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COMMERCIAL

BL ACK W ATE R MIN ES. Eeluiii for May. 1933: (’riishc<l 4.109 tons yeilding 193.2 line ”/.s. "I Add from all sourc«'s, 11n- value which (taking Add al ll.'/" per liu'' oz.) was £11.117. Working uosls were £5,79S leaving an estimated winking profit for the month ol £.>,319. D“ velopmeut expenditure for tin- inoii'h was £76 1 and capital expenditure £l2ll. Review "f develop iiienl work car licit -.iut during Alay: N". !<• level. .Ninth Dri\e was advanced 30 feel ‘»n reef of avera.o value of I2.’dvvts.. over a width of 12 inches. We have n< w reached a point on this level when vve- should meet with the better i< ef ( I’i .ihibil ion Block ) shown in upper levels. Nu. 1 1 level, north drive was advanced 15 feet on reef of avciage value ol' 12Adwts.. over width of 1-1 inches. Battery crosscut. north drive: The progress was 32 feet. Good reef track was still showing in the face. No. 12 level, north drive; Work on this level was confined to rising for connection and taking off i leading stopes. Both width and va-u<‘s in the rise were consistent with those on the levo]. No. X crosscut to’ Pro hibition shaft: I'he progress here was 361 feet. Shaft sinking ( Prediibit ion ): Progress was (53 feet. The shaft is now completed to No. s level. The chamber sets stood an.l work of cutting the Hat commenced. GOLDEN SANDS (P'r pro.sw Associati-rU dl RlSTdl I'RUH. June 7. Golden Sands’ return, eh'v n days’ sluicing for 32 ounces Khlwls i-ptorted STOCKS AND SHARES WELLINGTON, .him- 7. Sales: Pour per c«'at. stock. 1949. £lil(l ](•-; five and a <iu:irter pei (ent. Wellington City, 1939. £l<M); <'■ mn-ouia I I’.ank. Sydii y. £l6 Ills. I Gcldsborough Mort 2.5 s Sd. 2.5- 9l* Queensland Insiiroiue 52-; New Z« a laitl Refrig. His. shari<s .5s .sil; New Zealand Breweries 31- .56; Bio River D I XI. D 1 N. .1 une i. Sa) s: Refrig cont. four .5 5. Xew Zea and Drug 64 6. Waitahn 7.5. t Repoitcd: Paddy’s Point 6. Unlisted: Bell lloopt'r I 1. \ l< K LA ND. .lum- 7 Sales: Gillespie’s Ihacli I 7. Wai tai i! Alines 7 . Waihi 22 I. Blackwater 22/15, Bank of New Zealand Alortgag 39/9. New Zealaiol Insurance stock, fours £lOO 7'6. <’II RfSTUHFRUH. Jum- 7. land (cum div.) 46/6 (4): Goldsboro’ Mort 25/(5. New Zealand Guarantee Corporation •" 9. New Zealand Refrig. ( lOs paid) 5/5, Christchurch (.'as 2(5 6 (2); New Zealaid Breweries (cum div.) 31/9; Tooth's Bri'Wery 3S/3 (4); Okarito II 2 (cum. div.). Waitaiiu ;4 '6 paid) 7/2. Reported: Mr Lyell (late sales 6) 22/X and 22/10. SHARP RISE IN PRICES. NEW PLYMOCTH. .hue 7. A .-harp rise in (he prices of woo', hides and skins, was r' corded a t the .-ales at New Plymouth and Stratford. Auctioneers express the opinion that ther ( - is every hope of increased re • ii.'iis to growers from now on. Hiles ::ppreci-ati'd I Ad to 2d a lb. sheepskins Is to Is (>d (‘null, and there were coinnicnsnrate rises in other cases.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19330608.2.57

Bibliographic details

Grey River Argus, 8 June 1933, Page 6

Word Count
512

COMMERCIAL Grey River Argus, 8 June 1933, Page 6

COMMERCIAL Grey River Argus, 8 June 1933, Page 6

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