COMMERCIAL

Poverty Bay Herald, Volume LX, Issue 18257, 28 November 1933, Page 9

COMMERCIAL

MINING- NEWS Talisman Dubbo (Karangahake). — Last week 50 tons of ore were treated ! for £164, exclusive of premium and ex- | change. i Charleston Sluicing (Buller). —I or tho I fortnight ended November 18, 16oz. 110'dwt. for 18 shifts. A report issued by Kildare Consoh- , | dated Gold Mining, Limited (Central Otago) states that a wash-up was comjpleted on November 22, and resulted in a return of 2040 z. ldwt. A slip came i down on the east end of the paddock for a distance of 100yds. to within a. . chain of the elevator, covering a porf t ion of the leader. It is estimated that J between 80oz. and lOOoz. were lost on ; that account. The return is for 10 days’ < sluicing on the lead. Tho newly-appointed manager of Gol- ' den Point Gold and Scheelite Company, I .Mr. A. W. Turner, has taken over his | duties and is now engaged on an inspec- ! tion of the company’s mine in Central Otago. Since operations were suspended at the end of last year on account of lack of capital, shareholders have supplied capital to enable development j work to he resumed. Tho operations at ' the mine before closing down were coni lined solely to the gold-bearing reels in 1 the lower levels. The scheme of devclopi mnnt provides for opening up the top ! levels which embrace the scheelite dcj posits. When the company was operati iog 12 months ago scheelite was worth £4O a tou. and to-day it is worth £l2O. including: exchange. BHAREM'ARKRT (l’er Press Association.) AUCKLAND, this day. Sales on ’Change: Farmers’ Trading. B pref., 10s; do., ordinary, 3s 6rt; Grand Junction, 4s 3d; Waitalui, 6s 2d, 6s Id; 'Dominion investment, 17s; Alexander Mines, 17s 3d; National Insurance, 19s; I \lt. Lyell, 22s 3d ; Goldslmmgh Mort, i 3Cs 6(1; Bank of New Zealand, 47s 6d ; E.S. and A. Bank, £5 13s 6d ; Loan and j Mercantile, £6O; Colonial Sugar, £6O ! 10s; Auckland Harbor, 51 per cent., 1 £lO3 15 s WELLINGTON, this day. ! > Sale on ’Change: Bank of New Zea-1 •'land, cum div.. 47s 3d. i OHBTSTCIIURCH, this day. i i, Sales on ’Change: Government 4 per ; [cent. Inscribed Stock, 1940, £102; E. S. j

.:ml A. Bank, cum div., £.5 13s 6d; Bank of New Zealand, cum div.,’ 47s 4cl; Goldsbrougii Mort, 30s 6d (21); Tooths Brewery, 42s 6d (2); Mt. Lyell, dum div., 22s 4d; Alexander Mines, 13s 6d paid, 17s 4d (2); Bell-Kilgour, Is 3d, Is gan, 58s; Okarito, 10s 2d (2) ; Waitalui. 6s. Reported sale: National Insurance, 19s. DUNEDIN, this day. Sale on Change: Nevis Diesel, lojd. Reported sales: New Zealand Refrigerating. con., 9s bid; Bank of New South Wales, £33 7s 6d.