MINING NEWS

Dominion, Volume 3, Issue 911, 2 September 1910, Page 8

MINING NEWS

:-'-.,;:.:<-.l, ■■——.:- v ;•■•■■ ....WELLINGTON. SHARE MABKEIV .-. Tile market Is very much depressed oiririg to the decline in Waihis, which'yesterday established a new low record, the shares changing hands at £7. At 1 the closing cati on Wednesday Waihis sold at £7 125., this' ■ included'tho. dividend' of 4s. per share; the- ■■ drop to £7 yesterday, therefore, represents: ■'a fall of Bs. per share. .It is. difficult to get any information that can'\be, relied upon to account for this fall. According to. some reports, the. mino is looking as well as ever, while others say that the decline is due to a "bear" raid.' It-is doubttui whether v there arc men. venturesome enough to play .with Waihis,. or who would care'to do much gambling in'.mining with, such, high-priced: stock. And ! yet, the. pronounced and - rapid fall-in", the. snares suggests that some unusual conditions pre-. vail, and -no one seems able to say : what; ui the matter. Talismans were aulet. yes-: tcrday, and there woro no-transactions in; ■. them... Waihi Grand. Junctions .were easier. The sales recorded were as,'under:— ' , New. Sylvia, . 35.. lOd,'. (third. call. ■'■.'■■' Waihi, £7 Is. (first call); £7 Is.; £7 Os. 6d„ £7 (third call).! , , . „ ,■ y „ v ■ , ,Waihi"Grand Junction,'36s. (second call); 355. 9d. (third call). . ~ ' Consolidated OoldfloldS; 21b. 6d. (hrst call).' Koss Goldflelds, 2s. iOd... Za.-'10d..--.2f1.' lid.' (third, call).'. . ... , . ' .•;'.'

'.' v''" STOCK EXCHANGE.. '~ •■. (By Telegraph.—Press Association.) "•.. ; ; '. : , Auckland, "September l! ' '■ Business: done on 'Change this morning :— '.May Queen, 3s. lOd. ':,: ;Waiotahi, 3s. 6d. '.•;■ ', ■■■■■:■":. V ■ Ross; 25,.10 d.'. ..,"• ■!.■ ;• '.-' ■■■■ \ .■;•,;•'■/ ■'■:: ; Talisman, £2-12s. 9d. - ■■.■■' ';" : '.'-,' Talisman, rights,. £1 ss.'6d. I Waihi (ex dividend), £7 3s. 6d. to £7 2s. Grand Junction, £1 16s. 3d. to £1 15s. 9d. Taupiri Coal,. £1 ; Os.. 3d.' ..' Bank of New Zealand,'£lo 6s. : . Kauri Timber (con.), 17s. 6d. / ■'■ (The following business .waa'done at the 3.15 p.m. call to-day:— ",:. "■■, Kuranui Oaledonion,'ls. sd. .■;.'. Waiotahi, 3s. sd.' ■ : . Mt.: Zeehan.'(con.), 7d..,; . Boss. Goldfields, 3s: 2d. ...' .'■';■■".-. ; vWaihi, £7 2s.', £7 2sr 6d., £7 2s. : '. Waihi Grand. Junctori,£l ! lss. 9d.i £1 15s. : 6d., £1 15s. 9d. - ' , . ~ . Ounedln, September 1. . Stock ,Exchange, sales:—. ' Waihi; £7.':■'■■■ Waihi Grand Junction,' £1 165., :£1 15s. Mosgiel Woollen, £3 4s. Sales reported:— '..■-. ■ i Hise and Shine, £2 2s, 6d., £2 2s.' . ■ Waihi (ex div.), £7 : 2s. 4d.■■■■■ Ross Goldflelds, 2s. lid.; '■.-■'.;''.'•:■ '■ Union Steam, '£1 16s: .. - ; ■ N.Z.. Goal .and .Oil, 55.: 6d. \ v

...;,•:■"-. VQUOTATIOMd' ;V ... / . ';; ■; .'..■• Buyers. Sellers. 8aVes."" '..' i .:■.- - ... £ B.d. £ B.d £.B.d.;': . Dominion ..._... •—•:.'' J $5 . "V : ., : Kuranul .:....:- '■ 0 0 6 . — /'. Kuranui Oaledn'n... '■ " 0 :1 8 ., — May Queen 0 3.. 9 ■ .0- A 0 „ - ■•-.■ . New Sylvia 0 33 0 3,10 0- 3 10; Old; Hauraki.;. 0 ( (,J 1 8,-.-,;- ;;; saxon : ! ..;;.::...;,.::..;..:..'o.;i;;5\ : :o:i'6'.;; ?-■■ ; Tairua,BrokenHill6 —.' ' 0 1 11V. .— ;. TaliBman ...'.....;../..:. - ■". 2,tZ ' 0 - ■■• : Talisman, rights ... l! 4 0.. 1,6/i0,.' .-;. ! .Waihi •.;..•...;.......;....'. 619 6 7 0 .0 7 OvO Waihi G'd. June. ;..' \— 116- 0 115 .9 Watchman! ...............0 2 3. 0 2 5 , -,. :■ Blackwatcr ...;.........— • }# 0 ,.T : , Oon. Goldaolds .;....• 1 1 3 1 1. 9 1' l;,-6 : . New.'Big, River ... , — ., 2 .15 0 .-- ' Kos3 Goldfields 0 210. 0 3 0. 0 211