THE GOLDFIELDS.

Auckland Star, Volume XXXV, Issue 194, 15 August 1904, Page 2

THE GOLDFIELDS.

0 ' ' ON 'CHANGE. The fact that 151b of specimens were obtained from the winze in the Bunker's H 11 mine on Saturday afternoon caused shares in the company to make a ' sharp ; dvance this morning. The first ; sales were at 2/4, and free transactions ' tool: place up to 2/8, after which sharee ,' changed hands at 2/6 and 2/5 with further demand at 2/5. Hauraki Freehold shares also firmed slightly, being sold | n.t o?,d and Gd. For Thames stocke, ' Kuranuis had a good advance. Open- ; ing at 1/1 this morning, sales were made at 1/2, 1/3 and 1/4, and subsequently at 1/2 and 1/3, with further ' buyers about the latter figure. Kuranui i Caledonians sold at Id, and the same j ' price was offered for Mahara Royals. In Ohinemuri Tnes, buyers of Talismans ' advanced to 5/, and Extendeds sold at ! 8/2, and further lines could have been placed at about 8/. Standard stocks I' were well held. Buyers of Bank of New i i Zealand shares rose their offers to 104/, : and River Plates were wanted at 25/, ; while inquiry set in for Westport Coal : at 142/. Other lines were unaltered, ' WATrTT G.M. CO. ; ANOTHER 2/6 DIVIDEND, The Waihi G.M. Co. has declared an- ' other dividend of 2/6 per share, payable on September 1. This makes the 46th j div : dend declared by this company, in i ' addition to which a bonus of 2/ per i' share was also paid last quarter. As ' there are 500,000 shares in the Waihi \ Company this means the distribution ! of £62.500. and brings the total paid out by next September to £1,489,596. BUNKER'S HILL. The manager reports sinking is still being continued on the 4in leader in the ■winze, where lolb of specimens (as wired) were obtained on Saturday, and gold was still showing. The manager added: "I will break down on Monday, 15th.' J MINE MANAGERS' REPORTS. New Eclipse.—The Junction of the Vnlcan reef with the Eclipee main reef was met With on Friday SOft from the bottom of tho winze. Since tno Intersection of the junction, which took place on ,tho footwnl' side of the Eclipse reef, the latter has been cut Into about 4ft with as yet no sign of the hanglugwall. So far no gold has been seen, but the ore Iβ of a very kindly character, and carries good mineral Indications. The management intends cutting through i ■■> t'i" ; " • f'-'oul , delay, and I then will carry the "dig" along on that j wuu »v l*_ i—,_; L .uu-i ia expected to be ' met with. Old Alburuia.—The drive at the Moana- • tulari tunnel level on No. 1 reef is now in 170 ft. About 4ft of the hanjjingwall portion of the reef is being: broken out, but no gold is seen In the ore. The drive on No. li reef is In 63ft, and during the past week that ore body has opened out to such a width that only about 4ft of the footwu.ll portion is at present being broken. The quartz looks well, but shows no gold. ■ Lhiuraki Freeholds.—Owing to the Increased quantity of water that there is to contend against in sinking the winze on Anderson's leader, work had to be sus- ' l pended on Thursday last, and preparations J are now being made to extend the interI mediate crosscut driven in the early days by the old Golcondn G.M. Co. An additional GOft of driving will intersect the lode, and thus give 40ft of vertical backs to be operated upon. The last ouartz - broken in the vrinze showed colours ril • gold, and the lode altogether maintained , its very promising appearance. In the ' i stopes 1, 2, and 3 crushing dirt is being obtained in which gold is seen when breakt ing down, and occasional stones of extra . value are selected for the bag. Nothing , has been done on the north reef this week. (From Our Special Correspondent.) x LONDON, Jury 8. The Hauraki Gold-mining Company no longer exists, for at a meeting of sharei holders held in London last Tuesday it was - unanimously decided to -change the name j of the company to "The North Laehlau , Gold-mining Company, Ltd.," that being • the name of the New South Wales property to which the shareholders in the old Hauj ralci now look for dividends, and appear likely to get them at no very distant date. I Speaking at the meeting of the company's ; New Zealand interests, the chairman said: < "We have now no interest whatever li , . New Zealand beyond the 4000 shares which l are held in a local company, being the balance of 10,000 shares received in pay- ' ment for the old property. We have sold I t>ooo of them locally, and although they i were only half-crown shares, 1000 of them 5 fetched 4/ each, and none of them haye " been sold under par. We have now 4000 i left. The local price is 1/9. We are watchr ing developments carefully, and we shall , take the first opportunity to sell our shares, and so entirely sever our connection with " New Zealand." t bHAEEMARSET. ~ KOSINESS DONE— a, Waihi Extended 8/2 Pride of Waihi 1/4 Kuranui 1/, 1/2, 1/4, 1/2, 1/3 Kuranui Caledonian 4d Waihi Beach 34a Bunker's Hill . .2/4, 2/5, 2/6, 2/7, 2/8, 2/C, 2/5. Hauraki Freehold . .„., „ 6d, sid STANDARD STOCKS— v Sellers. Buyers. Bank of New Zealand — .. 104/0 II New Zealand Insurance .. 95/0 .. D.'J/G t National Insurance — .. 22/,' i t Standard Insurance 19/3 .. 18/6 N.Z. and River Plate ..... 2D/3 .. 25,0 Hlkuiangl Coal — .. 12/6 Taupirl Coal 19/3 .. 18/fj it Westport Coal 14G/0 .. 14iVu 3- Thames Gas 32/G .. — a I'almerston North Gas .... — .. 00/0 •h Union Steamship 270/0 .. \- Northern Steamship (conf_) 8/8 .. — s_ Devonport Steam Ferry .. — .. 36/0 J Kauri Timber (p.u.) — .. 13/0 ie Kauri Timber (cont.) — .. 4/1 " L.OB. Timber 40/0 ~ 38/0 v, Mitchelsou Timber 13/0 .. le _ Himu Timber 23/6 .. 22/6 ° Mosgiel Woollen — .. 76/0 :• D.S.C.. Limited 12/3 .. 12/0 Milne & I'lioyce, Ltd. (pref.i 23/G .. — Milne Sγ. Choyce, Ltd. (ord.) 22/6 .. — w Northern Boot — .. 7/0 Q Kiverhead Paper Mills .... — .. 31/0 l a Union Oil _ 19/6 .. — c, :i- MINING ri'fOCK-S— s> Kurauui «... 1/5 .. 1/2 p. Kurauui Caledonian 0/5 .. — Ie .Mahara Royal — .. 0/4 w Old Alburnta 0/9 .. 0/5 Crown 6/3 .. 5/10 ~ Golden Belt (cont.) 3/0 .. 2/9 v Kotnata Reefs 2/3 .. 2/0 y Tnlisman Consols 5/2 .. 5/0 v Waihi 122/6 ..118/0 , t Wnihi Beach 0/4 .. 0/3 i x - Waihi Consolidated 1/6 .. 1/3 ,t Pride of Waihi 1/5 .. 1/3 ~ Wnihi Extended 8/2 .. 8/0 i s Waihi Grand Junction 51/0 .. 48/0 v Wnihi South 0/6 ..0/5 I, I'.unker's Hill 2/6 .. 2/4 • Hnurnki Freehold 0/6 ... 0/5 j Old Hauraki (cont.) 1/7 .. 1/4 t Koyal Oak 3/0 . . —