MINING NEWS.

Dominion, Volume 3, Issue 697, 23 December 1909, Page 10

MINING NEWS.

■..,■'■ WELLINGTON MINING MARKET.' .-; very! few sales yesterday. Old Hauraki changed hands at 3a. sd. and 3s , 6d. .Talisman sold at £2, £1 19a. 9d., and £2 os.-3a; ■at the third call, a=d • Waihi Grand Junction at 305.-at the first call.' ■; '• -'[■", '.'■'■■, quotations/ ■'■•■■ i. "■ •The lilcstquotatibna,..with'last recorded Biles were as under:— .' . : ;■-.-.- ,' •••'-■'■■■ .-".••■■'■ . Buyers. < Rcllori Sales. £ ad. £a. d. £i. d Dominion : — 0 0 2 — May 'Queen .....:;; '. ; o ,'3 3 - ■-' -. --^ 'Mountain' King ■;.;...;...:. O —'.'■•■'' l o o"ii-V"' r — Old:"Hauraki>;;■/„.:.-.};::.; v CO'.-.3-7 •:=' 0 '3 6 Holiinco.'. ..;.'.;,.'■...'.,'....'....■...•. 0-0,-4 ovo-'44';'■ — '•B)Uc6h.'-..-.i5.:i..V. , i. , ii'.A.;. 1 ;;.ii-::.-.0' 'I'■■2'/ : - : - -— '■'-. -.■ ; —■'-' :-Tairna.Srofcen:;'jiills'.:'.;ojo'.l,'l'- ::■ 0 ;l>3 v ' - 0 -:l>:- Z 0 5 rWnilii■. Grand!' Junction ;l 15; 0/'".1'15.■ <t ■-■' 115 0 JTait'angi:...;.i'.;. , .W.i:.;.sV...'' ..—•- : 0 -2V-7'-' — ■Blackwater-.,':..-:;;:..'.:...'::;;; , '.-:— .--'. i,! 6 9>',' : ' Con. ■ Gbldfields- 1 017 ,0 .-,0 17 -6r' - —■ Now' Alpine -(paid). r r.../, ;~ ' 0! l' C.{'!' : —. - New. 'Alpine-(con:) ...!..!■;.'—■■. •..-.- 0 : -l" 5a- — .New'.lilg.^Eiver-•:,.;..-...'2! O : 'O 2 4 0 % — ' .Ross;,G6ldnelds!; ;i;;;;;;.i,-0;8 3 -0' 9, p .Vy— ' ! |:i^;>: : r :, if ' ■ " - ' ■■■'"' ■/.■'■''/,'-' ''■:i',-'' : ■'Aucl(lar»d l !. ! .Decembbr.- 22. ': : Business donb at: the mornine eall'of the Slock ■:Exchangovincludud!—-".' : ..' ,f '• - ' ■'■ '"..■. ■l-Syljia/ferJd.'",'-■.•>-..■..;:■,•'; *■): ■ ■.->'•• ' - / ■Alburnia (con.), ; ls'.-. t 3d. ' ■'■ • ' ■"■ "■"■''"' 'r' ' .' Saxbn,; Is; v4d. - : - ■('" ■ :;• >■'... ■■;)■■ ;■''-■- Hcuraki, .35.v.7d.--to' 35.-sd. • :••■• :'" >;■■:.. '.■ ..V:.,.:.'<' .:■■/ ■ Waihi,-'£9.15a./;' '■^'-• l - [ -■'■■ '."' • ;; :;, ".- i. ■ Grand Junc'tloni'SSsv^d. , -■'■'. - 1 ' ■',-•;/.'>"■'. , ,Sduth -British;'.s43, 6d... ~a'-,;':■.';'- -. ■ .'.ft.:! • • ;,'V ' '^.lMid-^oUowinE'^ere^the/^l^i'At'ftiieykffeirn'oon ~;Mbnowaii>'!'ls'.'.7d.."•'. !,./,.>^!iA?iV^i ; ifoS;' , : l; ' .'■ ■'•*Pojnt EusseH, * ■ ■^.■:-K- : ('-;'i.\ : yi.' r ,''■ ' ' Saxon, -Is., My. "■ '■:yi..\-'P?'i:<fiiX':;:-'.->:y, 4a. 10d:, 45.; -ilHyH^-^-X ".'■: ;".'Old'Hauraki: 35. : -'.7d:, , -35.' , .-Bd-:;-J3s.'v7Av'(---'.'':: v . N;Z. .Crown, -6s. lCd.\ ■■ ■•''•■■•:■'. 'ti-l'-.V''! : - ; -■ '•■Karangahake,-3d.!' ■ ,'• ' ■:,.-.'.'.' 's, '''...v,*.' ' ■•fPhorms,'4d.,.■•>. ■;:•.,■ •;. : j.■;■■'■■'■;■■,'<.'■:.:■■■'■.:'■. . % : Talisman C6nßdlidnt<:d,.-411E;.'-9d.,''4os.'-6a.,'. 40s. ■9d.'."-W'.'- ...'.'. .".*■.-"■ " •■ • r ; ! .-.■';■;?-:; : :-.. . ■ ■.■,Waihi; P 'W4s. 6d. . :'- ' ~-' '?"V,';-v~' '■■ ..Waihi. Grand Junction; 1365. ~■-,.,., . . •. ■ > -"'rU','"' ' '■'•..•.- ■ ; Dunodln,' , December. 22.' . .!■• Stbok ■.■Exchange- -Ealos:—Golden 'Bed. 19s. 9d.; ■JtUddy.-Terrace;' 265., 265.;. May-,oueen, 3s. 3d. Reported ■sale:VMuddy-Terrace,'26s. '9d;. : .

*•.■■ '.;_•;:'.. , TAIIANAJCI; PETROLEUM/ :■;..;/f' ■ ?.:■'■'■: (By.CTclderaDh-Pr»es ; .As«ocraUon.l .'. , .'..':■■■■■ Now-.Plymouth, , December: 23. > The directors• o£' the • Taranaki Petroleum Com•pany.v report that;the;wholea : J o£;-.thQ> ; : p!ant:.has been.'-thoroughly >overhauled\'by 'thG--'new managflr.jMr.' .Keith,'-who. recommends ;,tlie cleaning outipt'.Np. lbbre; wHich;continues to flow at tho<rate"of one barrel'per; day,; and'he.thinke it;iaay -bo-'made>-payable. The directors: decided to adopt the recommendation that drill'ing.'shall proceed in the No. 2 bore, where' important developments may take placo at any moment. Number 3 bore is yielding six to eight barrels per day, which, at 10s. per barrel, will pay 10 per cent, o= the cost of • the ■ well, as well as a, share of the management expenses. The water is effectually shut off, and tho dircc-. tors have decided to make a prolonged test to prove tho, capacity of the well. ■■■~-■ •The Aorere Hydraulic Sluicing Co., villc, started sluicing yesterday morning.: