SHAREMARKET

Auckland Star, Volume XLI, Issue 40, 16 February 1910, Page 6

SHAREMARKET

BUSINt-SS DONE. AT THE 3.13 P.M. CALL YBSTERDAS. Dixon's Consolidated ...--. ...4d .wiv Sylvia. -*• 3/** l*oint itussell -- - °' < z ■ 4 *". \V uiiaugi Con-yOlidated 2/3, 2/4, 2/u YV__.lC-.---.Ull ..' VW Saxon • • • • • •'..''.' Cojusolidoted Goldlields 2XI/0, _o/<s l>iU iialiralii l*,_ - Crown W*' *g Lrowu Rojal •■■'*» Waihi JuO/b Waihi Grand Jnnction 31/3, 3XJ6, 31/9 St-iauard Insurance 23/9 Maine aud Choyce (jiref.) 20/9 AT THE 10 A.M. CALL TO-DAY. Point I-U-seil f^* 1 Blackwater Mines -w Conaulidaicd Goldlields —v» Golden Pah -■•••'-?. GIU Hauraki - 5/7, o/», i)/J Ka p anga XIA Tairua Broken Hills ;"? 'iaiksuian Consolidated ..-*2/, 52/ C,_ 02/ Waihi Grand Junction. - 32/ a AT TH'B NOON CALL TO-DAS. Ktrramii-Ca.edon'ian - — • X/& New Sylvia 3 /_* V ictoria t/ 5 Old Hauraki , 5/1° •Kapanga — XXA Royal Oak (cont.) X/'l Phoenix 3*d Talisman Consolidated. 52/9, 52/0, 62/3 Waihi 200/0 Waihi Grand Junction _32i/9, 32/G Saxon . Xfl South Jiritish Insurance —..— -07/0

THE BUSINESS DONE AT THE 315 PM CALL IS PUBLISHED IN OUR FIVE O'-CLOCK. EDITION DAILX. •MIKE M.ANAGEE.S* IMCPOEIS. Tararu IDnes.—Driving on the Vulcan reef at .No. 4 level has been In progress. A portion of the lode was broken to the face The reef continues to look well, which shows some splendid minerals of a very favourable character distributed through the quartz. lCarangahaki*-—ln tlie drive on the enstem wall the quartz is still of a hard nature but carries umri* mineral, and has a better appearance. At Ross's level tlie reef has been picked up, or a hniueh of the main body or quartz, it carries large blotches of good nnueral and colours of gold are seen by pounding and washing off lv the dish. Crown Boyal— No. 1 reef, though strong and firm, shoots .well when working in Its course; in fact, much better than It did Ld on ««°f^-S?. R ¥* ro "» h It Between 7 and Bft in 'Width is being taken out In the drive. The reef shows several bands of WW t^ I ."* S ' VeS a good opportunity for good boring, and hence fair progress. May Qneen Extended.— Tlie crosscut southward has been extended a fnrtheTdTsreally good class of sandstone, which became a luie milder during the last few feet of driving, and is now carrying nice silica seams and good mineral. j_ few small quartz stringers have also been" nal^ Silver Stream.— Tie tunnel is ta i_)3ft wall, two leaders Have been cut? one Jver"aglngb inches, and the other 3 inches Toil. of a kindly appearance. DOUI Magnet.—'Plie reef is about 2ft In liickness and heavily mineralised Tairua Broken Hills.—A 'formation of quartz, about aft Cm iv thickness, has been passed through, and a Uttle gold was sot by pounding. The manager thinks the reef should be to hand shontlv tte Reliance—The reef is six feet wide, and the quartz is well mineralised As the work is 600 ft below the workings which produced gold, the manager hopes for success. Mt. Welcome.—Blotches of strong gold are seen in the reef, whicli is now about a foot wide. Monowai.—Fonr men have been started to put In a crosscut 100 ft north of No 4 winze, where a large body of quartz exists and looks well Rising Sun.—The contractors have driven «j*t during the week, making a total of oS2ft. There is a great change for the better, the country being easy working! New Sylvia.—ln the north end of the mine at low level the reef does not show the usual width of payable ore, but the hangIngwall portion continues to yield ore of jvayablp vnhie, and this class of ore is making stronger again, and is heavily charged with zinc blend- and pyrites. About aft Gin of the reef Is being saved, the balance being at present composed of silica and white quartz of lower grade. In No. 2 rise a strong body of good ore Is maintained with some of tihe assays of very high valne This rise is now getting well on towards the upper level, and will no doulrt carry a stromr lode tho whole distance. Tairua Monarch.—No. 3 reef In the south face Is sft In width. The values are improving, anil good dish prospects can be obtained from the fnll width of reef The centre portion, shows gold freely, ia the

stone. Ia tin. north face the reef Is 2ft wide, and shows fair dish prospects. Mount Zeehan.—Sinking operations in the winze south end have been, delayed somewhat, due to timbering. A small stripping was broken ilown, showing good gold and rich sulphides. The reef still appears to be holding strong, going down. Champion Mines.—The crosscut to intersect Britannia reef has been advanced a further distance of Bft. Two men were engaged in trenching for ttie Ajax reef. A tribute lias been let to Collins and party in the Champion portion of the property. Waiotahi.—ln the stopes on the dropper at No. C level, the reef is about 15in in width, and dabs of gold have been seen. The intermediate level west from the rise on the junction of the main reef and hangingwall leader is in a distance of 59ft, but no gold has been seen. No. 4 level: 'l'ihe secoud stope on the hangingwall portion of the main reef is in progress, and a few small colours of gold have been seen. The stopes on the hangingwall leader are being continued as usual. The fourth stope has been carried west of the rise for a distance of 27ft. During the week 41b picked stone has been selected. The third stope has now been completed, and a fifth stope wes-t from the rise has been started to-day. The Mary Ann No. 2 level has been repaired and cleaned out for a distance of 221 ft from the shaft Scandinavian.—The NightiDgale reef is small at present, but the country is of the best description for gold. Lowrie's reef is tlie full width of the drive, and very hard to break. Some of the quartz looks very ■well, a_ad may make gold at any breaking down. Kiri Klri Consolidated.—Everything is in readiness for the erection of the ropes for the aerial line. On Thursday work was resumed in the main crosscut with two men. The lode at present measures fonr feet between walls composed of mullock with seams and bands of quartz intermixed. Scotia.—All the ore broken has been sent to the mill, and will be through the stamps on Wednesday, but, owing to the present method of cyaniddng the ore after crushing, it will take three weeks «r a month before Tve will get the solutions oot ««r the vats. WAIHI WARDEN'S COURT, (By Telegraph.—Own Correspondent.) WATTTT, this day. In the Warden's Conrt this morning, the following applications were dealt with:— Waihi Beach, for reduction for the Beach fore.4iore claim, also for Beach Nos. 1 and 2 claims. The Warden granted reduction to six men for six months for No. 1 clnim, and adjourned the other two applications. G. Shaw applied for six months' protection for the Waihi Golden Hills, granted; G. Arnold, six months' protection Waihi Prince .Extended, granted; T. James, six months' protection for Waihi Gigantic, recommended to the Minister; A Lciis, six months' protection for Waihi Gigantic No. 1, recommended. It was stated that botii these properties were being taken Home by Mr. Walker, also the Waihi IGentral, three claims. Application for protection of the latter was adjourned for production of the deed of option. Mr. Walker's applications for Waihi .Golden Hill, three claims, were adjourned for plans. G. Arnold applied for six months' protection for the Waihi Standard, which was recommended to the Minister.

STANDARD STOCKS — Sellers. Buyers. Bank of New Zealand — .. las/o Nati-i-il Bank 12U/C .. 124/0 New Zealand Insurance.... — .. 74/0 Souuh BrUlsh Insurance. . 57/0 .. 50/0 N.Z. and River l'late — -- 37/o Northern Coal ' — - - 12/0 Taupiri Coal 19/0 •• XU/'i Westpo-rt Coal — .. 120/0 Westport 'Stockton S/0 .. 7/3 Auckland Gas — •• 305/0 Auckland Gas (new) — .. 37/0 Northern Steamship (p.-.7 — -. 13/0 Northern _.le;_.n*hi_. (tout.) 6/9 .. 0/4 Kauri Timber (uout.) 15/S .. 15/4 l*arker, Lamb -4/0 .. — Auckland Tramways (pTef.) — .. 22/9 Auckl-ind Tramway*, lord.) — -. 22/6 D..S.C, Limited 3/3 .. 2/9 Hill and Plummer 21/0 .. — rieu-re aud Arcade (pref.) 19/6 .. 17/0 Milne and Choyce. L/td. (pref) 21/0 .. 20/9 New Zea-Uuid Cement. 41/0 .. 4O/0 Tonson Garllck Co., Ltd... 1S/0 .. — Wiseman and Sons (ord.).. 13/0 .. — Wilson Cement (ord.) 44/0 .. 44/0 MINING STOCKS— Sellers. Buyers. Bonanza 0/0 .. 0/4 Dixon's Cons*, ida ted (cont.) 0/5 .. 0/4 Halcyon 0/3 .. 0/1 Kuranirl 0/7 .. 0/5 ivur-uini-U-Uedouiu-i ....... 1/7 .. 1/0 Magnet 0/3 .. 0/2 -lay yuecii. 4/7 .. 4/4 M_.__.jwal l/IO .. 1/7 Occidental — .. o/l New Syivia 3/0 __. 3/S Old Alburnia (p.u.) _. 2/0 .. 1/0 Old Alburnia (coat.) 1/0 .. 1/2 Saxon ...._._.. 1/5 .. 1/tS l'ouu Russell 0/S. .. 0/8 Thames 0/0 .. 0/3 Victoria .... _ . . 1/0 .. 1/5 Waiot_Lt_l 4/7 .. 4/0 Waitangi Consolidated . 2/1 .. 2/3 Watclu-jsin .. 2/0 .. 1/S Mount .Ceehan (cont-)L. - 0/7 .. 0/4i Blackwater 31/0 „' 30/0 Consolidated Goldfields . .. 24/0 .. 'Jti/0 Boss Goldlields . .. S/0 .. 7/0 Pro;rrr__s Mines ...___ .... 17/0 .. 10/0 Golden Pah _ 0/4 .. 0/3 Hauraki Freehold 0/01 .. 0/5. Old Hauraki Mines. 5/10 .. 5/9 Old KapaniKi 0/11J.. 0/10_ Mount Welcome 0/5 .. 0/3 l'rlde of Tokatea . 0/5 .. 0/2 lioya. Oik (cont.) 1/4 .. ly'2 Corn-stock _ — .. o/l Ngatiawa Consolidated . 0/3 .. 0/1 New Zc-iland Crown _, 4/8 .. 4/5 Crown Royal 0/34 -■ 0/2 Dominiou ___..._.„. 0/2_ .. 0/1 "tMa-morjran ,. . 0/4_ .. 0/4 Golden Belt (p.u.) 0/10..1 O/10 Golden Belt (cont.) . 0/0 .. 0/4 Karanjraliake 0,3 .. o/l Kotnata Reefs _. 0/7 .. 0/0 (Phoenix 0/3i .. 0/3 l'rlde of Wallil 0/6 .. 0 3 Tairua Broken Hills 1/2 *.". 1/0 Tairua Golden Hills 4/0 .. 3/9 Talisman Consolidated . 52/3 . 52/0 Walhl 201/0 .".200/0 Iteefs Consol Ida'ted S/O 7/0 W'aihl Extended . 3/8 *. 3/5 Wnthl Grand Junction 33/0 " 3*»/6 W_tfhi Grand .Tnnct ton (option) 6/0 .. 4/0 Mountain Kins (p.u.. W7V» .. 0/8 N.ow Waitala 0/7i .. 0/6i