MINING NEWS.

Dominion, Volume 3, Issue 898, 18 August 1910, Page 8

MINING NEWS.

: : WELLINGTON,,SHAKE .MARKET. Tho market continues quiet, \ and .practically all shares Ehow a. downward tendency. All the Thames Deep' Level shares are Quiet, Waihis and Waihi Grand Junctions are weaker, while Ross Goldfields,, owing to the covering of. shoots, hold at 4s. to 4s. 3d. v Tho sales recorded yesterday were asunder:— ' Old - Hauraki, 4s. Bd. .(first call!., Waihi Grand Junction, 38s. 9d.,: 385.'3d., 375. 6d. (first call);-37s. 9d., 38s. (second call). 375. 9d. (third caU). ,-Waitangi, i:s; 3d. (first - caU). '. '■,' . •' Ross Goldfields," 4s. (hi., ,4s. 2d., 45.. 2d., 45..2 d., Is. 2i1., 4s. 2d. Ifirst.call); 4s. 3d., 45.. 3d. (second-oall); 45.-. 3d. •■ (third call);

QUOTATIONS. ' ~ ' ' .- Buyers: - Selleri, 'Rales. j '~ ,£s.d. £.s.d. £ n. : d. Dominion — 0 0 3-.. — Kuranui Caledonian — .019 — May Queen 0 311 0 4 0 ~i ■ ■■ New Sylvia 03 ID 04 0 — Old' Hauraki' 0 4 ;7V 0 4 9V. O'l 8. Saxon 0 1. 6-' 0 1,8 .' - '■ Tairua Broken Hills 0 1,7 0 19.—' Talisman 215 0 216 0 .'.— : Waihi .;. 8 0 0, 8 ; 3 0", :• — ■Waihi Extended — : o'3 0 • ■'■•-—■■ G'd. June... 117'9 '118 0 117'9 Waitangi ■■ 022 024 023 Watchman 0 2-1023 — Blackwater ■■—■■■ 1.14.3 — Con. Goldfields ..;..,, - 1(2 0 , .■—. Progres3 .'.::...:. ■—'■■. 0 13' 0 •''■"— Ross Goldfields '..:... 0 4" 3 0 4 4 0 4 3

. WAIHI GBAND JTJNCTION. The Wellington' Stock Exchange received': tho following'telegram yesterday from tho Waihi Grand Junction Company:—Sunning 36 stamps, 24 days, crushed 6523 tons, value £9186; Martha lode, No. 5 level east. No. .13 rise, holed-north reef ' 224 ft., low grade. No. 2 lode. No. 5 level cast,. 449 ft., low grade. No.'4'lode, No. 5 level east, cross-cutting south 107., cut through several stringers. Koyal lode, No. £ level east. 814 ft., country .rock; commenced to crosscut No. 4 lode, No. 5 level. West winze, No: 3 to 7, averaging in depth 17ft., width of,ore 42in., value £4 12s. 6d. No. 3 rise, 15ft., width of ore 42in., value £7 7s. 6d. STOCK EXCHANGE. '' " (By.Tcleewph.—Pre*! Association.) '. Auckland, August 17: • Business done on 'Change this morning:— Hay Queen, 4s: Id. Alburnia, lOid., lid. ■ Saxon,. Is. 7d. , Waiotahi, 3s. 7d. Watchman, 2s.' 3d. Boss. 4s. 4d:, 4s. 3d. Old Hauraki, -45.. 8d; Crown, 45.. 9d; . , ' ' Tairua .Broken-Hills,'ls; Bd. ► .Talisman ■ 535. 6d. ■■ Waihi,'£B.3s. 6d. Waihi Beefs, ss. 7d. Grand Junction, 38s. 9d., 38s 6d.. llandsworth, 7d. Northern Steam (paid), 15s. 9d. Wilson's Cement lord.), 425. 6d. ~, The following business was done at the: afternoon call to-day:—' > . May Queen, 4s. Id. ' Saxon, is.-7.d., Is.' Bd. Mount"Zeehan (con.), 6d. ::- Eoss.'Goldfields, 4s. 4d. '• Waihi. Ecefs.'Consolidated,. ss. 7d. Waihi Grand Junction, 385.. 3d.,: 38s. 6d.,\ 38s. 9d., 38s. 6d. . • ■ Tairua Golden Hills, 2s. 4d. ■ '' N:Z. • Insurance, 83s. ' - Auckland Gas-(now), 565. Burfoot Wheel, 335., 31s. Mark's Turbine (paid), 375. I .Dunedln, August 17. Stock Exchango sales :— ' Sailor's Bend, 7s. 6d. i Waihi Grand. Junction, £1 18s. 3d. • N.Z. Coal aud Oil, 4s. 1 Sales reported :--Waihi Grand Junuction, £1 18s. 6d.; Muddy Terrace, £1 35.; Watchman, 2s. 2d.: Eos;; GoldQelds, 4s. 2d.; Golden Bed, £1.

,V BOSS GOLDPIELDS. , A circular dated Bokitika, August 11, has been sent to shareholders, calliag an extraordinary meeting to be hold in tho Chamber of Contmeroe, Wellington, u u Thursday of next week. The business is set forth as under:— (1) To consider tho financial position of the company, and raiso 1 fresh capital, either by debentures, or by issuing the 10.0 CO unissued Ehares as preferential shares. (2) To consider the question of removing the registered office of the company from Hokitika to a place to bo. decided by the meeting. ■ : (3) To elect four directors to fill tho vacancies caused by the retirement of the* following :—Dr. Nee'.ey, Messrs. Michel; Murdoch, and Weston. A footnote in the circular reads:—"Since printing the above, an accident Ims happened to the power line. The mino is Hooded, and closed down. The services of as many employees as possible have been dispensed with pending the decision arrived at by the meeting on the 25th."