FINANCE AND COMMERCE.

Dominion, Volume 2, Issue 569, 26 July 1909, Page 10

FINANCE AND COMMERCE.

WE LL INCT ON , AH E. LIST

'i*Sf'<l]^estm^nfesliare^ v *&?£&« \transabtipns iTecor.ded., , ' Bank' W"p -3$ of ,\ Wew>Zealaridi :; .biiyers : fas9'-' 2s; ; : 'GdiivNational seller's -£i ■ 95.; ■National; SSJK.'leris- £3 ;;: Wellington ilriyestinerit^-.buyers; i -lls.r i;fl' K:i/ 9d^t'cuinv^iy,r : iCliristchurch i; Gas,hbuyers^llß. , fe:v:s'??. ; Ss:^eilding;Gasi-buyersVil v ? s::ls;l^^AVenington/:Gai^^lo; ; p;aid,:'buye;rs i's;:'? ; ': ! i6elleTS i£l9U2s. 6d;;:'riew;' l issueV , bu'y^r;s'S2i.'ssf : ;: :!i^'^Premium ; ;:Standurd':Jnsurance,.;buy,erdvai j'iNeK Zealand vbuyers.:j£6:l7s;V6d; ivTantiiri' :»^wCqal^sellers, is/jVWestport;C6al,-buyers':\£G; ; ;f*:K:i; e yj an d.O'BrieriA.:Timber,:Csel]ers ; ';:iei' ;2a:^3d. : -;; SSSK;^^, 6d;r ysy ! i:brewery: ; ■'•'fft ■;;■ ton; Operas House," Sellers''iCT-" 175.-:: 6d. ; : JjiS^p^mbe"'anil^pmßs;;^;!paid, ; Gd:;dprieKoiii within, ■ :; :r /K{ ! ?emall ■ compass.:;;Wavhi^.Grind;iluncOpri;,sliares u> ; -: .o,' Xyere'- : >iri' %obd" '■■ demaid/Candvtwo:'sales; were : ma^e = ;on- : ;had"quiftancdvpn't'Ghaiige.at: 5s. iO Gd.; ■"=■■•' reported- 'iwerei— S:S: :i Mll^2s*!^d:J?2s^^av;?'CdlsolidateU" , Goldfields/ :>sm ; * r ; 2Os;:K6di; ! rand; i; Dixpn ; r. v,: The; » ivK ; vquotations,■• :vdt)i/last ; ,Tecprded- : siile's,.?were/as ; '-:■},! 'Ditii jiSj:;*:: \M :: ,: % ';-<:. •K: : J'i, ■ ::r ,^^;.

: ,-'a;i; v ;; giyen/below;!ysliwysSthat\the;! market' has ;been' hi S't^yerjf'actiye';.and' good ; business_has heen. done:--: !C r :}'?.' :i vßoiiSgoV Jli-'i^^v^.':^''' v vr ;':r-j/',\f-; •:;;.■/■ ;&7v,HVWc6nsolidated.. Go'ldflelds, 195. , ' 6d.;l?s.< S±, \m.', ■rv:'"->iV2OB;,- ; 2osv 6d., ZOs. .ed,' , /'•// i'o■-./' ■■• a ■ /:■ ■':' • '■ •'■ -■ .*W.v;;v 10d;.- ;il3d. .•;'.•:■■ ■-.•;vy;'..-iV.*-.Dixon,.C6tisplidated,:ls.-. ■■</-. ;, ;' -v >-. •■: '. •'■■■ ~ .-■'■"■ , i:vi'";'-;-"-:i'/'.-Halejron,.-'sd;.■■■■• ;.';'- :: ". / :' v >--t.V. '.■•;•;■.:, VV.; ;: . ; . : - '■;■•"-V - ■ ; ;->''^^Kuranui'Cale(lDnian,'2g;4d.:. : .;■■;.••:';■;, ■ ■ ■' ,;::i:t-.''vMadriland, 10d., -10id.,/lld.; 10d., 9d.-.-..-.':.v.' ■•'-' ■'■/■: Queen, 55.. Bd.; sa. Ud. ■■',-:■'■• -■' •■■■: '■'•■■'■ ■"' ; Y-v*:v..;.-New Zealand 7s. 2d;,75. ljd., 7s;, -y::^v ; :6s.:llsd.;ii3: 10id.,6si : 9Jd: ■.::/:-;■ ./.r ,1 ':;. :;■-.•■: ft- : .■: ■ New.Sylvia, ,3s. 5d.,/3s. .9d., la. 1d.::.,- ■,; .>■'■ ■ . : '" ■:ivi';i;v VW gatiawa;:s*d.,'/5d.."'/v: : .5 ; ; :::':- '~- ,v..-■■.': . / &;;■-./;. /:-' V; '-'vr>,Vi.-Eeliancei''6dA-?. , :-:< l T ; - i'-ife'-^'"'^'*''*,'-. , "- S-fl:': -^/fr /^;Shot6verr9id;.'; :(t^--.' ; ':W";C;'r^;,:^:.rv-j- ; ■ ■•';<."'■■ v:-;:./i v/Saxdn,: Zs.'- i .4»U.j:-:25.-.:4di-.-'i.'-''.:' V:< . ; - V: i , -- w --'-\v--: ;■',.■ .';;:■':.: '•STalma .Broken.Hills, 2s. 6d., ,25.',3id.,'. : 25." i 2id;-~-■;\&:Ka -Talialnan,'SSs:;v 565., ;-553. vfid.,:55a..-9d., ''655: 9d., .sS:¥Vf66s:-:3d.,; 675; : .6d.v.:■■■■.:- : V^, '■.:■> ;': Wai6tahi;::7s;;K7s.-6d.i-'7g.:6d.^83. : r9d;; t 83.'9d,; Bs. Jld.i- '7a. 9d.v 7s.".Jd.v >r ■■-; ! -; :, y .• i;^ ;; :v,;iTVaihtConsolidated, 43. 11jd , ., :4s.' lljd., ;V:S'--:-."';iß. ; -llJd:,'-53i;- , '13.\ , 111d.; , .55ivia.,-'saJvlia.;- : ss;:iW.,-~ss. W^- ; i. 6d., 6a. .Vd-v-.6a , .v.6d:.;5a;-6a.:'- , £ ■: : :^;;. ? :'iV:..--:^.--■ l , : V;■■•.-:■■v";. WaihivGrand Junction^,lßs., -48s M ,, 18s.,; r ilßs. f3d.-, ■V'/•;■' 495:;-:'49a.; 495. 4d.,'495. , 41d. < -50a.' 6d.i' : 6ls'. : Sd., 515". ; 6d.' ■:-'v-;;.:;f:V'.vWaihl;--£9 ■ 2a.-:-6d:-U'-- : ■ ;.-■■ •. ..■■■-: V;- ■■■„.•; •'■. :- : '■ :^iv ; ;IVaihi". Extended, 6g; 9d:, 7a. Id;,' Is. 'Id./ 75., J^» t /:6sj' : ;';■;;-. ■ ■- ■.-. iv:> : '; v .Wiiitangi,:4s;.:2d., 45.-3d.,45.3id., 4s. 3d., 45.'31 d., :: : 4d.,' 4s:3d.V 4s; 4d., ;4s. lid., ; :43.'5d;;!45.':5d.iV45. 6d.,45-.4d.,:43. 5d; v v : ' . \ ':■'■ ;;:;.;■- •;Watc]iman, ;23jM:V:v{; ;:-' ; .v. ; V::' ■■■ ■■..■■., i^ -o>' I l :^ ■' Avenue; '■ ] ■■^"' ; ; : j: ;-'■•: 'The 'Customs,, revenue-colketed ';last " 'week ■';;; J;-,, : ! ampunt«d vtb.iiSß267- 11s. id:,-'arid : the beer duty •; ?;■:}].' foV: ; tlie "samo v *period;. was ', SUSA.;- 13s:, 3d. sThe; 'J-'i/. pfigureg ifpr tho; corresponding month last year' ':}': i. v.wefe. ".Is:, dd.) and. £Ws • 'Is.: respectively. ": .':• , r ; The Customs reveriuo -on Saturday was i' 1203 ■; : /p;.fglss.:9d. :::; ; v - ; y ; r;;.-?; ..;•;: -iv. ;::;.,;.-.■...,;:; Imaeket.;repoiit.'; ■ ■ ': ■ ■•■> ; ' v;:,';: Messrs. ;A.'.-'H/\!A_tkinson'VMd'.'.C!diji_lttlvi're-''-'5 1, . , ' iPort •: a,'g6od;;eiitry' of ■ pigs."'.''-.- Salfes 'made' 'in' ■ '( I;, ■;. lavonr;'of /vendors—a good.; clearance rrteulting :'■■':.' :'at:;values right'.upjito late rates. \. Largo, sup--' t<)''/.-Jl plies of .produce-: came 1 into, the .rooms, and .a ,';,'.'.} r ; > brisk ;.demand j cleared nearly;- everything .on ■ ~ :v;.- '/hand.:'-'. Poultry, of ./which ..a. 'full; entry >'was S' ''■■'■■ : "emned, : sold : at' very; high rates, a. v«ry keen emand .'running for. every bird offered. ' ; •Thu. i ■ *; -. 'itown and";suburban" properties offered on .be- ! :;',.■}■■".:half."of. Jloncktonl did not.'realise upset '-■ ii- ■ ■:falnes,! ! arid aro open'to. private treaty. : Quota-■■(K'-:v:tio, ns:^Pigs:'--.sVeaners;-- l lls.v,'6d.' ! .tO' 13s. 6d.j rt '-.V•'•■■"slips'; 125.; 13sSl3s. Gd.,-145., to -lGs.' 9d. ;'stores, :- : A ■■■^2s: , 3d:,.165.,; 175.:3d., ; ;225.:64:;':p0rker5, ,'; '■■', : i:v2ls.--6d; ) ,255. ,6d;; .Uarrow, 20sV; baebners, ..3-ls. : . ::"■-' ; : /6d:":Poultry:.'.Hens, 'Is: Gd'., Is. 7t!:, isL Bd. y ;ls. ££:/% 9d.j Is!' 10d.,' Is.', lid., [ to 2s. 5d.;- roosters, ,Is. -' : 'i;..Sd:,: 2s". j Voting roosters, lOd. to 2s. 7d.; pullets, i^ ■■■Bs.;' purebred, 15.A10d.; , ,25; 'Id., 2s: 3d.; 2s. Gd., : ''M''< : -Zsi,' 3s/- Id:, ;3s: - lid; ; : drakes, • 2s.V 5d.;; all-. at .;' -; : '-. ■.each.' ••Produce: "Nelson■ dessert '-apples, Bs. to ;/ ; v lls. case; potatoes, • table, Bs. 6d., Bs. 9d., to *'; •' ■ 4 10s. Gd:;. pig,,;,2s. Gd.. to As. Gd.;. W.S. seed, ■- : .-'-'*''''>'-.65;-'per- , sack;:cabbages,"ls.'.3d.; 2s:; parsnips, ';i: : ' : :h 2sy, 2s;/Gd., 3s. .3d.; carrots, 25., 2s. Gd., 25., 9d.; '::•. : ; !:niarrpws, 25: ; Gd., , .35i 45.;3d.; sack; cauli?:':.'K' flower. 2s: Gd/ saok; pumpkins, , ' is'.'-'sa'ck;'large! !./ V! .'"pumpkins, Jd.Vlb.; onions, 2s. Gd.! per 2111). K.-!# bag; 11s!' ISOIbV -bag; ;whe'at,';:lss. 1 Gd; ; to; 17s.' : :: :';/' sack;!dajs,,Bs.,:los: sack; pigmeal,'9s.; pressed '■'<:. ■!■'■!: hay, ,25.. bundle;,:bran, ,55.'.-9 d .: sack; factory :!.:••, bacon, sides 7Jd..."' per, lb., ham Bd. -.-; ■'.:. . 'M€':; ';■■':•' ■ '.: \ '.■'■'•-•S':.' '■'■: The . ; !New .Zealand7Loan-' and: Mercantile., ft f !■'..' Agency-.Company,' Ltd., have received-'.tho fol;//•.:flowing!cablegram from their London house, i- !:' : !!under/yesterday's date:— , ! ■: ■' ;;',"■',.';;•■ Frozen Meat.—The market for • frozen mut- ;'■"! r ; 'ton/ is 'easier, and ; for .frozen beef (sides) : ; /;/v Vnnsteady!-: Sales of frozen .lamb are difficult to ■j v siefiect. "'■■?'-. ■ :.':'/-vV.--;! ■'■■;' : y- .;■!•■ ■■■'■- ■ ■■■■".. ■'.

i ;";: : ; :enm4Nd;retue-n,;-;. ; ■::' ■;. .' : J.ffly-'Teiegiiapi'.^-iPress 'Association.—Opbyriitht.). ; i [: }: y'V:c : ■"■:'::: ■" [•' : The:. Bank: of I'England/returii. issued for , the .»• ;w.eek ending .-"Wednesday, My; is.,; Mjmder :— '.'; j;;;.,' : ."-. :Notelßsue! ;; G'ov;securitieK£ll,6is,COO ; i:. ijK •■->■. -;■;';''■.':•■:' -:\ ',Vi'.' ; Other'6e6urU ■■■ ■ ;i..: , v ;;. ■.: ; -i'fcfi ; >-^;-^rtv^':;^-: : ;;;;: J ;';7.4»vbM'''-. !■'; ; ; d:■,';:'. :' : ;.'.:""S'v'vH':;;' >: r ;Goldi xy;, ;„ . 39,237,000'..;■ ;. i'- : :I.S';i'hi^^Uv'BAKKIKGDEPAIiTMEST.- "', i'S".'•;'.";'.'■ I 3': : '".sKoi)iie6>fs^i^i:.K'-'tiovt i se(!uii- : ,--' -Vvf; , ; • ■'- ;.,'" "c'iiiital'r"; f1J,553,000'' ■ 'ties..V.v-'.;:""£ls;3SJooo' '■' ■ .!•' ' i-Public do->' •i'V""'-. ■'.■■.'v ; other.s6'curi--'.,■■"■■>:'>.'■••- ' J-" - ; 6567.000r : ".f1e5.'^vVAy29.575.C00V ; '»:■■' :, ,;,,i i :,posits::':?;.>"47,9D'2,ooo,.: Notes'.., . :«'. : . - 27.530.C00 -': ■i. .;: ;i ;Eest;'7-aay^ ; ::' ''■^:'-' : '/.-:^::r/\-::< l r;-.'- !^::^ ':':< . :■' . Vr;.:aucl otlioc';•■": t C6in;;'-V.;.v.WSo.oog<-: ■C : ";3,i59,C00i j v ; "■■■ :^K:-':i /-:K' :^i -'■■ v : ':W'" : ' ;:^:';; :' ■• ; The •leading-items of.;tlie Bihk, of- England ': return afi'ord; the' following- comparison :—, .-■.-.•: . 5' >'.i.-'•:'/•.■■'"';■!-jv ;i -I-.-.'.,'-1 Tbis week. liast week. year - .-"- : '. v '.:-.': -^:..'•' ~■..■ .£'.■ i. .:.-. .'.g'/j: "/', t> ■v. -..':BniU6D':i,. :^- SWISCOO.' .36,128,000 ": :;.Eeßei7e... ' ':.VH9.3-iO,UCO. ' :E9,5«,0pp: J 26,753,000 •: , ;'.Kpteciroulatiioi]':.2S),B7liXOD t-L'U.!iC9.OUO EU.4Gft.OOO 1 ' iEiiblio'Doiioa'te 8.567X0J ,■■ 8,377,'0C0 ■- " 6.407,0W3 / '■'.". :Other"D'oposlts : ■:.'-. 47,952,0iM ■ ■ 48,li.0,000:' ; i6',7i!l,oop' i: . Vr.oportioD of, ,'. \ ■' -:•'■■.. .' ■'. : ,'.- '-'' : leseryQ , to :-;■■■■■■ -. '■ y-f. :*■:_--■.■■■•; ■;• :-•■•.- ' ; , v liabilities.;., , ; .'':/.;.'; 62.06: , ; ;-^.. ; .-.ei2i.'."'.\;.:50.23 .

' '; "'/cdEONiAL ;and/6thek.p^oduce/J./^ - Wheat.—The markets-are, quiei,! , .' with prices' very'firm.., Cargoes! are' steadily held, !455. 7id.per !fiuarter is: asked r-for , Australian.'April .shipriieiit; (tls. 9d. for 'December-January;-and •Jjis; 6tl. for steamer parcels- afloat. Prices for" .spot are .unchanged.'.; : ■./';'.!■*' : '!Y::i f '];+W : Z:'i i'loiir is quiet'.and unchanged in ''';'■■■' ' :-pats.—Sales are 510w..-. ?k(ship; 22s:" ; Gd. :td:!23s.■ Gd.; La Plata,' July shipment,' ; 18si,3d;;;';^.!:...v:i!v: :i '!■■':' ;:v'- : ' : ; '/V - :; '•■!■' - '..; Butter : isVsteady--Danishi: 113s! to. 115s. ■ per d.wt.'v Colonial is:nqininally unchanged,;in; the abseiice'.Qf.• supplies.. .I'e'w., butters aro . left in tlie.cold-'sforbs..- 'Members, of the trade'anticipate a. ; good'iinarket for: .colonial} in the 'au:tuniii, and 'hope, the";season.;will..open'early. . Sugar/ Geriaan' beet,'los.' sd.- per cwt. :: , :.. Bradford Tcfep,«-Tlio market is quiet. vComnion 60's .are iwted at 2Gd., and super GO's at . ; 27d/:■■■;.:•/: ; ;!v!': ■!■ ';. ■; ■.-.•■■" ■ -> : . ■ ' ; ,/: )O: ■THE;METAL!MABKETS.; ;! ! / / ■■- Copper.—Spot, -!2Gs. : ; 3d! ; liigher/ at ss;; three months, 28s. 9d. higher, at iCGO 'Is.- 3d.'; elcqtroiytio,- 30s. higher, at ,£6O 15s: per ton. ■-• Tin'.—Spot, 12s! Gd. higher, at. £132 75.-6 d.; 'three;, months;. 175., Gd., higher, at;- JEI3I- 2s, Gd. per ton.-.': --•■:-.;' ; 'i .-' ■ .. '•■v','-' ! V'----'--.; ■'•.'!'' . ■■■-':Lead, ;-ls ( ':3d.;lower; at £\2 Us... 3d..^per. : ton/, i :Pigrlron,' ; 9d. higher,-at. 48s: : 9d.-;-per '[:■ 'Silver—Bar. silver is quoted at 533 d. perpunce standard. :/'■ '.■...-'• !. : "■-,' : (By Tclegrapli.—Press Association.—Oopy'riEht.)'- ''..!"■'■!■".-:;.'.;'.■, (Reo/;July''2s,:s.sp;m-.);.:- :., - : -v-. : .\J--; jr.:'-;-Si 'v., : : .-: ,•■:■'•• ;■'■■:'"." London, ; July 24:'/ Copper—Spot; .£5? 155.; three months, lls.' 3d.; electrolytic, Ml 10s. per ton.-'-.. Tin.—Spot, >C 133 55.; three.months, 15s. per ton. .. -'. \ ■.-' - ; '■!" : . .-'W. •■ ■■ ■ ■:■' ,July,shipment,!iC24 10s.\per' t0n...: >'■.. '. I : : ; '■■ ■<, ; NEW /ZEALAND fIEMP.: ,/'■■■ ;,- , .'!':' " '(Eec: July '25, 5.5 p.m.) '• ;■'-■ London, July 24. ;i'he hemp market is quiet, but firm. , • May-. July-shipment, £SA 10s. per ton. . .; , ' .:■■;' ■■'■/■;[■ :- ! ;-y: ; -''COPEA! " :' ' : : -' "'■- '■'-' v !Tlie market is active. The week's sales of South Sea amounted to 1000 to 1500 tons, and realised «C2o' 15a.! for bulk;'and =£21 10s. for bags. ■■.;. ' ■ ■'" ..,. ■',;.. . ;■.; ■ -.' ■;• ■ ; .-;•. ■■V/''vminino/news/ ;: ;' ■■;■■• ■;-,: ;. ;■ ...STOCK exchange. : . ..,../.! :"/(By Telegraph.—Special Corroeponderit.) ' ; ■•.-• \ ■,!-■' ■:!:,:,•!:■: ■<■'. . Auckland,- July, 24. : , : Tho following-mining sales ; took place to: ' Uixon's Consolidated' (con.), 'Is. 1d.,. Is.'. •'.".' Halcyon, 3Jd. •-" i . ■ ... . May Queen, ss. Bd. to ss. 5d. ! to ss. :7d. to. •ss. sd, to. ss. 7d. -","■ '-■■'. •'■'.- " . / !. : ■••. : " ■Did 'Alburnia, 2s. id., 2s. 3d. (paid up), Is. , Gd.;' Is. 7d;. (con.)./ .- ■ -. :■ ■■;.- -~■. ./ ' -. Now Sylvia, 35./10 d. ' , ■■■■■ ■'.-■'. : /" ; - Siixon, 2s. 1d., , 3s. 3d. ■'. . Victoria, 2s. . ' ■ ■ Waiutahi, 7s. 7d., 7s.' Gd/to 7s. 7d. to 7s. Gd," ■ Waitangi; Is'. 4d. ■ ■• ; Watchman,' 2s. Id. . ■ : Old Hauraki,.ls. Sd. . .'"■'. . . y

Roynl-Onk, 2s. to 2s. 2d. to 2s. Id. (con,), 2s. 3d., 2s. -Id. (paid up). ■ )Now. Zealand Crnwn, Gs. 7d. . ,;,;■■■ .Dominion (con.), !)Jd., 9(1., B\A., . 'Now, Waitekauri, 3d. Shotover, GUI. ._■ ... .'■'.• Phoenix, Oil. • • ■. ' ' ■■'■.-. ■•-.■■'■: ,I'rido of •■\Vtiihi,. Is. 2d., Is. Id. ■■-. • .' .:Silver Hill, 21d.."' . . . ■. j'i'njrnn- Broken TTills'. 2s. Cd.,. 2s. Vd., ;Tairiui Monarch, 7Ai].. 7d. . .. Tairun Hoofs, 9d. to 9Jd. to SJd. (con.), IOJd., lOil. (paid up). ••.■''. " Tairua Golden Tlitls, Gs.. 3d. Talisman, 575. a<l.,' 575. Gd. : • ■■. Wailii Consolidated, ss. Cd. t0..15.' 8(1. . ."Wnihi Extended, 7s. Id. to 7s. ild, , Waihi Grand Junction, fills, to Ms. lid. to 535. Gd. to ■SSs.-Gtl. to !iss: '■ ' Grand Junction options, 2Ss., 2Ss. (1(1. .

■■.. ;.:;. WAIHI GRAND JUNCTION. :. , \ . . Auckland, July 21.':. A most important messngo from tliomijicriii-' tiiiulen't. of tho Wailii Ctrand Jmiplinn mitio has been forwarded toXondon.' 'On'k'fKlny.Jio reported. Hint tho.first 10 fcot. of tho tipef in tho crosscut north at. No. 5 Ikvol had assayed. 18s. Tho "nicssago -oil Saturday ■ was:—"Next. sft." £i 7s.' Gd.. per Hon." ■ '.'l'ho effect of l thW; niossapo was to cntiso fnsj sales 'in. Grand J.nnction..shares up to: fiSs. ;Gd., after'which triansantions took i>laoo at 555.- , ■'■■■■■ -■ -.. ■*•;'.' ■■ ' ■ '■■■■■■ ~. . . . .- ■■• t . ; ■j.; ~;.-. '. ./WAIIII MINES.' : ; .■■"'■'■ (By Toiograpli.-t'resa Association.)-.- '••"'"'• ' . Waihi, July 2J. ■Sinco tho yitorsection of tho main Martha lodo in the north crosscut at No. 5 level in the Waihi Grand Junction mino on Thursday last, a (listaiico, of 22'i'eet has- been penotrated with no sign of tho footwall. Indications show' that ft will.prove to bo .'an iminenso body of pro. Tho first ten feet gave.an average value.' of 18s;' pir;.ton;-:..Subsequently, avcrago. value., iinproved to 6ver> •£■!.' per "ton, and at.'present' Hjo. face shows further improvement.' In tho south' crosscut at tho samo level tho faco of the ,Empiro lodj is .30 i feet wide; ;and tho average valito .over -£3 per ton. ■ '. Latest ..reports.:, from . tho Wailii Extended riiine, show a marked '. docroaso , in -the flow of■ water from ■th-e drill-holes , - in the. faco of .the reef, which' was struck some weeks back, "but which: has beer, left untouched lest;tho volume of water,'if tho reef mre broken into,'might .bi .too great; to copo.' with. Tho , decreased.. pressure of water teliind: the faco of fhq lode is 'associated with the intersection' of tlmi'mam: iMartha lodo.;' in tho .'Grand Jnnotion" mine. Driving through tho,.reef ..should; not now ; bo delayed.much..longer. ■ ■'.'''. ■'•.■','■ '■*-'"■ •'..■'•;■ ;-;. PROGBESS MINES. .' ' '; : '' ; V-' .-..:■■ ~ -.(By Toleßraph.T-Prosa'. Asaociallon.) . ;■■ ' v- ■':''.'■■. . ' ';.'; ■'... •■'■'- " Reefton',. 'July.-.21. ; > News' has just been received that an.eightfoot' reef 'lias.' been struck, in .the : :'Progress, niines fi-oni No! 10; level rise' below-' No.;'' - ihtermediate. Tho. average, value of 13 : samples is' 15dwt.:. The: extent.of tho. reef is un-. known till further developments. ■:■ ':' •■'■■ ' .'■v 'V ; ; Wi"' DREDGING.' ,V . / V ' ".'."■■■ :.'■ (By Telegrapli— Press Assoclation.l ..- ■ .... '■■■• ■: : • Dunedin, July 24. ''Dredging returns:—Waikaka United,. N0.. ; 1, 320z; 12dwt;'; No'. 2/ 17oz. ■9dwt.;-' ! Risi) ■ and Shine I, 43oz.'lOdwt.; Golden' Bed,'-,32bz. lGdwf.l Rise and' Shine : 11, 270z. 4d\vt.; Huddy Creek, 2id7.- Sdwt.; Golden Treasure, . 230z. j Sandy Point, 19oz. 6dwt.;-Punt,- 170Z. 1 17dwt.;- Olrig, 7oz.' 9dwt.; Riley's Eovival,, 7oz. 3dwf. .. ;: '

■■" '.' : (By" Telenrabb.—Press Association.) .- ■ ; ' "■■'■> ■;'••-„■ ■-; ' : Rcefton,' Julyi'.-ai.'"' ,;.Wovksop:' dredge ■ obtained. iSpz;; lqdwt.; fpr 120;i6nrs;■■'.•'.".-■ '•',':'■[■' ;'.'■.'. '~' :■.■■"■ - '";."_, :.'■"■' ■■: ■ . (By TdloEraph.—Pi;e.33:As|9oiatlon,F.,-',; ; '.-.-'' "■ ' J i "v,;A V ■'-. v>;/. v. ' '.Reeftoti,'.July: 25; '■>'" •■Tho Consolidated Goldfields of New Zealand report that there has been a healthy development' hi'.the. whole' of .their properties in.: New: ■Zealand,-in•'so-far.as the'extonsionlworkij,>vhioli. have been in course of cpnstruction'.during the ' ivliple - of: ; the ': present' year are;■ now- nearilig completion;- " : ■*'■"■'■:-.'■ '■'".• ■■. ,> '•'.>''. ■'/..'.> ■ •'.;■ Progress mine: The most recent (developments show, . especially., in . the lower, levels, that'.block' called ."Pioneer", again contributing.payable'stoiie^but'iti-has I, riot--yot ;J)ecn' disclosed what ■extent.-there -is ; of, higher grade quartz.'"Further must be done: before- any \ estimate.can bo made.'...Pros-; pectirig is ".'being' rapidly pushed. in .''all directions. A Morton furnace and roaster has been erected,.vivhich will treat the large, accumulatioji- of slimes ''and;.concentrates^; ijn'il !c'lilorind- • t'ipn -■ residues, ■;Arrangements have been, made for tho supply, of copper ore for fluxing'.. ■ LimeStone, flux has been -looated within, a. niile <jf, : the smelter, as also coal. Under the circumstance's,, this additional plant.will.: lie comluissione'd for duty • under, most favourable cir- ; cumstances.■"■ For' the month, of June .the mill crushed 3730 tons, yielding 1Q590z. lldwt. of bul■lion valued , at ;£43iio. '17s; ■ 7d, ;.ZUO'. tons of ..coarse, sands were treated cyanide, -returning .'Soi)oz. : 3dwt. ; of the value of ■£(&$ Is;'9d.,'rilakirig' a total of Mm 19s. d<l.: To this should be added '■£1110 2s. 2d.y being .the .estimated;,; value ~ol' sulphides produced - during^Jiuie.v'-j 1 ./.;^,'''..'■;'■';'•,■■ V 1 -.; Golden Pleece -mino;. The iribu'ters continuo ;to return satisfactory results. Tho, develop-, ments are uniriipOrtaht..'.Eqr'".'June, 1 .the'battery -crushed■ 261. toris; for 1730z. 15dwt:; : valued at £W5 :105.'.: Gd.,, and the cyanide plant : treated accumulated .tailings to-the 'extent-of ,: sos'toiis,' returning 1370z;0f gold,valued at X3lO l8s". Id., maldng a total , revenue, of .€100G"8s.; 7d. ... ' .Wealth; of=: Nations :;It. has '.been'decided 'to' sink the '.Energefia'shaft , :another-,level/ , and, ■ this work is in hand. are unim-, ' portant, bnt. have, not' -'deviated-, from .the aisual, steady satisfactoryv'o'rdsr.:' : .Tile anhie ds'.'lopking well.'.' A; tube iiiill is being erected, and "■■ a slimes plant of ;fi.ye'. B...and .11, .tanks, has.been, installed. , : With th 3' inauguration of this additional: plant.(at the -end of August, or early in; September)' an , increased . out-tura. will, of course, be made. The June crushing returns we: Milled ,1200. tons, , yielding j£lGl3 18s. Bd., value for 3S9oz. over the, plates; cyiuiided 700 .tons' for 13S\oz., ■,valued at i!il8 19s. 5d.; .tho total being: JC2062 18s. Id. , '\. -.'■■■. The Blackwater mines, during Juno milled 25.86- tans for'a return of -186710z,;' .valued at' 10s. 0d.;"18G0 .tons .were.cyanided for ,990z. '(Jdwt.,. : the assay Rvalue of'which -was 55s'. 2<U 'per' oz.,' and the' proceeds .£273.. 18s.; the .total earnings being. .£5809 Bs. Gd. Here, too, it has boen fquiid necessary to increase the reduction works'. ; ' Tho extension is similar to that 'at;the ; -Wea.lth:of Nations, viz., a,tube mill—to be cornmissioned. almost-.-immediately—and a slinies installation of five B.' and.M. tanks.. Ono of the: difficulties encountered has been tho irregularity of ■■..wiiter-poyrer, during . summer/ However, the! question of auxiliary, power is •nqSj'v being exhaustively .considered,. and it is hoped to' soon overcome, this'difficulty, enabling 30 stamps to be .dropped -at -• the maximum speed without. , interruption. Tho. mind looks very well indeed, maintaining its,reputation of being a valuable proposition.. Up to the end of 'June some. 2000 feet (length) of reef have ,been doveloped, to ( a depth .of .'JOO feet.' It is!proposed.to sink tho main shaft another, level, and a new boiler, and other sinking gear > are in, transit from Ikamatua to the; mine site. Immediately theso have been set up.sinking will be; ; proceeded with. -.With the object of prospecting:'tho' southern end of the claim■ a. low level,adit tunnel is being driven from a point approximately 177 feet below the. Joker level, and lias now traversed a distance of 574 feet. In the .event of this being continued to the main shaft.'it.will become a main haulage road for' delivery: of ■ quartz fron. the mine to the battery.. .- '■.;■■■)■ .

'The, Gol'den Afch Gold Mining Company, working- on the Golden Arch lead, decided last night to increase the capital by 7000 shares iit 'ss. . :, : i :, ' .■■ -.■"■'.■".- ; ■•',

'.'• MiniDg matters are very active. Big Bivet South shares were- over-subscribed: by ■ • ■ Tho New -Ulster -Gold Mining Company is driving on two feet of stono showing gold, though it issoiGdwhat broken.'

i^$iffi%:3&?& i V& ?fVW, BeserTO 1 ■ !> Idabt-« •; • PEICES. ' - ";. YMa , .- , .;-"'.:' '■'r..-,si',-.-= i , .m\-">;w;.v; :v ■;;•;■■:>-■;. -...;. ■; /Capital.: Fundaiia Pg IHypoi §2 ■ '"' —:——— ; ■.. to ;:W,f?> ; '^;.:-:::: COMPAST.>:. ;, : : ■■..:,; :PaidUp. Balance ■ „§ Sbara.' \A> . ".•. • :■'„■ laef investor ; --."- >___, ;p ? in W r ' £e"° r - We. . , ; '\' : ' £ < ;' /• £ ; '*■ *• a, * s, - a, A . s,fl " * s, (1 • ig^i^yoW!^.^'^.;^^;---:': 3«i.3ea || ?°£ ■■ ia ■■•■;;..; ° J ° ■;■■■ ..' . . .'•:■"'? .:' ; ; -v- ■-.- ..•'■'•. :■ '■ : : S; -. m° > - ° . :?!'K' . l 'V ■"/;.■■ , s " ■•■' ■ 'V ■-■ ■S;'v'::.:Metropolitan Building ;,/;.•.-..'■... •;.. ia,uCO-. ::': c HI in v D,1 ' J ' " ■„ „,„ ■„ " ! ;'v Wellington: .Invest. A:.;'.'- ::.:'S'.i '.to.000 ; bct' 10 ' a/ •:■<< .0.11.0 ,0120 .■ ■ .. x . ' *;.,.«:■ Wellington Truit.and Lo'an:..-- 'toSu. ; «iO6 ' i 4 ' b ''■' CIS ° 61 " 5l6 National/MortgaKe.:..-'.;;.; :-V.v:: : ■.»■ -.10 017 o 3 0 0 . ,. . •■■, „ . ;;a>'i,«.Z.7and : EiTeivPlate ,-S'. LMM : ? :1Gi1 '- ■" 2 " ° :: ''' a K ° ■'■*■" i^-?W^*^VI tt J a^Mer(^tUe)^K.»^v>.»Hilto^^ ■■'-•• •' " : §^S;r^p;i.^^!vPJS^K^;:;^ ; :v.; ;;■'■ '.' ; ■v :, ;' v " IV ;; !;- ; : :.'.'. : ; : ; :. ...',' ■'T.-'--, SW?riudkIaiid-?i\- :i .-^'vS: s -ii ''•: ! 1E0.370 ' • :, , g5 1 G32/ : K • niI ' 17 H 5 0 •■■■■..:. v -. , .. i-^H-Feilding,■*.;■;: ; i;.. ■;•'•>"' ;-,;, '"nif ? •••; 1 U 6 ' 1 1 (i. il 0 6 :•. ■ :^fi;^eiebprneS M ; v i:a 1 vto..S:^;Pu:^;17 l . :>&■■ W [ZW .0, •'3 13 3 ■' ..;, .;-'';.,.; :'• v'S:Hawera >;;j:■■.>'../.■■■ .. w -:■„-.,.., ■'--bau'! . ■'";., : A. . -. J w . . . : ..-,■. ■ !-:■■<;" «»:.;:: ■ -I- ■ yi:S^jPaImerat6n;M6rtU ; v : : : -iimo ;i '■•■■*■■ lu It 710 0 718 0 6 0 0 , : ;:: vu^:1^: lu .-;,- 14' 6 o :■;••■■■■. :;.::•■- ■ ;Sl5j^|S^;;3^W^^^C? : v ; ' :'7:?'s ; : - ;:.7V7 ■ ■ , ' '-'r-' - ■ ; ■'•■'..' -y -' '\ ■■- ' ' f: it-'™: ; lia.628 ■ ,■ i : ip- .-ioV.i G :>■■''■"■ ■'. '.■■■■ , HoaV-EwbrtC"''''l"--|" : : :; -'.'- ; '- , -i' '■'■' : - ;^; ; t -'"' oil-'- ';;■*»" ■■■■■■":■ ■: - "' ■/■• .'■' '■ ■ . ■ .'..■>■'.••• ■- '■ ; - :' i ■/''.■■' '• ■^ ; 'A ; v?^' ;^.j7-f: ■";/" .' V 7: : '! -'■' .<^ : :7; '/;'-' :' ,; ;."' v :.;;-;'«. V. SP^Kiz^Uippm^uv^^-^-^^fc , s&«o. ''iwHaa': ■■* 7 n a : - v, 6 l-!6'i7.6.: .g.is 6 : '6i7,o ; i;f -2 ; Bteam;: : :v;.V : ,V: ; ltd.«X) 1 - •?. £-\:-:"nll-.'- ).»»..-:i.li 0 •■■Lμ.'6 :-.',■: ,:: ■'.-.■■ '■'. Jliv'i.v^y'utn^bteam-Feiry.; , .:■'''■'.■■■■•.■' : ■ -, ■ ■ ■. : -'\-\' >■ :.'■'■■' ' .- ;^mif[i '■^:f;i ( ' i - '■;"■; ;;■; : pl -V. t',;,^;.:.^..-,' /.,;'.7 ■;•...vA'X: Vj,;;g;;!I^ui)iri^;- : --nil; ■« Tl'.3 ..1,1,0 ..:■. ■' .,- ;.■. ■; . S:?Gy@-K77.wpoutEN. i £5;:;^;?: ; S /';; .':.".'•; ■■..'; "■■:'■ .• '■■.■.-'''' ;-..;' /: ■; ■■ ■'"..''■■'. Mi^ :^^^: ;iM^'^^Q^.^'^m lt --ttitei' ;;\ :";nii ; - ';l. : '^-' : .:t "■:• ■.■,■>:>;"' ■if!i8,ilj5! •:/ ;il:, £. v. 2 19'.6 ,-3;.l 0. 3.,0 : 0. v';; 8 ■;°--, (1 .- i|7 :^S; S;H?:-v : i't ;, ;'^7;!'-' ■•■: >%; .--i'v.V : . : -';' ' v':.-/.;;'-i'WilSJrfionagny' ■"■'v-'':; "'';~. : -"'16r. 1- '•'nil: •■■■„»' ,;i . ' ■>"■ ■ ■■''''■■''. ■- '' :^' : ' '.■ ' '■■"■■-■.; !■ iftJi'iI<eylanafRnd O'Brien" ■"• ■'■'■f ■■'-:■'?"■'• ■':■ ;7O,0CO' ';--7,ts6, i; ' nil '•■-:" 'I - 2 0 : :i;"2;3 ;H0 !6l 6 *-: lAfftVi-. , ,'Uaiiricevflle':Ijlnie ■•■•-■>'¥~';- :^r' ■'.■■■-•7JXJ0, ' 815 . -'l nil' '.■ ;\ ■:•''.-:■''■ ■ -:■-■'■ j'~ .:•■'■:.'•'-'.' ■'-, ■■■'■ ■■ Brr : ;;SN.z:,oandie<^:..wi'v M -y,.-r ! v. ? ;^: i ;. r ;;i(j,axh ■■'■ ■;,. ■ fids v iu; r -inU-' :;S 'vV..v»'- • >>- t Vp :; ,•" ■;..';: ■ S- ; i^*-V.N;Z.'j;DrpgaC:Mi;/>Vv-ii:.:- - :Vi.--i; v --J-; ,:'.£CO,C0O,v "sS,CK' : a'- ■>.'"nil-i :■-•-'■ --V' .'■..•■"'•,■:--•"• - V. ; ,: ■ 1 :R; : v;K^.:;;Paper : ;Millj'.-:;, M ;v;\ < ;\:::i t :.7i :; : o*i8'l i'l"; '.•■■■nil , :■ -a': ■ , .'l-i2' i: e. : fi ""'"> ■■■'.:■■■ ' ■i,;:';ft©N^f.Cementv^;;.-' 1 :-: : i.i^ «"6iX0U -.'• il iJUS : : ;!' •'■.'■ rill ■:• '«, ;:$. 1V0: •'. 2.'3yo 2.1' 0 ; tfffli^MnihingianilvOoP':^ 1 '->U Ar 'i" ■-■Cl.K*«). • S&2!ias «;t l>'% -"iK ; irrir 'iv. • V, , ■ ,?/'- - ■.:■ 7;.:-.'. ; - .i>;r-.~r : : > W H,M3 J . "" 4 .;■ "Xii If/i -412.6 ;,: ! 'v : .;.v-.. ■ >.-.;.•■:■ K« I tWgtn.vOp.ora^Hon8a^;;.W;-'' : ;:."-?lb.eaO•• '■ : tn- " 3 ;7'U* 6 ,,7;I7 .6 :7 18 8/ 1, wA7,06S : - ■( v l i ' , ."i",i>il-: . s Vi v ; :' r':-' ,J W -: J w ; - ; '- : ,; '■■ |J:KAy;^Wnitc6nibe"ahd.Ttnib3. ; :,,.;;. :-.«„; : i-EO.153-; -taj : v4.;6 ; .0. ; .- : :-:V/. : :• v ■'■;. ■.■ ;.-•'■ n .--' 1.1 0 .1 1'6 .M , 1'3 >!7 .q/.fr iatove quotiitidns. ire^tSkenVfw

'': : V f : SECURITIES; M r.; ! :■■' ■■'. r ,Tlie follpiving; are; the latest\ quotations -/iof; - Government.securities,*, with.' ;a" comparison ol •'.- those:r.uliiVg;JaSt ''; ;; ': : :)~ v ■* ■ ■';■: '■'. ; ■■■■ V- : ' iV:>:;ft:' : :-('V..':-.:-;,V:-. ,.v,.;.. ■.-. .'r:'--.•■.'.- iVariationa ' ■::■■--■-■■'..:■':■■■ ' -■:" •■'■:■:■: ■ /-''■-- ■■: ■■- ksUveek. ' . ■ -.••■( ,--•• •■■.' ■•■■: ---.*:-"■--. ,-:■-":-,--- '£'' s. i ■ :; 24%Imiiorial Consols:.. V.;. U'3 9 ■ Unchanged • ;4'.;, : NiS.\V.-1033/Ian.iJuly ; ... ion 0' 0." .Unchained .: H ,,N.S.W.1911J Mar-Sept '.-.,; 99 10 0 Unchunfed ■ '3',,,N.S.W.1035Apl.-Oot.. ... -,6715.0. • 5s lower ; 4 ■(,yit!.;lS20Jari,-Ju!y... .•■.... 102i-'U'/O.i;.'Unchansod' ,3S,,■Vic.lWl-ejaiirTJiUjr. ... , t>7 IS 6 . 7s. M. lower : S ■ ,/Vic.li&MO Jan.Jiiiy ,•... B8 ]p 0.: Unchanyod- ; .t4,,S.A.:1916Jari.-iJuly; : •■:•"... ■ D8'li) ; 0 . : Unclianged " 3.:,,B;A.191BJan:-July..,..'..; ;ti-l.10. 0. Unclianged r 4;?,,QTai915-2iJa"n.' ? July ■ ... 103 10 0 Unchanaed Si,„ CJ'l'cllDit-iJOJan.-July'■::... -CT.O.'O; Unchauged : b-i.Ci'raiiKi-lTJanaaly:. :-...■ ! 83'ip-!'o.' Unbliansed ■ 4 J ',iN.Z. itUtMay-Kov;-!.':--.!. 105 Y : 6.' 7s ed.'higher 'ii ,,N.Z..lftlUJan.-July/.-■ '... 93 0,0 Unohaiiged 3 ,;S,i5.i9lDApril-Oet. "'L W 10 0 vUnchanged ' :3a W.A.iaaMOilay-Nov . ... 0310 0 'Unchanged '3 i ,,.W.A.l<J15-35iIay-Nov . ... 88 0 .0 Unchanged sivtl'ae.lOlOOan.-J.uly: •... -9i<10 0 Unchanged; 8. .... .87-0 Unchanged

?';a^:',;;■ , ' Sellers; %'■■. Sales!:"' /'./-:::>v ; .>?.•::■■:,?-;:..V^';:',-'.-:-: 5 . , .?;;v- ! ■•?■■?•• •■ : ' ! £is!.'d. i . : -.--j6-'8. : d. , >'"£ s. d; • ; : j ; l;.O; 6.. ; l;i ; .'.T.'fO'.ii-;■G1 , - : .O>.1 ■';> • <:0; l; ; 0, vK'K; ; D6hiuiionVis^.:.>.K^.'i : ''0 OllJroO.' 0:115"■■;■/.■'. rr--.; -v. ;«-«v:-;VKTiranui ;Caled6nian!;;.::;0.,»2-^:: ; ,_', ;^( a>:^Hay;Queeni^.::»l.».v:»".:'0' 5'; 1. w> \ V— ■: ' • ; 8:\. 0;:0 10 '^--r\<{ ?-;:'•:;'; Mouiitain-iKiiigV.::;:. ; ..;V; : \0,;l': 8:; : 0' ; l'10;'i- ; — ;;,;..,- ;^;v';vuNX', 'Crowii^;:^.::...:..V.v. , ':'-v-.v Y %0:6,7'.- J- -:■■■■: ■ftftt;'New'Sylvia :3 11 ".0 4 2': liv.^v-r 1 ;*;,:./ ; — :v< : y^v»rSaxoni-:^.:™:.^;:.™-...?-0.2-3O 0^2 v :45 ; : ::r-,/ ■., e:r;>-v:;Tairua3rokeri-'aillsV;.;:;0;i2:.2' :;0 :2MV; ; ;0-2 ;2J "•:• WS ' Talismail'::::;;;:..;:..,;.:..;..:■ .2 16■:•?.■•:• Mil 1 ,6; ;• - :, : : ;L'-i-Kviv.Waihi: Extended ; ■;w:i;::i.0- 6 11 ■;■■■ ;0 -7 ,0 -:■■ ' ;—.-.- .• ;:. 211101 v?2 11V6 ■ ■Qii"; ■WiiiHi ■• i--.::v.V.v. : :?;:'.i...i..'.-::.:i''-9 mv.-~,V-''l:~a:-*; : -r? l:;.;-W>Waio£aM-': : ;;:;::.^..:^»^-0.,-7' ! :7^0v'7;,9-::-;■;■ -'Vfe-'Walhi , 'Consolidated■■^■^0?5 •*6 : :- v - 0-'5 'B-^Oi'S :$:■: '&*, '<■ ■Waltangr ■■' : i0-:4«-.6-, "v,,;. -'r- ■[C^