MINING NEWS.

Dominion, Volume 7, Issue 2007, 14 March 1914, Page 8

MINING NEWS.

WELLUfOTOS- SSABfi MAftKET. A ealf) of Wailii β-tajid' Junction at 255. Bs. was the oalj* tr-aafactfeß- recorded in minlns shares j-esterday. .The- <iUdUttions were as follow:—

. STOCK ■ BXOHAJJGE. . (By . Telegrdjih.-pjcK. ABsociation.) '■ Auckland, irg-reh It The foMowtefe sales ftefe made on tto Auckland Stock Hxehsngti to-daj':— ■ ftranct Junction, £t- Ss. 6(1. Boss SoWflclds. is. 3d, falismon, £2 &. -Salo 'reported :—WalhS, £2-6s. ; d«n.?tUn'i February 53. Tho following sales verb icpetwd on tUo Stock Escitatiße to-doyK-Vf-ailii. OranS JunsUon, £1 Jβ., 94. <tlirco tsarcals). .'' : ■ Waihl £3-63. 3d. - " ■ KswZcalQiid-lß.suraftco, £5 lfe.;t*o eareels, £5 j.te\ «d. ....... LONDON jEiNBTG ROTATIONS. By Tele-gf aph-Press A6£otiiation-oeprrMrJit . ." '. 16riSE.a, Mftrch 12. Yesterday"s closiisfi' guofcaftons ftcre:— WaiM ©eld Miiiini*. 435. 9d; (biiycrsj and &s. (seHci-s), ci diy.: Talismans, 41j5. J4. aad 4os. Sd.es div. - . ■ ■ '■•■-.. mining: notes. .' What, .is claimed »o be an execHe-nt hematite for tiaiiriinß purposes has beesifound ai Waiheu at the boitatn of a ewfl-mpr cfccls oB itv. John Sorrie's .fstrm. A. 6overnnient analyisis of the ma,teritil ba-.a tiecn niade. and' ihis s'nciws the chief ingredients to be ill per cent, of combined s\«t-or:antl-■■or-ga.rics matter, and 9L.*B scr .•cenS.of.fejTe-fUJde, the lttttar being equal to, 6MB of aieiallio iron. It is rtt_monr«d that tJic mine at North Brimntr fcs t<! ojiett again trt a moirtt'e time, under , the dircctiaii of Sir; Harper, spjicjitori vfho hart to do with tlio jiromotiffil o{ tjie North Bran-ner Company. It is fiaied that eoal.cpm be obtained to payable- Quantities by til.ntl.eßj.ns down fe> a lower letel ■ ttan. Jβ now open,, and; is estimated hilly a year's SUSplies WiU he fa Etg.ht. ' , ■;. It i 3 reported th'at p-oltt li-ss Jjeen'discovered at fiWekireki', (Catljns iii-S.trict,). a l-iibou.fs*- there .h.wing fouhd - some rock spee-inien-s while drihfei-ni* in & ctcbK. Oiie of the pieeo found ia said to tttjgh about an otthcß. ■ ■ Spea-Hin-K at the K<ild»iniftin.T csnference held, at, Etmii on Mar-cli' 10. Mr. Murdoch eaiii that it f;'aa high time thai action wa,s iokeii in regard- to to development 4iP tho industry. Ho TCgTcltcd tteit tho Keystone borftp did not: coflie up to, expectations in reifavft to prospecting. It was vefy necessary to have the 'regulation's revfed. He cbiidjmned the -j/tovlHeß . eA tne Statute fot" threo . divisions in jjtojpecling shafts., wliiclt w;m cpntirnry to tho tcuulatipiis. , l*iie Ecaie o.f. fees shmild cortajnJy ho rovagetf. Other Industries ivere bpins Helped, fehilo niinintc wagr , allowed to liiHfcuish. thev ■if.hould try and repeat tiuVWslmry of deep'level lnioins. in Tietßrin, i-tt thia 'co-untty.- Mr. Bruce Iroped te see- , * , '* TOvival Of tho-farmer Miners' Associa-tifms, -which had done such -Jtofltl wbrlc. The rates- for bitould certainly bo iriorcaspd. The.prosent prtMo were totally inadequate.

Buyers,, SelTci*. £e, i £ s. d. ! JSiackwater : — , 10 3 Oen. Goidfielijs; — tl 18 5 ■ i'a-lisinaa .,.; % 2 0 2 2 6 WaiM .'..„..... ....:... 2 5 9 Z 6 i Waihi Grand Junction. — . 15 9 Waitangi : 0 0 J ~ Watc-hman 03 6-