THE GRAIN EXPORT TRADE.

Patea Mail, 28 July 1882, Page 4

THE GRAIN EXPORT TRADE.

During a recent speech delivered by Mr Bathgate in the House, he said : —“The export trade of the colony in grain is month after month assuming larger dimensions. A friend of my own, who came out here after some conversation Iliad with him at Home, in 1879 and 1880, has settled in Gurnard, and has there established a large export trade in grain on the American system. He went Home some three months ago,-and I received a letter from him since the House met, informing me that four cargoes of grain which he shipped in vessels direct from Oamaru had realised, one in Glasgow 25 per cent profit, and the other throe iu London, under more disadvantageous circumstances 10 per I mention these circmiistaffcekpTo’ show that the period of depression which the deferred-payment settlers had to encounter is rapidly passing away. My friend’s partner informed me the other day that the people of this colony had not the most remote idea of the largo proportions the grain trade is bound (o assume within the next three years.”

At Napier, the other day, a tui bird died, aged II years. The bird could speak Maori very well. An. American millionaire named Mackay is about to erect an enormous structure. There are to be 1,600 suites of rooms in it, and is tocost £2,000,000, and when finished is to be used as a hotel. An Otago gentleman has just imported three bulls, three cows, four heifers, and two calves, all of a celebrated breed from Aberdeenshire. :