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COMMERCIAL.

The amount of revenue collected at tho Custom-house on foods cleared to-day for consumption was L 1,741 2s lOd. A gentleman well known in Christchurch, who has lately rMurned to the Old Country, writing by the last Knglish mail to a Christchurch merchant, says:—" While in London I was much amufod at one butcher doing a big frozen mutton business in the evenings at Kilbum. about six miles out. He had largo cards all about the shop—' Canterbury Mutton.' I asked the shopman if it was all Canterbury mutton. 'Well,' he said, ' it's all Now Zealand mutti n, but it comes from different parts—some from Melbourne some from Sydney, and Borne from Bio !'" For several months past Mr Oogan and party have been prospecting on the Eureka rlaim, situate in tho Nen'horn district, which has lately been pegged off as their property. Some 150 yds have been thus tested, shafts being sunk to the level of 25ft. A ton of stone has been brought to town, and yesterday a quantity of the rough quartz was pounded in a crudemannerbyMrCoganandassistants. From lib of e tone 3gr of gold were obtained, but a considerable quantity of the gold was lost owing to the rough manner in which the quartz was assayed. This morning crushing operations were resumed in earnest at Messrs Kincaid, M'Queen, and Co.'a premises, the crushing washing-up, rnd incidental operations being expected to lest fully three days. Mr Cogan anticipates that nearly 15oz of gold to the ton will be obtained from the material which will bo operated on during the present week. Several gentlemen interested in mining attended at yeiterday's trial, which was held on Messrs Kincaid M'Queen, and Co.'s premieep, and all were unanimous in declaring tho stone, which Mr Cogan assures us was taken up Indiscriminately, to bo of the most valuable description, and that it contains a largo quantity of gold.

RABBITSKIN MARKET. Messrs Arthur M'Donnld and Co. report as follows for the weok ended Wednesday, July 3: —" Consignments are coming to hand freely, and late rates are fully maintained. This opportunity serves us to record our protest against the careless manner in which many of the consignments come to hand. We can quite understand the anxiety of sellers to get their skins forward while prices are comparatively high; but nevertheless think they would do better by at least drying them. Far too little care is also paid to oleaning, and rabbiters would do well to pay more attention to this important matter. The following are present values:—Prime winter greys, 15d—seleoted a shade more; scoond-olass winter greys, 12d to 13d; autumn greys, lOd; summere, about 6d; suokers and half-grown, 34 to 4d; winter black and fawn, lOd. Our prices are free from all charges."

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https://paperspast.natlib.govt.nz/newspapers/ESD18890704.2.27

Bibliographic details

COMMERCIAL., Issue 7950, 4 July 1889

Word Count
459

COMMERCIAL. Issue 7950, 4 July 1889

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