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THE GOLDFIELDS

AUCKLAND SHAREMARKET. J The market was quiet on Saturday. In investment lines New Zealand Insurances sold at 795, more being offered at same price, with buyers at 77s 6d. In mining lines Monowais were done at 2s 6d, with further buyers at that price, sellers 2s 9d. Crowns had sellers at 13s 4d, buyers 12s 9d. Little interest was shown in other lines, few buyers quoting. j NEW ZEALAND CROWN MINES, ! LIMIT HIGHEST RETURN OF THE YEAR. £7105 FROM 2892 TONS. TOTAL TO DATE, £427,971. During the month of May the New' Zealand Crown Mines, Limited, crushed and treated 2892 tons of ore for a return of bullion valued at £7105. This is the highest yield from the mine during the present year, and brings the. total won to date to £427,971, as shown in the following table of details: — Bullion obtained prior to 1396 £138,104 To December. 1393 <, ... 52,024 To December, 1899 71,636 To December, 1900 66.515 To December, 1901 68,070 Total •• £396.352 January. 1902. 2631 tons 5.881 February. 1902. 2560 tons 6.-33 March, 1902, 2465 tons 5.9i0 April, 1902, 2783 tons 6.320 May. 1002. 2892 tons 7,lCa Total '. £427,971 MONOWAI G.M. CO. [BY TELEGRAPH. —OWN CORRESPOXDEXT.] Thames, Saturday. The scow Matakana left Waiomo for Auckland this morning, with 28 x tons ot concentrates on board from the Monowai Gold Mining Company's reduction works, to he shipped to the Dapto Smelting Works per the steamer Elingamite. MERMAID SEA BEACH CLAIM. [BY TELEGRAPH.—OWN CORRESPONDENT.] Coro.uandei., Saturday. The proprietors of the Mermaid Sea Beach claim have completed their first crushing of six tons of foreshore silt, at the School of Mines' battery, for a return of 4oz lOdwt of melted gold, valued at £13 10s 3d. Mr. Hornibrook, the man® ager, is well satisfied with the result. A large amount of dead work has been done, and the claim is now well opened up. Frequent crushings may be looked for. SOUTHERN MINING. [BY TELEGRAPH. —PRESS ASSOCIATION*.] DUNEDIN, Sunday. The following dredging returns are to hand : —Electric, 1570z; Manuherikia, 1530z 4dwt ; Sailors' Bend, 1370z; Fourteen-mile Beach, 960z ; Earnscleugh No. 11., 720z sdwt; Rise and Shine. 520z lOdwt; Mystery Flat, 470z 9dwt: Alexandra Lead, 40oz lOdwt; Majestic, 38oz ; Gentle Annie, 360z; Upper Magnetic, 340z 7dwt; Olrig, 31oz 13dwt ; Success, 230z 18dwt sgr; Central Electric, 230z 14dwt; Golden Bed. 220z 16dwt; Molyneaux Hydraulic, 220z; Dunstan, 21oz*10dwt; 'Gabriel, 20oz 15dwt Bgr; Waikaka, 18oz lOdwt•; Davis' Bend, 16oz 6dwt; Golden Gate, 15oz 2dwt ; Riley's Beach, 15oz: Wairaumu Queen, 14oz 14dwt 6gr; Ngapara No. 111.. 13oz 16dwt : Waikaka Queen, 12oz 13dwt ; Long Valley, 12oz; Royal Maori, 12oz; Royal Waimumu, lioz 6dwt ; Dunback, lioz; Happy Valley, lOoz lOdwt. Greymocth, Sunday. The following dredging returns are to hand: —Al, 12oz for 124 hours: Mokoia, 460z 6dwt (no time given): Leviathan, 38oz lOdwt for 124 hours; Reeves' Proprietary, 320z sdwt for 120 hours : Buller Junction, 320z for 300 hours; Qallaghan's ! Creek, 21oz for 120 hours: North Beach, 260z 6dwt (no time given); Greenstone Three-mile, 18oz (no time given). Wellington', Sunday. Premier Buller, 41oz 6dwt; Kangaroo Creek, soz 2dwt; Rocklands, 17oz; Hauhau, lioz 3dwt.

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https://paperspast.natlib.govt.nz/newspapers/NZH19020609.2.55

Bibliographic details

New Zealand Herald, Volume XXXIX, Issue 11987, 9 June 1902, Page 6

Word Count
515

THE GOLDFIELDS New Zealand Herald, Volume XXXIX, Issue 11987, 9 June 1902, Page 6

THE GOLDFIELDS New Zealand Herald, Volume XXXIX, Issue 11987, 9 June 1902, Page 6