MINING

Press, Volume LXXIII, Issue 22269, 7 December 1937, Page 13

MINING

MATAKI JUNCTION Murchison Mataki Junction reports a wash-up for the week ended December 2 of 38oz of smelted gold for 117 hours and 20,000 yards. GILLESPIE'S BEACH The Gillespie's Beach wash-up is 50oz 13dwt for 114 hours. CLUTHA DUNEDIN, December 6. The Clutha dredge last week obtained a return of 1470z. During its seven months of operation the dredge has won a total of 57500z. The London office advises that the estimated profit from May 1 to October 29 is £26,350. OKARITO (*»XSS M«O0UWO» TBUSOBAK.) DUNEDIN, December 6. The Okarlto dredge reports a washup of 340z 18dwt for 125 hours' work. MATAKI <r B «B8 isaociitio* mlbobam.) AUCKLAND, December-6. Thp Mataki return for the weeK ended December 5 was 32 ounces for 116 hours' work and 8000 yards. BANK OF NEW SOUTH WALES

™« -Hank of New South Wales quoted

ASSOCIATED BANKS* DOLLAR RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice: — U.S.A. Canada. • (Per £1 N.Z.) Dol. Dol. .. .. 4.00 5-16 4.001 OX). .. .. 4.0011-16 4.00J Buying— ~ TT .. .. 4.03} 4.03 i O.D. .. .. 4.04J 4.04J

DAILY MEMORANDA— Tuesday, Dec. 7. AUCTIONS McKenzie and Willis, at their Rooms, at 1 p.m.—Furniture Auction Sale. H. Matson and Company, at Addington Trotting Grounds, at 1 p.m.—Timber, etc. Ford and Hadfleld, Ltd., at their Rooms, at 2 p.m.—Property. Hutchinson, White, Ltd., on Premises, 28 Middle Park road, Upper Riccarton, at l p.m.—Furniture and General Clearance Sale. W. E. Simes and Company, at Ranglora, at 3 p.m.—Property. Tonks, Norton and Company, at their Rooms, at 1.30 p.m.—Furniture Auction Sale.

N.Z. on London — _ „ £N.Z.to£100stg. T.T\ 124 124/10/124/8/9 Australia--TT. 101 100/10/- £ A. tofciou iN.^i. O.D. 101 100/10/F1 Je~F. to £100 N.Z. T.T. 90/7/6 O.D. 90/7/6 89 89 New York— Dol. to £1 N.Z. T.T. O.D. 4.0366 4.0466 4.0020 4.0060 Montreal— Dol. to £1 N.Z. T.T. O.D. 4.0343 4.0463 4.0019 4.0059 Austria— _,,-„. Schgs. to £1 N.Z. T.T. O.D. - 20.95 20.96 Belgium— „,-._. Belgas to £1 N.Z. T.T. O.D. 23.804 23.879 23.494 23.505 Czechoslovakia— Cms. to £1 N.Z. T.T. O.D. - 113.26 113.31 Denmark— „.,_._ Kroner to £1N.Z. T.T. O.D. 18.203 18.263 17.893 17.899 France — # _ T _ Francs to £1 N.Z. T.T. O.D. - 117.12 117.16 Germany— Reich, to £1N.Z. T.T. O.D. - 9.888 9.893 Holland— „,„_ Florin to £1N.Z. T.T. O.D. 7.320 7.360 7.170 7.174 Italy— „, „_ Lire to £1 >>.£• T.T. O.D. - 76.04 76.09 Java — »..„„, Florin to £1 N.Z. T.T. O.D. 7.291 7.331 7.141 7.145 Norway— _ „ _ Kroner to £1 N.Z. T.T. 16.182 15.892 O.D. 16.242 15.898 Sweden— Kronorto £1N.Z. T.T. 15.793 15.498 O.D. 15.853 15.504 Switzerland — Francs to £1N.Z. T.T. 17.535 17.265 O.D. 17.640 17.270 Noumea — Francs to £1N.Z. T.T. — 115.87 O.D. — 115.91 Papeete— Francs to £1 N.Z. T.T — 115.92 O.D — 115.96 Hong Kong— N.Z. pence to dol. T.T O.D 18 29-64 18 27-64 18 53-64 18 53-64 India and Ceylon— N.Z. pence to rup. T.T. O.D. 221 22 11-32 22 21*32 22 21-32 Japan— N.Z. pence to yen T.T. 17 33-64 O.D. — 17 33-64 Shanghai— N.Z. pence to dol. T.T. O.D. — 18 9-64 18 9-64 Singapore— N.Z. pence to dol. T.T. 34 23-32 O.D. 341 35 13-64 35 13-64 Chefoo— N.Z. pence to dol. T.T. — 184 O.D. —— 18 7-64 Manila— N.Z. pence to peso T.T 29 9-16 30 1-16 O.D 29 15-32 30 1-16