THE SHAREMARKET. MINE MANAGERS' REPORTS.

Auckland Star, Volume XLI, Issue 135, 9 June 1910, Page 6

THE SHAREMARKET.

MINE MANAGERS' REPORTS.

BUSINESS DONE. AT THE 3.15 P.M. CALL YESTERDAY. May Qneen ......-.—-.»».,.—.-......-.4/1 Ross Goldnelds .. 17/ Hnuraki Reefs (cont.) -, IOJd Old Hiiuraii , . 4/4 JKoiMon .- . . ... ...ljcl New Zealand Crown—.. — —...., ~.-4/5 Talisman Consolidated ........... , ...i>3/ New Sylvia 3/S AT THE 10 JUM. CALL TO-XXAX. New Sylvia - 3/S Mount Zeehan (p.u.) B}d Old Hiiuruki 4/4 New Zealand Crown „ 4/T> Talrua Monarch . 4Jd Talisman Consolidated 33/, 53/3 Walhl IRT/ Wilson's Cement (pref.) 41/" AT THE NOON CALL TO-DAY. iMay Queen ...„...—.. .4/2 Ross Uoldiields. — 17/6 Old Haurakj. 4/4, 4/3, 4/4 IMnorUond "Jd Wafbi Grand Junction. 31/3 Mount Zefthaa (cont.) .. ■ . 4d Waihi 166/6 South British Insurance ....63/0 Wilson's Cement (ord.) 33/

Mountain Queen.—Driving north, on the 31aonl Dream reef, the-couutry Is improving, and the quartz- leaders crossing- the face have given out, whilst numerous bright mineral Beams have taken their pla«e- The country is similar to that at Ho. 4 level, where the best values were obtained. The footwall portion of tihe reef which has been carried along in. the drive Is composed of solid quartz, and of a kindly nature, carrying- excellent minerals, but no gold has been seen. Handsworth United.—The third and fourth stcpes going north, are producing ore with a little picked stone. In the Otama low level good blocky country lias come in without any change in the character of the lead, which still shows visiole gold. The contractors -have driven 16ft. since starting , on the main reef (Irene level), which is 3 to 4 feet wide. The stone appears to be improving in vaiue, as it gives a small mortar prospect right across, whereas formerly only the footwall portion gave any gold. New Waitaia.—ln the stopes above the intermediate level, the reef is 6 to 8 inches wide, and producing fair grade ore. North, of the slide at the intermediate level, the reef is over 1 foot wide. So far only occasional prospects have been obtained Crushing is now proceeding at the battery, and tne ore shaping for a decent return. Tlie low level is in 595 feet. Good country has been penetrated during the week. Sylvia.—ln the drive North of the reef, the quartz is showing a slight improvement iv vaj-ue, though still of a low grade. •In the drive south the reef shows broken quartz, but a well defined footwall. The ore is below payable valne. Point Russell.—ln fUe drive west on the course of Conway's Lead the quartz stripped looks very promising, carrying with, it zinc blende and a little bright mineral, but no gold was seen. Two men. have been driving north on the course of the break during the past week through a splendid sandstone country. The break is carrying a rubblv formation of quartz in which colours of gold have been seen.

•Bendigo.—The low level ropk is lighter In colour, tiad full of mineral with small quartz stringers. On the Silver King reef the men continue to break ore in- the stopes. Missouri Mines.—Work has been confined to carrying along the leading stope on the Ked Mercury reef. The reef is a strong body of ore, measuring about 4ft in width, and although it is travelling in an excellent class of andesite country, the prospects are not as encouraging as formerly. The ore will probably improve in value as the iftopc is advanced.

Karangahake.—ManuePs winze has been advanced 5 feet. When breaking down five pounds of picked stone was obtained The ground has improved a little, and then' are numerous mineral veins. The Tankani prospecting level is in 17 feet from the crosscut. The reef measures 20 inches in width, and there is a fair amount of sulphides in the ore.

Tararu Mines.—No. 4 level drive east of the erosscat on the line of Vulcan reef is In I*9 feeL The country is more congenial andesite. The present face of the drive is a regular mass of quartz, and mineral veins interlacing the ground of a splendid description, striking into the reef at all angles.

Phoenix and Talma Dreadnought, Limited —Tlie tunnel is still very rotten and will require close timbering. There is a considerable quantity of flint boulders, bine pug and country rock mixed together. The total length of this tunnel is 522 feet. Rising San.—ln the low level a further distance of 20ft. lias been driven by the contractors, malting a total of 031 feet. The country continues the same as last reported.

Tainia Monarch.—Tn No. 2 level, No. 3 reef shows a width of 2 feet, while- xlie ore broken, carries a good deal of nice-looking bineral. At each breaking down gold Is freely seen in the stone. The contractors bave extended the Smithy level ' ,-ive a further distance of 111 reet, an excellent class of country being penetrated. The reef formation shows a width or 3 feet. i

STANDARD STOCKS— Sellers. Buyers. Bank of New Zealand 203/0 .. 1M0/0 National Bank — .. 120/0 New Zealand Insurance.... 7S/6 .. 7S/0 National Insurance — .. £3/3 South British Insurance... 64/0 .. &V3 N.Z. and River Plate — .. 41/0 Hikurangl Coal 21/6 .. 20/0 Tauplri Coal 19/9 .. 19/6 Westport Coal — 130/0 .. 12S/C Westport Stockton .. . 7/6 .. — lAucklajid Gas — — —■ 70/0 Auckland Gas (new) . .. — • - 49/0 Gtsborne Gas — -- 62/3 Union Steamship 35/0 ... 33/6 Northern Steamship (p.u.) 15/3 — 15/0 Northern .Steamship (cont.) 7/1 „ 6/9 Devonport Steam Ferry... 34/6 _ 33/6 Kauri Timber (p.u.) 39/0 ... — Kauri Timber (cont.) 16A0 _ 16/0 IUmu Timber . — -- 23/6 Parker, Lamb 25/0 — 23/0 [Auckland Tramways (pref.) — _« 25/0 Auckland Tramways (ord.) 23/6 _ 23/3 •D.S.C, Limited _ — .. 2/1 ■Hill and Plummer — .. 20/6 Milne and Choyce (pref.).. 25/0 — 24/0 Milne and Choyce (ord.) — 23A> _. — New Zealand Drng 49/0 .. 4S/0 Northern Boot _ — .. 14/6 N.Z. Paper Mills . — .- 22/0 TJuion Oil - — .. 23/0 Wiseman and Sons (pref.) 21/0 .. — Wiseman and Sons (ord.).. 15/0 .. 13/0 Wilson* Cemexrt (pref.) 43/0 .. 41/3 Wilson .Cement (ord.) 40/S .. 39/0 MINING STOCKS— Sellers.. Bayers. Halcyon - O/3 .. 0/li Kuranui .-„ 0/8 „ 0/7 Kuranui-Caledonian, _..™ 1/8 — 1/6 May Queen 4/3 .. 4/1 Monowsai ...—..-•• — 2/2 .. 1/8 New Sylvia 3/10 .. 3/8 Occidental (cont.) — - 0/3 .. 0/2 Old Alburnia 0/11 .. 0/9i iBoint E-nsseli 0/4 .. 0/3 Saxon ._ -.- 1/9.-1/8 Thames ..._ 0/4 .. 0/2J Victoria ~_ 1/6 .. 1/4 Waiotahi 4/4 „ 4/0 Waitangi Consolidated 2/7 .. !V4 Watchman 1/11 -• 1/9 Mount Zeehan, (cant.) 0/5 .. 0/4 Mount Zeehan (p.u.).., 0/9 .. 0/7 Consolidated Goldnelds 21/6 .. 21/0 Itoss Goldftelds 1S/0 .. 17/6 Progress Mines 15/6 .. — Golden Pah 0/4 .. 0/2 HauTaki Reefs (P-u.) 1/S .. 1/5 IlauraM Ileels (cont.) 0/11 .. OAO Monte Cnristo 0/4 .. 0/2 Mount Welcome 0/4 .. 0/2 Old Hauraki Mines 4/4 .. 4/3 Ivapangra 0/«J .. 0/5 Royal Ouk (cont.) 1/0 .. 0/9 UnJon Hauraki 0/5J .. 0/4} Bendigo 0/6 .. (i/Al Seddon O/2 .. 0/1J Comstock 0/5 .. 0/3 Ngatiawa Consolidated — .. 0/1 Kew Zealand Crown 4/6 .. 4/3 Crown Royal (p.u.) 0/4 .. 0/1 G-olden Belt ip.u.) 0/S .. 0/6 Golden Belt (cont.) 0/2J .. 0/1 J Golden Cross 0/31 .. 0/2 Kamata Reefs 0/5 .. 0/3j Maoraand. 0/7 .. O/GJ Phoenix 0/34 .. On' Pride of Waihi 0/44 .. 0/2,} Rising Sun 0/4 .. 0/3i Talma Broken Hills 1/3 .. 1/1 Talrna Golden Hills 3/3 .. 2/11 Tairua Monarch 0/4* .. 0/4 Talisman Consolidated 53/3 .. 53/0 Waihi 167/0 ..166/6 Reefs Consolidated 5/1 .. 4/4 Waihi Extended 2/9 .. 2/8 Waihi Grand Junction 31/6 .. 31/3 Handsworth _ 0A0 .'. 0/9i Mountain King 1/0 .. 0/11 New Waitaia. (cont.)— 0/5S _ 0/5 New •Pftrthria _&>"> i, — _«, 0/8