Ancland Mining Notes. (From Our Own Correspondent.) Auckland. November 23.
With/ the exception of a a-un on the New Alburnia shareß the values of minine stocks showed little alteration to-day, and transactions were not numerous Kap»i- Vermont shares changed hands at 10s, Welcome Fiuds 4% 61, and Brokeu Hills at from 8s 3i to 8s (id. A Ealo was reported in Ward Proprietary t hares at Is, and in Waihi Conßr.li at Is 2d ; while Waihi Pioprietary are fnnier up to 1* Cd, TuliimiDS cliAnged hands at 9i, with further jtellers at that figure. Byron Bay shares were still in dt-mund and Hold at Is 3d, while Rfay Querus roM at 10s. New Albuinias advanced from 5s to 6s in c .n c quence of a rumour that the regotiations for the sale have been completed, whereas the directors really granted an extension of time for floating. Captain Argall, of Uoromandel, in company with Mr Sinctl, representing K'nglish capital paid a visit to the different mine? in the Kuaotuna district to day. They are very favourably impresstd with what they'have seen Mr Sincal is ho satisfied that he has sent a cable to England advisipg his principals to invest. During the four weeks ended 16th inst. 30G0 tons of ore were treated at the W»ihi mine for £10,020 worth of bullion, in addition to which £fi9 worth of bullion wai extracted from the tailings, making a total of £10,119 One hundred and twenty tons less ore wan treated than during tho preceding period The high average of £3 5* 6d per ton w<*s maintained from the 2nd of Januaiy last. Twenty-nine thousand' eight hundred and thirty tons of ore have been treated at W*ibi for £102,680, leaving over a month to op*re to the end of 18t>5, ,the grand total got from the mine since 1890 now being £337,051. The Kapai Vermont return is an improvement on the previous one. Three hundred and tleven ton* yielded 6790z, of the value of £HjJO. Last month the mine treated 44 tons leis" for the Bime amount. November 24. Quite a feature of the day's operations on the share market was the rise in Waihi Silvertons through good news from the mine, otherwise Btocks show a downward tendency for the mo3t part.
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Bibliographic details
Otago Witness, Issue 2179, 28 November 1895, Page 16
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379Ancland Mining Notes. (From Our Own Correspondent.) Auckland. November 23. Otago Witness, Issue 2179, 28 November 1895, Page 16
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