MINING NEWS.

Dominion, Volume 7, Issue 2006, 13 March 1914, Page 10

MINING NEWS.

WEtLHJGTOH SHAI4B MAUKEt. A sate of Vtegiees eliafcs at 13s, 6cl. was tlio only raising transaetian reeoniod yesterday. Tlio-AuotaUoils foif the day aro

STOOK EXOBASfSE. ffls Telseriißb,—Press ArsoetatlsiiA '■ Auckland, March IS. The following' pales were made, m the iucKlalid Stock Bwhaßge to-day:— Rasa Baldßelis, 3s. Bd., 3s. ICd., 3s. 3d., Sβ. Jd. • • - IV ami, £2 ss. 3d., £2 Ss., JE2 3s. 3d. Wat&i Grand Junction, £1 59. 64. Ssff Zcdlaiid ißEtiramt-c, £5 id. Sforliern Btcais, 1%. 6S. . . Duftiidln, March.. 12. Tljo fellojfiiig' Bale tooft fllsce oa the Stock Esß-haßfee to-day:—Bank of'Kcw Zeala,THt (rißUtsl. £1 IBs. 6d, Sales reported :-(>and J«ni?tion, £1 ss. <lt!.; Baak of 'New &Ataii '(Dighta), 44 195. : NEW BEEi? R.EPOSTED. fiosfton, Hatch 12, *h.e dfecevoty is reported o£ o. new reef aoutli <rf Big Kiver ainc by Messrs. Fraiw and party. Tlie stono ia said to be of 230z. averagit. MFfe.OF.THB HAND MINE. SoiHc iateres'ins iafoTmatteii rcgarditig the life of the . Sand gold raining industry, based oa ■evident} given bM«e tho Govwngrcni, Econoiliic, Conunissl<!n. appeared in the "Tinijss" refierttly. Tiie pforieodfligs ef iJ)E commission tthieh wre Itckl 'i caimcr-a, but Uie oeiiclusions which tiio ansv-aal Gliiunber of Mines gnbntitUd tfero appa.reo.Hy. avajlable fer p.i!blication. TaUitig tiio present pjodiicinfi miiies as tho basis -of caleiilati<iii, th.e ; ehwibcjr iej'Umates that tins discing rate of Rrueliins on tha Band will bo maintained at 88,0M,CCft toii\3 par afinnin for tile ties five ycaw. After that β-ate tlift quaitt'Hy trea,t«d vill fall off owiag to the exhausSion ol some properties, and tfrat in 17 3-'*iir3' time the annunl erasWngs will Hot exceed 17.600,000 tons) No aUtiHvaace is made in ttiii <*ititealo for fut-uro d3£ce\eri«3 or of rciuetion in wol-king costs, whfcli would tlie ■supplies of payable ore. The vrarld, ie so lilitoh. dcpftH-acJit upoa South ACt-'co, £or its ■Boid, and the. dcteamt for the metal is incfpaeiftg. that auy serioXis diminution in produetion would bf> sWb to affect, if only temporarily) edwemSc developmc-nt geueraily, ■

given below :— Buyers. Setters. . Sβ. it. £ 5. a. Bkuikfratef — 10 6 dm. Goldfifilds ,. . - e 18 9 ■8ai.oH •' 6 0 9 — talisman 2 2 0 S 2 9 Wailii :-.• : •• SAO 250 W'aiUi Ctrand Junction ... 1 5 3 - 1 5 9 WaitafiEi 0 0 €& — Worksop Dredge — 4 4 0