THE GOLDFIELDS.

Auckland Star, Volume XXXV, Issue 205, 27 August 1904, Page 3

THE GOLDFIELDS.

ON 'CHANGE.

Business showed decided improvement to-day, Waihi Extended, advancing from sellers at 7/6 yesterday to Bale this morning from 7/9 to 8/1, and Prides changed hands at 1/2. Mahara Royals douhled their price, selling yesterday afternoon at sd, and to-day, in large parcels, from lOd to lid. Alburnies were also firmer, and Saxons sold at 4d. Moanataiaris and Kuxauuis, on the other hand, were easier. Talisman Consolidateds declined over a shilling, being offered to-day at 7/, while 6/ was the best buying quotation! In Coromandel lines Hauraki Freeholds sold at sd, and Golden Suarks at 5Jd. Bunker's Hills were wanted at 2/3, and Old Haurakis at 2/2 and 1/11 respectively. In Standard lines a sharp rise took place in Bank of New Zealand shares, holders asking 130/. while buyers advanced from 112/ yesterday to 120/ to-day. CORO-___in>EL MINES. (By Telegraph.-—Own Correspondent.) COROMANDEL, this day. HARBOUR VIEW. Good progress is being made with the crosscut towards the Associated section. Caleite stringers are now being met with, and it is considered probable that the lode will be intersected shortly. GOLDEN SPARK. A large lode was intersected yesterday in the main level. It looks very promising. HAURAKI FREEHOLDS. Good crushing dirt continues to come to hand from the stopes on Anderson's leader. Colours of gold are frequently seen, and occasionally a little pinked stone is secured. WAIHI ALMA. Shareholders in the Waihi Ahna G.M. Co. met yesterday at Mr. S. H. Matthews' office, when Mr. C. E. MacCormick presided. It was decided to sell 5000 of the forfeited shares at the amount paid up, in preference to makign a call. AH the shares were taken up in the room. NEW SAXON. Shares in the New Saxon G.M. Co. sold at 4d on the Exchange to-day. Bullion worth £85 19/6 was banked yesterday, but the quantity of ore treated has not yet transpired. OLD HAURAKI. The manager reported to-day that the drive on Legge's lode from the hangingwall of No. 2 winze below the 220 ft level has been extended eight feet in good firm country. The lode varies from G to 8 inches in thickness, some of the stone being very promising in appearance, more especially that portion of the lode near the footwall. So far no picked stone has come to hand. The reef has been again stripped, and will be broken down next vveek. MAHARA ROYAL. A sudden demand set in this morning for shares in the Mahara Royal G.M.Co., ' Tapu. Last evening transactions took place as low as sd, but this morning free transactions occurred at lOd and lid, several thousands changing hands at those rates. The cause of the rise was the fact that good specimen stone has been' obtained from the winze. A few pounds were on view at the office of Mr. Sheath to-day, and it was estimated to be worth about an ounce to the pound. This winze is down 44ft below the lowest level, and was sunk on the first run of gold met with. In the winze the reef is sft wide, with well-defined walls and between; the .tone is of a rubbly nature in which are found these patches of specimen stone. Crushing is at present proceeding at the battery, and the general ore is reported to be shaping for a payable return. WAIHI SCHOOL OF MINES. The month.lv meeting of the Council of the Waihi School or Mines took place last evening-, when accounts totalling £39 IS/6 were passed for pa.v_.eut. It was stated that £__> worth of chemicals were expected shortly from London, also that a contract hud been let to Mr F. Chappell for the erection of an engine and dynamo-room for th..- electric apparatus. Owing to liiheultli. Mr Hetild resigned the position of secretary, but the Council resolved not to accept It. and meanwhile Mr C. L. Clark was asked to act In his stead. THE SKAKEMABKET. AUCKLAND STOCK EXCHANGE. TO-DAY'S QUOTATIONS. ■• I_SIN__S DONEMOENING CALL: Mahara lloyal . .* lid, lO.d New Saxon 4d Waihi Extended 7/!) Hauraki Freehold 5d Golden Spark -_d NOON CALL: Mahara Royal lOd, 10Jd, lid, lOd .New Mouna taiarl 1/5 Waihi Extended 7AO, 8/, 8/1 Pride of Waiht 1/3 VIANDAKD STOCKS— Sellers. Buyers. Bank of New Zealand 1.0/0 .. 120/0 New Zealand Insurance . . 100/0 . . 95/0 South British Insurance . . 140/0 . . — N.Z. and Klver Plate __/10 .. 25/3 Hikurnngl Coal — .. 12/6 Tanplrl Coal 19/6 .. 18/9 Auckland Cas _SJO/0 .. __u/0 Thames Gas __/G .. 3i/« Uuion Steamship —• .. 265/0 Northern Steamship (cont.j S/6 . . 8/3 Devonport Steam Ferry .. — .. -6/0 Kauri Tl__h_r (con..) 4/9 .. — Avondale Brick & Pottery 1.0/G .. — D.S.C. I-imited 1176 .. 12/2 Theatre <_ Arcade Co.. r. 20/6 .. -- Milne & Choyce, Ltd. (pref.) 23/0 . . — Milne & Choyce, Ltd, (old.) 22/0 . . — Northern Boot — .. 7/0 .MINING STOCR.S— Kuranui l/_ .. — Krranui Caledonian 1/4 .. l/l .Mahara Koyal 0/10... 0/9. New Moanataiarl 1/7 .. 1/4 Old Alburnia 1/0 .. 0/11 New Saxon 0/4. .. O/.J Crown 0/0 .. — Golden Belt (p.u.) S/.1 .. 3/0 Golden Belt (cout.) 2/10 . . — Komata Beefs 2/4 . . 2/2 Talma Broken Hills 2/9 .. 2/0 Talisman Consols 7/0 .. 6/0 Waihi 122/6 . . — Waihi Beach 0/4 . . 0/3. Waihi Consolidated 1/5 1/1 Waihi Extended 8/H . . 8/0 Waihi Grand Junction .... 50/0 .. — Pride of Waihi 1/4 .. 1/2 Bunker's HHI 2/9 . . 2/3 Hauraki Freehold 0/5_ .. 0/5 Old Hauraki (p.u.) 2/6 .. 2/2 Old Hauraki (cont.) 2/4 .. 1/11 Harbour View 0/5 . . 0/4} Golden Spark 0/5 .. 0/31