MINING NEWS.

Dominion, Volume 7, Issue 1871, 3 October 1913, Page 10

MINING NEWS.

WELLINGTON SHAKE MARKET. Tho feature of the mining market yesterday wa.s the oj-trome firmness of Talismans and Wailiis, anil the steadiness of Ross Beconstruoted. The tales recorded were as under:— , lioss Reconstructed, 17a. Id., 17s. 4d. (first 1 oa Taiisman, 42&. (first call); 445., 445.- Jd., 445. 6d., '455. (second call). Waihi, 50s. 9d„ 60s. 9d. (second call). I The quotations were as under:—, i IS uyera. Bellerj. £ b. d. £ s. d. i Blackwator 1 ® 6 — > Hauraki Beefs ~ 0 0 4 — !• Murray Oreok (old) 16 6 — L Now Svlvia. 0 011 0 10 i Boss Beconstruoted 017 3 017 5 i Saxon 0 0 9 - . > Talisman 2 4 9 2 5 0 ; Waihi' 210 3 210 9 > Waihi Grand Junction ... 1 2 9 13 0 • Waitangi ? ",S I ' Taranaki Oil 012 0 — 1 STOCK EXCHANGE. | (By Telegraph— Press Association.) ) Auckland, October 2 The following sales wero mads on the ■ .Stock Exchange to-day:— N.Z. Insurance, £5 ss. * . Taupiri Coal, £1 Is. 9d. • ! Westport Coal, £1 10s. 6d. [ Win son's Cement (pfef.). £1 Bs. 9d. 1 Waihi, £2 lte., £i? 10s. 6d., £2 lis.. £2 lis. 3d. (two parcels), £2 lis. 6d. ' Talisman Consolidated, £2 -45., £2 4s. 3d., £2 4s. 9d„ £2 6s. (two parcels). Grand Junction, £1 2s. 9d. (three parcels), ' Goldfields, 17s. 4d. (four parcels), 17s. 1 sd. (two parcels), _ 17s. " Kuranui Caledonian, 4d. ; Bising Sun, 2id. , , „ r The following salcß were reported:—New ' Zealand Insurance, £5 55.; Taupiri Coal, ' £1 Is. 9d.: Westport Coal, £1 10b. 6d.; } Auckland Gas, £1 9s. 3d.; Bising Sun, 3d. ' Dunodin, October 2. ! Tho following sales wero made on tho , Stock Exchange to-day:-I Talisman Consolidated, £2 2s. 6d. , Wsihi, £2 10s. 9d. t s- THE THAMES DEEP LEVELS. ■ AND EEOENT INRUSH. Thames, October 2. Development work in tho Thames deep levels is at present held up throueh the suddo'n inrush of / a largo auantity of water, which is believed to be duo to tho D intersection of tho big Moanataiori fault. ? The water, w-hich' rose rapidly, is now ® being gradually reduced by drainage. A 0 large area on tho side of the slido may II have an important bearing on the futuro J development of tho Thames goldfields. 4 MURRAY OBEEK G.M. CO. o Writing under date September 29. tho o mine manager advised that a contract had i- been let to rise on tho reet in the Victoria 1- section in No. 2 level, at a point about I- 40 feet .from tho face where the reef is* e 4 feet in thickness. Referring to this rise, v ho telegraphed last night as follows;— h "Reofton, October I.—Distance risen. 17 feet: n, quartz 6 foet wido on hanging wall. The quarts is rich."