WAIHI MINING.

New Zealand Herald, Volume LXVIII, Issue 20889, 3 June 1931, Page 5

WAIHI MINING.

THE PARENT COMPANY. BEST YEAR SINCE 1927. ') ORE CRUSHED YIELDS £396,268. The report, of the directors of the Wail.i Gold Mining Company, Limited, states that in the year ended December 31, 1930 . 220.934 tons fo< 200011). dry weight) of ore were treated, compared with 2.13.370 tons the previous year. The gold and silver sold realised £381,818, an increase of £21,218 on the previous year. To this amount must lie added £14,450, being tlia special amount obtained by reduction of bullion in process of treatment. Sundry receipts, including interest, amounted to £19,389. The value of the power supplied by the Government in pursuance of the terms of the purchase of llorahora was £10,625. These items amounted to a total of £426,282, compared with £404,770 last year.

Expenditure, excluding taxation, totalled £294.638, leaving a gross profit of £131,644. The sum of £28,444 has been paid or reserved for income tax and the sum of £6720 has been written off for depreciation. After theso appropriations the balance at credit of revenue account was £96,481, to which was added £5257 brought forward from the previous year. After payment of a total dividend of 2s a share, the sum of £2556 was left to be carried forward. Thero was no expenditure on capital account during the year. Sales of cottages to workmen realised £475 and sales of old plant £279. The company's interest in the Punket Tin Dredging Company, Limited, is shown at £51,541. The report states that orders have been placed in England for the

dredge. The total bullion returns for 1930, afc £396,268, apart from those for 1927, at £419,846, were the highest since 1911, when the company took £679,116 from the mine. The total bullion receipts since 1890, at December, 1930, were £16,682,368. A summary of the accounts, as cabled, was published in the Heralu on May 24. THE CITY MARKETS. YESTERDAY'S AUCTIONS. VEGETABLES WELL SUPPLIED. 3"'ewer reject apples are now coming forward to the City Markets, but in spite of the improvement in quality prices continue on comparatively low levels. Increased quantities of lemons are now coming in and the market cased appreciably yesterday. Hothouse tomatoes mee a steady demand. Oranges are slow c sale. The market is heavily supplied wi ■ ; cabbages, cauliflowers, celery and potatoes. A few local potatoes continue to cctw. forward to sell at around 3s to 4s 6'? - bag, according to quality. Eggs have advanced another Id a dozen to 3s 2d a dozen for first grade hen eggs, the highest price this season. The market for poultry is also a shade firmer. Prices for average quality lines in the City Markets yesterday ranged as follows : FRUIT. Apples, Delicious, 3s to Gs a case; Spys, Is to Gs; Munroes, 3s to 4a; Ballarats, 'ls lo us Gd; Jonothans, Cs to 6s Cd; Jupp Jfussets, 4s to 5s Gd; Grannie Smith, 5s to Gs; pears. Coles and Nellis, 8s to 3s Gd a case; small, -is to ss; P. Barry, 7s to 7s Gd: Keiffers, 5s to Gs; teniatoes, choice hothouse, 9s to lis a case; choice ripo outdoor, 5s to 7s Gd; others, Is to 2s Gd; lemons, first grade, 9s to Us a case; Australian, 12s to 13s; others, 5s to 8s; passions, 2s Gd to 4s a case; persimmons, 2s to 3s 6d a case; tree tomatoes, 4s to"8s a case; Cape gooseberries. Id to 4id a lb; grapes, hothouse, Column, extra choice quality, In 9d lo Is lid a lb; others, lOd to Is Gd; Sydney white, los to IGs a case; oranges, Island, according to count, 10s to 13s a case; Australian Navels, 9s to lis; grapefruit, local, (is to Os a case; (juavas, 4s to Gs a case; bananas, choico ripe repacks, up to 27s % case; seconds and mediums, 18s to 22s 6d. VEGETABLES. Fotatoes, Southern, 10s Gd to 12s a sack; local, 3s to 4s Gd a bag; onions. Southern, Gs to Gs Gd per cental; local, 4b to fij a bag; kuniaras, local, 4s Gd to Gs 6d a bag; Tauranga, 9s to Us Gd a cwt.; cabbage, 3s to 8s Gd a sack; cauliflower, 3s Gd to 10s a sack: swedes, 2s to 3s a bag; pumpkins. 3s to 7s Gd a cwt.; citron melons, 4s to 5s Gd a cwt.; green, peas, 5s to 10s a bag; beans, 7s to 20s a bag; lettuce. 2s to Gs a ! case; cucumbers, hothouse,' 2s Gd to 3s 6d a dozen; outdoor, 2s to 4s a dozen; vegetable marrows, 2s to Da Gd a dozen; cabbage, 2s Gd to 4s a dozen; cauliflower, 2s to 8s a dozen; celery, Is 6d to 3» a bundle; rhubarb, 2s lo 3d a dozen; spinach, 9d to 13 3d a dozen; pumpkins, 4d lo la each; radish, Gd to Is a dozen: spring onions, Gd to Is a bundle; carrots, parsnips, beet and turnips, 3d to 9d a dozen; leeks, 3d to 5d a bundle; chokos, Is to 2s a dozen. POULTRY. Cockerels, lieav-y breeds, prime. 3s Gd to Is Gd each; not prime, Is Gd upward; liffht breeds, prime, 2s Gd to 3s Gd; not prime. Is 3d upward: fat roosters, heavy breeds, prime, 2s to 2s 9d; light, Is 3d to 2s; fat liens, heavy, 2s Gd to 3s 3d; light, Is 6d to 2s; laying hens, light breeds, '2s (id to 3s Gd; pullets, heavy bieeds, best, 4s Gd to Ss; light breeds, best, 3s to 8s; smaller, 2s upward: drakes, young, prime, 3s to 3a Gd; smaller, Is Gd upward; ducks, young, 'ls to 4s Gd; old. 2s to 2s 3d; guinea fowls, 3s to 4s, DAIRY PRODUCE. Hen eggs, special grade, 3s 2d a dozen; A grade, 3s; B grade,_ 2s 9d: C grade, 2* 4d. Duck eggs, special grade, 2s lid a dozen; A grade, 2s lOd; B grade, 2s 7d; C grade, 2s 4d. Farmers' butter, ]ld to .1* 2d u lb. DOMINION FERTILISER CO. THE FIRST ANNUAL MEETING. [IS Y TELEGRAPH!.—OWN CORRESPONDENT.] DUNFDIN, Tuesday. The first annual meeting of the Dominion Fertiliser Company was held this evening. The chairman, Mr. Peter McSkimming, presided over an attendance of 70 shareholders. Tracing the history of the company, which went to allotment in November, 1929, the chairman stated that Ihe buildings had been completed in February last and manufacturing had been started six months ahead of the date originally proposed. Share capital payments to date exceeded £208.000 and in addition a sum of £20,000 had been placed in debenture capital. All payments on the building account had been met in accordance with the certificates of the engineer and architect. " Speaking of tlio company's product, Mr. McSkimming mentioned that the price of superphosphate was to-day approximately 27s 6d a ton less than when the company started. On the basis of last year's output this represented a saving of over £125,000 lo farmers of the South Island.

Two shsieiiolders congratulated tho directors on the position attained by the company and stated that it was assured of tlie support of farmers, both individually and through llicir organisations. The retiring directors, Mr. MoSkimming and Air. James Fletcher, were re elected.

NEW AUCKLAND COMPANY. The following private company has been registered in Auckland: . . , Alfa Automobiles, Limitod, manufacturers, importers, indentors, ' l ®V j pairers, cleaners and warehouse.of, a dealers in. automobiles, *• «• 1 «