MINING NEWS
• . WELLINGTON SHAKE MARKET. Two sales were reported on 'Change yesterday, when Talismans sold at £1 2s. 3d. and Waihis at £2' 4s. 3d. and £2 4s. 6d. The quotations were as under:—
STOCK EXCHANGE. (By Telegraph.—Press ABSoclatlon> Auckland, March 31. Sale reported:—Talisman, 225. 6d Chrlstchurch, March 31. Sales reportedWaihi, 445. 6d.; Waahi Grand Junction, 245. 9d. Dunedin, March 31. The following sales were reported on the Stock Exchange to-day:— Waihi Grand Junction, £1 ss. 2d. Auckland Trams (ord.), £1 Is. 9d. Union Steam (ord.), £1 3s. lid, LONDON QUOTATIONS. By Telegraph—Press Associat,ion~OopyTighl London, March 30. Stock and share market quotations include:—British, 276. and 285.; Broken Hills, 41s. 3d. and 425. 3d.'; Australian Mercantile, £89; City of Sydney, £94; Dalgety's, £124 and £86 10s. GRAND JUNCTION RETCRN. . <I!y Telegraph.—Press Association.! Auckland, Jrarch 31. Grand Junction return, £15,317 from 10,020 tons. WAIHI REEFS GIGANTIC. The manager of the Waihi Reefs-Gigantic Consolidation, Ltd., reporting on operations at the mine for the week ending March 20, says:—The contractor for crosscuts at the 1000 feet level has advanced the work in North End 10 feet and S.E. 14 feet, total for week 24 feet, making the distance driven north from the shaft 297 feet and S.E. 215 feet. In the north face the country is exceedingly hard to drill, making progress slow. We havo penetrated this hard rock some 20 feet, and thero are now indications of a changc; a slight flow of water is noticeable as the face Is drilled, and I quite hope to meet with quartz when this belt is pierced. In tho south face the country being penetrated ig a firm andesite, favourable for the existence of reefs. The exceptionally heavy rainfall of late has caused in the mine a slight increase of water, but machinery is coping with game at moderate speed.
Buyers. Sellers. £ b. d. X s. d. Consol. Goldfielde 0 12. 0 — Murray Freehold Co 13 0 — New Sylvia 0 0 8 0 0 10 Graml Junction 15 0 — Waitangi Con., N.L 0 12 0 16
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https://paperspast.natlib.govt.nz/newspapers/DOM19150401.2.60.9
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Dominion, Volume 8, Issue 2425, 1 April 1915, Page 8
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340MINING NEWS Dominion, Volume 8, Issue 2425, 1 April 1915, Page 8
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