MINING NEWS

Otago Daily Times, Issue 23004, 6 October 1936, Page 6

MINING NEWS

ALEXANDER MINES Alexander Mines, Ltd.. report that the return from the month of September was as follows:—Battery department: 510 tons crushed for 3140 z 9dwt of melted gold. Cyanide department: 315 tons of sand treated for 750 z 18dwt of bullion. The total estimated value is £2613. In addition, 12.3 tons of concentrates were saved, valued at £351. In estimating the above values gold has been taken at 140 s a fine ounce. MATAKI DIVIDEND The Stock Exchange Association has received a telegram that the Mataki Company has declared a dividend of Id, payable on October 14. WAITAHU RETURN Messrs W. A. Mitson and Co., seci'etaries of the Waitahu Gold Mining Company, Ltd., report that 520 z 6dwt have been won from a further partial wash-up of No. 9 paddock, for 27 shifts of eight hours each. The previous wash-up was on September 21. This makes a total of 970 z 6dwt from this paddock. 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 on Saturday last was 17oz 7dwt for 132 hours' dredging. CENTRAL SHOTOVER The Central Shotover Gold Mining Company, Ltd., had a wash-up during the week-end, when the gold secured turned the scale at 120 oz. This represents about four weeks' work, making a total of 800 oz for the operations of the past 13 months. PRICE OF FLOUR INCREASE TO BAKERS (Special to Daily Times) AUCKLAND, Oct. 5. The price of sack flour has been raised by 3s 6d a ton as from to-day, making the new value £l3 15s 6d a ton, according to an announcement made, by the flour section of the Wheat Committee. The increase is being made on 2001 b sacks. There will be no increase in the price to the public either for flour or bread as the agreement is purely betwen the Wheat Committee and the bakers. MELBOURNE EXCHANGE (United Press Association) (By Electric Telegraph—Copyright) MELBOURNE, Oct. 5. (Received Oct. 5, at 11 p.m.) On the Stock Exchange long-dated bonds were in better demand, investments were steady, barriers quiet, and gold mining shares more active.

SYDNEY STOCK EXCHANGE SYDNEY, Oct. 5. To-day is a public holiday in Sydney and the Stock Exchange is closed. Scott Bros., produce merchants and commission agents, agents for the Dunedin Egg Suppliers' Association, report: Eggs: Poultry farmers' Is Id, storekeepers lid to Is per dozen. Butter, to lOd per lb. Honey: Bulk, to 6d per lb. Poultry: Hens, light Is 6d to 2s, heavy 2e 3d to 3s, roosters Is 6d to 2s, boiling roosters Is 6d each, cockerels Is 6d to 3s each. Ducks 2s to 2s 6d each. Geese 3s to 4s each. Turkeys: Hens. 7d to 8d per lb, gobblers 8d to 9d per lb. Pigs: Prime baconers 7d per lb, porkers 6Jd per lb. Fat: Nominally 10s to 12s per cwt. Potatoes: Arran Chief £5, King Edward £5 10s per ton. Chaff: Prime oaten sheaf £5 5s per ton, bags extra, ex store. Onions: To arrive, Canadian 17s Eer bag. Patridge peas, to 6s 6d per ushel, sacks extra. Feed barley 3s 6d per bushel, sacks extra. Barley pollard 9s 6d per sack of 150 lb. Whole fowl wheat 5s to 5s 3d per bushel, sacks extra. Seed potatoes: Jersey Bennes £8 to £lO, King Edwards £6 10s per ton. Whole maize 8s 6d par bushel. Hay £4, ex store. Oats: Gartons 3s to 3s Gd per bushel, sacks extra. Sparrowbill 3s 6d per bushel, sacks extra. Oyster grit 6s per 1001 b. Straw: Oaten £3 ss, wheaten £3 per ton, ex store. Stocks held of lucerne meal, Belfast meal, and Cross Keys and Victory meatmeals. Free use of fowl crates on application. October 5, 1936.

Comm. Bank of Australia it s. 0 18 a. 8 National Bank (£5 paid) .. 7 5 0 National Bank (£10 paid) 14 10 0 0 18 4 G. J. Coles 3 17 9 Drug Houses 1 10 4J Australian Iron and Steel 1 6 # 4 14 3 Dunlop Perdriau .. 0 17 2 Dunlop Perdriau (pref.) .. 1 13 6 Goldsbrough Mort 1 14 0 2 3 0 0 14 5 1 9 9 Broken Hill Propty 3 18 3 North Broken Hill .. .. 9 10 0 •3 17 3 0 15 2 1 3 3 0 19 0 1 4 9 Herald and Times .. .. 3 9 9 General Motors 1 3 9