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MINING.

NOTES FROM AUCKLAND. Auckland, September S. The following are the quotations for shares ia leading rame3 on the Auckland share market :— BUSINESS DONE. ' Sales. Sellers. Buyers. ' s. d. a. d. Hazdbank ... ... 4s i 3 ' 3 11 May Queen ... ' fe9d, 10s 10 6 9 9 May Queen Extended Wd, lid 10 010 Moanataiari .:. ... 14s 14 3 14 0 Sheridan 3i11d,259d 2 11' 2 6 Victoria 3j 3d, 3s 9d 310 3 8 Aorere ... ... ... Is fid 1 9 1 5 Jupiter .:. ... ... 5j 3d 5 9 5 0 ' Kapai-Vermont ... ... 10s 3d 10 6•■10 2 JSyronßay.:. Is2d 1 2 11 Central ... ... ... -3s6d 3 9 3 6 Fiery Cross ... lid, 10} d' OU} 010 tircmuaia ... lasd 16 14 Grace Darling „. ... 4s Id 4 3 4 2 Hercules ... Is 8d 19 17 Knanui .... ... Is 54 1915. Imperial ■.:.■ ... „.. 2s3d 2 6 22' Komata Triumph ... ls"2d 14 12 Maritana ... „ „. Is Id 14 11 Oceania Is2d 13 12 Pandora „. 9d 010 0 9 Stanley ... ... ... Is4d 15 13 Talisman Extended ... 2s 3d 2 5 2 3 Waihi Extended ... Is Id 12 11 W*ibi South „ Isßd, Is 6d 18 15 Waverley... ._ ... Is lOd 2 2 19 Bay View... „ ... la 10d 2 0 19 Bunker's Hill .„■ 7s 6d, 7s 5d 7 9 7 4 Kmpress ... .;. ... 8d 010.0 8i . Kour-in-Hand „ 2s4d, 2s6d 2 8 2 6 MorniDgStar .... ... ■. 9d 010 0 Si Welcome Bind ...! _■ 4s 9d 5 0 4 3 Zealandia ... ...... \»9i . 11l 110, About £16,000 cash was remitted to-day from Kaglsnd to Auckland on account of tbe purchase of mines here, £5000 being, for working capital. j The option for the Waipuru Company's pro. perty has been signed ia favour of Mr J. Jekyn Cooper, of Cooper's Australasian Exploration Company. The terms provide that the company shall work tho ground for live months, at the end : of which a company is to be formed with a capital i of £150,000 in £1 shares, the vendors to hay 50,600; a working capital of £25,000 to be provided. Mr Cooper takes the property over at once. , ■ ' - £4500 has been paid iiy tie .New Zealand Mines Trust (Limited) on account of the optioa for the Kapai-Vermont mine, a company to be floated before the end of the present month ; the amount J stated above to be fetcited if not successfully \ floated; and to form part of the working capital if floated. The terms are :—Capital, i' 150,000; the purchasers to have t'hu option of placins either 35,000 shares and £M,OtfO cash or £68,000 c»sh and no shares.'. ■ - .' £45,000, the purchase money for the Central and Pilot .properties, has been received in Auckland from the WaUwkiwri Union Claim (Limited.) for the purchasing company. Central shareholders get £3120 of this and Pilot shareholdsts £1350. -.•■■<■. £1000 of the - New Tekafcea purchase money was received in Auckland. Shareholders also receive I 30,000 shores. A cablegram was received to-day slating that a substantial remittance has besn made to Auckland on tiiis behalf. The purchase money of the Waitekauri Amalcamatcd has been received, and will bo paid over tomorrow. The property comprises the Nebraska, Anglian, and Australian Mystery claims—in all • 100 ocre3. The compnr.y has a capital of £150,000 and a working capital of £40,000. A deposit of £400 was paid over to-day for the option of the New WJkau and Clunes property. The option expires on the 16th inst., and if the company is not takea up by the 16tu tha above sum will be forfeited. > The Moanataiari luoathly clean up from 474 tons treated gives 1390z gold, of the value of £370. ' : ' Mr P. Uaples, a West Coast prospector and mine manager, now prospecting for Mr David Ziman's syndicate, has arrived irom Coromandel for the purpose of inspecting properties with a view of taking mines up on behaJf of his syndicate. Mr Thomas Callender reports Uoz gold from the Matakitaki Gold Ured£ing Company (Limited) for 90 hours' dredging.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18960903.2.18

Bibliographic details

Otago Daily Times, Issue 10587, 3 September 1896, Page 2

Word Count
639

MINING. Otago Daily Times, Issue 10587, 3 September 1896, Page 2

MINING. Otago Daily Times, Issue 10587, 3 September 1896, Page 2

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