CHRISTCHURCH.

North Otago Times, Volume XXXI, Issue 6058, 21 May 1886, Page 2

CHRISTCHURCH.

May 20. Mr J. Pilbrow's racehorae, Alata, has had to bo shot, he having developed string halt. During his career he won two Dunedin Cups, a Victorian Hieing Club Handicap, and an Adelaide Quaen's Birthday Cup. He was bred by Mr Redwood in 1874, and was by Deal Shot— Raupo. The quarterly meeting of the Canterbury Chamber of Commerce wa3 held for the first time in the new room of the Australian Mutual Provident Sooiety's buildingß. Toe president, Mr J. G. Stead, gave an exhaustive address, in which he reviewed the work done by the Chamber since its foundation 27 years ago. The trade of the world, especially in connection with Great Britain and the colonies, and with regard to wool and wheat. It was earnestly to be hoped that tho Midland Railway would shortly be commenced, aa it should, when com pleted, prove of great service in stimulating and extending tho production of gold. In conclusion he said : In spite, however, of the continued depression and in spite of the persistently low rango of prices that continue to rule in England, I still venture to predict that before the years 1886 and 1887 end we shall h*ve soon a decided ! change in tho price of wheat from its prosent low level, Summarising the position, I think tha p3riod of acute depression and sharp Buffering ia over, and that trade has reached a sound though quiot sfage, and I also trust now that values have been re-adjusted and we have bo to speak attuned ourselves to our altered circumstancan that we shall shortly be able to participate in tbe revival which is so generally expected by English and American financiers. A meeting was held to-night of men desirous of proceeding to the Kimb3rley goldfieldß, and about 4.0 agreed to club together in order to make up -a party.