MINING NEWS.

Dominion, Volume 3, Issue 689, 14 December 1909, Page 10

MINING NEWS.

:, '■'■• WELLINGTON MINING MAKKET. ' : ' A few sales were made yesterday, Taliemans changing hands at as low as £2-2s; Junctions were Bteady, bat Consolidated Goldfielde wore slightly weaker. The day's sales were as under: May Queen, 2s. Bd. (first call).' ■ Old Hauraki, 3s. 2d. (second call), 3s. 3d. (third call). ■■:•■ •■.■■■■■•■■■ ■ ■■ Talisman, £2 3s. 3d. (first call), £2 3s. 6d., £2 3s. (second call), £2 2s. (third call). Waihi,:£9 Mβ. (third call). ; . Waihi Grand Junction, £1 Ms., £1 14s. 3d. (third call). :- - ■■■.■■ ■ • '■■•■• .."• Consolidated Goldfiolds, 17s. 6d. (first call). K033 Goldflelds, 9s. (first call). ; ' • QUOTATIONS. . ■. . The latest quotations, with last recorded sales, wero- as under:—•..-■'.•

•■'..■ ' STOCK EXCHANGE.'. . j, : (By TcleErnph-l'r'css'; Association.) \. ' "."'■"'■ Auckland, December 13. Business done at this morning's call ot: tho Stock Exchange included:—- ■" ' . Kuranui. Bd. - ." ■' . .-. Monowai, 2b. ' i .... •;. .>.-.■• .',' Bylvia, 6s. sd. ■..•..' '■■,'■ Hauraki, 3s. 4d; to 3s. 2d. .;' ;, .: Koyal Oak (con.), Is. 5d., Is. Id. , Crown, ss. 6d., ss. 7d. ■ • ■Golden Belt (paid), 9id. 'Komata Reefs, 5d. , .,. >; - t . '. V "■■ Talisman, 425. 6d.' " .".' ■■'" Grand -Junction, 345. 9d._... . ».', -, Northern Coal, 12s. •■: / ■■; W-.*v . .. Dovonport Steam, 535. Auckland Trams (pref.), 225. . • ■ ! : On tho Stock Exchange .this afternoon the following sales were reported:— New Zealand Crown, ss.' 9d. •' ' • r • Golden Belt (paid), 95d. ' Golden Bolt (con.). sd. Tairua Brokon Hillo, Iβ. 2d. ; Talieman Consolidated, , 425. •,■•■'. AVaihi Grand Junction, 355.' ■. - ; Bonanza, sd. , ■ New Sylvia, sb. sd. •■.■■• •.•■■;■ : Old Alburnia (paid), Is. sd. •. . '•■"■' Waiotahi, ss. . '-: • V ' ', ■ ■Monte Ohristo. 4d. . ; -j' ■-, . •.Old Hauraki, 3s. ;3s. 2d., 3s. .3d., 2s. lid EoyalOak (con.), 15.',3 d.,'. Is. 4d;, Is. 3d. ■ :■ ■• , -Dunodln, December lJ.i ■ Stock.Exchanjto sales:— '■■■.■■, .".■; Golden Bed, 18s. 3d., IBs. 3d. : , Sales reported:—.' ' . ' ■ Old-Hauraki, 3s.'ld. :i ■ • ' Talisman, 445. ■ ■'• --.i • Hartley and Ililey, 15s. 9d. . Waihi Grand Junction, 345. 3d. . MINING SHAKES. '.. '■■::.-■''■■ JBy: Telegraph.—Press Assoeiation.-Copyrieht.) ■.„ - t . '„ V . London, December 12. Waihi Goldmining, buyers £9 7s. 6d., sellers £9 ;. :, ' THAMES DEEP LEVELS. ' "■■ (By TolccrnuU.-Speclnl Uorroioonaent.i ',_■■.••, . '• Auckland, December 13. ; Tho. following resolution was. carried at a meeting • of tUo directors ~of tho May Queen Gold iiinins Company, 'held - to-day:: -rhat, relying upon Clause 8 of the letter,dated July 11, ml, tho. shareholders of this company decided to authorise/ tho ■.increase of. : capital -vto ■ enable the deepening of the shaft to-De proceeded with,-viz;, in,.the ev'ent-of any .mine-owner'or company desiring to/conduct mining operations ironi , the said snaft, stieh mine-owner, or company shall refund to the May Queen; Company an equitable proportion of the sinking cost as may be. derided upon by.ahe iwarden-this company considers that the riuestion of the amount or. amounts to bo refunded to it by any mineowner or. company desirinjr to work from such Bhaft. should be heard and determined by tho warden, but failing an amicable*settlement, by arbitration, which, has already been proposed and is now repeated, .and without prejudice, this coinpayy • will, in order to facilitate a 'settlement, agreo to contribute one-third of tho total QO?t (£JI7B), viz., £1393, leaving £2785 to bo contributed by tho five companies interested— namely, £557 for "each company-this .offer, to remain t open until February 1, and if not accepted by that ■ date tho offer. , will be withdrawn and application.will be.mado by tho lloanataiari Company for an easement, and the question of the equitablo proportion to bo borne by tho Hoanataiari Company will be referred to the warden for adjustment." __Handsworth : TTr.ited.-The . manager of ■ the Handsworth United mine, Kuaotunu, reports that the.south drive at the. low levelis advancing through very good country: Several small ;stringers,are shoeing in-the face, with-small Beams of gold to be seen occasionally. , A star' has bosn made to' drive back north upon the .lead where .it was first met.before getting up to the winze. Good progress is being. made in cleaning up and preparing the Otaroa low level, over 303 ft. having been, cleared np: to tho present, and noit week should £ee this work nearJ u g.completion. . ■ ;.• . . ■ , .., ■',Waihi'Extended.—The manager, of tho Waihi Extended mine reports that during-the past week work ir.' the crosscut off the main south-east level was. suspended, no stone of importance heing met with. Driving on No. 1 lodo was resumed, the south face being advanced 10ft. in mineralised nuartz,-no walls being exposed. In No. 2 drive the. face is up .to within' a few feet of No. 5 winze, but r.o work is b'.tag done there at present, , the men having been.moved into No. 5 winze to complete sinking.. The winze, on-December 7, the dato: of reporting, was down 116 ft., 3ft, of stone showing.

In the spring a young man's fancy ' Lightly turns to thoughts, of love, Truo to Sue, or Jane, or Nancy, ■. -, Through the Summer he may prove; . But in Autumn and grim Winter . He's no use for girls demure, ' : ■•. He gets cold, and tlien his fancy ; Turns to Woods' Great Peppermint Cure. 2

Buyers. Sellcra Sales. '.■■■,. £ s d. £s.,d. £ B.d. Dixon Consolidated ... — '00 6 — Dominion '. — 0 0 3 — Kuranui Caledonian'.... 0 1' 0 " 0 12 — May. Queen — 0 2 9 0. 2 8 Mountain Kins .— 010 — Oldllauraki — 0 3 2 0 3 3 Saxon' : 0 10 0 11:Tairua Broken Hills;.. 0 12 0 13 — Talisman 213 219 2 20 Waihi • 913-0 9146 9140 Waihi Extended '. — -■. 03 6 — Waihi Grand Junction 114 .0 ...114>3 114 3 ■ffaitangi. , :V... ; 0 2 5 0'2-6 rCon. Qoldilclds ..;.;;.;..j;''O1?''0' ; 0 17 '6 0 17 6 ■Kcep-iM%k ti.J'J.xitfXrrir',! .1 6- -O.'V ' (paid) ..:.V., i --:' I ,:'■ 0 '3 6 .. — New'Alpino (con.)' IXi.- ■'-A'''., ; :0 3 0■'.'• — Eoss Goldflelds ;.::.'...:..,'0\9 .0'■'■■ 0. 9-3" 0 9 0