COMPARATIVE DREDGING RETURNS.

Otago Witness, Issue 2892, 18 August 1909, Page 29

COMPARATIVE DREDGING RETURNS.

The following table shows the number of Otago and fouthland dredges at work weekly with th-eir returns, together with the figures for the corresponding periods of 1908, ISO 7, and 1906. Pennyweights and grains ar« omitted in each instance: —

DREDGING RETURNS. During the past week 25 Otago and Southland dredges have reported returns amounting to 6340z 3dwt, or an average of over 250z 7dwt. Two West Coast returns total 440z 19dwt.

DUNEDIN STOCK EXCHANGE

The experiment of ha.ing a third sitting of the Exchange at midday was started last Wednesday, and so far has been found to serve a most useful purpose in bringing members (together rr.ove frequently, and generally facilitating business intercourse. Attention at the extra sitting has been devoted chiefly to Auckland stocks, but. a,ny other stocks are dealt with it desired.

Business has been fairly steady both in investments and in quartz during the past week. Investment shares generally have shown a slight firming tendency. Bank of New Zealands are wanted at £9 3s without sellers. Buyers of National Insurances quoted as high as £1 9s, and sellers have been offering at £1 9s 3d. Standard Insurances changed hands at £1 3s 6d, and are now quoted at buyers £1 3s 3d, without sellers. On Thursday Westport Coals were offered at £6 15s, and yesterday there were buyers at £6 13d. Westport-Stocktons were to be had at 7s 9d, but met with no demand. Buyers- of preference issue D.l.C.'s have advanced to £1 2s, and National Mortgages are on offer at £3. Donaghy's Ropes arc wanted at £1, but there are no declaiccl

sellers. Large issue Milburn Limes are in 1 demand at £1 6s 6d, with sellers holding ! for Is more. Bujors are offering 13s 3d for the small issue, the latest selling quote being 14s. [Sixpence divides buyer and seller of New Zealand Drugs, which dosed en Friday at £2 6s 6d— £2 7s for buyer and seller respectively. New Zealand Papers were inquired for at the improved price of £1 2s on Fi'day morning, and sellers were en th-3 market at £1 2s 6d at the late call. On Tuesday business was repelled in Union Steams at £1 14s l£d, and they were offered at £1 14s 6d on Friday without drawing buyers. Business in Auckland quartz shares has been brisk, and several stocks — particularly Waihi Grand Junctions — have shown considerable fluctuation. Spot sales have been recorded at from £2 14s down to £2 12s 6d on Wednesday, and forward delivery business at from £2 14s (six weeks) on Wednesday to £2 16s (eight weeks) the following day. So far as can be ascertained here, the first section of the Martha reef has evidently been driven through, and the crosscut is now being continued through ande3ite towards the back section. On Friday Junctions closed with buyers at £2 12s 6d and sellers at £2 13s 6d. Talismans have shown a marked decline, and have been dealt in at £2 17s 3d. The best buying offer for tliom on Fiklay was £2 16s 6d at the ' morning call, and the best selling offer £2 17s 6dat midday: May Queens continue firm, and a good many -lots have been sold ,at from -6s 3d to 6s sd. A parcel to be delivered in six weeks' time was disposed of on Friday morning' at 6s Bd. Pride of Wwhis have increased in value, and sales were reported on Wednesday at Is 3d, and yesterday at Is sd. More were wanted at Is 4d. with sellers at Is 6d. The latest quotes for Tairua Broken Hills are — Buyers 3s Id. sellers 3s 3d. Waihis were offered yesterday afternoon at £9 9s 6d, and buyers advanced to £9 Bs. Waihi Consolidateds have been sold at' 5s 6d and 5s 5d during the week, and are now quoted at 5s Id — 5s 6d. Waihi Extendeds brought 7s lOd on Monday, but rose suddenly on Friday, when they were purchased at 8s 3d at the midday call, there ,being a further demand at Id less. In the afternoon, however, they had eased, a little, and changed hands at •8s Id, with more wanted at that price. Waiotahis were sold on Thursday at 7s 2d, but on Friday morning business waa done in them at from 7s 4d to 7s 6d. They also wsre weaker in the afternoon, and closed with buyers at 7s 3d and sellers at 7s 4d. A buying otfer of Is was made for Eurekas at the last call on Friday, but sellers keep to 3s.- Barewoods closed with buyers at 13s 3d and sellers at 15s.

Electrics are* weak, and were offered at 4s 9d, with no -buyer offering more than 3s 9d. Hartleys, which were bought at £1 3s last Saturday, declined to a guinea, on On. Friday morning 9s was offered foi 25 9d without buyers. - Golden' Treasures found a purchaser last Saturday at £1 12s 6d. Yesterday morning 9s was offered for 25 Manuherikias. and a parcel of 50 was on the market at the same price, but the difference in the size of the lots was a bar to business. Buyers of Molyneux HydraHlics have advanced to 3s,- but there are aone of these shares offering. Sellers of Rise and Shines are prepared to quit, at £1 13s 6d, and Rising Suns are wanted at £1 12s 6d. For Sailor's Bend 6s is offered, but' holders want 7s 9d On Friday morning there^ were sellers of Stanley Paracales '• at £1 0s 6d, but buyers would not go above 18s. Roxburgh Amalgamateds were wanted at 6s 3d, and the contributing issue were offered yesterday at the same figure. The opendnur of the week, "as is 'more or less usually the case, heralded a slight easing about the market generally "Waihi Grand Junctions dropped a shade. A sale was effected in them on 'Qhan,ge at 53s 9d, x <and at the close of the day for further lobs N on offer at the eaime figure the best bid made was 52s 6d. Waihi6 have firmed 1 fully 2s dorinig the last few days, there being sellers at £9 12s at the" last callover and no buyers. May Queens were a shade easier. They 'have contributed a good Heal of business of late, and, on Moni day furnished a transaction at 6s 3d. A parcel ;of Wai'hi Extendeds changed hands at 8s 1 3d in the morning. They eased to the' i exrfcenit of Id at troiddsCy, but firmed later to buyers 8s 4d, sellers 8s sd. In commercial i stocks Bank of New Zealand scrip disclosed a firming tendency. The following are Monday's latest quotations, subject to the usual brokerage: — Dredgixg Stocks. Electric Sellers ss. Golden Bed— Sellers 11s. Hartley and Riley— Sellers £1 \s. Island Block— Buyers Is, sellers 2s 6d. No Town Creek — Sellers 12s. Rise and Shine — Sellers £1 13s 6d. Rising Sun — Buyers £1 126 6d. Savior's Bend — Sellers 9s. Stanley Paracale— Sellers £1 Oe 66*. Mining Stocks. Barewood — Buyers 13s 3d, sellers 15s. Pride of Waihi — Buyers Is 4d, sellers le sd. Kuranui Caledonian— Buyers Is lCd, sellers 2s. May Queen — Buyers 6s 2d, sellers 6s 4d. Royal Oak (contrib.)— Sellers 2s lid Consolidated Goldfields— Sellers £1 4a 9d. Tairua Broken Hills— Buyers 3s Id, sellers 3s 3d. Waiihi— Sellers £9 12s. i Waihi Extended— Buyers 8s 4d, sellers 8s sd.

Waihi Grand Junction.— Buyers £2 12s 6d. sellers. £2 13s Bd.

Waiotaihi— Buyers 7s Id, sellers 7s 3d. . August 10. — Waihi Grand Junction, £2 13s 6cf, £2 13s 3d (two parcels); Talisman Consolidated, £2 17s 3d; Waihi Extended, Bs.

Sales Reported. — Waihi Grand Junction, £2 14s, £2 13s 6d ; May Queen, 6s 4d; Waihi Consolidated, 5s sd : Union Steam Ship Company, £1 14s lid. I August 11.— Hartley and Riley, £1 Is; Waihi Grand Junction, £2 13s 3d (~ix weeks forward), £2 14s. Sales Reported.— Talisman, £2 17s 3d; Waiotaki. 7s 3d (two parcels) ; Waihi Grand Junction, £2 13s 3d (two parcel*) ; £2 12s6d, 1 £2 12s 9d (six weeks forward), £2 14^; ; Pride of Waihi, Is 3xl. August 12. — Waihi Grand Junction (eight weeks forward), £2 16s (two parcels), L 2 12s 9d; Waiotahi, 7s 2d. August 13. — May Qiuen fcix week* forward), 6s 8d; Waiotahi 7s 6<l, 7s s<l. 7a Id, 7s fid; Waihi Extended, 8s 3d, 8s Id 'tvo 1 parcels). , Sales reported: May Queen (on" month forward). 6s 6d ;' Waihi Grand Junction, £2 13s, Waihi Extended, 8s; Waiotahi, 7s 4d, 7s sd;- Pride of Waihi. Is sd. August 14 — Fvido of Waihi, le 6d (two paioels); Wdilii lii.tendc4. &s 3d.

August 17.— Pride of Waihi, Is sd ; Waihi | Extended, 8a 3d ; Waihi Grand Junction, 53s 6d ; Kuranoii CaJedonian, 2s; May Queen, 6s 3d. Sales reported: Waihi Grand Junction (six weeks' forward delivery), 55e; Waitarugi, 4s 4d. AUCKLAND STOCK EXCHANGE. CFeom Oub Own Coebespokdent.) AUCKLAND, August - 16. Mining Sales. — Bonanza (oontrib.), lOd ; Dixon's Consolidated (contrib.). 10£ d, lOd ; ' Kuranui Caledonian, 2s ; May Queen, 6s 3d to 6s Id; New Sylvia 4s; Old Aburnia (paid), 2s lOd, 2s 9d ; Saxon, 2s 3d ; Scandinavian, Id to 4d ; Thames, Is Id ; "Vie- j toria, 2s 5d to 2s 2d; Waiotahi, 7s 3d; j Waitangi, 4s Id ; Watchman, 3s Id to 2s i lOd; Ross GoidfieLde, 17s; Hau>raki Freehold, sd ; Old Hauraki, is 7d, Is Bd, Is , 7d: Pride of Tokatea, 8d; Royal Oak (co'mtrib.), 2s Bd, 2s 7d ; Bendogo, 10£ d; Crown, 7s &d to 7s 8d to 7s 6d to 7s 7d to 7s 6d; Dominican, lOd; Kiriktri, sd; Karangahake, Hid; Koma.ta Reefs, 9d; Alaoriland, 3d;- Pride of Waihi, Is 5d to Is 3d; Rising Sun, 8d ; Tairua Broken Hills, 3s 2d to 3s 4d ; Tairua Golden -Hills, 7s 6s lid; Tairua Monarch, 7d to 7±d ; Ta-iruo Reefs, 7£d ,(6d paid) 6£d (oontrib.) ; Talisman, 57s 9d, 575; Waihi ; , £9 lie; Waithi Beach, Hid. lid; WaAi Extended, 8s 4d to 8s 7d to 8s 2d; Waihi Grand Junction, 54s to 53s to 53s 6d to 535; Hansd-wortfc, Is 3d; Mountain King (contrib.), le 8d; New Waiti, Is 6£d, Is sd, Missouri,' 3£d« WELLINGTON STOCK EXCHANGE. (fSOK Ova Own CoaitßsroNDEHx.i WELLINGTON, August 16. The Post says there is an improved mquarr manifest for the better class of investment shares. In the «»«^ gg l P market there is very httte , rs^tl°":r s^ tl °": Them is a steady inquiry on Chang* tor Junctions, but Talisman quotes _ have a. riWhtij easier ring. Sales: T£upm Coal, £1 to 3d; Maoriland, Bid; Wwtaatf, 4s 2id Sales reported: Bank of New Zea, 2nd, £9 ss; Gas ' J^ £18 2s 6d; Taupm Coal, £1 0s 3d, Tairua Reefs, 6|d: Talisman, £2 17a 9d, May Queen, 6s 3d. WAIHI JUNCTION SHARES. LONDON, August?* 15. Buyers, 52s 6d ; sellers 555. • -•

oz. dwt. gr. Mystery Flat,, Waikaia, I37hrs 51 15 0 Rise and Shine No. 1, Clutha River, 127hrs 51 1 0 Otago No. 2, Island Block, week . 48 0 0 Riley's Revival, Cromwell, I23hra 43 0 0 Good Chance, Alexandra ... 37 0 0 Waikaka United No. 1, Waikaka, 132hrs 37 0 0 Muddy Creek, Waikaia, I27hrs 34 17 0 Electric No. 1, Cromwell, 5i days 28 13 0 Rise and Shine No. 2, Clutha River, 137hrs 26 10 0 Koputai, Waikaia, week ... 26 0 0 Sandy Point, Alexandra, ÜBhrs 25 16 0 Enterprise, Aletandra. 132hrs 25 4 0 Masterton, Waikaia, 132hrs ... 21 17 0 Waikaka United No. 2, Waikaka, 125hrs 21 4 0 Molyneux ( Hydraulic. Alexandra, week 20 5 0 Golden Bed, Miller's Flat, week 17 12 0 Golden Treasure, Miller's flat, 136hrs 17 10 0 -Chicago, Alexandra, 127hrs 17 7 0 Waikaia, Waikaia, 130hrs ... 16 11 0 Waikttka Queen, Waikaka, 115hrs 13 11 0 Punt, Clutha River, 130hrs ... 13 0 0 South Waikaia, Waikaia ... 12 7 0 drift, Manuherikia, week . . 11 4 0 Golden Gem, Miller's Flat, 123hrs ID 15 0 Lady Roxburgh, Roxburgh, week . ~ ...... .v . 6 14- 0 Total 634 3 0 The West Coast. Worksop, 120hrs 27 12 0 New Trafalgar, 114hrs ... 17 7 0 Total -. . v. t 4? 19 0

IS 5 11 29 28 26 2S 25 27 33 31 24 31 35 32 22 23 29 25 25 24 30 27 25 28 27 23 27 25 26 28 27 29 suw. Oz. 90 267 797 715 612 663 637 733 822 806 574 94S 874 715 632 634 -751 673 i 830 742 786 650 603 589 706 533 616 656 704 662 641 709 J.WO. Oz. 3 69 14 242 28 955 ' 26 878 24 683 31 930 36 689 32 961 30 973 28 885 29 973 26 993 30 1000 29 947 22 846 25 863 29 858 24 693 27 893 28 782 23 683 28 791 28 704 27 845 31 791 27 714 23 731 26 72-t 31 820 28 830 31 834 30 698 J.»U(. Oz. 3 59 22 559 82 791 34 996 29 798 33 833 34 1083 35 1020 37 1157 31 788 28 748 26 658 31 764 31 716 30 750 33 820 33 801 30 798 35 942 34 811 35 981 30 820 38 942 35 849 36 918 3S ,973 35 1019 - 41*1152 33 968 38 1271 41 1351 - 34 1185 Oz. 8 254 30 991 39 1087 41 1096 38 1072 34 969 40 1179 42 1189 41 1103 37 924 34 »U9 .38 1027 37 1017 41 1172 42 119» 46 JL3OO 44 1170 37 xlso oi d 34 M 979 33 977 31 976 35 1062 • 40 1025 37 015 32 f>4o 36 SSS 34- 823 35 939 37 1071 37 1167 44 1209 21,409 25,331 28,356 32.483

1909. - Oz. 3 101 3 101 3 ioa 6 247 6 145 5 136 6 160 4 91 3 89 7 1746 164 5 155 3' 77 2 63 5 133 3 101 5 162 2 85 5 148 4 180 6 155 6 137 3 90 5 143 6 152 4 116 2 40 4 131 6 158 3 104 5 132 / The Wes 1908. Oz. 2 208 3 182 6 294 3 154 5 192 4 144 1 122 5 144 ' 7 300 7 302 8 191 9 268 4 196 4 162 ' 4 110 5 131 5 192 4 103 4 104 8 254 5 125. 5 104 7 191 7 192 - 6 161 5 180 7 210 6 164 1 7 212 7 303 7 301 3T Coast. 1907. Oz. 2 43 8 381 - • 8 303 8 262' 6 262 7 259 6 269. 6 222 6 233 9 212 8 245 8 253 3 95 5 135 6 209 6 206 10 237 7 265 x 7 224 9 273 6 196 7 213 fi 248- , 8 190 7 146 4 90 4 146 4 80 7 208 4 129 5 158 8 210 1906.' Oz. 2 28 6 254 8 373 8 441 7 252 8 283 10 305 9 «71 9 268 9 973 4 125 8 SBS 8 285 5 192 5 177 6 204 7 a6l 5 149 6 200 7 255 6 200 3 103 6 151 4 97 7 232 3 92 1 4 100 8 382 7 281 9 576 8 - 283 7 287 3991 5896 6607 7601