MINING NEWS.

Dominion, Volume 5, Issue 1264, 20 October 1911, Page 8

MINING NEWS.

WELLINGTON SHAKE 3EAHKET. Waihi Grand Junctions declined yesterday in sympathy with the backward movement in Waihi. Now Sylvias advanced on rumours that the sccond return will be much larger than the first. The sales recorded were as under:— New Sylvia, is. lid., Is. llsd. (third call). Waihi Grand Junction, 345. 3d. (first call), 345. 9d., 345. M. (sccond call), 355., 345. 9d.» 34a. 9d. (third call). ?hd buying and selling quotations were ad under:— Unyen? Sellers. £ s d £ a. d. Bonanza 0 0 2J — Con. GoldQelds — 019 0 1 Kuranui Caledonian Oil 014 May Queen 0 2 2 — Moanataiari 0 0 7 — New Sylvia ; 0 1 11 0 2 1 Saxon ; 0 13 0 110 Tairua Mines — 0 0 8 Talisman 2 10 6 2 11 0 Waihi 3 5 9 3 6 3 Waihi Grand Junction... 1 14 9 1 15 0 Waitangi 0 3 0 0 3 4 Watchman — 0 2 0 Ross ; 0 1 10 0 2 1 Worksop Dredge — 2 8 0 STOCK EXCHANGE. (By Telczraoh.—Press Association.) Auckland, October 19. Business done at this morning's call of the Stock Exchange included:— May Queen, 2s. 3d. Bonanza, 3d. Occidental, 3d. , Waita.ngi, 3s. Id. Golden Cross, Is. 3d. » Talisman, £2 10s. 9d. { Waihi, £3 65., £3 "6s. 3d. Grand Junction, £1 15s. to £1 14s. 6d. The following business was done at the ' 3.15 p.m. coll to-dav:— 1 Waihi, £3 ss. 9d., £3 ss. 6d. i Waihi Grand Junction, £1 14s. 5d., £1 14s. 3d. Waiotalii, 3s. 4d. Golden Cross, Is. 4d. National Bank, £6 Cs. 6d. Northern Steamship (p.u.), 15s. 7d. Ouncdin, October 19. Stock Exchange sales:— Waihi Grand Junction, £1 15s. 3d., £1 15s. 2d. Wcstport Coal, £1 85. 9d. Sales reported:— May Queen, 2s. 3d. Westport Coal, £1 Bs. 9d. ■ WATCHMAN G.M. COMPANY. The report of tho Watchman mine manager for the last week is 33 follows:— City of Dunedin Keef.—This face has bcon advanced an additional 18 feet, making a total of U8 feet from the turn off. The reef continues to maintain its promising appearance. I am taking the drive in the centre of the reef with neither wall in view. Sunbem Low Level.—This face has been advancer. 15 feet, with three shifts. I am at present penetrating a face of all quartz, which is bad to bore and blast, and has made progress slow for the past week. Gold continues to be seen in tho hanging wall portion when broken, which is being saved for treatment. There is approximately 36 feet to connect these two levels. Windfall Koef.—One shift has been engaged driving this face on the footwall. which is composed principally of white sandstone, with ribs of quartz running through it