COMMERCIAL

Evening Star, Issue 7333, 4 October 1887, Page 3

COMMERCIAL

The amount of revenue colleoted at the Customhouse on (roods oleared to-day for consumption was L 2.168 03 Bd.

The Yankee ructioneer (Ellis Newton) offered L2l,oOocißQ for the Adtlaide Aroade, but it was. refused.

From, til; immigration returns supplied i? 9 by Mr Macd'?nnell, we learn [tut duiing the month ended September 31 on'y one parson arrived from the United States.

The report of tho Victorian Railway Commissioners for 1886 87 show that the gross receipts frotn work in? linos w.-re L 2.453 077 and the expenditure nnd the balflnco af er naming interest was reduced to L' 0,457. The net revenue gave a return of 3.92 pjr cent, on L 26,171,609, the total experded capital on a'l lines; cf 1 IS per cent, upon L'2l (105,859, the t;tal expenditure on lines qpencd ; of 4 05 per cent, upon L25,3C0,7G8, the total debenture capital; and of 404 per cent upon L2 ',119,615, the total d benture capital expended upon lines opened. The inccase in the revenue over the total returns for the previous twelve months was 1123,951 13s 3d, and the increase in expenditure L 110.578 03 6d. The Commissioners '.xplain that these two amounts almost balance each other, beeiijse cf the reductions madeinpa c nenger fa-es and goods freights. Th"se concessions dirccily affect tbe net profit, inasmuch as the cost of conveyance remains tbe same. Tho reductions are said to be cqkalent to 10.19 per cent, of the gross revenue of the year, and it is mentioned that the Coiniiissioners in granting them hive oontinued the policy initiated by them afcer they took office. MINING NOTES. A public meeting at Hamilton (Auck'acd) urge the Government to take stepj to secure to the public the full benefit of the rec?.nt (lid at Waitoa A rumor is current that gold has been discovered at Pukekohe West.