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COMMERCIAL.

The amount of revenue collected at the Oustom-houHe on goods cleared to-dp>v for eonsumption was Customs, L 1.447 Oa 3d; primage, L7B lis 6d; total, LI, 222 lis 9d. Consequent on Mr L. O. Beal receiving a well earned kix months' furlough to enablo him to visit the Old Country, Mr Burton, of the Auckland braaoh, becomes soting manager of the Colonial Bank at Dunedin, and Mr Dcnniston is transferred from the West Coast to Auckland THE VICTORIAN NEW DDTITS. Messrs Dalgety and Co. have received the following cablegram from their Melbourne branch, dated to-day :—"Duties of 35d imposed on make, peas, beans, and wheat. Quito possible oats and barley will be included shortly." MINING NOTES. Our correspondent wires that there is great excitement at Roxburgh, the Hercules claim having bottomed on Ift of dirt, which gave ■JJwt of gold to the dish. One diah of dirt from the pipeclay bottom yielded 2Jdwt, A PROFITABLE MINE. The Mount Bischoff Tin Mining Company declared, on AugUßt 22, a dividend which will bring up the total amount of cash paid to shareholders to the present to over L 1.000,000. The Launceston 'Telegraph' Bays:—"The present, which is the one hundred and forty-ninth division, is at the rate of 15s per sharo, the amount payable being 19,000, and the dividend tax thereon LSS7 10s. The total amount paid to shareholders by this dividend is brought up to L 1.005,000, equal to LB4lßs per share, and. besides, the Colonial Treasurer has received L33.63610s in the share of dividend tar. The total output of ore to June 30 was 32,413 tons, a small amount compared with the size of the dividends, as the value of the tre raised only amount* to L 2,000,000, «r just double the value of the dividends paid. The benefit to Tasmania in the distribution of money apart from that paid to the ihareholders may be gathered from the following figures: Wages, L 523.000; oartago, L13S.O00: plant, L 111.000; freight?, L 32.000; smelting works account, L 97.700. The mine was discovered in Decembor, 1871, bv Mr Jamea Smith, one of the moat indefatigable explorers who htvo ever benefited the Australian colonies. In 1873 the company was floated in 12,000 bhares of L 5 each, 4 400 fully paid up being reserved by Mr Smith, who also received L1.5C0 caßh, the paid-up capital only amounting to L 6.100 The industry gives employment to over 400 hands."

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https://paperspast.natlib.govt.nz/newspapers/ESD18890920.2.18

Bibliographic details

COMMERCIAL., Issue 8017, 20 September 1889

Word Count
404

COMMERCIAL. Issue 8017, 20 September 1889

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