Exchange Notes.

New Zealand Graphic, Volume XXIV, Issue XXIV, 16 June 1900, Page 1144

Exchange Notes.

Standard stocks generally had better demand on the Exchange this week, and several sales were made at advanced rates. Outside Ohinemuri companies there was little inquiry for mining stocks Timber shares had steady demand this week. L.O’B. shares sold at 26/6; Kauri Timber .paid-up. were wanted at 6/ (an advance of 1/), and contributing were sold at 1/8. During the month ending Alay, Auckland exported £39,275 worth of gold. Grevmouth £29,581. Dunedin £37,600. Transactions took place in Devonport Ferry shares at 37/, at which iigure further lines could be placed. The total value of the bullion won to date from the Waitekauri Company’s mines is £260.381 17/. Boring operations have been commenced on the Buller Special Claim. Waihi. The area ugemnts for the sinking of the Waihi Extended Company's shaft have been delayed owing to the inclemency of the weather. Gas, old issue, firmed a little being wanted at £l3 15/; New Plymouth Gas were offered at £7. The Waitaia Company, at Kuao--111111, should have a good future, as 265 tons of ore treated at the Irene Company's battery this month yielded bullion worth £994. D.S.C. shareholders confirmed the resolution arrived at re adding n clause to the articles of association. The Waitekauri G.M. Company’s return was larger than usual this time, as the mills ran 34 days prior to cleaning. The yield was £9087 from 3111 tons. Barrier Reef shares are wanted at 5/3. now that good headway is being made with the battery.

Work has at last been comm need on the ore bodies in the Til imesHauraki Company’s levels, and g> d has been seen which augurs w<ll for the future. Four-in-Hand shares firmed a li tie, being now wanted at 3/. The demand for Alay Queen shares fell off again this week. No shares were offered below 2/6. Tairua Broken Hill shares advanced. sales being made up to 2/6, and there are still firm buyers at 2/4. This is due to reported improved prospects in the mine. Waihi shares are in steady request, at £9 15/, with no sellers below £ 10 2/6. The Waihi Grand Junction's new pump will commence work again shortly. Operations at the “C" shaft, are being actively pushed ahead. Coal shares generally are in favour. Westports could be placed at a little over 71/. Taupiris at 18/, and Hikurangis about 7/. The export of gold from the colony in the past five months of 1900 was 145,371 ounces, value £561.962. The Komata Reefs Company should reach the reef sought for at the low level in a week or two. Shareshave steady buyers at 1/8, but holders ask Buyers of N.Z. Drug shares this week advanced their offers to 53/. A party of tributers working in the Nonpareil mine crushed 12 tons of ore for a return of bullion worth £4l 5/7. Insurance stocks moved upwards this week. New Zealand* sold up to 63/9; buyers of South British advanced to 62/; Standards were wanted at 14/; and Nationals at 17/. Messrs White and party, tributers in the Irene mine at Kuaotunu, have completed a crushing of 134 tons for a return of bullion sold for £354 10/9. This brings the total amount won by the same party during the past 12 months up to £1772 7/7. Tributers in the Moanataiari mine crushed 49 tons of general dirt and 601 b of picked stone for a return valued at £222 14/. During Alay the Kuranui-Cale-donian tributers crushed 71 loads of ore and 17831 b of picked stone for a yield of gold valued at £750 12/. The Alay Que n Company obtained bullion valued at £ 1055 2/7 from 556 tons of ore. Waitekauri shares sold at 57/6. but subsequently buyers dropped off again. Reports from the mine are highly satisfactory.