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COMMERCIAL.

The amount of revenue collected at the ooatom-house on poods cleared to-day for consumption was LJJQ 4s 6d.

We are glad to record that tho prices of all kinds of produce are being maintained, and that business in tho ordinary commercial lines is fairly good. As showing the increase in our exports, the wool, frozen meat, and timber from Hawko’s Bay district alone exceed in value one million sterling, or 30 per cent, over last year’s returns. Several other districts have a similar increase, and evidence the productiveness of the colony. _ We hope, therefore, to soon see a largo accession of settlement. — 1 Prices Current.' Tho returns of immigration to and emigration from the colony for April show that the departures exceeded the arrivals by 495. Tho arrivals aud departures were : Arrivals. Departures. United Kingdom .. 131 317 Now South Wales ~ 352 691 Victoria .. .. 446 511 Queensland .. Tasmania .. ..50 23 Other places .. .. 119 131 Total .. .. 1,098 1,693 PROPERTY SALES. The Perpetual Trustees, Estate, and Agency Company of Now Zealand report the sale of the following properties; Part of section 49, block 12, Dunedin, fronting Rattray street, with four cottages, for L 645; section 34, block 18, Dunedin, corner of Cargill and Albert streets (unbuilt on), L 67 5; section 21, block 14, Chatton, containing 108 acres, at L 3 5s per acre. THE AUSTRALIAN MARKETS. Messrs Dalgety and Co. have received the following cablegram from their Sydney branch, dated 16th May: quantities are offered, but demand is dull. Market quotations are—Prime Tuscan, 4' 01; Hunter’s, 4s 6d. New Zealand feed oats, 3s 3d (market likely to remain dull). Onions and potatoes : Market firm, without change in prices. Oaten chaff: Market firm, with a good demand (L 6 10»).”

MINING NOTE. Mr Edward Lawrence’s party, at Carrick, crushed lately about ten tons of quartz, getting 40cz therefrom. Tho crushing was done by a “dolly.” The Cromwell Company aro at a standstill, the miners having refused to adopt tho proposed new method of working—viz., six hours’ work and twelve hours’ spell, equivalent to forty-eight hours per week. For this they were offered L 8 ss, with a bonus per foot sunk over a given amount per week. Working in the shaft is very wet. The Jubileo crashing did not come np to expectations by|a long way, and for the present work is at a standstill.—’ Cromwell Argus.’

|6t Telegraph.] New Plymouth, May 17.—Considerable inquiry is being made for land in tho centre of the town, and yesterday a vacant block was gold for L4O ft foot for building purposes. Sydney, May 17.—Tho wheat arrivals for the week are:—From Now Zealand, 2,033 tons; from the other colonies, 145 tons.

Melbourne, May 17.—New Zealand prime malting barley, 5s B£d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890517.2.23

Bibliographic details

COMMERCIAL., Issue 7909, 17 May 1889

Word Count
455

COMMERCIAL. Issue 7909, 17 May 1889

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