COMMERCIAL

Southland Times, Issue 25314, 18 June 1935, Page 3

COMMERCIAL

NO DIVIDEND RECOMMENDED. CONSOLIDATED BRICK AND PIPE INVESTMENTS LTD. (Per United Press Association.) Auckland, June 17. Consolidated Brick and Pipe Investments Limited made a net profit of £4234 for the year ended May 31. The directors do not recommend a dividend. MINING REPORTS.. SKIPPERS LIMITED. The secretary of Skippers Limited reports that advice had been received from the mine manager that a wash-up has taken place on Friday which producer 96 ounces of gold. The paddock was uncompleted owing to the frost that has set in, which froze the water race. The whole paddock was ground already worked before by the old miners’. JUNCTION REWARD GOLD MINING COMPANY. The Junction Reward Gold Mining Coy. report a wash-up from the fourth paddock of 13J ounces for approximately three weeks’ work. WAITAHU. (Per United Press Assqciation.) Dunedin, June 17. The manager of the Waitahu Goldmining Company, Ltd., reports that a further partial wash-up from the No. 3 paddock on Saturday realized 50oz 17dwt. The previous return was on May 30, since when the elevator has been in operation for 22 shifts of eight hours each. GILLESPIE’S BEACH. (Per United Press Association.) Dunedin, June 17. Gillespie’s Beach reports a return of 45 ounces for 135 hours. Bendigo Goldlight reports that in the first wash-up 15 ounces 6dwts were secured from the top material. OKARITO. (Per United Press Association.) Wellington, June 17. The Stock Exchange Association has been advised that the Okarito washup was 260 z 6dwt for 120 hours’ dredging. ■ GILLESPIE’S BEACH. (Per United Press Association.) Wellington, June 17. The Gillespie’s Beach wash-up was 450 z for 135 hours’ work. MATAKI RETURN. (Per United Press Association.) Auckland, June 17. The Mataki return for the week ending the 16th inst. was 31 ounces for 135 hours work. DAIRY PRODUCE PRICES. The New Zealand Dairy Board has received the following market report from its London office dated June 14, 1935;— Butter: New Zealand salted, 86/-; equals approx. 9.98 d f.0.b.; unsalted, 83/- to 86/-; deliveries New Zealand, 1157 tons; in stere New Zealand, 6088 tons; Australian salted, 84/-; Australian unsalted, 83/- to 84/-; deliveries Australian, 1552 tons; in store Australian, 8385 tons. Market firm. New Zealand retail price unchanged lOd. South Africa, 79/-; Irish Cream, salted, 84/-; Irish Cream, unsalted, 84/- to 86/-; Danish 101/- to 102/- spot, 78/- f.0.b.; Dutch unsalted, 76/- to 78/-, ex 83/-; Estonian unsalted, 78/-; Siberian salted, 79/- to 80/-; Polish salted, 73/- to 74/-, ex. 75/-; Lithuanian unsalted, 75/- to 78/-. Market firm. Danish retail price unchanged 1/-. Cheese: New Zealand white (approx. 4.63 d f.0.b.) 44/-; New Zealand coloured (approx. 4.63 d f.0.b.) 44/-; deliveries New Zealand, 15,131 crates; in store New Zealand, 165,160 crates; includes 6474 crates Wairangi; Australian white and coloured, 42/-. Market steadier at close. New Zealand retail price unchanged 6d. Canadian white and coloured, 62/- to 64/-; Canadian deliveries, 5110 boxes; in store, 47,255 boxes; English Finest Farmers, 82/- to 90/-; English factory cheese, 36/- to 44/-; South Africa white, 42/- (quiet).