MINING NEWS.

Dominion, Volume 7, Issue 1933, 16 December 1913, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. A sale of Waihi shares at Sis. 6d. was the only mining transaction recorded yesterday. Tho quotations were as follow:— j

STOCK EXCHANGE. (By Telejjraph— Awwc.iatton.) Auckland, December 15. Stock Exchange* cales to-day included:— South British, £4. Northern Steamship (paid up), 14s. Waihi, £2 lis. 3d. Talisman Consolidated, £2 2s. Waihi Grand Junction, £1 6d. (two parcels). Ross Goldfield*. lis. 4d.» lis. 3d., U«. 4d. Saxon, 10d., is. Rising Sun, 3d. Reported rales nre:—New Zealand Insurance, £5 135.; Northern Steamship (paid up), 145.; Waihi, £2 11?..6d. r Christchurch, December 15. Sale reported—Bank of Nov.* Zealand. £11. Duncdin, December 15. The following snle v.-as made on the Stock Exchange to-day "Union Slo&m, £1 3d. Tlie following £«lo was reported :-N.Z. Portland Cement, 136. 3d. , Stock Exchange quotations:—Dredcins stocks: Electric, selfers 4s. 3d.; Rising Sun, sellers £1 2s. Mining stocks: Roxburgh Amalgamated, seilerfl 3s. 6d.; Ro?s Goldfields, buyers lis., sellers lis. 9d,; Waitansi, buyers 8d„ eellerfi 9d.; Talisman Conyolidated, buyers £2 Is., tellers £2 3y.; Waihi, buyers £2 11*\ 3d.,- sellers £2 IS'-; Waihi Grand Junction, buyers £1 4«. 3d., sellers £1 4s. 9d. Investment ftocks: National Insurance, buyers £?, lCs. 6d., pellors £2 125.; Union Steam Ship Co. (ord.), buyers £1 te., sellers £1 4s. 9d.: Union Steam Ship Co. fpref.), buyers 19?. 3d.; Westport Conl Co., seller s ? £1 10*.; N.Z. Coal nnd Oil. buyers 2s. 6d.; Perpetual Co., callers £1 Is. 9d.; Dominion Rubber, buyers l£fi., sellers £1; Niiburn Lime and Cement, Kellers £1 lis.; Wright, Stephenson, buyers £6 10s.; May Oatway, sellers £1 lCs. , ROSS GOLDFIELDS RECONSTRUCTED. Tho mine superintendent of the R-oss Cloldfields Reconstructed reports ae follows for the poet week:— Mine, No. 6 level, No. 2 ehoot: South drive from shoot driven to 144 feet during t-he» last few shifts; drlvft has been passing through wash, of lower value. East drive off south extended to 140' feet from the opening through wash of avcroce value. At a- distance of 96 feet from the opening a north drive has .been started and driven' 10 feet; also in wash about l.ito averages. Cnssius workings, south side: East driven to 108 feet from the line of the N. o.nd S., main drive in Caseius workings; wash has been-poor for the last few €eu?, but I expect it to show material improvement as it extends. This drlvo has been stopped temporarily In order that the block of ground in the vicinity of Casslur? shaft mayj)© more speedily taken out, and some tiigsty timbering put in to prevent the N. nnd S. drive from crushing a* it :* already showing signs of weakness, and the sooner this block of ground is out. tho better. Work will be resumed in the cast drive early next week. One party la blocking near Gassins shaft in wa*h of fair quality. There is no change to report ap regard? tho machinery at mine-, transmission line, power-house, and races and tunnels. ■ —

Buyers. Rcllero. £ s. d, £ s. d. Boss Goldflcldg 0 11 0 0 11 6 Talisman 2 10 — • Victoria 0 0 2 — Wflihi 2 11 0 - Waihi Grand Junction ... 1 4 3 — Wditanel 0 0 8 —