United Marsh Timber lists on the Vellmar Exchange as TBW
The shares were marked on the board before eleven. The first trade was for a small line.

Reported from Vellmar. United Marsh Timber lists on the Vellmar Exchange as TBW. Dealing was steady and the first price was called at noon.
Those in the trade at Vellmar spoke of the matter guardedly. A peat cutter on his way home observed that a counting-house is a counting-house whoever's name is over the door.
Those concerned: The Vellmar Exchange (venue); United Marsh Timber (subject).
The Grand Chancellor, Nadja Maller, has been briefed.
The Herald will follow the matter.



