MINING NEWS.

Dominion, Volume 6, Issue 1722, 12 April 1913, Page 9

MINING NEWS.

WELLINGTON SHAEE MARKET. \ At tho morning call yesterday there were two sales of Talisman on 'Change' at 365. 6d. caoh, and 6alcs of Waihi Grand Junction were reported at lis. 6d., 17s. 9d., and 18s,; at tho afternoon call another sale of Junctions at l lßs. was reported. The quotations wero as under:— Buyers. Sellers.

> 'Premium. STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, April 11. Salo3 at this' morning's call:— Waitangi, Sid. Walhi, £1' 10s. ' . Grand' Junction, 17s. 6d. and 17b. 9d. Auckland Trams (ord.). £1 4s. 9d: Tho following business was doho at the 3.15 p.m. call;— Ross Goldficlds, 6s. sd„ ss. 4d. Old Haufalii, <!d. Waihi Graad Junction/17s. 9d., 17s. Gd. Auckland Trams (ord.), £1 4s. ?d. Christchurcli, April 11. Sales reported on 'Change:—Westport Coal, £1 7s. 6d.; Permanent Investment (Canterbury), £9 10s.: Wellington Woollen, £3 12s. 6d. Duncdln, April 11. Tho following Bale was made on the Stock Exchange to-day:—Now Zealand Drug Co. (rights), 4d. prem. The following sales were reported:— Waihi Grand Junction, 17a. 9d.; Bank of Australasia, new issue, £25; paid, £33 12s. 6d. SWASTIKA GOLD MINES. Tho following telegram was received by tho secretary of the Swastika Company yesterday from the majiacer:—"Kecf much improved; mineral disappearing; thing present oro will bo easily milled j dolly prospects host seen so far; 'wiring' assay values to-morrow." KOMATA KEEPS MINE CLOSES. (By Telegraph.—Prese Association.) Auckland, April 11. The Paeroa correspondent of one of the Auckland journals telegraphs :—The Komata, Reefs Mine-will be closed down to-morrow. All tho men, with the exception of about half a dozen, witl bo paid off. Tho mino has been working for a long time, but tho cost of production and the value of the output havo been very nearly equal, and it is probnblo that tho .mine will remain closcd for some time, unless ore of more payablo nature is obtained^ CROWN MINES, LTB. Auckland, April 11. The Now Zealand Crown Mines, Ltd., during the month of March crushed audi trcatod 1037 lons of oro for a return of bullion valued at £2647. Compared with the return for the corresponding period of last year, when 1822 tons yielded £4250. this shows a decrease of £1603. Tho total output from tho mine to date is £850,291.

A gold medal has just been presented to ilr. Jluvvey Staplcton, a mineral water manufacturer", of Market Deeping, in Lincolnshire. It is inscribed "Vrom a. few friends in recognition of his having acted as best man on ten occasions." His exceptional capacitics as "host man" were discovered in 11108, and i'rom that timo 011 lie has been in constant demand and has been asked lo tu'l at inniimerablo woddiugi in JJuuruc, J.'cturboruu;jh, and .the district,

£ s. d £ e. (1. Kuranui Caledonian — 0 011 Mountain King ;.... 0 0 E ■ — New Sylvia, 0 0 5 .0 10 Ross Heconstructed 0 5 3 — Swastika — ■ *0 10 0 Talisman 1 18 6 — Waihi 19 9 110 6 Waihi Grand Junction ... 0 17 3 0 18 0 Waiotalli 0 19 0 110 TOait-angl 0 0 41 0 0 6 Taranaki Oil — 0 15 6 Kotuku Oilfields 0 16 0 —