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COMMERCIAL.

Tho nmount of revenue collected at the Costom-hnußO on goods cleared tn.iKy for oonsumption was< Customs. L 1,777 6a 4d ; primage, L 93 Oh 8d ; total, L 1.870 7«. It will bo anything hut good nowii to housewives to lesirn that the no*\> manufacturers of the colony intend to raise tho price of poap at the beginning of next mouth by about L 6 per ton. This is no dmibt one of the effects of our new Customs tariff. We also learn that owing to the great floods in China and Japan rice has gone up in price. Large areas of rioe have been ruined by the floods.—' lTorth Otago Timee.

MINING NOTJr'S.

Sir James Hector the other day visited the Roxburgh claims for the purpose of inspecting thonew method of sluicing by ejectors, and found it, in some cases, especially at Island Flat, working in a very Batiafactory manner. Sir James took the opportunity of visiting the various fields in tho district, and, we learn, obtained results quite sufficient to warrant tbo ground being taken up to tho extent which it has been. Sir James will doubtless make an official report to the Government on his return to Wellington. The following telegram has been received from tho battery manager of tbe Croesus Company :- "iHave obtained 128oz of amalgam, 144 hours' crushing, equal to eighty tons. Ui-ing full steam, as no water to assist. This return iB from tho plates only." Ruby mining promises to be one of tho resources of Mokihinui. A deposit of what seem to bo gems of come kind was discovered some timo ago, and samples having been sent to jewellers at Homo they were pronounced to bo rubie». They are of small size, but it is probablo larger ones may bo found. A party has been formed in Westport to work this deposit and a p'o:"uecting license applied for. ' Bnllcr Miner,' IBy Telegraph.] Melbourne, October 17.—At the wool sales to-day prices remained very firm ; competition was animated, especially so on behalf of English and foreign buyers, on aceount of the bulk of wools not meeting with American competition. Tho New Zealand Loan and Mercantile A gonoy Company's catalogue comprised 2,429 bales, all of which were sol). The top pric-js realised were:-Greasy merino, la pieces, lid ; greasy Jambs', Is Id; greasy crossbred?, lip; scoured merino, Is 9£d; scoured merino pieces, Is 8d to Is 4d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18891018.2.25

Bibliographic details

COMMERCIAL., Issue 8041, 18 October 1889

Word Count
400

COMMERCIAL. Issue 8041, 18 October 1889

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