MINING NEWS

Dominion, Volume 8, Issue 2273, 6 October 1914, Page 8

MINING NEWS

WELLINGTON SfcARE MARKET. There 'were no mining transactions recorded on'the Wellington Exohanso yesterday. ' The quotations were as under :— •. • ,- Buyers. Sellere. ' - £8. d. £e. d. Talisman - ! 1 7 3 17 3 Waihi ..:.:...-.................;..'... - '- 1.13 6 Grand Junction .1.3 0 1 S 6 ... .STQOK/ EXCHANGE. ' ' ■' (By Teleffrapn—Prcis3 ' Association.) : ~ .''.'.' ~'.' Auckland, October 5. The Stock Exohanse'.\«te.'a'little brighter to-ilay: The foUowins transactions wererecorded:— . '•■ - Now Zealand Insurance, £5 Us. Talisman, £1.75.< 6d: • . ■ ■ : WaiU, £t 13s. 6d:. .■,..,,..,„ . . '• ■''Waihi Graad. Junction,: £1 ft. 9d., £1 3e, 6d. "/■■■■■ ',-..,■■ . • , ■ - Dunodln, October 5. Dredging stocks.—Eleletric,"-scllcre-3s. 6d.; Bi-sing Sun (ex. , div.), buyers IBs. Mining stocks.-New Sylvio-, buyers. 7d., sellers ■'Iβ.; Talisman 'Consolidated, buyers £1 7s. 3d., sellers £1 Bs.; VT<uhi. buyers £1 136. 3d.; ■ sellva-a £1 133: 9d.: Waihi Granc 'Junction,'buyers £l!3s. 7d., EcHers £1 3s. lid. . .- .

• Investment fitock3 —National Bank, buyers £5, sellers £5, 7c; Dank of Now Zcor land' (old),, buyers £10 Is.; Bank of New Zealand (new), buyers £15 3s. Cd.; National 'Insurance, buyers, £2 55., sellers £2 95.; South British Insurance, buyers £4 2s. 6d.; tfaion Steam Ship Co., buyera £1 25., sellers £1 2s. 3d.; Union Steam Ship Co. (pref.)', buyers 19s. 6d.;, Weslport. Coal Co., buyere £1 IQs., sellers £1 10s. 9d.;' National Jlortr gage'-Op.,'buyers £3 155.; Pcrpetudl True-tees■:Co.,-.-sellers £1 Is. 6d.; T-auptri Coal, rellers £1;' Auckland Trams, buyers £1 2s. '6d.,-eelleps-'£l sg. 4d.; D.1.0. (pref.), buyers 193. 9d., sellers £1 os. 6d.; Milburn Lirao and Cement Co. (£1), sellers £1 lie.: Hostel Woollen Factory, buyers £3 11s.; Now -Zc*land Paper Mills, sellers 17e. 6d.; Knikorai Trams, buyers £1 3s. 6d.; Wright, Stepheneon, buyers, £6 lCs. : . , " MUEKAY. CREEK. The mine managor's report for the month of September states that tho winze in No. 2 level was euak to a, depth of <Oft. For the firet- 15ft. tho reef averaged 3ft. in thickness. For tho next sft. it. cut out to track formation. Prom 20ft. to 28ft. tho fcvora?c width' was 3ft. 6in.; from 26ft. to 52ft., 4ft. 6in.; and from 32ft. to «ft., 6ft. 3in. in width. Samples taken at a depth of 23ft. assayed i3dwt. 9sr. (£2 13s. 6d.); width of reef, 3ft. 6in. Samples taken at a depth of 3{f. over a width of sft. of reef uave the , following icsuUe:—North end, 2oz. Odwt. 16gr. (£8 Zs. Bet.); south'end, loz. 17dwt. (£7 Bs.). During tho month 181 tons of development ore .were crushed for ft return of 1220z. 6dwt., yielding 350z. Bdwt.- of bullion, estimated value about £550., .