MINING NEWS

Dominion, Volume 7, Issue 2205, 18 July 1914, Page 8

MINING NEWS

' WELLINGTON SHAKE MARKET.; . The saJoa of mining shares recorded restoday • were: .Boss iteconstructed, at Is., 1,1 jd.; and Walhi Grand Junction at 26a. lid. Tho Quotations wero as follow:—

STOCK EXCHANGE. (By Telegraph—Press Association,) . I- ' . ■ Auckland, July 17. , Sales i Talisman-, £1 13s. ! Waihi, £2 Is.. ■ ' Northern Steam (ord.), fig. Bd. Northern Steams (paid up), 14s. 9d. •' Eason, 5Jd. Watchman', 2s. 2d., Ross Qoldfleld6, 2s. ' Chrlstchuroh, July IT. Bales:— : ■ N.Z. • and Kivcr Plato Land Mortgage, £2.45. . ■ • WAIHI MINE RETURNS. • Walhl,„July It '• Four"tile; four-weekly period ending' July 4, th«. Waihi Company crushed and treated 15,05? tons of ore for a return, of bullion valued'at £25,889. THAMES DEEP LEVEL. Thames, July 16. Thei development of the Thames Deep Level at the thousand feet, interrupted for months by an inrush of carbon dioxide gas and ■,water through piercing the Aloaiiatairi 6lide, la to bo recommenced. A connection between tho' Thamos, liauraki, and Waiotahl shafts has now been effected, and tho uso of blowers and exhausts now gives good ventilation, enabl-ing-tho cross-out to, be continued to the northern , end of the. field. Tho work has cost £20,000. The Government granted a subsidy of £5000. It is intended to sink various shafts to connect, with the low level. ' The only shaft. now conneoted. is Waiotahi. The resumption of operations has given general satisfaction, as if a new goldfleld is discovered it will be through the medium of tho low lovel. BROKEN, HILL PROPRIETARY .DEBENTURES. - By Telemph—Prfcss Aiwociation—Copyright m Molbourna, July 17. The Broken Hill Proprietary directors have allotted debentures valued at £75.000 to Australian applicants irnd £20,000 worth to London applicants. • • MOUNT LYELL MINE. rm. • ir 4 , ~ Melbourne, July 17. The Moirtt Lyell mine returns from July 8 to-11 (inclusive) show that 26,434 ton's of ore, also five tons of purchased ore were treated,.and yielded 574 tons of copper, 33,241 ounces of silver, 'and ' 84Z ounces of gold. • TALISMANS. ~ • London, July 16.' Talisman shares are quoted at 30s. (bur- ■ ers) and 355. tee Here).

Buyers. Sellers. v.V • ■ ' ■ ' •£ a. d. £ 6. d. .Hoaa Itecoiistrnoted • 0 1 11 0 2 2 flaxoil " 0 0 6 — talisman 112 9 113 3 Waihl ■ 2-1 i' Waihi.Grand Junotion. ... . i-r • 1 6 . 9 Waitttngi 0 1 0 0 1 1 'Worksop Dredge >;(now).'..?*l .0 0 . ."premium.. , . : 1.,