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COMMERCIAL.

The amount of revenue collected at the Custom-house on goods cleared to-day for coiBumytioa was £82211s 4d,

PRODUCE SALES,

Messrs Donald Reid and Co. report that prices ruled as under at their auction sale to-day:— Oats.—Competition was brisk, and all offered realised values which were a decided improvement on late quotations. Prime milling, la lljd to Is lljd ; good to best feed, Is IOJd to Is lid ; medium, is 9d to Is lOd per bushel (sacks e^tra). Barley. Only feed and milling catalogued, which" sold at 2s to 2s 4d per bushel (sacks extra). Potatoes.—Prime Derwents strongly inquired for, and values to-day ruled 7s fid to 10s per ton above last week’s rates. Best Derwents, 42s fid to 455; medium, 35s to 40s per ton (sacks in). Chaff.—Market fairly well supplied. Nearly all consignments, being prime, realised top rates. Best oaten sheaf, £3 5s to £3 7s fid ; medium, £2 15s to £3 2s fid per ton (bags extra).

The Mutual Agency Company of New Zealand, Limited, report that prices ruled as under at their weekly auction sale to-day Oats.—Market continues to improve, and under mod competition we sold at an advance of Jd to Jd on last week’s prices. Best, Is lOjd to Is 11-Jd; good, Is 9'; dto Is 10M; medium and inferior, Is 71d to Is 9d. "Wheat.—Only fowl feed offered, and sold at 3s to 3s 5Jd. Barley.—Medium, 2s 5d to 2s Bsd; feed, Is 9d to Is lOd.

Potatoes.—Market has been bare during the week, and prices have advanced Ss to 10s per ton. Best, 425; good, 36s to 375; inferior, 28s to 31s. Chaff.—ln over supply, but prices keep firm. Good, 60s to 645; extra prime is worth more.

THE LONDON MARKETS. Messrs Dalgety and Co. have received the following cablegram from their head office, dated London, 18th inst.Good demand for rabbitskins in general. Prices for New Zealand skins are higher by Id to lid, Australasians by Id, Tasmanians unchanged. New Zealand cross-bred frozen mutton unchanged; New’ South Wales merino, 3Jd per lb for heavy weights and 3id for light.” MINING NOTES. The Reefton returns for the week were:— Big River, 120oz amalgam from 103 tons; Progress, 186oz amalgam from 220 tons; Keep-it-Dark, 2570z amalgam from 135 tons (top plates): Globe. 1260z amalgam from 130 tons: Victoria, 690z gold from 65 tons; Wealth of Nations, 1260z amalgam from 145 tons. , Mr Thomas Callender reports from the Sew Hoy Big Beach Gold Mining Company 38oz 17dwt 12gr retorted gold from dredges, also 12oz 6dwt 6gr from elevator. . The secretary of the Sandhills Gold Mining Company reports 7oz lOdwt 14gr of gold for last week’s dredging. ~ ’ Mr Reeves reports the return from the Enterprise dredge, Alexandra, of 20oz 15dwt Bgr gold for the week ending the 19th inst., as the result of 138 hours’ dredging. Auckland, October 21. — The result of the month’s operations at the Rauraki mine (Coromandel) is 2,3190z of melted gold, value £6,957

The quantity of ore treated was.2lo tonarSleWing an’average of over lloz 20igr.per,ton. -.The toteT product of this mine from the beginning of the : year up to the present is 24,26 J oz lOdwt'.meltetl gold Value £72,805105. The>niarket Opened well. Sales; May Queen, M ; Norfolk,. 4s 7d to 4s lid ; Grace Darlis, 2a 9d,,t0 J£elQome. Find, 6s 4d to ss9d jKapalVermont. l&7d { % 'ty Fluke,* 12s; Golden Anchor, ; Mehn'Dream. 2s 8d ; Aorere, 2s: Maori Land, Is fid to Is 9d. Buyers : Moanatairi, 10s 2s Op; Dun edin, 2s4d; Waini Silverton, 485.; Talisman, 12s *, Victor, I3s 3d • Waitekauri, 87s 6d ; Owharoa, 5» 6d ; Bunker’s TTill,los 9<i. '

THE “GOLD KING” AMALGAMATOR. The "Gold King”'amalgamator, which, it,is said, saves 98 per cent, of the finest gold, was shown for the first time ior New Zealand this afternoon in a yard opposite First Church, Moray place. The. agents arc Messrs R. and W. Williamson, of San Francisco, whoso office in Dunedin is in Moray place. The amalgamator, which is .the invention of Mr A. C. Bumble, of San Francisco, does not claim to possess a new method of saving gold, 'but simply offefs ft mechanical device' whereby the old scientific' amalgamating process is so .conducted that every speck of gold, cannot escape coming in contact with the amalgamating surface, the result being that every particle is saved. The simplicity of the 'machine is one of its features. The “Gold King” amalgamator is a cylindrical body requiring from twenty-six to forty revolutions per minute, according to size. The cylinder is lined with two pieces of pure copper, with a full ounce of silver to each square foot, and each bent so as to form radical wings. The material containing the gold is brought into contact with the amalgamating surface from ISO to 300 times, according to the incline, and absolutely without any scouring action taking place, thereby securing everything capable of amalgamate. In quartz milling the machine’s work is specially remarkable, its inventor having shown that a saving of from 2s to 10s a ton can be made on the quartz after all modern devices for saving gold have been applied. It is also claimed for the machine that it does better work than can be acbomplishcd by means of the much-talked-of cyanide process. Some gentlemen interested in mining who have seen the machine at work speak of it in the highest terms of praise. The result of its operations this afternoon could not be obtained in time for insertion in this issue.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18951021.2.48

Bibliographic details

Evening Star, Issue 9831, 21 October 1895, Page 3

Word Count
907

COMMERCIAL. Evening Star, Issue 9831, 21 October 1895, Page 3

COMMERCIAL. Evening Star, Issue 9831, 21 October 1895, Page 3