MINING NEWS.

Dominion, Volume 4, Issue 1094, 5 April 1911, Page 8

MINING NEWS.

'; WELLINGTON SHAKE MARKET. !. Another quiet day was'experienced by the' brokers yesterday, for only four transactions were recorded, and ' probably most of these wore on behalf of punters. Values were depressed, only one or two lines maintaining thir prices. The sales recorded were as under:— New Sylvia, 2s. l.Olcl. (third call). Tairua Broken Hills'. Is. 13d. (second call). Talisman, 50?. (third calk Waihi Grand Junction, Z7s. I'd. (third call). The buying and selling quotations were as under:— Buyer?. Erllers. ■ ■:." '" ■■■ ■£ id,-' £s. d. Con. Goldfields 0 IS 0 — Kapanga 0 0 6 0 0 7 Kuranni Caledonian 0 11 0 13 May, Queen 0 1 10 0 1 11 New.Zealand Crown 0 3 6 — New Big P.iver 3 5 0 3 10 0 New Sylvia 0 210 n 211 Old Hauralu — 0 2 0 Raxon 0 2 0. 0 2 2 Tairua Broken Hills ... 0 1 1 _ Talisman 2 9 9 S 10 3 Victoria — 0 12 Waihi 3 3 0 3 3 6 Waihi Grand Junction ... 1 7 0 17 3 Waitangi 0 1 11 0 2 1 Watchman 0 2 4 0 2 5 A telegram was received by the Stock Exchange yesterday from the New' Bic Diver Company, stating:—"Batterv, 2250£ ICdwt. melted gold; 235 tons cyanide. «o?.. IJdwt. bullion. 300 tons sands treated; total value, about £ICCO."

STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, April 4. Business done at this morning's call on 'Change included:— • • Saxon, 2s. Id. Victoria,' Is: Id. Katanga. 7d. ' ''Crown, 3s. Bd. .Golden Belt, £d. Tairua Mines, Is. Id. "Talisman: £2 IPs. 3d. : 'Waihi, £3 3s. 3d. Grand Junction. £1 7s. Auckland Trams (ord.), £1 ss. 6d. Mountain Eimu Timber, £1 Bs. 6d. Milne and Choyce (Ord.), £1 4s. New Zealand Paper, £1 3s. 6d. The following business was done at the 3.15. p.m. call to-day:— ..New Sylvia, 2s. 10d., 2s. lid. Watchman, 2s. • 3d. Mt. Welcome, 3jd. Kapanga, 7d. Talisman Consolidated, £2 10s. 3d. Walhi Grand Junction. £1 7s. 3d. "Northern Coal, 10s. 6d. Devonport Ferry (new), lis. Auckland Tram (ord.), £1 ss. 6d. Wilson's Cement (ord.), £2 Is. 6d. Christohurch, April 4. . Sales recorded on the Stock Exehaugc of Canterbury were:— . Hokitika Gas, £5 15s. 'N.Z. Shipping Co., £12. Stockton Coal, 4s. Talisman Consolidated, £2 10s. Dunedln, April 4. Stock Exchange sales reported :— Golden Bed, 14s. 3d. .May Queen, Is. 9'd. Watchman, 2s. 6d. N.Z. Paper Mills, £1 3s, 9d. Westport Coal. £1 9=. 6d. Dunedin, April 3. The following were the Stock Exchange quotations:— Dredging stocks: Blackwater (con.), sellers 95.; filackwater, sellers 10s.; Golden Bed, sellers 14s. 9d.; Hartley and Riley, sellers 165.; Island Block, sellers ss. 6d.; Mystry Flat, sellers 65.; No Town Creek, sellers 75.: P.ise and Shine, buyers £1 1C?. 3d.; Kising Sun, sellers £2; Sailor's Bend, buyers 45., sellers ss. Mining stocks: Kuranui Caledonian, buyers Is., sellers Is. 2Jd.; Saxon, sellers 2s. 3d:-, Talisman Consolidated, buvers £t 9s. 9d., sellers £2 10s.' 6d.; Waihi. buvers £3 25., sellers £3 3s. 6d.; Waihi Grand Junction, buyers £1 6s. 6d„ sellers £1 7s. 3d. . Investment- stocks: National Bank, sellers £6 Is. 6d.; Bank of New Zealand, buyers £11 45.: National Insurance, buyers £1 155.; N.Z. Insurance, buyers £4 7s„ sellers £4 95.; South British Insurance, buyers £3 9:'. 9d.; Standard Insurance, buyers £1 Bs. 6d.; "Union Steamship Company, buvers £1 19s. 6d., sellers £2 Cs. 6d.; Westport Co.il Company, sellers £1 ss. 6d.; Wc-stnnrt-Stockton, buyers 3s. 6d.: National Mortgage Co. sellers £3 75.: Natbnnl Mortgage (London P.egistor). buyers £3 2s. 6d.; Perpetual Trustees Co.. buyers £1 Is.; D.I.C. (ordinary), sellers ss. 9:'..: Milbum Lime and Cement (£1), buyers £1 18s. 9d.. Fellers £2; Mospiel Woollen Fnctor-", sellers £3 10s. fid.: N.Z. Drug Co. (£2). buyers £2 Bs. 3d.; N.Z. Parcr Mills, sellers £1 45.: NewZealand Portland Cement, rcllers £1 165.; Oamaru Woollen Factory Cn. fording,-), buyers £1 ss. 6d.; Oamaru Woollen Factory Co. (pref.). buyers £1 55.; "Otacro Baily Times," buvers £23 lCs.; M'Eeod's Soap, buyers £14 10s.

W.UIU SHARES. By Telegraph—Press Association—Copyright London, April 3. Waihi Gold-mining shares are quoted at 625. 6d. (buyers), and 655. (sellers). GOLD AT RUSSELL. (By Telegraph.—Special Correspondent.) Auckland, April 4. A report gained currency some twelve months ago that gold had been found at Russell, Bay of Islands. At the time nothing was done to ascertain the value of tho find, as the owner of the land would not. sell at, what was then regarded by v.-ould-be purchasers as a reasonable price, and would not permit any prospecting to he done. It is stated that. a. strone syndicate has now heen formed which will probably treat successfully with the proprietor of the land. Gold was found around Russell many years ago, but nothing like the fine specimens that have now been brought to light.