MINING NEWS.

Dominion, Volume 3, Issue 914, 6 September 1910, Page 8

MINING NEWS.

..WELLINGTON SHARE MARKET. Except for a. few transactions in Talismans and Waihis the market is excocdingly quiet.' Waihis havo firmed, : and were sold yesterday afternoon at £G 15s. 6d. The sales recorded . yesterday : wero as under:— \ Saxon, Is. 6d. (second call). Talisman, 575. 6d. (second call), sls. 6H. (third call). Talisman, rights, 245. 2d. (second call). Waihi, £6'115.,-£i 13s. 9d„ £6 Us.,-£6 Us.

hi. (first call), £6 155., £6 15s. 6d. (third call). . ,-. Koss Goldflelds, 3s. (first call). Watchraaor 2s. Sd:',(second call). '" QUOTATIONS.

'.;,,, STOCK EXCHANGE. • ' . (By Tolegraph.—Press Association.) ■ ... ' ' Auckland, .September -5.' May Queen, 3s. lid. ' .- Sylvia, 3s. lOd. ■■-'••-,.> ;•. Watchman, 2s. 6d.. . .Talisman, £2 125., do.-,- rights, £1 ss. ■-Waihi,'£6 16s. to'£6 175.:-. ' . MGr'aiid.'Junctibn,' £1 15s.- 6d., £1 16s.' . Marks Turbine (paid), £1,115.. The following business ■■ was done at the 3.15 p.m. call to-day:— Mount .Zeohan, 6id. , Boss Goldflelds. 3s. 2d. , Tairua Monarch, 2d. Talisman' Consolidated, £2 12s. ;' .Talisman Consolidated (option), £1 ss. 6d. . Waihi, £6 175., £6 175.. 6d. ■ Waihi Keefs Consolidated, ss. 2d., 6s. 3d. Watchman, 2s. 7d. ; , ; - . Waihi Grand Junction, £1 16s.' 3d.' May Queen, 3s. lid. Auokland Gas, £3 9s. Marks Turbine (p.u.), £I.los, Marks Turbine (con.),'l3s. . * Dunedln, September 5. -. Stock Exchange sales:— : .. : Waihi, £6 14s. 6d., £6 14s. 9d., £6 14s. 6d„ £6 16s. 6d.,;£6 168.:6 d- . .-.-.■: .••.'.■ Sales reported:—Waihi, £6;'14 8 ., £6 15s. 6d. (one month's delivery), £6.165„ £6 155., ■£6 155.. 9d.; Talisman Consolidated, £2 lis. 6d. ■',,; ..■■■■ ■ Stock ■ Exchange quotations :—Dredging stocks: Blackwater, sellers 55.; Electric, sellers 3s. 9d.; Hartley and Eiley, sellers 18s.; Island Block,'buyers: 3s. 3d.; Koputai, buyers £1, sellers' £1 Is. 6d.; Hunuherikla, sellors 125.; No Town Creek, buyers 6s. 9d., sellers ;65./ • , Mining' stocks:—Eoss Goldflelds, sellers 3s. 5d.; Consolidated Goldflelds, buyers £1 Os. 6d.; Nokomai Hydraulic, sellers 17s. 6d.; Keep It Dark,. buyers 12s. 6d.; Progress Mines of. New Zealand, sellers 145.; May Queen, buyers .3s. 9d., sellers 45.; Old Haurakl, buyers: 4s. 5d.,, sellers '4s. Bd.; • Watohman,;sellers 2s. 7d.; Talisman Con-, solidated.-buyers £2lis'. 3d., sellors £2 12a.; Talisman Consolidated (rights), buyers £1 35., sollers £1 65,; Waihi, buyers £6 16s„ Bellers £6 16s. 6d.;'Waihi Grand Junction,' buyers £1 15s. 9d:, sellers £1 16s. 3d. . - -Investment stocks:—National Bank,' buyers .£sl-145.;. Wcstport-Stockton, severs 7s. 6d.; Mosgiel, Woollen Factory, [ buyers £3 4s.;' New Zealand Paper . Mills,' buyers £1. 3s. 9d., sellers £1 4s. 3d.; Dominion Eubbors, sellers 16s. (prem.). Chrlstchurch, September 5. .On the Canterbury Stock. Exchange, the .sales .-reported ~ were:—Permanent Invest-, me'nt' of /Canterbury,; £10,' £10. '!'-,; ': ' ' ' ' LONDON QUOTATIONS.; '" By.Toiegraph-l'iess A«Fi-inti"'i,-Copvric(ht London, September 4. Stock. Exchange quotations are as under: Waihi Gold-mining, buyers £6 10s. 6d., sellers £6 12s. 6d.;. Waihi Grand Junction, buyers 35s,:,.sellers 365..3d.' -- H' •uTAMRMAN,' MME : -TISITED. - - ' THE. WAPTANGI. MINE.; ...,/. :'Mr. W. J. Loring, engineer, has- just made, his annual inspection of the Talisman' mine,- 'accompanied by Dr. 0. P. Knight and Mr. T. Shaile'r Weston, members of the local board of directors. • Dr. Knight, who, returned jto Wellington yesterday, told a Dominion reporter that the party went right down to the', thirteenth level, tho twelfth winze of which, is now 150. feet. down. The manager, Mr. Stans-. field, 1 ' is! haying: an intermediate level mado at the '■ bottom of the winze, between the thirteenth and what will be tho fourteenth level,":and {has opened' out-about 10 feet on cither sido of tho winze. The last shot fired.. caused tho water that was coming -from-overhead and from'<ilie.sides to- como up from the bottom, showing that it had .intercepted the fissure-.connccting with the •water.' in, the- main' shaft. Good ore was. being found on; either: side of tho winze. All the. foundations for the. winching plant and ,engine of vthe- Woodstock, shaft were finished, and portion of the winding en-, gino had ■ been orected. Tho tube mills were nearly ready for working;, - . The party also .visited", the Waltangi mine -at tho Thames, : wher.e they found that considerable progress was being made in the construction of the'beach level tun-' ■nel;;-'The work'-of-installing..a small'.'com-: pressor was going ahead rapidly; and better .-progress, was -being made ; in the low 'level. tunnel (than-had,-.beeu- the,-ease, for some time.past. . ','.' ■-• ■".

i ' Buyers.' Sellers. Sales. £ b. d. ' £"s. d. . £ b. d. Kuranul '. — 0 0 6 — Kuranui Oaledn'n... — 0 17 — May Queen — 0 4 0 — Now Sylvia 0 3 9 0 311 — Old Hauraki ......... 0 4 6 0 4 8 — Saxon 016 016 016 Tairua Broken "Hills — 0 111 —'. Talisman ......2 11 3 2 12.0 2 li:'-6 Talisman, rights ... 1 4 3 14 6 14 2 Waihi ....:........'. 6 15 0 6 16 0 .6 15 6 Waihi GU Junot'n 115 9 116 3 - .; Watchman ;.. 02 4 026 02.5 Con. Goldfields ...... 116 12 3' - Progress' ■. 0 12 6. .— —.. Boss Goldfields. : 0, 3 ■ 2 . 0 : 3 >'3 0. 3 0