Downs 7} 7} New Zealand lambs, 2s. 7 1 8 New Zealand. lambs, Bs. 8 8| New Zealand lambs, 4s. 7} 7} Secondary lambs 7 7} New Zealand mutton, small 5| 6 New Zealand mutton, large 4} 5J New Zealand ewes, small 4} 44 New Zealand ewes, large 3j 4 New Zealand beef, ox hinds 3} 4 New Zealand beef, ox fores 2} 3 Argentine chilled ox hinds 5 5} Argentine chilled ox fores 3} 3} New Zealand pork 5} 6 Australian lambs . 6| 7 I
Australian lambs, superfine quality 7| 7$ Argentine lambs 6} / Lambs.—High prices are checking the demand and there is a weaker tendency owing to increased supplies. Wethers.—The market is quiet and unchanged. Ewes.—The demand is moderate, with prices a little lower. Beef.—The market is short of supplies; prices nominal. Pork.—Trade is slow. Trade generally is slow. RABBIT MARKET. (United Press Assn—Telegraph Copyright.) (Rec. 6.30 p.m.) London, January 26. Quotations for rabbits are as follows: First, large, ex store, 16/6 to 17/-. METAL QUOTATIONS. (United Press Assn—Telegraph Copyright.) (Rec. 6.10 p.m.) London, January 25. Metal quotations are as follows: — Jan. 22 Jan. 25. ' £ s. d. £ s. d.
RAW MATERIALS. (United Press Assn—Telegraph Copyright.) (Rec. 6.30 p.m.) London, January 25. Friday’s closing prices for raw materials, with those of the previous week in. parentheses, were - as follows: Cotton. —Spot, 7.08 d a lb. (7.15 d February shipment, 6.82 d (6.87 d Rubber—Para, 4 7-8 d a lb. (4 <-8d); plantation smoked, 6 3-8 d (6 7-16 d). jute—January-February shipments, £l7 12/6 a ton (£l7 17/6). _ Copra—February-March shipments, nominal; South Sea, £ll 10/— a ton (£12); smoked, £ll 10/- (£12); plantation Rabaul, £l2 5/- (£l2 15/-). T.inseed Oil. —£22 10/- a ton (£2l 15/-). Turpentine—4B/3 a cwt. (48/3). FOREIGN EXCHANGES. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, January 25. The following rates of foreign exchanges are current to-day compaied with par:— Par. To-day. Paris, fr. to £1 124.21 74 19 32 New York, dol. to £1 4.886 4.87} Montreal, dol. to £1 4.886 4.88 Brussels, belgas to £1 35 21.09 Geneva, fr. to £1 25.221 15.16 1-8 Amsterdam, fl. to £1 12.107 7.27} Milan, lira to £1 92.46 57 5-8 Berlin, rmk. to £1 20.43 12.25 Stockholm, kr. to £1 18.159 19.39 J Couenhagen, kr. to £1 18.159 22.394 Oslo, kr. to £1 19.159 19.90 Vienna, schgs. to £1 34.585 26} Prague, kr. to £1 164.25 117 5-8 Helsingfors, m. to £1 193.23 2264 Madrid, pesetas to £1 25.2215 36 Lisbon, escudas to £1 HO 110 1-8 Athens, dr. to £1 875 517 Bucharest, lei to £1 818.6 490 Belgrade, dinars 25.2215 21.7 Rio de Janeiro, p. to milreis 4.892 4} Buenos Aires, p. to dol. 45.577 15 Montevideo, p. to dol. 57 39 <-8 Bombay, pence to rupee 19 18 1-16 Shanghai, pence to dol. 17 3-8 Hong Kong, p. to dol. 21} Yokohama, p. to yen 24.57 14 Warsaw, par zlotys to £1 43.36 26.37 Batavia, guilders 12.107 7.23 1-8 CHICAGO WHEAT. (United Press Assn—Telegraph Copyright.) (Rec. 6.30 p.m.) New York, January 26. ‘ Chicago wheat quotations:—May 97}, July 89 3-8, September 87 5-8, New York (cash) 116} cents a bushel. THE EGG MARKET. (United Press Assn—Telegraph Copyright) London, January 25. Eggs.—Lifeless. Australian, nominally, 14’s, 7/6; 15’s, 7/9; 16’s, 8/3; 17’s, 8/9. THE BANKS. SERVICES TO THE COMMUNITY. A striking tribute to the services rendered to the community by the trading Banks of Great Britain and the dominions was paid by Mr Harold G. Brown, chairman of the N.Z. Loan and M.A. Co., Ltd., in his address to shareholders at the annual meeting in London on December 13. On this topic Mr Brown said:—
It is not without interest, I think, to note that in the forefront of the platform of the Labour Party in Australia, as in this country, is the nationalization of the banks. If there are two countries in the world which owe a debt of gratitude to their banks, or rather their banking systems and those who have controlled them in recent years, they are this country and Australia.
Some mistakes have no doubt been made, but there can be little doubt that the stand taken by the banks saved both countries from a collapse which was drawing unpleasantly close. Reformers the world over always seem to overlook the fact that violent changes of that or any other kind, even if they are theoretically desirable, are calculated to do more harm than the continuance of less theoretically perfect conditions. These same reformers, while genuinely professing to have the welfare of the wage-earners at heart, also overlook in their zeal for reform the elementary fact that vzhat is harmful to business must react on the wageearners as a class. Business can cope with almost any changes if they are gradual, but violent upheavals or too rapid changes nearly always bring calamity to business and. hardship upon that part of the community least able to bear it. BRITISH DAIRYING. QUOTAS CAUSE ALARM. AGREEMENTS WITH FOREIGN COUNTRIES. London, December 13. The warning given to Britain by Dr Earle Page, the Australian acting Prime Minister, of the inevitable consequences of its restriction of meat, and other food imports from the Dominions, has caused deep misgiving among a large, section of the National Governments supporters, following, as it does, a series of similar warnings. ,from other spokesmen for Australia and New Zealand; and from representatives of the
British shipping industries. The Financial News states,-in fact, , that an important Parliamentary Committee dealing with Imperial Affairs has now turned definitely against Mr Walter Elliot’s quota schemes for Empire meat and dairy produce, and that Mr Elliot, the Minister of Agriculture, would find the utmost difficulty in securing adequate Government support for his proposals if he should again urge their
acceptance. .What justification there is for this somewhat sweeping statement remains to be seen. Yet among those who, are in close touch with the various marketing boards it is held that official opmion on the subject of Dominion quotas is being considerably modified. There is accumulating evidence that former advocates of “quotas all round are being badly shaken by the refusal or prominent Members of Parliament to accept this policy as a solution of the difficulties of the British farmer, particularly while agreements with foreign countries relating to food imports remain in force. Home Butter-Making. Nor are the former advocates quite so sure as they were about the economic reactions of Dominion quotas. For example, Mr Elliot himself, who recently asked point-blank whether he proposed to increase the present .negligible total of butter factories in the United Kingdom, gave a straight No in reply—plain proof that whatever may be the expectation from butter quotas and subsidies, it is not the development of a home industry. In fact, the last thing in the world that Mr Elliot, the officials of the milk marketing scheme, and the National Farmers’ Union, wish to do at the moment is to give the British dairy farmer an opportunity of falling down on organized butter-making, and so .to have to explain to the world why, with all the advantages of reasonably cheap land, highly efficient transport, proximity to market and valuable goodwill, home butter-making does not pay. On the other hand, there has been a substantial increase at home in the manufacture of cheese, condensed milk and other dairy products the manufacture of all of which is far more suited to the conditions of British dairying than is the manufacture of butter. Numerous supporters of the Government who are at present embarrassed by the parallel existence of a Board of Trade policy which seeks to encourage foreign trade at the expense of our Home and Dominion farmers, and an agricultural policy which menaces Empire trade relations, might welcome with open arms a compromise which retained for the home farmer a greater share of certain dairy manufactures and at the same time assured to the Dominions, an increasing share (at the expense of the foreigner) in the market here for other dairy manufactures. Dominion’s Success In Lancashire.
The New Zealand Dairy Produce Board is now completing its sales campaigns in Manchester and Salford, and has just opened a special exhibition of Dominion butter and cheese in Rochdale. There were 170 entries for its competitions for grocers’ window displays of New Zealand dairy produce in Manchester and 120 in Salford—gratifying totals in both cases. Newspapers in Manchester have paid particular attention to the campaign, stressing the fact that, in return for the free entry of her dairy and other produce into the United Kingdom, New Zealand grants free entry to many kinds of British manufactures, including Lancashire In a leading article entitled “A Good Customer,” the Manchester Daily Dispatch strongly urged Lancashire housewives to respond to New Zealand s appeal for trade reciprocity.
Copper— Standard spot 28 4 4£ 28 0 7i Forward 28 9 4i 28 5 Electrolytic 31 5 0 31 0 0 to 31 15 0 31 10 0 Wire Bars 31 15 0 31 10 0 American — 9 cents Lead— Spot 10 8 9 10 8 9 Forward 10 11 3 10 10 0 Spelter— Spot 11 6 3 12 1 3 Forward 12 3 9 12 3 9 Tin— Spot 232 9 4i 232 2 6 Forward 228 18 9 228 18 9 Silver— Fine, per oz 245-8d 24 5-8d Standard, per oz. 26 9-16d 269-19d Jan. 18 Jan. 25. £ s. d. £ s. d. Pig Iron— Home trade 3 7 6 3 ■ 7 6 Export trade 3 2 6 3 2 6 Antimony— British 77 10 0 77 10 0 Foreign 58 5 0 58 15 0 Molybdenite 1 14 6 1 14 6 Wolfram 1 18 9 1 17 6
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Southland Times, Issue 22491, 28 January 1935, Page 2
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3,720COMMERCIAL Southland Times, Issue 22491, 28 January 1935, Page 2
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