Exchange Notes.

New Zealand Graphic, Volume XXIV, Issue XV, 14 April 1900, Page 685

Exchange Notes.

Returns from mines reported this week totalled £29.478 11/1. The total output of bullion from the Waitekauri Company’s mines now amounts to £244,746 17/. This month's return was £610!) from 2054 tons. A small parcel of 26 tons of ore treated by I he Kapanga Company yielded £6B 0/0. Wellington Gas shares were wanted this week at £ 17. The 150 tons of ore from the Hauraki mine ami 151 lbs of stone treated last month produced bullion worth £1413. N.Z. Insurance shares so’d at 61/, and more could be placed at the same rate. Northern Steam shares sold at 6/10. and later on were wanted al a penny advance. The Ke.ep-it-Dark Company's (Reefton) battery return for the month was 2470 z gold from 1041 tons; cyanide return, 1560 z gold from S5O lons of tailings. The N..Z Talisman mine and property has finally been sold to the Talisman Consolidated Company, and instructions have been received to lay the foundations for a further 50stamper battery, with engine power for 100 stampers. Fair sized lines of Talismans changed hands at 11/6. Tararu Creek Company’s return last month was £1216 IS/1 from 980 tons of ore. In the May Queen Extended mine the shaft is now clown 89ft. Tributers in the Adelaide section of this company’s property are getting quartz which occasionally shows colours of gold. A parcel of 16 tons of ore from the Kaiser reef in the Ironcap mine. Thames, when crushed yielded bullion worth £.52 17/3. Taupiri Coal shares sold at 17/ and are still wanted at 16/6. Kuraimi-Caledontan tributers this month crushed 361 lodes of ore and 2801bs of picked stone for a return of bullion valued at. £974 8/. an increase of £368 8/10 upon the previous month's output. During March gold worth £152,980 was exported from the colony. The total gold export from the colony for the quarter ending March 31. was £371,838, an increase of £11,789 upon the first quarter of 1899. Dredging shares sold this week at the following prices : — Alpine Consols. 38/; Gold Queen. 39/; Hartley and Riley. £l2 10/. £l2. £ll 15/, £l’l I I/. £ 11 10/. £ 1 1 5/, £ 11 2/6. £ 1 1 I/, and £11; Inch Valley. 41/, 43/, and 42/; Magnetic. 72/; Nevis, 29/6; New Alexandra. 48/. 48/2 and 45/; Vincent, 42/. The first return from the Grace Darling Company’s new battery wns £420 from 922 tons. Of this quantity only 175 tons were vyanided, the balance being stored for future treatment, tity being stored for future treatment. The return from plates and boxes was £350, and from 175 tons eyanided,

£7O. ’rota!, £420. The amount rvcehed for bullion will more than cover Buyers this week offered 2/ for Eclipse share-. Occasionally a few pounds of picked stone are obtained from the Sons of Freedom reef in the New Whau mine. Two loads of quaitz crushed for tributers yielded £6 1/6. The pumping machinery at the Wai hi Grand Junction Company's mine smarted work this week. The capacity is 40.000 gallons per hour. N.Z. a.nd River Plate shares have been asked for at 20s. but holders asked 225. The Waitaia G. M. Company. Kuaothe past month was £4OO from 85 tons of ore. Tributers in the Tokateu Consols mine, Coromandel, obtained £4O 15s 7<l from 2} tons of ore. Good progress is being made with the erection of the Barrier Reefs Company’s new battery. The Waitaea G. M. Company, K unotun a, ha.s commenced crushing operations at the Great Mercury battery. N.Z. Crown Mines shares have had steady buyers at 13s 4d, but no sales. New Four in Hand return this mon'th was £520 16s 6d from 120 tons. The total output for eleven months from this mine, with only a five stamper battery, is £6400 Total yield from the Waihi minft now amounts to £1.259.4 13 10s 2d. Last month’s contribution was £29.198 from 7576 tons. Hartley and Riley's dredge shares fell considerably in pr’ee this week, being sold as low as £ll. as against. £24 a fur.ni’zh. ..go. ine r, turn this week was 117 oz lldwts?. Tairua Broken Hill shares recovered a lit tie in price during the week, being sold at 2s Id. The first return front the Tairua Broken Hills mines was disappointing, 600 tons having yielded £3OO, there being no evanide plant at work. The directors at once met and made a call of 4d per share in order to complete the cyanide plant.