MINING NEWS.

Dominion, Volume 4, Issue 982, 24 November 1910, Page 8

MINING NEWS.

- ' WELLINGTON SHARE The market for mining shares was extremely'quiet yesterday, and the tendency generally was - downwards. New Sylvias dropped;from 4s. ! to 3s. 10d., and'the lower price brought a lot of buyers in. The sales recorded were as under:— • » • • iffiy Queen, 3s. 6d; {third call). . New Sylvia, 45., 3s. lid., 3s. lid. (second call); 4s. 3s. 10id., 3s. lOd. (third call). Waihi Grand Junction, 31s. 9d. (first caJl); 31s. 6d. (third call). The quotations' and last 6alc3 were as uiider v ' Buyers. Sellers. Sales. £e. d. £s. d. £s. d. Bremner's — 0 0 9 — Kuranui — 0 0 6 - • Kuranui Caledonian 0 14 0 17 — May. Queen 036 039 036 New Sylvia 0 3 9 0 311 * 0 310 Occidental 0 0 3 0 04' — ' Old. Hauraki 0 2 3 — . ' — . Saxon 0 16 0 17 — Talisman - 213 9 214 0 ; — Waihi 6 10 6 2 0 . — Waihi:-: GU June.... 11l 3 111 6-.'111.6-Watchman — • 0 3 4.- '—. Wairau Talley .... 0 1. 5' — — Blackwater ~ - 1 11 0 — Con. Goldfields —: 10 3 , — New Big River .3 10 — Progress — 013 0 — * Ross Qoldfieldsw 0 2>B 0 2 9 —■* STOCK EXCHANGE. (By Telegraph.—Press Association.) , • Auckland, November 20. Business done:— Sylvia, 3s. lid." r 1 Hauraki Reefs (con.), 6Jd. Occidental, 4£di ' Komata Reefs, 7id. Tairua Broken; Hills, IsMdi > Waihi Extended, 3s. Id. Grand Junction,. £1 12s. Handsworth, s£d. N Mountain King,. Is. • The' was done at the 3.15 p.m. call to-day:— Waihi, £6 3s. 6d; Waihi Grand Junction, £1 lis. 94, Mountain King (paid up), 7d. . , Old; Hauraki, 2s. 3d. Hauraki Reefs (con.),'7d. Auckland Gas, £5 Bs. 6d. Dunedln, November,23, Dunedin Stock Exchange sales:— New. Sylvia, 3s. lid. Waihi Grand Junction, £1 115..,6 d.; for i" forward delivery £1 12s.- fid. Waihi, £6. Sa/leti reported:— Old'Hauraki, 2s. sd. ; Waihi Grand Junction, '£1 12s. 6d.» £1 lis. 6d; > • National Insurance, £1 14s. 6d. - ; . GRAND JUNCTION MINE. ' The following telegram from the Grand ; Junction mine was. received last evening by ; the Wellington Stock. Exchange:— 3 Are crushing 3CB tons per day. Actual extraction is 30s. per ton. Crosscut to 5 Mary lode, No. 3 level, 122 feet. Mary lode, 2 No. 4 level, east drive >134 feet, width of, I the reef 5 feet, value £2 lis. sd. West drive,' , 58 feet, width of reef 5 feet, value £1 14s. sd. Martha Jode, No. 5 level, east, 1050 feet - low grade.. Mary lode, No. 5 level, East a drive, 500 feet,'width of the reef 4 feet, . milling ore. West drive 76 feet, width of 1 the reef 4 feet, value £3 os. 3d. No.'2 lode, . No. 5 level, east, 826 feet, low grade. No. , 6 Royal lode. No. 5 level, east, No. 9 rise, is now up 53 feet, width of the reef is 4 foet, value £2 3s. No. 10 rise is now uj 38 feet, width of the reef is 4. feet, value £2 10s. 3d. No. 11 rise ics now up 30 feet, width .of reef 5 foet, Value-16s. 9d. No. 4 . Empire lode, No. 5 level, east, south crosscut off east drive at 980 feet cuts reef at about 461 feet, width of reef 7 feet, value J 15s. Cut reef .at about 480 feet, width of reef 3-feet,! value. £1 18s. 9d. WAIHI- GOLDMINING " COMPANT. ! (By Telegraph.—Pres3 Association.!. ' Auckland, November 23. , The following cablegram has been sent to the London office of the Waihi Gold- I • mining Company:—No. 9 level, Edward lode, north-from perch crosscut at 100 feet. The n total width of the lode is.so feet, 0 feet,, to 35 feet, the value is lis. per ton; from i 35 feet to 50 feet, £2 per ton. Edward lode south.from perch crosscut to crosscut at ' 100 feet, 0 feet, to 40 feet, £3 6s. per ton.; Martha lode, south section west of No. 4 ! shaft crosscut. 40 feet driven; valuo £1 12s. per ton. Reptile orosscut from R-oyal lode, n new reef, 10 feet driven; value £2 7s. per u ton.