WAIHI RETURN.
£25,255 FOR THE MONTH,
. BIGGEST OUTPUT TO DATE. 1
A fitting finish for the year is the return of the Waihi G.M. Co. for the past month's operations, beating as it does by £ 1000 the former records, al- j ihough nearly 100 tons less of ore j >-ere treated this time. During- the j four weeks ending December 10, during which period the mills were runsing- 24 days, 7654 tons of quartz $vere treated for a return of bullion jvorth £25,285. The average value per ton of the ore treated was £3 5/10. sLast month's record return was £24,J23 from 7759 tons of ore. The output .this month is £5000 more than the total yield of the mine in 1394. The output for this year is £95,531 ahead of that for 1597, the mjbrease alone exceeding the total yield from the. mine four years ago. So far the total output for IS9B is £242,871 6/S. As there is still a small clean-up before the end of the year, and some tactual bullion returns are not yet to band from London, no doubt a quar, ter of a million will be the total yield j tor the past 12 months- The grand j output from the mine since 1890 now bulls £879.435 4/5, of which* £34 0;509 bas been distributed as dividends. The appended table will serve to show the Say in which the monthly returns have increased during the year: — February, from January 5.... 14,796 14 8 fe? h*nri Z'.'.'.'.'.'.'.'.'.'-'- IVMB 1 11 April -na o? 945 9 0 April 30th -- %1 „ 0 >ia>' ...• 18,209 3 3 JuP e ' 20.955 10 5 J" ly ....23,449 0 0 AiicTJit 21151 6 9 September •; 21 ', m 1S 4 October 24 > m 0 0 November 25 255 ff 0 December • . ' . Total for year 242,871 9 8 TOTAL BULLION WON. The returns since 1890 are as follows:— £ s. d. I^H« 23,935" 5° 11 }fj; \\ 44.853 2 4 1892 " 61900 10 11 \f a { ... 82,827 2 2 I^2 i 120,334 2 2 !£*» 137,321 8 2 ■ }®f 144,000 9 7 ■; ISSS to' December": • 242,871 9 8 • Total output _£879,455 4 5
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Bibliographic details
Auckland Star, Volume XXIX, Issue 302, 22 December 1898, Page 7
Word Count
357WAIHI RETURN. Auckland Star, Volume XXIX, Issue 302, 22 December 1898, Page 7
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