MINING NEWS,

Dominion, Volume 6, Issue 1812, 26 July 1913, Page 10

MINING NEWS,

WELLINGTON SHARE MARKET. The mining market was quiet yesterday, and no troaifactioris were recorded at. the morning call. At tho afternoon call a sale of Now Sylvia at Is. 3d. was made on Change, end a- sale of Waihi at 475. was reported. Tho quotations were ae unders— Buyers. Sellore. £ s. d, £ s. i. Blackwatcr — 10 9 Kurnnui Caledonian 0 0 8 — Murray Creek (old) — 17 6 Murray Creek (new) — '0 8 0 New Sylvia 0 12 0 14 Ross Reconstructed 0 8 8 0 9 0 Talisman 1 19 3 1 19 9 Waihi 2 7 0 - Wttihd Grand Junction ... — 12 3 Waitangi 00 8J 00 10 Taranaki Oil 012 9 - ♦Premium. STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, July 25, The following eales took place on 'Change this moraine:—AVaiki, £2 fe. 9d., £2 7s. 3d.: Grand Junction, £1 la 9d., £1 25.; Northern, Coal, 10s. 3d.; Wiseman and Sons, , 19s. 3.15 p.m. Now Sylvia, Is. 3d. (c); Waihi, £2 7s. (r). Chrlstchurch, July 25. Sales reported: Union Steam Ship, £2 3s. 3d.; Mason, Strathers, £1 35.; Talisman, £1 19s. 7Jd.; Waihi Grand Junction, £1 le. 9d. Dtinodin, July 25. The following sales were mado on the Stock Exchange to-day:— Electric, ss. 6d. , Waihi, £2 7a. The following sales were reported:—Waihi Grant! Junction) £1 25.; Waiotanl, 2s. 2d.; Westport Coal, £1 Bs. 4}d. DREDGING. □ unedln, July 25. Dredging returns: Electric No. 1, 148oz. 15dwt.; Jlaouherikia, 230z.; Karaunui, 2Coz. 6dwt.; Waiknia, 9oz. 2dwt.; Hastcrton, Boz. Bdwt. I LONDON MINING QUOTATIONS. By Telegraph—Press Association—Copyright London, July 24. Yesterday's dosing quotations were:— Waihi Gold-mining, 455. 7d. (buyers) and 465. lOd. (sellers); Grand Junotioks, 2!s. aud 225.

The New Zealand Loan and Mercantile Agency Company, Ltd., Polmerston North, report:—At PalmeTEton North, on Thursday, we had a 6mall entry of cattle, which, sold as follows. Yearling heifers (coloured), £2 11s. to £3 25.; yearling heifers (Shorthorn), £2; voalers, £15a.; storo cows, £2 12s. 6d. to £3 63.; cows in. calf, £3 ss. to £5; springing cows, £7 15s.

Evidence is being given by tho Australian Minister for External* Affairs, of a desire to test thoroughly and develop energetically the oilfields recently discovered in Papua. Favourably impressed by Judge Murray's advocacy of a railway from the coast, he promptly sought funds from tho Treasury for the construction of tho line. The work is to bo put in hand almost immediately. Besides assisting the oil industry, the railway will serve a largo area of agricultural and mineral country. Mr. Glynn will dispatch to London forthwith, a cable, instructing the High Commissioner to select a scientific expert, to examine and report on tho fields, and if necessary to control their developments afteiwartls. Cure a pessimist of a cold ,and he becomes an optimist. Wclliugtonians are pretty well all converted now. "NAZOL" has worked the oracle. An infallible remedy for colds, soro throats, influenza, and nasal-catarrh.—Advt.