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THE AUCKLAND BOOM.

(From Our Own Correspondent.) Auckland, September 18. The assay value of the bullion treated by the Crown mine, Karangahake, last month was JC2327. There is a good feeling on 'Change, and a lotof business iB transacted in high-priced stock. Kapai-Vermonts have risen from 13s dd to 15s ; Bales of Try Flukes are recorded at 13s ; Talismans have advanced to 13s ; New Tokateas have found buyers at 3a" ; sale 3 have been effected of Bunker's Hilla at 6s 6d; while Woodstocks aud WaihiSilvertons are firm. Great interest is manifested in the report of a rich find of gold at Kennedy's Bay. A b*g ru«h has set in to the place. A prospecting *yndicate, formed iv Auckland, sent men to Kennedy's Bay. Av other find Is reported eight niilea north-cist of Waihi, in tho centre of the bush country. A special claim wns applied for thi^t aflemoen, aptly called the " Fifty Feet Reef " claim. Latest quotations :— New Alburoia. sales 7s ; Bunker*, os JTd; Ilnzelbank, 6s 6d: May Queen, 12s aud 11a 9d ; Woodstock, 40s to 42a ; Talitm&n, 13s to 13a 6J ; Kapai-Y«rmoat, 13s 6d to 16s. Sept«mbar 19. The following are the quotations for some of the leading mines in the Auckland share mirket:— New Alburnia, buyers 7s, sellers 7s 3d ; Cambria, buyers 2a Id, sellers 2* 3d ; HazalbauV, selleis 7s ; May Queen, buyers 12s 3d, sellers ISs, Crown, sellers 41s; Waihi-Silverton, buyers 60s, tellers 60s Gd ; Woodstock, buyers 3&, sellers Us ; Waiteliauri, sellera fl&s 6d ; Talisman, bujers 13s 3d, sellers 14j ; Waverley, buyers Is 101 be'lers 2s; United, Eellcs 2? 8d ; Imperial, buyers 2s 3d, sellers 23 Cd ; Victor, buy<.w ii (id, bclltsSs; K-pai-Vtrm- nt, buyers Ms (5.1, Eellers -34-> 91- Try Fluke, buyers lste 6), sellors 133; Bunk v Hill, buyers 6d, sellers b's 4d ; New Tck.it a, buyers 3d, sellers 3s 3d. Siptembcr 20. A cablegram haa been received stotiug that the Victor Waihl Company is floated and fully subscribed in London with a capital of £110.000 m 220.C0) sharse. The working capital is £45,000, of whUih £10,000 will be available in casb. The following are somo of the quotations on the Auckland share market :— New Alburnia, sales 7s, bnjcis 7s 3d; Cambria, buyers 2s Id, Bclleie 2s 4d ; Hazelbank, buyers 6d 3tl, sellers 7s ; May Queen, buyers 13s, sellers ]3s 4d ; New Mo^natQiari, buyers 9a 60, hcliois 9s 9d ; Grown, buyers 40s, sellers 43h ; Silverton, buyers 595, eellers 61s ; Woodstock, sellers 40a ; Waitekaun, Bellers 9s ond 8s 6d : Grace Darling, seller* 3» Bd ; Talis, buyers 13s Cd, sailers 14s ; Uuited.s-jlk-rs 2s 8d ; Alpha, buyers 7s 3d, sellers 7s M ; Imperial, bu-, cim 2s 4d, sellers 2s 7d ; Victor, buyers S"*, ser.M O sd2d; Knpai-Vermont, sellers 14< s)d ; liy Fluke sellers 13s and 12s : Welcome Find, sellerß 4» : Bunker Hill, buyers Cs 3d, sellers 6s 9d ; New Tckatcii, buyors 4s, sellers 4s 41 ' September 21. Busine3B was brifk on the Stock Exchange today, with a decidedly better demand tor Th:>mes and Karangabaka shares. The news of the piobable sale of the Maori Dream mine caused Bhares to go off at 4s, but there were further sellers at 3* 4d. Aoreres still s-II at 2-!, aud Goldea Anchors at 2s 4d, while Phoenix shares advanced 'to Is Id. Coronnndel stocks fhowed uo change in valu-s with the exception of Harbour Views buing a little firmer, aud generally spe/kiug there are more buyers for shares in that district. Owharoi cbauged hands at 7s 9d and 7s 6d, with further Irayurs at the latter figure. Sales ff> re reported j inab>ut a dozen Karangabnka Btocke at bettor pri 1 - p generally Talisman, Talisman Kxt«nded, an > Victory all reached higher values. In Waitekaiui stocks the ouly transactions were Oiuauias at 2a Id aud Waitekauri No. 4at 2s Bd. Thames Bt- cks sold well, Moanatuaiis advuocing from 9s 6a yesterday to 10s Od to-day, with further buyers at 11s, and no sellers under 12*. May Queens again changed harvtf) at 13s 2d, and Alhurniaa at 7h 3d. Other stocks showed little chango. The monthly crushing of the Try Fluke yielded 303 z Stp'tmber 23. The Hauraki unte (Coromandel) has crushed 190 tons for the month, the yield being 2810oz of gold, value £8100, averaging nearly 15oz per ton La-t month the yield averaged llioz. During the present year 21,«490z lOiwt cf gold, worth jE6\")BiB, hay« been won from the mine. Cable advice is received fiom London that £4000 has betn forwarded to Auckland out of the capital Bu]icnbed for the Wooddtick United Gold Jliisii g Company. The (.hare market opened well to-day. Sales took pla'e at the foil >wiDg rates:— May Queen 13s 3J, Moanataiari Us 6d, Waihi-SilverUn 60s, Waihi South 2s 6d, T-liaman 15*. Victor sa, Tali'inaa Extended Ss Bd, Alpha 7s Si, Waitekauri No. 4 2s M, Owharoa 7s lod, Welcome Find 3s 10J, Bunker's Hill Gs 61, New Tokatea 4s. Kapii-Vemiont 14s 3d, Try Fluke 12s 61, Wdita 3s 41. UoUcn A»cb-r 1- Sjd, Maori Dteam3s3d. IJuy. r-, : Ciowu 39j, Huanui 2a 9d. Ihe fallowing are the quotations of the other leading mines:— New Alburnia, buyers 7s 3d, aelles 7s 8J ; Cumbrian, buyers 2s, Bellers 2a 3d ; HazslUnk, buyers 6a 61, sellers 7s ; May Queen, bujcrs 12s r!d, tellers 13s ; Woodstock, sellers 40a ; Waitikmir', sellers 98s ; Grace Darling, s-Olers 3s 3d; Talisman, sellers 15s 3d; Imperial, buveis 2r sd, F.-l!ers2» 6d : Victir, buyers 4s Ud, Eelleiss3 3d ; Welcome Find, buyers 4s, tellers 4s Id : ' B»nki:r's Hill, buyers 6s 3d, sellera 6s 6d ; Crown, eellers 433. »

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https://paperspast.natlib.govt.nz/newspapers/OW18950926.2.63.3

Bibliographic details

Otago Witness, Issue 2170, 26 September 1895, Page 17

Word Count
917

THE AUCKLAND BOOM. Otago Witness, Issue 2170, 26 September 1895, Page 17

THE AUCKLAND BOOM. Otago Witness, Issue 2170, 26 September 1895, Page 17