THE WEEK.

Thames Star, Volume VI, Issue 1831, 14 November 1874, Page 2

THE WEEK.

The milling items during the weeic have not been without interest. While the speculators are holding on, a3 it were, for times when interest is excited and consequent fluctuations in the market more numerous, many of our mines are rewarding, their possessors with, steady yields. It is at least satisfactory to know this, and the knowledge of it should act as a lever to our hopes and confidence in the place in which we are located. The Manukau return, from the crushing completed last week, took many by pleasant surprise, and as to the pleasantness connected with it, none it is to be reasonably presumed felfc to gratified as did tho shareholders, who hare become the happy possessors individually of £500, while for their further assurance of the mine's wealth, ifc is notified that a balance has been entered to the credit of the company in the bank of £1200. Add to.this the fact that there is a probability of these lucky shareholders becoming the recipisnts of another rich dividend as a Christmas-box, and they arc surely to be accounted ''chosen ones." Th.c Queen of Beauty return was to say the least of it brilliant, and speaks much for the ground on the Waio-Karaka fiat. The shareholders are likely to be in. receipt of a handsome dividend. The Bright Smile is progressing with better prospects than were some little time back deemed to be possessed by this mine. It is not such a long while since that croakers began to prophecy the advent of this mine's decline. But it hasn't. These same croakers are to be found in every community—whether mining or otherwise, and. they are ever ready to pronounce things gloomy. The Bird in Hand trial crushing from the cross-reef has not been satisfactory j by any means, and as far as it has shown, j the reef will not pay for its working. A j lot of ten tons was crushed from which a return of only 11 ounces was obtained. There is nothing to prevent the reef proving payable, however, when further ' prospected. The shareholders of Lowe's tribute have received a nice little sum for their respective interests in the contract which they are working. The return for the last crushing was recorded in last Thursday's issue of the Star, and the '• result of that crushing is that the shareholders (there are only four) have received a dividend of £104 each, and they will probably have another one before Christmas. The Bullion claim at Taupo has been sold, and sold, too, at an absurdly nominal price, if the ground is really worth working. But it would have' I been better to have entirely abandoned the claim than to havo worked (or not worked) it the manner which characterised the previous shareholders. Cloaning up for Northey's (Albion) tribute took place to-day, and the result is exceedingly satisfactory, Erom 50 tons of stuff ; crushed, there have been obtained 150| ounces of amalgam, which is expected to yield 60 or 70 ounces of gold. Since last week's syllabus the following parcels of gold have been lodged in the Bank of New Zealand. The quantities are in melted gold:— Bird-iu-Hand . . . 269 16 Queen of Beauty . . 906 0 Moanatairi . . . 298 0 Kelly's Tribute . . . 23 10 Golden Calf Company . 53 13 Una Tribute . . . 17 15 Inverness Tribute . 60 19 Kuranui Company . . 136 6 Small parcels . . . 100 1 Total . . . 1866 0 The same bank shipped during the week. 3738 ounces for Auckland. As usual there are a number of parcels to come in during this evening, the hour at which the different batteries clean up being too late for Saturday's issue. The principal lodgment will likely be from the Bright Smile, and it should make up the weekly yield to a fair average as times go.