COMMERCIAL.

Evening Star, Issue 10782, 17 November 1898, Page 3

COMMERCIAL.

The amount of revenue collected at the Customhouse on eon .is cleared for consumption to-day w ßfi "it 7*l. At tile Burnside sales yesterday best fat bullocks brought -t'to ; good, £$ 10s to id) 10s : medium, £7 10-i to XS : light, £o 10s to £tl 10s. Beat cows, £7 Ids to tl). Fat sheep-. Best wethers sold at l ( sbd to is's lid ; medium, 15s to Ifis fid ; light, 12s to ID lid. Best ewes, 17.1 t-> Ds iid ; medium, Us (id to Itis (id ; light, 10s to I,ls lid. fuF" NF.Vh-i BOLD nitEDtilNt: C< i.MI’ANV, 1.1.M ITF.D. At a recent meeting of sharcli.J.lers in tbi.i e.,mptn\ it war decided to increase the capital from t J.IIPU to L l.oi 10 by the issue of 2,000 new’ sliaisc. oi tl each. 'lh>‘ additional capital is wanted to ell'cet extensive alterations to the present dredge by putting oil larger buckets, .-team wincin'-, etc., thereby being aide to lift double the oiiautity than at present, but at less expense. The returns at present are about lOozgold weekly, and with the new machinery it is expected the lowest returns will be 20oz ; and as the working expense- will not exceed 7oz it is anticipated that the company will be aide to pay regular monthly dividends of Is each. The claim consists of 100 acres, ninety of which are workable, so that there is at least fifteen years’ work before the company, Mr Harman Beeves, sharebroker, with whom the new shares have been placed foi disposal, informs us that there are now only some 800 to be applied for, the rest having already been taken up. The share list w ill close at noon on Wednesday, the 2drd hist., provided the balance are not applied for before then.