MINING NEWS. ' • '

Dominion, Volume 2, Issue 582, 10 August 1909, Page 8

MINING NEWS.

:^XkSTOCK EXCHANGE: ;:, . (Uy Telccrnpk.—Special Correspondent.) Auckland, August 9. ; are the graining sale's- on. the Auckland "Stock ; Bonanza, BJd. /Dixon's Consolidated (paid); lid. , v . '. Halcyon, sil. liuramii, Is. lOd. .. • ; , 'f\r>... '•' .' Kuraii'ui .. Caledonian, 2s. Id: '. ' '[ 5 : ;:May Queeft, 6s. 4d; to\'6s. fid..to'Gs. Sd; to: 6s. '6d..jto G5.:.5d,. , v - .V:';' . Kow Jfcnowai, Is., Is. Id. ... ~ . .'.New;. Sylvia,- is:' Id.,' 3d.' . .' Old Alburnia, 2s, 6d. :to;2s. 9d.;(paid),' 2s,.id. (coll.);. ; . ; ,} ; ' '! ' Saxon,' 2s. Cd.,-. Thames, Is; id.-;' ; • Victoria, 2s. 3d.. .i • •. •: ■; ; "Wniotahi, -7s;: i3Q/, 7s. sd;, ' 7s. <\6d; 'i (, Wnitangi, Is. Id. . ; Watchman,■ 35.. . ' —i - Consolidated Goldfield6,v: 255/;.- 21s; 9di 1-: 1 .. . l'our-m-Hand, Is. Id. " v .'. Golden Pat, lid. . v . ■ Hounfc Welcome, 3d. .... • Old Haurnki, IS.'. Bd.,vis:' 7d." -' ; . . Kapanga',- Bd. v , ' '-'Eoyal 'Oak (cori.), 25,. 9d.' to Ss.''.'i'W-" I . Tokatea, -id. ■ . . ; . "s . • ■ ' \ < Ngstiawn, 3d. • .i Bendigo, lOd. ■. :'■■■ : .■. "■ . Crown. - Gs. lOd.', Gs. 9d. ' " . " Dominion, ■ 10d., 10id. , ' Karangahalte,. is.."--'. J ; V ; . : j Komata Reefs,- 9d. : V . I'lieonix; S*d; r. : ; . ... . Pride, of \\Vih'i,,;is..'3d.; Is. 2d, • Silver Hill, 3'd , , V ■'to>' ; 33:.;i&.&. .■■:.■ - , Tairna Goldin• Hills, 7s. 3d. . , -Taii'\ia'Moi\OTclr, ; 7d., • r T#irn» r ' 1 '■Talisman;-59*..; to 58s;' 3d. ' Wnihi, £0 10s; (id.,- .€9 10s.. ■• ; ' : - Waihi Beach;; B'd: /'WaihiConsolidated, ss.:^'. : I ■Wnihi Extended, ;Bs:'2d:, 8s. 1 Id. : . vf g Waihi. Gran'd'''.Tunctioris'; '545.' 6d. to '545: : 9d. t'o' : 545.i Gd.' , .... ■ : V . .' 1; Handsvi-orth. ls. Id., 1 Is.: 2d;, is. i,]. : -J ... : '; Mountain King, Is. 10d.',' ls.v 9d.,,i5. lOd. : (con.). New Waitaia./ls. id. ' :■ (By Toleurash.—Press Association) -

_ , „ , Dunedin, August 9. :- ; Stock<-Exchange .sales;- - -May .'..Queehi. • 6s:- -'3d: (two .parcels),,6s. >4d.- .Sales.reported: Waihi Grand, JunctioA;:/'^lßs.>X3s: 9d., .£2 14s. (two-parcels),; Waihi Consolidated, ss. Gd.; Waihi Extended 10d.; Saxon, 2s. 4d."; May Queen, Gs. sd.;'Kaikorai Tramway debentures, par.;'■;. ■; /• < - Stock. Exchange 1 '. K -' / ' • Dredging, stocfcs :-Alexandra: Eureka, sellers 3s.'-3d,; Lice trie, sellers : 55.; Golden Bed, buyers. 10s. Cd. v /<cllers; lis,';. Hartley.', and :Kiley, sellers .£1 4s. Cd.; Lady . Roxburgh , (cont.),' sellers ;4s.|.Maniiherikia, sellers Is.; /New. -Eoxbnrgh'Jubilee,- sellers-65.. 6d.; Notown Creek, •sellers: 125.; Riso; arid 1 Shine, sellers .£l, 13s. 1 •.(Sd.i; Sailors. Bend, buyers "65., sellers 10s. ." . y.iMimng ■ stocks : Amalgamated (paid): buyers, 65.'. ; 6d: ;■ Roxburgh Amalgamated (cont.), buyers ss;' 6d„ sellers 6s. 3d.; Barewood, buyers 13s. 6d„ sellers 155.; May Qne'n bnyo"; fe. .sellers 6s. 5d.; -New ..Zealand Consolidated .Goldfieldsj/ sellers ',-«£! * ' ss. 6d' * Royal. (Oak,-buyers :25." 6d:,. sellers 3s. Id.'; Talisman Consolidated, 1 sellers £2 193.; Waihi .Extended, ..buyers Ss., sellers Bs. Id.; Waihi Grand Junction, .buyers .£2-135.• Gd,,' sellers <82 145.. 6d, : ;;y;Waiotahi,. -buyers:, 7s: 3d.,. sellers 7s. ..V * Investment stock-^Bank' 1 of New-"Zealand, buyers -iC9:2s/,6d,; National Insurance, buyers c6l Bs. 9d;,- sellers £1 95.; Stp.nd.ird Insurance, buyers , «£l' 3s. ■ 3d.; Westporfc Coal- Company, .buyers .£6' 145., .sellers- M 165.; D.I.C. preference, buyers. <61. Is. 1 ; : Milb;urn Lime. and («£1), buyers £16s:, sellers «£1 7s: 6d.; -lulburn- Lime and..Ceinerit "(lOs.); ' buyers 12s. p(l; New' Zealand Drug< Cotopariy buyers <62 6s. * 6d;, v sellers 3d.; New Zealand Paper Mills, sellers/«£l 2s/ 6d. ;• .\ WAIJII GRAND JUNCTION. : .(By Tclegraph.-Spcclar .Co'rrcapondebt.); 1 ■ ' Auckland, August' 9. , The superintendent. states,: -regarding operations in.the north'crosscut -at- No, 51evel on the Martha lode, in- the Waihi Grand Junction' mine, -.that .until- a.'vfewvirounds' of shot havo: been worked out it ivill be' impossible to say .whether .the footwall has b.een reached. ■ Progress is' slow on account of ."the accident to the air-compressor. It is the opinion, of some mining men -that the Martha' lode proper: is still ahead .though the present ore body is associated-with'it.: This opinion is based on the question of underlie, etc.. and the fact that the present lode was cut some 55ft. on'the near side of its estimated course.- The general .opinion also is that the country rock now .coming into .the ..face, is not the footwall Judging bv. previous-boring.;operations the Martha lodo 3hould be considerably'over 60ft.at this loyel. • '