Business Gossip

Sun (Auckland), Volume I, Issue 160, 27 September 1927, Page 2

Business Gossip

Auckland Amusement Park.—An optimistic tone prevailed at the annual meeting of shareholders in the Auckland Amusement Park, Ltd., held yesterday. The balance sheet, disclosing a satisfactory year, has already been published in THE SUN. Mr. H Halliday, of Dunedin, sounded a note of warning. He considered a greater gross profit should have been made the first year, and urged conservatism. On the motion of Mr. A. G. Lunn, the dire?tors were voted an aggregate remuneration of £TS«). The retiring directors. Messrs. J. R. McKenzie, of Wellington, and H IL Hayward, of Auckland, were re-elected. Preserving Home Markets. —The Victorian Millowners’ Association takes a serious view of the amended duties on flour in New Zealand, states a Melbourne exchange. It considers that the tracie will be injured to a very large extent- It is generally conceded that to the prot.ective policy of Australia the imposition of increased duties on Australian products ha:? been largely due Or the other hand, domestic resentment at competition has grown considerably in *ll the Dominions, and producers have been able to obtain political consideration on their behalf. In Australia, New Zealand. Carada and South Africa, the opening* for trade in competitive produce are becoming gradually narrower, tx the aut’of each country appears to he to reserve the domestic market for itself. Frozen Meat in London.—Th? New Zealand Loan and Mercantile Company is i n receipt of the following cable from London:—“New* Zealand lamb, 9 l-8d a■ (average). Mutton: Wether and inaiaen ewe. light, 6 3-8 d: heavy, 5 5-Bd. Iv*** light, sjd; heavy, 5d.“