SHAREMARKET.

Auckland Star, Volume XL, Issue 51, 1 March 1909, Page 5

SHAREMARKET.

BUSINESS DONE— Royal Oak V Karangahake lOd, 10_d, lid Waihi lex. dlv) 1"8/ ■May Queen 1/10 Hauraki Freehold 3d Talisman Consolidated 45/6 Auckland Tramways (ord.) 21/ STANDARD STOCKS—

Mountain King (cont.) 0/lOi.. 0/9 i MINE MANAGERS' REPORTS. Karangahake.—The Taukanl level is now In 529 ft. The country is the best we have yet seen at this level, being brown andesite. Interlaced with seams and leaders. About 15ft should take us to the No. 3 reef. The flow of water from the face is increasing. Tairua Golden Hills.—No. 1 reef, north. The continued increased prospects being met with Is a very Important development. The lode looks well, and appearances point to still further improvement. The distance in from crosscut Is 78ft. The rise is up 91ft, on ore showing good values. In the south-west and north-east crosscuts an improvement in both ends is noticeable, and from its position Davis' reef should soon be to hand. Work at battery site is being pushed on, and machinery arrived should be on site in a few days. Victoria.—The development works on the leader in the wall of No. 2 reef at the intermediate level below No. 2 are still proceeding. The leading stope is being carried along over the drive at the eastern end of these worklugs, and at this end the leader has crossed through the No. 2 reef Into the footwall. side. So far no great Improvement has taken place as regards the value of the ore, but the leader has opened out in size, and is' carrying a large quantity of bright blocky mineral, and looks promising. May Queen.—During the past week a survey has been made of the workings from the northern crosscut at the level of the Queen of Beauty shaft, and this has disclosed the fact thnt the lode being driven on eastward at this point is not the main No. 4 lode, but only a branch from It, and that the main portion on which the winze was sunk from the level above Is some 30ft In the wall at the end of the drive. A crosscut is now being driven to intersect the main body below the bottom of the winze so as to allow of a rise being put up to connect the two levels, which will then open up a large block of ground for stoplng operations. In the southern drive at this level the reef is at present broken up somewhat owing to a clay break having been Intersected running across It at a long angle. Crushing Is proceeding at the battery, Thf 'tgga »togT* No. 6 level are itlll

SeUers. Buyers. Bank of New Zealand 176/0 .. 172/6 New Zealand Insurance.... 75/0 .. 73/6 National Insurance 29/0 .. 28/6 South British Insurance... 82/0 .. 50/0 National Mortgage 56/0 .. — N.Z. and River Plate 34,3 .. 33/6 Northern Coal (10/ p.u.).. 13/3 .. 13/0 Taupiri Coal 18/6 .. 18/3 Westport Coal 127/6 .. 123/6 Drury Bricks (cont.) 3/9 . . — Auckland Gas 233/0 .. 2S0/0 Auckland Gas (new) 21/0 .. — Northern Steamship (p.u.) 14/0 .. — Northern Steamship (cont.) 0/9 .. — Devonport Steam Ferry... 32/0 .. 30/3 Kauri Timber (p.u.) 32/6 .. — Kauri Timber (cont.) 15/3 .. 14/9 Mosgiel Woollen 63/0 .. — Auckland Tramways (pref.) 21/6 .. 20/6 Auckland Tramways (ord.) 21/6 .. 21/0 D.S.C., Limited 4/0 .. 3/6 Hill and Plummer 21/0 .. — New Zealand Cement (new) 28/0 .. 26/6 New Zealand Cement 36/6 .. 35/6 Northern Boot 11/0 .. — New Zealand Paper Mills.. 22/8 .. — Tonson Garlick Co.. Ltd... 19/0 .. — Wilson Cement (ord.) 36/6 .. 35/6 MINING STOCKSSellers. Buyers. Kuranui-Caledonian 1/0 .. 0/7 Magnet (cont.) 0/2 .. 0/1 May Qneeu 2/0 .. 1/9 New Sylvia 1/9 ".. 1/7 Eaxon 1/9 .. 1/7 Victoria 0/10 .. 0/9 Wniotahi 2/2 .. 2/0 Waitangi 3/2 .. 2/9 Haurakl Freehold 0/5 .. 0/4 Old Haurakl Mines 1/1 .. 0.10 Royal Oak 1/4 .. 1/1 Lanlgan's Antimony — .. 0/6 Champion (p.u.) 1/1 .. 0/10 Champion (cont.) — .. 0/7. Crown 4/6 .. 4/4 Karangahake 0/11J..O/10. Komata Reefs 0/9 .. 0/7 Phoenix (cont.) 0/4_ .. 0/'A} Tairua Broken Hills 1/6 .. 1/4 Tairua Dawn 0/2 .. 0/1 Tairua Triumph 0/2 .. 0/1. Tairua Golden Hills 5/3 .. 4/9 Tairua Conqueror 0/2 .. 0/li Talma Reefs 0/3J .. 0/2. Talisman Consolidated 45/9 .. 45/6 Waihi, ex div 180/0 ..177/6 Waihi Beach 0/4 .. 0/3 Waihi Extended 3/3 .. 3/1 Waihi Grand Junction 23/3 .. 25/0 Waihi Grand Junction, rights 7/6 .. 7/3