MINING NEWS.

Dominion, Volume 2, Issue 522, 1 June 1909, Page 10

MINING NEWS.

WAIHI GRAND JUNCTION. (BT ..TELSGItAriI—PCES3 ASSOCIATION.! | .-"CAuckland, May 31. The'superintendent of the Waihi Grant! Junotion reports that ;the. Empire lodo has, been penetrated; 55ft. The last 121 ft. averagedthree 'guineas iv ton,; and .the face of . the ■ .crosscut. £5 2s. fid. The footwnll Was ,r.ot reached. .. i At-.this morning's call on the Exchange sales were made at from 455. 'to: 465.

< . MINING SHAKES. Int TBLBonArn—riiEss association—coprnianTJ ■ • •• •. "-:i .. • • London', May 30. . Waihi Grand Junction shares' are quoted; buyers JBI. 18s. M., sellers Hi. Is. SAi-v'"' ■ (nr TiLEGßirn—rnEss association.! , - Dunedm, May 31. ■ Stock Exchange sales: .Waihi Extended, Gs. 8d;, Cs. 7d.i;'Waihi Grand Junction, i62-.55.-6d. (two parcels), £& ss. .3d., £2 ss; .A' Balers repbrted; of .Waihi. at'.£9 ss;' -> v. . .

: GOLD RETURNS. (bt TiLEOitAi-u—ruEsa issocution.\ i Auckland, May 31. During' May the.gold returns from the mines of- the Auckland district, reached/atotal-value of -C100,;j?-i Bs. lid. -Tliis is a considerable'decrease upon the April yield of .£177,066 lis. lid., and is also a decrease: upon the corresponding month of last year: (£171,997), but in these two months there were two Waihi : returns. The past month's returns are mado up as follow:— Ohinemuri, ,£98,212 10s. sd.j Thames, .£1155 55.; Cororaandel, XIO9G Bs. 6d.

WAIHI DIVIDEND. ' ; (by telegeaph—feess association.) ; Auckland, May 31. ■ Tho-Waihi G.AI; : Co. has'declared a fluarterly dividend of Is. per share, together with a bonus for the past year of 2s. per share. This represents a payment to the 1874 "colonial shareholders on -the. New' Zealand register 'of JJ41.366.

■ NEW BIG,: RIVER. (BI TiLEamPH—PEESS\ASSOCIATION.) ■■■; ...' : Recfton, May 31. Now Big River has cleaned up for the following yieldßattery; 517 ,tons,.-.5680z. lOdwt.: oyanide-plant, 590z. lOdwt. j total value, £245( for twenty days' .crushing. , ■

. AUCKLAND, STOCK EXCHANGE. 181 XELiaHArH—SrKCIAL COKIIESPONDEHT.) • > Auckland, May 31. Some excitement was -apparent on'the Stock Exchange at the first call to-day, owing to a satisfactory cablegram sent to London b.y tho manager of the . Waihi Grand Junction. Several 1 thousands of shares changed hands at enhanced prices as compared with Saturday's sales. At ten o'clock Bales, started at 445. and rose .to. 455., . then to -15s. Gd. and 465., but dropped back to 455. 9d.',and 445. Gtl. later; then • they rose to 455. 6d.' and 455. 9d„ with late sellersi at 455..9 d.; and buyers'4ss.-Gd. ' Grand. Junction'options rose in sympathy,' and were done at 205., 19s. Gd., and 19s:- 3d. Waitarigis sold at 4s. Gd. to 45.,'8d., and Waihi Extenders at from 6s. (3d. to. 6s. Ba. ; In-investment lines the only sales were in South; British at 4Ss. 9d., with lato sellers, at that price,, and buyers 48s. 6d. Talisman shares advanced 6d., being sold at 51s.' - Waihis sold at ~£9 Bs. and £9 Bs. Gd, late sellers quoting .£9: 95.,' and buyers' £.9 Bs. - ' , DTJNEDIN STOCK EXCHANGE. < ' ■ tflX TILEGliArn— J'ttESS ASSOCIATION.) • • ': " - Diinodin, Mny 31. v Stock Exchange quotations:—Dredging stocks: Blackwater (contrib.), b'uycrs 2s. 3d.; Chicago, buyers 55.; Enterprise, buyers 25.,• Hartley and Riley, buyers £1, -sellers .El 55.; Mannherikia, sellers. 135.; Muddy Creek, buyers .£1 10s.-; Mvs- ■ tery Plat, buyers J!1 3s: 3d., seller's .£1 Bs. Gd ; Rise and 'Shine, sellers XI 14s. Gd.; Sailors' Bend, sellers 12s. Mining Stocks: Tnsmanian Copper buyers 55., sellers ss. 6d.-. Talisman Consolidated, bujers .£2 7s; 9d., aelleri £2 10s. Gd.; Waihi, buyers .£9 Gs., sellers .£9 7s. Gd ■1 Waihi Extended, buyers Gs. Gd., sellers Gs 7d.; Waihi Grand' Junction, buyers .£2 4s. 9d' . sellers ss. Gd.; Consolidated Goldfields, sellers 18s. Gd. Investment Stocks: National' Bank, sellors Bsi; National' Insurance, buyers, £1 7s. 9d.; New Zealand Insurance, buyers .£3 135.; Standard Insurance,' buyers .£1 2s ■ Westport Coal Co., sellers JC6 -95.; Weetport' Stockton, sellers Bs. 3d.; .National Mortgage Co., sellers £3. ' *r> tt