COMMERCIAL

Stratford Evening Post, Issue 100, 6 September 1929, Page 8

COMMERCIAL

HAURAKI MINES CONSOLIDATED, limited. The manager reports as follows: — “As per telegram, 201bs of rich specimen stone were won from the stopes on the Stockwood '.Reef at tea ; < ) 400 ft. level. It consists of broken pieces embedded in dry tough pug lying on the hangingwa.ll of the reef. Those pieces are coated with a thin secondary deposit of shies partially covering the gold, which is strong and leafy. It is evident that these fragments were groken from the reef high up by an earth movement and dropped into what were then open spaces in the fault, which later became cemented with the eroded material now forming the pug formation on tli© hangiugwall of the reef. It this theory is reasonable, then better results should be obtained as stuping proceeds. At the seaward end the Green Harp reef is being followed from the deviation drive towards the Stockwood reef, which has been driven beyond the distance in the main level; the reef and country rook arc very favourable for gold. Cleaning up at the batter is proceeding. No more reef will be taken down, where the gold was got, for a few days, as the stopes at both ends have to. be carried along to level up the block, the incoming waiter is gradually getting ack to its normal flow. Shaft sinking operations can I>© resumed at any time now”.

SHIPMENTS OF MEAT FROM SOUTH AMERICA.

I The New Zealand Meat Producers’ { Board ha's received a, cable from its A representative at Buenos Aires, South America, advising the following shipments to the United Kingdom for the fortnight ended 29th August, 1929, from Argeutne and Uruguay, .(the figures do not include exports from Patagonia, Chile or Brazil) ; 199.950 Quarters Chilled Beef. 3,000 Quarters Frozen Beef. 76,080 Carcases Frozen Mutton. 143.950 Carcasses Frozen Lamb. The quantity shipped to the Continent of Europe for the same j period was as follows: 60,624 quarters frozen beef; 9.500 carcasses frozen mutton - 1,530 carcasses frozen lamb. DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company Limited has received the following advice from its London office dated, 4th instant:... Dairy Produce. (Last Week’s quotations in parentreses) : BUTTER: New Zealand Choicest Salted, 178 s to 180 s per cwt (175 s to 176's per cwt). Market quiet CHEESE, White: 91s to 94s per cwt. (92s per cwt). Cheese, coloured : 93s to 94s per cwt (93s to 94a per cwt). Market weaker. TALLOW. LONDON, Sept. 4. At the tallow sales 1303 casks were offered and 195, sold. Prices i are unchanged.