MINING NEWS.

Dominion, Volume 4, Issue 1214, 24 August 1911, Page 8

MINING NEWS.

WELLINGTON SHAPE MARKET. A fair amount of business was done yesterday, but nothing can be said as regards prices. The transactions recorded were ns under:— Blackwator Mine.". 255. 'third call). May Qucon, 2s. 2d. (third call). N.Z. Crown. 2s. 9d. (third call). Saxon, 2s. 3d. (second call); 2s. 3d. (third call). Tnirua, Mines. Is. (second call); lCd. (third call). WniUngi. 35. 2Jrl. (second call). The buyinc and selling quotations were as under:— :

The Wellington Stock 'Exclianco received the following tel«srams yesterday:— From the Old Uaunk: fi.M. Companr: "301b. picked sjono, No. 2 block, 30Cft. level." From Talisman Can.soli'inled: "Sent to London the following , cabbpram: No. 13 level: Driving north of No. 12 winze—Propress 27ft.; reef 3£:n. wide: assay value', .€lO 17s. 6d. Driving south off No. 12 win» —Progress 24ft.; reef wider than drive: assay value, £9 65.: No. 15 rise. )iro?rcss 29ft.; reef <8:n. wide; assay value £6 18s." STOCK EXCHANGE. (By Xcicßraph-—Press Association.). Auckland, Aueust 23. Business was done o:i the Stock Exchange to-day as follows:— Nov.- Sylvia, 2?. lid. Occidental, ljd. fcixon, 2s. 2(1., 2s. W. Waiotahi. 3s. AVaitanjri, 3s. 3d. Hauraki Reefs. Is. M. ■ Tainia Mine?, Is. lCd. : Grand Junction, £1 7s. 9d. YVait'aia. 35d. . Northern Coal, 1!?. 9d. ' ' ' Taupiri Coal, £1 Is. 9d. The following business. was done at the afternoon rail:--New SvMa, 2s. lid. Sasnii, 2:. M. WafW Grind Junction. £1 7s. 6d. Jla-uraki Heefs (i).u.), Is. 6d. Tairua MPiues (2d. coU). lfd. Duncclin, AuKust 23. ftock Fschinge sale:— Saxon, 2s. 3itl. Falo' reported:— Talisman Consolidated, £2 11s. 3d. WAHiI Gil AND JUNCTION. (By Teleeranh.—Press Association.) Auckland. Ancust 23. WaW.i Cram , . -Tmicticin for 33 stamps runnine 22 dnvs crushed E235. tons; return valued at m>2ls. WAITAXGI CONSOLIDATED. The repori of the mine manager of TVaitangi Consolidated for the week ended Amjnst 19 is a? fellows:—Tlie drive haa liesn advanced a further distance of <1 feet, makiiiK a, total distance of 2302 feet. The country is of .-i good description. On T'ltn-'day we rut the hanging-will of the slide, whirh is siipnosed to hn the "Jloanatniari s'.idu. oneorrtinst to the survey. It came in on tiio left-hand side, and ia the drive at a Ion? anitle. and a hi* underlay to tho west. A distance of 5 feet of a- puc formation was cut through, and then struck nice amie«itc country, which look= like Hie footwall. But whether this is so or not, we rannol say until the drive is further advanced. As no water is inakins its anpearance, I think that it is more than likely that there is -et another branch of the slide to be cut

Buyers. Sellers. £ s. d £ s. <1. Rlnckwatcr 14 6 15 6 Con. f!o!dfields — 0 19 6 Dominion — 0 0 1 ICuranui Caledonian 0 13 0 15 May Queen ■ ' — 0 2 3 Maoritand — 0 0 New Sylvia. 0 3 0 0 3 1 Old Jlauralu 0 17 — Saxon 0 2 2 0 2 4 T.-'inia Mines — 0 0 10 Talisman 2 11 3 2 11 6 Waihi 3 10 3 19 Wnihi Grand Junction ... I 7 3 17 9 Waitangi 0 3 1 0 3 3 Itoss 0 2 1 Murray Creek 0 5 0 0 9 0 Wailii-i'acroa — C15 0