COMMERCIAL.
The amount of revenue collected at the Customhouse on Koode cleared to-day lot consumption we LI.OU 8s Bd.
The ‘Lake County Press’ states that a wayside hotel keeper near Cromwell recently had occasion to seek the protection ot the very liberal bankruptcy laws of the country. He duly met his creditors, and made at) offer ol 3a In the £. The creditors asked 4s. The debtor remained firm, and his property was sold by auction, with the result that the estate will now pay at least 12a (Id in the .£ ! The ‘North Otngo Times’ hears tint the Hon. H. Campbell intends shortly to cut up into farms of vaiicna sizes a porticn of his property close to Duntrooe, and it is also said the terms will tie such as to induce their being taken up. The rate of interest on the purchase moneys unpaid will be less than haa previously mind in New Zealand - in fact, will fall easier on purchaser! than if they enj ived all the hermits of Hr Ballance's L>nd Acqui-ition Bill. THU LONDON MARKETS. Messrs Dalgety and Co. have received the following cablegram from their head olllce, dated London, 16th intr.“ Since our last telegram of Ist April the tallow market is 01 per cwt. lower." MINING NOTES. Writing on the Croydon goldfields, an old Dunedin resident says Every claim that gnei through the machine yields from 3oz to 8oz; some have given 13oz. In three weeks wo crush 301 tons. Our last crushing yields 100 iz, but the proceeds (valued at L 350) were stolen from an iron house bui t for the purpose of sioring our specimens. At present (March 7) nobody oan travel, as the country is all under waters. The carriers loaded with goods for Croydon are all stuck on the roads, and likely to to for five or six weeks There are some 3,000 people on the field, and plenty more coming daily There is no doubt it will be one of the biggest goldfields that has yet been discovered in the colonics. It was discovered by W. C. Brown, a squatter, who belongs t» the Croydon Station," Tho following are tho Rcefton battery returns for the past week: -Globe, 408oz o! amalgam from 190 tons of stone ; Kecp-it-Dark, 3140z ol amalgam from 195 tons; Welcome, 4210z of amalgam from 90 tons ; Just-in-Time, 2looz ef amalgam from 100 tons; Nil Desperandutn, lC3oz of amalgam; Progress, 185oz of ama gam from 70 tons. The Phoenix mine at Skippers obtained 2Cooz of retorted gold for ton days’ crushing.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD18870418.2.34
Bibliographic details
Evening Star, Issue 7189, 18 April 1887, Page 3
Word Count
425COMMERCIAL. Evening Star, Issue 7189, 18 April 1887, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.