MINING NEWS.

Dominion, Volume 3, Issue 735, 7 February 1910, Page 8

MINING NEWS.

; THE WELLINGTON SHARK .MARKET. ' .Talismahß.have oihibitedi a further, rise,and'tfeo strong 'demand continues. - Grand- Junction • shares were ralso vfirmer, 'buyers offering.2Bs. 9d. Old Haurakis were 'weaker.. Tlie day's salos wero as under;— Old Haiiraki;' 6s:; ss.' Bd." (flrat call); ' . -•Talisman, 4fls. 9d., 495., 495., '48a. 9d. (Grst call) r. 495. 3d. (second call). :

: Waihi, £9 17s. .(first call).' - : ;• Waiki Grand -Junction,;27s.;. 37a. 2d., 27a. 9d. (first - , call).;;.. f --....r:, ;-.'-:.V' ;.V:s: -i-V:H'■;??■' QUOTATIONS, The latest quotations, , with last /recorded' sales, were, as-under:— ... . .. • . . . . Buyers.. Sellers. . Sales. '-■ ■- r ■ £a. d. £s. d. £ s.d. Ku'ranui Oaledon'n; 0., 13 : — ' . . May Queen 0 ) J' — — N.Z. Crown 0. 411 — , — iNewi Bylviai'-i.'...—... iO3 , 6 ..:,0, 3 8 'OliTE^nSl^/0';«l-'"0 : ?5; 4 .0. 5, 8 Saxon 016 — .... Tairua Broken Hills 0';.1 0 0:1 3 — Talisman -.... 2 9 3.2 .9 6 .2 -9 3 Waih™ ;9 16'6 918 0. 9.17 0 .Waihi Eeefs .OijJ'O ' ~'. Waih^G , d Junction 1 8.9 1.9 0 1 7 9 Waitangi ■ ............ — S'.i?-.- - Oon. Goldflclda /...... 018 3 '.— Progress 013 6 • — Ross Goldlields ...... 0/ 7 6'o 1 8 6'. — { The course, of sales during the past week was as follows:— • •. . /■'- : N.Z. Growii, 4s. 9d. New Sylvia,'3s. ;7d., 3s. Bd. ' Old Hauraki, 6s. 4d.j 65.-5 d.;; 65.. 65..; ss. lid.. 65., 6s. Id., 6s. 2d.; 55.. lid.,-6s. 10d., 55.91d.,'55. 9d„ ss. 10d., 5s lid., ss. lid., ss. lid., ss. lid., 6s. 9d., ss. 10d.,: ss. 10d.,-ss. 10d., 6s. 1d.,'65., 65., ss. lid., 65., 6s.y'ss./lld., 65.. ss. Bd. . ~//:.:; .' V: :.y." . : .'•■ '■ ■' "Saxon,-. Is.- 7d.-, Is. 7d. " Talisnlanv i 445.V 445.,*- 445.,- 445.; 445.,, 445., l 45Si : 6d.,-45a. '/6d„ 465;,-465., 465.,.'465. 3d., 465. '3d., 465. 3d.; 455. 6d., <6s. 6d., 475., 475., 47b. 6d.,v485., .48s. .3d.,'485. 6d., 48s. :6d., 48a. 3d., 483. • 6d:; 48s. • 9d„ 1 485.:'9d., 48s. 6d„. 4Bs. 6d„ 465. 9d:, 48s. 9d., 495.. 49s . 48s. 9d:, 495. 3d. Waihi, £9 165., £9 16s;6d„ £9 175., £9 17s. -• Waihi Grand Junction, 295. 6d„ 295; 71a;,, 295. 3d., 295. 3d.l- 265. ; 6d.,- 265. - 6d., 265. bd., 275„ 265. 10d., 265. 4d., 265. . 2d., 265., 255. 10d., 255. 9d„ 255.'9 d„ 255. 9d.,. 255. : 9d., 265., 275., 27a., 2/s. 3d., -275. 9d. ,'. . ;Blaokwater, 25s.'■■■■,': > • ' ; • Progress,' 13s. 3d. \ j : .. Kosa Goidfields, Bs. -lid., -35.,'..85., "Bs.,- 85.,. 7b. fid., Vs. 10d., Bs. /v. ■ iThe .Wellington Stock Exchange received the. ifollowing-' telegram on Saturday:—Heturn for January, progress Mines; Crushed 4019 tons, yielding- £5664; - cyanided 2645 tons, value £593. . Smelters treated 282 tons; theoretical - extraction 381oz. . Wealth _of Nations: Crushed 18C0. tons,- valuei: £2448; ■cyanided; 840 itons; value-£476. lilackwater: Crushed 3050 tons, yielding £6593; cyanided 2025-tons, yielding £547. • ' ;-"i;

OLD. HAURAKI MINE. 1 : ' (By. Telegraph.—Special Correspondent.) Auckland, February 6. . -.v.'The'following .telegpun.was received from tile manager 'of the-' Old Haur.aki Hme,. Coromandei, last night:—' - . •" "Thirty. pound 3 specimen stone, seaward corner rise,. 100 ft. level. Gold'.still. showing. Only a small portion broken down. This brings the total, specimen stone so-, curcd: in the ri6e to date to UOClb., and to this must be added 101b. of picked stone 'obtained from the samo reef,-in addition to the hauls of specimens from the rise. Three pounds of picked stone hasjilßO been secured in the winze, from tho >300 ft._ level, leaving gold still showing, and : 51b. of picked stone from the stopes,. on-'No.9 reef ,at tho, 300 ft. level,. with gold still S *Tho n 'U£erald's" Coromandei correspondent toleeraphs:—"Driving seaward;. has .been commenced from the top of. the rise and bottom of tho. winze, ithc. reef .being■ a strong body of ore,, carrying.) the samn favourable minerals, in.. evidence at the. 400 ft. level. The drivo is following _both the new reef and the No. 9, or Green Harji. lode. Doth ore i bodieß aro encased , in kindly country and look most' promising. ! - At- the 300 ft. level and in the. crosscut on what is believed to .be the n . c ,^' ore body is opening out in width. It carries tho samo .mineralisation as the reef in the rise. A furthor- 6ft. or 7ft. of driving in' this' face should'reach a point oyer whore tho gold is coming.from in tho rise. The development workß in, progress ha\e now reaohed'a vory interesting Btage. ...... ■i ' i ' DREDGING. ; (By '• Telegraph.—Press Association.) Dunodln, February 6. Bise and Shine, No. .1, 91oz. Zdwt.; No. 2, 60oz. 17dwt.; Alexandra Eureka. ISoz.; paterson's Freehold, 12oz. lOdwt.; New Boxburgh Jubilee, 9oz. lldwt.