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MINING NEWS

BTOOK EXCHANGE. IBy (Telegraph-Prcs" AsunaJation.l Auckland, December 21. Btook Exchange eales:— Auckland Tramway (ord.), 21s. U. Talisman Consolidated, 26a. 6d. Grand Junction, 235. 6d. New Sylvia, sd. Dunedln, December 21. Stock Exchange quotations:— Dredging stocks Electric, buyers. 2s. 6d.: eellers, Ss. Rise and Shine, buyers, £1 4e. 6d. Mining stocks Talisman Consolidated, buyers £1 6s. 6d„ sellers £1 76. Waihi, buyers, £1 175., sellers £1 19s. Waihi Grand Junction, buyers £1 3s. 3d., sellers £1 3s. 9d. Waiotahl, buyers 6d„ sellers Is. Investment stocks—National Bank, buyers £5 se. Bank of New Zealand (old), buyers £9 15s. fid., eellers £9 19s. Bank of Now Zealand (now), .buyers £15 2a. Union Bank, buyers £53. National Insurance, buyers £2 6s. 9d. Standard Insurance, buyers £1 lis. 6d. Union Steam Ship Company (ord.), buyers £1 os. Bd., eellers £1 is. Union Steam Ship Company (pref.), buyers 19s. 10d„ sellers £1 os. 3d. Westport Coal Company, buyers £110s„ sellers £110s. sd. West-port-Stockton, sellers se. New Zealand Coal and Oil, buyers 2s. D.I.C. (pref.), buyers 19s. 3d. Milburn Lime and Cement (£1), sellers £1 10s. 6d. New Zealand Drug Co. (£2), bu.vcTs £2 Is. 6d. Now Zealand Paper Mills, buyers 16s. 6d. New Zealand Portland Cement, buyers 6s. 6d. Auckland Electrical Trams (ord.), eelleTS £1 26. Auckland Electrical Trams (pref.), buyers £1, sellero £1 is. Wright, Stephenson, buyers, £6 10s. WAIHI BEEFS-GIGANTIC. The mine manager of the Waihi Eeef«•Gigantio reports on the operations at tho mine for the week past as follows:—The contract work in north cross-cut, at 10C0 feet level, has advanced 20 feet, making tho distance from shaft 78 foet. During the week we have passed through some strong mineral seams, which seemed to bo increasing in size, and the country in the face has quite the appearance of what we term "reef country," and 1 am keeping an anxious look-out for quartz. The south-cast face has been at a standstill, pending the preparing of vontilating and water-piping. This is now ready, and both faces will be kept going. If any change in face it is even more favourable than laet week.

Machinery is still working well, and there is no increase of water from shaft or crosscuts, indicating that tho country is being drained by the loads system into the adjoining mines. In fact the cro6s-cute are porfectly dry and face has to be sprayed to lay dust and reduco heat.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19141222.2.86

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 8, Issue 2339, 22 December 1914, Page 8

Word count
Tapeke kupu
400

MINING NEWS Dominion, Volume 8, Issue 2339, 22 December 1914, Page 8

MINING NEWS Dominion, Volume 8, Issue 2339, 22 December 1914, Page 8

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