NEW ALBURNIA RETURN.

New Zealand Graphic, Volume XIX, Issue VIII, 14 August 1897, Page 234

NEW ALBURNIA RETURN.

£1, 360 FOR THE MONTH. During the past fortnight steady business has been done in shares in this Thames Company, and prices advanced from about 4s 3d to 5s Bd. The reason for this advance was made manifest this week when the result of the month’s crushing operations was announced, as it showed a substantial increase upon the previous yield. The total output of gold for the month was 5070 Z 2dwt, value /1,36 c 14s 4d. The return was made up as follows :—500 tons of general dirt yielded 2570 Z, and one ton of picked stone from the newly-discovered leader 25002. The previous month’s yield was 37ioz lodwt, valued at /gB6, from 300 tons of general dirt and 4dwt of picked stone. In addition to the increase in this month’s yield, the quality of the gold was also better, and realised 5d per ounce more than last month’s gold did, the price obtained on this occasion being 53s 8d per ounce. KAPAI-VERMONT. Ore of better grade was crushed during the past month by this Kuaotunu Company. In all 260 tons of ore was treated for a yield of 2380 ZS of gold, valued about /58s. During the previous month only Z 446 was obtained from exactly the same quantity of ore.