MINING NEWS.

Dominion, Volume 2, Issue 612, 15 September 1909, Page 10

MINING NEWS.

, ■;•■;.■, wklungton ".mining market, .. ' . The market' is.\ory dull, and the interest'of " the'small speculator is being killed, for, rightly ' or wrongly, it is believed that the pricos are > bning manlpulaUjd-on the Auoltltuid Eialitmjo, -4 tm }7pHinj?ton byaK')Ti^ i Tff'^ n ' ng ', v" K \i

ness, that is, they tiro-not themselves speculating to any extent, and their first concern is the interest of their •clients: But.the yellington market is. ruled by Auck.lapd,_apd tho-'local brokers'are powerless.' It is open'to ■: them., however, to combine and. place a representative on-the Auckland- Exchange' to'look; after their interests and furnish them with reliable information. The dull mnrket, witu 'drooping; prices, in nnnsini? a. Rtncltpnine in business, and presently it B w»l taper off*to, nothing. Yesterday several brokers were advised, from Auckland to buy Golden Bolt shares, but Wellington speculators are tired of providing/ the Auckland people with a profitable gamble. At all e\onts very few Golden Belt shares were sold locally. The sales made yeaterdayiweroas.undor:Golden Belt, Is. 2d. (first call). '-V ' . Royal Oak, 3s. (first call). .'. :' Victoria, Is. Bd. (third-call). ■ Waihi Consolidated, 55.. Zd. (first •call). Waihi Grand Junction,' £2 12s. 9d. (first call). Waitangi, 3s. 9d.- (third call). .-. Watchman, 2s. 9d. (third call):. Boss Ooldfields, 16s. (first call), 16a. (third call). QDOTATIONS. , ■ ; The latest quotations, with last recorded sales. - aro S ' IJuvcrs Sellers. Sales. I £a.d. . £a. d. £s. d. Bcndigo ■ 0 0 8 — - Dixon Consolidated 0 0 8 — - Dominion — 0 0 6 G'olden Belt Oil „- . 9* 2 Komata Eeefs ;....•- - S'-J-.? ' ~ Knranui :..■• 01 3 S'J.f.' ~ Kuranui Caledonian ... — 0 111 — May Queen ........ 0 5 8 0 '8.11 - Maoriland 0 1 IS.. 0 1,3 - Saxon .•......'..' 017 0 18 , . - Tairua Broken.Hills ... 0 3 0 0 3 1Talisman .-... : 216 3 216 9' - 'I'angiaro .....-: 00 4 .0 0 .7. - Victoria .............. ;- ■ ' 0 _i. 8... o_l 8 Waihi'Consolidated""".'. 0 5 1 ''-' .0 5 2 Waihi Extended ..— ".-' o'6 0 — ,Waihi Grand Junction ■—■ 212 3 2 12.9 Waiotahi ..;..-............ 0 710' 08 1. - Waitangi .:.-. 0 38 — 0 3 9 Watchman _ 027 029 0 2 9 Oon. Goldfields - 120 - Boss Goldfields . V- 0.16 0 016 0 Copy of wire' received • from the- Ifaoriland .Gold Mining Co. by,the Wellington Stock : Ex-■ change, dtited September 14, 1909:— • "Following wiro received from mine:—Manager this morning Bise on Young New. Zealand reef rich gold-bearing stone still cbming to hand from , rise." : '■■■■'

.- STOCK •EXCHANGE....'. > " .' ■ (By TcloEraph-Pnisa AseoclaUon.l. .■"•'".' Auckland, September. J4. The business done at-the morning call-of. tho share market' includcd-May .Queen, ss. lid.'; Saxon, Is. Bd.; Waiotahi, Is. lOd.r, Watchman,.2s. 9d.; Blackwater, 275. -6i.; Old: Hauraki,,; 3s. ,2d., 3s. 3d.; Maoriland (coii.), Is. 2d.; Grand Junction, 535., 535. 9d.; Hew Zealand. Insurance, 78s. 6d. . ■■■'<. . ■ ■■■. ' Duncdln, Septcmbor 14. Stock Exchange'sales:-E.li'ng.Sun, 35s\; Waihi Extended, 6s. (two sales). , . Sales reported—Talisman Consolidated, Hew;■ Zealan- Drug,: 47s- ': '■•. .'.....-. ■■:■■■ '"' X-;'-- ■'. ,■',■' ..• ", '; ;•• ' DREDGING..-, -~..-; .-.:•.■' ' lßy TclecraDU.—Press Association.) ■•'..'.: "'.■'■' Reofton, September 14. Dredging returns:—Pactolus, No. 1,. 17oz. sdwt. for 261 hours; Pactolus,. No. 2, 250z. 7dwt., for 91 hours. ■ ■