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COMMERCIAL., Issue 8038, 15 October 1889
The amount of rcvenne oolleoted at the Custom-house on gooda clcarod *o-rt»v for consumption waft Customs, L 1.267 14s 9d ; primage, L2B 5s 6d ; total, L 1.296 Os 3d. MINING NOTHS, Tho Victorian mining reports for the June quarter show that the yield of gold amounted to ]!)50'450z, or 17,7400z more thanwaß obtained during the previous quarter, and an increase of 5 6520z upon the return for the corresponding quarter of 1888. The average return from the quartz crushed waß 9dwt 19.32gi per ton. In what may be termed the original section of the publication several interesting papers are given. Mr R. A. F. Murray discusses the subject of prospeoting for gold, and offerß some remarks as to the causes of tho deoreaße in the yield. Ho holds the pessimistic view that our goldficlds are rapidly approaching exhaustion, but urges that the functions of the Mining Department might advantageously be expended in the direction of collating and supplying the best information ob-
*a»rv»ble by means of close scientific inquiry into oihei' Jiiififero'M matrices than those now known, ttfe relat ohs fcetwtcn %\w existence of gold and i'vi p&eiflttqß'a observable Ift snnncction with the assoUatc' 1 . rcoKa, t&e.btot nSethodf! of mining, gold-swing appliance, ttetfm-ens, of ref»flJory ore?, and utilisation of w£st6 _ The Mining population of the colony for t'We q'tt'srtr-r was 24,414, being an increase of sixty-seven tffl the previous quarter; 11,892 quartz miners wore employed, and 12,522 in alluvial. Of fcbe total 3,589 were Chinese, being a decrease of thirty-six on the previous quarter. The total Value of all machinery employed is estimated at u,ftiMW. OTAGO STOCK EXCHANGE, to-day's quotations. Banks.—Colonial, buyer 42s 3d, seller 42s 9J. National, buyer M», seller 86i Bd. New Zealand (old laaliel, buyer L 7 3s, eeller L 7 fls. Now Zealand (new iSsftn), btiyer L7j seller hi tfa. Insurances. Colonial, buyer 6', nellcr Cs 31. National, buyer 131 3d, nfeller 18* (Id. Nt «• Zealand, buyer 1,3 5», eeller IJZ 7s (id. South British, DUyef SBs, Beller 37f. Standard, buyer JS?6dj seller 13s 9d. Union, ibuyer V 53 (id, eeller 264. SmmNtt.—New Zealand Shipping-, buyer LS 7a Gd, seller L 3 103. Union Steam, btiyer tl2 iOa, eeller L 12155. ■ ■ „ •
CoAfc.-Kaitangata, buyer Ll9 6a, sailer LIS ,10a. Walton Park, buyer 3a 6d, seller 4s. Weetporfc,' buyer 833, Beller (148 Mercantile.—Comrocrolol Property and Finance,' buyer 133, sollor 13s 6d. Dunedin Finance, Loan, and Agency, buyer 14s, seller 159. Dunedin C. .and S. Tramways, buyer 2s, seller 2a 6d. Milburn Lime and Cement, buyer 265, seller 28s. Mosgiel Woollen Factory, buyer 82b, seller 84s. Mornington Tramway, buyer 6s Gd, eeller 7s. National Mortgage and Agency, buyer lis, soller lis 3d. New Zealand Loan and Mercantile, buyer 67s 6d, seller 70b. New Zealand Refriger-ttlng, buyer 60s, sellor 61b. New Zealand Drug-, buyer 19s 3d, eeller 19a 6d. * Otago Dally Times,' buyer LS, seller L 8 2a 6d. Roßlyn Tramway, buyer 235, scl.er 295. Trustees and Executor, buyer 24f G<i, seller 258. Oiaqo DiiKiioiNo Companies —Frankton Reach (7s 61 paid up), buyer 59, seller 6s. Golden Bar (20s paid i:p), buyer 19a Gd, seller 20s. Golden Bar feontributing), buyer 4h, eeller 4s 01. Kawarau Big Beach (7s Od paid up), buyer 53, seller 6s. Kiwarau Big Beach (con.'rituting), httyor 2s 6d, aollcr23fld. Shotovcr River (contributing), buyer la Bd, seller 1? UJ. Talisman (15s paid up), buyer lis, seller 11" r < i. Talisman (aontributing), buyer 2s, seller 2sfld. UpperShotover, buyer 2s, seller 2s 3d. Waipapi, buyer 4"s, seller 509. Wukatipu (78 6d paid up), buyer 5s Cd, seller 69. Wukatlpu (contributing), buyer 39, seller 39 3d. Sluicing Co.mpanirs.—Fair Maid, Weptport (10s paid up), buyer 18a, eeller 18a Cd. Fair Maid, Westport (contributing), buyer 10s od, seller 10s 9i. United Ilcrcules (LI paid up), buyer 355, scllor 37s 6d. United Hercules (contributing), buyer 30a, seller 3l« Gd.
Otago Quart/, Companies —Blue Slate, buyer 14q. seller aos. (2a paid up), buyer 2a 3d, seller 2a 6<l. &003U9 (contributing), buyer 2s, seller 2a Id Kurcka(loi paid up), buyer 4s, fe'lor 4s Cd. Eureka (contributing), buyer Is Oil, seller 2a. Gallant Tip, buyer 3s 0.1, sollcr 4a. Green's Reef, buyer 29 Od, seller 'in Od. Golden Gully, buyer lOd, seller Is. Mount Ilifrhlay (5s pnid up), buyer 3s 9d, seller 4s. Nenthorn Consolidated (2s paid up), buyer Is 9d, seller 2s. Nenthorn Consolidated (contributing), buyer Is 9d. seller 2«. Prospectors', buyer 99 6d, seller lOj. Victoria (2s paid up), buyer is, seller Is 2d. Waitahuna (4s paid up), buyer 8s 3d, seller 3s Cd. WMte's Reef, buyer 3* Od. sellers* Gil. Zealandia, buyer iis, seller 3a 4d. Break-o'-Day, buyer 2s, seller 2s Cd. Rkrtton CoMpaniks. Beaconeflold, Weßtport, buyer Bs, seller 6s 61. Big River, buyor 3s fid, seller 33 fld. Fiery Cross Extonded, buyer 8a lOd, seller 9s 3d. Globs, buyer 21b Od. seller 22* Od. Homeward Bound, buyer 6s fld, seller 6s fIJ. Inkerman, buyor 22s Od, seller 23s 3d. Just-in-Time, buyer 18 Gd, seller Is 9d. Keepit-Dark, buyer 20s, seller 225. Kcap-it-VJarU No. 2, buyer 2s, 6eller 3a. Lycll Creek Extonded, Lycll, buyer Bd, poller lOd. Nil Dcsperanildm, buyer 2b Od, seller 3s. Progress, buyer 20j, Holler 21s. Scstia. buyer os, seller 7s fld. Sir Francis Drake, buyer 2s Od,"seller 2s Od. South Hopeful, buyer 3s, seller 3s 3d. Supreme, buyer 2s 9d, seller 3". United Alpine, Lycll, buyer 15s, seller 16s 6d. Wealth of Nations, buyer 5s 6d, sellor Cs. Welcomo (new), buyer 12s, seller 12s (id. Wcloorae (old), buyer 17a, seller 17s. A. Battleman, G. S. Brodriok, John Daviei A. Hordman, Walter Hislop, R. H. Leary and Co., Leslie A. Norman, C. S. Reeves, John lleid and Sons, E. 0. Reynolds, J. R. Scott. MINING SHARE QUOrATIONS. The following were net prices quoted at tho c'osiog of the Reeffcon Mining and Stock Exchange on Monday night : Buyprs.—B'jndieo Is Id, Electrio Liuht Is Od, Fiory Cross 8* 10d, Goldon Treasure BJ, Galhnt 2s lOd, Gloho 21s 61, Happy Valley 4d, H»rd to Find Is, Inglewood 2s, Darks 2*, Kesolution Is 3d, Nils 2a Od, Nationals 7(1, Reform 4d, Drakes 2s Gd. South Wealth 2d. Triumph 4}d, Venus 9:1, Wealth of Nations ssOd. SbMjHKS.—Alexandra Od, All Nations 2s 8;l, Big River 3s 9i, Gulden Hill 2d. Golden Lend Is 2d, Gallant 2s lOd, Globe 22j Cd, Homeward Os 9d, Hapny Valley Cd, Guide 4!, Devonshire 91, Lord Edward 6d, Nils 3s, New Britannia fld, Pandora Is, Reform 7d, Scotia 7s Cd Venus Is Id. THE LONDON MARKETS. Tho New Zealand Loan and Mercantile Agency Company have received the following cablegram from their London office :—" Frozen Meat.—Mutton : Market quiet, Canterbury is worth 4i?J per Ih ; Wellington in wrtti 4j|d per lb. The beef market has a downward tendency. Tallow: Market quiet. Quotations un hanged since last cablegram." IBy Telegraph.] "Wellington, October 15. LyaaghtandCo.'s Wellington agent received the following cable to-day:—"The market in rapidly advancing. To-day's price for 2(i-gauge 'Orb' galvanised corrugated iron is LIS f.o b. London." Post Office Notice. Maila done at the Chief Post Office, Dunedin, subject to any necessary alterations as under:— Local mails between Diuiedin and Oamaru, also those for the Faseby line, will close at 7.15 a.m., and be forwarded by the 7.45 a.m. twin. For Northorn Ports, overlana daily, at 10.30 A.m., at Chief Post Office. Lato letter?, guard's <M»n„ North expretw train, at 11 a.m. The Post Office, Dnnedin North, will bo cleared at 10 a.m. Wednesday, October 16. For Northern Ports. —Pe!-Rototnahana,atl.so p.m. Late letters, guard's van, Port train, at 2 30 p m. Thursday, Octodku 17.
For Southland, Australian Colonies (via H«bart), India, China, Japan. Continent of Europe, (Jnitod Kingdom, etc.—Per Manapouri, at 3 p.m. Money orders (for Australian Colonies only), registered letters, and newspapers, nt 2 p.m. r.ate letters, guard's van, Port Chalmers train, at 3.85 p.m. DIRECT MAIL SERVICE. Wednesday, Octobeb 16. The contract steamer lonic will leave Wellington for Plvmouth via Rio do Janeiro on Thursday. October 17. Mails close hero aB under:— For United Kingdom and Foreign Countries via the TTnited Kingdom, etc., at 10 a.m. on Wednesday, 16th. Book packnta and newspapers at 9 a.m. on Wednesday, 16 th. The above mail will close at tho branch post offi"e, Dunedin North, for letters at 9.30 a.m., and newspapers at 5.30 a.m. on the 16th. At the South Dunedin office, for le)M;er3 and newspapers at 5 a.m on the 16th, At the Port Chalmers office, at 8 a.m. on the 16'h. Late letters, bearing an additional singlo rata of postage ((id) as a late fee can b* posted in the mail van attached to the North train, leaving Dunedin railway station at 11 a.m. on the 16th.
(Signed) Edw. D. Butts, Chief Postmaster, Chief Post Ofliei-, Dunedin, Ootober 15.
COMMERCIAL., Issue 8038, 15 October 1889
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