MINING NEWS.

Dominion, Volume 5, Issue 1514, 9 August 1912, Page 8

MINING NEWS.

WELLINGTON SHAKE MARKET. Only three sales of mining shares were recorded yosterday. They were as under:— New Sylvia, Is. 3d. (second call). Waihi Beefs, Is. 2d. (first call), i Waihi Grand Junction, 225. 3d. (first call). The buying aud selling quotations were as under:— Buyers. Sellers. ' £ s. d. £ s. d. Dominion 0 0 3 — . New Sylvia 0 12 0 13 Talisman 2 16 — Waihi 1 14 6 Waihi Eeefs 0 11 — Waihi Grand Junction ... 1 1 9 — Waitangi 0 18 0 19 STOCK EXCHANGE. (By Telegraph—Press 'Association.) Auckland, August 8. Business done at this morning's call:— May Queen, Is. New Sylvia, Is. 4d. to Is. 2d. Waitangi, Is. 10d., Is. 9d. Waihi, £1 14s. 6d. Talisman., £2 2s. Waihi Beef*. Is. 3d. Grand Junction, £1 2s. New Waitaia. Is. 4d.. Is. sd. The following business was done at tho 3.15 p.m. call to-day:— Bonanza, lid., 2d. Waiotahi, 2s. ■ Dominion, 3d. Mountain King, 2Jd., New Sylvia, Is. 3d. Waitangi, Is. Bd. Waihi, £1 14s. 9d. Wcstport Coal, £1 Bs. 3d., Chrlstchurch, August B. Sales reported:—National Mortgage. £3 195.; Christchurch Meat, £15 55.; Talisman, Sales on 'Change: Chrfetchurch, Meat, £15 ss. Dunedin, August 8. Stock Exchange sales:— Waitangi. Is. 9Jd.. Is. 10* d. New Sylvia, Is. 3Jd. Bank of New Zealand. £10 16s. 6d. WAITANGI. Assay Values of Five Samples of Ore Taken From No. 3 Level Fast of Break or No. 2 Crosscut. No. 1 Sample: 5 feet east of hrca,k—Width of 4 feet: assay value, per ton. £2 2s. 23d No. 2 Sample: 20 feet cast of break—Width of 3 feet; assay value, per ton, 18s. 3Sd. No. 3 Sample: 40 feet cast of break—Width of 3 feet; assay value, per ton. £2 3?. 81d. No. 4 Sample: 50 feet east of break—Width of 2 feet; assay value, per ton. £1 If?. 113 d. No. 5 Sample.: 70 feet cast of break—Width of 8 fee'.: aa-ay value, per ton. £1 3s. Bid. Note—No. 3 level is about 250 feet verticil above the low level tunnel, in which the break mentioned has just been interfected. The drive at No. 3 level only exposed n portion of the reef n« when innde before Mr. Stansficld took charge there wore no air drill? in n?e. nnd in rim.-?. qupiicc the drive kik mostly in the nounty rock on the hangine-wali =in> nf Hie reef A mr.if.3jre received yesterday Mates tint the thirtieth sample of ore taken from the main drive low level for a width of sft and a. total distance of 3S76ft„ gives an assay value of 19s. IJd, per ton.