MINING NEWS

Dominion, Volume 7, Issue 2201, 14 July 1914, Page 8

MINING NEWS

WELLINGTON SHAKE MAKKET. A Bale of Talismans at 333. was the only transaction recorded in, tho mining market yesterday. The Quotations were' as follow:—

'STOCK EXCHANGE, i (By. TaUwrajm.—-I'/i- f .-.a:-ooiatioii.),. Auckland, July ,13. Sales:-\ ' '■.. Talisman. £1 12s. 3d., £1 12s. 6d.. Waihi, £2 Os. 6d. _J'' Junction, £1 6e. 3d. Northern Steam, 14s. 6d. Union Steam (ord.).£l 4s. 6d. Portland Cement, Bs. 6d. , ' ■■ . '..-'• For Taup'r'i..Coals, buyers.quoted £1 is. to-day; There were "no sellers. Dunedin. July 13. Sales reported:—Wailt Grand Junction, £1 6s. 6d.j Bank of Australia, £12 fs. / The following arc the latest quotations, subject to the usual brokerage :— Dredging stocks: Rise and Shine, buyers £1 ss. 6d. -..-.. Mining stocks: Roxburgh Amalgamated, sellers 35.; Ross Goldfiolds, buyers Is. 6d.; Nokomai Hydraulic, buyers £1 16.; Progress Mines of New Zealand, buyere Bs., sellers 10s. 3d.; May Queen, buyers 2d.; Talisman Consolidated, buyers £1 12s. 3d., sellers £1 13s. 6d.; Waihi, sellers £2 Is. 9d.Waihi Grand Junction, buyers £1 6s. 4d sellers £1 6s. Bd. , ■ Investment stocks: National Bank, buyers £5 16s. 6d.; Bank of New .Zealand (old), buy-' ers £10 lfa. .6d„ sellers £10 18s. 6d.; Union Bank, buyers £61 125.;, National Insurance, buyers £2 13s. 6d.;.New Zealand Insurance, buyers £6 Bs. 6d.;. South British Insurance, buyers £4 Us.; Standard Insurance,' buyers £1 17s. 6d.Y Union Steam Ship Co fellers £1 4s. 7d.; Union Steam Co. (pref.). buyers £1 os. 7d.; 'Westport Coal Co., buyers a. 9s. 9d.; National Mortgage Co. buycJs.£4,3s'; Perpetual Trustees Co.. seUers £1 ?.s. 6d.; Kaiapoi Woollen Co. (ord.), buyers £5 65..6 d.; Milburn-Lime and Cement, buyers £1 125.; Mcagiel Woollen Factory, buyers £3 155.; New Zealand Drug Co. (£2) buyers £2 65.; New Zealand Drug Co, (now issue), sellers £1 55.; New Zealand Paper Mills, sellers 175.; Kauri Timber, sellers £1haikorai Trams, buyers £1 4s. ! ROSS GOLDFIELDS. _ The mine superintendent of Itoss, report-' * n ?tothe local secretary of the Boss Goldfields Mine on the past week's work, says— Mine, 6th Level Workings-No. 6 south has been driven to 156 feet from the opening and got into poor. wash. This drive lias been stopped and blocking commenced 8 feet from the face. No. 7 south is in 40 feet from the opening-wash payable. No. 3 north has been extended to 40 feet from the op.enuig in po or wash. This drfve will bo extended a further distance of 24 feet in order that a new shoot— which will be known as No. 4-may be risen. No. 2 east, has been extended to 144 feet east of So S fouth drive: the faco is in low-erode wash One party is blocking in No. 5 south and one party m No. .6 south in wash of payable qaulity. vn * MOUNT MORGAN MINE. By Telegraph-Prws Association-Copyright :„„ , r ' ' •,,..' r Syd'noy, July 13. The Mount Morgan Leviathan mine's halfE%. rI X re P Oll shows that the income -was £459,606, the profit borne £103,506. There was carried forward £120,352. The tonnage treafed totalled 154,503, producing 4108 tons of copper and 47,856 ounces of gold. The tot ?'J?L,, the ycar ™ a Ma tons of copper and 102,848 ounces of gold. wpper »•' : — ==

Buyers. Sellers. £ n. d. £ s. d. New Sylvm ; 0 0 7 — E0S6 Rccon6tructed — 0 2 0 Swastika. ■. ; — 0 6 6 Talisman .„ 1 12 6 113 3 Victoria !■;...; — 0 0 2 Waiht 2 0 3 — Waihi Grand Juactibn... 16 3 '16 6 Waiotahi' " — v ' 0 1 3 Waitangi . .J..;.... — Oil Watchman! — 0 2 6