MINING NEWS.

Dominion, Volume 3, Issue 692, 17 December 1909, Page 10

MINING NEWS.

';. '. : '. WEIiUNQTON MINING MiVRKET. : . Eather better 'business- than usual was' done yesterday, as tho following record of srileß will 'showirv .-•' ' Kuranul Caledonian, Is. • Id. (second call). 'OldHauraki, 3s. 6d. (first call), 3s. Bd..(second' call). ■-,::■;■■':■■!.'■. •'•':'• ■.'.■•■"•, ! .'■■.';■■:.•:•;. ■■■■. -> > - " , ' Talisman,' 435., 425. 9d., 42s. ■■' 6d. (first call! 4Zs. 3d. (second call).•-.-,:■ . ...,:,-"• . Waihl, £9 13s;' (first call). Waitangi, 25.V6d., ,2s. ,6d. (second call),'2s, $* (third call). ' '. . ~-,: , > ; .-..•'. . :Con.- aoldfields, 17s.- 9d., 17s. 10Jd., IBs./(first ■caU),'l7B.9d.;,'(9econd. call). ~:.. !," t . V,,? 01^!^ 1 ? 1110 „<paid), ,Ib. ii. (aecond call), 'lY 7id. (third ca11)..:- : .. '.:"'

Itoss Goldfields, 9a. 3d. (first call), 95., 9s. 3d. (third call).' Muddy Terrace, 30s. (first call). QUOTATIONS. Tho latest quotations, with last recorded sales, were as under:— Buyers. . Sellers. . Sales. '„. ' ~,' . £sd. £i.. d. ' £ s.d. Discn Consolidated ... .— 0 0 6 — Dominion .' — 0 0 3 — Kuranui ....,..; 0 0 8 0 10 — Kuramii Caledonian ...0 10 0 12 Oil ii-ny Queen 0 2 9 0 211 — N.ii. Crown 0 6 0 — — New Sylvia 0 5 6 — — Old Hauraki 036037 038 baxon o 10 0 12 — Tairua Broken Hills .... 0 10. 0 12 ■■ - Talisman ..- -.2-2 6 — .'.2 2 3 Tangiaro \. 01 1 •— —. Waihi Grand Junction 114 6 115 3 — Waitangi 025 027 0 26 Con. Goldflolds • ..:... 017 6 0 n 0 017 9 New Alpine (paid) — 0 1 9 0 174 Progress '. 012 0* — .;'■ _ Koss Goldfields 0 8 9 0 9 6 0 9 3 M « dd y Terrace :..:... - 19 0' 110 0 iUo Wellington Stock Exchange yesterday received, the following by telegram :-"Manager's report, New Alpine, for week ended December 14:. No. 14 level extended 23ft.; total, distanco driven by contractors. SOft.; total north crosßcut,, 440 ft.; nothing, of value shown in'ground coming away from overhead; beliovo must bo stone close overhead, might prove to he north ox winze block striking ■ north very flat.'"

: ,i; STOCK EXCHANGE. , (By Tglecrapb—Press Association.! ■ J. ' '' ■ ' Auckland, December 16. ;■ On the Stock Exchange to-day tho ■ following business was done:— •Kuranui, lOd. ' '." . : Kuranui Caledonian, Is.-2d." Sylvia, ss. 6d., ss. 7d. Alburnia (paid), Is. lCd. Alburnia (con.), Is. sd. Waitangi,' 2s. 6d. • Hauraki, 3s. Bd., 3s. 9d. • Kapanga, 9d., B}d. ■-.'•■''■- Koyal Oak (con.). Is. Id. Crown, 6s. . Talisman, 425. 9d., 425. 6d. Grand Junction, 355. "6d. ' - Kauri Timber. (con.), 15s. 3d. The following business was done at the afternoon' call;— , Kuranui Caledonian, Is. Id., Is.'2d. New Sylvia, ss. 7d„ ss. Bd. ' Old Alburnia (paid), Is. lOd. . Waiotahi, 55., 4s. lid. . ; Now Alpine (paid), Is. 3d. KOS3 Goldficias, 9s. 'Progress Mines, 125.-6 d. Golden Pah, 3d. Old JiaurakT, 3s. 9d., 3s. 10d., 3s. 9d. Pride of Waihi,. sd. • ' ■ -.- , - Tairua Broken Eifis, Is. 2d. , Waihi Extended, 3s. 3d. ' ■-.' Waihi Grand Junction, 355. 9d., 365. Saxon. Is.. Id. N.Z.. Crown, 6s. Id., 6s. 2d. . Royal Oak (con.), Is. 2d. -.'.'•■ Auckland Trams (ordinary), 21s. 3d.,. ■'■■ ■ Dunetllrii December 16. Stock Exchange' fo.lesi— Muddy, Terrace, 275.' Talisman, ,41s. ■ 9d. Sales reported:— - Consolidated GotdSclds, 16s. Waihi Grand . Junction, 345. 6d.. 345. 9d;, 345. 10d., 345. Ud. ■ • ■'.'.. National Bank. 2?s. .6d.' ' ' . Talisman, 41s. 9d. ' " ■" ■ N.Z. Crown, ss. lid.

' ;'; DITNEDIN STOCK EXCHANGE. ;. , ANNUAL MEETING. ; ', 'Bj Tsleeraiiji.-I'reii'ii Annoclitloo.i. -.'■■' Duncdln, December 16. At the annual meeting of the Dunodin Block Exchange tiis afternoon tho retiring chairman, Mr. H. S. Feuwick, congratulated members on the satisfactory year experienced notwithstanding the low prices in the early part of the year, when mortgage, rates rose, and-diverted money to that class of security.- The-pro-posed affiliation of Exchanges. would greatly facilitate business' by. assuring, uniform tariff and brokerage, whilo disputes' Def.wcen: brokers would be settled by the Central' Committee. The dividends in dredging: companies' reported oh the Exchange list daring, the year: were £37,923, not including private companies or companies -not listed. I» ' Quartz. companies-£603,300 was paid in ' dividends, and "sluicing-accounted for £4056. ' ■..-■/■ --. ■ -

,:, WAIHIGKAND JUNCTION. .': IBj Tclcir'ar,hf-Pri-t!.4j«aclatloo.l' ; :.. : ■ '-".Auckland, December .16. .. The Yvaihi Grand Junction Mining Company has two sets .of\. properties, described as tho eastern and western. They were sued for forfeiture of two of tho properties in. tho western section on the ground that they wore. insufficiently manned.- The company admitted that theso properties,: taken by themselves,' wero not manned up to thfc requirements of the Act, but pleaded "that the Grand Junction's properties, taken as a whole, were fully manned, and that the two areas in.question' were Contiguous properties . within the meaning of ' tho Act. The warden af Waihi.- gave judgment against the company, and against ijhis an appeal was madeto.ithe Supremo "Court,-' Mr.- Justice Edwards hearing tho case.to-day, and .upholding tho an"peal. : ': ,l ■'• ....

'■' MINING NEWS. ',-'.' ..Thamcs.-The Cambria reef in the Thames mine, Thames, : maintains its: size as it is driven on.vaud a favourable appearance, but so far no values have .been seen. Tho country, encasing 'the lode, is of first-lass description. •' '. v . -

Korapgahake.-Tho drive on the big reef (Sinkam) in tho KarangahakO mimv has been advanced 7ft., and the quartz 3ft. wido shot down to .within 4ft. of the. face. The quartz .thus obtained for tho.vlast, 10ft. has. shown a great improvement in appearance,; and the manage? is. Bending samples.';.'.;' ':,::• ';.■;■■;,:•■•'._ ...Pride of B Tokatca^M ! 'M'''Priao ! : of Tokatoa mine Wo. 8 stopev-ott'the cross'lode,'has been taken along east and; west from the riso, 40ft. The lode shows plenty'of size,-, but,-.owing to-r. scarcity of mineral..in' the,country broken, very little gp!d ; has,been" seen .during the week. At,the low. level;there: is..no change to report. At the intermediate, level',a 'drive is''being-put "> .to. out what .is;ikriown,as the, tribute lead. This should bo ,accomplished;-in .another 15ft of driving. The country-is highly ; mineralised; ana should make' gold. if. it carries onvto tho intersertion of. tho lode; ' .'-.

.; Kuranui balcdoninn.-Grahamo's level in tho Kuranui Caledonian mine, Thames, is still penetrating a favourable class of country. Dur-, nig the past week a break was met .with, which tnre\v the leader out >of its course,-but it is expected to.pick it up again in the hangingwall,. A crosscut has been started on tho south .sido-at a point 345 ft. in. It is now in 18ft in a nice channel of country, and 'should intersect the footwall branch of the leader at any time. ■■■■ A ■ crosscut"-has also been started on the north side of the level at 352 ft. in; A nicelooking leader, about 3in. thick, has jnst been mot. with 20ft, north of Graham's level.

.Tairua Golden Hilla.-At the Tairua Golden Huls mine a iurther 25ft. of,driving has been accomplished in the low level. The ground is.becoming firmer, and a number of oxidised veins are traversing the country. N0..3 levelIhreo; slopes are in progress, in all, of whicHi the lode loks we!!, and' from' which considerable quantities of;ore are accumulating. In the south end tho'lode is still of a hard nature. At No. 2 level a Contract has been let for, taking out tho balance of the lcadini: stope, about Wt. in length, 140 ft. having been previously taken out. The ore coming to hand lrom there looks well, and carried good payablo

Tho Right Hon. D. Lloyd-Georgo was recently president of tho Welsh Baptist Union. A writer in a religious periodical-considers that thero is something peculiarly appropriate in this latest honour of his election to tho highest plfico among this Welsh Baptists, when it is remembered that his first and earliest experiences of controversy and . warfare date back to the early days of his boyhood, when as the only Baptist boy in the village school' he had to stand up for the faith of his fathers He: has been: heard to confess that whenever ho failed to silence tho jeers of his school companions .by sheer force of argument, he never hesitated to resort to other and. more forcible methods—so ardent a champion was ho of the Baptist faith. Speaking in a London church recently, ho said that though a huciblu member of tho King's Ministry, ho rejoiced even more in the honour done.to.him by"the ministers of a higher Cabinet and a greater lung.

. Dean Russell' Wakefield, by making a qualified defence of Sunday:■' golf, has drawn from Rev. C. Silvester-Home.'a dignified rebuke says the "Christian .World." Mr.: Home is not only an ardent golfer, but'the secretary ot tho i'ree Church Ministers' Golfing Society. He condemns Sunday golf on. the ground that it extends Sunday labour, and robs caddies and club stewards of their one day's rest in seven. It is, he says, the selfish ricli who ■want to play on Sunday,,and they want:paid labour ■to wait on' them. People,; Mr. Homo adds, can amuso themselves out of church timo on a Sunday without necessitating the'eniploy.nicnt of others..

For Children's Hacking Cough at night. Woods' Groat Peppermint Cure,,ls. 6d.,,29 M, Advt'