MINING NEWS.

Dominion, Volume 5, Issue 1437, 11 May 1912, Page 8

MINING NEWS.

' ■ 1 WELLINGTON SHAKE HAJIKET. I The market was exooedincly Quite yes- ! terday. and values tended downwards. Two j gal-es of Talisman Consolidated at 445., re- ; ported at the afternoon oalft, wcro the only ] tra-iwactions recorded. The buying and , selling Quotations were as under:— j Buycr3. Sellers. . £ s. d. £ 8. d. Koep-lt-Dark - . 195 New Bier River 5 5 2 1 New Sylvia S, J n< a Occidental 0 10 5 1? Talisman — r,X 2 I Waihi - 11? J U9 6 ; Wnihi Grand Junction ... 1 .3 6 — Wftiotahi - , 5 ?'? Waitan<ri Oil 0 1 3 J | STOCK EXCHANGE. J > : (Br Telegraph.—Press Association.) ; Auckland, May 10. Business done on 'Change to-day:— : May Queen, Is. <d. Occidental, Is, 3d. i Rn.xon, 9d. • ' ; Kosb, 3s. sd. Vaihi, £2 os. 3d., £t -19s. Gd. Grand Junction. £1 4s. So., it <5. The following business was done at the 3.15 p.m. call of tlio Stock Exchange todav:—May Queen, 13, 2d.: Occidental Consolidated. Is. 2d., Is. 3d.; Saxon, 9d.; Victoria, 6(1.; Waiotnhi, 2s. 9d.; Watchman, • Is. 4d.; Waitanei Cor.Folidn.k-d. Is. 2d.: Ico*B , Gold field*. 3s. sd„ 3s. 7d.; Waihi, £1 j9s. 3d., . £1 195.: Waihi Grand Junction. £1 3s. 60., ■ £1 3s. 9d.; Northern Steam (con.), £3 113.; Union S.S. Co., £2 Us. 3 Chrlstchurcft, May 10. Sales reported on 'Change to-toy:— Standard Insurance, £1 lis. . Union Steam, £2 9s. 6d, t Dunedln, May 10. s Stoeli Exohange sales:— . . t Waflii, £1 19s. 3d. Waihi Grand Junction, £1 te. ■ 3 Sales reported:— f Waihi, £2; Wcstpcert CoaJ, £1 9s. 9d.; 1 liiso and Sliiise, £1. 3e. 6d. 1 J , DREDGING. Dunedln, May 10. t Dredginsr' returns:—Electric No. 11, 71oz. I. 15dwt.; Good Chance. 450z. 13dwt.; _ Kara--7 unui, 3207;. siiwt.: Master-ton, 270z. 14dwt.; ICoputai, 20oz. 17dwt.: Waikaia, 9oi. 3dwt„ WAIHI G.M. COMPANY. , By Telerraph—Press Association—OopyriEht. London, May 9. At ft meeting of' til® Wnihi Gold Mining Company,- the-, chairman .stated tint the r mine had paid over four millions and a s half in dividends. It had originally been purohasod. for ,£3COC. PROPOSAL TO SPREAD THE RISK. 13 (Rec. May ID, 9.20 p.'m:') o London. May 10. . 10 Mr. A. M. Mitchison, presiding at the meeting of the Waihi Gold Mining Co., 0 announced that the directors were taking a referendum of tlioir.London shareholders as to the desirability of eeekipg a new property, in order to spread the risks, ri He rogretted that th£y were unable to . cons'.ilt the Now Zealand shareholders, as > n it would entail a delay of several months, but action would be taken only il a subwj stontial majority of the English shareholders favoured the proposal. » . TALISMAN CONSOLIDATED. London, May 9. Talisman nhares are Quoted at 455. (buy- :■ ere) and 475. fid. (Millers). ' MOUNT LTELL DIVIDEND. Melbourne, May 10. n The Mount Lyell Company has declared )0 a dividend of Is. 3d. per sharo, parable O on Juno 15.