MINING NEWS.

Dominion, Volume 5, Issue 1304, 6 December 1911, Page 10

MINING NEWS.

WELLINGTON SHARE MARKET. There was very little business done yes terday, and prices were inclined to droop. The transactions recorded were as under:llauraki Reefs, 12; d. (locond call). Victoria; Is. 2d. (second call). Waihi, 55«. 6d., 555. 9d. (third call). Waihi Grand Junction, 295. Id. (third call). Waitangf, 3s. 2d. (third call). The buying and selling quotations were as under:—

Tht> Wellington Stock Ksehanee rccei-rorl dated" Ooldf^ld' 0 - 5 '" 11, fr ° m " 1C Consoli-

. Progress criidhcd 3070 tons, yielding bulbon value £17«: cyanidod 2165 tons, yielding bullion value .CT7O; estimated value of the smnhurcts produce. £561. Wealth of Nations crashed 2Z2i tons for bullion value £M°4, cvanided 1«?9 tons for bullion value ££60. sulnburets £135 ■ Bliickwator crushed 5059 tons for £SSRt; cyanicied 17M t-ons for £533, sulphurets £390.

. STOCK EXCHANGE. . (By Telczranb.-Press Association.) '•• •-.... Auckland, Dccoßiber 5. . Business at this morning's call on 'Change inenidcd :— Kurunui Caledonian, ls. 9d. Now Sylvia, ls. led., ls. 9d. Saxon,- ls. sd. ■»'aiotal)i, ss. 6d. ~ ~ Talisman?, £2 6s. 9d. . liising Sun, sd. Waihi,' £2 165., £2 16s. Gd. Waihi Extended, ls. 6d. ■ Grand Junctions. £1 95., £1 &s. 9d. Business done at the 3.15 p.m. call-to-dayi-New .Sylvia, -Is. Bd.; Wniotahi,' 05. 6d.; Waitangi Consolidated, 3s. 2d., 3s Id • Golden Oross, Sd.: Talisman Oonsolidated: 475. 3d.; Waihi, £63. 6d.. 56*. 9d 67= 57s 3d., 57e. Mi, 575. 3d ;4Vaibi Grind Junction; 295. 3d.; Auckland Gas. 683. 9d.. 69J. c , ■. _ ' Duncdln, Becember 5. Stock Exchange sales:— Waihi Grand Junction,'.£l Bs. J..Z. Taper Mills, £1 c-a. 3d. - , HEEFTON CONSOLIDATED GEOCP. (Bj Telojraiih-Pross Association.)

' ' ' Reefton, December 5.Dredging return :-Pactolus, 230z. lMwt for 125 hours. The'Beeftou Consolidated Group's report for.-Jiovcmlwr states:—Tho Progress cru«hcd 3570 tons, yielding 4290z. 16dw-t, of bullion valued at £1746 ls. '3d., and oraSidcd 2165 tons, yieldSTO Z7Coz. lSdwt, "o{ bullion valued at £769 19s'. The estimated value 0/ the sulphurets produced (32 fnnO «-i<= £561. Tho ( Wealth of !&, nS 22M t0 * US, V^ e ?° oz -^ U of bullion, at £2984 6s. 10d. and pv,ni<l o ,i K2B tons, yielding 2&. 16dwt, of bullion valued at fm Ss Bd. The estimated 9 value "14 lp^rc } 3 P rodl >ced (9 tons) was •°, h, Tfo 'Blankwater crushed 3059 tons iCSSB? fa \m 13dn l of bl^lion ' valued' at £5582; 14s. -lOd.. and cyanid«d 1704 tons ge ding lMo«. «dwfc of bullion, mm «i. id. The estimated value of onl phurets produced (25J tons) was £390. m

More than 7,000,000 golf balls are used up in Britain every year. It is now .75 years since the first railway was introduced into Germany. The experiment was naturally on a 'modest scale, from Ludwi-sbann joining up iVudeinburg to Furth. The six kilometres of 10 years ago have increased to-dav to 60.000 kilometres, a kilometre being 'fiveeighths of a mile, and it is claimed that Oermany, to-day, possesses the finest railway system in Europe.' The first locomotive used on the Xureniburg-Ftirth lino wo.s named the Adler, and was made under the suptrrintendence of Stephensou, in Lpgland. It cost .£B6O.

..-..' Buyers. Boilers. ' ' ■ £ E. i £ s.r". Bonanza. 0 0 2 — Dominion '. •...'. ;■..;. - 0 ' O'-l . ■ .0 0 U Kuranni Caledonian ... 0 1 8 0 1 10" Jlaorilpntl'..". :; — . 0 Oil Mountain Kin? ...'.„■..'. 0- 0 '4 — ' Murray Creek ,(Ss.) .-. 0 7 0 — Sloncra-ai' .:..../— 0 18 N'cw Sylvia 0 18 0 1 10 Occidental 0 14 — Paiou 0 15 _ Talisman 2'6 9 2 7 0 Victoria- ;.... Oil 013 Wnjhi ...■.....: 2 17 0 2 IB 0 >\"ft|lu firand Junction ... 1 9 3 1 10 0 Wniotaht 0 5 6 0 5 9 naitangi 0 3 1 0 3 2 Watchman — 0 2 1 Kotukli Oilfields (10s.) - 1 15 0