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Exchange Not es .

Waihi Company pay another £40,000 in dividends in September, making £.120,000 for the eight months of 1900.

Auckland Gas, old issue, were in demand at £l3 7/6, and new at £ll 5/. Gisborne Gas were wanted at 37/ ex div.

The total dividends declared by the, Waihi Company now amount to £ 588,000.

Colonial Sugar shares were inquired for during the week at £4O.

Waihi Extended shares sold up to l.'T during the week. Another parcel of thirty tons of concentrates from the Monowai mines, Waiotno, is ready for shipment to Dapto, N.S.W., for treatment. Three tribute parties in the Victoria mine crushed 5 loads of orc and eight pounds of specimen stone for bullion worth £43.

Tn dredging stocks the following sales were reported:—Central Electric, £2 12/; Gohl Queen, 32/6, 33/6, 34/, and 34/6; Hartley and Riley, £7 17/8,

£7 18/, £B, and £7 19/; Manuherikia, £4 18/ and £4 19/; Perseverance, £5 and £4 17/6; Second Magnetic, £1 10/6; Upper Magnetic, 19/; Vincent, £2 15/. Vigorous development work is proceeding at- the Talisman Consolidated Company’s mines. Buyers of Bank of New Zealand shares advanced their offers from 3/ to 8/ during the week, but no sales resulted. Coal stocks firmed slightly, Westports being - wanted at 77/, Taupiris 19/3, and Hikurangis at 8/. In high-priced stocks Waihi buyers firmed up to £lO 5/, Waiotahis were wanted at 25/, Crowns nt 12/3. and Talisman Consolidated shares sold at 9/. Sales of D.S.C. shares were made at 8/6, at which figure further lines were wanted. Waitekauri Gold Mining Company dividend tof £ 10,500 was paid this week. The return from the Kauri Freeholds Gold Estates mines at Opitonui for the past month’s operations was £2203, being the product of 1498 tons of ore. This brings up the total output to £32,419, for which 25,869 tons of ore were treated. A parcel of 4401 bs of picked stone, taken from between the, Nos. 5 and 6 levels in the. Royal Oak mine, has just been treated for a return of bullion worth £437 10/4. A leader six inches wide has been cut in the Imperial mine, Karangahake. It is composed of a rich vein of quartz, and gold was freely seen in the ore. Good accounts are received from the Kapowai mine, Gumtown. The reef is 21 to 3 feet wide, and gold can be seen distributed, through the quartz.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP19000901.2.26

Bibliographic details

New Zealand Graphic, Volume XXV, Issue IX, 1 September 1900, Page 392

Word Count
399

Exchange Notes. New Zealand Graphic, Volume XXV, Issue IX, 1 September 1900, Page 392

Exchange Notes. New Zealand Graphic, Volume XXV, Issue IX, 1 September 1900, Page 392

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