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COMMERCIAL.

The amount of revenue collected at the Oustcm-bouse on foods cleared to-day for consumption was L 796* Is 2d. A consignment of ten heifers, which when kll'ed weighed 6,4601b, was sent from Hawera to London lately. The owner drew L 3 per head on them as an advance, a price probably a few shillings lu excess of what they would have sold for in Hawera at that time His returns Bhow that they grossed close on L 99 <n London; neveithele?s, be ha 3 to refund LI, or 2s per head. Tho stock Bold In London fetched about L 9 18a each, so that there waia le<»k.»ge of just IX for expenses en route. The agents considered the net returcs very satisfactory compared with many others they had know'edge of, Although the cattle realised about !$d per lb, the grazier only received a small fraction over Id per lb net. Tho monthly record of trado shows a fair average for the season, Tho winter months, however, are generally slack, and the leisure afforded by the lull gives an opportunity of taking stock as to the business done and the produce exported during the past year. Wo find that satisfactory development has been made in the production of wool, grain, flax, frozen meat, and dairy produce. As a whole there has been a considerable increase upon the previous year, and therefore we may congratulate ourselves upon the material progress marie. It is evident the long period of depression is now a thing of the past, and it only requires skilful and cautious management to restore the colony to its former credit and take its proper place among the dependencies of the British Empire.—' Prices Current.' MINING NOTE. Our Arrowtown correspondent wires that the return from the Gallant Tipperary last week was 1520z of amalgam—viz., lCooz from the phtes and 460z from the boxes. Forty-five tons of stone weTe crushed in five days The total amount of amalgam on hand up to the end of last week was 847£0z.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890613.2.29

Bibliographic details

COMMERCIAL., Issue 7932, 13 June 1889

Word Count
338

COMMERCIAL. Issue 7932, 13 June 1889

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