MINING NEWS.

Dominion, Volume 4, Issue 1147, 7 June 1911, Page 7

MINING NEWS.

WELLINGTON SHAREMARKET. Tho mining 'share market was quiet, and the tendency yesterday was for a lowef't-anKeTof -.values: Tlkj...transactions recorded,, jvere .as. under:— Saxon, 'teV * (second , call., ; Waihi...-605;.;.6d., 60s. 3d. (third call). Waihi Grand Junction. 263..3d. (first call), 26r.. Zd., 263.'.1 d. (third call). . : The buying''and .selling quotations were as under:- <-■■■;■■■ -■ -'-.-. Buyers.' 'Sellers. ..--.- .-:■■■-■ ;; ..£3. d. . '* ». a. Bromjier's Freehold 0 0 4 0 0 5 Knpangn, .;,,„.:..„.-.. 0 0 7 0 0 9 Kuranui Caledonian — "-}.-l May Queen ...:. ....'.....'.V — 0 15 Now Zealand Crown 0 '3 4 — New' Sylvia ~..:................-0 2<9 "2 10 Occidental 00.3 0 0 5 Old Hauraki • ....; 0 2 3 0 2 5 Paxnn .:....,- 0 18. 0 110 Talisman '. : ,-, 2 10 3 2 10 9 Waihi : : 30. 3 30 9 Wnihi Extended : - "017 Waihi Grand Junction ... 1 6 1 16 3 Waitangi ........,..; 0 2 .1 0 2 ,3 Waihi Paeroa • 0 10 .0 - Boss ..: ..- ..; »2 " CONSOLIDATED GOLDFIELDS. :• The Wellington Stock Exchange, received too following -telesram yesterday from tho Consolidated Goldfields, Ltd.:—"Progress crushed 4721 tons, yielding £4060; cyanidod 3070 tone, for .£1005; sulphurets produced estimated value £834, bullion rea!is"d smelter, £1071. Wealth of Nations crushed 1710 tons for £2«2, cyanided 1235 iowi for £890. Bulphurots produced estimated vatuo\ £76. Blickwater crushed 3460 tons for £6671, cyanided 1927 tons for £830. eulphurets produced estimated value, £499." STOCK EXCHANGE. (By Telegraph-Press Association.) Auckland, June 6. Business done on 'Change:— Kuranui. 5d., .Sid. Tairua Mines, Is. Bd. Tuirua Golden Jlills, Is. Id. Waihi, £3 Os. 3d. Grand Junction, £1 65., £1 6s. 3d. South British Insurance, £3 IDs. Auckland Trams (prof.), £1 ss. 3d. " - Tho following business was dc=e at the 3.15 p.m. call to-day:— Golden Cross, lid. Mountain King, 4jd. Waihi Grand Junption, £1 6s. 3d. New Sylvia, 2s. lid. Ka.pang.l, 7d. Saxon, 13. 9d. ■ Handsworth, 2d. \Vaihi, £3 os. 6d. Kuranui Caledonian. l!d. National Bank, £5 IDs. Witeon's Cement (ord.i, £2. Auckland Gas (new), £3 13s. 9d. Dunodln, June 6. Dunsdin Stock Exchango rales:— Kuranui Caledonian, Is. ■Sales ici)3Tt»d:-DominiDn Rubber, 12s. 6d. (prom.); Wailu Grand Junction, £1 6a. 1 3d.; Christchurch ?Icat, £16 Is. ' MOUNT MORGAN MINE. Ey Telegraph-Press Association-Copyright Brisbane, June 6. ' The Mount Morgan mins returns for May show that the go'.d reduction works treated BK9 tons of ore for. SKO ounces of :gold. Tho copper reduction works produced 615 tons of blister copper, containing: Copper, 600 tons, and gold, 7519 ounces the total value of the output, being £85,917. A shortage of labour affected tha output. ■' . ' ' EEEFTON MINING. (By Tclegraph.-Prcsa 'Association.) Rcoftotii June 6. Tho following are the crushing returns of tho Consolidated sroun properties, Wealth of Nations aiid lilnckwater mines, for May:— ■Progress crushed 4721 tone, yielding 9840z. .14rtwt. bullion, valued at 2s. Ud.; cyanided 3070 tons; yielding 3O007:. lSdwt. bullion, valued at £ICCS 85. id.; bullion from smelter, valued at £!C7S 165.; sulphides produced an estimated value of £843. Wealth of Nations crushed 1710 tonn, yielding (ftOoz. bullion, valued r.t .Wtl 14s 7d.; cyanided 1235 tons, yielding 2«oz. 16dwt. bullion, vaincd at £tBI 17s. 5d.; sulphides produced an estimated value of £76. An additional 15 head of stamps started running on Juno 1. Bl.ickwn.tcr crushed 3460 tons, yielding 16240z. 12dwt bullion, valued £6670 15s. M.; cyanided, 1927 tons, yielding 2520z. 15dwt bullion, valued nt £829 17s. 3d.; e.'itimated value ot sulphides produced, £499.