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COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared te-.i a y for eonsumption was Customs, L2,78S 5s lid ; primage, LI3B 2s lid; total, L2,02G 8s lOd. During the past month several meetings of gentlemen interested in forming a new stock exchange for Dunedin have been held, and after considerable cogitation a code of rules was, at a meeting held yesterday, duly approved and signed, and ordered to ba printed. At the meeting m question (Mr George 8. Erodrick presiding) it was resolved: “ (1) That an exchange, to be called ‘The Otago Stock Exchange, 1 he established ; (2) that Mr George 8. Brodrick be first chairman, Mr Leslie A. Norman secretary, and Mr Walter Ilislop treasurer ; (3) that the offices.of the Exchange ho located in the Colonial Bank Buildings, Water street; and (4) that the list of original members ba closed with the following names Messrs A. Bartloman, George S. Brodrick, John Davie, Alexander Herdman, Walter Hielop, R. H. Leary, Leslie A. Nonnau, C. 8. Reeve", John Reid and Sons, Eardley G. Reynolds, J. K. Scott, and H. S. Valentine.” The farmers of the districts adjoining the railway line from Halmerston to Timaru anticipate a good season for crops. Several large fields of oats are already well covered with promising-looking crops, which, although as yet are not far above ground, cover the fields thickly, and look in splendid condition. It is said that the soil has of iategieatly improved in fertility, and is not so sour as it was last season. Given fait weather, the farmers of the various districts should be well sati.-fied with the coming season’s crops. On the Canterbury plains some of the ploughed fields present a peculiar appearance, being literally covered with hay which was blown from stacks some distance away by the late gale. As showing the extreme violence of the wind it is said that a number of sheep which had been placed in a ploughed field wore completely buried by the soil being blown about tc such an extent. Gorse hedges, situate a considerable distance from hayricks, were covered with hay, while numerous stacks were blown over and the straw carried away. The farmers have been put to a lot of trouble one way and another, and earnestly hope that such violent weather will not occur again. They are, however, in expectation of having a successful season for crops, and, in consequence of the failure of foreign crops, anticipate being able to realise handsome profits.

PROPERTY SALE,

James Samson and Co. report having sold to Mr Logan Wilson two two-roomed brick cottages and outhouses, situated in Athol place, for L 175.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890924.2.30

Bibliographic details

COMMERCIAL., Issue 8020, 24 September 1889

Word Count
441

COMMERCIAL. Issue 8020, 24 September 1889

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