TRADE SLOW

Dominion, Volume 32, Issue 143, 13 March 1939, Page 12

TRADE SLOW

London Butter Market By Telegraph.—Press Assn.—Copyright. (Received March 12, 6.30 p.m.) LONDON. March 11. Butter trade has been slow but importers have little on hand, so that prices are comparatively steady. Cold store stocks are still heavy but in view of the light arrivals in the next few weeks, the position is regarded as not unsound, though Continental production is beginning to increase. Martha Operations The following information has been cabled to the London office of the Martha Gold Mining Company (Waihi), Limitcd *—• No. 3 level: IT, branch vein: At 102 ff. in the Lovett south crosscut, drove to west on this 36ft.; reef small, value low, driving stopped. K, branch vein :At 270 ft. in Lovett south crosscut, next 12ft. of driving cist assays 45/- a ton, based on a stoping width of 4ft.; driving west, the next 19ft. assn'ys 25/9 a ton, based on a stoping width of 4ft. African Gold Premium Replying to a Nationalist proposal in the South African House of Assembly recently, that the Government should appropriate half the gold premium, the Minister of Finance, Mr. N. C. Havenga, said that the step would necessitate the closing of many older mines, and would cripple some of the newer mines. 'The premium had encouraged the exploitation of many areas where mines were being worked at great depths. London Rabbits Market By Telegraph.-Press Assn.—Copyright. (Received March 12. 6.30 p.m.) LONDON. March 11. Rabbits are neglected. First large, exstore, are quoted at 17/-, nominal. AUCTION DIARY TODAY. 8- Willestou Street, 11 a.m.—Damaged Cargo, ex Opnwu (Johustou ntid Co.). Woodville Sale. 12 noon.—. Mixed Stock (Abraham and Williams Ltd.). Shannon Sale. I p.in.—.Mixed Stock (Abraham amt Williams Ltd.). 214 Lanibtou Quay. 1.140 p.m.—Sale or Household Furniture. etc., nee. De I.use Furnishing Co. (Johnston anil Co. i. 24 Buick Street, Pcioue. 1.30 p.m.---House-hold Furniture (Johnston and C'o.l. TOMORROW. At Citv Hotel, er. Majorlliuuks Street, to n.ni.—Hotel Furnishings, Carpets, etc. (Johnston and Co.). Levin Snlevtirds, 10.30 a.m.—Sale ol Horses ace. John McDonald, Esq., Canterbury (N'.Z, Loan and .Merc. Agency Co. Ltd.). Levin Sale, 11.30 a.m.—Mixed Stock, s Willestou Street, 1.15 )>.in— Household Furniture (Johnston and Co.). WEDNESDAY.

M-in.-ikau Hotel. Manakau. 10.30 a.m.—Entire contents of Hotel (Johnston and Masterton Sale. II a.m.--.Mixed Stock. Johnsonville Fat Stock Salo, 1 p.in.-Mixed Stock (Wright, Stephenson and Co. Ltd.).