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COMMERCIAL.

The amount of revenue collocted at the Custom-house on g3ods cleared to-day for consumption wan L93G 19j 7d. At Melbourne last week wheat sold at fij 6d in small lots, but large offerings wero withdrawn. Flour is unaltered. Feed grains dull. Oats, 33 lOd to 4s; and prime feed, 4s 3d. Barley: Selected feed sold at 4s. Messis Arthur M.'Donald and Co. inform us that tho whole of the rabhitskin auctioneers announced at this morning's sales that they agreed to expense with the delivery and warehouse charge of 1\ per cent. For some year 3 past this " premium question" hai been a sore bono of contention between the buyers and auctioneers, and its removal thould tend to a better feeling between buyer and seller. It was only last wool season that Messrs M'Donald succeeded in getting tho premium previously charged o i wool removed. MINING NOTES. Mr Walter Hislop has received the following tele«ram from Nenthom :—" Crocus bittery in full swing." A Reefton telegram says that there was great excitemont in the share market on Saturday last over a spurt in Reward shares. A fynelicate got firbt wind of the find in the mine, and were able to buy up ]2,of 0 or 14,000 shores at lOd to la ; subsequently selling out up to 3 J , making a big haul. Sinco then shares have declined to 2s, Matters were quieter yesterday, but a big business was still doing. Encouraged by the success which has attended opeiations on the Shotover, several parties have been prospecting the Dart with a view to putting a dredgo there. Tlio correspondent of the 'Lake Wakitipu Mail* wiites:—"l believe, from what I have heard on good authority, that a very encouraging prospect has been found, and th.it a few of our enterprising settler:', amongbt whom I may mention Mr P. H. M'Oonachy, are moving in tho direction of having a dredge on the river at an early date. Mr Sow Hoy has alto sent a mm up for tho purpose of examining tho r'ver; so that the Dart, which has proved so tantalising to the miner in past years, is likely to have to yield up its treasures at last. Very little is doing in alluvial, as frost still reigns supreme, more especially in our dark sunless creeks." Tho 'Mount Ida Chronicle' states that IVr Brooke Hicksoa has ordered a complete crushing plant for the use of the Victoria and Brcak-o'-Day Companies, Nenthorn, from the Pacific Iron Works, 3an Francisco, consisting of a tenhead Reliance battery with stamps of Bcwt oioh, Gates's o o crusher, two Challenge ore feeders, three Triumph concentrators with finding and amalgamating pins and settler. The capacity of this plant is nearly double that of the ordinary stamper battery of the samea'z*, it being able to put through from 180 to 200 tons of stone per week. The plant will probably be completoly erected on tho ground by tho end of October.

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https://paperspast.natlib.govt.nz/newspapers/ESD18890813.2.27

Bibliographic details

COMMERCIAL., Evening Star, Issue 7984, 13 August 1889

Word Count
491

COMMERCIAL. Evening Star, Issue 7984, 13 August 1889

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