SHAREMARKET

Auckland Star, Volume XLI, Issue 41, 17 February 1910, Page 2

SHAREMARKET

BUSINESS DO2CE. AT THE 3.L5 F..M- CAM. YESTERDAY. Ha.-croQ Id May waeea - 4.6 •iji.OU.ii - 1/10 > .1 S.VITU 3/8 Waiuuiii -i. tf ij.a.-kvvaier ILlujs 00/'J <■ j Uaurji. .:>/U. 5,10, 5/B, 0/10 >--.v ZeaiaiiU Ciywn - _. -1/7 j .-Ti.a_i. « 511/, 00/y, .:•■■ 'i. ,"J>.::, 00, i>. 01/ V.-.,.:,; DOO/ti ;i"uiituin ivins Ip.ll-J Sd - :;id GciDd Junctkm 3"-/ti i.-.al' „ X 2,".) ii-uju Ctioyco ipref.i - IU./ AT TUB Ixr A..U. OAL.L, TO-DAY. O.d Hauraki _...5/11, 5/10, 5/11, 6/ Tairua lio.den HUks 3,0 Ai'iilli (irand Juunkm 32/3, 32/6 AT THE -NOON'CALL TO-DAT. ■Waii.inci <'oa£.>lii±:Lte(l 2/ fWai.-fiman l/!t H'-'Ud: Zeehan i'X>Dri_>. Gfl ii-iiir.ik, FrpeholU 7<l «>;.| Haumki 6/1. 6,n, 5/11, 5/10 -HI i..,:..,-n Ui'lt ip.u.i ltWd !u->iuuQ i vai«:iidiitf>fi 3j30 "*"■■- -n- 200,6 lAii'k nn'l ij.is (new issne) ..„ 3S/6 liislw.niv l.,:iS Jl/0 (jjref.). ....lil/

THE Bt-SIIfESS DONE AT THE 3.15 P.M. ' CALL IS PUBLISHED IX OUK FIVE i O'CLOCK EDITIOS DAXLY.

mXE MANAGERS' REPORTS. KapowaL—The winze is down oft. JJtsons Consolidated-—ln the drive south the reef etill looks well, and when breaking down in the early part of Uie week a tes? pounds of picked stone were obtained. The n utza on the main re<-f had attained a" total depui of 2ift. The reef is carrying good minerals and bearing, a very promising apKiiranci. —In the Eureka section ot the Ulythe iow level small quartz su-ingers nre seen running parallel with the drive At lit- crvsscut west the reef was stripped ace the quartz taken down and paddo<-ke<i. rne footwali and hangiugwall portions of the reef are now separated by about 3ft_ of country, and have every appearance of being two separate reefc. At the stope west tae smaller leader on the- hangingwall was giving good mineralised dirt last week Kuranui-Caledoiiiaij.-At the cross leader a Stan has Imen made to drive south from the- top of the rise, which is soft, above Graham a level. So far the cross leader Has maintained its size, but has not improved in vaJue. A second stope has been driven on the footwall leader left, over where ttc gold was seen in the leader when drivin-* .. * sto P<*- bet as the leader has pincaed rather small and has not improved in value, vie manager has suspended operations on It for the present, and started to prospect a ratner promising Sin. leader that was intersected in Kelly's crosscut, about 20ft. south of the MoanaLaiari tunnel. Seddou.—Sine- last report 20ft have been driven through a large reef on the southern v^ 0 tb* property. The stone is of a value tFI/a f£°tot have started to open, out on a reef about three feet wide, and about 4 chains from tae Bendigo boundary. Two assays made ■ from this reef were £3 4/ and £2 17/6 per , ton. By the appearance of tile quartz and the surrounding country the manager thinly J this roci will prove to be highly payable I N<nv Swress.—The intermediate level nnovo >r>. j u-vel has been extended 4ft go■m s nortlL Tar leader is still improving U I was stowing stwmg colours of gold when ! broken cown. Strong colours of cold an; visible about 10ft alone the back o f the rise, in No. 1 levei there is a leader ranc™e ™ , carrying good prospects of sold. This has been driven on a distance of . feet. Haldy-s leader has been stopped for the present, but win be started again Wati4maa.-A start was made to drive on the h-nnginpvall of the big reef in a westerly direction, -and the face advanced 12fttnrough a nice body of quartz. Although of a Harder description to that in the eastern face, some mineral of a good class together with sulphides was seen freely ! .**? ""aiuiia.—Driving uas'been continued for the w*ek <>a the eide of the blow at No. !?, 77 V, , stone te small dabs of pom. lhe oleamug up of 32 tons crushed took place on Siturd.-rr, and to-day this was melted for a rvtirrn of -:PJozs ot plate gold. mc contractors for the low level have driven loft for the week, making a total distance of 357 ft Hands-worth United.—The leading stope south from the winze at the 10-w level is timbered up for 30ft. A flat quartz formation is dipping into it. and disturbed the lead, bnt it is clear of this In the back of the stope. Very good progress has been, made with the cleaning up of the No. 3 Irene level, the line being laid np to the face, and little more remains to be done to put tSiis in good working order. V.'AJHJ BEACII. (By TelesTuph.—Own Correspondent) WAIHJ, this day. During the hearijig of an application, at the Warden's Court for a reduction for the Waihi Beach Ox's three claims, itr Cuisley, mine manager, in hies evidence said that prune time ago they were Hooded out in the shaXt, which was down ;JS>ft. Previous to this they had driven and cut the reef till water r-ame in. Stronger pumping plant was theu obtained, when operations were again started. Water, however, came In too freely and a week ago it was found necessary to close np the dam, and he was now prospecting with an adit level in -which he could only employ sis men to advantage. He stated that the company had spent £4000 during the last nine months, aad had aliso iad large esp<inses in connection with carting fuel. In answer to the Warden, witness said that the idea of prospecting 'above the sea level was to decide whether it was worth while putting in larger pumping ■plant. It was his intention u> put men on one claim only (No. 1). and work three shifts. The Warden said he thought the company had earned protection, bnt he would prefer to grant reduction for No. 1 claim alone, and adjourn thf other two applications, so th.it protection conld be applied for. The Warden finally granted reflection to 6is men for six months, and adjourned the other applications till 15th. March. TREDE OF WAIHI. (By Telegraph.— Own Correspondent.) THAMES, this day. Itr G. Arnold's scheme to work the Tride of Waihi. Prince Extended, and Waihi Standnrd claims under one company, as one property, were explained by him in the Warden's Court to-day. During the hearing of the application far six months' protection for Waihi Standard, ilr Arnold said he was owner of the Prince Extended and Standard claims, and held an option av«r the ITlde of Wailii property, lie had entered into an agreement that these three claims should be floated into one. a preliminary company to be formed to develop and prove the claim by means of boring. It was proposed e> form a small company that would have an available capital of £3000 for boring. It wns now proposed to increase the capital to at least £6000 to develop the claim, putting down a full shaft, costing £5000, to a depth of 30f>ft. In terms of the option. £10n was due to the Pride Company, and he ho-ppd to complete this amount by the end of the present week.

bTAXDABD STOCKS — Sellers. Buyers. Ba_nk of New Zealand L'oo, 0 .. 11M.0 >>.i;_tOXJl iiauk .. 120/U Af.v Ze:i!:ii:il lasumin'e. .. . .. 74/o tiriu>b insurance... 5S/O .. 57 0 -\_i.. ami lijvtr L'iaie — .. 3T/0 i .ial — .. 12/U Ticp.r; Coal 19/0 .- IS/:! Viesiport r r.il .. VJrlM ■VVesii-ort. Stockion - 8/0 .. 7,0 [AiK'kiand (jis — .. 305/0 .iu>--fci;md inein — .. 37,0 Tli--.- Gas 34/0 .. tiiSt.'rn- Oris .. _ >ortii-ni Si-auwbip (p.uo — .. 13/0 .Ncriii-ra Mearnsaip (i-oiiL) 6/9 .. 0/4 Kaur: Timber icom-).". 15,S .. 15/4 K.ffiii TLtcJ>PX — .. 226 Au<~kLand Trunrways (pref.j — .. 22 3 ■Ani-kiard Tramways (onL) 23, 3 .. 2119 r-.-.(.•.. Umized 3/U .. :! D f! : ! a-Ed PtT'mmc- 21.0 .. —' jMiIne aa4 L"d. iprt-fi 22/e .. 30/9 >>-w Zoiiiau-i reaeni 4",Ti .. 40/0 N-Tttiem Boot _ .. i;: o N.Z. Paper ilris 23/0 .. SharLind aiKi (.'.->.. iJTDited .. 21/0 T•■--:-■• d riari'ck >'".. IS-O .. W ;m<i St~»n>- 2T*'O V\ -f-mr-n air1 Sous ]:; i> .. TS"il5r,n Cement (nnl.i 4t}/6 _ 44/0 JOINING fT'KKi— I Sellers. Bnjers. Booanzj . ,,6 .. o.4j -n = ' (coax.) 0/6 .. r>,2 _ ___ 0 44 J^* 2 "- -" 0,-J " 0,2 i-i- Qaetii , 47 .. j. 4 •---=- 110.. 1.0 y.i £« :; T.4 Oi.i A.ar_-3..a ; G „ 1/4 |"« Riirii".v.v;::.v;;.7. -4:: «^ V '•'■» !•; .. is - •« i .. *n 1,2 .. i. io ' M.-cn: Z«-aun in.n.i 0 1O .. .. fi ' M'-iro? i—4ia3 ..Ti .. i >/5 V\ '.!•_■ -r — O1 :■:: .■■-.-■ .v, _■_■ __ i: - .. 21 S i>,;.. .j .;-.;. s _ - g J i!n-<= 1B 6 I". 13/O HaaraiJ .-—.-n--.-; .. —, | •:-,; hAarak, Mines j/lu 5 •> ; - -t ■" : --'-- — - '•--• -- 0/3 u -- S§ ' ■? T.*atea o 5 ."." Or? ' Bnra; C'iik ! --' • 1.4 .11 t":ji-- . i>74 .. ,,.-4 n--:r™ 0 10 r. 4i La- =i=-s A-1-.-v __ .. 0 .£- < 0 1 s&iiJzr'gi™ 1 ••■■ u ■'- :i V*' — — —*""- f['i -■ 0/2 , GflX-i B*:Y ip.n-'t. '....'.'.'.'.'. oioj'.'. o|,} t Gf>i.Ii?T Be* 1, cant. J *,. o-'4 o y, .. 01 ' Korii._.La C-7 .. O,-5j 3IaoriJai!d icoart-1 "t; ._ 0-4 Plioeats <V7> .. o^ Tsirra Bmtpn Hilis 1/2 .. I/I Talma Golfien H:i;s r>,3 .. 3/6 Talisman Ccrrs. .Lidated S2.-o .. S3_*> ■R"-uii 200/6 . .2fXV0 Be*fs TonsoMated SA> .. 7/1) Wsib i Extended 3/7 .. 3/4 TTj:r: r,r-.D«i Jrinrtinn 33/O .. 32/3 ■Wiiib: i>i.i'i Jimetkni (TOtloni 49 .. 4/0 ' 3R>nntain King fp.n ) 0/B .. o<7 x.-f Wauaia 0/7} .. 0''6J ] Cndsworth —" .. 0/8 c 4