MINING NEWS.

Dominion, Volume 3, Issue 884, 2 August 1910, Page 8

MINING NEWS.

WELLINGTON SHAKE MARKET. The feature of the market yesterday was the heavy liquidation of Eoss Goldfields shares, and the slump in values. ~ Tho turn of the market in the morning, and the heavy sales, caused some concern to the Exchange, and. the followinij telegram passed between the,' Wellington Stock Exchange and Dr. Ncelcy, chairman of the Eoss GoldQelds, Ltd.:- ■ i & At a. moetins of Exchange, held thi? morning,, keen disappointment was 'expressed at your failure to keep your .. promise re having clean up completed Sunday, especially in view of fact of ' /big selling orders this morning. Also, labour trouble. What is the position? —Secretary, Wellington Stock Exchange. The reply received from Dr. Neeley was as follows:— ' .-" . '.'■''. Never at any time, promised wash np should be on Sunday; wired Press Association last night company had mado concessions to union, and that men meet to-day to consider same at 4 o'clock. ..Consider Stock Exchange has , made-an ass of. itself.. Will wiro returns the earliest possible moment. . No one witnessing same but managers.— Neoley. , , ' , ■' Tho mining- transactions recorded yesterday wero as under:— ' May Queen, 4s. 7d., 4s. 6d. (third call). ■ Talisman, 653. Vα. (first call). ■ Waihi Grand Junction, 38s. 9d. (first call); 38s. 9d. (third call). Watchman, 2s. 3d. /(third call). lioss Goldhelds, ; Ills. 9d., 10s. 6d M 10a. 6d., 10s. 4d., 10s.. 4d., 10s. 3d., 10s.. Zd., 10s. Id., 10s.. Id., 10s. Id. (first call); 9a. lid., 9s. lid. (second call); Ss. Uα., 10s., .10s. lid., 9s. lOd. (third ealD.'v...QUOTATIONS. : . Buyers. Sellers. Sales. ■ £s.d. £ s.d, £ B.d. Dominion- ....' :. — 0 0.2 — -, Hauraki Eeofs — • 0 011 — 'Kurairai Oaled'n... 0 1 ? ■ 0 1 9 — May Queen 0 48 0 4 6 046 Now Sylvia 0 4 10 4 2- — Old.ltauraki 0 4 9 0 411 - Saxon 0 17 0 19 — iTairuai Broken Hills 0 1 9,- 0,111 — Talisman --Z 13 9 — ', 213 9 Waihi ....:.: ; 8'.4 0 ..'- •■. -" ".W,aihi G'd. June.... 1 118 '.9, 1,19",6 118 9' Waitaigi ',0 2 2 , ~—: — ' Watchman ..:.. 0 2"2 ' —/■ ; o•'2 ,3 Blackwater .....; 114 0 -. - Con. Goldflclds .......' - 12 6 -.'■ ' New Big Kiver ...... .2 15 0 3 00- — Progress,, :... 013 0 014 0 —..' Eoss Goldflclds ... 0,9.9. 0 911 0 9 10; STOCK EXCHANGE. , (By Telceraph:—Press Association.) Auckland, August 1. , Business done at this morning's call of, the Stock Exchange included:— Waiotahi, 3s. sd. ' '<■''■ '■■ Watchman, 2s. 4d. -. Boss, 10s. Bd. to 10a.' 4d. Hauraki Eeefs. (con.), 10d. ■ Old. Hauraki, 4s. lOd. Crown, 4s. Bd. : Tairua Goldon Hills, 25., 10d. ■ Talisman, '535. .'. Waihi, £8 4s. 6d., £8 ss. 6d. ,' Grand Junction, 395. 6d; : Mountain' King, 9d. ; , Tonson-Oarlick Company, 17s. 6d. ;May Queen, 4s. 6d. : 'The following business was dono at the afternoon call to-day:— • . Occidental (con.), 2Jd. .' ■ . , ■ ;'Watchman; ,25. , -5d.,.25: 4d. i ,- Old Hauraki,. 4s. lCd. • ' Maoriland, 7d. ' . ■ . Waihi.Extended, 3s. Id.; 3s. ' Waihi Grand Junction, 395. 3d.,, 395. 6d., 395. 9d., 40s. . ■ , ■ , . May Queen, 4s. 6d. ' ■; Waihi, 1665. 6d. , ' . ... . Dunodln, August 1. Stock Exchange sales:— May Queen, 4s. 6Jd., 4s. 6Jd. Waihi Grand Junction, £1 18s. Talisman Consolidated (forward delivery); £2 15s.- ~".... Sales reported :—May Queen, 4s. -6d.,. 4s. 7d. ( 4s. 6d.; Waihi Grand Junction. £1 195., £I.lßs. 9d., and, for forward'delivery, , £MBs; lOid., £2; New Zealand Paper Hills, £1 2s. 6d. . y , ■ " ~ Dunedln, August 1.Stock Exchange, .quotations :—Dredging Stocks: ' Blackwater, sellers 5s 1 .; Jlanuherikla buyers 11s., sellers 135.; No Town Creek, buyers 7s. 9d.;,Eiso and Shine, , , buyers £2 35.; Rising Sun, buyers £2 Is. .Mining -stocks: Eoss Goldflclds, buyers ; 9s. 6d., sellers 10s; ;3d.; Muddy Terrace, buyers £1, sellers £1 26.; Big Elver, buyers , £2-55.; Consolidated Goldflolds, , buyers £1 Is. 9d., sellci-s £1 2s. 9d.; Progress Mines of New Zealand,-sellers .155.-'6 d.; May Queen, buyers 4s. 5d., sellers 4s. 7d.; Old Hauraki; buyers 4s. 9d.,< sellers'ss.; Watchman, buyers, 2s. 2d.,: sellers'2s..'sd.; Talisman Consolidated, buyers £2 145., sellers £2.145. 9d.; Waihi, -buyer £8 2s. 6d:, sellers £8 55.; Waihi Extended, bus«rs 2s. lid., sellers :3s. 2d.; Waihi Grand. Junction, buyers £1 :195.,. sellers £1 19s. 3d. .- ■ .Investment stocks: Bank of New Zealand, sellers £11 os. 6d.; National Insurance, buyers £1 lls. 3d.; Westport 'Coal, sellers £6 165.; Jlilburn Lime and Cement £1), buyers £1 165., sellers £1 IBs. 6d.; Mosgiel Woollen Factor}-, buyers £3 3s. 6d., sellers £3 55.; New Zealand Drug Company (£2), buyers £2 Us., sellers £2,125. 3d.; New Zealand Paper Mills, buyers £1' 2s. 3d., sellers £1 2s. 6d.; Donaghy's Eone : and Twine, buyers , £1 3s. 6d. . NEW BIG BIVEK MINE.' Y, The Wellington Stock iK-schango has received tho following.-telegram from the Now Big Eiver Company:—"New Bite Eiver ■return for the month of,July:—Battery 'crushed 180 tons' for 171oz. 13dwt. retorted gold. Oyanido, 250 tons treated for 950z. sdwt. Total value of bullion,' £930." '-,