MINING NEWS.

Press, Volume LIV, Issue 9670, 8 March 1897, Page 6

MINING NEWS.

I (press association telegrams.) AUCKLAND, March 6. In the share market to-day a good deal oi attention has been paid to the Great Barrier properties. During the last few days the lona have seen a substantial advance, and there are buyers of Aotea in tho market. BOBMBS3 Done. Sake. Sellers. Buyers. a. d. s. d. Kuranui Caledonian .. 5s 5 3 4 10 May Queen Extended .. 8d 10 0 7 NewWhau 6id 0 8 064 Victoria .. .. 3s 3d — — WaihiSilverton.. .. 2?a 3d 30 0 24 0 Hauraki North, paid up 4s 3d 4 2 4 3 Welcome Find .. .. 2s 2d 2 3 2 0 At a meeting of the New Golconda and Royal Shield Goldmining Companies resolutions were passed authorising the Directors to dispose of the properties. The return of the Alburnia Goldmining Company's battery for the month of February was 215 tons stone treated for 107 ounces bullion, valued at £277. The sale negotiations in connection, with the Grace Darling property were considered at a meeting of the Directors. The meeting adjourned for fourteen days, pending the receipt of a communication from London.

Prospecting is continued in, different portions of the ranges which extend from Tokaanu to Tarawera. Some good stone is occasionally obtained, and interested parties atre very sanguine, though the bulk of the country is Maori-owned land, and the Natives are jealous of searchers.

The Hauraki return is 1330 ounces of gold, of the value of £3990, from 300 tons of stone.

REEFTON, March 6. The following are the Saturday midday quotations :—Big-River 20s to 21s, Buller Dredge 5s to 5s od, Cumberland Is to Is 3d, Dillon Extended, Is to Is 3d, Exchange 6d to 9d, Golden Lead Is to Is 3d, Hercules Is 6d to Is Sd, Humphrey's Gully (paid up) 17s to 18s, Inglewood 9d to Is, Lyell Creek Is 6d to Is 9d, Lord Edward Is 9d to 2s, Keep-it-Dark 29s to 30s, No. 2 South Dark, Is to Is 3d, Success 6d to 9d, Alpine 8s to 9s, United Ifoly 6d to 9d, Welcome (paid up) 3s to 4s. These quotations are nominal. The Cocksparrow Dredge gave 260z 16dwt for 120 hours'dredging. ;