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COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared to-dav for consumption was Customs, L 775 11s 6J; primage, L3B 2s 9d; total, LBl3 14»(3J. MINING SHARE QUOTATIONS. The following were net prices quoted at the dosing of the Reefton Mining and Stock Exchange on Saturday night : Buyhbs.— Electric Light Is Bd, Golden Treasure 9J, Gallant 2s 9d, Happy Valley 4d, Inglewood 2s Id, National Cd, Reform 4d, Scotia Cs 3d, Drake 2s Bd, Globe 21s 6d, South Wealth 2d, Alpine 14s 6d, Venus od. Skllkks.— Big River 2s 9d, Eureka 2s, Golden Lead Is 3d, Gallant 3s, Globe 22s Gd, Homeward Gs 9d, Happy Valley Cd, Londonderry 3d, Hercules 3=, Britannia 7d, Pandora Is Reform Bd, Triumph Od, Venus Is. MINING NOTES. Mr Peters, the working manager of the United Hercules Hydraulic Sluicing Company, Limited, writing on the 25th inst., reports that lie is pushing forward with a lino of trestle work and boxes, but has been somewhat retarded by the non-arrival of materials. He has substituted iron pipes for boxes for carrying the water from the drainage elevator into the river. He has placed in position a lino of pipes, with valve, etc., for a by-wash. He is also preparing pipes and other suitable plant, pending the arrival of the elevator castings from Dunedin. As soon as those arrive no time will be lost in getting them into position, should the height of the river permit. Sluicing will then be at once resumed. The secretary (Mr Burton), writing on the same matter, says the elevator and flanges will be up to-morrow night. The local shareholders are of opinion that Mr Peters thoroughly understands his business, and that when a start is made at sluicing there will be no more of these irritating and costly breakages and consequent stoppage?, which have so severely tried the patience and resources of shareholders.

The following are the Reefton battery returns for the past week : —lnkcrman, 7740z amalgam from 38 tons (total for the month, 1,184cz amalgam from 200 tons); Globe, 2710z amalgam from 190 tons; Keep-it-Dark, 2370z amalgam from 275 tons; Inglewood, 117oz from 80 tons. The Fairmaid Gold Mining Company, Westport, report only twenty-four hours’ sluicing last week, yielding 330z amalgam. The ripples were also cleaned, yielding S7oz amalgam. The manager hj tving touched the edge of back lead, stopped sluicing to box the race from the lead to elevator, and expects to get well into the lead during the current week. THE LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following telegram from their London office, dated 25th inst. : —“Tallow is dull of sale. Good mutton ia worth 2Ga, and good beef 25a 3d per cwfc. The frozen mutton market has a hardening tendency ; pricea have advanced £d per lb since last report. The frozen beef market is dull,”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18891028.2.30

Bibliographic details

COMMERCIAL., Evening Star, Issue 8049, 28 October 1889

Word Count
478

COMMERCIAL. Evening Star, Issue 8049, 28 October 1889

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