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SOCIAL & GENERAL.

• Ite some time past in our monthly %»mmiif»7<y have stated the indicattooe pointed to speedy revival of pros: paa&f. So far; as the agricultural and communities —the backbone of the minihj inn concerned, brighter times have already set in. The improvement c< the Home markets for wheat, froaen meat, and wool, had a marked effect en tins colony, those being oar staple yrffhfU l , and now the drought in New fkmfh Wales has occasioned a very active «Wm«i> for produce of all kinds. The price of -wheat has been raised, < jgoenee beyond wfcafc was being paid for shipments, and during the last few j days the market has been most active. 1 Boer, oats, beans, peas and farm, produce i of every kind hare moved in sympathy. T3» latest accounts from the Australian continent showed a most deplorable state o£ thing* in most of the colonies. The czops are represented as being utterly i«Sned & many disiyicta, and although tiie i advent of rain wonH at once bring about '■ most marvellous transformation, as it does, yet there wwiaiw encry prospect : of an active demand in Australia for our 'prodace for some time to come. In connection with commercial matters itcaay lie' mentioned that an Ekeir to be beneficial to all parties, has : teeaxoade between the combined Shipping 1 OamfMaies and the Canterbury Frozen Mat Company for the nest two years for £he conveyance of their meat to England. 9Ehe Company guarantee a ™i>?mnn» of 305,000 aheep annually, the Shipping Com* fanes undertaking to carry all that the -works can turn out, the rate of freight to' ,4>e —lor beef lgdper pound, for mutton lid, Wd for lamb lad. i The Canterbury Carnival "Week this year was a thoroughly successful festival, goite in harmony with the increased feel-. tug of* contentment which come over the community with tie revival in prices, fie Agricultural and Pastoral Show was probably the best that has ever been held bare* The display of sheep was exceptionally fine, both as regards numbers and qoality. In cattle all the classes were well BQed, and the numeroae exhibits were of a a> jgh gfazuiaxd. Des.Tte the fact that the ■weather was unfavorable, there was a large ■ttfflrtwtoeof tfee pubbc Nβ fewer than 34,000 persona paid for admission to the grocnda qb the second day, and including ezidbitors, attendants and other holders of Cree passes, it is estimated Siat ttiere laust 3omp« been fully 18,000 persons on the ground. 'Die Canterbury JbckeyClub's races also pawed off with exceptaonai 4<£&t. Sis Ei-*vT\e-nrj the Govcx&or was present on all ihcee days of ti* meeting, and there was fltJarge atteßdance-of thepobU*, attfaoogh, aeta £he«aee of the show, the weather was not very £a*TOrakbie. The racing was of the most interesting it would -fee difficult to get better sport oa any -eooxsfrin the world. The feature of the was the sensational victory of Mr &. Batter's Maston, who carried off the befcfe ermxb— the New Zealand Cup, the ttcrbr, and the Canterbury Cup. The j trimuplx of the owner was very popular end wSI deserved. The winner ie a fusion at lfadcet, Tradneer, and Sir Hercnles jbfcMd.e» "Wfa» of wWAfcM been fre£«.Wiim» «m» am,mm of t»e »««fXW». J.E jSSTßiffiriri ff'-f —*- nmA-more , at-any preraour^neetoe,

nearly all the investments being made through the medium of the totalisstoT. No less than .£29,600 was •'passed through , the maritime," as it is termed, during the the seating. The nranber of the applications for the new issue of afcsxee in t2» Bank of Hew has been pebHshed eince we last r wrote, sad the result has been as we-olxi [ pated—-that the amount available he been largely over-subscribed. Twenty - five [thbwwpirlriiareß were offered, and lie nnm--Ipr actually applied foe in New Zealand and the Australian Colonies was 35,230. In Trwfrmg the allotment ifc is understood that first of all old shareholders receive without premium one new share for every old share held by them. The rest are allotted at .£1 premium, in toe proportion of one-feaif of those-applied for, applies.; tions for six shares or less being excluded. Since'the result of the applications has been made-known, the new issue have sold locally at £1 2s Gd premium. "We havetb record with regret the death of Mr John GuEy; a very able landscape artist, who has done more than any other to make known the beautiful scenery for which JKew Zealand is famous. Scarcely any part of the colony was unvisited by him, and he was particularly happy in depicting the characteristic features of our New Zealand landscapes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18881128.2.4

Bibliographic details

Press, Volume XLV, Issue 7215, 28 November 1888, Page 2

Word Count
757

SOCIAL & GENERAL. Press, Volume XLV, Issue 7215, 28 November 1888, Page 2

SOCIAL & GENERAL. Press, Volume XLV, Issue 7215, 28 November 1888, Page 2