MINING NEWS.

Dominion, Volume 2, Issue 496, 1 May 1909, Page 13

MINING NEWS.

•WAIHI • OUTPUT TO DATE. ■ \BT Tnttctlitn—l'BESS ASSOCIATION.) m, „ Waihi > 'April 30. ■The Wailii Company Visual monthly-return, just 'to.iand, i slip\v3\'that'{or: 2d' days! crushing 33;263't0ns of ore'was.put throiighrfor'a" return of-' bullion valued at £71,551, ■ Vlticli' constitutes a\recDrd. ' Tho' oritpiiHfroto thb'inilie' to dato lids rc'aohfed ; a' frSud 'to'tal :l of '■oyet' mil-" lions -the 'actual'., figures being JE7,455,006. • ■ , . •The: Waihi./Grand iJuriction 'crushed "and treated .'4776 "tons/tof ore fijr /bullion .return valued at .EGO'iS. . The total output'to date "was of'the value of i£182,509. '. : ~, i i MOUNT LYEI7L. iAT trLEOEiru—l'ltEsa I • .- Melbourno, April 30.' The. Mount lij-oU 'roturas front Mal'ch*'2s to April 21' iiclilsive ■ ishow' that' 2^,4oß'tons''(if or« was' treated, which yifelded ef blister copper, ■ 'cbn'taminfe'' 5G6 •' t6iis- of cop'per, 1 5b,258 ouncbs.of silver,itihd;727 oufltfes-'of gbld. . The lower, yield "was ;due to' bad' tfeathor and:theintohruptbn caused by holidays. : ■ .' "DREDGING. ' :(BT TILEGEAm—I'KESS ASSOCIiHON 1 ■ Duncdm,'April 30. Dredging IretuinsKoputai,,; lUOoz. !13dwt.; Mystery. Flat, ;460z.. jli-dwt;;"' : Wa'ikaia,:' 370z. 3dwt.; .Mastorton, 340z. 13dwt. ;■ South Waikaia, 17oz. 13dwt.;; Chicago,',l7oz..Bdwt.; King, 130z.; Central' Charlton, !l2oz. 7dwt.;'Kura, ; Voz."2dwt. "REPORTING 'MIMING NEWS. ,A WAIHI GRAND JUNCTION rnr ' JBSOCUTIOK.) . : Auckland, April 30. ■After"tha tnb'bn "tall of : the'Stock ; 'Exchange to-day, 'a' question'was ! raised''by ; iir.' T.' Hull, regarding 'mforniation-from- mines ■ being "posted promptly.- ItwaS ■ odnsidered, 'Mr.- Hulls claimed; that n message from :the'Gfand function Jlino, posted' yesterday/,morning, should ■ have '.been received, two' 0r.,/thfee: days earlier. -At, the sKme* time," he'wished to 'maWifijuite'' Clear that'.he l had confidence in the mino superintendent. Thoy_. would all romeniber how the market for tUese~sliares"liad''¥een depressed a little while- back. -There; was -no doubt :that sharei' ' wire ""'fort'ed' 'upon' the" market. "/'That was. what was generally termed., "bearing," and' he did not. think-that ,it 'tsould; be jlone without..the." assistance lof soino one in high' authority., The' 'trouble"was 'that ,it . shook, tlie 'faith'of '6hSrtho'lders,",' and ' many,'"people sold" out at low "figU'rfes." 'Kei'.'also' 'donfeidere'd that' ptess" quotitidns of"pHtes-of 'sEkrfes in.Loiiion should ■■be", given:' ou 'fixetl ; '' 'bnce, twicepbi' three 'tirties" tfach' week".' Atf 'it Was, theiquotatibris ' scrit' out'Seemed-to %«tteMlly be when-shares had fallen; Heimovod that a let-tM.;be:«int-to.tlift directors of: the-Waihi Grand Junction..Gold-Mining Company f aski net for - information ; t« lie sent to the Stock Exchange, so that it could, be.pos'ted as soon as people got it. ~ZSi.;JacKman.seconded ihe' motjlD'li. . :The" chairman', an amendment, thai a' letter be iseht to. 'tho company 'asking. for "an" explari'atldn'Of the'JelegKim 1 posted''on the"2!)th : a's to'Whether.it'teferred'tb a Jibw 'rbef, ;' •...< This was 'secdnded- 'by ' Mr.'. Creagh and adopted, tho imotion being'dropped.