COMMERCIAL

Dominion, Volume 2, Issue 575, 2 August 1909, Page 8

COMMERCIAL

' THE SIIAKE JIARKET. At the sitting of the Exchange on Saturday sales ivero reported of New Zealand Insurance at .£3 1a,., and'Westport Coal at .£8 Ids. Gd. Hid Quotation's , were , few. Bank of New Zealand, buyers £9 2«. 6(1., sellers .£9 3s. 6d.; Nationnl Bnnk, sellers £i> B*.; Wellington Investment, sellers Us. 9d.; Christchureh Gas, buyers J!9 55.; Folding Ga», bnyeis £1 Os. Sd.; Napier' Gas, sellers Zealand ■Insurance,' buyers J!3 Mbspiel 'Woollen, buycM £2 13>.. Gd.; Wellington Woollen, sel-' lers £3 Is.; Westport. Coal, selleis .£0 IGs.; Weitport-StocUton, buyers. Tβ. '3d.,' sellers 8s; Loyland-O'Brien Timber!'sellers .CI 2s. 3d. * The ooiirie of sales during the past month was as follows,:— >'»,. \t Bank of Now "/calaii'dl '£9'25.".6d, £i 3s. 64. National Bank, £5 Vis/ South 3ritish, £2 10-;.' New ZbalsJul Insurance, £3 18a. New Zealand and Kivor Plate, £1 15e. Wellington Trust and Loan, '£6 17s. 6d., £6 17a 6d. '

~"Wellington : Iny'estme'ht,; 125., 12a'. ; • \ ' Palmeraton'North Gas, £7 15a. '..' ■'•■ ; Gear Meat'(£4'paid), 1 .£10;5a:: •■ . . -'-;•.,:," .GearMeaf (20s. paid), £2.125: 6ii., '£2 lZe. 6d. : Now Zealand .'Shipping; £6 17a ■ 9d., £6 18s.. £6 18s,'6d;--.',.'./,-,V:ii, -~,■,., . ;. ...,,-.: ...... .-■ j -. '■'■''TJnioti'-St(!a'm,'''£iM4a; uo ':' .."-.'•■'■ r'. . . ''.• iVWellirigton .Wpollen|-£3,-JE3." ; '.: . .',",. : ,-'. , Westpprt ,Ooal,-;£6 14a. 6d.,.'£f -Us.'- 6d. . ; ■-.: ■:■:■■■'. ~;..Taupiri^CDaU2l)3i.6(l.:i: '■%': \ ; ■■ ■/ ■• v ■ ■. •■;.■•.;.-..;.- V. "■Westport. Stockton,'sel'9d.; 11,.. 6s. ,6d., 63. 6d; t '6a- ! -9d.,-■7e.,..7e.-.3d., 7s. 5d.; 73. 6d.,, Ba., Bs.. , .'.■ -,-, 'New Zealand Portland Ccment,'"£2 Iβ." '.'■'■'■ :-. Sharland'e-ordinary/20s:, 21b. 215., 3d. '::'•'. ; 225.,-223.;:' ■ ■;-' ■;■ .\ ■;■■■:; \: J-\-'.D.l.O.,'Preference, ;213.-,9d.;-' l -V;. -, ■' ■-.Taranaki;Petroleum,:7s. 6d.v-:.*"!;■■ ,■■:.■ ,".New: Zealand :Brugs;-'.463. .9d.,"475. , "• .. : - yWatd,fmd 0p,,>:£4;;153:>:'.■-»..' /..•:;. ;'■■ J. ) "■:.• !cf^^E;MiNiiw;;MAEKET';;:;-^ ':; ;Si'fairvnuirißor p'iVsales we'ro recorded'.'wi'S'atV^-'" ■ "/*'"£-; ' ■V , " :l ■" '■■■■■< Sa> ; ■'■ ''■ ;]3,Eiirariuri ; Ga,led.6hian;'2s. 4Jdl ':'.-■■'■.■.-.' ■'>:■-.■ .' .^!Maoi-iLind;'it)Sd:./=,i(iid;.'.:: ■v< ;:;*••:: . ■ ■t"V- , v ; :: . '' ■ ; < v. ;»Old'rHaii«iiWi-'l!f.!?ili-'.iv ■■■.>■!'":'■' '■ ':"-. .: Pridevof: 'Waihvae.i3ld.,''-two i'mbhths. '<■■'■■ - '■■ ■Eoyal 'Oak;"4».-.5d: ,Ws. one month). ■'■■ . . ,:."Saxon; , 2s. L , sd. (2s; sd: flvo week's).' •,::.-. ■ j ■~-Talißman,«£2:Mß3.v3d.. on:.''Chango.., . •'- :", : oh-VOhanKo'.-.?! ■.'■'.'.,"!, ''V' i "-C0n:;.G01(15e1d5,.'253,,-235., ,235.V.,;.;/ , ",; ■'■://;";;, ■■: The.'.ciuotatiohs, villi .the' ln'st-recorded spot ■ Mlcsy^veM'as'^mler:— i'.~:];f'vv '>-;y : ' ;: '•■':■ ;-.V.. ; '■ ■-':;■"■- .■i",; '}' ; 'Buyers. •' '.'Sellers'. •''• Sales' ■:.VH'' ;^:v;V- ■:!;■-■' -V','-■■■;•'* e.d. ■■:-£ s.d.'.. :, '",''£'a;d.Bendigo' 0.0 -7J : 6 ?o■■■? '-~',—■ s . .Con::- Goldfields' 3 '"0 -.1 ;3' : C -13 0 ' Dixpn- Consolidated -...-'>--. -:'■ 0-1 Vl i■:■ —;,.' ■Ddininion-. 1 .'.-.■.■.;...:.../......'.; Vo■o 10 . 0 ,0111 '.'• — : -' .lKuranul!^.iv... , ..;^..,;;:i;:.'(o' l l--6i v: O,UV:YJ ''- ■' 'Kuranui'JQalcU>hiari■;■'..".o ;2' '4 :-:'0-;-2.'5 '-^Oiz' «'' iHft*.'..O)iß«!n- .■.'«',2 oi/6; sMaoriliind,"...::.-.":.'.::;.".;.'.:'. , 0 lQ'.-. p'i 0-y';-'; 0 0 104 Mountaini Kin8....;..':..i:.-:0 IU. " b'. 2 : o'■' 1"— -. N.Z;:iGr'own-'i .. , ..i:.;;;;::a.;. : - , 0-.'7'.'-0 ! -0. !'■'■■ J- ; o' 7 2 : •New:-Bylvia'-- : ..ii;.'.".;....;.;;-- 0 311 '/o'/4 -0 •:/'—: Eelaince- 0; 0'.;7 ; ■:■■'•:■"—. : > ;j:: : ;. — s Old.'.■-ilaura'KH.';i'.:.'::. , :.-ii::v0;I-' S'■?; iM , ,'—'^'- • ro 'l'.9'' 1 -''i'.pv :-- ;Eplian6o:y;.;-::;::;:iv:i.;i:;;viT0c0:'7 : -M : Si—-'•■, lEajraiaiKs:;;.;..^i;.;ir:yo:;s'ii-i;'b'V4'-'6 ■'-;)0 : 4. s■: : :Vo! i: 2'-''.6;' 1 ; 0 '25 ;< a , airaarßr6keh i, nillsl:v'io-:':2v»7'f>!n , 2 -0-:'--. :-' : ' }T4Hsrtaff;U;V;::S-X i ;V.V.:.V4S2•Iβ; :X A2;IB :9'i',',i 18:3 ; ■ ;Wailii..C6iisolidated.,,':.:-'0"5:.6;.",' , '0 ; 5'.9 ='"— •." .jWnihl:'Extended l - ;;;,■.■.'.: : !,0/7"8: ! '-,'0 v ' 1 7.■it'-:'--WaihiiQrahd' Junction : ii 13; 0 ■'' 2-i't. 0' ;, .■. ; ■— -■■■■■:. vWaio;tivhivaw;:;::^^.:-0; i 7,i0; , >0 ? .7"ir.; ; 0"'7'9' ;WaHanji: : 3 i.7'.':>'i)i:'3-'loi-;"'-'.' —■"'■. ;y*^^an;j!;i;;^<^.-...;?i:;2<6//....ef2i;7T j^Tliislc'ourse^pr-sa'iesVfdr^pronipt^^ Jiiigrithei.past;'tnonth ."isjas; jjuder~:',Ti- ;.\v. [■._■ ; V i^:: 'v^vv' ;; 4^ :i:: '- : ' :; '^ : ' ; ' ; irt(Jon^iiß6ldnelds; ; S3dr i Li-I|so2d.::^a.s. ! iSd.-;--i9a;?.'l9s:V 6d£i9s: ■ 6d.;-i9s.' 9d. !20».,.^ s ;^2oj-6d^3i:j6d:;-2o s :; 225. iM,;.:.;2l«^'9d;r-223.V:235./2Js.' > sas: ,, .'.-.r'--:r--.',y.'-Vv':.-..-.,- , .- i-TBiion;'Poilsolidated;,;iod.v, : loid., lid.,- lid. , ,' , 'llld '• ■«iJittlcypD,v;sd;'i'V ■: ■.■"..,i,i.;j :..-;,.■ «:-Hartley:'iand:vEile>, : >23B. : '4l'd..^ : J :.''■';'■'■ ■'.';' "-; ';?Kurßnut,\\lsVMvHß;'.6d.;-l s ;;J!idSi'>!-iW:* ■''i : - '■'■ ii^^W-as.HWi.^^if2s:: 6id;;'2B;v6d.VJ2s;r2d,, ; "2si;'4d f-.<|^^,^^^;^i^v!^-^?-i^^ d .-:' 2 fi rvKariinealmKe7f;iß X2Jd?v-: ; Av '■■■ ;^ray.; ftueen;M.'6d.;'; 6d^ls. '• 6di; >'i&6s£: 3s. JW^SKlM.;v.«s,?ldi-v6£vlWi: : 69:^66:-'ia;^3l ! 2u . 1 /^:'^:''.■;'.'.■'' .';!Mapnland 1 -;13.--..-4d.iMSi M:, 'Iβ.•'■'M:;- ; Is ?' 3d : t:N.Z«;dr6jni;-: , 7s' ''IA~ f-jNgatiawa:,: r:SJcl.;:^Sd.:■ •... : '■■ ■ .'■;'■■•" ;■' {^ew.3V,1p1nd;,(93,: ; 3d; ; : paid);' 7s'. , f3d.; l '-7e.' "3dl. 7 S . ii' ■ IS. ~ j)Q.* i ;,V!'y' i - 'f'.'l '.'■■'•'■■r- '■ •■■!■ -''-.•."■-'i. , ' 1H '-.'.\\-' •'.■;' i' - .-.',: 'J i' •-■;?' '■:New?S^tßiver&sl^,((Sdv;62s/ : ■,;/.:" v.i Old A *lb.nriiia, I S s -:"*:-•• v>;'f\' ; ' ft.vOld;HaltraKi;vlai r 9.diV:- <:■;>■;■ ■.:?;,« ! ;-':Prbgi , 63s; ; :l33?' J 6u".,r133. l -?d^ ,; ;^^ : '* • )•• - '■.- .".'• KEejiaqce^ed:;.^.,^: l^--''''^, ' ■'''*' '""'S oW,iii23VMd;;. 6d V :4:^4!.:'43 • #'4,'--5d •'■ 4s: is' •Bβ ,4a aaiiSSiPlPi ; i , aion ; arohJvsd v;< i 1 :?-;.'fe^iv' - :;L, ':'•• ■ ■^«Si : Bani.-/53s"> ; Sdiits6a.:- ' ; 53s' '52a : IHiSill ;^lfei^^3^ d -^ : |fff^d|f^;M^:l^ U^ i »%^^^d':^JiVr6^i'Si! : ;^'-ii^v ; -:': < :: , •,Watohaan;.,2s.-'-M.V-25 , .''2d.' 1, -'2's' '■ '2s" : ■ ?«'■ '■ •>„ t>. '

'in^r^ '^ Pifa r- S lf«i," tions,;or-,the,Empire..'vCana(la,"and Argentina

;■ V". .'6:''.": Canada Z7,425,401 : J'13,634,655 ' ■"■ South Africa .. 13,547,762. 'i? dm 13,477,595' .v Mexico '12.874 254 r Australasia j, 3 ™! 1 11.80,580 1 "■ Uislß '9.455,525 • ■■■•". i?l?W . '6,676,353 £»" 4,139,200 • ; l-nina •; 3,190,000 • investment .must''.-prove''mutually profit-- ; nolo to the lenders anil the "borrowers.-* The growth;*)! British trade, hasbeeiTgreatly stimulated these. ontside, investments. .-'By investing' capital, in other, lands; the borrowing countries have :been provided with the eredit ; whioh -gave tliom ;t!i(- poiver to purchasa the .foods needed: for, their-: development, and to , increase'., their own, produfctibns Vs'o largely, as torbo.'.nble .to pay. .the. interest ; Aiid profits to tho?'British in ! raw' materials "arid food stuffs, which the manufacturers and : people of Great Britain so greatly 'neud. . AUSMULIAN BANKING. '-Most; of/.the : Australian-' baiiks have "issued' their Reports for..the ,first.;half-:.of 'the year, iand_;these/provide , 'interesting"'reidiiig.;' Aui- ' tralia is now. enjoying a'penpd of prosperity, and this, is! reflected in the . banking figure's. The report-ptj the Commercial- Banking: Com-. ,pariy, of. ; Sydney,/ discloses'a : net profit '.for thev half ,'yedr 0f.',£104,437,; as. compared with' d 590,973 in- th'e.'corresponding half of last year, aud iE7I,SOO in r 1907/:, To'the past half year's ' profits is added ..£41,452, making ian available total of; £145,889. ..The - dividend (at the rate of: 10 per.,.cent.).;.absorbs ,£74,775, ■ the..sum of :v£40,000 ; is, added;.,to-; ;the'. reserve ' fund.- and ,is carried;for.wardl ■' The. half-yearly.-

report of the City Bank of Sydney discloses a net profit of u≥7055 and, with, j≥1953 brought forward; there is nvnilnblc £9008. The dividend (at the rate of 3 pev cent.) absorbs .£6OOO. tho sum of Jiinoo has been added' t,o the reserve fund, leaving .ffiOOS to be carried for- 1 •f aT "; T " e ncoo «»ts of the Bank of AHo.toria for the -half your show a net profit of .£50,605, as-"compared with .JC:»O,39i in tho December half, and with .£50,033 to June, 1908. .Inclusive of the bnlnnce brought forward a sum of J162,G23 is available for ; distribution. Tlie dividend paid is nt tho rate of 5 per cent!, absorbing ,£30,9,i0, the sum of 4310,000 is added to tho officers' provident fund, 'and JC15.G73 is carried forward.' The half-yearly report of the Queensland-National Bank'discloses a profit of. <S4i,lsS, of which,tho sum of ■' i CI9;ISS has :beoir carried to contingency account, leaving divisibleinnccordanco with the bank's scheme of arrangement.

. THE FROZEN JIEAT MARKET. ,'!By .Telegraph.—Press Aasoclatlon.-CoDyrlcht.l : '~;.:' ~ (Re'c. August 1, 5.5 p.m.) . ;•''■'''■ '■ i' ' ■'. ':'•■' London, July 31. Tho Frozen' Meat Trade Association's'Smithfield Market quotations for the under-mentioned classes of frozen meat" , are- actual, salos.of not less' than...one , hundred carcasses of 'mutton or lamb, or twenty-five carcasses of •beef, of fair average*.quality.! v-These quotations ■ arc not for selected- lines, but for pavbels fairly .representative , , of \tho\bulk of the shipments now on the market:— : ; , .•";■ ' ■ '■"' . ■. '. ■:"'.•■■' -' ■■'--■■"": July 25. July 31. Mutton, :. ;-V'.,..'; :. •■■... ( i_ .-. j..■■ ~ ; Canterbury,,light- ..... .'....;215-1G ; 2} . . ■; Canterbury, lnedium -2}■,- 2} ■ C'anterbui^, , .-heavy f ..............; 2J .2}:- ■! Southland '.„....... ..'....'....„.... .'— :■ — ',' ;v North.lsland, best ....;.•'....: \2j:'; ';2J ; '■■■. [..North Island, 0rdinary;,......... 2J ; .2} '.■■'.'Australian,' light ; ...,„.„„....... J25-IG::>2J'•!'•' Australian; ■ he,avy ~.....;;....;.;.; ,'2l-16 *- 21-16 : Kiver IMato, light 2i',i •'..■/aj":; : IrßiverriPlate, heavy ..„.....„.„. 23-10 ■ 23-16. -Lamb— . :■ :■':]■■;<"■;■■■■■. ". ;'':■■;• '.'■' , . '-~■■ :'■','■■ j- Canterbury,;light .:..;...;..;.....(. 31346/, 3j. ;' medium ~:,......... 33-16 ;'E3-iG - 'Canterbury, heavy ..;....-..'.:..'.i.'..'.'3 ;• ••'3.'V ■'■'-■ .'.::'Sau'thlaiid:, , --:.'.;..:......v.;;..:.'....;;;.i.. '•; [: North -■ Tsldrid/! select'ctl,'.■..'•.;..;.'? 3j}V >'■;(; 35-16 .■ y'North Islaiid,. ordinary'....'..;;. 3J' '.■ 3$ '.•"■' ■; "Australian,' bpst: :..^...-;V;,.U./...; t - ; :34 i '^ ! : 3 '-'J"-:' ■ ■.;Australian;'-} fair)/ <^....L.^Z :■; 4 ''.'.' -2£>,/.'.'.•. •' Australian, •inferior ■■;'.'...;.;;..„■..'. 2} : ';''' 2}''■■•- : kßiver: Plate i. ; 'U..;:.: : .,.v::;..;;.:;';:;;;i;.3 ,-:: :.^: .Be'e^V: ■£;•''.':.i >j ■{;■•.• r: :i-/- .: yNew/Zoct'laiid, fores ; ••■-•-"••-*•••••' : 2|'i. ;';.'2}',"/>. :New .Healaud,','hiii(ls ■;.,'.»!■.'..".....,V'4 >.'■■ 3J *; ' .Australian; fores' ;;.;^..1..'.;,;;;...- 29-1G •••.'2J :■ \ lAustraliuny hinds .;..'......'!'.;...-3J :■;'•■: 3} *. '. V :Riyer; : .piate;;.f6res:'.•,.■•••-'••«•■•'»« '■■'2\h ■■*■*$■;>. -* '.: Rover.l'iajte;;;liinds-,....:.,.;.^.:..'-3i' ; ; '-bf •■.' , ; ,;■;■; : :^ ;■!;': MEAT, '..The ; New-S.Zealand ••.Loan-'"'and'.'■..Mercantile' Agency ; Coii>pan'y,;:Ltd., .have receiyed\the:folloiv'ing..;cablegrani ; froni.vtheir':Xondpn'vfibuss,'. under; \Saturday's' date;—'' Frozen.; meat:''Tho '■ • market'. for' : niutton is quiet.; lamb has a'down-, ward tendency, ■and-, for, beef (sides)::. the' mar-,' bob.is;slightly: ;' :' '■':

?.A: ; new. company has, been .v.formed with, a : nominal capital of ,£SOOO divided into 100 000 shares of. Is. • each .to '.ivork' the .'Monte: .Crista c aun„ situated on the . western : boundary-' of tho fßoyal Oak .Mine. ■■■■■:.■, '-v.-. Messrs.; Martin Bros., tributers in the-Albion section' of,the Old; Kapanga Mine, have 7 taken up . an . area ; of 30 acres north of the Old ICananpa. •t ■ r V ?•; J^mes;", owner of 'thej Success'.:' Mine, has obtained'from the block above the slide-a .small, quantity, of 'rich stone showing : strong ; gold. Ho is carrying out a'scheme of development work that is. likely to bring the mine'to tij© iront, ; _An area of 40 acres, at Kuaotunu, on the .Waitara- : Kap(te,' known as the Ha'ndsworth,' lias trcen floated: on 'the Auckland market Ihere are-110,000. shares, of which 40.000 went 'in/inh 1 n ' P i ro!lloters ' P aid }'.P to Gd - The other 100,01)0 shares, were readily taken lip 'at 6d each,-so-all the issue now rank equal, and the company start., with about cash in hand. The. Handsworth has been -worked for some time, by two private owners, who got out a lofr-of gold. Xhcn a low level was started wmch was expected to cut the chute after driving 880 ft. Of.- that distance, 700 ft. iva3 driven when the property v;as acquired bv'the present company. It is intended to continue the level, and also to sink a winze from the upper, workings. • i

For Children". Hackinß Congh at nlpht. Woods Groat Tcppprmint Tiirp, Im (idi.&.CA

MININ|Q!;NEWS.

DREDGING. ■ (By Tclezraph.—l'rcss Association.) v > Dunedin, August 1. ,• Dredging returns i^Mystery.' y ■-Plat;:. 490z; 10dwt.';-MastertoD,:26oz..: i ßd-ivt.;. Ivoputai, 21oz. .4dw't.|;Waikaia,';l7pz/' 10dwt.;'Gehtrah Charlton; IGoz. tidwt.; South 'Wnikaia, 13oz. lldwt.; WaiItalca Queen,il9oz.-'isdwt'. ; ;Moiyn«ux- Hydraulic, lOoz. lUdwt. 'V •, • ■. ; i.-"'.-.'.!; 1 , AUCKLAND STOCK EXCHANGE. (Uy,TelcsraphASpcciai CorrcßDoddent,) i . Auckland, August 1. , v;3fiiiing;sale^:pri-;Saturday^v, i '• Dixon's .Is. ld.y to Is.- 2d.. • Kuranni, ls. 7d. •• '.- .. " '?' . . Kuranui-Calidonian,-25. : ;sd.:^• : May ,Queen," Gs,. 3d.' to Gs. 5d.;. to'vGs. id. to Cs. fid. to' Gs. sdi;';.V;;i-.:' ; ''■] ■: ; : f \ r, ; 'jv. May Queen Extended, : sd; to 6di . ■' New Monowai, llld.. \ v l -'.p.-'p. : New Sylvia,_-Is. to Is. Id. to 4s. :; : PP'':P Old Alburnia,. 2s.' 7d.; to. Ca.' (paid up): -2s. Cd., 2s. 7d. (cont.). . Saxoni' : 2s;'.b'd.i-v -;R »• " ''PiP : . Thames, Is. 2d. ; , V'ictoria,;2s. ;ad.-tq, 2s. Cd. . vj..." Wiuotahi, Ts; lid., Bs.j . to-75. ; lid. - Waitangi, 3s. lQd. .. . y. AVatchman, 25.! Bd.' to'. 25. ; 9d. ' :;V. P-: f Sbutliern Qufee&Vls'ilit to 5Jd. ' If V .)■■■ Mount tfeclian,. Hid.. to.4d';., "Pi-P. .v. Hauraki .freehold, . - -;1' Golden Pah, 5d... .. ..' Old i'.'-' '•'••••• ••«•;••• w: . :'"'Kapaiigi'}r.Btd/V/"i' ; . i .K ':P /.'Royal, Oak,''is.' 63; (paid' up) j 4s. 2d. Ei&i 3s" :od.- : to.'3s.'lid. to ;35.; 9d., to.'4s„ to Tokatoa, 4d. .. • . : ' : "'Pp>, \iPi\'* . 'M-i; Bendigo, Bd. to 'B}d. / * . Mount Wclcome,,. 31d. . .iv«.*■;:;Prido'of Tokatea; 7Jd.to Sd. .:•••; 'v p Cromi,' 7s.- ..2d., -to ■ 75.;3d;-': ■i" ;!;'v! v .Dominion (cont;), lid. to tlld.- ' ■ v Golden ;Belt, 15... 1(1. (paid up); ' 71d-Vi ? 7d (cont.); ;■' ''' ryy.'P■ Karaugahake,'lid. '■ .' • : Koniata Keefs,' Sd. . :.Jr : . Kivikiri, 3d i-'*' : v-#? 1 ;/! V : V;lOld. to lid. ''.V" . Shoiovev, (ilil. V' : : v Si.lre.r'Hill, 4<1.; /y. ' ' Tairua Broken Hills, 2s. 9d.' 'i.'.-,'. U ' \ Tair.ua;Extended; '21d.' J -r p 'Tairua Reefs,{lod.'..'(paid ; up)./ sy ~' Bd.'"'(!cont.j. : Talisman, 595. ■ ■ . ' i Waihi, .£9 lis , Waihi Consolidated, ss. Bd. ■ .■■Wailn-Extended, '7s. lid-"'-:' A ' •' Waihi;.Grand!Junction, 545; 6di'to 53s:C6d. to 545. ;tO;,sUs."6d. ■•" ' 1' ■ _ r . • :>• ■; !,Al6uritnin King (cont.),'-2&' 2d.' to 2s. .■■ ' Handsivorth, is. Id. to is. 4d. New. Waitaia, Is.' Id. ;lo Is-' 2d " I.anigan's Antimony, Cs. • ■V ; ' t-: : t AVAIHI GRAND JUNCI'ION. ■"Waihi Grand Junction Mino supGrintondent has cabled to.;Loudon:--";No.' 5 level, ;ci-osscut north;: ■ Distance . driven, 242ft.;:last' llfti in low,grade ore; have so far not'met with! the fobtw a li."'The 1 crosscut has.- now- pene;trated i the reef for. over. 32ft., .'and theilodo is evidently an immense one. -'■■■"M ■ THE COROIIANDrL TIELD ' The manager of the Hauraki Freehold ivired on Saturday"as follows:—"Twenty pounds spe-" cimens and ,501b. picked stone from the winze;" :Vcry good ore is ; being secured from the 5 winze, .andivsojne' ;it ' ,has beeir classed as' picked stone.;'; .llie .battery resumed' orushing •on'.'tfri-' = - s ,' tliisrproperty, is -held -underi option' .until early next; January, should this prove' to' IM patch it is' the fortunate holder; of jthe option who will gain, -and not tho.present shareholders, as the' terms (supposing that the .property, is .taken), will only.', return, lid. per share to,;.the-.owners: of. the property.. ;■* ?■ ,J n tho Royal Oak Mine,. the!' indication fromtho. ipresent - show ;of . gold ;is that a and' run -has •. l)een discovered. The ' last "^ : .oi"f? . e ? fc ?nsive nature was when! the late Mr;. Holdsworth was in charge, with Mr W H; .Konnerley: as mine, manager, the. value of the. gold secured ,being about This .was/.-obtained north of the' slide, was supposed to- cut oil the gold. -. The present nnd'is south of slide, where the ground is •intact. - Tho winze'; below No. 6 level ,is 'down about 13ft., and the reef averages about 12in in width. • .:. ■■, ■,