MINING NEWS.

Dominion, Volume 3, Issue 696, 22 December 1909, Page 10

MINING NEWS.

. WELLINGTON ■ MINING. MAEKET. A good business was done in Talismans at tho lower range of prices, but the market continues io show a downward tendency. Grand Junctions remain steady at 355.. Tho . transactions, re;orded yesterday were as under:— Old Hauraki,' 3s. 2d. (first call). Talisman 41s. 6d., 41e. 9d. (first call); 41s. 3d. [second call).-, . Victoria,, Is.. 2d. (first call). . Waihi Extended, 3s. 9d. (third call).' Wajhi Grand Junction, 355. (second call); 355.. Sss.-Ttb.ird call). . : The latest quotations, with last recorded silce. ncre as under:— , . ■■.'•■ Buyers. Fellers. Rules. ■ . . £s d. ■ .« 8. d. £s. d. Diion Consolidated ...... 0 0 4 — — Dominion — ■ 00 2. — Kuranui .". — , . - 0 0 11 — Kuranui Caledonian ... — 0, 1 3 — May Queen •..;;. 0. 3 2 0 3 4 — Mountain King — . 010 — N.Z. Crown .'. 0 5 8 ,0 510 - New Sylvia' 0 6 0 — — Old Haurakl 035 036 032 Reliance 00 4 0 0,41 — 3axon ....: .......... 0 12 015 - rairua Broken-HiiU ... 0 1 2 _ ._ Talfaman :..........;.. 206 210 213 Waihi- — 9 13 6 — Waihi Extended ......... 0 3 7 ■ . — • 0 3 9 Waihi:Grand Junction 114 9 115 0 115 0 Waitangi ~ 0 2 4.027 ■■ - Blackwater ;... — 16 9 — Con. Goldflelds ! 017 0 .0 17 6 - New. Alpine (paid) •'. —. 0 16. — New Alpine (con.) .........' — 013 — New Big Kiver ,2 0 0.240— Progress ....:...„.:....■.....'. 012 3 a :0 12 9 — Ross Goldflclds ....; 080* 0e 6 '-... Muddy Terrace - I'B 3 , - •'.■■■-■■•■ STOCK EXCHANGE. (By Telczraph-l'rcss Association.! \ Auckland, December 21. Business done on tne Stock Exchange, at this morning'B call included:—May .Queen; 3s. 3d.; Monowai, Is. 9d.; Sylvia, 6s. 2d., 6s. 3d.; Salon, Is. 4d.; Hauraki, 3s. 6d., 3s. 7d.; Progress. 12s. 6dl; Crown, ss. 10d.; Talisman, £2 Is. 6d., £2 Is.; Waihi, £9 14s. 6d.;:Waihi Extended, 3s. ,55.,,35.; Grand Junction, 34b. 6d. The following business wae done at tlio after noon call to-day:—May Cueen, 3s. 4d., 3s. 5d.; Monowai, Iβ. Bd.; New Sylvia, 65.,3 d.; Old Hau raki, 3s. 7d., 3s. Bd.; Talisman Consolidated, 40s 9d:,'4os. 6d.; Waihi, 1945. 6d.;: .Waihi Extended 3s. 6d., 3s. 6d., la:: M :;-',:: ■ ■■■■- '>'?■■ . :■ .: : Duncdln,' December 21. Stock •Exchange'sales-.-Golden'.: Bed. 19s. 9d.; Talisman, 40sV 9d.;'Waihi .Extended, 33. 3d. Muddy Terrace, 265. ■6d.,.265. : 3d: A sale is re ported'of Old Hauraki at.3s. ;6d.- '■ ' V . ', THAMES DEEP. LEVELS. : ". ■' Auckland, December 21. The difßculty which arose some weeks ago u connection with the 'wording ■of the agreemeni for the promotion of .tho.. Thames jDcep Level: scheme has now been' satisfactorily adjusted. I special meeting of the ■ Thames Deep Leveli Committee wae Held yesterday, when the-chair man (Mr...C. Hudson) said ho felt they.shouli do'their'best .to: come to an amicable agreemen with.the May..Queen■,Company.- .As it did no seem likely that they could come to such ai agreement, he was prepared to let it go befon tue warden. He moved:—"That the icpresenta tives of the various companies, who have en tered into an aereement'with the Minister foi Mines to construct a deep level crosscut, horeb; agree'to tho insertion of■ a clause, m tho, sail agreement! 'such clause to preserve. , to the Ma: Queen Company such rights as they may claic to have for a refund oKpart- of -their expendi ,ture : in deepening , the', Thames vHauraki • shaf under'clause 8 of a-letter from- tho forme Minister for Mines (the Hon. J.'M'Gpwan) to th Thair.«t Drainago Board!.dated July 11, 1907; an< the companies vre represent agree that the wai den should .adjudicate'in-the matter, and tha his decision bo • accepted." .Mr. Hudson tan ho thought ho was correct'in'-Baying that whei this resolution wae passed, and was cmbodiei in the.'agreement',-'tho % May/ Queen Oompan; would be satisfied, .'.s.. r' ■■•■ .■■.'.... Mr. Mitchelson: That as all we have been ael ing for. tf *.'W' ' The chairman said the directors of his con pany were satisfied with the resolution, and h understood'.-the of the other com panics were satisfied also. Mr. Dcvorc'. seconded the motion.: In reply t Mr. Aickin, ho said he waa to sign the agra ment as :attorney for-the Kuranui-Caledonia as soon, is the terms- pi the resolutio: woro embodied in it. ~ ' , ■ Mr. Mitcholson said, in the event of othe companies coming in, they would have to pa a refund to the May Queen Company, and eac of the, companies now to contribute. ■ The chairman read a telegram from the Hoi Seymour Thorno Qoorgo, M.Ii.C, as follows :■ -''you l had better comeilo a settlement, although you are not liable until the mine commence .work, otherwise-the Minister ■ will instruct..th warden to enforce manning tho ground." The motion waa carried unanimously., The chairman.and Mr. Dovore were instructe to bring "the matter before the warden aftc the signing ol .the. agreement..