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THE GOLDFIELDS., Auckland Star, Volume XL, Issue 78, 1 April 1909
The .returns"fr-em---the.Hiiae6-fltt -the Auckland: goldfields for the..month, of March' are -satisfactory-, -the -six.com- - naffles-m'theiOhinemuri:Counfcy_prpdnc-int" £104,806 10/9. "This _, is, however, partly due to-the fact that in this month . there are two returns from the Komata Reefs, and'also a couple from the Grand Junction. The total returns for themonth amount -to':£lu6J9s 19/4. Ap penned are Jhe.deTailed returns:— £1.892 0 0 Komata Keefs •_. 1,774 0.0 .-KaihLrGfand- Junction, 420, tons • 5 - 784 ° ° Kaibi-Grand Junction,. 4111 tons •"-••• °' 103 ° ° Waihi G.M. Co., 31,423 tons.. 73,135 0.0 Ta:lsman, 3856 tons 17,088 10 9 WalOfaii. 107-tons "45 15 0 Tairua Broken. Hills, 225 tons 523 0 0 Waitangl. Ssoz 17dwt 246 18 6 May Queen, SO loads ...... 440 16 i Kurannrs tons. 4io'i (trial).. 10 « .0 Bendigo,. 6 tons It 18 » Ifotal ontpnt for March ... £106,795 19 * . . -" - -SrIAREMARKET. A marked improvement was noticeable in business on the Exchange with the opening of the month of April. Talisman Consolidated shares sold at a,shilling advance upon yesterday's quotations, changing hands at 47/. Grand Junctions had a similar advance in prices transae- : ti'ons being reported up to 29/, and Royal Oak's sold at over a shilling increase on - • yesterday's figures. In the latter in- - stance the rise was due to the fact that a telegram was received stating that 100 r - lbs. ot picked stone had been secured. A better feeling also existed with regard to Old Haurakis, sales being niadeat 11.} d., as compared with buyers at 9d.-yesterday .Crowns changed hands at 4/, and contributing Alburnia were transferred at 9d. The demand for Waihi shares continues .steady, buyers of to-day offering 184/. A sale was reported in Consolidated Gold- " fields at 14/, and Waitangi Consolidateds Were a shade firmer, being sold at 3/6. "There was also a 'better feeling as regards investment-stocks. N.Z. Cemenfe - ware sold at 36/, while for new issue 29/6 was paid. Ordinary Tram shares again sold at 22/, and contributing Kauri Tim-' - ber at .l 4/10. A shilling higher was of-i i 7 fered for Bank of Uew Zealand shares;] "anrLAuckland Gas had demand at 285/,| -'•while 17/9 was offered -for -Hikuxangij Coal and, six guineas for Westport. in-1 quiry was made for-iS:Z. -.r*apeT-Mills at 21 /%■ a-nd for Wilson's Cement at-37/3 - - «nd 36/6 for the respective issues. TALISMAN CONSOLIDATED. A correspondent, writing from the Bay of - Islands- with regard- to the position ; taken up T>yf3lf.• J-. T. Hendry in'cbHeet- . ing states-: '"1" cohsidVrall who hive the■Xjompany's interest at heart should take' up the jn'atter of collecting .proxies by way of strengthening the I .'position "of our Auckland representative | on the London Board. We. arming Mr.. 1 1 Stafford this" way, will let the direc-1 torate ccc that the Northern share- ] .'holders are combining; — [unity is will have,to be reckoned . with - -as mucli— (and perhaps more) —' es our Wellington neighbours. Personally I believe that should we give the Wellington shareholders all the running, one of their first acts will be the removal of the present local (Auckland) office to Wellington. From what I gather, Mr. Stafford may use the power ".we give him "as he thinks fit, being quite ■totramnielled with promises in any ' "way. I hope the Auckland people will ' ""stick together just this once, and vote ior our own interests." JSEPLY-TO -AUOKLA?iD -OBJEE3TOKS. -. '."...'OSy . WELLEv GTO^f, Wednesday, j The qnestion of. "local representation . jof Zealand shareholders in the Talisman Consolidated §old Mines at present agitating the minds of those 'who are interested in the company, was brought under the notice of Mr. T, ffiiailer Weston, a member of the local committee, to-day. Mr. Weston said the appointment-of himself and Dr. Prender-' ~~~gast" "KTTigEt as a., local committee was the outcome of the desire of the Wellington committee to keep shareholders liv'lpg at a distance from the mine fully in- .". "toiTrred as.to.what was_going on on lie property. Previously, shareholders had Jjeen influenced to a great extent by ''information that was : received "under- " ground," "and that was generally ejag-.-iterated one way or the other/ Neither;] TDr. Knight nor hupseli had as yet ie~.' eefrea any remuneration for their services, although'" th"ey had been at eon-- _ jiderable .personal expense in connec-1 Hon with travelling expenses and correspondence in watching the interests of I 'ShaieholdeTS. T.biy had had during th« ; past nine months to correct information supplied to shareholders by members of the Auckland Stock Exchange, who. (themselves held hut very few shares in the mine, although they had claimed to «-aise a loud voice in the management of its. affairs. Referring to the removal of . ih'e jjffices of the company to Wellington, Mr. Weston, said, this had never been gecomrnended by the Wellington, eqnv knitteei ' 'Auckland ■ : shareEol3efs," who Sad been working harmoniously with the Wellington committee, knew this perfectly well. The suggestion that Mr. ptansfleld, the mine manager, was to be interfered with was simply absurd. Dr. (Knight and he -(Mr. Weston) were on the best possible terms with Mr. Stansfield, and had too high ah opinion *of. jhrrri to intarfere with him. A letter from London received that day from "jßewick, Moreing arid Co.,* showed that that firm was assisting the directors nominated by the Wellington commititee. Those Wellington shareholders wbo present at the interview with Mr. ILoreigan, the Australasian represenia#ve of Bewick, Moreing and Go., knew (that there was riot the remotest chance jpf Wellington shareholders taking acjtaon, having the effect prophesied by at Auckland. Dr. Knight, swho was present at the interview, said pc had this naming received a late fee letter from the secretary of the Talisman _ Company, stating that the Board lad ; Unanimously resolved to -notify "Captain - Smith and "Mr. TEtanna that their appointment as attorneys" of" the company in Jivew Zealand ''would in the S-vent of the Board.deciding to appoint a local advisory Board. It is understood that Captain Smith and Mr. Hansia receive "between them £400 a year : as remuneration, and for that sum they | kept the local registry. The Teas'ons in- ! . ;jiueing the -Bpard'to take this step are "'pot-given in the letter received by Dr. I -■ jSJUght, thought, .;.jj|;h>itiCaptam : ; 'jtofpiely-appb'nii'ed*'- - iyfroreing an'd'"iCo", iri thor "'cajMuaiy is
. ROYAL .OAK. HAUL OF PICKED :STONE. ,^iiß f ""inanager telegraphed this -morn-. iflgVTr-v'lOoib .of picked stone .front .No. 2 stope; gold still showing." This caused a .brisk demand to set in for shares, sales being made at the first call at 2s 9d and 2s 8d for paid-up issue, and 2s.Bd and -2s 7d for contributing. Xais 'is an advance of about Is per share since ' yesterday. (By Telejjraph.—Own Correspondent.) THAMES, this day. Quite a sensation was caused this afternoon when, after Mr. Adams' return from Coromandel, a massive piece of stone, forty pounds in weight, showing almost half gold, was exhibited at the Bank of New Zealand. Nothing like it has been seen since the palmy days of the. .Hauraki. The Royal Oak ore gives indication of being from a strong body of quartz in a band of gold several inches wide. KOMATA -REEFS. The following information has been cabled to London:—"For the period ending March 20th the tonnage crushed was 1400, and the value of the bullion recovered was £1774. The expenditure on revenue account was £1894, and on development work, etc., £298. Development shows no improvement."
THE GOLDFIELDS., Auckland Star, Volume XL, Issue 78, 1 April 1909
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