LONDON WOOL SALES.

Dominion, Volume 5, Issue 1352, 1 February 1912, Page 8

LONDON WOOL SALES.

PRICES MAIXTAIXED. By Telegraph-Press Asjociation-Copyrish; London, January 30. At the wool sale there -.va'i ;:. larsc scieo ■fion Dml pi ices for the best classes wore fully maintained. All erusrbruiis and Euaiibioi" nicrjflM wore in layers' favour frci'.enily. prices liciatr nbout 5 per ccut. 10-.vcr. Jtossrs. Lovir. auc! Co., Ltd.. have received cable advice from tlieir agents in London thai, the following ciijie have been sold at the sale.- nrw current, on their account, the prices named bcins the average nricca realised for the flenco v.-onl in each, instance.—M/WAIMAXU, llant.»rlon, 5 : ; d.: A'GP/HAPCA, jlastcrton, 10 MM.; OTA11UAO, Mastcrton, ICJd.;AXOHOE/AWATO:-

TOI JliNStcrlon, 93d.; I?FM;MV fcon.jd.), Toniii '9 IMGd.; MAPU. Hutttcvville,B 13-16(1.; KAItUiL" Marlon. IOd.; HUDSOX.'Crofs lic.vp. .Mn-btcrloii, lU<iMessrs. Hurray, Roberts and Co., Ltd., li:i.ve received the following cablegram from their London friends, Messrs. Snndcrs-jn, .Murray and Co., dated January 30, with reference to tlie current series of wool "Market for best merino wools tliows no ehruißo. but for ;dl other descriptions market is weaker." tijiakt; wool s.vles. (By 'I'elesraiili.—Press Association.) Tlmani, January 31. The third wool sale of the season wad held to-dav. Nearly CCCO bales were offered, and most "of the wool was fold. There was a pood attendance or buyers, and competition w;i« keen within certain limits for each variety. The New Zealand Woollen MiiU bought larsrelj' of the liner grades. Generally tho wool was hcavic-r in condition than at the previous sales, and this affected prices, making allowance for the difference in condition, December prices were well maintained. Best halfbrcda fetched up to 12jd.; good, to 103 d.; medium, 9m1., 9]d.; and crossbred, best, to lOid.; medium, lo 9>d.; merino, to lid.; best piece?, to 9d.; medium pieces, to 73d. MINING NEWS. WELLINGTON SHAEE ifABKET. Waihte were decidedly firmer, with a distinct upward tendency. Apparently the manipulators of the market are satisfied or else there is a better feeling on the part of speculators. The sales recorded were as under:— Talisman, 50s. 9d. (first call). Waihi, 465., «s. 3d.. 465. lid. (second call). Wailii Grand Junction, 265. 9d., 275. (second 'The buying and selling ouotations were as under-- m^ £ 3. d. £ s. d. New BiR JUver 3 15 0 - Xew Sylvia ; - 0 15 0 1/ Boss Ueconstructed - ," » Tiiiismao 2W \ \" \ niti i 2 6 0 2 6 9 wkihi Graiid Junction ... 1 6 9 17 3 lVaiotahi «J ? "J^ Waitangi "23 0 - / The course of sales during the past month was as under:— Hauraki Kecfs, Is., la. • Tiloanatoiari, 3jd. Occidental, Is. 6d. . P.OS3 Kcconstructed, 2e. lid. Saxon. 12Jd. Talkmnn, «s. (&., «s. 9d., Ms.. Ms.. 605.. 50s. 5d., sfts. Sd., 515., Ms. 6d., 525., 515.. 515., Sis. lα., Ms. 41(1., 51s. 6d.. 60s. 6d., Hte. 9d. Wai'°ii! a 523. ill, 525. 9d, 525. 9d., Ms. 6d., Si-.. 9d., 5o«. 74(1-. 52s- 6d.. 515., 495., 455. 9d., 45= (6~ iSs. 3d.. 465. 4Jd. Wnihi 'Grand Junction. 295., 295. Id.. 29=. Id.. 235. 5d., 235. 6d... Ms. 6d.. Zfc. Jd., 2£s. 9d.. 265. 6(1., 265. 5d.,' 275. Waiotahi, ss. !}d.. 4s. <jd. lVaitansi, 2s. lCd.. 2s. 5c!., 2?. <d., Za. Hi.. 2«. 6d.. Z-: 6d., 2s. 9}d., 2s. 9Jd., 2e. lid., 3s. 9d.

STOCK EXCHANGE. (By Telegraph—Press Association.; ftuckland, January 31. Business done, at this morning's call included :— New Sylvia, U. 6(1. Wniotnhi, 4s. 5d.. 4?. 6d. Waitanjri, 2s. sd. ■Mount Welcome. W. Crown. 3s. Golden Cross, 7d. Tairua. Jlincs, 4d. Talisman. £2 Us. 3d. Waihi, £2 63. Grand Junction. fA Is. Taupiri Coal, £1 Is. 6d. The following business was done on the Stock Exchange at the 3.15 p.m. cull today—Mount Welcome Consolidated, 4d. and «cf.; Now Success. Id.; Waihi, £2 65.; Wniili Grand Junction. £1 fc. Oil; Mountain Kin-:, 3VJ. tlunedir,, January 31. Sto-k Exchange sales:— Waihi, £2 ss. We.unort Coal, £17s. Sale renortec!:—"Union Steam, £1 19s. 6d. ' CiiHstclnirch, January 31. The following sales were reported on the Stor.lt Forchant™ of Canterbury to-da,y:— Union Steam Ship, £1 19s. 3d.; Waihi, £2 6s. 6d. KOIIATA REEFS RETUEN. (By Telegraph—Press Association.) Auckland, January 31. For the four weeks ended January 20 the Komata P.eefs Gold Mining Co. crushed and treated 250 tons of ore for bullion worth £bC6, the crushing representing two weeks riiQ. DO2IINION DEVELOPING CO., LTD. Hi-. E. J. Collcy, secretary of the Dominion Consolidated Developing Co., Ltd., reports.—"The directors of the Dominion Consolidated Developing Co., Ltd., met Mr. Rhodes yesterday on his return from Blenheim, where he had been to iuspeet and report upon the company's mining claims'. Mr. Bhodes, who is the inauagor of the New Zealand Mines Trust, Ltd., was very favourably impressed with the prospect of the company, and advised the installation of a twenty-head stamp mill and savins plant. The Dominion Company mine is rich in Echeclite, and sufficient ore containing the mineral has already been developed to pay the cost of the erection of a battery and show a handsome surplus. Development now coins on upon the reefs indicates a large body oC ore containing cold and Fcheelite. nnd special machinery-'for treatins the latter mineral ■ will be designed by the Mines Trust, Ltd., which has become engineer* to (he company, aud will superintend the. installation and working."