MINING NEWS

Dominion, Volume 8, Issue 2408, 13 March 1915, Page 10

MINING NEWS

WELLINGTON SHARE MARKET. In the mining market a. sale of .Talismans at 256. 6d. was reported. The quota, tions were as under:— „ _ Buyers, sellers. £ s. d. £ s. d. ■ Consolidated 0 10 0 — *Murray Creek (new) - 0 13 0 Murray s Freehold 12 6 ,I „ Talisman 15 9 1-60 Waihi i 2 2 3 Grand Junction i. *. ■> 0 10 816 *Premium. '. STOCK EXCHANGE. (By Telesraph.—Presu Association.) Auckland, March 12.. The following business was done on the Stock Exchange to-day :-Taupiri Ooa! (first call), 15s. 9d.; Waihi (first call), 425. 3d.; (third call), 425. 6d.; Talisman (first call), 265.; (sccond call), 255. 9d.; (third call), 255. 6d. ■ Chrlstchurch, March 12. Sales reported:—Bank of New' Zealand (fully paid), £17 65.; Talisman,, £1 ss. 10Jd. Dunedin, March 12. The following sales wero reported on the Stock Exchange to-day :—Talisman Consolidated, £1 ss. 94.; Waihi Grand Junction, £1 4s. 6d. MOUNT MORGAN MINE. (By Telegraph.—Press Assn.—Copyright.) Brisbane, March 12. Mount Morgan returns for the month ended March 7 show that 24,745 tons of ore were treated, and 2870 tons of concentrates, producing 772 tons of blister copper. containing 764 tons of copper and 10.5760z. of gold. Tho output is vajued at £86,544. LONDON MINING QUOTATIONS. London, March 11 Stock and share market quotations include:—Broken Bill, 375. 6d. and 380. 6d. (ox-div.); Hampden. 255. and 265.: Waihi, 38s. 9d. and 41s. 3d. (ex-div.); Talisman, 295. 41d. ROSS GOLDnELDS. The .mino superintendent of the Boss Goldfields Reconstructed reports as follows for the week ended March B:—The nnwatering of the shaft, which proceeded steadily during the boisterous weather of last month lunder the full; load had reduced the water in the shaft to 'just below No. 6 platform, when during the storm on February 25 a fall occurred in So. 1 tunnel of the water race. The ' water was then turned on to the auxiliary race, and suffloient power developed, at first, hexdly to hold, and later, as the storm abated and tho surfacewater drained off to gain with the sinking pumps. Inspection of the race tunnel Bhowed that this fall hod occurred in the same section which had given considerable trouble on previous occasions. To. avoid interruption here in the future a deviation is being driven further in. the hill, which will connect those portions of the race twr.nel where tho ground is firmer and is standing well. The average rainfall for March is usually light, and under normal weather conditions there is no reason why the shaft should not be pumped out by the end of the month with the power derived from the auxiliary race, by whioh time the contraot let for the. deviation tunnel of tho main race should be completed. Tho sinking pumps continue to be working satisfactorily, and their capacity has been, considerably, increased by discharging' at tho adit level instead of at the surface: