SOUTHERN EXCHANGES
Press Association. Christchurch. —On ’Change: Ctxomerclal Bank of Australia. 29s 3d; Bank of New Zealand. 59s 3d (four parcels); Dalgety and Co., £l3 Is 6d; Howard, Smith, 29s 3d: New Zealand Breweries (cum div.), 445; British Tobacco, 38s 3d. Dunedin. — Reported: Bank of New Zealand, £2 19s 3d (three parcels); 1939, 4* per cent. N.Z. Government Bonds, £97; National Insurance, 15s lOd.
GISBORNE OILFIELDS
REPORT ON PROGRESS Press Association. GISBORNE, To-day. The Taranaki Oilfields Company reports that the Waiapu No. 2 well has reached a depth of 2,755 feet, iq light grey shale. An 81-inch drain casing has been put down 2,740 feet. Gisborne No. 1 well is clown 1,740 feet, in alternating sandstone and shale. An 81-inch drain casing is down 1,703 feet. The Gisborne No. 2 well site is ready, and the transport of rig materials is proceeding.
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Bibliographic details
Sun (Auckland), Volume I, Issue 226, 13 December 1927, Page 13
Word Count
142SOUTHERN EXCHANGES Sun (Auckland), Volume I, Issue 226, 13 December 1927, Page 13
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