MINING NEWS.

Dominion, Volume 4, Issue 1210, 19 August 1911, Page 8

MINING NEWS.

Sv: K^ELBKfGTON SHAKE jrAEKET. ' The mining market experienced another dull day' yesterday, and a weaker tone was '/displayed "by the shares of several mines. The transaction recorded were as under:— ■rMiioiiliinaH .sild. (third' call). ■ 'XeV-Sylvia. 2s. 104., 2s. 9id. (third ca!H. Saxon, 25.: 5d., 2s. sd. (first call); 2s. 51d. (second call). The buying and selling quotations wero as under ;-*-

STOCK EXCHANGE. IBy Telegraph—Pre?e Association.) Auckland. August 18. '• Businessdono on 'Chance this , moraine:— Saxon. 2s. sd.'. 2=:' 4d. • .. - New Sylvia. 2sV 10d.' Moanataiari. 6d. Crown, 2s. 7d. . . Waihi, £5 Is. 6d. Cashmoro . Timber, £1 Is. The following business .was done at the 3.15 call to-day:- . • Hauraki Beefs (con.). Is. 3d. - Crown. , 2s. 7d. • - - Saxon, 2s. 3d. '. ' ■ New Waitaia, 3d. : Waihi. £3 Is: 6d. May Queen, 2s. 3d. New- Sylvia, 2s. 9d., ?,s. lCd.. 2s. 9d. Northern Steamship (paid up), 15s. Bd. -Northern Steamship (con.), 7s. 4d. Oaslrmoro Bros., Ltd., £1 Is. • • ■ : Dunpdln, August 18. Stock Exchange sales :— WaitaDEi. '3s. Id. ' ■' ■ Saxon, 2s. Hi., (two parcels). Union-Steam, £2 Is. 6d. Sales 'reported:— Waihi Grand Junction. £1 7s. 3d., £1 7s. 6d, (eight weeks' delivery). . . WAIHI MINE. i-£51,104 FKOJt 26,332 TONS. ; (By Telegraph.—Press Association.) Auckland, August 18. The return from the Waihi : mine for the period ended AuEUst 5 was £51.104 Bs. 2d.,- the ■ result of tho 'treatment of 26.332 tone. The total .bullion won to date is £9,554,267, and the- total dividends paid, £4.265,071. TJio latest report from the W;uhi mine shows that tho last three feet- on "the- Edward lode (crosscut at. 500 ft. No. 9 level) assays £6 Is. re , .' on, and for 48ft. driven on the same lode south from the perch crosscut the value went to £4 3s. per ton.' The north crosscut on the sow bottom level is in a total distance of 658 ft. LONDON MINING QUOTATIONS. London, August. 17. Waihi shares are quoted at 575. 6d. to 605.; Grand Junction. 265. 3d. to 275. 6d. ■ MOUNT LYKLL EETTJENS. Melbourne, August 18. Tho Mount Lyell returns from July 30 to August 9 inclusivo .show that 25.371 tons, of ore were treated, also 58 ton? of purchased ore. Tho converters prodded 511 tons of blister copper, containing 31,£03oz. of silver, 7710z. of gold, and over 600 tons of copper. DREDGING. IDy Telegraph.—Press Association.! Duncdin, August 18. Drodcing return,= :—Hartley and Riley. fi''oz.: 9E9 Dredge. 620z. 9dwt.: Mamiheriki.i. EBoz.; Electric No. T. 50oz. C-dwt.: Mnsicrtnn. 30oz. I'thvL; Koput:iS, 12nz. lJdwl.:. Mystery Flat, 10oz. ' lldvt.; Wailiaia, 9oi. 7<lwt. .

Buyers. Sellers. £e.d. £s.d. Con. Goldfields - 019 6 Kuranni Caledonian 0 13 0 16 May Queen 0 2 4 0 2 6 Maoriland - 0 0 51 Hoanalaiari — 0 0 6 New Sylvia, 0 2 9 0 2 10 Saxon 0 2 3 0 2 4 Tnirua Mines 0 10 — Talisman ill I 2 11 6 Waihi ........: - 3 19 Waihi Grand Junction ... 1 6 9 1'7 3 Wnitanei 0 3 0 0 3 2 Waihi-Paeroa 0 12 9 — The calls made recently! nud dno date of-same, as as under:— ' - £ e. d. WailanEi Oonsolid'd. Aub. 9 0 0 2 Ane.Sl Silver Stream Mine, Juno2 0 0 .4 Auc. 23 Ilauraki Roofs, Autr. 3 0 0 3 Aue. 24 nood Hope, June 4 0 0 05 Auc. 24 Watchman, August 10 0 0 2 ''Aug. 25 Kapanpa, August 15 0 0 2 Aub.29 Kuranui, August 9 0 0 1 Auc. 31