MINING NEWS.

Dominion, Volume 5, Issue 1364, 15 February 1912, Page 8

MINING NEWS.

WELLINGTON SHARE JIAKKET. The sales recorded yesterday were: Waihi firand Jnnctinn, 27u. 3d. (first call), and Waitaiißi, 2=- Id. (scfond call). The buying and telliiiß tiuotalions were as under:— Uu.vers Keller? £ s. d. .P = d Con. Goldflelds - 0 16 0 May Oiiocn 0 1 5 Nsw IHir liivcr - 3 17 0 Xevv Sylvia (114 0 16 Taxman '. 2 12 0 2 13 0 Waihi 2 2 9 2 3 0 Waihi Grand Junction... 16 9 17 3 Waiotahi 0 3 6. - Wnitangi 0 2 2 0 2 1 MINK MANAGERS' REPORTS. Oci-identa.l Consolidatcd.-Thc i-outh drive on Xo. 2 reef has boon advanced to 50 feet from tiie (.TOf.<ir;il. Ten pounds nt pk-ked stone were won duriiig Hib week from the drive, ami the reef is continuinjr in a pond class of country, fining north on Xn. 2 reef, colours of cold were seen in tlin quartz broken out. From the slope on the Occidental reef about, 51b of picked stone were cot, and a little ;ro!<l h sliowing. Waitanri Con.-olidated.-Mr. Adams has forwarded two simples for aosay, rcprt--entinp 'ho third and fourth sw.lion of two feet each iicroas the reef in the crusscut of Xn. 2 winze. PICShIIs are in follow.— 3rd action, Id.: «li M-ctiou. £6 12s. 2d. Jit. Welcome.--The winze is down 35 foot. The reef at last. Inciskinc-down showed a (••unpad body of stone, fully six niches wide, lloth reef and country arc fnrniir- " Six<ll1 —Tlip cnlarpinK of the ahaft ims hcea inl.-rfercil with by the mnpiry wcatho.; cu'MUi,' the pas to be Iroublci'oir.o. Tiie i> now enlaiswl below lu> 5 level In within ffl feet of the hack of No. 6 chamber. The subsidiary cro/scut nt the If* f<"'l level i~ in 365 feet. Another 35 feet will complete the allotted difitnme. Thames Deep Level:;.- The n:ain rrossciit. al the IK* feet Iμnl has been extended a further distance, of. 25 feet for the week, and.

ii small loader about 6 inchoH in thicluieFs wiu passed through mi liffi;ty, carrying n. good i-l:i.«s of. mineral. The subsidiary crosscut in the Saxon ground has a further .)5 feel io drive to complete the 400 fi-et. far which the Deep Levels hoard w responsible. This will leave a further 300 feet to l-c driven by the Saxon Company to reach a point under Ihe main shaft. Old ifnm-aki.-The manager, in his weekly report, states that the i-oaward fare at the 3CO feet level is along 603 feel. Both the eouutry and the reef carry favourable mineral in'dicntions. Sloping No. 1 block, two stones produced 201b. of picked stone during the week; No. 2 block, three elopes in progress, colours of sold seen; No. 3 block, three slopes, five pound* of pinked stone were got from No. 1 slope. At the .100 feet level, the seaward face is alone 330 feet, and 151b. of picked stone were sot. In i\"o. 2 block, three slopes arc in progress, the reef being small.

STOCK EXCHANGE. USy Tolccrach.— Prcis ABsoela.tlon.l Auckland, February 14. Husino?s done on 'Cliaugc this morning:— May Queen. Is. id. Occidental, 10« d. IVaiotahi, 3s. 6ri. Wa.itangi. 2s. 2d., 2s. «. Orown, 3s. <ld. . ' Talisman, £2 13s. firand Junction, £1 75., £1 7s. ;3d. Mountain King, 4d., 4{d. New Waitaia, Is. Id. New Zealand Insurance. £4 17b. M., £* 18s. Auckland fias, £3 63. 6d. Northern Steam, 14s. 6d. Auckland Trams (ord.), £1 Ss. 9d. The following business was done nt tho 3.15 p.m. call of the Stock Exchange :- Sylvia, Is. 5d.; Waihi Grand Junction. £1 75.-.'New Waitaia, Is. Id.; Hauraki ltcefs (con.), 9d.; Waihi, .€2 2s. 9d.; Waitangi (con.), 2s. 25.; Talisman (con.), £2 123. 6d.; Waiotahi, 3s. 7d.; N.Z. Crown, 3e. 3d. Chi-lstchurch, February 14. Sales reported on the Canterbury Stock Excbangc were— Xew Zealand and Hiver Plate Land right only), Is. 6id.; New Sly via, Is. sid. Dunedin, February 14. Sales on the Stock Exchange to-day Waihi Grand Junction (two parcels), at £1 7s. 3d. A sale was reported of Waihi at £2 ss.