MINING NEWS.

Dominion, Volume 3, Issue 814, 11 May 1910, Page 8

MINING NEWS.

WELLINGTON SHARE MAEKET. The midday call was abandoned yesterday, bo that members could attend the proclamation of King George V. There was no business recorded at the morning sitting; in the afternoon, sales were made of,Waitanf?i at 2s. 7d., 2s. Bd.» 2s. 8d„ and Eoss Goldflelds, at 75., 7s. QUOTATIONS.

*STOOK EXCHANGE. (By Telegraph—Press Association.! Auckland; May 10. Business done on 'Change this, morn- 1 in?:— ■ ' • ' . Kuranui Caledonian, Is. Bd., Is. 7cL. Waitangi, 2s; 6d. and 2s. 7d. Watchman, 2s. Hauraki, 4s. Bd. and 4a. lOd. Tairua Monarch, 4d. and 4sd. . Waihi, £8 2s. fid. to £8 43. . Waihi Extended, 2s. 6d. Coinslock, 4d. Waihi Reef, 4s. 6d. and 4s. 4d. Kaponga, 7d. Northern' Steam (paid), 14a.' Id. The following business was done at the afternoon call to-days-New Sylvia,-. 45., 4s. Id. Waitangi' Consolidated, 2s. - 7d,, 2s. Bd., 2s. 9d. Tairua Golden Hills, 45., 4s. Id.; 4s. 3d. . Tairua Monarch, 4*d., 4d. t 4Jd, Waihi,. 1645. , May Queen, 4s. sd. Saxon, Is. 9d. ' Waiotahi, 4s. 2d., 4s. 3d. Waihi Grand Junction, 295. Old Hauraki, 4s. Bd. Taupiri Coal; 19s. 6d. "Wilson's Cement (p.rcf.), 475. 6d. South British Insurance, 635. Auckland Trans (ord.), 225. 6d. ! • WAIHI GOLD. . The final accounts of the Waihi Gold Mining Company, Ltd., for 1909 show a gross profit of £606,000, as against £558.000 for the previous year The sum of £57.000 for capital expenditure {as against £41,000 last year) ana £37,000 "for depreciation at the rate of. 10 per cent, (as against £36,000 last year) have- been .provided out of revenue, and in addition tlio sum of £40,000 bos been provided towards the new hydroelectric scheme. The directors recommend a bonus of 2s. per share be paid, making with the interim dividends already paid, a total distribution of 18s. per share, as against 17s. paid last year, absorbing £25,000 more tlian tho 1908 distribution; that £10.000 be carried to reserve (as against £20,000 last year) and tlfat £25.000 be carried forward, as against £28,000 last year. The meeting wili be held at the Cannon Street Hotel (London), on May 19.

; Buyers. Sellers- Sales. £ s. d. £ s. d. £ s. d. iKomata Reefs ...... 0"0 3J 0 0 6 — ICuranui Caledn'n-, 0 -1 6 —; > . May Queen 0 4 4 '0"4 5 , New Sylvia 0 4 0 — Old Hauraki 0 4 7 0 4 9 - Saxon 0 18 0 110 — Tairua Broken Hills 0 1 1 — — Tairua Golden Hills 0 3 6 — — Talisman • 2 J1 9 2 12 0 - Waihi 8 1.0 8 3 0 - Waihi ,G'd. June.... J 7 9 . 1.8 6- - ■Waiotahi 0 4 0 0 4 .2 " — Waitangi 1 0 2 7 0 2 8 0 2 8 fllackwater 1 7 9 1 9 6 ~ Con. Goldfields 0 IB 0 0 19 0 - Boss Goldfields ... 0 6 10 0 7 0 0 7 0