MINING NEWS.

Dominion, Volume 3, Issue 659, 9 November 1909, Page 8

MINING NEWS.

•i : .WELLINGTON MINING MABKET..- - ; 0 Very lew sales were . made yesterday, the 0 ' noticeable feature of the market being the. V firmer tondency of Talismans. Tho day's sales' were aa under:— Dixon Consolidated. Bd., (second call) Talisman, £2 12s. (first call), £2.125.. (second; . call). ■Waihi Grand Junction, £2 3s. 9d., : £2' 3s. :, '9d ! 1 (third call). . • '- . Eoss Goldflelds,' Is. Gd. (first cali). ; d .QUOTATIONS : 9 The.latcst quotations, with last recorded sales : t. were as under:— . ( )f > . ' Bayers. Sellers. Sales.')t *' v • £6. d. £B- d- £ b ' e-: Dixon Consolidated 0/0 73 -0 0 9 •' 0 O S vi. Golden-Belt ,0 1 0 . 0.1 2 % •e Kuranni .Caledonian .... 0 r3" ' 'I to' ,May.. Queen 0. 4 1 : ' ■— . : Kins ill--. ■>

Z. Crown O S 6 - — — !W Sylvia 0 411 0 5 0 — d • Hanraki 1 . 0 2 J >yal' Oak .01.6'—— ..ton 0.1 5 — — lirua Broken Hills ... 0 1 J 0 15 — disman, ; 2 11-'9 212 0 212 0 aihi : 917 0 917 ' 6 . -.. alhi Extended — , 0.3.3 — aihi'Grand Junction 2 3 9 2 4 0 2 J 9 aiotahi ; o 5. 0 — aitangl . 0 3' 7 0 3 8 ' — atchman 02 9 02 10 — , in. Goldfields 016 10 017 6 ■ ■ogress 012 0..; 012 6 338 Goldfields 011 9 -0 12-6:. 011 6 ■ The Stock Exchange received the ■■■' llowing telegram" yesterday':—Progress battery, ■' > clean up, cyaiiided 1735 tons, yielding £732. ealth . ; of' Nations milled 1500 tons, yielding !lll,:cyanided 830 tons, £456. Blackwater.-3160 ' ins. .'.yielding . £6978, cyanided ..■ 2015. tons, value LC67. :■ 'j,".;"" STOCK EXCHANGE. (By Telegraph—Press Association.) ; ; Auckland, November 8. Business done at' this .morning's ■ call ol'tho' ;ock Exchange included:— ■ ,■ -. ■' ■■■■■■ Waiotahi, 4s. lid. Mav Queen, 4s. 2d. Saxon,- Is. 9d. Komata. Beefs,'sld Talisman,: 525. 3d. Grand Junction, 445. 9d„'44s. Sd, The following business was done at the afterDon call to-day:— Halcyon, 3d. ■ May Queen, - 4s. 2d., 4s. 3d. Old Alburnia (paid up), 2s. Old Alburnia (con.), Is. 9d, .:. Southern Qucon, t}d. ' Waiotahii 45.: lid., ss. ■ Watchman, 2s. lid., 3b. ■ New Sylvia, ss. 3d. . Talisman Consolidated, 525. 3d.," 525. 6d. Waihi, 1995. 6d. . . ■ Waihi Grand Junction, 445. 6d. Missouri Mines, ljd. Northern Steam (con.), 6s. 2d. " \ ■ Northern Steam (paid), -12s. <d;-. ; . TALISMAN BETUKN. . PBOGRESS AT LEVELS 12 AND 11. The following tele.pram was received to-day by le Wellington Stock Exchange from the Talis- . lan Consolidated Co., Karangahake:—"Have forarded following cablegram:—Number 12 level orth, progress 18ft., ■ width of reef 54 inohes, ssays value 38s. Number 13 level, driving north n branch vein, progress 43ft.. from 144 to 158 ft.. eef averages 3ft., assay value £6 135., from IES j 187 ft., values low, Shaft is.down 468 ft-; sinklg has. been resumed. October return: Crushed M 0 tons, yielding bullion valued at £18.605 sb. i. Costs,.39s. Bd. per ton. made up aB follow:— levclopment lis. Id.; mining 13s. 7d„ milling 135., eneral 25." . . '■ THAMES'BEEP..LEVELS. ' (By-Telegraph.—Special Correspondent.) Auckland, November'B. There should-be little delay now in getting verything settled bo . as to enable a start to le made with the work of driving the tunnel ran the bottom of the Thames Queen of Beaut? haft- to test the Thames goldfield at a depth if IOOOft. . The Under-Secretary . for Mines ■ has orwarded the following letter to the secretary if the Thames'deep levels committee; (Mr. J. B. iheath).— '.. • "Beferring to .your, letter of the 11th' ultimo, !■ have, .to .state that the. amendments '• proposed >y your committee in the draft agreement in connection with the subsidy in aid of inspectng the Thames Deep Levels have been duly conliaered,' and 1 am directed to state, that there are 10 objections to the nicotines-of the board leing held in Auckland, nor to the other !iuglestionß made by. your commlttec, excepting ;hat Clause .18, which provides for,the refund >f the amount of the subsidy of ' payable" cold s found, must, be maintained. . The , deed of igreement as amended ..has , been forwarded to •he Crown Solicitor at Auckland for execution >y the several companies who are parties there:o." '• :■ . Notices were at .once dispatched, to the offices )f the various companies interested, notifying [.hem that" the' deed is- awaiting signature ol directors, and in some, instances,- meetings ; of iirectort were • promptly called for this afternoon. '