MINING NEWS.

Dominion, Volume 4, Issue 1233, 15 September 1911, Page 8

MINING NEWS.

WELLINGTON SHARE MARKET. Rather raoTo business than usual was done yesterday, and Talismans. Waihis aJid Junctions were firmer. The eales recorded yesterday ATcre as under:— New Sylvia, Is. B£d., Is. BM., Is. 9Jd. (third call). Talisman, 50s. 3d. (second call). Waiiii, 695., 695. 6d. (second call); 695. 3d. (third call). Waihi Grand Junction, 295. 3d. (sccond call). Waitangi, 2s. Bd. (second call). The buying and selling quotations were as under:— Buyers. Sellers.

STOCK EXCHANGE. (By. Telegraph.—Press Association.) 1 I Auckland, September 14. Business done 'Chance this moraine:— . May Queen, 2s„ Is. lid. New Sylvia. 2s. Id. to Is. 9d. ! Saxon. Is. 9d. Jlauraki Reefs (con.). 1?. 4d. Waihi. £3 Bs. 9d. to £3 9s. 3d. Grand Junction, £1 9s. , New Zealand Insurance. £4 17s. 6d. Tho following business was done at the 3.15 p.m. call:— Kuranui Caledonian, Is. Id. May-Queen, 2s. New Sylvia, Is. 9d., Is. 9d„ Is. lOd. Ross Goldfields, 25., 2s. Id. Golden Cross, 6Jd» Waihi Grand Junction, £1 9s. < Kauri Timber Co., 16s. 6d. ' ] Christchurch, September 14. { The following sale was reported on tho \ Stock Exchange of Canterbury to-day:— Kaiapoi Woollen. £5 lCs. J Ouncdln, September 14. 1 Stock Erchange sales:— ] Electric. 3s. 6d. (three parcels), 3s. lCd. (four parcels). , Waihi. £3 Bs. 9d. (two parcels). li Salc3 reported:— a Waihi Grand Junction, £1 Bs. 6d., £1 Bs. « 9d., £1 95., £1 95., £1 9s. 3d.. £1 9s. 3d. (eight weeks). Electric, 3s. 9d.

WATCHMAN. GOLD-MINING CO. The manager of the Watchman Gold Mining Company reports as under for tho week euded September 9:— Dunedin Reef: This face has been advanced a. further distance of 7 feet, with three shifts, up to Wednesday, September 8. At that pcint a start wac made to drive towards tho Sunbeam in a straight line for the purpose of affecting a connection as early as possible. Twelve feet have been driven in this direction, making a total of 19 feet for the week. Both these faces are in quartz, in which zinc blend and sulphides can be seen freely. The crosscut does not appear to be . through the- Dunedin reef, as the pug is still showing in the hanging wall, with tho parallel reef Rtill further ahead. Windfall Reef: Two men have been eu-•*.-u?cd advancing thb face on the foot--7,-nil, and, although the reef is more favourable for progress, no change is to bo ?<* in the auality of the ore, as compared with that of last week. Stmbcn.m Low Level: This face has been advanced 32 feet, with threo shifts, through a most favourable class of country for progress, with bunches of quaTtz intormiied.

£ s d, £ s. d. Waclnvnter 15 0 — Con. Goldlieldn — 10 0 Kuramti Caledonian — 0 1 4 May Queen — 0 2 0 Nctt Big. Paver — 319 0 New Sylvia — 0 19 Saxon 0 18 0 1 10 Tairu.i Mines — 0 0 10 Talisman 2 10 0 2 10 6 Waihi 3 9 6 3 10 6 Waihi Extended 0 1 8 — Waihi Grand Junction... 19 0 19 6 Wait-angi — 0 210 Boss 0 1 10 0 2 0 Murray Creek (5s.) 0 8 0 —