MINING NEWS
WELLINGTON SHARE MAKKET Mininy shares ware quoted yesterday as underrBuyers.. Sellers. £g. d. £s. d. Murray Creek — J ' 0 Succcfs Dredge — . 1 11 0 Talisman ' — 011 3 STOOIC EXCHANGE. 'By Telegraph—Press Assiciatnn. • Christchurch, June 23. Sales: Christchurch Meat, £19; N.Z. Farmers' Co-op., £2 9s. 6d. Dunedin, June 23. Sale: Westport Coal, £1 Bs. 6d. LONDON QUOTATIONS. By Telegraph-Press Association-Cojiyrieht London, June 22. Sharemarket quotations include:—Broken Hill Proprietary, buyers 595. 3d., sellers 60s. 3d.;-Ha-mpden-Clonourry, 375. 6d., 405.; Waihl, 365. 6d„ 365. 6d. WAIHI GBAND JUNCTION. By Telegraph—l'ress Association. Auckland, June 23. The London office of the Waihi Grand Junction advises that at. the annual meeting on June SO the annual accounts will not be presented. Tho directors expect to declare a second interim dividend of Is. per sharo, tax free, directly after tho. meeting. The books will be closed from June 24 to June 30. > Add WOOL SKINS after LOAN & MEItCA Messrs. Levin and Co. report that onl/ a few odd fadges of wool were offered, wool being held for the July 7 sale. The sheepskins market was very firm at jd. to id. advance on all lines. Hides wero Arm, ox hides unchanged, but oows advanced jd., and calfskins up to 2Jd. Tallow was firmer. .. WAIHI jREEFS-GIGANTIO. The .mine manager of the Waihi ReefsGigantic, reports for tho week' ended Juno 15, as follows on operations at Mo." 2 shaft;— North face has been driven an -additional 10 feet, making total distance driven north on reef at 300 feet level' 85 feet. Quartz, in face is strong, and reef as a whole bears a ipromising appearance, and improvement in values should appear at any moment. A very slight change to moro mineral in ore would have, that effect. SiueeMast report aertain work has been carried on at the 200 feet level on Favona reef. ' The drive at 300 feet level on this reef 'is also being cleared up, and this portion: will be. supplied. All machinery and cageo are working .well and cheaply,- and water in shaft* is no trouble. TALISMAN. Tho Mine Superintendent of the Talisman Consolidated has sent to London tho following cable message:—Woodstock section. No. 1 winze: Progress 21ft., reef 60in. wide, value £4; No. 15 level, No. 6 winze; Progress lift., reef 36in. wide, value £5 7s. 6d.; No.' 12 .winze, progress'l2ft., reef 12in. wide, valuo nil. ,
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Dominion, Volume 9, Issue 2805, 24 June 1916, Page 12
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392MINING NEWS Dominion, Volume 9, Issue 2805, 24 June 1916, Page 12
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