MINING NEWS

Dominion, Volume 8, Issue 2410, 16 March 1915, Page 8

MINING NEWS

WELLINGTON SHARE MARKET. . There were no transactions .in mining shares yesterday. The quotations were as under:— Buyers.' Sellers. £ s. d. .£ s. d. Murray Creek (old) 111 6 — Creek (new) ... 0 11 6 0 13 0 Talisman : 15 6 15 9 Waihi ' I. 2 2 6 — Grand Jnnction 14 3 — Wiitangi 0 I 0 — •Premium. STOCK EXCHANGE. ' (By Telegrwh.—Press Association.) Auckland, March 15. Sale.?:—Grand Junction. 245. 3d.; Auckland Trams (ord), 21s. 9d.; Now Zealand Uortland Cement, Bs. 3d. Chrlstohurch, Maroh 15. Sales reported:—Talisman, 2fe. Dunedin, March 15. The following sales were reported on the Stock Exchange to-dayWestp'ort-Stock-ton, 55., ss. Id.-, Bank of New Zealand, old, £11; Auckland Trams, ord., £1 Is. 9d. ' Stock Exchange quotations aie as follow Dredging shares: Golden Bed, buyers 45.; Rise and Shine, buyers £1 75.; Rising Sun, buyers 19s. Mining shares: Nokomai Hydraulic, sellers £1 25.; New Sylvia, buyers 7d.; Talisman Consolidated, sellers £1 65.; Waihi, buyers £2 2s. 3d.; Waihi Grand Junction, buyers £1 4s. 4d„ sellers £1 4s. Bd. Investment shares: National Bank, buyers £5 Bs., sellers £5 10s.; Hank of New Zealand (old), buyers £10 17s. 6d„ sellers £11; Union Bank, buyers £56 Se„ sellers £57; National Insurance, sellers £2 lis.; New Zealand Insurance, buyers £6: Standard Insurance, buyers £1 165., sellers £1 17s. 6d.; Union Steam Ship Company (ord.), buyers £1 3s. 10d.; Union Steam Ship Company (pref.), sellers £1 Is.; Westport Coal Co., buyers £1 12s. 6d., sellers £1 135.; WestportrStockton, buyers 55., sellers ss. 2d.; Kaiapoi Woollen Co. (pref.), buyers £5; Milburn Lime and Cement, buyers £1 9s. 6d;; Mosgiel Woollen Factory, buyers £3 14e. 6d.; New Zealand Paper Mills, sellers 18s.; New Zealand Portland Cement, buyers 75.: Donaghy's Rope and Twine, buyers £1 35., sellers £1 fc.; Auckland Electric Trams (ord.), sellers £1 2s. COAL EXPORT. Creymouth, March 15. The week's coal output:—Paparoa, 218 tons scivt.; Blackball. 5815 tons 3cwt.; Point Elizabeth, 1765 tons 13cwt.; Liverpool, 1854 tons lewt. Total, 9653 tons 2cwt. WAIHI REEFS-GIGANTIC. The mine manager's report for the pas! week is as follows:—Crosseutting in 1000 ft. level. The north crosscut now measures 274 feet from shaft, the distance advanced for week is 15 feet, and the country being penetrated has firmed to strong blasting country, and is hard to drill. I should not be surprised to find this to bo a narrow ■ belt encasing the reefs system.' In the> south-east face, 17 feet. havo been driven, making total 191 feet, without any noticeable change in country; tho distance drivep. for both drives is 32 feet, being short compared with past weeks, but it is accounted for hy harder rock, and shorter time worked, owing to sickncse. All machinery is working smoothly, and work is now going on well.