Business Gossip

Sun (Auckland), Volume I, Issue 169, 7 October 1927, Page 12

Business Gossip

I I Waitemata Power Board Debentures.The Waitemata Electric- Power Boards recent debenture issue, ottered to the public in respect of the £20,000 supplementary loan, has been over-subscribed. Butter and Chesee. —Under date October 6 the London principals of Norton and Co., Ltd., cabled as follows: S*f Zealand butter, salted lsos, unsalted IS%; market quiet. New Zealand cnee*, white and coloured 105 s:. market The Tamaroa has arrived Sales Under Registrar.-—The nanil* of properties sold by registrars « ®* Supreme Court under the Property la* Act, 1908. and The Land Transfer An. 1915, during 1926. was 841, of S. value of £1.368,374. The amount d mortgages held over these properties we £1,383,659. The largest amo “| s * *7. Totals were: Christchurch, totals were: Christcnurch, £IOS Hamilton, £170,599; Palmerston NOW. £111.758; Dunedin, £45,900; InverrjW £32.632; Napier. £6l ,W;_ .Mg £ 66,91 4 ; New Plymouth. ,Tf2l £96.204; Wanganui, £95,122; Wollingw£s7,Bl3. Kauri Gum Prices—A return of P * secured by it for gum durio* the P* '"ortnight. is supplied by the K*un u Control Board as follows seven-eighths scraped, 14ou “ ‘ U ewt.: three-quarter scraped, ISohto 1 „ ordinary, 75s to 85s: good ordimry, m \o 100 s; washed nuts, 60s to .5s en. arid dust, 25s to 40s. Ba< \ k **Jt m scraped. 180 s to 180 s: washed steea. to 90s; ordinary, S4s to 425; go®** “V, 50s; good sifted chips.. -e» ’ jjJtb and dust, 14s to 16s. Chalk, good, 355; poor, 26s to 2Ss. MINING NEWS WAIHI. —The following been cabled to London: For th® Pfvi: ending September 27. 18,258 were crushed for a result of ounces of gold itnd 26,944 silver. Included in these 2.SOS tons of ore mined from tne Junction area, which yielded 922 of gold and 2,627 ounces of sliver- * 3 diamond drill hole is nc ' w ,J? w '‘av** l in andesite country, containing <*** stringers. OC Cl D EN T AL -U N A—The intenn^ ate level on the footwall d r 'Pher ™ w driven 50ft. The quartz shown gold for the fuU dt-stanc - last week we cut an °* h ® r , * sr intermediate level, which lujs pearance of making gold. th# nir to intersect the No. 1 reef on • & gold has been extended 12ft. two flinties crossing the lace. should run into the reef as we aa HAURAKI CONSOUBATSOrff manager reports as follows: 5h ing operations are now urder it is expected to lire out th ® of holes this week. The eithe Hauraki north section fiir . tended 20f . for the week. ther 20ft. lo reach the estimated \ of the Welcome Find reef. SYDNEY WOOL SALES BIDDING VERY KEEN By Cable. — Pees.: Association. — CofP* SYDNEY, T »n“» 4 *T. .At the Sydney wool » s petition was particularly to tb* better descriptions at prices for best rates of the series. Tne d »t faulty wools was irregular aT !r 5 110 *ok times were easier. Greasy * to 30d, which was the top !« lce .series.—A. and X.Z. WORLD’S WOOL INTERNATIONAL CONFE*® 4 * By Cable.—Press Association--* LONDON. I A message from Austria, says the Internatfcna ; -feronce, at which Aust Jf e chain**? rented has been opened. V 4ce-J rf ®~ I ;s Herr Rudolf Tel! T h i dent of the German Text! • Sm Tn a discussion on mark IV a Tulloch. of Bradford, refer-va * made Dy a New Zealand n* had produced a scourabl® tr ii c vas very important if r"LjE*lo« £ discussion of a composite rew Wr garding international StaU» journed.—A. and