MINING NEWS.

Dominion, Volume 5, Issue 1497, 20 July 1912, Page 8

MINING NEWS.

' WELLINGTON SHAKE MARKET. A sale of Ross Gpldflelds at ss. lid. reported at tho moraine call, was the only transaction recorded yesterday. The buyInc and eelling quotations were as under:— Buy«rn.' Sellers. £ s. d. £ s. d. Kuranui Caledonian — D 1 4 Occidental 0 10 0 13 Ross Ecconstructed 0 5 9 0 6 0 Talisman 1 19 6 1 19 9 Wajhi 1 15 3 1 16 0 Wflihi Jiccfs ' 0 0 10 — Wnihi Grand Junction ... 1 1 9 12 3 Wiutanfci 0 0 6J 0 0 7} The Wellington Stock Exchange received tlio following tclcßram yostcnlny from the Old Hauralii Company:—Crushed 60, t.ons anartz and 651b. picked stona for 1340z. 15d\vt. melted cold. GOLDEN BLOCKS (TAITAPU). The report of the Goldon ■ Blocks ffeutnpn). Ltd., for the year ended DeeenOor 31, 1911. Mutes that the profit and lo<>> :trrnnnt phows n profit of £83 on the y;ar's u-orkinc. which, deducted from the ba.la.nne bi-oupht forward from last year, leaves o, dobil ol £2105 to narry forward to th) nojrt ar.ooimle. The Wlrt won thirlas the vo&r 1311 unjouated to Umoi»

rcalisinc £4275. The following crushinKS have been made up to date in 1912'—February 7, 168oz.; March 9, 1940z.; April 10, ■1630z.; Hay 6, 193 oz.-total, 7250z. A new mill was purchased to replace the one destroyed by fire; this commenced workinE ;ii November, 1911, and. has steadily continued crushing since then. Development work has been carried on in the new No. 4 level. The block of stone, so far as explored, is small in extent, but the agent in I*ew Zealand anticipates that other blocks of stone will como in, and sees no reason why the ground below J\ T o. 3 level 6hould not be at least as Rood as that above it. The directors, therefore have every reason to expect that regular crushing will not continue. A fair amount of payable ore is still beinc found "L-ouk^ cr RttAh beinß put

STOCK EXCHANGE. IBs TcleirrsDb.—l'rtsp At«uoittlo»J Auckland, July 19 Business done at this morning'e call — New Sylvia, sd. Occidental, Is. 2d Waihi, £1 15s. 9d. Grand Junction, £1 2s, Union Steam, £2 6s. The following business was done at tho J. 15 p.m. call to-day:— New Sylvia, sd. isWS IC9l C 9s nS 6°a iaatOd ' £1 198 - H - £1 Waihi, £1 15s. 9d, JJaihi Grand Junction, £1 2s. Waihi Paeroa, £1 17s. .. ... . , . OuneSln, July 19. The following, sale was reported on tho Stock Exchange to-day :—\Vaihl Grand Junction,- £1 2s. 3d. '

DKEDGING ; '"■" _ , . Duncdln, July 19. DredprinK returns:—Koputai, «toz. Bdwtl; Karaunui, 31oz. 4dwt.; Electric I, 30oz. •sdwt,; electric 11. 2202. 6dwt.; TValkala, 17oz. 4dwt.