MINING NEWS.

Dominion, Volume 6, Issue 1740, 3 May 1913, Page 7

MINING NEWS.

WELLINGTON SHAKE MARKET. Tli« «alc? recorded yesterday were:-Vic-to-ia at 2d., reported at the morning call, and waihi Grand Junction at 16s. 6d„made on 'Change at the second call. The Quotations were as under:- £ 8. d. £ s. d. Mfas •"••• Eg b I::::::::::::::: jm * 3 VicMria 112 0 112 9 Waihi Gr.i«d Junction ... 016 3 016 9 Taranaki Oil Wells 010 0 015 u SWASTIKA GOLD MINES. The mine manager, reporting under data Anril 26, says:—"For tho week ended April 19 10 feet was driven. .The average assay value of tho stone as wired you was 19dwt. 14gr. An equal distance, fill J l ®. Dieted to-day, which appears to bo our maximum with two shifts womidb tho break wo found that the lino of tho drive which was oomo 9ft. from tho footwall in tho first portion, is now within two fMt of it so for convenionco of driving wo are once again hugging the /ootjraU. and as beforo wo find a, great deal moTo of tho niTltoi in tho stone. It occurs in goodsized lumps, so much so that I was able to tako it pure without quartz for away, Ind ifgave a voloo of JOox. lMjrt. There iseems a tendency for tho reef to como in or pinch at 110 ft., but I will know more about this at tho end of the month, when I shall make a full report for tho balfvcar statement. Meantime, I have ordered i crosscut to tost tlitf width, and I am also putting a few shots into the outcrop above and ono below, both, of which will nrobaijlv have some bearing on this our mam work. On tho ouarU side of the drive wo invariably get a fair prospect of fino gold, but, nothing like the dolly prospects at 9095 feet. The paddock into which wo were tipping carried a,way one of its supportf. owing to the weight of stone, and will have to bo repaired, and will delay us somewhat next woeki

STOOIC EXCHANGE. (By Telegraph—Press Association^. Auchland, May 2. Sales on 'Chance tills morning:— Talisman, JEI 19s. Waihi, £1 12s. 9d. and £1 12s. 6d. The following business was dono at the 3.15 p.m. call of tlio St-ocli Exchaugo this afternoon.— Talisman Consolidated, £1 19s. Waihi, £1 12s. 9ii. Dunortln, May 2. The following salo was reported on tlio Stock Exchange to-day: D.I.C. (ordinary), 7s. WAIHI SHARES. By Telegraph—Press Aesociation-Copyifght London, May 1. Waihi Gold-mining shares aro enroled at £1 10s (buyers) and £1 lis. 3d. (sellers). When Mr. Webster ivrale of Wood;, lie said, willi graphic ease, That Woods were mostly timber And were all composed of trees;. But. if -Air. Webster lived to-day, He'd tind a meaning newer, ]<"or "Woods'" to millions simply means The Woods' (ireal' Peppermint Cure. •-Advt. At liirminghi'itt Shnrlhorn sale, l.'iti Lulls wnv brunght under the hummer. 'I'm- tup pri"' "f Il>f day was MSH guin- (.«!!—.•>» gninrii« !<•■-> than the record for UirmimrhaiM "Idaini-.l two vi-nr-. ami. The piiri lia-"i' Mr. .M'i.enitan. irlin bins Hie '\i-B(.'nl. i iie. and the animal was i "I'ierropont l.'err,'' belonging to Karl JJunvern, the lirst ill the clww for bulla I between 10 aud 21 mofltlia old*