THE GOLDFIELDS.

Auckland Star, Volume XLIII, Issue 181, 30 July 1912, Page 7

THE GOLDFIELDS.

THE __XGB___«-E. Something in the nature of a mild ' loom took place on. the Exchange this -orning as tar as Thames mining shares | i"ere concerned. The sharpest rise was - _ Waitangi Oonsolidateds, which sold at d on Saturday mar-ting, and reached /9 at the first call to-day. This was ue to the fact -hat the last assay gave . . value of £7 per ton. Later sales were ■ trade at 1/7 and 1/8. Heayy buying oofc place of shares in the Sew Sylvia }_VL Company, some 7,000 changing lands at prices ranging from 6_d to 8d . nd back again to 7_d. Watch-nans were •lso placed at 1/, and buyers of May Queens advanced their buying price to , he same rate. New Zealand Crown hares were transferred at 2/7, but Vaihis were a little easier, being sold at 3/(1 and 33/. Waihi Grand Junction hares sold at 21/G, with further buyers ' tiering 3d under that figure. In investaent shares, ordinary issue of Auckland , rams sold at 24/, and New Zealand 'aper Mills at 21/6, while transactions vere reported in nikurangi Coal share .1 IS/6. Hank of New Zealands were iffered at -.'lO 18/ this morning. WATTAiNG-I CONSOLIDATED. At the 3.15 p.m. call yesterday shares n the Waitangi Consolidated mine sold ip to 1/3, as compared -with 7d on Saturlay morning. Subsequent to the call the ol lowing telegram was received from the nanager;—"Sample from the drive at . distance of .'),s_3ft, for a width of 6ft, ssaj-H £7." The manager reports under late of .July _7 that the main drive on be reef has been driven a further 25ft. 'he reef still looks well, and carries some food minerals. Some nice dabs of gold iere seen in the ore. 'Die last sample of .re treated for a width of lift (total disanee in 3.5.1,"ift) gave £4 fi/filjd per ton. Tie water is still (lowing strongly. The Irive is on the footwall 1 of the reef. Work n tbe west crosscut from the rise has teen stopped for the present. In a report dated the 20th, Mr TI. Mansfield, supervisor, confirms the telerram re twenty-ninth sample at 3,635 ft, or a width of 6ft, assaying £7 per ton. TALIS-AN PONSO_.rDAT-_D. The report for the fortnight ending .Tone '. lO]'.. states: At No. 12 level. No. O cms?--ut lias been advanced a total of 306 ft; the | .-round shows no chance. Stoping: The | rallies roni fitopes off No. 12 rise average | _6 3/6, and from No. 4 north block slopes ! L'l 10/ H. No. 1.1 level: The south drive -• In l.slTft. From 76fift tn 1-SOT ft the i rallies average £9. fi/ for a width of 4-Sin; | 'rem l.sOTf; to I.SlTft the values avera.e IC, for a width of 4_in. No. 16 winze: sunk 32ft. total 125 ft; reef wider than tvinzo: values average 2/0. .Strrpinfr: The ralnif from the slopes off No. 12 rise averi_e <;:! I.VO, and from the sfopes off No. Hi rise co 10. No. 14 level: No. 12 winze The north drive has been advanced 15ft. total i:S»ft; width of reef ISm: values 17. rhe south drive hns been advanced 30ft. total M.'trt: reef wider than drive; vn'ue.s iverime £_ 17 >>. Stopint;: The values from lending slopes off No. 6 winze averajre £- it 4: tons sent to mill. 170. The values from leading slopes south of No. 8 rise nverace £1" 7': tons sent to mill. ..no. Woodstock shaft: Sunk 16ft, total 350 ft; no eha-njre in ground.