COMMERCIAL.

Evening Star, Issue 8500, 27 April 1891, Page 3

COMMERCIAL.

The amount of revenue collected at the Custom-house on goods oleared to-day for oon mmptton was L 1.491125. One of the large colonial land companies has received instructions from Home to put all available land under wheat crop this year. It is therefore evident that at Home the prospects of high prioes ruling for wheat next year are very encouraging.—Owing to the scarcity of butter in this distriot, consequent on the Boarcity of feed for the cows, the Southern factories have had to be drawn upon. A large quantity of butter from the Taieri arrived last week.—' North Otago Times.' PROPERTY SALE. Messrs Donald Beid and Co. report having sold, on account of Mr Maurice Joel, sections 23, 24, 25, 26, 27, and 28, block 4, Taieri district, 480 acres (partially improved), for the sum of L 9 per acre cash; Mr John Shennan, of Berwick, being the purchaser. MINING NOTE 9. The Upper Waipori Alluvial Gold Dredging Company obtained 18oz 6dwt 12gr gold for 6 days 6 hours' dredging last week. The [secretary of the Frankton Beach Dredging Company reports having to-day received a telegram from the dredge-master, Mr Ford, to the following efCeot :— ** Xuodged in bank 260z 6dwt of gold for week ended Monday, 20th. Alteration to plant delayed returns being sent through." The secretary of the Sandhills Company reports S3oz of gold for sixty-nine hours' work last week. The Fair Maid Gold Mining Company report for the week ended 22nd inst. thirty-five hours' sluicing, yielding 38oz of amalgam. The following telegram was received this afternoon from the mine manager of the Cromwell Gold Company:—"No. 4 vein west 18in wide. Gold frequently visible." Tho Reefton battery returns for the past week were:—Cumberland (clearing up), 87lcz of amalgam from 120 tons; Progress, 2550z of amalgam; Alpine, 2900z of amalgam from 90 tons; Keep-It-Dark, 1330z of amalgam from 95 tons (cleaning up); Globe, 148oz of amalgam from 120 tons (oleaning up); Icglewood, 290z of retorted gold from 100 tons. Mr Francis Nicoll, manager of the Hercules No. |2 Gold Mining Company, Limited, writing on the 24th inst., reports that he bottomed on the 22nd inat. on a pipeclay reef, at a depth of 27f'; from the lowest part of the surface. It will take a few days before he knows how the reef is running. There is 17ft of wash-dirt showing fair prospects, and which he thinks ought to pay. He intended washing down last week, but could not do so owing to the nonatrival of some of the appliances, He does not expect muoh gold from the first washing, as ne bottom has yet been cleaned. Everything 1b standing well. The water supply is plentiful for all parties, some thirty or forty heads going to waste.