MINING NEWS.

Dominion, Volume 3, Issue 837, 8 June 1910, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. Mountain Kings have shown a sharp advance, and sold up to Is. Good business was done yesterday in Old llauraki and I Ross Goldfields. Other shaves were quiet. I Tho day's sales were as under:— ! Mountain King, Is. (first call). Old llauraki, 4s.- 5d., 4s. 5d., 4s. 4*d«. 4a. I 4d., 4s. 4d.. 4s. 4d., 4s. 4d., 4s. 4d., 4s. 4f1., 4s. 4d. (third call). Talisman, 525. (id. (first call). Waihi, £8 4s. 6d. (second call). Waihi Grand Junction, 31s. 6d. t 31s. 3d. (second call); ols. 4d., 31s. 3d. (third call). Ross Goldfields, 16s. 3d.. 16s. 4id., 16s. 3d., 16s. 3d., 16s. 6d. (first call); 16s. 9d., 16s. Bd., 16s Bd. (third call). QUOTATIONS. Buyers. Sellers., Sales. £s- d. £s. d. £s. d. Kuranui Caledonian 0 17 0 19 — May Queen 0 4 0 0 4 2 — Maoriland — 0 0 7 — Mountain King .... 00 11 011010 New Sylvia 0. 3 9 0 310 — Old Hauraki 043 044 044 Saxon — 0 1 10 — Talisman 2 12 0 212 6 212 5 Waihi 0 3 0 8 4 0 8 4 G Waihi Extended .... 0 210 0 3 0 — Waihi G'd Junction 111 0 111 3 111 3 Waitangi — 0 2 8 — Watchman 0 19 — — Blackwater 112 0 113 0 - Con. Goldfields — 1 1 .6 — Progress 0 14 9 — — Ross Goldfields 016 6 016 9 016 t STOCK EXCHANGE. (By Telegraph—Press Association.* Auckland, June 7. Business done at this morning's call of the Auckland Stock Exchange included:— May Queen. 4s. 2d., 4s. Id. Sylvia, 3s. lOd. Saxon, 10s. 9d. Waiotahi, 4s. 3d. to 4s. Id. Mount Zeehan (paid), Bid. Ross, 16s. 9d. Hauraki Reefs (paid), Is. 5d., is. 6d. llauraki Reefs (con.), IOJd. Hauraki, 4s. 7d. Tairua Golden Hills, 33. 2d. Waihi, £8 7s. Grand Junction, 325., 31s. 9d. New Zealand and River Plate, 41s. 6d. New Zealand Portland Cement, 435. 6d. The following business was done this afternoon W'iihi Extended, I*. 9d. Waihi Grand Junction 31s. 9d., 31s. 6d. Mountain King, Is. Hikurangi Coal. 20s. 9d. Taupiri Cqal, 19s. 9d. New Zealand Cement. 435. 6d. Wilson's Cement (ordinary), 40s. 6d. New Sylvia. 3s 9d. Waiotahi, 4s. Id. Watchman, Is. j-.'d. Consolidated Goldfields 21s. 3d. Hauraki Reefs (paid up), Is. 6d. Old Hauraki, 4s. 6d., 4s. sd„ 4s. 4d., 4s. 5d.. 4s. 4d. Oomstock, 3Jd' Maoriland, 6d. Waihi. 1865., 185s. 6d., 1855., 185s. 6d. . . Dunedin,' June 7. Stock Exchange sales:— May Queen, 4s. Old Hauraki, 4s. 6d. Waihi, £8 4s. ,3d. Standard Insurance, £1 4s. Sales reported Golden' Bed, £1 Is.: Waihi Grand Junction, £1 lis. 9d.; Old Hauraki, 4s 6Jd.; Waihi Grand Junction, £1 lis. 9d.; Old nauvaki, 4s. 6*d.; Waihi, £8 4s. 3d.; National Insurance, £1 9s. TALISMAN RETURN, £18,642. J FROM 3630 TONS. I (By Teleffraph.—Press Association.! | Auckland, Jnne 7. I During the month of May the Talisman 1 Consolidated Company crushed and treated 3880 tons or ore for a yield of bullion i valued at £18,642 ss. sd. This shows a I decrease compared with tho £21,209 won from 4000 tons in April, but an increase compared with, the yield for May, 1909, , when 3865 tons returned bullion valued at £17,846. The costs for the past' month were 395. 6d., made up as follow:—Mini- develop- 1 raent, 12s. Id.; mining, 14s. 3d.; milling, 11a Id., general expenses 2s. The. Talisman Consolidated 'Company, j since reconstruction, has paid £401,250 in dividends. .

TALISMAN COMPANY. The following telegram was received by the Wellington Stock Exchange from the Talisman Company yesterday:—''Kay return: Crushed 3880 tons, value £18,642 ss. sd. Costs: Mine development, 12s. Id.: mining, 14s. 3d.; milling, lis. Id.; general expenses, 2b. Id. Forwarded to London the following cable:—No. 11 level, north drive: Progress, 30ft.; width of reef, 42in.; values low. No. 15: .Rise advanced 51ft.; width of reef, 51in.; value, £8.45. Ko. 6 winze; Progross, 6ft.; width of reef,-4Sin.;'value, £13 7s. 6d. No. 12 winze: Progress, 17ft.; reef wider than workings; value, £8 13s. No. 13 winze: Progress, 9ft.; width of reef, 24in.;-value,'•£! 125."-' • CROMWELL GOLD MINING CO^ 'i. UNDERWRITTEN IN MELBOURNE. fßy Telegraph.—Press Association.} • Invorcargill, June 7. • A cablc was received to-day by Mr. .T. 0. Whiteman, who was a passenger by the Uliinaroa, to the effect that the Cromwell Gold Mining Company, with a capital of £20,G00,' was underwritten in Melbourne last Wednesday, and that the shares had been"" over-subscribed on Friday. The company will develop the Bendigo Ore Mine, one of the earliest worked and richest In O.tago. ... v THE BIG RIVER COMPANY. 1 The Wellington' Stock Exchange is in receipt of the following telegram from the New Big River Company"New Big River battery, short period, crushed 80 tons, yielding 48oz. gold; 107oz. from cyanide; estimated value. £450."