Commerce, Mining, & Finance

Evening Star, Issue 21845, 8 October 1934, Page 7

Commerce, Mining, & Finance

. FOREIGN EXCHANGE ON NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted tho following rates for its purchases and sales of foreign exchange to-day;— France— . Francs to £1 Buying, belling. N 7, T.T. 60.25 58.93 0.0. 60.53 58.93 Noumea— Francs to £1 N.Z T.T. 61.13 58.18 . 0.0. 61.53 58.23 Papeete— Francs to £1 N.Z T.T. 61.18 58.18 0.0. 61.58 58.23 Belgium— Belgas to £1 N.Z T.T. 17.211 16.511 0.0 17.311 16.526 Germany— Reichsmarks to £1 N.Z T.T. 0.0. Italy— Lire to £1 N.Z T.T. 0.0. Switzerland— Francs to £1 N.Z T.T. 12.268 11.868 0.0. 12.343 11.878 Holland— Florins to £1 N Z . ... T.T.. 5.932 5.682 0.0 . 5.982 5.686 Java— Florins to £1 N.Z T.T. 5.887 5.662 • ' 0.0. 5.937 5.666 Japan— , N.Z. pence to 1 _ yen T.T, Bhanghai— N.Z. pence to 1 dollar T.T. 21 22 5-16 \ 0,0. 20J 22i India and Ceylon— N.Z. pence to 1 rupee T.T. 22 9-32 22| 0.0. 22 5-32 22 9-16 Hongkong— N.Z. pence to 1 dollar T.T 23 13-16 24J 0.0. 25 11-16 24 13-16 Singapore— N. pence to 1 , dollar T.T. 34 13-32 35 11-32 0.0. 34 9-32 35 £32 T.T. represents telegraphic transfers. O. represents on demand transactions. The above rates are subject to alteration without notice. SYDNEY STOCK EXCHANGE Press Association —By Telegraph—Copyright. SYDNEY, October 6. The early sales on Exchange were as follows:—Bonds (fours), 1955, £lll 10s ; 1957, £lll 12s 6d; 1961, £lll. Commercial Bank of Australia (pref.), £9 18s; Commercial Bank of Sydney, £l7 18s; Tooheys, 29s 3d; Anthony Hordern, 16s 4|d; Associated News, 24s 9d (pref., 255) ; British Tobacco, 29s 3d; Dunlop Perdriau, 19s 7Jd; Wilcox Mofflin, 10s Bd. CHICAGO WHEAT MARKET fr*M Association—By Telegraph—Copyright NEW YORK, October 6. (Received October 8, at 1 a.m.) Chicago wheat quotations; December, 97i cents per bushel; May, 97f; July, 92J; New York (cash), 103|. COPPER, RUBBER, ETC. Press Association—By Telegraph—Copyright. LONDON, October 6. Friday’s closing prices were as follow: Cotton.—Spot, 6.88 d per lb; November, 6.60 d. > Rubber.—Para, aid; plantation smoked, 6|d. Jute.—October-November, £l4 ,17s 6d. Hemp.—October, £l6 10s. Copra. October-November South Sea, £8; smoked, £7 15s; plantation Rabaul, £9. Linseed oil, £l9 15s. ''Turpentine, 42s 9d. WELLINGTON RAGING CLUB DEBENTURE ISSUE The Stock Exchange Association of New Zealand has been advised that the club’s “ A ” debenture issue, amounting to £50,000, is to bo repaid at maturity date—January 31. 1935. AMERICAN CURRENCY Press Association—By Telegraph—Copyright. WASHINGTON, October 6._ Tbe Treasury has revealed that in the two months since the Silver Purchase Act became law approximately 134,000,000d0l worth of new money has been put into circulation. Some 80,000,000 worth of silver certificates, backed by newly acquired metal, lias been issued, while the remainder represents Federal reserve notes, apparently issued to meet currency needs, which have been stimulated by increased retail trade.

THE SEARCH FOR GOLD GOLDEN GULLY SLUICING The management of the Golden Gully Sluicing and Development Company reports that pipes have been connected from penstock to Pennikan Gully and water has been turned on to the sluice tail race, which is now being straightened out and deepened in readiness for sluicing. Men arc now washing out the new face in E. Eyre's gully, obtained by lowering the tail race, and have sft of clay and wash intermixed. Unfortunately they cannot, obtain the bottom at present ■ working level. Dish prospects disclose regular values, which will be estimated when the paddock is cleaned up. No. 1 shaft has been pumped out and the gear prepared for mining. The balance of the pipes not in use in Pennikan Gully is beiii'g prepared for use on Scott’s ground. Mr lloyds is well advanced with the survey of the mining property. MOONLIGHT GREEK SLUICING The secretary of the Moonlight-Nel-son Creek Sluicing Company has received telegraphic advice from the claim manager that the wash-up lor tho period ended Saturday was 260 z 16dwt. This represents four months' work, A belt of heavy boulder was encountered which hampered operations throughout. This obstacle has now every appearance of decreasing, and the next wash-up in three months’ time should include considerably more yardage with better returns. Investigations Ltd. has been financing operations for the past four months, and arrangements arc now in hand whereby it may continue to find operating expenses till December 30, when the next wasb-np will take place. BRIAN BORU DREDGE The Brian' Bern dredge return last week was 18oz 6dwt for 113 hours’ work from 13,150yd5. ALEXANDER RETURN The secretary of Alexander Mines Ltd. advised the Dunedin Stock Exchange this morning that the clean-up for September resulted in 312 tons of ore being crushed for 181 oz 14dwt of melted gold. Jn the cyanide department 207 tons of sands were treated for 58oz 2dwt. The bullion’s estimated value is £1,680, and concentrates valued at £333 have bene saved. In estimating tho above values gold has .been taken at £7 per fine ounce. GILLESPIE'S BEACH WASH-UP ' The secretary of Gillespie’s Beach Gold Dredging Company Ltd. (Mr F. R. Thompson) advises that the wash-up for the week ended October 8 amounted to 28oz for 104 hours, and that everything is quite satisfactory now. BLAGKWATER MINES Blackwater Mines Ltd. report for the month of September as follows; Crushed 3,700 tons, yielding 1,787 fine ounces of gold from all sources, the value of which, taking gold at 140 s per fine ounce, is £12,509. Working costs were £5,800, working profit £6,709, capital expenditure £1,131, development expenditure £682. Review of development work carried out during the month:—No. 11 level advanced 43ft on reef averaging 24in wide and 12dwt value. No. 12 level advanced 36ft on reef of an average value of 4dwt and 24in in width, lliso connection has been made with No. 11 at 1.835 ft north; 84ft of rise exposed reef of an average value of 7£dwt and 2()in width. The north shaft was sunk 52ft during the month. OKARITO RETURN Messrs W. A. Mitson and Co., secretaries of the Okarito Five Mile Beach Gold Dredging Company Ltd., report that the wash-up for the week ended October 6 was 350 z 15dwt for 124 hours’ dredging. i MEAT MARKET Press Association—By Telegraph—Copy right. LONDON, October G. New Zealand Sheep. Canterbury and North Island selected cross-bred wethers and maiden ewes: 48-561 b, 6d; 57-641 b, 4Jd; 65-721 b, 4Jd. North Island: 48-561 b, 4Jd; 57-641b', 4Jd; 65-721 b, 4Jd. North Island ewes: Under 481 b, 3|d; 48-641 b, 3.jd; 65-7211), 3id. Australian Sheep.—First quality cross-bred and/or, merino wethers: 40-6511), 3sd. Second quality: 30-5511), 3Jd. Ewes: 30-551 b, 3|d. Argentine Sheep.—First quality cross-bred wethers: 48-C4lb, 42cV; 65-721 b, 4id. Patagonian Sheep.—Wethers and/or maiden ewes: Under 501 h, 4id; 50-GOlh, 4Jd. Argentine Lambs.—First quality: 361 b and under, GJcl. Second quality: Average about 281 b, 6fd. Patagonian Lambs.—First quality; 361 b ami under, 6Jd; 37-421 b, 6Jd. Second quality: Average about 281 b. 6Jd. New Zealand Lambs.—Canterbury: First quality—36lb and under, 7|d; 37-421 b, GJd; 43-501 b, s|cl; second quality, average about 321 b, Gild. Other South Island: 361 b avid under, 7d; 37-421 b, 6ld; 43-501 b, 5Jd. Selected North Island, including Downs; 361 b and under, 7jjd; 37-42!b, 6J-d ; 43-5011), s|d; second quality, average about 321 b, 6jld. Other North Island: First quality; 361 b and under, 7d; 37-421 b, 6iid; second quality, average about 321 b, 6Jd.

Australian Lambs.—Victorian: First quality, 361 b and under. Gd; 37-421 b, 53d; second quality, 361 b and under, ssdi Other States; Second quality. 361 b and under, skl. All States; Third quality: Average about 261 b, 6d. New Zealand Frozen Beef.—Ox fores (160-2201 b), 23d; ox hinds (160-2201 b), 3Jd. Australian Frozen Beef.—Ox hinds (1601 b and under), 3id; Ox hinds (over 1601 b), 3Jd; ox crops (1001 b and under), 2-Jd ; ox crops (over 1001 b), 2*d. Argentine Chilled Beef.—Ox fores (160-220110, 3d: ox hinds (160-2201 b), s*d. New Zealand Pigs.—First qualitv: 60-801 b, 7d; Sl-IOOIh, 63d; 101-12011), 6Jd.

"Australian Bigs.—First quality. 00-lOOlh (average ■ about 801 b), 61d ; 101-1201 b, 6Jd.

BUSINESS BRIGHTER TRADE TTATISTIGS FOR AUGUST IMPORTS SHOW A SHARP TUBE The Government Statistician (Mr Malcolm Fraser), in his latest monthly report, states that statistics indicative of the state of business in August show a welcome degree of buoyancy for an off-season month. Exports increased slightly in value as compared with July, due in the main to heavier shipments of meats. Statistical series not subject to a marked seasonal decline in the early spring- months showed gains as compared with recent months; land transfer and mortgage registrations, for example, rising sharply beyond the figures recorded for many months past. Sales' 1 tax receipts showed a further substantia! increase; while railway revenue exceeded working expenditure during the August period—an unusual result at this period of the year. Building activity, under the stimulus of the Unemployment Board’s building subsidy scheme, increased considerably; in August, judging by the value of permits issued in the larger towns. The most striking feature of the economic statistics for August is the marked rise in the value of imports, which rose in, value to £2,650,559. equal to £3,219,000 in New Zealand currency, or £2,586,000 in sterling. This is the highest value—measured in either New Zealand currency or in sterling—in any one month since January, 1931. During the expired portlon of the current calendar year imports have shown a marked upward tendency as compared with the position last year, and it would appear that an adjustment of imports to the improved returns from export trading is taking place. _ Statistics of imports of individual items reveal substantial increases in the volume of imports of many import-, ant commodities. For example, the number of motor vehicles imported during the past eight months totalled 7,918, as compared with 1,905 during the same period last year. Imports of motor spirit also arc substantially higher than was the case’ during this period of last year; while certain materials for the building industry—notably channel and girder iron and galvanised iron shoots—have been imported in considerably greater quantities during the current year than was the case during the first eight months of last year.

Exports of merchandise during August were valued at £3,080,451, an increase of £229,403 over the July total, and of £449,812 over the total for August of last year. There is normally a falling off in the value of exports in August as compared with July, the rise on this occasion_ being caused mainly by an increase in the quantity of mutton, lamb, and pork exported. The increase in the value of exports in August of this year, v; compared with the total for the same month last year, is due partly to the export of larger quantities of meats, and partly to higher export prices of meat. The recorded value of imports during the month of August was £2,650,559, equivalent to £2,586,000 in sterling and £3.219,000 in New Zealand currency. This is the highest monthly total in sterling value since January, 1931, and in New Zealand currency since December, 1930. The marked improvement in monthly totals of import values during the current year is partly due to higher wholesale prices overseas for many commodities imported into New Zealand, but, undoubtedly, the greater part of the_ increase is due to a rise in the physical volume of imports. The value of imports in August exceeded that of exports by £102.000 in sterling, or £139,000 on a New Zealand currency basis. This.is the second successive month in which an excess of imports has been shown. In the later months of 1930 a heavy excess of imports was recorded as a result of the sharp drop in the value of exports and tho lag in the adjustment or imports to a rapidly-developing economic crisis. The position is now, happily, reversed, the rise in the value of the imports being in adjustment to a continued improvement in the.value of exports and in the economics position generally. GRAIN MARKETING EXPERIMENT AT WINNIPEG Press Association—By Telegraph—Copyright. WINNIPEG. October 5. The council of the Winnipeg Grain Exchange announced an experiment aimed at improvement in the market machinery and regulation of opening quotations, to be effective from October 9, by which quotations at the opening of wheat and coarse grains will be determined by bids to purchase or offers to sell at a price not exceeding oneeighth of a cent a bushel above or below’ the previous close, and quotations shall continue at variations not exceeding one-eighth of a cent a bushel until actual trade is made, when the rules of exchange will apply prohibiting members from offering to buy at a price higher than the current selling price or to sell below the current bid price for future delivery of any grain dealt with on the trading floor. Officials pointed out that the new regulations were not connected with the recent activity in grain circles following the suggestion to probe into futures trading. MOTOR TAXATION INQUIRY (Prat U X fTED PIiESS Assocjatios.l WELLINGTON, October 6. The Transport Co-ordination Board's inquiry 7 into motor taxation w 7 as resumed to-day. The Main Highways Board submitted a statement expressing the opinion that there should be no revolutionary alterations in motor taxation, although some adjustments might be desirable. No proposal likely to deplete the funds of tho Highways Board should be entertained. •

TRADE SURVEY BRITAIN'S DAIRY PRODUCE SUPPLIES N.Z. KEABLY 13P TO DAHI3H LS:TLThe imporlnut position .occupied by New Zealand dairy produce on the United Kingdom market is clearly brought out in the annual survey oi the trade issued by the Imperial Economic Committee and entitled: Dairy Produce in 3933.’ For the lust time imports of butter from New /ea ancl were very nearly np to the level ot the Danish figure and comprised oyer 28 per cent, ot the total quantity imported, compared with 20 per cent, in 1932. Supplies from Denmark wore reduced by - per cent. Of the total imports ol cheese, nearly Gb per cent, ■were of New Zealand origin, as against 62 per cent, in the previous year. Jn addition, the dominion sent increased quantities ot condensed milk and eggs, and was easily the chief source of supply for milk • powder and ior frozen pork. ... . ' The United Kingdom maintained its position as the world’s largest impoitci of dairy produce, poultry, and pig product's i during 1933, according to the reports. These commodities, although costing £14,000,0U(J less than in 1932, represented practically .30 per cent, of tlie nation’s food bill. An encouraging feature of the imports was the marked increase in the proportion received from Empire sources. A record volume of butter, amounting to 8.835,0U0cwt, was imported last year, at a cost of £34,000,001).4. Butter imports hy value were greater than those of any other food commodity The bulk of the butter entering world trade is directed to the United Kingdom, apd the proportion of world exports taken by this country has risen from just over CO per cent, in the three years 1928-30 to over 80 per cent, in 1933. The consumption of butter in the United Kingdom has increased at a remarkable rate in recent years, and. hi 1933 was ecju-il to 23Jlb per head of the population. Empire supplies comprised 53 per cent, of butter imports, a larger proportion than in any previous' year. Imports o* cheese in 1933, amounting to just ove* 3,000,000 cwt, were very slightly largt-i than in 1932, and 92 per cent, of the total came from 1 Empire countries, mainly “New Zealand and Canada. In the case of both butter and cheese, average prices last vear were considerably lower than in 1932, New Zealand butter declining by 20 per cent., New Zealand white cheese by 22 per cent., and coloured cheese by 14 per cent. A feature brought out by the survey is the considerable expansion in the home production of eggs in recent years.. The comsumption of eggs in the United Kingdom in 1933 is estimated’to have been at the rate ot 352 per head, and home produced eggs represented 69 per cent, of this figure; in 1932 the per capita consumption equalled 150. of which Go per cent, were produced in the United Kingdom. There has been a remarkable falling .off in the world trade in eggs, which declined hy about one-third between 1931 and' 1933. Imports into the United Kingdom in 1933, totalling 183,000,000 dozen, were 8 per cent, less than in 1932, and 29 per cent, smaller than in 1931. Denmark retained its position as the chief source of supply, accounting for 34 per cent, of total imports. Empire supplies practically equalled the previous year’s figure and comprised 33 per cent, of the imports as against 30 per cent, in 1932; this is the largest proportion ever, recorded. The average price of eggs in 1933 was slightly lower than in 1932. ■ ■

The effect of the quota regulations is seen -in. imports of bacon, which totalled 9,000,000 cwt, . or. 2,000,000.3 ewt below the .record- of 1932 imports. Here again, Denmark was the chief source of supply, but the proportion from Empire sources, although comprising only 8 per cent, of the whole, was larger than in other recent .years.

Jn addition to llie comprehensive figures given tfor the United Kingdom, statistics of the external trade in dairy produce of other countries have also been included, and indicate the extent to which imports into foreign countries have been restricted in the past few years. Imports of butter into Germany, for example, have declined by 41 per cent since 1931. The survey should be invaluable to all those interested in an industry of vital importance to the Empire as a whole. METAL MARKET Press Association —By Telegraph—Copyright . LONDON, October 5. The following are the official metal quotations:— Copper: Spot, £25 16s IOJd per ton; forward, £26 3s lid. Klectrolvtic: Spot, £2B 10s; forward, £29 10s. Wire bars, £29 10s. Lead: Spot, £lO 3s 9d; forward, £lO 8s 9d. Spelter; Spot, £ll 17s 6d ; forward, £l2 2s Od. Tin: Spot, £230 17s 6d; forward, A&2B 11s 3d. Pig iron : Home trade. £3 7s 6d ; export, £3 2s Od. Antimony: British, £44 10s; foreign, £34 15s. Molybdenite. £1 14,s Od per unit. Wolfram. £2 3s. .Silver: Standard, 22Jd per oz; line, 21 ’ 4 d. .

THE SHIRE MARKET DUNEDIN STOCK EXCHANGE Busin.-?!. In two Australian concerns and 1.1 Uircj got-' milling companies was _ recorded this morning, but the quotations generally were on a par witli those ruling at (lie end , f last- week. The only changes in Ihe hanking section were shown by Now Zcalands. _which recorded a buying quote 3d boiqw Saturday s figure and Reserves for which 3d more was offered. New Zealand and Standard Insurances were in good demand, but sellers failed to be attracted by increased bids. In the meal preserving seel ion. Refrigerating paids eased a little, and South* Otago? improved by 2s .on Hie buyers' quote, and Wailaki Tanners had a closer market.

Reported business in Broken Hill I’mprietarys at 55s produced a buyer at 52s 6d. but no shares were on offer. Bruce Woollens showed further improvement, and Woolworth’s (Sydney) shares weakened to business at 76s and further sellers at 76s 6d. and no buyer, following a reported sale late on Saturday at 78s. Bendigo Goldligbts improved slightly with business at 11-'.d. hul Big Rivers were sold at a reduced rale, and Nokonnus were easier with no buyer over 3s. All issues of Government Loan? were quoted, and the 4 per cent. 1940 issues were for sale, but no buyer was attracted. SALES. On ‘Change.—Wool worth's (Sydney). £3 16s; Bendigo Goidlight, Hid ; Big River. Is 6^d. Reported.—Broken -Hill Proprietary, £n 13s (two), Woolvvorlh's (Sydney 1. £5 18s (late Saturday), Nevis Diesel. 4^d. Quotations as under: — Buvers. Sellers, £ '?. d. £ s. d. BANKING-

N.Z GOVERNMENT LOANS—(Bonds quoted are £IOO Bonds.) 31 p.c. Stock, 1938- " 1943 108 D 0 31 p.c. Stock, 1939- ‘ 1943 108 0 0 5) p.c. Stock, 19411945 108 0 0 - 5) p.c. Slock, 1958- i 1952 109 0 0 51 p.c. Stock, 1959‘1952 109 0-0 3i ' p.c. Slock, 19411952 109 0 0 4 p.c. Bonds, Jan. 15; 1940 ... 4 p.c. Slock, Jan. 15, 19+0 - 108 0 0 4 p.c. Bonds, Feb. 15, 1946 109 0 0 4 p.c. Stock, Feb. 15. 1946 ... 109 0 0 4 p.c. Bonds, April 15, 1949 110 0 0 4 p.c. Slock. April 15, 1949 110 0 0 4 p.c. Bonds. June 15, 1955 11l 10 0 4 p.c. Stock. June 15, 1955 11l Id 0 DIVIDENDS DUE. Milne and Cltoyce—pref., 6 p.c. p.a.; 11 pref., 7 p.c. p.a.; old. and deb.. 3j p.c. p.a Oct.. 10 Beath and Co.—annual. 8 p.c. ... Oct. 12 N.Z. Guar. Corpn.—final. 2d a share Oct, 15 Smith and Smith—half-year, 5 u.c. (6d a share) Oct. 31 Waihi G.M. —interim. Is a share Nov. ] Tooth's Brewery—final, 31 p.c. ... RABBIT MARKET c Press Association—By Telegraph—Copyright. LONDON, October 6. Babbits are very slow of sale. First large, ox store, IGs. THE HIDES MARKET Press Association—By Telegraph—Copyright. LONDON, October 6. Hides: Meat work’s dry-salted— Queensland, 351b-451b, sd; 301b-40lb, 4Jd; 251b-361b, 4jd; New South Wales, 5Jd, s£d) sjd, s|d. Wet-salted — Queensland, 501b-601b, 3-Jd; 401b-501b, 3|d ; New South Wales, 4d, 3Jd; Victorian abattoirs, 3Jd,' 3jd.

Bank of N.S.W. — 32 15 0 Bank of New Zealand 2 8 6 2 9 u Bank of New Zea14 land (Long “ D ”) 1 14 3 1 9 Commercial Bank ... 0 16 0 — I) National Bank N.Z. 5 17 Reserve 6 9 3 6 10 0 INSURANCE— National Insurance. Co 1 0 7 1 1 0 N.Z. Insurance Co. ... 3 9 0 — Standard Insurance Co 3 8 6 — SHIPPING— Howard Smith — 0 16 6 Huddart, Parker (ord.) t — . 1 16 6 Huddart, Parker (pref.) 1 8 6 1 10 6 U.S.S. Co. (pref.) ... 1 7 0 COAL— Westport Coal Co. ... 0 10 0 0 19 3 Westport-Stock ton U (old.) 5 6 LOAN AND AGENCY— National Mortgage ... — 3 1 0 N.Z. Guarantee Corporation 0 5 3 0 S 6 Perpetual Trustees ... 3 1 0 Ill EAT PRESERVING— Canterbury Moat Co. (pref.) s 12 0 — N.Z. Refrigerating (paid) 0 19 0 0 19 6 N.Z. Refrigerating 0 (cont.) 0 9 3 9 5 Southland Frozen meat (paid) 3 11 u 3 lb 0 Southland Frozen Meat 0 (cont.) — 1 18 Southland Frozen Meat (pref.) . ... 3 11 0 — South Otago Freezing 6 7 0 — Waitaki Farmers’ Freezing 2 19 3 3 2 6 MISCELLANEOUS- * Broken Hill Proprie6 tary 2 12 Brown, Ewing (pref.) 1 1 0 — Bruce Woollen Co. (ord.) 0 14 9 0 16 0 Bruce Woollen Co. (pref.) 1 1 3 — D.l.C. (pref.) ... ... 1 6 3 — Dominion Fertiliser 1 O’ 2 — Dominion Fertiliser Debentures' 103 0 0 Dominion Rubber 1 10 0 1 12 0 Donaghy’s Rope and Twine 2 8 0 Dunedin-Kaikorai Trams 1 18 0 — Dunedin Stock Exchange Proprietary 2 1 0 — Dunlop Perdriru Rubber 0 19 0 — Milburn Lime and Cement 1 19 0 — Mount Lycll 0 18 6 0 19 G N.Z. Drug Co 3 18 0 — N.Z. Malay Rubber 0 (pref.) — 0 1 7 N.Z. Newspapers ... 1 12 0 N.Z. Paper Mills 1 12 9 I 14 Regent Theatre — 0 19 6 Smith and Smith , 0 (l« - ef.) Wilson's (N.Z.) 0 18 — Cement 1 12 0 — Woolworth's (Sydney) __ 3 16 6 BREWERIES— N.Z. Breweries 2 9 0 — 0. Dunedin Brewery _ 1 10 GOLD MINING— Bell-Hooper 0 0 3 0 0 4 Bell-Kilgour — 0 0 5i Bendigo Goldlight 0 o m 0 1 0 Big River — 0 1 u Brian Born 0 1 3* 0 — Central Shotovcr — 0 Charleston — 0 i .1 Gillespie's 0 1 8 O' 1 9 Golden Dawn 0 2 1 Golden Progress — 0 1 3 Goldfields Dredging ... — 1 0 1 0 Halter's Hat 0 0 — Lawson's Flat 0 0 2 — Mahakipawa 0 0 10 — Mining House Con0 cessions — 0 5 Moonlight-Nelson 0 0 Creek 0 0 2 3 Nokonmi 0 3 0 0 3 6 Okarito — 0 9 0 Dxenbridgc 0 0 9) 0 0 10i Skippers 0 0 61 — Waild 1 14 6 — Waiialiu — 0 4 9 Sandhillo0 0 51 ' — Stafford — 0 1 5