MINING NEWS

Dominion, Volume 3, Issue 736, 8 February 1910, Page 8

MINING NEWS

, WELLINGTON SHAEE lIABKET. Talismans .met with a good demand yesterday.' and businees was done up to 605.; Waihi Grand Junction \*cre al6o firmer. New Zealand Crown shares sold at ss. Id. The salen recorded were, as under:— New Zealand Crown, fc. id; (second-'call). Talisman, 495. (first call); :.495„ 495. 6d. (second call); 50s. (third' call); ' .Waihi Grand Junction, 2a?. 9d. (first call); 295„ 295. 6d H (sccond call); 305.; 295. 9d. (third call). v. . , QUOTATIONS.

Following is. the copy of a "telegram received from the.AoreTs/Hydraulic Sluicing Company.-..by .tho.-Wellington. Stock -Ex*, change"Boturri> frofcfrtop boxes'," 230z.; • .expect about;B" or ; -10oz.-'next week.'", ' ' -STOCK EXCHANGE: : . V, (By Telegraph.T-Prea's Association.) . . % .fA.uckland,' t February 7; ■ On the-Stock Exchange this ..morning tie.' following sales were recorded:— • ; Golden Belt-(paid); lijd. ••-.• Tairua-Broken, flills, Is. 2d. . : ' Talisman,-498. .6d., 50s. . - - Waihi.'£9aßs. 6d. t £9 19s. • - : ; . j Taupiri Coal, 308., 30s. 3d. ■ ,<. i ■ \ Northern Steam ; (paid),; 13s. (con.) 6s. 4d.": f v.-- ? Dunedin, February--7/ ; Stock Exchange-sales:— ■ . Mystery.-Flat, 20s. V, , . Old Haufaki,-55. 6d., ss. 7d., ss. 4d. (3). ; Talisman, ,\£2 10s. 3d.. • . ' ' s Waihi Extended,. 3s. 3d. ' Waihi Grand-Junction,; SCa. • ■ ■ ' .\\ 1 Sales roported:— Old Haura-ki, sa. 3d. I, ? Tali3man, 48s. 6d.y-48s; :- 9d. •' ; * .. .; , ! "Waihi Grand Junction,! 295. 9d. * •* ' • New Zealand Drug, 475." 1 The following' are the. Stock Exchange: quotations;— , -v • Dredging Stocks*—Elcctric, '-sellers ' 4a. ;' Golden Bed,, buyers '£i'-ls. .fid.,'sellers'-£l- - Hartley and'Bilcy,.; buyers 15s. 6d., sell*' £rs £1; Mystery t . Flat,v.buyers*£i, sellers' 1 £1 ls.; v No Town Greek, buyers ;Bs.,\ sellers 10s. 6d.;- ; 'Riso arid'. Bhinc, . sellers £2. ,Bs.; Sailors' Bend," buyers'ss. 6d., sellers iOs.;' Stanley Paracale,.BeUers £1. stocks:—Muddy ' Terrace,'. buyers £1 35.; sellers £1 4s. 3d.; Ross Gojdiields, buyers 65.; Ktiraiiur Caledonian, buyers Is. 3d., sellers Is. -6d.; May Queen, buyers 35.. 6d.;\ New Zealand Crown (paid up), buyers 45." 6d.') -sellers 5s v 2d.; Old Hau* raki, buyers ss. -3d., sellers ss. 5d.; Talis-, inan Consolidated, buyers £2 10s., .'sellers £2 10s. 6d.; Waihi Extended, buyers 3s. 4d. f sellers 3s. 6d.; Waihi Grand.Junction, buy- I crs,£l IBs.,- sellers £1 10s. 6d.; Waihi Grand * Ju'nction>; (options), buyers ' £2; Waiotahi, buyers ss. 9d., .sellers ss. 2d. i Investments stack:—National Bank;. egll-> ers £6 55.; Bank, of New-Zealand, buyers £9 95.; Westport-Stockton, buyers 7s. 6d.,' sellers Bs.' 3d. ■ *1 - — I LONDON MINING QUOTATIONS. .. By Telograph—Press Association—Copyright • London, February 6. 1 Waihi .shares aro quoted—Buyers £9 16s. 3d., sellers £9 18s. 9d.; Waiiii. Grand Junction, buyers 265. 3d., sellers 275. 6d. .]■ MINE MANAGEKS: BBPOBTS. j Waihi Grand Junction.—During January the Waihi Grand Junction. Oold Mining '•.Company crushed with 37 stamps for. 17i days 4410 .tons of: bullion, valued 'at- £6830. .This Bhows a decrease, compared with the return for the .previous 'month, when 4821 .tons yielded £9623. During tho corresponding period of last year, however, the output wa3 considerably less, -2470 tons treated in January, 1909, giving a,return of £3391. The total amount won from-the mine to date is £267,291 12s. id., as shown in the following table of details:—

• • ■ / ' £ 8. d. Total to end of 1907 -.89,626 14 8 In 1908, 40,050 tons ..." 70,910 13 9 i In 1909, 59,147 tons 99,916 3' 8 I Total £260,461 12'1, January, 1910, 4410 tons .6,830 0.0 Total to date ' L....' £267,291 12 1 , Karangahake.—The manager of the Karangahake Mine reports that in the drive on the big reef south.the ouartn broken-.down up to the faco is still.very hard.. At times it contains'a fair amount of-mineral. He intends to drive ucross the reef at a long augle to prove its value in the, centre and on'the other wall.'• In the'rise above/this level a communication with the winso sunk from tho level abovo. is expected this week. Tairua 1 Golden' Hillfl.—The manager of i tho Tairua Golden Hills Mine reports.fhn 4 - tho low level has been extended a total of 755 ft. Tho.tunnel is gradually getting into highor. ground, tho. latter curivi}/»juuii« 6i y improving in character as the work ad* vanccs. The presont face is approximately within 500 ft. from No. 1 lode. In- other parts of the mine but little work is- being done until the mill , .starts operations, which' it is anticipated will not bo later than about .the middlo of this month.

• Buyers. Sellers.-. Sales. ' . . .. .£ s.d.- £ s.d.';'.£ B.d. Kuranui .... . 0 0'8 v — Kuranui Calcdon'n 0-13 0 1- 5 — ; May Qucea 0 '4. 7. ' 0' 4 11"' '. —. ' N.Z. Crown 0.' 5 1 0- 5 1 New Sylvia; . 0.<3.,6;.,.0..' J .9 .. w • Old JIauraki . .. 0 ,5 5 0 : 5 7 - . —: Saxon 0';i 7- 0 1 8 ■' —- Tairua Broken Hills 0 -1-'' 0 •' ■ — . — •' Talisman,;:: I....:..'.:.. 2 '9 10 2 10 .3 2 10 '0 Waihi 9 17 '6 " — . — Waihi Beefs' 0 7 0 0 8 0 •' — ' V/aihi Extended :.. 0 3 5 0 3 7 — Waihi G'd;,Junct'n'1)9'9 110 0 - Waitangi.-i 0 1 7 — \Vatchman\i: '..'...-.;,,. O-'-l i8 — ' Blackwatet: v ...".'i.v, 1V3.'6 15 0 Con. Qoldflelds' .i....' 017.'0 0 18 6 — .v. Progress/ 1 0 13 0' 0'13.3 — ' Boss Goldflelds — 0 8'6 —if"