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COMMERCIAL.

The amount of revenue collected at the Cust> ra-houce on i*oods cleared to-day for consumption was LBIC 19s Id. Mcfsrs Jam°B A. Paik and Co. held a rale of Mauritius sueare, exThurto, on accountof Messrs Scoular and Co., at their rooms to-Jay. Thero was a large attendance of tho trade and spirited bidding, tho whole cargo being disposed cf within half an hoif. The following were tho piices realised:—Snowdronn, L2312s 6d to L 24 ; finest whites, L 23 5s to L2JI2.HOJ ; fine whites, L 22 12s Gd to L 22 15s ; brewers', 12110'. MINING NOTI S T.ie Nelson Company, Blue Spur, hive formally resumed possession of their claim, the Consolidated Company having failed to meet the balance of the purchase-money. It Is not definitely known at present whether the Nelson Company will recommence operations in their claim or open up fresh negotiations with tho Consolidated Company. Negotiations are still pending between the Consolidated Company and the Waipori Watev-raco Company re the purchase tf the latter's property.—Mr T. T. Kitchio, representing a Sydoiy syndicatr, has be<n V'sitinc Waipo i electing a site for machinoiy to wo k the special claim taken up there lately. —' Tuapeka Times.' The eroimous output from Broken Hill is shown in tho following telegram giving result fertile week ended May 17:—" Brokea Hill Proprietary—Week's run, nine furnaces for three days and eight furnaces for fouv eliyp. Ore treated, 2,557 Um\ prrelucirg 481 tons of bullion, containing 1'3,55%z silver, being an aver,ig« of ofl 45.'Z per ton." A Bald Hill Flat correspondent supplies the 'Tuapeka Times' with tho foil iwing:— The directors of White's reef have di-missed for tho winter roontln all their baids with the exception of four, who are partly engaged in repairing the main tunnel and- in proFpectiug for the continuation of .a rich shoot of itone on the intermediate level. Owing to the water ncc being blocked through the last snowstorm, the battery has not yet been domed up The compmy'a op rations during the past few months have not been as successful as those interested could have wished.—Mr Wilkinson had a very siti-factory waning up lately; and Cmol an) party aro on a good run of gold.—The Belle and Beau claim (Kemp and Syme-,'s) at Butcher Gully hcß cosed work for tho winter. The dredge of the Big Beach Company, nt Shotover, is reported to br doing well—tint is to pay. it hj, biing proved that there is plenty of gold to hr. lifted. Difficulties have been met with in getting tho dredge to work to full advantage, lut these are gradually being overcome. The dredge grounded several time, but now the river has bovn dammed, and tho dre'ge is working in still water. This is found to enable the work to proceed bitter. Changes in tho moans (f saving the gold have been mule, with beneficial results. —'Lake County Press.'

Tho following are t.heT?e< fton battery returns for tlie past week . Globe, 231r,z amilg&rn from 175 tons; Keep-it-D>ik, 542 m amalgam from 188 tons; Inkcrmon, 3470z amalgam from 84 tons (cleaning up); Golden Treasure, 2700z tmalgam from 190 tons; Sir Francis Diake, 80-z l&Mwfc amalgam for fivo days' crushing. Tho Kelly ttfbuton>, twelve in number, at Hokitika, washed up and divided Ll3 a man for six days' work. LARGE PROPERTY SALE, Napier, June 3 —The Rivers'ea Fstate, at Hastings, owned by Mr T anner, M H.R , and consisting of 2,910 aores, was Bold by auction today for LBS 000. THE LONDON MARKf.TS. The Now Zealand Loan and Mercantile Agency Company. L'mited, have recoivod the following telegram fivm their London office, dated 31st May :—"Tallow: There is less trado demand ; good mutton is worth 27s 6d and good beef 26s(id per owh Frozen meat: Quotations unchanged since last, telegram ; mutton market firm; New Z>aland lamb - tho dertand has

increased ; beef mar Vet unchanged."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890603.2.34

Bibliographic details

COMMERCIAL., Evening Star, Issue 7923, 3 June 1889

Word Count
641

COMMERCIAL. Evening Star, Issue 7923, 3 June 1889

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