MINING NEWS.

Dominion, Volume 6, Issue 1710, 29 March 1913, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. The sales recorded yesterday were Talismans, 375., at the first call, and 3&3. 9d. at the second call; Waihi, 31s. 9d., first call. Tlio quotations were as under:— Hnyors. Sellers. M 6. d. £ s. d. Kuranul Caledonian 0 0 8 0 1 b Maoriland — 0 0 3 Mountain King 0 0 1 — Murray Creek (old) ... —. *010 0 Murray (now) ... 0 8 6* — New Sylvia 0 0 8 Ross Reconstructed 0 5 0 0 5 5 Talisman . 1 16 6 1 17 0 Waihi ; 1 11 6 1 12 0 Wa.ihi Grand Junction 1. 0 9 113 i Wo.iota.hi 1 0 1 9 0 2 0 Waitnngj 0 0 4 0 0 7 ! Taranaki Oil Wells — 0 15 6 •Premium. STOCK EXCHANGE. (By Telegraph.—3?rcFtf Association.) Auckland, March 28. Sales reported Talisman. £1 17e. Waihi, JOl 126. - Northern. Steam (con.),' 17s. 1 ' Ghristchurch, March 28. Sale reported:—National Mortgage, £3 18s. Duncdin, March 28. Dunedin Stock Exchange sales reported:— Wa.ihi, £1 lis. 9d. (two. parcels) National, Mortgage. £3 165.; Golden Bed, Bs. 6d.; Milbui'u Lime and Cement Co. (10s. issue), £1 Bs.

WAnn GOLD MINING COMPANY. Auckland, March 28. Tlio Yfaihi Gold Mining Company, during the four-weekly period ended March 15. crushed and treated 13,819 ton 6 of ore for a. return of bullion of the estimated value of £25,477, compared with £46,C99 actual. realisation of bullion won from 26,433 tonj for the corresponding period of last year. The present' return shows a decrease ol MAY QUEEN.' Tlio manager of the May Queen mino, (Thames), in lias report for the past week, states that on the Exchange reef, poinp westward, in the No. 10 levei, ICCOft., work has been confined to taking a loatr leading stopo. A little gold/ lias been seen ill the limited; amount of quartz so far broken, whilst the reef in places 'look? promising. In the drive troins eastward t.lic Exchange reef, remains good. A little gold and an abundance ,of favourable minerals continue to be socn in the quartz coming to hand. HAUEAKI REEFS. Work in the Ilnuraki Reefs-mine (Coromiuidsl) during the past week was confined to the No. 1 level, Jlauraki lieefs section. Tile manager reports that the drivo. on the Golconda. reef, main level, was advanced, and a- few pieces of pood nicked stone were obtained at the last breaking down. The present 'appeal-once of the face is favourable for gold. Driving was continued in. the No. 2 level rjoiup east, and the quartz broken out shewed.'a, little pold. The drive coins out Hinder the face in this level from 'off the mam Btopes was a.!so advanced, and a little pold was seen in the quartz hroken'. Tlio drive going went" was extended, aiul_ the reef continued to look well. . A fair amount of quartz showing pold was raved for . treatment from the main stopce.