MINING NEWS.

Dominion, Volume 3, Issue 877, 25 July 1910, Page 8

MINING NEWS.

■WELLINGTON SHARE MARKED On Saturday ltoss Goldfields monopolised tho attention of speculators, and about ten sales were recorded at 10s. 3d. to 10s. 9d. .All other shares were rjulet. Tho transactions were as under:— Old Hauraki, 4s. lid. (first call). Talisman, 535. 6d. (flrst call). Blackwater, 355. (first call). Koss Goldfields, 10s. 3d., 10s. 6d., 10s. 64., 10s. 6d., 10s. 6cl, 10s.-6d. (first call); 10s. 9d., 10s. 6d., 10s. 6d. (second call). QUOTATIONS.

Tho course of sales during the past week was as under:— Knrainii. sd. , , M New Sylvia, 4s. 7d., 4s. 6d., 4s. 5d.. 4s. 2(1., %ldNla.iiralii, 5?., 55.. ss. Id.. 4s 9d., 4s. | 9*d., ss. Id., 5a., 4s. lid. Tairua Golden Hills, 2s. Bd. | Tali.-mnn, 535. 9(1., 545., 545., 53a. 9d., 535. 6d., 535. fid., 535. 6d., 535. 6d., 535. 6d. Waihi. £8, £7 195., £8. Waihi Grand Junction. 435., 435., 435. 2d., 41s. Gd., 41s. Blackwater, 345. 3d., 355. Consolidated Goldiields, 225. 6d., 225. 3d. Ross Goldfteids, 12s. Ud., 12?. 3d., 12s 6d 125., 125., lis., lis., 10s. 9d., lCs. Bd., 10s 8d„ 10". 9d., 10s. 9d.. 10s. Bd., 10s. 9d.. 10s., 10s., 10s. 3d., 10s. 3d., 10s. Gd., 10s. 6d., 10s. 6d., 10s. 6d., 10s. 6d., 10s. Bd., 10s. 6d., 10s. Bd., 10s. 9d., 10s. 9d., 10s. Bd., 10s. Bd., 10s. 3d., 10s. 3d., 10s. 3d.. 10s. Id.. 10s. 2d.. 10s., 10s., 10s., 10s., 10s., 10s., 10s. 3d., 10s. 3d., 10s. 3d., 10s. 3d., 10a. 6d., 10s. 6d.. 10s. 6d.. 10a, 6d., 10s. 6d., 10s. 6d., 10s. 9d., 10s. 6d., 10s. id. STOCK EXCHANGE. (By TeleirraDh-Prcss Association.! Auckland, July 23. Business done at this morning's call of the Stock Exchange iueluded:Old Hatiraki, 4s. lOd. Crown, 4s. 10d., 4k 6d. Talisman, 545. Waihi, £8 to £7 18s. b«. Grand Junction, 41s. Ross, 10s. 9d., ICs. Bd. Waiotahi, 4Cs.-sc. Now Zealand Cement, 4Cs. New Zealand Pai>er Mills, 225. fid. Christchurch, July 23. Canterbury Stock Exchange sales reported to-day were:— New Zealand Shipping Co., £10 Is. 6d. Taupiri Coal, £1 C-s. 9d. Waihi, Grand Junction, £2 Is. fid. Ross Goldiields, 9s. 9d., 10s. Dunedin, July 24. The following sales were effected on the Stock Exchange yesterday *.• - Talisman Consolidated, 535. 6d. (two parcels). Waihi Grand Junction, 40s. 6a. Sales reported:—Waihi, £7 18s. 6d.: National Bank, 120s. ROSS GOLDFIELDS COMPANY. PROGRESS AND PROSPECTS, (by Tdecraph—Press Asr^ciation.i Christchurch, July 23. The following are extracts from letters from the mine manager of tha Ross Goldfields Co., Ltd., to the chairman of the company on the subject of development work:—"The uprise from the sixth level, in which there are three shifts of two men per shift, is progressing satisfactorily. Ton will note that this uprise wau put with a view to intersecting the Cassius : layer of wash if it exists overhead or above ' our present workings, and directly in line i with his (Cassius) layer. or run of wash, j So far the uprise is up 24 feet from the ] top of the sixth level, passing through j country of terrace bottom and i carrying fine colours,'indicating r.hat this | may form a bottom, and there is a proI bability of meeting a layer of wash on | the same, when it is extended another 16 ( feet, which would make the total distance ]40 feet above tho sixth level. Other de- ! veJopmeuts are proceeding satisfactorily." i The chairman of directors (Dr. Neeley) ] has received a telegram from the managing engineer to the effect that the lab-' our trouble at the mine, he thinks, may be amicably settled by a conference. Dr. Neeley shares- this view, and expects to meet the men in conference about the first of next month. GRAND JUNCTION. The following telegram been received from the Grand Junction min'e:—Royal Lode, No. 5 level, east crosscut, 690 feet. Reef is 646 inches wide, assaying £1 13s. 6d. per ton. DREDGING. (By Telegrapn.—Press Association.) Dunedin, July H. Dredging returns:—'Waikaka United No. 1, 2loz. for 120 hours; No. 2, 15oz. for 120 hours; Rising Sun, 460z. for 131 hours; Riley's Revival, 13oz. for 131 hours; New Trafalgar, 32:)L r . for 121 hours; 909 Dredge, 113oz.; Rise and Shine, No. 11, 540z. lOdwt.; Golden Red, 540z. ldwt.; Rise and Shine No. I, 40oz. lOdwt.

Buyers. Scllera. Sale*. £s. d. £ k. d. £ b. d. ICuranui Caledonian 0 17 0 19 — May Queen 0 4 3 0-4 5 ~ New Sylvia .0 4 0 0 4 3 Old Hauraki 0 4 10 0 4 11 0 4 11 Saxon 0 17 0 19 — Talisman 2 13 3 2 13 6 2 13 8 Waihi . 7 18 6 7 19 0 — Waihi Eeefs — 0 6 0 — Waihi Extended — 0 3 3 — Waihi G'd. June. ... — 2 10 — Blacltwater 1 14 6 — 1 15 0 Con. Golilfields 1 2 0 1 2 6 — New Big Bivor 2 5 0 —• — Progress ; — 015 0 — Ross Goldfields ■ 0 10 6 0 10 9 0 10 S