MINING NEWS.

Dominion, Volume 3, Issue 805, 30 April 1910, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. All Thames' stocks arc advancing, and tho' only other feature of importance is the continued depression in Waihis. The shares are now down to £3 ss. buyers, with sales recorded at £8 6s. Some official statement as to tho actual position of tho workings would bring Tho shares have dropped from £9 16s. to £8 65.,' or 305.; that is to say, in tho 1 course of about six weeks the market valuation of Waihi has decreased by £750,000, which seems ridiculous. _ Nothing short of an authoritative official statement can stop the decline. The sales reported yesterday were as under :— Pride of Waihi, 4d. (second call). Talisman, 525. 3d. (first call). Victoria, Is. 7d. (second call). Waihi, £8 6s. 6d., £8 6s. 6d., £8 6s. 6d., £8 6s. (third call). . Waihi Grand Junction, 275. 4Jd. (thirfl call). Waitangl. 2s. sd. (first call). QUOTATIONS. Buyers. Sellers. Sales. . * b. d. £ s. d. £ s. d. Komata Reefs 0 0 3 — — May Queen ,0 4 6 0 4 8 — Maoriland ..' — 0 0 6 — N.Z. Crown 0 4 5 0 4 8 ' — New Sylvia 0 4 2' . — ■ ' - Old Hauraki 0 4 0 0 4 2 — Saxon 0 110 0 111 - Tairua Broken Hills 0 1 0 — — Talisman — 212 6 212 3 Victoria ; 0 16 .- 0 17 Waihi 8 5 0 8 6 6 8 6 ,0 Waihi G'd Junction 17 3 1. ? 6 1 7 41 Waitangl ._ - . - 0 2 6 0 2 5 Watchman ........... 0 1 9., 0 2 0 — Blackwatcr ' 18 0 19 0. — Con. Goldflelds . — 019 6 — Ross Goldfields — 0 8 3 — STOCK EXCHANGE. (By Telceraph—Press Association.) - Auckland, April 29. Business done on 'Change to-day:— ' Kuranui Caledonian, Is. Bd., Is. 9d. May Queen, 4s. 6d. to '4s. Bd, . Sylvia, 4s. 4d. Saxon, Is. lid. '.' Victoria, Is. 6d. and Is. 74. Watchman, Is. 10d. Hauraki, 4s. and 4s. 2d.. Royal Oak (con.), Is. and Is. 3d. , Crown, 4s. 7d. Waihi, £B lis. to £8; Bs. 6d. • : Auckland Trams (ord.), 235.. ■" ■ The following business, was done. at the afternoon. call to-day:— , '■ Kuranui, 4d.. Kuranui Caledonian, la. lOd. Saxon, Is. lid. ~- ..- Victoria, Is. Bd. 1' , Watchman, Is. Id., 2s. " Old Hauraki, 45., 4s. Id. Royal Oak (con.), Is. '3d. Seddon, l*d. ■ New Zealand Crown, 4s. Bd. Tairua Golden Hills, 2s. lid., 3s. Id. l Talisman Consolidated, 525. 3d. Waihi, 1685., 16Es. 6d. Waihi Grand Junction, 275. 9d. ■ • ■ Taranaki Oil, 13s. ■ 6d., 13s. 4d. Consolidated Goldfields (ex div.), 18s. 6d.,IBs. ■ ' Waiotahi, 4s. 4d. New Sylvia, 4s. 3d. ' Mount Welcome, 6Jd. . Golden Pah, 3Jd. . Champion, 4d. ... Taupiri .Coal,;. 20s. " ..'■'■:"••- Dunedin, April 29. Stock Exchange.sales:— May Queen, 45." 6d. ■ ' Reported sales:—Old Hauraki, 3s. 10d.; Muddy. Terrace/ £1.-7s;; Waihi,' £8 Bs.: Wiahi-.Grand Junotion, £17.65.;-. , ...' MOUNT-' LYELL RETURN.....', " " By Telegraph—Press Association—Copyright' ', •. . \ Melbourne,' April 29. The Mount Lyell return- for the period from March 24 till April 20 (inclusive)

shows that 19,715 tons of ore were treated, also 10 tons of purchased ore. The converters produced 708 tons of blister copper, containing:—Copper, 700 tons; silver, 53,388 ounces; sold, 999 ounces. ROSS GOLDFIELDS. The following wire was received ycßter-. day by the Wellington Stock Exchange from the chairman of the Ros3 Goldfields, Limited:—"Manager at Ro?s wires water (town to bottom of pump chamber. They will boffin installing stationary Dumps immediately." DREDGING. (By Telegraph—Press Association.) DuneUln, April 29. Dredging' returns:—Good Chance, 460z.: Masterton, 370z. 15d\vt.; Manuherikia, 360z.; Wnikaia, 260z. 14dwt.; Koputai. 240z. ldwt.; Electric No. 1, 21oz. 18dwt.; Mystery Flat, 21oz. 15dwt.; Central Charlton, 14oz. 9dwt,; South Waikaia, 9oz. Bdwt.