MINING NEWS.

Dominion, Volume 4, Issue 1090, 31 March 1911, Page 8

MINING NEWS.

WELLINGTON SHAKE MARKET. W'aihis were weaker yesterday, but Talismans were firm. Saxons gained a little, and so did New Sylvias. Waihi Grand Junctions were slightly easier at the cloEe. The sales recorded were as under:— Kapanga, 73d. (third call). New Sylvia. 2s. 10* d. (third call). Saxon, 2s. 2id. (third call). TalismalT. 495. 4d. (first call). Waihi, 645. 3d., 645. 3d. (third call). Waihi Grand Junction. 275. sd. (first call). The buying and .selling ouotations were as under:— Buyers. Gdlera. £ 3. d. £ s d Blackwatcr — 18 0 Con. Goldfields 0 18 0 - Kapanga 0 0 8 — Kurauui Caledonian 0 11 0 13 May Queen 0 1 10 0 2 0 New Big River - 310 0 New Sylvia 0 2 10 0 2 11 Old Hauraki 0 111 0 2 2 Saxon 0 2 1 0 2 2 Tairua, Broken Dills 0 10 - Talisman 2 9 9 2 10 0 Waihi 3 4 0 3 4 3 Waihi Grand Junction ... 1 7 0 17 5 Waitangi : 0 111 0 2 2 Watchman ...... — 0 2 7 Zeehan Consolidated 0 0 41 — ■STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, March 30. Business done on 'Change this morning:— Waiotahi, 2s. Bd. Watchman, 2s. sd. Mount Welcome (con.), 4Jd- to sd. Kapanga (con.), Bd. to 5(4 Golden Belt tpd.). sid.. sd. . Golden Cross, 9Jd. Waihi, £'3 4s. ■ Grand Junction, £1 7s. 3d. Northern Coal, 10s. 3d. The following business was done at the 3 p.m. cell to-day:— Wailii Grand Junction, £1 7s. 6d. Waiotahi, 2s. Ed. Talisman Consolidated, f.2 9s. 9d„ £2 10s. Mow Sylvia. 2s. lid. Occidental Consolidated, "id. Kapanga,' Consolidated, BJd., 3d. Northern Coal, 10s. 3d. Dunetiin, March 30. Stock Exchange sales:Waihi, £3 (a. Kales reported:— New Sylvia. 2s. lCd. Waihi, £3 4s. 6d. Waihi Grand Junction, £1 7s. 6d. May Queen. £1 7s.' 6d. Donagny's Rope, £1 4s. 6rt. National Insurance. £1 15s. Cd. Westport Coal, £1 Is. fid. WAIHI MINE. £60,258 FROM 30,355 TONS. ißy Telegraph.—Press Association! Auckland, March 30. The Waihi Goldmining Company's return for the four-weekly period ended March 18 is £69,258 from 30.365 tons. The total output of the mine to date (corrected) is £9,255,388. The manager of the Saion mine reports for the week ended March 25 that the contractors extended the crostcut r.t tho ICOOft. i level a further 20ft., making a total of 87ft. I since passing tho May Queen boundary. The country in the face at present is much firmer than was the case for tho previous •',oft. driven. The putting in of the 25in. ailpipes is boing proceeded with,' and it is honed to have tho work finished by the end of this week., The Dominion Consolidated Developing Company, recently formed in Wellington to work a series of claims in the Wakamarina district.. Marlborough, has pushed on with the work. A.12-stamp battery, complete with Bedans. has been erected, i ample water supply has been obtained, and there is an abundance of limber on the property for mining purposes. So far about £200 worth of gold has been won by, running the battery by a small supply of water. Mr. James Thomas, of Auckland, has been appointed mine manager.