MINING NEWS.

Dominion, Volume 4, Issue 1158, 20 June 1911, Page 8

MINING NEWS.

WELLINGTON SHAKE MARK.ET. The. market yesterday displayed a riistinrt upward teuficncy- Waihis, Junct 11123, Talismans, aud May Queens were higher than thev were last. week. The threatened strike of miners has been averted, at least that was tho news received in Wellington yesterday, and there followed greater. confider.ee in tho situation. Th© rapid advance in some of (he shares looks verv niu"h like, the covering operations of tho'<c who arc short. When the. labour trouble loomed large, there were reports that a, ?triko v.as inevitable. a".i many of. tho punters oversold. They aro covering now' at prices that must laind many- of them in "heavy losses. The sales recorded yesterday were an under Consolidated Goldfields, 18s. 3d. (sccond call*. Hay Queen, 1-. Id.. 2s. 3fd. (first call); 2*. 4d. (rccond call); 25. Btl. (.third call). Talisman, <Bs. 6d. (first call). Waihi, 615.. 61s. 6d. (first call): 625.. 62.-. 3d. (second call); 61s. 6d.. 6c-;. 3d. (third call). The. buying and selling quotations were as under:—

STOCK KXCHANGK. (By Telegraph-Press Association.) Auckland, June 19. business done Kuranui. 'id. May Queen. 2*. 6d.. 2s. 7d. Moanataiari, 3}d., Jd. • Magnet, 2d. Saxon. 2s. Victoria, Is. Hauraki, 2=. Id. Tairua- Jline?, is. ?d. Taltenun. £2 Si. Mm £3 3l> ffalii, £S li., £i 2i. 34.

firnnrt Junction. £1 6 1 ?. 3d., .€1 6?. 6d. Kauri Timber Company. 175. 4d. Tlic following business was douo nt tlic 3.15 p.m. call lo«rt:i.v:— !May Queen. 25. Bd., 2s. 9d.. Is. Bd. tfotinnla-Kiri. 4d. Cniisolidnioi Goldfleld". 19s. 3d. Kapanj?a, 7d. Is T e»v Zc.ila.nd Crown, 3s. £rl. T;ili?man Consolidated. .€2 9s. 3d., £2 9s. 6d. Waihi. £3 55.. £3 75.. £3 6?. 9d., £3 7s. 3d., £3 7?. orl.. £3 8?.. £3 Bs. 3d., £3 Bs. 6d.. £3 fa. 9d.. £3 95.. £3 9s. 9d. Waihi Grand Junction, £1 7.«. 6d., £1 7?. 9d., £1 7s. 3d.. Now *\Vnit-aia-. Bd. Waihi Extended, Is. 7d. New Zealand Paper Mil!?. £1 1?. 6d. Duncdin, June 19. Stock Kxchanee sales:— 1 May Queen. 2s. 7d. Waihi Grand Junction. £1 7s. (8 weckV delivery). Sales reported:— Kisins Sun. £2. Waihi. £3 3s. N.Z. Coal and Oil, 7<?. The following arc the Stock Eseliangc quotations:— Dredginp stocks: Electric, buyers 25.: Golden Bod, sollora 125.: Hartley and Riley, sellers 18s.; Koputai, sellers 175.; Mystery. Flat, buyers Bs.; Bise and Shine, buyers £1. 175.: Rising Sun, buyers £1 195.; Sailors Bond, sellers £s. Mininc Stocks: Eces Goldfields, buycTS Is. 9d.; Nokomai Hydraulic, buyers 155.; Consolidated Goldfields, buyers 175.: May Queen, buyers 2s. 6d., sellers 2s. 9d.; New Sylvia, buyers 2s. Bd., selloro 2s. lid.; Old Hauraki-. buyers 2?.; Talisman Consolidated, buyers £2 Bs. 3d., sellers £2 10s.: Waihi, buyers £3 3s. 3d., seller'? £3 55.; Waihi Grand Junction, buyers £1 6s. 3d., sellers £1 7s. Investment Stocks: Bank of New Zealand (ex diw), buyers £11 125., sellers £11 155.: New Zealand Insurance, buyers £4 Bs. 6d.; South British Insurance, buyers £3 lCs. 3d.; TJ.S.S. Co., buyers £2 Is., sellers £2 Is. Bd.; New. Zealand Coa.l and Oil, buyers 6s. 6d., sellers fe. 6d.; D.I.C. (pref.), buyers £1 2s. 9d.; D.1.0. (ord.), buyers ss. 6d.: Dominion Rubber, sellers 7s. 6d.( Milburn Lime and Cement (£1). buyers £2. sellers £2 os. 6d.: Mo.*sri?l Woollen Factorv, buyers £3 IC<3.; New Zealand Drug Co. (£2). buyers £2 95.; Donaphy's Rope nr.d Twine (rights), buyers Is. 3d. (premium), Is. 9d. (premium).

"Father," said little Rollo, "what is meant by 'Sabbath day's journey"-" "I am afraid, my son, that in too many cases it means twice around the golf links."

Buyers. Sellers. £ s. d. £ p. d. lircmncr's < o o a o o i Con. Goldfields 0 18 6 10 0 Kapaiifrn. : 0 0 6 — Kuranui Caledonian — 0 13 May Queen 0 2 7 0 2 6 New. His Uiver a 17 6 New Sylvia 0 2 8 0 2 9 Old Ilanraki — 0 2 4 Saxon 0 1 11 0 ?, 1 Tnirun Mines 0 19 0 l 11 Talisman 2 R 9 2 9 3 i Wnihi 3 5 0 3 6 6 i Wuihi ft rand Junction ... 1 6 3 Wniotali:- — 0 2 8 Wnitanci 0 2 4 Watchman 0 17 0 11" Hoe? ... — 0 2 5 Waihi I'aeroa 0 11 0