MINING NEWS.

Dominion, Volume 6, Issue 1744, 8 May 1913, Page 8

MINING NEWS.

WELLINGTON SHAKE MARKET. Waihis were slightly easier yesterday, being sold down to 355. 3d., while, on the previous day; tliey changed hands at 375. Ross Goldlields hud a sharp advance on' tho favourable reports. Talismans were steady. The Bales recorded were as under:— Koss Reconstructed. 6s. 9Jd. (second call). Talisman, 395. 3i„ 395. 6d. (first call): 39a. 6d. (second call). Waihi, 365. 9d., 3<s. 9d. (first oall); 365. 6d., 365. 3d. (second oall). Waihi Grand Junction. Its. (first call). Tho Quotations were as follow:—

The Wellington Stock Exchange received the following telegram yesterday irom the New Bis River Company Crushing was suspended during April owing to the main shaft being repaired, <uid old poppet head being dismantled and renewed, full operations at the mine and battery beinir resumed at the and of the present week. Cyanido return—4oo tons eands treated for 120oz. bullion, value about £300. A dividend of Is. per share, payable on May 9, has been declared. STOCK EXCHANGE. . (By Teloiracb.—Preo» Association.) Auckland, May 7. Sales on 'Change this morning:— Occidental, 9d. . Waiotahi, Is. lid. Watchman, Is. 6d. Boss, 6s. 2d., 6s. 3d. Waihi, £1 16s. 9rt. Grand Jmictiou, 17s. 6d. New Waitaia, is. 2d. , . Hikuranzi Coal. 13;. Auckland Trama (ord..). £1 Is. id. The following sales were raa.do on the Stock Exchange at the 3.15 p.m. call:— Ro=s Goidfleld?, 65. Bd., 6s. 7d., 6s. 6d. Waihi. £1 l6s. 9d.. £1 17s. Christchurch, May 7. Saks reported on 'Change this morn-ing.—N-Z. Farmers' Co-op., £2 95.: 1\ aihi, £1 16s. 6d. Dlinodln, May 7. The following sale was reported on the Stock Excliango to-day:-X.Z. Insurance, £5 Is, 6d, TALISJTAN CONSOLIDATED. During the month of April the Talisman Consolidated crushed and treated 29C0 tons" of ore for a yield of bullion, valued at £1927 10s. Ed. 'i'lto tonnage is much pmaller than usual, owing to the accident in the shaft necessitating a good deal ef overhaul and repairs, therefore tlio smaller tonnage increased the working costs considerably. The cost for the post month totalled 555. 3d, made up. n; follows:— Mine development, IC-. <<!.; mining, 18s. milling, 17.7. 61!.; renewal. 2u. 9d. the manager sent to London the following cablegram:—No. 14 level, south drive, 1144 to H56 f°et, reef 70 inches wide, value £4 12s. 9d.: 1196 to 1211 feet, reef 42 inches, a ways low. TUB PROGRESS MINKS. APRIL RETURNS. (Br Telograpli.—Preaß Association.) Reofton, May 7. The returns for April from the Progress Mined of New Zealand. Ltd., Wealth of Nations, and Blackwatcr Mines, Ltd.. are as under:— The Progress .Alines crushed 2650 toils, yielding 3270z. bullion', valued at £1336 12s. 13d.. and eyanided i960 tons, yielding 2260z. 15dwt., valued at £655 13s. 9d. The estimated value of the sulphurets produced (26 ton 6) iB £156. Tho Wealth of Nations crushed 21(12 tons, yielding 5470z. 3dwt. of bullion, valued at £J254 Ms. 3d., and eyanided 1299 tons, yielding 2630z. 4dwt. of bullion, valued at X 744 12.-. 9<i. Tbe estimated value of the sulphurets produced (15 tons) is £53. The Blai'Kwatcr Mines, Ltd., crushed 3935 toil-, yielding 17470z. I7dwl. of bullion, valiied'nt £7053 Bs., and cya.nided 2270 lons, yielding 2-X'a-.. I7ilwt. of bullion, valued at £672 lis. 9d. The estimated value of the tulphui'ct- (40 Ions) is £459.

Buyers. Sellers. £ s. d. £ s. d. New Sylvia 0 0 9 0 1 0 Ro?a Iteconstructccl — 0 6 9 Talisman 1 19 3 1*19 9 Wailii 1 16 9 — Waihi' Grand Junction... 0 17 9 0 18 3 Taranafci Oil Wells — 0 14 0