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SHAREMARKET.

BttSINESS DONE— Kanri Timber <cont.) 13/ ©rand Junction >--—..—----v d *(s (Olil Hanraki . - -....J. Mα Ma.T Queen , . — V*. Va ■R-aitangi 4/3, V 4 Moavtt Zeehan .-.^—»— — •- — — •••• «a Eorai Oak (con±.) IA I ißoj-al Oak (p.uO . -— 2/1 Karaugahate .-» — r- W Talma Golden Hills . ...0/6 Talisman Consolidated .-— 48/6 TTaihl • I°s{ ißank of JJew Zealand ... — — In/ Kew Zealand Cement . ...„—. 40/6, 40/9

fib „©t the main reef also VJ. /, co '? ors of eo\& In the slopes. At £. <._? , c I of gold have been seen in the .leader. ! Rising Sun.—The contractors have driven n further 8 feet;-the ' country i s a bit f« consequently retarding progress or£„i?" ( -J Have _ fl3:ed u » a magazine and cleaned the engine. ■Dominion.—The low level is in 474 ft. The country is the hardest yet met with, Demg all shooting ground. f„~ at ?£ ma ' a -^~ A - sample of mineralised ore from the reef in the Watchman mine, assayed by Mr. A. T. Firth, yielded £3 1/1 ? er -_ t -°~ _, The mfl aag;er reports the drive is Iln PP f J om the end of the winze The reef- is the full width of the drive The 2J_M r V_. te . of ■?■■ P»y abJ e nature, aud shows gold freely. In the western face the quartz Is becoming much fli-mer. It is heavily charged with zihe blend, galena and mineral of a splendid class. Samples have been forwarded -to the School of Mines lor treatment. m sl"i ln f l - _ , Ia the Bt °P e a* the intermediate level west, the leader has pinched ?155 • nd . the country is broken. Hansen's leader is improving, and fair prospects can now be got in the dish. Work has been started on Birth's reef It has been uncovered for 27ft. Dixon's Consolidated.—During the past week several quartz and mineral veins nave been passed through. On Thursday last a reef formation was met with. Some or the stone showed good mineral indlca-rt,?-;-.K T - c _! e , ef that was cut through on tZ%J,l tk ls driven upon. It is of a favourable description for gold. mSPwISf- - ? 16 fllce ls iv 888 ft, and a t?.» ™ , Uis .5 eavll y mineralised and e«H_^? Ser coas, s ers there is every' Indication of an ore body being met with at any time. In the surface work, eight fell hi _2 Uartz „ has been penertated The S l all r^° rti ? n is beiirll y mineralised. Magnet_—The rise on the hangingwall of the mam reef north is up 04ft. Thl formation averages oue foot in width, and ls still carrying a pug formation. The quartz 4™,™&' **? . the mineral indications favourably A few colours of gold were got by dieh tests from tlie pu~ Talisman Consolidated, Ltd.—The report for the fortnight ending March 13th 1909 Is as follows:— Xo. 11 level: No. in crosscut advanced 15ft; total 106 ft. So change to report. No. 8 crosscut advanced 16ft; total <J33ft Several small seams of quartz' have been cut. but none of them carry values The north and south drives on reef at 540 ft have each been extended Oft; widths and values show no improvement. Stopin"The assays from east vein stopes average £1 3/4.; tons sent to mill, 140. The values from stopes off No. 12 rise average £■> 5/4; fons sent to mill, 300. The assays from stopes off No. 5 rise average £1 7/9; tons stmt to mill, 260. No. la level- South drive advanced 41ft; total 1337 f- width of reef, 48 inches; average of assays. 3/2. The west crosscut at 1272 ft has been extended 12ft; total 24ft. A seam of quartz 12In in width has been intersected; values, nil. Stoping: The assays from stopes off No. 5 rise average £12 5/2; tons sent to mill. 230. The stopes off No. 12 rise have given values that average £14 1/11; tons sena to mill, 360. The assays from east vein stopes average £5 12/1; tons sent to milS, 230. The assays from the No. 2 North Block stopes average £1 0/10; tons sent to mill 160. Pumping: The water ln Talisman shaft nas been reduced Bft; total reduction, 80ft. New Sylvia.—ln the north-east face at the low level 46 feet north of the rise h«_s been driven. The reef is the full width of the drive, composed of valuable ore, the whole of which is being saved for treatment. A decided Improvement is noticeable in the value of the ore, colours of fine gold being obtained by dish, tests. Approximately 180 feet has been opened on the Hue of reef, giving good average values for the whole distance. The average assay value for the week is £4 2/ per ton.

6TAXDASI> STOCKS— Sellers. Buyers. ■Bank of Sfeu , Zealand .... — . • 176/0 National Bank 107/6 ..106/0 ISew Zealand Insurance . 78/6 .. ■ — •South British Insur-tnce.... — -. 50/0 Standard Insurance _ — .. 20/6 Hlkunmgi Coal 20/0 .. 17/0 Xorthem Coal (10/p-a.) 13/0 .. 12/6 aaupiri Coal — •- 18/3 .Westport Coal 132/0 .. 128/0 Unctland Gas (aew) 21/0 _ 20/6 Auckland Gas 295/0 .. 287/6 Gisborne Gas 04/0 .. S2/8 Northern Steamslilp (p.u.) 13/6 ♦. 12/0 Northern Steamship (cont.) 6/7 .. 6/3 Devouport Steam ferry „.. Sl/0 .. — Kauri Timber (p.u-) 33/S .. 32/6 Kauri Timber (cont) 15/1 .. 15/0 Auckland Tramways (pref.) — .. 22/0 Auckland Tramwaj-s (ord.) 22/3 .. 21/6 0).S.C, Limited 8/9 .. 3/6 Grev and Menzies (ord.) .. B/0 .. — Hill" and Plommer 21/0 .. — JJew Zealand Drug — .. 46/0 Nevr Zealand Otnent (new) 35/6 .. 85/3 New Zealand Ctinieat 42/0 .. 40/0 Tonson Garllck Co., Ltd... 19/0 .. — Uilsou Cement <pref.) .... — .. ■Wilson Cement (ord.) » — .. -iRj* MIXING STOCKS— Sellers. Buyers. Kuranni ™ 0/7 „ 0/5 Kurancl-Caledonian 0/S .. 0/6 May Queea V4 .. 1/3 New Sylvia 1/5 .. 1/2 Old Aiburnla XP-u-) V5 .. 1/3 Old Alburoia (cont.) „ - 0/9 .. 0/8 £axoa • 1A0 .. 1/8 Victoria _ 0/8 .. 0/3 Waiotaal -. 2/1 „ V10 ■Wallangi » 4/4 .. 4/3 Monnt Zeehau (.cont.) .. 0/4 .. 0/3 BlacSwater 24/6 ..22/6 Consolidated Goldfields 14/6 .. 14/1 ■Progress Uines ..- 9/6 .. 9/0 Ilsoriikl Freehold , 0/3 — 0/2J Old llaurakl Mines . 0A1 .. 0/9 Royal Oak (p.u.) .— 2/4 „ 2/1 Koral Oak (conr.) . 2/0 _ 1/Xl Comstock 0/4 .. 0/2J Crown — 4/6 .. 4/2 Karaagahake ,. 0/10i.. O/9J Tairua Broken Hills 1/6 .. 1/4 Talrua Triumph 0/3 .. 0/1 Tairua Golden HUls 5/S .. 5/4 Tairua Conqueror ..» . 0/3 .. 0/1 Tairua Reefs 0/4$ .. 0/3 Taiisraan Consolidated 4S/6 .. 48/3 "Waihi 185/0 ..184/6 •WaVhi E?ach 0/5 .. 0/3i "Waihi Consolidated 1/9 .. 1/4 "5Va:bi Extended 3/6 .. 3/4 VTaihi Grand , Junction 31/9 .. 31/3 ■Wuthi Grand Junction (option) 5/8 .. 4/6 Mountain Kin? (cont.) 0/7 .. 0/6 Sew Waitala 1/0 .. 0/7* - MIXB MiSAGEES' REPORTS. —Stoping on the'dropper In the winze :ll G level is- producing good craehJns din. In the level, a start has open r.;adc to drire from the footwali to conne,- ( -rith Mariner's Tcef, when a prospetunu- vise- tan be put up on the ree?. In .. level west, the reel is now the lull ■maii ci the drive, but 110 gold has been seen. In the sixth stop*, east of the rise, m6 » r - e £*v. a . boat n In width, and ®mx1 aaua oj joiff tatj beet , . eeeil .

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SHAREMARKET. Auckland Star, Volume XL, Issue 93, 20 April 1909

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