COMMERCIAL.

Evening Star, Issue 11168, 17 February 1900, Page 4

COMMERCIAL.

The amount of revenue collected-at the Customhouse on goods cleared for consumption to-day was £13!) 11s Bd. The National Mortgage and Agency Company of New Zealand have declared a dividend of Is per share for the half-year ended December 31, together with a bonus of 6-1 per share (making, with interim dividend at June 30, (U per cent, for the year), which will be payable on and after March 1. STANDARD FIRE AND MARINE INSURANCE ( 0 dPANY. The directum in tln-irannual report and balancesheet for the year ended December 31, 1899, state that the income for (hi year, including the balance brought forward from last year, amounts to £93,137 Is 4d, and the expenditure to £76,813 •is, leaving a balance of £1(1,323 18a 4d. from which amount was paid an interim dividend in .lime lust amounting to £2,812 IDs. The directors recommend that the balance be appropriated as follows:—To ciriy to reserve fond (which will then stand at £20,(1011) £5,000; to pay a dividend lor half-year ended December 31, at the rate of 11 -remit perannum, £2,812 10s; to carry forward 1 1 next year, £5,698 18s -Id. THE SHARE MARKET. Shares were this morning sold as follows at the Dunedin Stock Exchange: -Boundary Creek, (is 6rt; Coal Greek Elat, 3s; Duiistan Lead, 19s fid and 19s 9d; Endeavor. 8s dd; Ettrick, 3s 9d ■ Fourteen-mile Beach, 23s 6d ; Gentle Annie, )0s and 9s (id ; Gihhston, 3d ; Golden Bed, 7s 9d; Golden Horseshoe, 3s (Id; Golden Mile, par; Golden Molynenx, Is and-is 3d ; Golden Treasure’ 91s; Grey River Consolidated. 2< 3d; Inchdale! -a 3d ; Ophir, 3s (id ; Reeves’s Proprietary, 3d ; V incent Extended, 11s ; Waiinnniu, 23s fid ; West Matau. 9d. The Otagij Stock Exchange report the followirg sales to-day:—Gentle Annie, 10s ; Inch Vallm 45-; Millers Flat, 3s; Moa Plat, (is (Id; Nelson Greek, (Is 61 ; Obi Dmistan, Js 9d ; Perseverance, 82s fid : Premier Waikakn, par ; Tacou's Cardrona, ‘ls ; Vincent Extended, It's ; Waimnmu Extended, fid d ; 15. mtigo, 13s 3d. The Equitable Stock Exchange reports the following sales tv-day; —Prince Arthur, 9d ; Inchdale, 2s and 2s 3d. MINING NOTES The Magnetic Gobi Dredging Company, Limited, report a return of olox. for 7 days 15 hours’ dredging. Morning Star gold dredge return for week ending Friday, 16th inst., HJoz for 120 hours. The return from the Junction Electric Gold Dredging Company No. 2 dredge is 9oz. Prospects improving. Mat 'll return for the week, llloz. CR-de return, 350z for the Week. The river is Ift 6m above normal mark. The Charlton Creek report a return of ]Boz IhJivt for 130 hour.-,’ dredging. T he secretary of the M-morburn Gold Dredging Company reports a return of 17oz Sdwt for the week.'

The Waimumii Extended Company’s dredge is expect'd to start work about Monday next. Iho Diggers’ Pride Gold Dredging Company has been floated and the shares allotted. The Lady Charlton Gold Dredging Company has been floated and tbs shares allotted. The Nueget Company’;; dredge is nearly completed. The dredge-master went up this week to take charge, and the dredge will probably start work next week. , T he < Widen He :ch dredge Ins he n stopped for a '.Veid;, hot will start again next Monday. Idessrs Barr. Leary, and Co. report the flotation *"t (he Lady Roxh rgh. Iho LaJy Cardrona, the L ''ly f.h'rltoii, the Roxburgh Lead, and the Kohinor Gold Dredging Coin] a lies. Ihe Golden Ti-rriuv report a .-turn of lloz 4gr f'\r th- week ••r.di-d Thursday, the 15th inst. The Eirr'.-i-leegh No, •> report a icturnof37oz 12'lwt Sgr fur a week's work.

The Chicago report a return of 17oz lOdwt for a week's work.

bharcs in tho.Traf.lgar (MM Dredging Company were allotted last night. Too capital was largely over-suhsCTilieil. Mr .1. A. Sligo was appointed secretary, and Mr E. Roberts engineer. The secretary of tire Shotover Quartz Mining Company (no liability) supplies the following extract from the mine manager’s report: “ Machine level extended sft; total length <J4i)ft; formation still broken, hut hanging wall forming again; leaders in crosscut showed little gold. Took out eight tons for week; total lifiy-seveu tons; but stone not going up; rising at 79jft; rise up Sit."

The prospectus of the Golden Star Dredging Company, Limited, appeus in" our advertising columns of this issue. The claim, of some fifty acres, is the k n v to the Island Block, with about half a mile Molyueux River frontage. Of the S,OOO contributing shores 4.001) have been applied for in Roxburgh and 3,1.1(11) in Alexandra ami Clyde ; hut it has hem arranged that 4,(;00 shares are reserved for Dunedin, the greater portion of which has already been applied lor. The broker, Mr D. G. Davidson, of Colonial Dank Buildings, advises ns that Roxburgh investors are anxious to secure more than the number above bespoken. In this issue will be found the pro-pectus of the Kawar.au Junction Gold Dredging Company, being formed to acipiire and work a claim at flie junction of the Kawaran and Shotover Ri ors Mr ,1. C. I’onsouhy is the broker, and Mr 11. ci. Valentine interim secretary.

, fhe prospectus of the Oceanic Gold Dredging Company. Limited, C irdrona Valley, will be issued shortly. Mr C. W. Harvey is the broker. A preliminary notice of the issue of the Point L'OrGold Dredging Company, Limited, app. a-s in our advertising columns. The claim adjoins the claims of the Royal Maori and Rise aril Shine (,'ompinies’ claims, near Cromwell, and is said to he well reported on. Mc-sm Sievwright Bros, and On. and J. J. Ramsay and Co. arc the brokers. Six thousand six hundred shares have already been applied for, leaving 3,4(10 open for application.

.Sii-vvmirlit Urns, and Co. report the successful flotation of the Cardrona Bonanza Gold Dredging Company, Limited. This company has been formed to work a claim in the Cardrona Valley adjoining the Rolling S one Company's claim. The latter company’s dredge starts work immediately.