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THE GOLDFIELDS.

*■ — i&mi&m ■ THE EXCHA'NOi& '' * \ Tie most important ie±a»-ef ».'> ! ness on the Exchange the naantaa *?" ! sudden demand for | dated shares at tie festefl. ■ [were made from 10d to 1/, torn* ruftHl j shares changing hand*. X© b«k*s ! .importance has been' «eeh«d «t tL ■ oflk-e. but as some eboae m sot - eently showing rhodonite, an ™«Lr meirt in the value of .the one ant? set in. Occidental Consolidated «v!!! maintained their price, bekie to-day at 1/5, and same SybST,** l placed at. 1/3. with Several W«i;w! offering Am rue. A steady dl«Ij exists for Dominion shares at mTj; ral lines changing hand* at that »■&£' day. TaJismans were sold at 39/3 Jo" Waihis at 30/ and 35/9, while *2/3 «, paid for a parcel of Junctions. KbrtJ? Boot eharai were again transferred,* 18/, '.vhirh figure wa « the selling trice before the dividend at the rate of 8 sT ceoM. was- paid this week. Bank aJm j were inquired for this morning, £lH». I ing offered for X«tt ZeaJands, and £« for Nationals, but holders' ask ih&]jl prices. South British Insurance 2i» request at. 78/. and buyer* came in (2 day for Esvx>»popt Ferry at 38' ,3 fox Wilson's Cement, pref. issue, M/e was the baying rate. /' ■"\ ; THE MOANATAIAEI SUiML ■' ■ j PRECAUTIOMA'RY MEAsmas. : J A week ago. when a ■tel«gr*m."i» M ■ posted on th? Exekmge .that the Sfcaia. !: ari elide 'had teen penetrated at I I.oooft and proved to be only 10ft tiu»y : also that it -mas ants3ipa.ted all duser ~ ivT'gs st an end, -tie news wa* h«aiiadL the '•SU-γ" -*-ith th« words "&g it been cut yet?", and -the reaeco lor that m ■"'• that in other days, when the slide wu I penetrated, there iras an «a»rmo«e mci 1 of water, whereas at the 1000 ft level I the flow from the 10 feet paeaed ibTonjli 'i was not abnormal. From the foflewfii ■ report sent by the Snpenriear Qk. George Wa.mei tins nieniing it is erf. dent tihe Advisory Commdttiee of Thtmtt I mine managers ihare decided ■ the Hjgg'has not yet been cut at lOOoft Th» | letter is as follows:— The Ad*iory : Committee met t»<<iay, and coandenl the Inspector of Mines' (request concern- ; iv% the. stopping of the main.crosscut at the 1000 ft level, and, as tSxtii '- «. recommend that this be done at mx as we now consider that the slide 'mc; with, is not the main elide. is t»> quested by the inspeotor, we engwet i that the Government diamond drill be ' obtiincd without delay and a iwrehoJe be put in to ascertain tie poertaon of the slide for a sufficient depth to make it safe to proceed with the tumid. ,. Instructions were sent, as 'reported in last ©venuig'e.jssTie, to atop work pend. ' ing starting "boring. '" r- , ROSS GOLDFIELDS. V" Mr. Cook, the manager of Beet Goldfields, has been granted leave of »baen» to visit AustaJia. lit fis not,' iowv*;, .'bis intention to lea*« until »lt«r the I mine liae been unwatered, after which I the temporary manager will be aUe to I carry cm -work during .hi Absence. : \ In a report dated September 2ni, tie manager stated the elecbricri rint would be ready (to -transmit power *o tie mine on the 4th (Wednesday laet), mi that he hoped to staj-.t iurwa.tering the mine in aibout nine days. Most of tie iitaff have now hwn *T\**>r*xA

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19120907.2.57

Bibliographic details

Auckland Star, Volume XLIII, Issue 215, 7 September 1912, Page 8

Word Count
553

THE GOLDFIELDS. Auckland Star, Volume XLIII, Issue 215, 7 September 1912, Page 8

THE GOLDFIELDS. Auckland Star, Volume XLIII, Issue 215, 7 September 1912, Page 8

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