147

C.—3.

Gold Returns for the Thirteen Lunar Months ending 11th December, 1897.

Summary of Gold Eetuens for the Thirteen Lunar Months ending 11th December, 1897. Total gold won for the year ... ... ... 11,793 oz. 3dwt. Tons owt. qr. lb. Total quartz crushed ... ... ... ... ... 4,275 0 0 0 Total picked stone treated, 4,7781b. ... ... ... 2 2 2 18 Total ore treated ... ... ... 4,277 2 2 18 Average price of gold per ounce ... ... ... ... £3 os. 6'73d. Average yield of gold per ton of ore ... ... ... 2 oz. 15 dwt. 3-48gr. Total value of gold ... ... ... ... ... £35,710 ss. 3d. Expenditure, do. —We have stamped during the year of general quartz 4,275 tons, and treated 2 tons 2 cwt. 2 qr. 18 lb. of picked ores, giving a value of £35,710 ss. 3d., a yield of 2 oz. 15dwt. 3'4Bgr. per ton of ore, realising an average price of £3 os. 6-73 d. per ounce; while our costs for the year have been £25,639 17s. 3d. It would be unnecessary for me to repeat these figures but for the fact that the expenditure includes considerable extraneous costs, which are all included in the expenditure named. We have equipped the Hauraki shaft with a permanent pumping plant, buildings, and renovated our shaft to the 300 ft. level, built a new changing-house for the miners, and made our plant equal to the development of a permanent mine. The same remark will also apply to the Union Beach shaft and section of the company's property, where we have erected a permanent pumping-engine, a pair of winding-engines, an air-compressor with all equipments, and drained the mine to the 180 ft. level, and in a short time I hope to have everything here in full swing. These large items of expenditure have been paid for from our returns, and in the coming year I trust will be a source of great benefit to the company, from the fact that we can now carry on sinking and open up the deeper levels in the Hauraki section. We are also equipped with machinery on the Union Beach to develop that section of the property, which I look upon, on fair development, as a mine in itself.

20—C. 3.

For the Four Weeks. n„„„i.. Picked Q uartz - Stone. B " d | Melted Gold. P n rice P er Gold. Ounce. Amount. Total. Date of period ending— January 9, 1897 Tons. 330 Lb. 7271 Oz. dwt. 2,124 1 Oz. dwt. 325 6 592 4 585 5 618 0 i, £ s. a. 3 13 3 18 3 17 3 16 £ a. 996 4 1,825 19 1,802 1 1,900 7 d. 7 0 7 0 £ s. a. February 6, „ 350 485* 1,337 18 225 7 1,100 1 3 10 3.11 6,524 12 2 687 6 3,359 14 4 8 March 6, „ 300 484 1,343 5 267 12 449 10 613 2 3 0 11 3 0 2 3 0 9| 4,047 1 0 815 1 4 1,352 4 11 1,863 11 5 Aprii 3, „ 4,030 17 8 350 400 1,041 3 530 14 500 10 3 0 2 3 0 2 1,596 10 6 1,505 13 5 May 1, 400 564 1,070 7 3 0 5 3 0 1 3,102 3 11 443 11 ; 618 3 ; 1,339 17 1,857 0 8| 6| May 29, 350 434 1,049 7 239 15 I 406 6 ; 398 14 ; 3 0 10 3 0 7 3 0 8 3,196 18 2 729 4 10 1,230 15 0 1,209 7 10 June 26, „ 3,169 7 8 380 168 712 10 471 9 ; 235 9 ! 3 0 9 3 0 8 1,432 714 0 4 7 0 July 24, 2,146 4 7 350 121 519 0 515 7 I 3 10 1,571 16 4 August 21, „ 300 280 534 2 529 5 I 3 0 9 1,571 16 4 1,607 11 11 September 18, „ 300 300 517 4 511 17 i 2 19 10 1,607 11 11 1,531 5 8 October 16, „ 350 354 617 14 612 18 i 2 18 8 1,531 5 8 1,797 16 10 1,797 13 10 November 13, „ 280 175 557 6 552 0 i 2 19 8 1,646 16 0 December 11, „ 235 285 454 11 450 18 I 1,646 16 0 2 19 4 1,337 13 4 1,337 13 4 Totals (4,275 14,778 11,878 8 11,793 3 35,710 5 3