MINING NEWS.

Dominion, Volume 2, Issue 451, 9 March 1909, Page 8

MINING NEWS.

~ ■"'" m: ■■ J ;. t STOCK' EXCHANGE. '■ (DI TEtEOBIPn— rKESS ASSOCIATION.! ''. '■■«.. 'i ,',,.. -. Dunedin, March 8. Stock Exchange quotations:—Dredging stocks: Alexandra' Eureka,, buyers 2s. 0d.,-sellers 3s. 9d.; Alpine Consols, , sellers 125." 9d.; Central Charlton,' sellers 75.;. Chicago, buyers 6s. 3d.; Electric, sellers ss,'; -Enterprise, buyers 2s. 9d., sellers 3s. 9d.; Golden- Bed, sellers Bs.; Golden Trensufe, sellers'a>l ,, 55.;-Hartley and Eiley, buyers £1, sellers ,£1 is.; Island Block, buyors 25., sellers 35.; Lndy Eqxburgh (contrib.), sellers ss. 3d.;, Manuherikia, buyers 125., sellers jUs.j'Molyneaux Hydraulic, buyers Is. 9d., sellers 2s. 6d.; Mystery Flat, sellers ill lCs.; Notown. Creek, buyers 10s.; Otago, sellers ,£1 55.; Eise and Shine, buyers £1 125., sellers .£1 145.; Rising Sun, sellers £1 55.; Sailor's Bend, buyers 11s. 6d., sellers 13s. 9d.; Stanley Paracale, sel'lers" 4s.'Gd. : f(prem;)-••'• . : ...NEW.ALPINE MINE... ■ ■-.•.' (HI TELEGHAPH—PRESS ASSOCIATION.) , ; ■ ' i Greymouth) March 8. The new Alpine mine has started crushing to-day with 15 heads of stampers. The water supply is rathor scarce, through the creek being low, , consequent on the continued dry weather. < <

'~,-/;r ;.; • TALISMAN EETUENS.. '. (BY TKLKGBII-U—I'BESS ASSOCIATION.) ■'" ■ ,' ' : '. ■:. , ,;' , Auckland, March 8. ■ During" the, niohth. of ".February the . Talisman Consolidated' crushed 385G tons for a return of bullion valued at i£17,088 10s. 9d. The costs for the month were 375., made up as follow :— Mine development, Bs. lid.; mining, 13s. 2d.; milling, ,13s. j general, Is. lid. The return is the-highest for three months, also exceeding that for February, 1908 (=£16,662 from 3638 tons). The total output from the mine to date is 13s. Id., and tho total dividends, .£273,750. ...

■■-•■ WATER-POWER REGULATIONS. V Hokitika, March 8. '"•'"'The 'hori. secretary >to the Aroha Syndicate wishes a correction made to the press telegram sent out on Friday night to the effect' that persistent refusal hns been made by the Mines Department to pass the- water-power regulations. He stated that the Government never refused, and only on March 4 a telegram was received from the Minister for Mines that the regulations were under consideration. The ,has not made any- complaint in the matter],■ and ; is' quite content to await the Government decision in the matter. The subject, is ,of special importance iu this district, where eeveral schemes affecting highly-promis-ing hydraulic mining developments are afoot. When power rights are. granted they will lead to a great forward movement in mining in Westland, and. it is hoped, for a return of tho prosperity which marked the early days of the West Coast. , MINING SHARES. (BY TEIEaKIPII— 1M1E33 ASSOCIATION- COFYRtOHT.I London* . March 7. Waihi Gold JtiniDg sliaros are quoted; Buyers £3 lUs. 3d., sellers £8 18s. Od.