COMMERCIAL

Evening Star, Issue 7281, 4 August 1887, Page 3

COMMERCIAL

T ie amount of revenue collected at the Customoouse on goods cleared to-day for consumption wts L 1,361 18s lid.

The annual balance-sheet of tho Wellington Meat Export Company recommends a dividend of 8 per cent, absorbing L 1,082, and carrying forward LSO During the year E0,601 sheep and lambs were frozen, being double that of tbs previous year. The scarcity of shipping space, hitherto such a drawback to the frozen meat industry, it may be hoped is now at an end—Shaw, Savill, and Co. having largely Increased the frozen storage of their vessels, while an additional lino of steamers has been established. The report continues; “Itisto be regretted that the low prices now ruling in England for fr. zsn meat ate likely to result in a loss to shippers, and some improvement in prices is earnestly to bo desired. In the meantime it evident that charges of every description must ho cut down to tbe lowest possible limit.” A commercial man in Oamaru haring made inquiries of a firm in Hobart what would be tho charges lor landing certain goods in Oamaru and Dunedin respectively, the Hobart firm, in giving tho rates, excused the higher rates for landing the goods In Dunedin in tho following words“ You are aware that Dunedin is a much more expensive port than yours, and bonce tho higher price; and there is also not so good a chance for vessels obtaining an outward freight.”—’Mail.’ The Committee appointed by (Jic shareholders of tho Wellington Woollen Company to inquire into the Compands position have exonerated the directors from the charges made against them at tho annual meeting. Mistakes had been made in the mechanical department, and sums of money wasted in that department, but such mistakes wore incidental to starting n w concerns.