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COMMERCIAL.

The amount of revenue collected at the C—tom-house on goovia cleared *o-«Ut fnr consumption wa3 Customs, L 239 17a Id 5 primage, L2 15s 4d; total, L24212s sd. Business in the import market has continued quiet during the week, with values generally unchanged. The ' Age' reports that according to a paper read by Mr D. Wilson at a recent conference the quantity of milk produced in in one year is no less than 146.000.000ga1. At 8d per gallon its value is L 4,866,000. Reckoning the consumption at three-quarter pint per head per day. a total of 41,062, OOOeal, valued at L 1,368,750, is obtained. Of the remainder about five-sixths or 87,500,000 gal are made into butter, and one-sixth or 17,500,000 gal into cheese. The value of the butter production is L 1.166,600, and of the cheese L 437.240. " Our dairying industry (says the *Age') therefore represents annually L 2,972,590, or more than double that of the production of our gold mines. Farmers, who regarded themßelves aa ruined not very long ago, are now making a .satisfactory income by their daiiy produce. TJie colony is regarded as peculiarly adapted to t>;!m manufacture of condensed and concentrated milt, and one member of the Conference stated that he had tried condensed milk, but it did not .pay, and under the new tariff, with the 2d .duty, he would be able to turn it out at a .profit." THE LABOR MARKET. Mr Skeno reports that he has made late engagements as follows:—Couple?, L 65 to L 7 5; ploughmen, 20s and 17s Gd; ahepherda, L6O; bilkers, 10a, 12s, and 15s; blacksmith*. 80s; station cooka, 253 and 30s; grooms, 15s and 20a; rabbiters, 16s per 100; store hands, 20a; hotel cooka, 30s ; gardeners, Cs and 7s per day; bußhmen, 6a per cord; town and flax boys, 5a «o 10s per week. This is the time for turnip drillers, mußterers, and shepherds. MINHNG NOTES. In this issue appears an advertisement of the Six-mile Beach Dredging Company, Limited, whioh is being floated with a capital of L 12.000, in LI shares, to work a part of the beach within a few miles of the W<upapa Company s claim. The first issue will be 8,000 shares, and of these 3 000 shares, paid up to 15s, are allotted to the vendors, and the balance are open for application. We are informed that 3,961 of the 5,000 shares offered for subscription are already taken

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https://paperspast.natlib.govt.nz/newspapers/ESD18891026.2.26

Bibliographic details

COMMERCIAL., Issue 8048, 26 October 1889

Word Count
406

COMMERCIAL. Issue 8048, 26 October 1889

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