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COMMERCIAL

GOLD MINING REPORTS MT. MORGAN OPERATIONS (Per Press Association.) WELLINGTON, this day. Mount Morgan reports that for the four weeks ended July 24,. Q ore was quarried, and 10,864 ton treated, assaying 4.83 dwt. of gold, .o_ per cent. Copper concentrates producer 456 tons, containug 16470/. of gold and 57 tons of copper. Operations in tli. open cut were interrupted by heavy rain, which restricted the winning and grading of ore, and, in- consequece, the mill was closed down. For one week, only 66 per cent, of the time was worked/ The ore milled was of low grade, largely outside reserves. Advantage was taken of the shut-down to complete and bring into operation a portion oi ttu now plant. This is working very satisfactorily, with increased production.

broken hill dividend (Per Press Association.s WELLINGTON, this day. A. cablegram from Broken Hill South I/united, states that a dividend of Is fid, and a bonus of Is a share has been declared, payable in Melbourne on beptember 14. The books close on August t.

SOUTH ISLAND RETURNS The Charleston return for the fortnight. ending to-day nets <oz. ior 11 shifts. The return nr the King Solomon Mine for two weeks was 11 log.. Itidwt. the SHAREMARKET (Per Press Association.) AUCKLAND, this day. Sales on ’Change: Farmers.grading, 7s 2d; 8.-yiown Goal, 9s 9d; ’PaAnor* Fertiliser. 20s fid; Union Oil, : ('laude Neon (N.Z.). 425; Bank ot Nr v Zealand. 51s fid ; Wool worths (Sydney), £102; Auckland Harbor Board, 1947, 4.1 per cent.. .C 106; Golden Crown, 7s. WELLINGTON, this day. Sales on ’Change: Taupo lotara, 7s ;iCd ; Colonial Sugar. .C 44 17s fid; Woolworths (W.A.), £8: 4 per cent Governmont Slock, 1955, £lll 1/s 6d; J>iP “ S 'criIHSTgiIURCH, this day. Sales on ’Change: National Insurance, 20s 7d (2). 20s fid; Consolidated Brick. 11s fid; King Solomon. 3s 9d: Maori (hilly. Is 5.L1 (2); Worksop, 2s sd. Reported sales; Kaiapoi. 16s oil; do., emit.. 6s Id; United Building. 245; New Zealand Insurance, 67s Bd. 67s 6d ; New Zealand Refrigerating, con., 9s Nd (4i Procera (vendor), 47s 6d (2), 47s (...); Woolworths, £5 3s (3). . DUNEDIN, tins day. Sales reported: Reserve Bank, £6 9s Bd: Union Steam, prof., £1 7s fid; Westport- «CoalJ £1 2s; iLonsolidatecl Brick. 11s 6d; Electrolytic Zinc, £1 9s; 4 per cent stock, 19*43-46, £lO. 10s.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19350729.2.130

Bibliographic details

Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11

Word Count
384

COMMERCIAL Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11

COMMERCIAL Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11

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