N.Z. MINING SHARES.

Dominion, Volume 3, Issue 930, 24 September 1910, Page 10

N.Z. MINING SHARES.

••'<• 'CONDON QUOTATIONS. By Telegraph—Press Association—Copyright. London, September .22. _ Sharcmarkct quotations include:—Waihi G.M., buyers IZGs. 3d., sellers* . 9d.; Waihi Graud Junction, buyers 355., sellers 365,. 3d. ; '■ WAIOTAHI MINE., (By Telccranb.—Special Correspondent.! Auckland, September 23. .. An important statement regarding tho opening -up of the Waiotahi mine at a greater depth was made .by Mr. 0. : Hudson, chairman' of directors of the Waiotahi, Company, yesterday. ".The shaft at present," said Hudson, "is down 450 feet, and sinking was commenced about threo weeks ago, tbo manager being of opinion that, under favourable conditions, ho will be able to get down a: further 150 feet to 2GOO feet. : Last'week a;small goldbearing 'stringer and improved - country were met with. .This is distinctly encouraging, because the ■ manager thought the shaft was on'a hard bar of country, and he did .not expect, to. see any: gold going down; ; and it is important because it seems to show that gold-bearing, country' is still being penetrated.".-"Mr. Hudson stated that the drainage of the Waiotalu mine will have commenced before ; the deep levels crosscut has reached;' at ■■. and advantage/will be taken of this ,to still, further: siiili tbj. shaft so that the latter should; be'down to close .on 1000. feet as soon .as the -crosscut lias .reached- that; point, so that there should bo no delay in making.a connection. He adds: "One ob- ■ loot'.'in sinking now is to show shaioholders and the public generally that we intend to open up' our deep levels at the earliest 'possible ■ moment. We ■ have the money reserved for the purpose,; and we are going, to,.spend..it." ' -. ■; ', BEEDGIKGi 'V ' •' (By Telegraph.—Press Association.) . Dunedin,. September 23., . Dredging: returns: Koputaa,' 4Soz. .sdwt.; Karaunui, 350z. 18dwt.; Mystery Flat, 270z1; Masterton, 250z. 17dwt.; Yfaikaia, 250z.; Electric t,220z. ! ; Muddy Creek, 15oz. 6dwt.; Central Charlton,: 140z., 17dwt.,.. . ■ LIVE STACK SALES, ETC. Reports of live stock' sales and wool, skin, and hides sales will be found on page 22 of this issue. .''■