THE GOLDFIELDS.

Auckland Star, Volume XXXV, Issue 202, 24 August 1904, Page 2

THE GOLDFIELDS.

ON 'CHANGE. Business on the Exchange was not quite so brisk to-day in mm ng shares, but recent advances were, however, all fairly well maintained. Ruramii shares were easier, being offered at 1/8, whereas at the late call yesterday 1/9 was paid. Kuranui-Caledonians, however, again sold at 1/ and "1/1, and Moanatairis at 1/10. Free transactions took place in Alburnias at 9d. and Eclipse sold at the same rate. Golden Belt paid-up shares changed hands at 3/2. New Saxons were quoted for the first time to-day, being wanted at 3d. Komata Reef shares improved a little, the selling price being raised to 2/5, wh'le buyers offered 2/1. Coromandel shares were neglected with the exception that buyers came in for Harbour Views at :id. and sales took place at 3id with no further sellers quoted. Golden Sparks were also wanted at 2d, Standard storks showed one or two upward movements. Buyers of Bank of New Zealand shares advanced from 108/6 yesterday to IJ2/6 to-day, but business did not result. New Zealand Insurance shares were also firmer, being wanted at 94/6, and buyers of Auckland Gas advanced to 285/. EXALT. The leader has increased in size in the drive north, and shows a little gold. A further improvement is looked for a few feet ahead. In the south end the ore won from the rise shows gold freely. HARBOUR VIEW. The cross-cut in the Associated sec tion is still in h:ird ground, but it is expected that Hanny's reef will be cut shortly. The cross-cut is now in 363 feet from the main level. A strong calcite seam is at present crossing the face, and as the water is still increasing better country may be met with shortly. GOLDEN SPAHK. The manager reports that at each breaking down gold has been seen, and the ore is therefore saved for crushing. Although somewhat smaller, the leader is well denned. The manager adds that as the country is highly mineralised he feels confident that he is opening a payable block, with prospects of striking richer ore. TALISMAN CONSOLIDATED. The chairman of the Auckland Stock Exchange (Mr G. A. Buttle) has received notification from the representative of the Talisman Consolidated G.M. Company at Karangahake stating he was sending out notices to shareholders informing them, that new scrip will be exchanged for the old on and after the 23rd of August; also, that as soon as the exchange has been completed he will be open to receive transfers at Karangahake. As a good deal of business is at pTesent being done in Talisman shares, inconvenience results owing to there being no local office in Auckland where transfers can be left, as delay results from sending to Karangahake. Another evil is that there is no local office at which shareholders can obtain information regrding the progress of work, in the mine.