Business Gossip

Sun (Auckland), Volume 1, Issue 142, 6 September 1927, Page 2

Business Gossip

Cheese Market Firming.—-!-September 5, Speddir.g and Go. n» ~ ceived the following: cable ‘ T P m . London principals, Henry A. L>an * Il , r - Co.:—“The market for Canadian has advanced to £4 18s 6d to The market is strong.” Murchison Oil Co.—The latest from the Murchison Oil Co. s bor« f follows:—Repairs to the boiler completed. Drilling was in Thursday and the depth is now i alternate bands of sandstone, “•}* *ad and mudstone. The hole is o l * standing up well. Alburnia G.M. Activities. — the Alburnia G.M. Coy. report * pretory developments in a report to u (i * ltre . sented to a general meeting®* o** holders at an early date. tb* is being recovered at severalpar» mine, and the development t to• it* a very encouraging nature, sw * es* report. Progress has been slo* pensive on account of the nara of the ground. The main cross* un der completed should bring operati o the rich patches which were io* worked overhead.

SOUTHERN EXCHANGES

YESTERDAY’S SALES Wellington.—4l per cent. stock. 1935. £96 ss: Bankof m* 58s; Union Bank, £ls; Wellington len (ord.), £5 17s 6d; Wilsons Christchurch. —New Zealand I*** ment 4£ per cent. Inscribed *>»' l**. £96 ss: Bank of Adelaide. j National Insurance. 765; IX dsotL ;e , Sss 6d (2 parcels); Watti. 1* I New Zealand Govi rntnent, JL * * Inscribed Stock, 1933, of j Xw Zealand. s>s: National j tralasia (£lO paid). £l7; i Molt, 455; P. and O. (del. stock;. >