THE GOLDFIELDS.

Auckland Star, Volume XXXIX, Issue 98, 24 April 1908, Page 2

THE GOLDFIELDS.

SHAREMAKKET.

A fair amount of business was transacted on the istock Exchange to-day. , : .iWaihi snares sold lip t0..103/, with a later transaction at sixpence lower. *"!\YaiotaM shares sold freely at 2/10, iind. - Talisman- Consolidated changed ; liands ai o—/, a.t_ which figure raore could be placed. Tajrua Triumph shares >vere sold at ~Z/,~ with further buyers at 1/11. Paid-up Golden Hill shares were placed at "2/9, Waihi Consolidated at 1/S, ■while a small parcel Of" Champion Contributing shares were placed at 4/. Investment stocks had lair inquiry, but the onlY sales reported were Northern (Coal at 16/S, and Taupiri Coal at 20/3. THE WAIHI MINE. lAIPORTAXT DEVELOPMENTS. LOWEST LEVEL. ROYAL TTFrF,F COT AT 1000 FELT. (By Telesraph.—Own Correspondent.; WAIHI, this da;*. A great deal of satisfaction exists here ever the intersection of the Royal lode at the 'Waihi Company's No, 8, or the 3000 ft. level. The reef struck is 103 ft. irom the shaft, and has so far been penetrated twelve feet. This lode, which is ivery compact, promises to be even larger than where met with in No. S level, the reef at the corresponding point in the ievel above being ISft. More will be known as regards the development m a few days, but tbe intersection of the EoyaTlode in this new low level contributes additional evidence, if any were needed, ot' the downward continuation and pennanepx-y of the Wjfihi reef . system: itnd" the part af t&is .reef being; intersected at a depth of a thousand feet, the lowest level in the Dominion, shows that, successful deep level mining in New Zealand i 5 something to be reckoned with, and is more than a theoretical dream. Shares in the Waihi Company began to ;mave upwards yesterday, "and this morning sale* "were "made up to 193/. ~ TEMPLE BAR. The manager telegraphed: "TJroke down the reef in the western face of the S"mze. Secured 21bs. of picked stone." -"- - BOSS GOEDPIELDS.-"" - The work of ordering £25,000 worth of plants for the Ross Goldflelds (Ltd.) has been completed by the engineers, Messrs. G. S. Maben, and H. M. Smythe, who returned from England yesterday. This is the alluvial claim at Ross, which the Government subsidised to the extent of £15,000. The Ross Goldfields, Ltd., has a capital of £30,000. iLLXE itAA-AGERS' REPORTS. Rising Sun.—The erossent from the main level is being pushed ahead. Tbe country Is a good deal firmer. Yesterday a reef was intersected: course, about north and . south, underlying to the west. The quartz has a kindly appearance, bnt I cannot say much about it until more work is done on it. The No. 2 winze has been sunk a distance of oft for the week. The reef is well denned, and contains a good deal of "sulphides, and gold is seen freely in the one broken.

Ngatiaw.i.—Owing to a change in the face the bottom level has T>ee~n stopped for the present, and the men put on to hole through to the upper level, so as to open up commnnicaxiori with the part of the mine from whence the best values were obtained in the past-

waihi Extended.—Drlvlns both ways is beii!~-continued on the lode in the intermediate level. Payable stone is coming to hand. A sample from the north-east face £2 1/9. About 30ft has been opened on j the lode at this point. Two shifts are employed sinking the shaft. ~ ; -bouth.erfl Queen.---A crusn'ing of 12 -loads from the rise-~yielded bullion -worth £X& JO/9. As there is. no.particular run of gold in the rise, it being distributed from one! end to the other, a start has been .made to etope thig block of .ground, which is extensive, and intact to the snrface. This should give, regular payable crushings. ■-SHAREMARKET. iSCSESESS DONE Tairua Triumph .■ ~. .". 2/ ■\Vaihi :.....-..... ■.-. .v.. .-;l3a/6, 193/, 192/6 Southern Queen .- '...: .-. v.ljd ; ■Walotati -.-:..;.... ;.;..... .2/10 I dolden Pah 4ld Comstock ..-....;.. 5d Talisman Consolidated 52/6 lairna Golden Hills (p.u 2/9 Waiii Consolidated 1/8 Northern Coal 16/8 -Ta-upiri. Coiil ....; vni. >~-..; .20/3 Champion (corn.) 4/ STANDAKD STOCKS—" Sellers. Buyers. ißank of sew Zealand 192/0 .. — .National Bank -. 10S/0 .. 106/0 iNew Zealand Insurance.... 77/0 .. io/ i'.Z. and -Hirer P1ate...... 34/0 .. 33/0 iliiurangi Coal 10/O . . S/9 Xonherj Coal (.10/ p.u-.)..-.. 17/0 .. ltS/4 a'anpirl Coal : _20/6 .. • WestportCoad---.;..-.-;v.... — ..-1-40/0 Westport Stockton 10/6 .. — •Uruxy Coal ' 4/6 .. — Auckland Gas ...". r.:;.~ — .. 300/0 Birkennead tjas — .. 25/6 Steamship 1p.u.).. 17/6 .. 17/0 Northern SteamshiD (cont.) — .. fc>/2 Devonport Steam Ferry. 3S/0 .".- 31/6 iLauri Timber (cant.) 12/0 .. — AnddaEd Tramways (prei) 24/6 .. — Auckland Train ways (.ojrd-).. 24/9 .. — D.S.C.. Limited 4/6 .. 4/1 Grey and ilenzies (pref.).. 11/0 .. — Grey and ileuzies 10rd.)... y/0 .. — Hill and f-iummer 21/0 .. — Tiieaxre and Arcade Co. (pret) 20/6 .. IS/6 Tlieatre and Arcade Co. lord.) 19/0 .. — Milne and Choyce, Ltd. (pref) — .. 22/6 New Zealand Drus 52/6 .. — /2s ew Zealand Cement- 32/3 .. 30/6 /Seir .Zealand Paper Mills.. 23/6 .. —• Tousoit (iarlick Co., Ltd... IS/B .. — Union Oil — .. 22/0 Wiseman ana Sons (ord.).. 12/11 .. 12/7 "Wiison Cement (pref.) — .. 48/0 Wilson Cement (ord.) 4S/0 .. 4T/0 ■iiiMXG STOCKS— ' Setters. -Buyers. Knranui-Caledonian 1/0 .. 0/9 2lay Qneen 1/10 .. 1/9 jSew Moanataiari 0/5 .. 0/2 New ilonowai 0/5 . . 0/2 i New Sylvia 1/2 .. l/o" Old AlLurnia ". 0/10 .. 0/7} Saxon 0/S .. 0/5 Southern Queen 0/2 .. 0/1J Thames 0/l0 .. 0/S Victoria 1/0 .. 0/9 Waiotahi 2AI ■ • 2/9 ■\Vaiumgi 2v6 .. 2/1 Watchman '... . 0/7 .. 0/54 Consolidated Goldfields IS/O .. 17/3 i'rui:ress Mines 14/0 .. 11/0 ULickwaier 24/0 .. 22/6 Ajoidun Pau 0/5 .. 0/4J .iifi-nrati Freehold 0/7 i.. 0/5 Oi(J UauraKl iiines 2/1U .. 2/8 -CUsiistock (coatj 0/9 .. 0/6 -Oliainpioii (p.u.) 5/3 .. ijyj -Chajupioa icout.) 4/3 .. 4/0 Crown ... ". 7/3 .. 7,1 ■I>ominion 0/o* .. 0/5 -Xiotden- Belt -... 2/0""- 1/8 -Karangahake - -]yg '' lyl -Xc-mata Keels ift .. j/j •?;ew .Waitekauri ...:.....„-. 0/9 _, 0/6 j, .Keady Bullion 0/10*.. 0/9 A -Rising San 0/9 ".. 0/5" Silve.- Hi'ls 0/7 O/6 Tairua Broken Hills 3/! 0 __ 3 / 6 Tairmi Triuaipn ..._ 2/0 .. 1/1 Tuirua Golden" HIU= Cp.ii.)!. a/o 2/9 ffairua Gc-ldeo Hills (cont.).. 2/S '.' 2/7 "STidrua "ExtendeJ:..'-.'.'..'........ OjQi '.'. o/g* Talismaji Consolidated 53/0" 5 0 /0" ■■SVaihi"" 7 . .".....'•••"•••«-•••*••••-193/0 ..192/0 ; rWiSilßeaca .--"---Wi.- •• °/ s i ■■ ■ 0/6 Cansolidated - • i/9 .. 1/3 rtValfii 'Sxiended .. 4/Q .. 3,3 ■WsiM Grand Ivmction. ."-i-;, 37/6 .. 35/0 aimmisin Kins (contj .%. ~-Q .. 0/7 •Brilliant (coat.) ...:.:.,.... .. o/i} .—».«. „ 0/2 SeaUawa -»^i~. ....■■■-■» .. I/0

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New "Waltekaurl.—The stopes oft Baker's I Pass are producing a fair quantity of good ! ore. There are now between 40 and 5U ! tons of ore broken ready for the -mill. The manager banked 2130zs Idwt of bullion.