WAIHI RETURN.

Auckland Star, Volume XXXV, Issue 201, 23 August 1904, Page 2

WAIHI RETURN.

£52,643 FROM 19,690 TONS. During the month ending August 13, the Waihi G.M. Co. crushed 1^699 , tons of ore for a return of £52.643. Ths brings the total ou'iut up to £3,568,393, of which £ 1,427,890' has been distributed amongst shareholders. -Appended are the detailed returns:— Total, 1890 to 1903 £3,153,386 Period ending— January 30, 1904, 19,630 tons .. 50,259 Keb. 27, 1904, 19,874 tons 53,267 March 26, 1004, 2U.533 tons 51,404 April 23, 1904, 20.913 tons 50.338 May 21, 1804, 21,022 tons 5a,46-_> June 18, ISO 4, 20,055 tons 52,M(JS July 16, 1904. 19.798 ton:-. 52.2;;!; August 13th, 1904, 19,690 tons.. 52,6(3 Total to date £3,568,393 Total dividends £1,427,890 ROYAL OAK. The Royal Oak G.M. Co. last month banked bullion worth £997 as a result of ore treated. WATHT EXTENDED. The manager reports that during the past week driving into the footwall country rock has been- in hand. So far 12ft has been driven, the country penetrated being hard and of a tough description. As there is no indication of another reef being near at hand the manager intends to stop this drive, and start dr"ving on the course of the reef when ore of a good quality is very likely to be obtained. MINERALS, LIMITED. A meeting of shareholders In the Minerals Co., Ltd., was held at Mr R. K. Huiit'B office at 2.30 o'clock yesterday afternoon, when there was a good attendance, llr J. M. Chambers presided. He explained that there were liabilities amounting to £111 12/2, and unfortunately the drift that yielded 4dwts per load did not last. The company had therefore to face the problem of whether to go Into liquidation, reconstruct, or issue further shares. If they dropped this property the vendors would take it up again. If they went In for reconstruction It would cost money. The best course seemed to be to issue 2000 shares at par, which it was hoped shareholders would take up in order to cave their money and plve the property another chance. A circular had been issued to shareholders suggesting that 2000 additional shares be issued at 5/, of which 6d should be payable on all«>tment and the balance in calls of 6d per month. They were prepared to give a bonus of £ for £ nut of profits. If the 2<MO shares wore taken up it would give £.".00 with which to put in the tunnel and prospect the property. It was for the meeting to decide whether tt was worth while to po on. Already BSJO shares had been applied for, and another 495 had been promised to be taken up. All the directors had taken up the new shares.

On the motion of Mr Rersley, seconded by Mr Glanister, the meeting decided to npprovp of the sucsestioii in the circular, the directors being duly empowered to issue the 2000 shnres on the terms therein stated, nnd an additional 2000 If more were applied for. Kefore the meeting separated, over 1400 shares had been applied for. fcHA REM ARKET. AUCKLAND STOCK EXCHANGE. TO-DAY'B QUOTATIONS. BUSINESS DONB--MORNING CALL: Knrannl Caledonian lOd, IOJd fcJcUpse 9d New Moanittalarl 1/8, 1/7 Golden Belt (p. v.) 3/1 Old Haurakl (coat.) „ 2/5 NOON CALL: Kuranui 1/8, 1/9 K-uranul Caledonian. .104 d, lid, ll}d,l/. 1/1 Mahara Koyal 6d, 6Jd Kellpse Bd, 9d New Moauatalari 1/8, 1/9 Pride of Walhi 1/1 Talisman Consolidated 8/1, 8/3 Bunker's Hill 2/9, 2/7, 2/8 Old Hauraki (cont.) 2/e N.Z. and Klver i'lute 25/6 STANDARD STOCKS— Seller*. Bayers. Bank of New Zealand .... — .. 108/6 New Zealand Insurance .. 95/0 .. 93/0 National Insurance 23/0 .. 22/3 South British Insurance .. 140/0 .. — Standard Insurance 19/3 .. — N.Z. and Kiver Plate (old) 25/6 .. 25/0 Hikurangi Coal — .. 13/0 Tanplrl Coal l!)/6 .. 19/0 Auckland Oas 288/0.. 283/0 Thames Gas 32/6 .. — Uulon Steamship 1270/0 .. — Northern Steamship (cont.) 8/6 .. 8/4 Devonport Steam Ferry .. — .. 36/0 Kanri Timber (p.u.) — .. 14/3 Kauri Timber (eont.) 4/9 .. — D.S.C., Limited 12/3 .. l^o Theatre & Arcade Co., P. 20/6 .. - Milne & Choyce, Ltd. (ord.) 22/6 .. — Northern Hoot — .. 7/0 Klverhead Paper Mills .... — .. 32/0 Union Oil lfl/6 .. 18/» MIN ING iSTOCB-S— Knrtrnul 2/0 .. Kurannl Caledonian 1/1 .. 1/0 Mahara Royal 0/61 -. 0/51 New Moanataiarl 1/10 .. 1/8 New Eclipse 0/9 .. 0/8 Crown 6/3 .. — Golden Belt (p.n.) 3/3 .. 3/0 Golden Felt (cont.) 2/10 .. Komata Reefs 2/4 .. 2/1 Tnlisman Consols 8/0 .. 7/9 Waif-' 122/6 ..118/6 Wain! Consolidated 1/5 .. 1/2 Walhi Consols 0/4$ .. 0/2 VValhl Extended 7/10 .. 7/6 Walhi Grand Junction 50/0 .. — Pride of Walhi 1/2 ... l/o Coronation 0/6 .. 0/4 Bnnker's Hill 2/9 .. 2/7 Hnnxßkf F-rehoid 0/6 .. 0/5 Old Haurakl (p.n.) 2/10.. 2/5 I Old Hanraki (cont.) 2/7 .. 2/5