WAIOTAHI COMPANY.

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

WAIOTAHI COMPANY.

/1,500 PAID IN DIVIDENDS. The annual meeting of shareholders in this Company was held in Mr F. A. White’s office, and was well attended, the chair being taken by Mr C. C. McMillan. The balance-sheet showed total receipts /5,31 s 10s 2d, and the expenditure left a credit balance of Z 926 10s lod. During the year 1,89302 s i6dwts of gold were obtained from 1,410 tons of ore, value /5.309 15s 2d, out of which dividends amounting to /i.goo bad been paid. Messrs C. C. McMillan and W. S. Wilson were re elected directors, and Mr D. B. McDonald was appointed auditor. During the past month 145 tons of ore won from all parts of this mine were treated for a return of 1950 ZS idwt of melted gold, value Z 533. ROYAL STANDARD. The contractor for the battery for this Wharekeraupunga mine has commenced work. News has also been received that the large reef known as Le Messurier was cut in the Company’s low level tunnel, and proves to be a large body of stone which gives splendid dish prospects. The cutting of this reef at this point is most important, as a large quantity of ore will now be available for crushing purposes. It is anticipated that crushing will commence in January or February of next year. TARARU CREEK RETURN. During the past four weeks 350 tons of tailings were treated by this Company for a yield of 2040 Z of gold, value /no 18s 6d. Another 319 tons of ore were put through the battery for 570 Z of gold, value /168 12s 6d, total yield /279 ns for the month. MAY QUEEN OF HAURAKI. Shares in this English Company have had an upward tendency during the past week, and seem likely to still go higher. A parcel of 47 loads of quartz has just been crushed by this Company for a return of 470 Z I3dwt of melted gold, value /127 5s 4d. This ore was won in the course of development works. MONTHLY OUTPUT OF GOLD It is encouraging to be able to report that the gold returns as compiled from mail to mail show a decided in-

The Crown mines’ return was not included in last month’s yield, as it came to hand just after the tables had been compiled. The output from the Thames shows a decided increase this month.

crease for the past month, as will be seen by the following figures:— Companies. Tonnage. £ 8. d. Thames. Kuranui-Caledoniaa 490 876 2 6 Tararn Creek 330 425 0 0 Adelaide 52 132 0 0 Nonpareil 34 212 0 0 New Alburnia ..500 1 360 0 0 Waiotahi 145 533 0 0 — 1 —- — — 1,561 £3 538 2 6 KUiOTVSV. Kapai-Vermont 260 535 0 0 Coromandel. Hauraki 350 1.546 0 0 Success 7 540 0 0 Golden Pah (trial) .. 7 30 0 0 Tokatea Console 13 140 0 0 Hauraki North 45 102 0 0 422 £2.358 0 0 Upper Thames. Crown mines .. 1.200 £3.300 0 0 Woodstock .. 1.030 3.947 0 0 Waihi-Sil ver ton .. 1.000 1.398 0 0 Waite kauri .. 1.841 5 462 0 0 Wai hi .. 3.120 11668 0 0 8191 £25 775 0 0 Total tonnage treated .. 10,424 Total value of gold won £31 256 2 6 Total value last month . 27 170 8 10 Increase this month £4 085 13 8