Business Gossip

Sun (Auckland), Volume I, Issue 181, 21 October 1927, Page 12

Business Gossip

Patea Freezing Company Lom*.Operations of the Patea Freezing Company for the 1926-27 season resulted in r loss. The profit and loss account show a debit of £5,675 Ss lid. London Tallow Market.—Under ilut October 19 the London office of Dalgety and Co., Ltd., cabled as follows:—"Tallow.—B46 casks were offered and practically all sold. Mutton in general was Is higher; other descriptions, 2s higher.’ English Wool Market Firm.—The High Commissioner for New Zealand, stationed in London, cables as follows: Wool—The Bradford market has a firm tone. Business in crossbred is mainly confined to this year’s requirements, and yarn quotations are firmly maintained. Quotations for tops are unaltered at last rates quoted, except for 40’s prepared, which are now quoted at Is 9d a lb. Sales on Southern Exchanges.—Press Association messages give yesterday s sales on Southern Exchanges as follows: Wellington—si per cent. Government Bonds, 1933, £lOl 7s Sd: National Bank of Australasia (£5 paid), £8 12s. Christchurch—New Zealand Government 4J per cent. Inscribed Stock, 1938. £96 7s 6d; 5* per cent. Bonds, 1933, £lOl 7s 6d; Bar.K of New’ South Wales, £44 12s 6d; Bank of Nexv Zealand, 57s 9d; National Insurance, SOs (two parcels): Dalgety and Co., £l3 10s, £l3 11s; Dalgety and Co. (new’), £l3 2s 6d. £l3 Is (two parcels). £l3 Is 6d: New Zealand Breweries, 445: Commercial Bank of Australia, 28s ed. Christchurch Gas (new. 5s paid_), 6s W. Canterbury Frozen Meat, £7 1-* Dunedin—National Insurance, 80s: of New Zealand. 57s 9d; New Zealand Drugs, 64s 3d. Companies Registered—One privateand one public company were registered g Auckland yesterday. Details ape: T~; F. Bennett, Limited. Objects: To on the business of auctioneers, estate and financial agents and varosrsCapital: £IO.OOO. divided into 10.000 *• shares. Subscribers: Charles F. Bennex - 9.999 shares: Clarissa A. Bennett, on share. The Employee Partnership insutute (N.Z.). Limited. Objects: To pro mote and encourage the adoption or e ployee partnership throughout the ® ness world. Capital: £2.000. divided I shares of £1 each. Subscribers: Henry Valder. Ronald M. Algie. Robert A. law, James A. Gentles, Arthur Jchinson, F. G. Dalziell, F. S. Karty J. H. Bell. 10 shares each: F? G. R. Hart and Horace Belshaw, o share each. MINING NEWS WAI Hl.—The following informatio" lias been cabled to London: Jo the -.. level of the Empire lode, at 08 so in the crosscut at a point 600 on the Martha lode, we have dnr-n the west 24 feet. The average jr w value is 31s 9d a ton. The a about five feet wide. The No. .. <hdrill hole is now in 2«2 feet, in si tic country rock LONDON MARKETS By Cable. —Press Association. —Cop!/r*0 kl - LONDON. ednesdaj • Wheat.—Cargoes are weak, in pathy with North and South Af down . advices. Quotations are txl to inv . Parcels are in moderate reque. October, lar declines. Liverpool and 10s 2 1-Sd per cental: Decembe March. 10s 4d: May. 10s - o-»a-Tallow.—At the London tallow to-day £36 casks were offered a sold at Is to 2s advance. Fine ” 38s; medium. 35s 9d per cwt. fine IPs 9d; medium. 35s.—A- and N-e-