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COMMERCIAL.

The amount of revenue collected at the Customhouse on goods cleared for consumption to-day was £2,114 15s lid,. '

MINING NOTES. Forty-five men are at present employed at Barewood reefs.—The Johannesburg Gold Mining Company have purchased a twelve-months’ option of the G. 0.51. reef, at one time known as the Gladstone reef. I understand that the purchasing company have agreed to spend £SCD on the property.—Owing to the pressure of orders in Dunedin and the impossibility of turning the work out fast enough, there is a probability of some large orders for gold-dredging plant for the Otago goldfields having to be sent to England or Germany.— 1 Taieri Advocate.’

-A London cable says that the Waihi (Auckland) Gold Slining Companj' propose to increase their capital by £160,063. The Ettrick dredge at Roxburgh obtained 24Joz last week, and the Pleasant Valley Company 320z. The Argyle Company, at Waikara, have just Struck an exceptionally rich run. —’Tuapeka Times.’

JUTLAND FLAT (WATPORI) COMPANY. The annual report of the directors of the Jutland Flat (Waipori) Gold Slining Company, Limited,’ shows that the company have paid five dividends to a total amount of £1,875 during the year, and, but for the time and money required in keeping and renewing the machinery, the returns would have been greater. The dredge has just been thoroughly overhauled, and it is anticipated that it will be able to continue - working without much further repair for a considerable time. The amount of work overtaken during the year compares favorably with former years, and the ground has been slightly better. The following details of the past year’s working are supplied:—Dredging wages time for period, 5,846 hours; actual lifting

during same, 5,518 hours; estimated quantity of stuff lifted, 398,603 cubic yards; gold obtained, 1,1770z 19dwt 2gr (of a value of £4,604 5s 8d); average yield of ground, 1.41gr per cubic yard ; average consumption of coal, 10 tons Kaitangata nuts per week of 144 hours. fßv Telegraph.] Sydney, September 15.—Wheat: Chick (very scarce), nominally 4s; milling, 4s Sd to 4s 9d. Flour: Californian, £lllos ; local, £1210s; Slanitoban, £l3. Oats (firm): New Zealand feeding, medium, 2s 4d; prime, 2s 5d to 2s 6d ; loca prime, 2s Bd. Barley: Capo (nominal English), 3s 3d to Ss fid. Bran, BJd to 9d. Pollard, Sid to 84d. Peas: Prussian blue, ss. Potatoes; Fair demand. New Zealand Dements (prime) £3 ss; Ballarat, £3 ss; Circular Heads, £3 5s to £4. Onions: Victorian (prime), £lO 10s ; New Zealand, nominal; San Francisco, £lllos to £l2. Butter: Factory -made, 11 Jd. Cheese: New Zealand very large, 4d to 4Jd : medium, 4jd to sd: loaf, 5Jd. Bacon, 5Jd to 7d. Hams: New Zealand (mild cured), 9d. Slelboubne, September 15.—Wheat, 5s lOd. Oats: Algerian feeding, Is 3d to Is 51; milling, Is Bd. Slaize (weaker), 2s 3d. Potatoes: Ballarat, £2lss to £2l7s Od. Onions (quiet), £lO 6s. Adf.laide, September 15. —Wheat, 6s 6d. Flour, £l3los. Oats: Duu, 3s; Algerian white, 3s 3d to 3s od (nominal).

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18970915.2.41

Bibliographic details

COMMERCIAL., Issue 10420, 15 September 1897

Word Count
493

COMMERCIAL. Issue 10420, 15 September 1897

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