COMMERCIAL.

Evening Star, Issue 9775, 3 August 1895, Page 3

COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared to-day for conBUtLiption was £37719s 9d. . -, •« Business generally, owing to alteration of tariff, has been very unsettled during the week, and no transactions or change in values of any importance are reported. Stocks of sugar are very bare, and the trade will have to depend on Company's for the bulk of their supplies during the next two or three weeks.

MINING NOTES. The secretary of the Dunedin Stock Exchange reports the return for the week from the Keep-it-Dark Company, Reefton, a3 7Soz almagam from 84 tons stone. ..,„.,., r Auckland, August 3.—The Waihi return for twenty-eight days was 2,910 tuns, which yielded £9,581 worth of bullion, ur an iucrease of £429 over last month.—The Waitekauri yielded for twenty-eight days 154 tons, which gave a return of (»88oz of bullion.—Cussel's Company treated 1,050 tons of Waihi tailing for £3s2.—The Woodstock United obtained £985 worth of bullion from 240 tons, and the Kapai Vermont S94oz of gold, valued at £2,235, from 2*6 tons. Last month's yield of this company was 3850z. . The Minister of Mines has proposed to make a cutting through all the farms from the gorge to the township of Berwick, banking the low ground on either side all the way to the Taieri Lake. There is still some difficulty in obtaining the acquiescence of the various landowners to the term* laid down by the Government; but the Minister of Mines is still hopeful that existing difficulties may be overcome, and that an early settlement may be arrived at.—The Minister has agreed to advance one-third of the cost of construction of the United Hercules water race to Dumbarton rock. It is the intention of those who are applying for the water rights of the Hercules Company, now in liquidation, to work a special claim at Dumbarton Rock belonging to Mr J. F. Kttching, the enterprise to be undertaken on tho co-operative principle. The assistance promised by the Minister will take tho form of a grant-in-aid, on condition that the race will be constructed on the co-operative principle. The men employed on the race will be allowed bo much per week in cash, the balance to stand against their shares, with also the further guarantee that they will get worK in the mine when the enterprise has reached that stage. In order to assist the men thrown out of work by the stoppage of the Waipori dredges, Mr Cadman has authorised the Tuapoka County Council to spend between £2OO and £3OO in repairing the Lawrence • Waipori road. ' Tuapeka Times.'