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SHAREMARKET.

BUSINESS DONE— Auckland Tramways (pref.) 21/6 Auckland Tramways (ord.) 21/6 Alsy Queeu ...1/10 Grand Junction 26/, 26/3 Taupirl Coal 18/6 Northern Steam (p.u.) 13/9 Royal Oak (p.u.) 1/6 Royal Oak (cout.) 1/3 New Zealand Cement (new) 27/ Talisman Consolidated 45/9

, MINE MANGERS' REPORTS. t New Sylvia.—The rise on the reel in the J north end is up 45ft, and it shows a fine •• 2 body of quartz and refractory ore. The & l -n-hole of the reef is being saved for i , ' crushing. It gives looee gold by dish tests, S in addition to. the rich relractory ore that 1 " i it contains. . f l j Bendigo.—The men are now sft into the t i reef. The first 2£t on the footwall side c showed gold freely, it being very good or*, < •" I but the nest 3ft is of little value. The 1 1 • drive will be continued in order to see what t s ' the hangingwall is liie. 100 ft further i ahead the outcrop of the reef is 12ft wide. t ' and gives good prospects, while in some of ] 'i the stone, gold can be seen. s ;. Old Alburaia.—The rise Sβ still in good j j firm sandstone. t _: Mag-net.—During the week dab? of gold , i were seen in the quartz broken from the , rise. , Tairua Broken Hills. —No. 3 reef in the rise is one foot in width, but very poor. Owing to shortness of water the battery has only run two days during the past week. There are 2500ze of amalgam on hand. Old Hauraki.—Driving west on No. 7 < ~ reef from the junction of Xo. 2 cross reef at the 300 ft level is proceeding, to develop c a block of No. 7 still intact, and also to re5, cover the cross reef No.. 2 south of No. 7 5 reef. Id the drive on No. 8 reef, at the 300 ' ftet level, colours of gold have been seen. Kuranui. —Operations are being conducted ,r on the reef discovered north of the Eureka n shaft with a view to getting a trial parcel of ore (five tons). , Tangla.ro.— The drive north in the low «* level on the Golden Shore Keef is now in o bsft from the crosscut. The reef continues . s about "ft in thickness, and Is of a friable | . nature, showing an excellent class of bright - ,1 I minerals favourable for making rich ore at an.v time. Water continues to flow out of the face, freely Indicating that another ore body may be. met with ahead. On the north side of tb« range near tlie shaft the Golden Shore reef has been located, and a start made to drive south oh it, and tiie lace is in 6ft. The reef is of a puggy nature and a little split up.

STANDARD STOCKS— Sellers. Buyers. National Bant — •• 102/6 Xew Zealand Insurance.... 74/9 .. <4/3 ■South British Insurance... 52/0 .. — National Mortgage 5*5/0 .. — N.Z. and River Plate 34/0 .. 83/6 Hikurangi Coal — .. 17/0 Northern Coal (10/ p.u.).. 13/3 .. 13/0 Tauplri Coal 18/9 .. 18/0 Drnry Bricks 3/0 ... — Auckland' Gas 3S3/O .. 250/0 Auckland Gas (new) 21/0 .. — Northern Steanisnlp (p:u.) 14/6 .. 13/9 Northern Steamship (cent.) 6/9 .. 6/4 Devonport Steam Ferry... 32/0 .. 30/0 Kauri Timber (p.u.) 32/6 .. — Kauri Timber (cont.) 15/0 .. 14/9 Mosgiel. Woollen 63/0 .. — Auckland Tramways (pref.) 21/6 .. 21/0 Auckland Tramways (ord.) 21/6 .. -21/3 D.S.C., Limited 4/0 .. 3/6 ! Hill ana 1'lummer 21/0 .. — Xew Zealand Cement (new) 27/3 .. 27'0 New Zealaud Cement 36/6 .. 35/6 Northern Boot 11/0 .. — New Zealand Paper Mills.. 22/6 .. — Tonson Garlick Co., Ltd... 19/0 .. — Wiseman and Sons (ord.).. 13'6 .. — Wilson Cement (pref.).... — .. S6/0 i AVilson Cement (ord.) — „ 35/6 MINING STOCKS— Sellers. Buyers. I Kuranui-.Caledonian 0/9J .. 0/7J Magnet (cont.) 0/2 .. 0/1 Muy Queen '.. 1/11 .. 1/9 New Sylvia 1A0 .. 1/7 Saxon ■ 1/10 .. 1/7 Victoria 0/11 .. C9 Waiotahi 2/2 .. 2/0 "Waitangl 3/1 .. 2/9 Hauraki Freehold 0/5 .. 0/4 Old Hauraki Mines 1/1 .. 0/10J Royal Oak (p.u.) — .. 1/4 Royal Oak (cont.) Vβ .. 1/3 Champion (p.u.) 1/2 .. 0/11 Champion (cont.) — .. 0/8j Ccown. - 4/6 .. 4/4 Karangahake 1/0 .. 0/10 Komata Reefs 0/9 .. 0/7 Tairua Broken Hills 1/6 .. 1/5 Tairua Dawn 0/2 .. 0/1 Tairua Triumph 0/2 .. 0/1* Tairua Golden Hills 5/3 .. 4/9 Tairua Conqueror 0/2 .. 0/1 j Tairua Beefs 0/3J .. 0/24 Talisman Consolidated 45/8 .. 45/6 -WaiM 179/0 . .177/O Wainl Beach 0/4J .. 0/3 Walhi Extended 3/3 .. 3/0 Vaihl Grand Junction 26/3 .. 26/0 Vv'aihi Grand Junction, rights 7/D .. 7/3 , Mountain Kins' (contO 0/101.. Ofi)j

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19090302.2.21

Bibliographic details

Auckland Star, Volume XL, Issue 52, 2 March 1909, Page 3

Word Count
723

SHAREMARKET. Auckland Star, Volume XL, Issue 52, 2 March 1909, Page 3

SHAREMARKET. Auckland Star, Volume XL, Issue 52, 2 March 1909, Page 3