Business Gossip

Sun (Auckland), Volume I, Issue 163, 30 September 1927, Page 12

Business Gossip

Moanataiari Gold Mining Company The management of the Moanataiari Gold Mining Cmpany advises that the new issue of shares in the company habeen fully subscribed.

Butter and Cheese.—Under date September 29 the London office of the Amalgamated Dairies, Ltd., cabled as follows: "Butter: First grade. 180 s; Anchor, 18-*-nominal. Some small lots, selling at 2s under. Danish, 186 sto 388 s; market temporarily ouiet. Cheese: 104 s to 105 s. Market very firm. Cheese advances increases to 9d.” Norden and Co., Ltd., advise receipt of the following cable from then London principals, dated Septeinber "Butter: Salted. 182 s: unsalted. l>6s: market quiet. Cheese: White and ©loured, 105 s; market strong. The Mamari and Port Dunedin are listed in the crrivals-

COST OF COASTAL SURVEY

PROPOSAL DEFERRED WOULD TAKE 20 YEARS (THE SUN’S Parliamentary Reporter WELLINGTON, Thursday. The naval authorities estimate that, with a properly equipped vessel, and specially trained personnel, the annual cost of making a fresh survey of the coasts oi New Zealand would be £50,000. The work would require 20 years to complete. This statement is contained in tne annual report of the Marine Depart* ment. presented to Parliament to-da} - It is agreed that a resurvey of those portions of the coast which have ha no later survey than that of the P eno 1848-55 is desirable, but not vital. has been decided that the propose should be deferred until circumstance are more favourable. . The question was taken up Admiralty by the Prime Minister wn - he was at the Imperial Conference, was learned that no Admiralty '' e -- was available for the work. an “, Admiralty would not accept tor Aam ralty chart purposes any survey ‘ not the work of naval-trained nel. Tenders were invited for a k sel of a type suitable for the -• the prices ranging from ; £58,000, exclusive of the cofit Qt? veyias and Qtfcfir ppecia*