MINING NEWS.

Dominion, Volume 3, Issue 655, 4 November 1909, Page 10

MINING NEWS.

WELLINGTON. MINING MARKET. A fair number of sales wcro made yesterday! and tho market may bo expected to' improvo now. that a check-has been placed on forward soiling. Under a new rule of the Wellington .Stock Exchange,' buyers for forward delivery must deposit 20 per cent, of the amount of the purchase. This will prevent. indiscriminate ■ investment on tho part of the financially, weak persons, for it was such speculators who were responsible for tho steady and continuous dcclmo in: values. Tho sales. yesterday were as under:— . : . : ■'•'Now. Sylvia,.4s;:6d. (first call).-4s. 6d. (second call)."" .Tairua'Broken Hills, Is. 4d. (first call).'■:.'■■■ : . : Talisman, £2 10s., £2 10s. (first call).' '.. Waihi .Extended, ss. 3d. (third call)."' ■-■ "' .- , • Waihi Grand Junction, £2 2s. (first call), £2 3s. (second call), £2 3s. 3d., £2 3s. 8d: (third call), i. -Wnitangi, -3s.■ 9d.' (second call),'3s.■■'■Sd. (third call!.: ;::■' ' " ; '"' , Boss'Goldfields, 12s.'6d„ 12a. 6d. (flrat call), '■"'. "'"! .-' : : : ~* ■.:} ".. '■-■?■ 'QUOTATIONS.: ; '%. ... ■■]'■ '.■ ;.'*•'; j :■'.? Tho latest quotations', with last' recorded sales '.were .as under:— '....!_■,■ ■■■~ . , •■■ ' | .. '-..:■'' Buyers.', Sellers. Bales. -1:" ■/.''■■■■.■^'•:- ■■•■■■' , £b. d.",'..,£ s.'.d. ..£ b. a. Dominion ■ ..' 0, 0-3 '.. 00 5 -'' —.• Golden 8e1t...... '.': 01 0. - <■'-.".' Kuranui Caledonian .'.; 0. 1 2' 0 1 4 — May Queen : 0 4 0 " ; 0 4 2 v. -v: Maoriland 0 0 B'oo 10 — Mountain King .'.: — i. : o 1 0 : — Now Sylvia .-.: ;.;. 04 5 04 7 04 6 Baxon ; :0 1 21 0 14 — Tairua Broken Hills ;.. 01 3 0 I' 4 0 14 Talisman 2 9 9 210 0 210 0 Waihi - ..' .1 — . 917 6 —. Waihi Consolidated ... 0 4 7. 0 4 11- — Waihi Extended 0 520 53 05 S Waihi Grand Junction 2 4 0 2 4 3 2 3 8 Waiotahf 0 4 8 0 410 — .Waltangi 0 37 03 80 3 8 Con. GoldQelds 016.6 017 0 < — Boss Goldfleids""."!.'"."!!"- 012 3 ,012 9 012 6 The Wellington Stock Exchanse has been advised that the directors'of the New Big River Company have declared, a dividend of one'ehil- 1 ■ling per share;' payable November 5,- ..-'-, |.i. .'.:,'. '. STOCK EXCHANGE. .>'''.' ' ■■:;■. (By .Telegraph-Press Association!) :_ . ■•''■' ■''■>"■'•'" Auckland, November 3. Business done on the sbaremarket this morning included:—. , . i Alburnia (con.). Is. Bd. and (paid), 2s. |.i Waiotahi, 4s. 9d. . - .. \Royal Oak (con.V.ls. 9d. Talisman; 50s. 6d., 50s. 9d. . Waihi Consolidated; 49. 9d. •■'■ 'Waihi Extended, 3s. Id., 5b.. 2d. Grand Junction, 425.'(d.-to 445. 3d. '' v.iWaitaia, Is. . .'.Sylvia,/4s. 6d. ■~'.•'' ','■'.■■■■■ .'\ Sason, Is. 5d.. '' Watchman, 2s. 6d. •Waihi, 198s. 6d, .v ■■',-' '-■■■' ~ . May Queen,' 45.-3d. . ■ Victoria, Is. 6d.:.... -' - . ; Pour-in-lland, Is. ;'...' ■:'.Ross, Us. 9d..'... ''■■'',' '..Houraki, 2s. , ■ ■'"•' . •>"■"• : Tairua, Golden- Hills, ss: Bd. : .'..Kauri Timher, 15s. 9d. • ; (The following business.was done at the afternoon call-.— ■:...,. 6d.' .. , ' . .' V | (Dixon Consolidated (con.), 9d,' . ' ;:-May Queen, '<s. 2d. . Is.- lOd. . < '■ ■ I'.'Rew Sylvia, 4s. 6d.' Old Alburnia,'is. Bd. •' . ! Saxon, Is. sd. y Waiotahi, 4s. 9d., 4s. Bd. . ■• '-Old. Hauraki,'2s.' ■;;Royal Oak (con.), Is. lOd. ■ ■Golden Bolt (paid), Is. Id;< '■ - ■ ■'■ • ,' -'■Talisman Consolidated, 515., 51s. 3d., 51s.' W. (Waihi, 198s. ......'.... : .;•. Waihi Extended, ss. 4d. ':■ Waihi Grand Junction, 445.'3d., 445., 435. 9d. 44b v New ,Waitaia (paid), Is. 4d., ls. v 3d. . . ■ .Pride of Tokatea. 9d. -■■.-. ■> Tairua Golden Hills, ss.'. 9d:, ss. lOd. ' ..'. '.:jMagnet, (con.), 4Jd. ..'■'Auckland Trams (ordinary),-; 2ls. ,6d.- . •-,. >.'''• ' Dunodln, November 3. ..Stock'Exchange sales:— '" . ■ 'Rise and Shine.. 365. .'"' '.I ''Waihi Extended, ss. sd. . ■:•" ' 'Waihi Grand Junction, 445., 435. 9d.' . ' ' Sales reported:— • ■' ■.; •; Waihi Extended, 55., ss. 2d. ' •iWaihi Grand.- Junction, 435., 455., 445,, 425. 9d. Gold, -16s:;9d. . .. Consolidated,'; 4?s. ",'■'; • ;'■ &/-7d?^ S . v™;, './'■' ;-'"t""\ .'•" r; ,wAmr. .news."■.' (By Tflleßraphr-l're'ss l Asaoclatlon.)., i ;.:'■■■:■•.; . Walhl, November 3." Mr. David) .Ziman visited. Waihi ,to-dav in connection :-with the .Waihi Reefs Consolidated, Ltd., which has., recently .acquired tho : Waihi Consolidated mine, .Tho shafts wore inspected by. a party consisting of Messrs. Onas. Rhodes (managing director), H. P. Barry, Williams; Evans, and D. Ziman. It is understood here that plans of operation have been settled. Progress into, the new reef in the low lovel of the Waihi Extended mine ■ continues. TUe footwall. is not yet to hand. An improvement in the quality of the ore is reported. '■■ An improvement-in the Martha lode in-the Grand Junction :is ~ '■ '•;•'■ " NEW; BIG EIVER RETtmN.'. Iliy Telsc'rapb.—l'rcas Aisociatlon.l ',•'..'• : - Re'efton, Novembor'3. The following is the New Big River return for October:—<6o. tons of stone'. were mined, and crushed for a return of 4410z. 3dwt. of melted gold; 300 tons of. sands havo been, treated by cyanide for 81oz. lldwt. of bullion; total value of the returns (about) £1925. A dividend (No. 18) of one shilling per share has been declared, payable on November,s. '.