EXPORTS OF GOLD.
Promise of a Record Year.
The return of gold exports for September furnished by the Customs Department show that during the month the colony exported £39,108 worth more gold than during the corresponding month of last year. The nine months of the present year to date, as compared with the corresponding nine months of last year, show an increased value of £174,528. This supports the forecast made in the House by the Minister for Mines, viz., that the returns for the present year would exceed any during the last 26 years, If the present rate of increase is maintained, 'the year’s total will probably be even better than the Minister’s anticipation. Paradoxically it happens that maintenance of the gold output during the balance of the year is dependent on opposing conditions. The most likely handicap to the gold dredges in the south is flooding of the rivers, which may ensue when the sun melts the mountain snow; while, on the other hand; if the warmer weather brings with it drought in the north, the batteries will be hindered by ihe falling of the creeks and loss of motive power. If neither extreme occurs, the outlook is very promising.
The following are the gold exports during last month, to which are appended in parentheses the exports for September of 1900: —Auckland, 17,0280 z, £59,123 (11,0300 z, £38,445 ; Greymouth, 9,884az, £39,538 (8,1540 z, £32,519); Nelson, 2410 z, £965 (2730 z, £1030); Dunedin, 23,8480 z, £95,762 (19,5770 z, £79,339). To last month must be added Blenheim’s export of 770 z worth £3OB, and to September of 1900 must be added—Westport, 1086 oz, £4343, and Hokitika, 17530 z, £7012. Totals September 1901, 51,0780 z, £195,696; September 1900, 41,8730 z, £162,538. Totals for nine monthly period—l9ol, 330,6680 z, £1,275,172; 1900, 254,6290 z, £1,100,644. Tao silver during September came entirely from Auckland, and amountol to 49,0120 z, worth £5735. During September of last year Auckland exported 29.3070 z, worth £3479.
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Greymouth Evening Star, Volume XXXI, 8 October 1901, Page 4
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327EXPORTS OF GOLD. Greymouth Evening Star, Volume XXXI, 8 October 1901, Page 4
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