MINING NEWS.

Dominion, Volume 4, Issue 1097, 8 April 1911, Page 8

MINING NEWS.

WELLINGTON SHARE. MARKET. . A littlo more business'was done yesterday than in any previous day in the week, still tho dullness continues. W«ihis were a. shade firmer, selling up to £3 4s. 3d. Waihi Grand Junctions were steady. The transactions recorded wero as'' under:—'' Saxon, 2s. l»d. (first call);,2s. lid.' (second call). Talisman. 70s. (second call). Waihi, 635. 9d. (first call); 645. 3d: (third call). Waihi Grand ■ Junction, 275. 3d. - (first call); 27s- 4Jd. (third call). - Tho buying l and selling 'quotation's were as under;-:- . •. r Buyers. Eplloriw i ■. ' ■£s; d. , ." £s. d Kapanga, ' ; o 0 6 0. 0 7 Kuranui Caledonian ... 0 10; 0 12 May Queen 0 18 0 1 10 New Zealand Crown ....... 0 J 6. — New Big River .3 70 ' 310 0 New Sylvia ....... 0 2' 9 0 ' 2 10 Old Hauraki 0 1 10 0 2 0 Saxon o .2 1 0 2 2 Tairua 8r0J10piimU5,........ 0.-1 4 ....." - •. Talisman ''.....V.H. 2 9-9 -2 10 6 Victoria — " : o-"i Y }}>ilu C.mLt.L.Jf 4°*' " 3'4 9 \<aihi Grand Junction ... 1 7 3 17 6 Waitangt 01 H■ '•'— ■■ 1 Watchman — p 2 6 Yesterday the Wellington Stock Exchange received the followin? telegram from'the Talisman Consolidated—March Tcturn' Crushed 4300 ton: for £18,472 le. 6d-„ costs' 355. 2d.; development. 7a. 2d:; - mining,' 12«. <d.: lmUinp, 13s. 9tl: general, Is. lid. Sent London following cablegram:—No. 13 level, south drive, north from No. 12 winze, progress reef wider than drive, assay value £10 17s. 6d.; driving south from No 12 wl^ G ; n pros r e ?s reef 54in. wide.assay £13 10s.; sinking No. 15 winze, progress JgJ ' r Wl[ * cr than workings, asay £14

STOCK. EXCHANGE.,.. (By Telegraph.—Press Association.) • Auckland, April ?. - Business-at this morning's-call of tho Stock Exchange included;—. Four-in-Hand, 3d. Talisman, £2 9s. 9d. . Vaihi, £3 3s. 9d„ £3 4s. <Gnind Junction, £1 7s. 6d. Kauri Timber (con.), 16s. 3d. Wilson's Cement, £2 16. 6d. ' The following business was done at the 3.15 p.m. call to-day:— Old Hauraki, Is. lid. Talisman Consolidated, £2 10s. 3d. Waihi Grand Junction.. £1 76. 6d. Standard Insurance, £1 9s. Eimu Timber, £1 10s.

Dunedin, April 7. Stock Exchange sales reported;— . New Zealand Drug, £2 9s. Christchurch Meat (£2 paid), £3 2s. 6d. New Zealand Paper Mills, £1 3g. lOjd. Talisman Consolidated, £2 9s. 6d. Waihi Grand Junction (forward delivery)

CONSOLIDATED GOLDFIELDS. (By Telegraph'.—Presa Association.) . Reef ton,. April 7. The following are the returns for the Consolidated Group of Mines for March, I9ir~ Progress-Crushed" 4500 • tons; yielding 812oz. 6dwt. of bullion, valued at £3335 10s--2d.; cyanided 2640 tons, yielding 1540z. 6dwt. bullion, valued at £489 18s. Id.; estimated value of sulphurets' produced-£679 Wealth of Nations-Crushed. 1755 tons, yielding 5830z. 18dwt, valued at- £2411 18s 3d.; cyanided 1C93 tons, yielding 3130z.2dwt.. valued at £960 3s. 6d. ° ■ Elackwatcr—Crushed 3817 tons, yielding 16<IOoz. 17dwt., "valued- at £6688 175.-sd,- cyanided 2453 tons, yielding 2600z. 17dwt.', valued at £779 13s. 3d.; estimated value of concentrates produced £531.

MINING AT KEEFTON. The "Inangahua, Times" reports that the Blacltwater South Gold Mining Company' which is driving a <C 0 feet tunnel, struck a good reef 3 l'eet wide and gold-bearing at I<3 feet. It is' supposed that tills is a continuation of the Birthday Reef on which (ho lilackwatcr mine is based.' Special attention now being pa'd to the reopening of Kirtvan's Reward" diitnct. Several. parties have taken out a number of areas, and vigorous prospecting is being resorted to. The new find in tho Mcrnjigs district caused: a number of claims, to be applied for at last Warden's Court. Mining, m fact,-as far as nros-" pecung goes, is very , brisk just now!' .

DREDGING. (By Telegraph.—Press Association.) • Duncdin, April 7 Dredging r returns: 939 Dredge, S7oz. 2dwt. Llcctric If, 440z. ; havaumu, 330z. 17dwt' Manuherikia, 210z.; Electric I, 17oz 2dwt' Kopi.tai, 13o Z . sdwt.; Waikaia, l3oz. sdwt] 16dwt.; Mastcfton, 6oz. lCdwt.