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COMMERCIAL.

Daily Times Office, Friday evening. Tho amount ol Customs Revenue received to-day en goods entered lor consumption waß £242917s lid. Messrs Gillies, Street, and Hialop report having Bold by auction, yesterday, section 24, block VI, gituated in Stafford Btrest, Dunedin, with buildings thereon, to Mr Joseph Farra, tor the sum of £2110 cash. MINING NOTES FROM REEFION. [By Telegraph.] (fkom our own cokbespondent.) Reefton, July 2Sth. • Business in the Darks has been somewhat quieter indav and yesterday's quotations have not been maintained, owing d .übtless to the air of mystery with which it has been attempted to surround the list few days' proceedings in the'mine. Those who are In a portion to give the fullest information reBDeetiDir the rich shot of stone which has been doled out in a few bagsful at a time are very reticent abou-. the matter—so much co that even shareholders kere who are not let into the secrets are complaining at being kept in ignorance ol what really is going on. Had it been tho intention to treat shareholders to an agreeable surprise with a dazzling return for the weclt and a corresponding dividend, the object was frustrated when it leaked out that tho rich patch was being operated on. After this, tho withholding of particular coul 1 serve no purpose. Everyone here is fully impresjed with the vast iinuortanco of the mine, which, independently of the present extra rich stone in the south portion ol the mine, can justly claim increased attention on account of the excellent stone in thenorth end, where tho lode is from 12 to JJ "■>«■ ffold-beanng throughout to the estimated extentol at least loz to tho ton ihe fullest CDnlldenco prevails generally as to a prosperous run for the claim, and a number of local m'u have during the spurt invested in the stock of Hie Company. The face of the rfch stope is now carefully boarded up, and the reason givyn for not taking out any more stone is that to do ao would require another set ol timber, which it la not advisable to put in just now. The general cleaning-lip will commence in the morning-, and the battery will be kept going to clear tho yaldock, to enable tiie Nil Desperanduin to use it for tlieir stone, crushing of which will commence with five heads on Monday at this mill. Tbe Rainy Greek started crushing on Wednosday on gtone which baa been accumulating in tho piddecks. The Golden Ficece will also commence crushing on Monday, the paddock Being full The shaft in the 'Wide-awake is now down 14ft. Tho stone is from two to three fuet, with » little gold. WELLINGION SHARE MARKET. (Per United Press Association.) WmiMkgton, July 28th. Meisrs Leubltlar and Cooper report :-Baiilc of Now Zeai.nd Insurance,no business National, 30s, South British, 61s 6d; Standard, «?»; Union, 21s Od ; C lonial, 93 6d; Accideut, 4*; Ifotional Mortgage and Agency, 33s CJ; New Zealand Shipping. HOi (cum ■ div.); New Zealand Drug, 25s -Id; Welcome Goldmining Co, 120s; Keep-it-Dark, 90s; Wealth of Nations, 15s Od; Golden Fleece, 14s Ud to 15s ; Fiery Cross, lls Od ; Homeward-Bound, S3 Cd. CHRISTCIIURCH CORN EXCIIANGK. Report for tho week ended Friday evening, the 2Sth July:Tncreisno change to roporfc in the state of the Brain market. Business continues dull, with very T t'.i'i alteration in values. Wheat.-Parcels of good milling quality are worth 43 lOd to 5s pci' Ihiblicl, f.o h.; tocond quality, 4s 3d to 4s Od; chk-k wheat, 8s 3d to 4s ; seed samplea, 5a 3d to 6a M per bushel. -j Oats. Milling quality, Sa 2d to 3a 3d por bushel; I feed 33 Id to 3s 2d per bushel. . Barley.-Really good malting simples are in demand, and saleable at from 43 Ud t > 4s fid per bushel. Second quality malting U not very aakfcblc. H<>4 Ba-nples, 3s 3d to 3s G.l per bushc Giasa Seed continues in good demand, and lin-Ines, hat been tiaueaetcd ut jiriucs va between J3 Jj

and 6s 7d per bushel; indifferently cleaned, according to sample; cockfoot, !>}d to 5Jd per Ib, Potatoes.—The market continues dull. No large salea have taken placo during thu week. Growers appear unwilling to patt oxcept at full rates. Prices nominal. Cheese and Bii tor.—7.Ul for tho former; Is Id for thu latter. *

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18820729.2.4

Bibliographic details

Otago Daily Times, Issue 6384, 29 July 1882, Page 2

Word Count
714

COMMERCIAL. Otago Daily Times, Issue 6384, 29 July 1882, Page 2

COMMERCIAL. Otago Daily Times, Issue 6384, 29 July 1882, Page 2