Business Gossip

Sun (Auckland), Volume 1, Issue 46, 17 May 1927, Page 2

Business Gossip

Gisborne Gas Dividend. Th dividend of 5 per cent* £2,670, half of which has is recommended by the dire!, the Gisborne Gas Co. in the?' OCS report. £63 12s will be added a ° tgeneral reserve and £I,OOO carried 1 New Companies.— Yesterday private companies were reei.st._2*’ Auckland. They were: Broww?V Bus Co., Ltd.—Capital: £2.000 i shares. Subscribers: M. \y if ; and L. A. Turner, SCO shares R. F. Grau. 400 shares. E Properties, Ltd. —Objects. To arc" and sell or lease real or personal if’ perty, etc. Capital: £2OO, i. , shares. Subscribers: F. X. Lanri ' C. Bennett, 100 shares each. 6a: Turbine Valves Contract 4n me for the supply of a Larner-Jow type valve equipment fur centre!? the supply of water to the two ’it h.p. turbine units which are beinr K ' by Sir \V. G. Armstrong, Whi? Wo l r : and Co., Ltd., in connection with n Waikaremoana hydro-electric seh?~ has been placed with the English of J. Blakeborough and Sons, L-~ states a recent bulletin of the Brir Department of Overseas Trade, tv is the third order for large turbin' inlet valves secured by this firm the New Zealand Public Works nf partment. Nitrate Supplies.—ln view of #, world-wide demand for nitrate of sous a fertiliser and the increasing asof synthetic products, the Chilean Min' istry of Finance has made a statenwcthrough its consuls that, zealous itnational welfare, the Government w omit no sacrifice which will ensure :h. Chilean nitrate of soda may comp:-, successfully with synthetic product, and so regain its former position. £ the moment the Government B pledged to a programme to give at impetus to the industry, which will t' announced at an early date.