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COMMERCIAL.

The Bank of Australasia has declared a half-yearly dividend and bonus, together equal to 14 per cent, per annum on the capital, and carries forward a balance of Ll4 16s, PROPERTY SALE. James Whyte, Rattray street, in conjunction with Mr Jones, reports the sale of Mrs Logan’s residence and grounds, Ravenabourne, for LSOO cash to Mr Heaney, of Roslyn. MINING NOTES. The secretary of the United Hercules Hydraulic Sluicing Company, Limited, reported, on Wednesday last, that the result of the previous ten hours’ running was over 15oz of cleaned gold, or an average of IJoz per hour. The bottom had not then been reached, bat it is thought to be close at hand. A considerable quantity of the npper gravels had been run off, but until the bottom is reached and cleaned up the actual value of the giound cannot be fully ascertained. THE LONDON MARKETS. The National Mortgage and Agency Company have received the following cablegram from their London office, dated 13th September, 1889 : “ The present value of New Zealand mutton is 4£d per lb. Wheat:—Tho market is drooping, Business is at a standstill, caused by strikes of workmen.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890914.2.21

Bibliographic details

COMMERCIAL., Issue 8012, 14 September 1889

Word Count
191

COMMERCIAL. Issue 8012, 14 September 1889

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