MINING NEWS.

Dominion, Volume 3, Issue 624, 29 September 1909, Page 10

MINING NEWS.

WELLINGTON MINING MABKET.. A' 1 fair business'was dono- yesterday, Tnirua Broken Hills coming in lor a ■ good deal' of .attention. May Queens were firmer, but Waiotahis wore still weak.Yesterday's sales were as under:— * • May Queen, 55., ss. (second call). ■■•*.' New Sylvia, 4s. *■ IOJd., 4s. lOd. >(first ; call);. 4s. 91d., (second call). • ■'*. ■ Royal. Oak, ; 2a. 3d.'(second call). , 1 Saxon, ,la. 4d.. (third call). Tairua'Broken Hills, 2s. 4d., 2s. 4d.', . 25,: 4d„ 2s; 4d.,'25.- 4d. (first call); Zs. 4d„ 2s. 3Jd„ 2s. 33d. isecond'call). Tairua Golden Hills, ss;' 9d.," (third call).' Talisman, £2 15a. 6d.' (second'call): ' I Waihi, £9 12s. 3d., £9 12s. (third call). ' '• .Waihi Grand Junction, £2 35.-9 d. (third call).' Waiotahi, 's. 4d. (second call). . . . Waiting!,- 3a. sd. (third call). . - • Consolidated Goldfields, 17a., 16s. 9d...'175.' (third call).' QUOTATIONS. ; | . The latest quotations.'with the last 'recordeS sales,' \?ero as under:— X. T Buyers. Sellers, v Sales. W- ' „ £ 6<i - £ «.d. ■'■•£ «.& iDixon Consolidated.o 0 7...-.0 0 9'' — Dominion : 0 0 4 0-0-C-i , —' Kuranui Oil — • — Kiiranui Caledonian ... 0 1 9 ,*. — >May-.Queen . 0,4 10 " 0 s■"o5■"0 ■ .'0• s*.'o ■Maoriland. 0 .1 2 . 0 13" —•*. • gew. Sylvia : 0 4,8 , 0 4 95 '0.-4 SI Royal Oak . 0-2-.3 o 2'! Saxon 0 1. 3 ' 0 1 4J 0 I*4 Tairua.Broken' Hills .;. 0 2 -3 -0 2 c'l'ia •®uriia Golden Hills ... -. _ • * n 5 | wii^ an ! • 2*ls*" 6 '.'.215* 6 waini 9 12 >0 - — Waihi Extended *0 4 8 — Waihi Grand Junction 2 9' 0 2 10 0 2 9 9 Waiotahi 0 3 11 0 4' 0 0 4 4 Waitnngi. _ _♦ n * * Watfchman 0,210 ' 0 3 0 - : Con.j Gojdflelda ;,.* 0 17 3 0 18 0 0 17 0 *..... 010 0 — . _ ,The followiiie Wiro was received on { September SMjy the Wellington Stock Exchauße'from the sioretary of * the Waihi * Extended Gold. Minim? I 1 . v > J; f J' : ] 1 i of-threepence per Bhare made by Waihi Extended Company 1 to*day." ■ :. .. • STOCK EXCHANGE. ; (By .Telegraph—Press Annotation I • , *.",, •' * Auckland, September 20. Business at the first call to-day included— • Kuranui. Is., Id. ' ■ , May. Queen, 4s. lid. Saxon, la. 4d. - , Waiotahi, 4s. 6d..t0 4s. 4d. Consolidated Goldfields, 17s. 6d. to 16s 9d Royal Oak (paid). 2s. 9d.; (con.). 2s. 3d. Golden Belt (paid), Is. ' Karangahakc, 9d. Waihi Consolidated, 4s. 4d. • . Grand Junction, 50s. 6d... 50s. 3d. ■ - ; The following business was done at the after, .noon call:- ' 'Talisman Consolidated, 555. Waihi Consolidated, 4s. 4d. Waihi Extended,: 4s. lOd. ,s; Waihi Gwnd Jun<»loa, 60s. , - ij' Handßßorth, U. lit' ' * ■' . ;

Monte Christo, ssd. ; . i New Zealand Insurance, 78s. 6d. ' South British, 575. J Kauri Timber (con.),. 15b. 9d, t Old" Hauruki, 2s. 5d., 2a.' fid, Ivapanga, 7d.. > '.Crowu, 6b. 10d.-' t 3 " Golden.Orosa, 2d. I- 9d. New Waitekauri, 5d., 4id. • Tairua Broken Hills, 2s. 3d.. I Tairua Golden Hills, 69. 5 -Dixon's Consolidated (cnn.Vßd.' t . ,May'Quoen; 4s.'Bd., 4s. 7d. V New Sylvia, 4s. 9d., 4s. Bd. 5 • Saxon { Is. 3d. ' > , • Scandinavians, 4Jd. Waiotahi, 45., 4s. Id. . ) Watchman,. 2s. 10d.; 25., lid. i Consolidated Goldfields, 17s. fid. 1 'Mount. Welcome (con.), 3d. / . J : : D . , _ • • • , Dunodln, September 28. : Stock Exchange sales:— 'Hercules, lis. talisman Consolidated, '555. 3d, Sales reported j—' • Waihi. Extended, 4f. 7d. J Waihi Grand Junction, 49s 9d. J GOLDEN CROWN PItOSPECTING ASSOCIATION. 1 A meeting of the shareholders of the Golden | Crown .Prospecting Association. Terawhiti, was j held Monday. A very ..satisfactory report on 1 stone obtained from the mino was received from . the Mines Department, and it was decided to nut I in a drivo of a couple of hundred feet. The j work IB to be. started at ; once. [ MINING NOTES. t tTMi airni s' G ?L r,en Kills.—ln tho Tairua Golden ) giua mino the contractors for' the extension-01 tho low level crosscut havo completed 22ft., thus ; Jnp&iag the total.length, of the'tunnel up to i No. 3 level the staff employed during the week has been limited, tho work carried out-being of a varied nature; and things ecnerally are in a forward' state. . Tairua Broken • Hills.—Tho manager of tho Tairua Broken Hills battery, reporting fotf the week ended September 22, states that during the week, working 20 stamps, 120 tons of ore wero , crushed, producing llloz. of hot water squeezed , amalgam, making 5310z.- of squeezed amalgam-in- .. hand. During the week 72 tons of slimes were 1 Placed id the agitators for treatment, while an , additional 40 tons of sands were also undergoing , treatment. , Waihi, Grand Junction.—The south-east crosf-cnt' ! r-iSV Eoynl.rccf. at No. 5 level in tho Waihi iirand Junction mine.is now out over 650 ft. from i sha ft-, and good, progress continues to *be made with the advancement, of tho-drive. Sto- ; ping operationsrhavo beon commenced on tho • ' !i, ' ev el. and from this I6ae : VJB MSSAfr: 5 level> cmhbl! - '■i Wattt&tmdedL-Bepdttine.for tho week ended September 2i. -the • manager: of the .Waihi Extended mine.states- that tho south-east crosscut ■i been.advanced:to 290 ft., a very good class of country having recently been met.with. On i to the north . end, .which has been confined t?f* « no ™i end, -which'has been advanced 30ft, from the crosscut. The reef at this point _ snows-promise of widening out. , Owing to an increase in'itho amount: of .wator'coming from , tae reef, driving on it has'beeti suspended for •• ? time. Driving on No. 2 lode has, however, P ec P, r J es ™ e d.'_and No. 5 winze-has been sunk • to 56ft. below No. 4 level, the reef showing 3ft. ~ In., width,* but. still- of, low grade. . 8 . Consolidated.—-In tho Dixon's Coneoli- , dated mine,. Thames, a further improvement has ; taken, placour the drive on the reef in No. 2 • down on the afternoon of- September >22, ;the stone was found to bo heavily charged with. favourable minerals, ana, altogether worked better. Although no gold was seen, manager tho stone is • good enough to mal&Jgold at any time, and ho \ is getting. several Bamples assayed.