MINING NEWS.

Dominion, Volume 6, Issue 1693, 8 March 1913, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. There were no transactions in mining shares yesterday. The quotations were as under:— '

STOCK EXCHANGE. (By Association.l Auckland, March 7. Business done on 'Change this morningWaihi, £1 126. Grand Junction, £1 Is. Dank of New Zoaland, £11 55.. Union Steam, £2 9s. Christchurch, March 7. The following sales were reported on tlio Stock Exchange of Canterbury to-day;— Taupiri Coal, £1 4s. Cliristchurch Gas, £7 10s. National Insurance of New Zealand, £2 Ss. Canterbury Frozen Meat (pref.), £5 2g. 6(1. I Union Steam Ship, rights, 13s. Duncdln, March 7. The following sales were made on the Stock Exchange to-ilny:— J{ise and Shine, £1 &. £d., £1 Bs. The following sales were reported;— Union Steam, £2 !X>. 3d. llilburn Limo and Cement, £1 18s. 6d. WAIUI G.M. H.EI'OItT. Auckland, March 7. The following cablegram has been dispatched by the management of tile Wallii Goltl Mining Coinjany to the London office;—" No. 9 level, Itoyal lode, at 94ft. in the south crosscut drive to the west 20ft.; value per ton, 3fe,; width of lode about lft., driving suspended. No. 10 level lins been inspected, is in (rood order throughout. No. 2 shaft linking resumed." The Wnihi-Pacroa Gold Extraction Company shows a. net profit on last year's working of £8681. TALISMAN CONSOLIDATED. Karangahako, March 7. During the month of February the Tallfmnn Consolidated. Company ciT.shcrt and treated 5800 tons of ore for a yield of bullion valued at £19 229; the costs for tile omit month totalled 41s. lDd., made up as follow;—Miue development, lis.; mining. Us lOd.: millliilf, 13a. 10d.; Kcucral, Zs, 2d,,

The following cablegram was sent to London:—"No. 14 level, south drive, progress 18ft,, assays low; No. 4 crosscut* progress 67ft. Paid tributers for oro crushed, £57." DItEDGING.. Ounodin, March 7. Dredging returns: Karaunui, 390z. 9dwt.; Electric No. 1, 16oz. 12dwt.; Masterton, lloz. lldwt.; W<aikaia, 8oz.; Koputai. 3oz. 16dwt.; Success (West Coast), 230z. 13dwt. LONDON MINING QUOTATIONS. By Telegraph—Press Association—Copyright London, March 6. Yesterday's closing quotations were:— i Waihi, 31«s. lOd. (buyers), 335. Id. (sellers); i Talisman, 355. and 40s.

Buyers. Sellers. 1!». d. £ s. d. Kitnuiui Caledonian 0 0 9 0 1 0 Jlountain Kins 0 0 1 — Murray Creek (old) 0 6 0' — Murray Creek (new) 0 6 9* — New Syh ii 0 0 9 0 0 10 Eosa ■ Kcconstructed 0 5 6 0 5 9 Talisman — 1 17 0 Waihi . 1 12 3 1 12 6 Waihi Grand Junction ... 1 1 3 1 1 o Vaiotalii — 0 2 u 'Premium.