COMMERCIAL

Evening Star, Issue 7248, 27 June 1887, Page 3

COMMERCIAL

Tie amount of revenue collected at the Ouiiton' bouie on eoods cleared to-day for consumption waLO4O Gs sd.

We hear that the new dredge (Welman's patent) on the Molyneux has struck payable gold. Tho ' Lyttelton Times' states that 250 shares in tho Midland IV i.way Company have been sold in Christchurch during the month at par (L 4 paid up). At a meeting of the policy-holders in the Australian Mutual Pro-ident Society, at Sydney, on tho 9;h inst, the following important alterations of by-laws were made:—Tho amendment that local directors over seventy years of age be disqualified from sitti g on the Board was pa-sul. Tne by-laws relating to voti g for director' we e amended to allow members of the S-, ciety in other colonies a longer period in which to lecord their votes. An additional clause withreg.rd ti tho investment of the Society's fund was parsed. This clause allows the Society to invest money upon thp security of city or municipal borough rates, tolls, or duties raiseable or mado charycable by authority of any Act of the Australian, Tasmanian, or New Zealand Parliaments.

TiIE LABOR MARKET.

Mr Skene reports this being the dullest seoson of the yea-. A few country people are always mo ing iff at the following rates : Milkots, Bs, 10s, 12iCd, and 15.3; grooms and gardeners, 255; ploughmen, 20s and 17s (Id per week ; laborers, 15s; buthmen, 20 ■ per week, anil 5s and 0< per cord ; coupl. s LGO to LSO ; ' tatioii carpenters, 255; u.untry smithj 30s; cooks, 20j.

MINING NOTES.

The Reef ton returns for tho past week are :-Globe, C29oz amalgam from 190 tons (general clcaning-up); Progress, 12305 iof amalgam; Welcome, 020.Z of amalgam from 84 tons of stone ; Hopeful (.tribute), U7cz; Big River Extet.ded, 37i 7. of gold from 40 tons of stone.

The Gallant Tipperary Company, at Shotover, obtained a cake cf 58' 7. 3dwt of retorted gold. An old Southland resident, writing to an Invcrcargill friend under da'o Perth (w,A.), May 18, says : " We are getting some liorrbile accounts from Kimberley just now. They have plenty of water, but no gold ; the rivers are flooded, 60 that there is no communication with the totvnship. Mr Piice (warden) wrote a letter which was published in the papers here, in which ho says that they are overtaken by all sorts of calamities and are starving. He also says that thj Governmo.it will have to remove some of tho people, as they cannot help .themselves, and he fea>s that some outrages will be commute! by the men in their p tsent s'atc cf niind. A hge i.umber have clicrt on the field."

Mr W. Watson has received a telegram from the legal manager e>f thu Keep-it-Dark Company, stating that the conditions on which the mine ia to bo sold at Homo are : Hi it an E glißh company is formed with a capital of LIOO.OOO in 20,000 shares of L 5 eaeh. The amount to te paid is to bo L 50.000 in caßh and L 25.000 in shares with L 3 15s paid up, which would bo equal to one-third of the shares.