THE WAIHI OUTPUT.

Otago Witness, Issue 2809, 15 January 1908, Page 28

THE WAIHI OUTPUT.

.MORE RECORDS. ■ATTCKLASnX JanuaryAo> During; the 20 days- ended December 31 last the Wiihi Gold Mining; Company *con> pleted its final clean-up for 1907. From 25,967 tons of ore crushed and treated in that period bulKoa-valued at."£64,085 waa won. This is a- record for any similar, period,- the return) for the broken month of December, 1906, being £46,120, from 19,715 tona. The total ou'fepuif from the mine for the- past year corrected to> July 13 was £860,299, representing an increase of more than. £22,000 over the total for the preceding year. It must be remembered, however, that-the returns for practically the six last months of 1907- have yet to be- corrected, the bullion values puhlished invariably being considerably lesa than the actual amount realised at -Home-. It ie very satisfactory, therefore, tq find that, notwithstanding the incompleteness of the corrections, an inorease over' the preceding yeaz is nevertheless shown by.the available- figures.' This, increase, will be much greater, when the actual statistics can be compiled. The total amount won from the mine to data according to details so- far to hand'is £6 271,927, of which £2,839,432 has- been reimbursed to shareholders in the shape of dividends, etc Considerable purchases of E&asres in the Wadhi Gold Mining Company by colonial investors have bean- made of late," and there are convincing indications that there is in New Zealand a great deal of - confidence in the great Waihi mine." Some interesting figures' have been- obtained from, the local office of the company.. Since December 1G last to Jaanary 6 over 9000 shares" ,wei©'transferred fronftha London ta the colonial register, whilst 'during the past two- months about £160,000 worth. of the- 1 company?s 1 shares- h»ve found t&edr way into the hands, of colonial ataarehoMers. This in.yestm.ent of oolonisJ capital in tike, parent mine of Waihi has, aa a matter of fact, been proceeding steadily for the last two yews, as the statistics <shcvr. For instance^ on Jaaxuaxy 6 feafr there were on the "colonial' register I*,ooo- shareholders., owning: an aggregate- of 122(357 out of a- capital -of BOftGOO- ahares; Thi»' number of shares -is almost-iouz iirowr mare tham. tha numbers on tjie> ookmial register' when, the- Dooember dividend, in 190S wias paid; (32,280, held by 388 ,sitaor«holdeTs). At the present market price (£8 fa- QA), thereEorev the .shares heid ia the" Domdniop at present' have a capital value of- £1,021,928, a» oompaired with £37-0,348 t\?<} yee«B »gp, an increase oi £754.394 17s od, On tlte payment of the December dividend' in 1966 tfo«re ivere-806 shaxeholdors- on. $h& caiheoAal register, awning 72,295 shares, of a vaiue »i the pveBenit miarkefc prioe> of £605,470 12s 6d, so thait, the actual increase during the laaijreai: works out at 594 shareholdotDS, owaihg 60^063 Aaxes, of.» vaiue- o£ 7s Gd. Of tibia latter amsomnt over one-tfrixd. ia esfeimajbed to. hftve .Been invested wiEhin the- las* two months. . , - * The amount paid to'colonial sfhareliolders out of the .last dividend of &a Bd per shar* En December, 190T, was £20,871 Tm. Various -causes are' assigned for the laage influx *of shares to," -the Iooal" maxkafc.'fromLondon. Apparently there is now «■ Txetteir feeling at home. Laateet "oable.adnae-' «how«that the local price is now several ahiTTrngS balow *h» price at whloh tfie" irfhares can be imported from Hom«.""AftihoiJ^i so ksaas shares arrived from I/an<3k>n about Ohriatmas it has Been impossible, for at least a iwmtfc past, to import "V^*iiiiff from HJowfen to sell a.t a profft here. X may be safely aswumed that th-a influx of shares in socH large quaaititi«s at oil events will now oease until frhexe has baen a ooßaid«mble rise at ihis 3tu3 or a eorrespornfiTig. fall in liondon. The general *one of the London market, according to a recent cable, is much improved.