MINING NEWS.

Dominion, Volume 5, Issue 1374, 27 February 1912, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. Mining is dull so far as the development companies are concerned, but for the larger mines values are steady, although there is vcrv little speculation. On tlie West Coast of the South Island the labour difficulty is inconvenient, and is bcinsr felt 'bv the Consolidated group. Several attempts have been made to come to a satisfactory arrangement with labour, but so "far without success. Many of the smaller companies, both in Auckland ond the West Coast, arc petting protection, and closing down until the money position is better, and they are able to get in calls. There will he a mining revival when the labour troubles aro overcome. There were no transactions on 'Change yesterday. The buying and selling quotations were as under;Buyers. Sellers. £ s. d. £ s. d. Kuranui Caledonian 0 13 0 16 N.Z. Crown - 0 3 7 New Sylvia — u l o Ta!i=mau 2 13 6 2 13 9 WaShi 24 5 253 Wailii Grand Junction ... 1 8 9 19 3 Waiotalii J3 9 04 0 Waitangi ® 1 10 — Worksop Dredge 2 15 0 — Taranaki Petroleum — 018 3 Kotuku Oilfields (10s.) ... — 10 0 STOCK EXCHANGE. tlly Telegraph—Press Association,! Auckland, February 26. Business done on 'Change this inorniuß'- . ... Waiotaln. os. 9d. Cr6wn. 3s. 7d. Golden Cross, 3d. Waihi, £2 ss. Grand Junction, £1 9s Wailii Extended, Is. 3d. The following business was done at the 3.15 p.m. call:— Kuranui Caledonian, Is. 4d, Old Hauraki, Is. 6d. Waihi, £2 ss. 3d. Waihi Grand Junction, £1 9s. New Waitaia, Hid. Waihi-Pacron, (I.E. Company, £2 ss. Waiotahi, £1 19s. Occidental Consolidated, 9d. N.Z. Insurance. £4 14s. 6d. Auckland Trams (ord.), £1 4s. Tonson Garlick, £1. Wilson's Cement (ord.l, £1 19s. Duncdln, February 26. Stock Exchange: Reported sales New Zealand Portland Cement, £1 lis. Wailii Grand Junction, £1 Bs. 9d. Keep It Dark, £1. The following are the Stock Exchange quotations:— Dredging slocks: lilackwatcr, buyers Vs.; Electric, sellers 45.; Hartley and Itilcy, sellers 13s. Mining stocks: Consolidated Goldficlds, sellers 165.: N.Z. Crown, sellers 3s. 9d.; May Ouceu, sellers Js. Bd,; New Sylvia, sellers Is. 7d.: Old Hauraki, sellers Is. 7d.; Waitangi, buyers Is.. Is. Ul.; Talisman Consolidated, buyers £2 135., sellers £2 14s. 3d.; Wailii, buyers £2 55., sellers £2 ss. 6d.; Wailii Grand Junction, buyers £1 Bs. 9d., sellers £1 9s. 5d.; Waiotahi, buyers 3s. 7d., sellers 3s. lid. Investment stocks: National Bank, buvers £5 l<s. 6(1.; Westport Coal Co., buyers £1 75., sellers £1 7s. 6d.; National Mortgage Co., buyers £3 145.: D.I.C. (pref.), buyers £1 35.; Dominion Rubber, sellers 12s. (pref.); New Zealand Portland Cement, sellers £1 12s.