MINING NEWS

Dominion, Volume 7, Issue 2204, 17 July 1914, Page 10

MINING NEWS

..WELLINGTON SHARE MAEKET. ' Tlic transactions in the mining market yesterday were -Boss Reconstructed at 2s. lid., and Waitanpi at Is. Id. The Quotations were as under:— Buyers. Sellers. £ s. d. £ a. d. Ross Reconstructed ; 0 1 10 0 2 1 Talisman 1 12 9 — Waihi- .2 0 6 2 1 3 Waihi Grand Junction.... 16 9 Waitangi : 0 Oil. Oil STOCK EXCHANGE. ' (Bs Tclesmph.—Press Association.. Auckland, July 16. Sales on the Stock Exchange to-day were: South British, £4 13s. 6d. Bevonport Fen'y, £1 13s. 6d. Auckland Tramways, £1 3s. 9d. : Ross Goldflelds, £1 2s. 2d.' Talisman, £1 13s. ' , "Wnihi, £2 Is. ' Grand Junction, £1 6a. 6d. WAITANGI CONSOLIDATED. The lhine manager of the Waitangi Consolidated reports as follows for the past • week:—Operations have been in progress in No. 2 and-No. 3 levels. In tho western section of No. 3 level, stopping west of Mo. 1 Rise, the reef is. still looking well going west, 'and we are breaking out about six feet of the gauging wall portion, of tho reef. Two samples taken from the western face 30 feet from the Rise gave the following results:—No. 1 from wall side gave the Assay value of £6 6s. 7d. per ton. No. 2 from footwcll 'side gave the ae;ay value of £1 os. Bd. , In tho eastern end of this level in No.'2 Rise a further height of 3ft. was risen, making a total height of 18ft.. A block of country has come in between the rootwall and hanging wall; the reef appears to be coining together, again and. cutting out the country. No. 2 level driving east on. the reef from'tho west crosscut.a further distance of 2 feet was reached, making a total distance of 12: feet. A sample taken from this faco gavo the away, value of £2 Us. 7d. per ton No. 3 crosscut: Driving east from this crosscut on the hanging wall portion of the reef a. further distance of 3 feet was driven, making a total distaneo of 12 feet from .crosscut. A general sample taken from this face gave the .assay result of £4 4s. sd. per ton> Messrs. W. and G. Turnbull and Co.,' Ltd., report having held their' weekly sale in their Waipoua (Jlostorton) sale yards on Wednesday, when they had a good yarding of .sheep and catt-le, as. advertised. Competition was not too keen, and there was only a fair clearance at tho following rates:—B.f. lambs. 13s. 4d.; woolly lamba,. 136.; cull lambe. 8s v Bd.; lamb on account Masterton Hospital, £4 3s. 6d.; 2-year steers. £4 19s. to £5 Bs.: 18-month steers. £4 2s. 6d., £4 35.; 4-year steers. £7 175.; dairy cows, eloso to calving, £5, £6 12s. 6d„ to £7; store cows', £3 to £3 Ifls.; cull cows, 255.; springing heifers, £4 to £5; wcaner heifers, 325. to 385.; fat cows,.£7; bulls, £5 10s. to £6.