MINING NEWS.

Dominion, Volume 4, Issue 1070, 8 March 1911, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. There was a decided improvement yesterday in thq quotations . for Ts.lismau3, Waihis, Waihi Grand Junctions, and New Sylvias. Saxons weakened on heavy selling of profit-takers. The transactions recorded woro as under:— New Sylvia, 2s. B*d., 2s. 9d., 2s. 9d. (first call). Saxon, 2s. sd. (first call). Talisman, 46e. (first call), 465. (second call). Talisman, new, 40s. 6d. (second call). Waihi. 635. 3d., 635. 6d. (first call), 645. (second call). Waihi Gr.-.nd Junction, 255. 6d. (first call). The buyVig and selling Quotations were as undentBuyers. Sellcre. ■ . . . ,£ s. d. £s. d. Bremncr's — 0 0 4J Con. Goldficlds - 018 0 Kuranui Caledonian — 0 14 May Queen 0 110 0 2 0 New Sylvia. 0 2 9 0 211 Saxon — 0 2 4 Talisman (new) 2 0 0 2 10 Talisman 2 6 0 2 6 3 Victoria 0 10 - Waihi 3 4 3 3 4 9 Waihi Grand Junction... 15 9 16 6 Waitansi 0 2 0 •- Boss Reconstructed — 0 2 6 STOCK EXCHANGE. i (By Telcsrajh.—Press Association.! Auckland, March 7. Business done at/this morning's call included:— • / . . . Kuranui, 4d. New Sylvia. 33. 9d. Saxon, 2s. 2d. . Waiotabi. 3s. Id. ■ Crown, 3s. 9d. Golden 13elt (paid). 5d., s|d. Waihi, £3 45., £3 n.s. 9d. Waihi Kcefs, 2s. 3d. Waihi.Extended, 2s. Grand Junction, £1 65., £1 6s. 3d. The following business was done at tha 3.15 p.m. call to-day:— Now Sylvia, 2s. 9d., 2s. Bd. Waiotahi. 3s. ■ . . Mount Zcch.in. 4£d. New Zealand Crown, Js. Bd. Golden Belt. sd. Golden Cross, 9d.. 9Jd. Talisman Consolidated, £2 ss. 9i.. £2 6s. Waihi, £3 55., £3 4s. 9d. Waihi Grand Junction, £1 6s. 3d. New Waitnia, Bid. Bank of New Zealand, £11 is. ■Wilson's Cement (ord.), £2 Is. Dunedin, March 7. Stock. Exchange sales:— Waihi. £3 4c. 3d., and, for forward delivery.' £3 Is. Cd. ... Sales reported:—Sailors' Bend, 55.: N.Z. Paper Mills. £1 3s. 6d.. £1 3s. 6d., £1 3s. 9d., £1 3s. 9d., £1 3s. 9d.; Union Steam, £1 17s. Cd.; N.Z. Ornir (new issued 2s. prem.

1 , Clirlstchurch, March 7. T!)D sabs reported on the Stack Exchange of Canterbury to-d.iy were:— Talisman Consolidated, £2 ss. 9d. Grand Junction, £1 ss. 6d., £1 ss. 9d. LONDON MIXING QUOTATIONS. n.v Telegraph-Press As«-v-<-"-. - .-,,-~i ß i,t London, March 6. The Stock Exchange quotations include: Waihi Golrt-mining, C6s. 3d. (buyers), and 68s. 6d. (sellers): Grand Junction, 245. <d. (buyers), and 255. 7d. (fellers). CONSOLIDATED GROUP OF MINES. iiiy TolCKiapta.—Press Assuclatlon.i Rcotton, March 7. The returns of the Consolidated group of mines for February are a.-, follow:— Progress.—Crushed 4500 tons, yielding 8940z. 15dwt. ot bullion, valued at .63299 <s. 6d. Cyanide'J, 2145 tons, yielding 1<607.. 4dwt., valued at .£487 18.9. IC<l. The £Ulphurers produced an estimated value of £335. Wealth of Nations—Crushed 1505 tons, yielding 5610z.. valued at. £2330 Us. 3d. Cyanided. 1041 ton*, yieldine bullion 3070z. 2dwt., valued at £1105 lls. 2d. No. 9 level south, last £0 feet driven, averaged an aseay value of £11 14s. per ton. The width sampled is 72 inrhes. Blackwater.—Cru?!icd 3313 tons, yielding 16490z. 17d\vt. of bullion valued at £5785 Cs. <d. Cyanided, 19*4 lons, yielding 2740z. 13dwt. bullion, valued at £823 19s. Concentrates produced an estimated value of £391. TALISMAN CONSOLIDATED. (3y Telcsranh-Pres- u«.;r1.",M0n.l Auckland, March 7. During the month of February the Talisman Consolidated crushed and treated 3600 tons ore for a yield of bullion valued at £16,153 13s. lOd. The costs for the past month totalled £1 17s. Si., mado up as follow:—Mine development, Bs. 3d.; mining, 12s. 9d.; milling, 14s. 2d. NEW BIG EIVER. <By Telegraph—Press Association.! Rcefton, March 7. The New Big Eiver return was:-3850z. 4dwt. from the battery, not 3<00z., as telegrapltcd yesierday. TALISMAN. The following telegram was received by the. Exchange from the Talisman Company:— February returns, 36C0 tons, for £16,153 13s. IOd.; total easts,. 375. sd. Mine development, 3s. 3d.; mining, 12s. 9d.; milling, 14s. 2d.; general, "s. 3d. Following cable dispatched to London:—No. 13 level, north: Progress, lift.: width of reef, 54in.; values low. No. 13 level south: Progree*, 68it.; width of reef, 2<!in.; values low. Commenced sinking No. 15 winze at a point 745 ft. south; progress, 15ft.; reef wider than winze; assay value, £12.