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THE SHAREMARKET.

BUSINESS DONE. The Exchange now quotes In parentheses reported »a'es to distinguish, them from transactions at the calls.

THAMES DEEP LEVELS BOARD. ■At the last meeting of the Thames Deep Levels Hoard, a letter was read from the Mining Inspector, suggesting dial certain precautions should be taken In connection -with carrying on work la -the main crosscut at lOuOrt. This was on account of the face being considered nearing the bijj slide. Amongst tie reqalreiilents were that shift bosses should be appointed at night to patrol the level, also that bore boles should be kept 'JUft ahead of the drive and also -at an angle. Baring 20ft at an angle was objected to by several members of the Board, and the mutter was referred to uh<? supervisor, .Mr. Wa-rne. to consult with tne inspector. A letter has been received, stating that the inspector had consented to allow the bore-holra to stand tor [he present, provided that Mr. K. F. Adams marks tie position of the slide on the plan. VVirh regard to the shift bosses, the Mining Inspector requires that the iloatiatalari sitbsidiary crosscut should tie looked after toy a. shift ■boss. It has therefore been arranged that in the subsidiary crosscut the shift bosses shall report "to Mr. Gordon, manager of the Moauaßaiari mine, and in the crosscut to the supervisor, Mr! \varne. Notification 'Iras been forwarded to the Board, from the Mines Department, that a voocher has been passed for the pay men* of £1000, as .the first instalment of the Government contribution, of £5000. MES"E MANAGERS' BETORTS. May Qneen.— At the No. 10 level the Bright Smile reef has not been met -with, tmt the indications ore now more favourable than -for same time. The country is similar to that in which the reef was ent in the chamber, and from some of the drill-holes now- twine bored mineralised iron-stained water is flowing freely, which Is a good indication of quartz bnimr close at hand. The tolal distance non- driven is 50;7ft. The Slopes in the RxrtinngT' reef are being carried along; the quarLZ shows gold, and sh-onld be of fair grade. At No. tl" level stopins on Pt\c hatvgintrwall brami of No. 4 lode is in progress, and srnne nice pieces of picked jtone are frequently selected from cmn». Old llauraki.--At the 400 ft level. No. 4 block, three stopes are *emg worked. From the hjzirsinpTvail brunch pieces of picked stone 'have -been got. The m'.ui,i-geT xh.lnlis this is a portion of the reef the winze is bejns sunk trprm. At The 3<»oit level a crosscut has been started into the hanging- ■ wall at a pom t 400 ft seaward of the main I rise. The conn-try is staiflar To thai in the I winze. The winze is down 35ft, a-nd five pounds of picked etonp -was got. Aotrtber three prmnde was won from stoping. in ' No. 3 T)lock. Ttvo stopee are feeing "worked, I three pounds of picked stone being gatfrom ! Mo. 1 Ktope seaward. This stope is now I over the point rrtieTe gold was sot in the 1 Ipvel. The 220*t level has been advanced I six feet, and pieces of micked stone were [%otr 'the-ceef being Ttivottrat)ie tor gold.

has been .ulvance,! a larS^^ 8 «5 I portion is sHU responotole tor %X *°°™*ll ore. Tne lode nai in«^m-e?^v tellnr Me coarse ol Corbette 6 80ntl1 \ alanteer: The rise on too mJSt We€t and has now axiatoed a g« iQ ««i. j strrnrsr colors of =Sw «t very sMmmm was seen v, same of the ore taSS St* i f -*; , f T JaUs lt ='"■<! beia 5 feft siowi^ |~n*s, s ?b:as u 3tea*a' l a£ «r the mala shaft have fcSi Thames Deep Levels. — The tt,.,;,, wwcut at ihe IOOOft level is ong i^ T ho -otunxy in the face is now of - SSS no rare az,d favomeUe for goo? pro^ it se.-.jre. In tSe Moanatjdarl BTrbsidlS» r-rosseut a total distance of 14Sft has Wn dnren out of a total of 400 ft, vhlcTlslS disU-nr-e for w-hich the Deep LerelsT R«ir: tarKStt an<l for wbik -S aWe. The reef was broken dowi on Z

AT THE 10 A.M. CALL TO-DAY. Walhi 38/ Wnihi Grand Junction „...._ 23/ Occidental Consolidated „ 1/3 Ross Goldfields 3/11, 4/ AT THE NOON CALL, TO-DAY. Waiotahi 2 0 Ilanraki Re*»fe (rxint. \ 7d Waihi 37,9 Wnihi Grand Junction ...... 23/ TaranakJ Oil 22; KaTon , . r . ,. „. ... nd Talisman Consolidated 43/9 New Sji-rta m Ross Goldflelis 4/6 New Zealand and River Plate (40/61 Mountain III m u (29/6) STANDARD STOCKS — Sellers. Btryers. Ra-nk of New Zealand .... 237/6 .. 231/0 National Funk 121.6 .. 120/0 New Zealand Insurance .. OS'0 .. 97/0 National Incnrnnce — .. 39. «i ■South IJriiieb Insurance .. 7U/6 .. 77/0 ■Standard Insurance - .. 30/8 N.Z. and Rivet Plate (new) 19/3 .. 19/0 N.Z. and Elver Plate 40/9 .. 40/0 Northern Coal 11/3 .. 11/0 Ta-upiri Coal 21/9 .. 23/3 i Wesrport Coal 29/9 .. 29-'0| ' Westport Ptoctton 3, .. 2i/10 i Auckland G«s 60/0 .. B9/3 Auckland Gas tnewi 71/0 .. 70/0 Northern SteaTn.<hIp (p.n.) — „ 14/10. Northern ftoamship (cant.) 1,"! .. 6/11 New Zoalaynl Kliippiiis — .. 290/0 I r n k.n Stea-m 53/0 .. 51 0 Kauri Timber fp.a.) — .. 37,3 Kjnri Timber <<-orct.) , 17/3 „ 16/10 Bros 21/0 .. — O'li. Timber 2S n .. — Rlmn Timher 3C>0 .. 29/0' AurlslEti'I Tram-ways fpref.> 24/O .. 23/0 Aii'-klaml Tram-waya (ord.) 27. o .. 24/6 New Zi»aland Dm? 31.'0 .. .-i0/0 Maxwell nii.l Co 24 0 .. 22'0 National Trading Co 20'0 .. 13/0 N.Z. Paper Mills - .. 22/6 Slrarlanil and < - o.. Ltd. (pref.1 24/0 .. -- Takapuna Trams 14,-9 .. — Tonson Garlick Co.. Ltd. .. 21 '3 .. 20/6 Cnion Oil 24/0 .. -- Wiseman and Sons (pref.).. — .. 20/6 \Vi!sn-n Cement ipref.i .... 30/O .. — Wilson Cement (ord.) ."8/0 .. 38/0 Croveroment 4 p. c. deb. . .2000/0 .. — City or Aock. 4 p. c. deb.. .1050/0 .. — MINING STOCKS— Sellers. Bayers. Good Hope 0/3 „ O.TJ Kuranai-Ca'.edonlan 1/3 .. 1/2 May Qr.epn 14 .. 1,"2 .Vioajiaraiari 0/4 .. (>.';.', New Sylvia on .. (■ '«" OrrideutuI 1/4 .. 1,3 Saxon 0,94 -. l> Sj Victoria <>-Ti.. 0,05 I VVttiotulii 2 11 .. ".i \Va;Lanj:i Consolidated 1,3 _ ] '] ' Uoss Goldtields . 4 '{» .. 4,4 I'rojtresw Mines -. . - .. « 9 Hauraki Reefs (p.n.l .„_. 10. ii $ Hauraki Reefs (cout.) .. « 7 .. <><ti} Old Iliniraki Mines 1/10 .. IS j New Zealand Crown I"8 .. 2-6 olden Belt (p.u.,i 0 C .. 6/3 KLri Kiri 0/G .. 03 Komata Reefs — .. 0/2 Maoriland 0/2 .. 0 1 Rising 45un 0/4$ .. O'"2J Talisman Consolidated 43/9 .. 43.'6 Waihi 38/0 .. 37/9 Consolidated Reefs 1 3 .. 10 Waihi Krtended O'St .. 0/6 Waihi Grand Junction 23/3 .. 23/0 Waih-i-Paeroa 44/0 .. — Mountain Kins 0/2 .. 0/1 New Waitaia 1/0 ..O'lOJ Turanaki Oil 22/3 .. 22/0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19120513.2.57

Bibliographic details

Auckland Star, Volume XLIII, Issue 114, 13 May 1912, Page 6

Word Count
1,068

THE SHAREMARKET. Auckland Star, Volume XLIII, Issue 114, 13 May 1912, Page 6

THE SHAREMARKET. Auckland Star, Volume XLIII, Issue 114, 13 May 1912, Page 6