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COMMERCIAL.

Tho amount of revenue collected at the Custom-house on goods olearod to-day for consumption was L 2.650 6s lid. The Bank of Australasia carried forward L 14.160, balance of profit. The ' Press' hears that a private cablegram has been received in Ohristchurch from London stating that arrangements are being made for great extensions of tonnago for frozen meat, equal to all tho demands for next year Some weeks ago the gentlemen who control tho shipping interests in New Zealand represented that six new cargo boats would be needed to meet the requirements of the trade of New Zealand next season. The balance-sheet of the Colonial Bank of New Zealand appears in this issue, Tho net profits for the half-year are L 16.975 8s 4d, to which is added last half-year's balance L 4.4.19 17b 3d, less Government taxes L 2,034 is 10d, leaving available L 10.361 0s 9d. Of this mm, LI,OOO is added to the reserve fund, Ll4,ooois absorbed by the payment of a dividend at the rate of 7 per cent, per annum, and the balance is carried forward. THE LABOR MARKET. Mr Skene reports that there is a decided spurt in tho demand for all sorts of country people. Current wages:—Couples, L 65, L7O, and 1*75; ploughmen 20/, second-class 15s to 17s 6d; shepherds, L 55, L6O, and L7O; cooks, 20* and 255; gardeners, 25s and 30s; blacksmiths, 25a; grooms, 15s and 20s; milkers, 10s, 12s, 15s, and 20a; flax boys, 6s and 7s 6d; store hands, 15s and 20a; hotel cooks, 30s to 50a, etc. MINING NOTES. The result of the trial crushing of one ton of stone from the Canton reef, Waipori, gave 4Joz of retorted gold. As the stone crushed was all clean, solid stone, this must be considered highly satisfactory. Wo are informed that the stone was taken from a depth of 63ft, and at that depth is 18ft in width from wall to wall.

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https://paperspast.natlib.govt.nz/newspapers/ESD18890916.2.24

Bibliographic details

COMMERCIAL., Evening Star, Issue 8013, 16 September 1889

Word Count
323

COMMERCIAL. Evening Star, Issue 8013, 16 September 1889

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