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ANGLO-COLONIAL SUMMARY. (From "Star" London Correspondent.)

Mr Brown, IHK, and Tuapeka. Mr Y. C. Brown, M.H.R., of Tuapeka, exacts to bring the mining business upon which he came home to a satisfactory conclusion in about a fortnight. The purchasers of the Tuapeka propeities merely await a cable from their agent verifying Mr Brown's statements. When this arrives the matter will at once be completed. Meanwhile Mr Brown is interviewing the leading importers, consignees and agents in the frozen mutton trade with a view to improving business for the unfortunate exporters in New Zealand. It is a Herculean task, and one that many others have attempted and failed in. Mr Brown, however , thinks he has got to the bottom of the abuses which eat up what should be the exporter's profits, and speaks hopefully of the future.

Captain Fair child's Sea Lions. The sea lions captured by Captain Fair child and sent home by the New Zealand | Government aie doing well in the ponds at the Zoological Gardens, where they attract a lot of attention. This is the first time this bpecies of seal has been seen alive in Europe. The Tuatara lizards which Sir Julius Vogel exhibited at the " Colindies " last year are also alive and doing well in the reptile house at Regent's Park, whither they were tmnsferred when the Exhibition closed.

Frozen It?eat. Frozen mutton is still losing ground. Last week carcases were sold as low as 2s 4d per stone, and less will be taken in a day or two should the present warm weather continue. The heavy stocks and the desire of consignees to get rid of their holdings is mainly respo asible for this state of things, which will probably continue throughout this summer. At present there are more than 80,000 N.Z. sheep stored, and fresh arrivals expected. At a meeting of one of the River Plate Frozen Meat Companies tho other day it was announced that a single n'rm of exporters had lost £20,000 in the last twelve months. I hope things are not as bad as that with you. Current rates :— New Zealand mutton, 2s 4d to 2s 8d per stone, lamb 2s 6d to 3s 8d ; Molbourne, 2s 4d ; River Plate, 2s -id to 2s Gd ; Falkland Island, 2s 4d to 2s scl ; Scotch, 4s Sd to 5s 2d ; English, 3s 4d to 4s 8d ; German, 3s 8d to 4s 4d.

Personal and General Judge Gillies and his daughter have booked passages (of course, for Auckland) by next month's steamer, the Aorangi. They may therefore be looked for in New Zealand about the beginning of September. A Mr and Mrs Martyn (late of Calcutta) are going to settle in Auckland, and will .sail by the P. and 0. Valetta on June 17. At Clorkenwell Police Court on Wednesday morning last, a solicitor, named Moore, applied for a warrant to arrest a cab-master and job-master, who was sailing for jtfew Zealand by the Ormuz that afternoon, and who owed him a large sum. The debtor, it was stated, had secretly disposed of his business for a good round sum, and was levanting to the colonies leaving numerous disconsolate creditors in the lurch. The man's name did not transpire. At the sales of kauri gum last week 934 cases were offered, and 470 cleared at rates ranging from L 2 to L 4 a cwt. only. Tho decline was most marked in the case of black and brown kinds. Since the sales business has been slack. At an extraordinary general meeting of the River Plate Fresh Meat Company, held last week, the Chairman announced that owing to the depressed state of the fiozcn mutton market, they had, during the last 10 months, lost L 37,500. The capital for James MacEwen and Co., the Avell-known colonial house, which is being turned into a limited liability comjany, was subscribed live times. During the coming long vacation Mr Buller (Sir Walter's eldest son), who i& justi about taking his degree at Cambiidge, will vifoifc Aix-les-Bain.s for a course of the -waters and baths, whicl^ he hns been oidered b .Sir W. Jenner.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TAN18870730.2.45.16

Bibliographic details
Ngā taipitopito pukapuka

Te Aroha News, Volume V, Issue 213, 30 July 1887, Page 5

Word count
Tapeke kupu
685

ANGLO-COLONIAL SUMMARY. (From "Star" London Correspondent.) Te Aroha News, Volume V, Issue 213, 30 July 1887, Page 5

ANGLO-COLONIAL SUMMARY. (From "Star" London Correspondent.) Te Aroha News, Volume V, Issue 213, 30 July 1887, Page 5

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