MINING NEWS.

Dominion, Volume 5, Issue 1248, 5 October 1911, Page 8

MINING NEWS.

WELLINGTON SHAEE MARKET. The market for mining shares was decidedly weaker, and comparatively little business was done: The sales recorded were as under :— Wnihl 63s 9d., 68s 6(1.. 68s. <d., 68s. <<1. 68s. W. (second call), 68s. 6d., 682. 6d. (third call). ; . • n " The buying and sellinc ouotaUous were as under:— ; . . • Buyers. Sellers. £s. d. £s, d. Blackwater ~ 17 6 Con. Golfifields 017 6 ■ 10 0 Kuranui Caledonian 0 12 0 14 ?riv Ouppn '.. —' 0 2 4 now si"??" ::.:.....,:....:. ois ono Old Ilauraki - 0 18 Si™,, 0 17 0 19 Talisman"" ' '. - »1 I ■\Vpiiii ' 3 8 3 3 8 9 Waiui Grand. Junciiwi... 1 14 6 1 14 9 Waitnngi 0 3 2 0-35 Watchman 0 17 0 1 11 Waihi l'acroa ■ - ° « J Rom ' .'. - « 2 1 Murray Creel; (55.) 0 8 0 - The Wellington Stock Exchange roceived the following telegrams yesterday:— STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, October 4. Business done:— ' May Queen, 2a. 5d., 2s. <4. Saxon, Is. Ed. TV'niot-nhi, 3s. 3d. ' Hnural;! Kec-fs (con.). Is. 6d. Waihi, £3 Bs. 6d., £3 Bs. 3d. ■ Orand Junction, £1 155., £1 Kg. 9d. Wilson's Cement Company, £2 os. 6d. The following business was done at the 3 15 p.m. call'on the StocU lischanßc;AVaihi Ertendcd, Is.. 10d. Old Hauraki. Is. 6d. Itoes Goldflclds. 2s. , Dunodln, October 4. Stock Exchange sales:— Waihi Grand Junction, £1 143. 9d. Waihi, £3 9s. (cisht weeks). _ Sales reported:—Waitanui, 3s. 3d.; wrstnort Coal, £1 Eβ. 6d., £1 83. 9d.; Union Stqam; £2 Os. 6d.; Waihi firand Junction, £1 lJs. (eight weeks); Waihi, £3 9s. (eight weeks). OEASD JUSCTIOS MINE. (By Teleeraph.—Press Association.) Auckland,. October 4.The superintendent of tho Grand Junction mine cabled to London as follows:—' "CrusMnpt 3CO tons daily, actual extraction £1 7s. 6d. per ton;'arranginc to infiroase liltcrs to SCO tons. To-day Empire iode, No. 5, 9Coft.. winze 42u)., assay £7 19e. 2d.. with no walls seen." The progress report for the pa,st two weeks at the Grand Junction shows satisfactory results. ■ Shikinß. in the m:\!n shaft completed to the new level. The Mary lode has reached the Waihi Extended boundary. At No. 4 level, values £2 17s. 4d. and £1 6s. lCd.; No. 5 level, Grace lodo. worth £2 IDs.; Empire lodo. worth £7 195., and no walls seen. Other valucn on the Empire at this level, £2 10s. and £1 l'da.; ltoyal lode, between Nos. 5 and 6 levels, shows a. width of 35ft., tie. hancinK wall not beins seen. Average value £4 4s. 6d.; crushing 390 tons daily. NEW BIG BITEK. "Dividend Is. declared last night, payable 6th." . ■ ' CONSOLIDATED GOLDFIELDS. Progress: Crushed 3WO tons, yielding bullion valued at £1752, cyanided 2525 tor.o, yielding bullion valued at £920; estimated value of suiphurcts produced £555. Wi-alth of Nations: Crushed 2654 tons.' yielding bullion valued at £3501; cyanided i 029 tons, yielding bullion valued at £1069; estimated value of Eulphurets produced, £133. ■ Dlackwater: Crushed 4280 tons, yielding bullion valued at £7192; cyanided. 2577 tons, yielding bullion valued at £1196; estimated value of sulphurete produced, £325.