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Exchange Notes.

Standard stocks had more attention this week. W’aihi Company distributed £40,000 in dividends on June Ist. • Brown sandstone has been met with in the Waihi South drive which is considered a favourable sign for the existence of a reef. I rima Broken Hill shares advanced in price this week, being sold up to 2/3, ; t which figure there are still buy-, ers. Work has been commenced on the Kapowai mine, < iunitow n. ; The tw o reefs show gold freely in the stone broken out. Enquiries were made for Union Bank of Australia shares this week, buyers advancing from £35 to £37 without s i c: resulting as no holders quoted. Ih ring the half-year the Mt. Lyell (Tasmania) Company . paid dividends and bonuses aggregating £123,750, besides transferring. £25,000 to the reserve fund. Insurance shares had good demand all round. New Zealands being wanted at 03/, South British 6.1/; Nationals 17/. Standarils 14/4, and -Accident at Taupiri Coal shares advanced ,4n price, sales being made at 17/9, with fu-ther buyers at 17/0. A sharp advime took place in W'estports, buyers offering as high as 71/, without sales resulting. The buying price of Hikur.ingis also os< te 7/8. Auckland (las shares were wanted at £l3 15/ and £lO 12/6 for old and new issue Kiturns from the dredges in the South show: a falling off owing to the'

high rivers. Hartley and Riley return was 2<)Bozs; Empire, 730 z l.’ilwt; Matau 450 z; Golden Gate 390 z s<lxvt; Junction Klvcfric 37<>z lC>dwt| Golden .Beach 34 oz; 14<lxvt; Waimtimu 230 z; Maori 2!oz, and Success 20oz.

May Queen shares sold up to 2/6, and are still wanted at 2/3. A fourth vat has been charged with 80 tons of ore at the Maratoto Company's mill, 'rhe average assay value was £2 4/8 per ton. Shares however cased in price, bring offered at» 1/, wh ; ‘ie buyers would not exceed Bd. - The Golden Age reef has been cut in the Moanataiari mine, Thames, ami a trial parcel of ore is being treated to les* its value. The Hauraki G.M. Co’s, yield this month xvas £ 1.213 6/4 from 150 tons of quartz •. nd IX'llbs of picked stone. L.Q’B. Timber shares xv* re dealt in at 26/. Kauri Timber had buyers at 5/-f ir paid up, and 11. Id for contributing* issue. Hartley and Riley dredge shares sold from £ll 17/6 to £ll 15/ ex-div. C c itral Electric from £ 5 to £4 18/6, Vincent £3 11.0, and Second Magnetic £1 17/6. Walin Consols shareholders met this week. The credit balance at date was £620. Enquiry has set in for Barrier Reef shares noxx that good progress is being made *xitb the battery, l ayers started at 5/, and advanced another threepence, but holders asked 5/8. Du.iiig Hie past six months the E'slipse Company, Thames, won bullion worth. £1,987 11/, but crushing c.pernl’uiis xvere hampered for want c.f water. The amount expended upon wages was £ 1,142. • The half-yearly meeting of shareholders in New XVhau Company lapsed for want of a quorum. The accounts

showed a credit balance at date of audit of £92 19/6. Buyers came in this week for Tara nr Creek shares during the week at 7d, but no sales resulted. The returns from the Waihi Company this month was £21,545 from 7,444 tons, bringing up the total output to date, to £ 1,301,417, out of which £508,500 has been paid in dividends.' Sentenced to death! the doomed man stands, To die in prime of life, * No shade of hope, no outstretched hands r No friend except his wife; She heeded not the doctor’s voice, .“His cough would kill him sure,” She saved his life, and did rejoice. With Woods’ Great Peppermint Cure. Clarke’s B 41 Pills are warranted to cure Gravel, Pains in the back, and all kindred complaints. Free from Mercury. Established upwards of 30 years. In boxes 4s 6d each, of all Chemists and Patent Medicine Vendors throughout the World. Proprietors, The Lincoln and Midland Counties Drug Company, Lincoln England.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP19000609.2.28

Bibliographic details

New Zealand Graphic, Volume XXIV, Issue XXIII, 9 June 1900, Page 1072

Word Count
670

Exchange Notes. New Zealand Graphic, Volume XXIV, Issue XXIII, 9 June 1900, Page 1072

Exchange Notes. New Zealand Graphic, Volume XXIV, Issue XXIII, 9 June 1900, Page 1072

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