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COMMERCIAL.

The amount of revenue collected at the Oustom-houae on Roods cleared to-day for 'cTuramptlon was 131519s 3d. , . the * 'Business in the import market during the continued rather qnlet. SnKars Bre UnCb KttX^ fs only the Usual trad'e demand for t«». !u£i% 8 ’; rll.Kerosene^oes have had a little more Inquiry. Dressed and Patna rice remain as last reported, sjooa crystals are almost unprocurable at the moment, both local and imported being in very short supply. , , Advice has been received by ctblegram that at the half-yearly meeting of proprietors of the Bank of New South Wales, held in Sydney on 30th ult., a dividend of 15 per cent, and bonus of 24 per cent., equal to 174 per cent, per annum, were declared, and LIO,OOO added to reserve fund, which now stands at L 970.000. A meeting of shareholders of the New Zealand Antimony Company, which had been convened in consequence of the reports received from the London Board to close the mine for

the time being, waa held at Wellington yesterday afternoon, nearly the whole of the resident shareholders being preient. The policy of the London Board was condemned as likely to prove most disastrous to the best interests of the shareholders, the general impression being that as the mine was now paying its way it ought not to be shut down even fur a few months, A committee was appointed to confer with the Hon. H. Richardson, attorney for the company, and arrange, if necessary, for a guarantee from the shareholders to continue mining operations. The London correspondent of the Auckland 1 Herald ’ bears that the Naw Zealand Estates Oorapany are disposing of their properties to great advantage. They recently obtained 1.60,000 for one estate in New Zealand, instead of L 30.000, at which it was valued. It is now generally admitted that the valuations were too low. A property at Parramatta (Sydney), upon which a luge amount had been lent, recently j fed into the bands of the company, and has I pr mptly cut up into building allotment' 1 , i-i;.:. the result ib.it the land realised far bty uiid the amount advanced. MINING Notes. The Fair Maid Gold Mining Company repmt for the week ending 30th ult.; “iFifty-three hours’ sluicing, yielding 80cz of amalgam.” The Ixeel-ior dredge (Bennet and party’s) has served notice on the Island Block Extended Company to discontinue discharging their tailings in the former’s special river claim. Damages to the extent of id,ooo are claimed for ■ less a ready sustained. The former are now on a splendid run of wash. —Mr James’Cowan, of the Hope of Dnnkeld dredge, has been appointed manager of the Matakitaki (Buller) dredge,—‘ Tuapeka Times.’ THE LABOB MARKET. Mr Skene rtp irts a fair demand for country people at the following rates : - Coal miners, 4s per ton; bushmen, 4s and 5s per cord ; cooks, 20s and 255; grooms, 15s and 20s; gaideners, 8s per day and 30s per week ; couples, L 65 and L7O ; shepherds, L 52, 155, and L6O; ploughmen, 20s; laborers, 15s: milkers, 10s to 20s; flix boys and lads, 7s to 15s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18910502.2.34

Bibliographic details

Evening Star, Volume 8505, Issue 8505, 2 May 1891, Page 3

Word Count
515

COMMERCIAL. Evening Star, Volume 8505, Issue 8505, 2 May 1891, Page 3

COMMERCIAL. Evening Star, Volume 8505, Issue 8505, 2 May 1891, Page 3