MINING NEWS

Dominion, Volume 7, Issue 2216, 31 July 1914, Page 10

MINING NEWS

WELLINGTON SHARE MARKET. , There were no transactions in tie mining ,market, yesterday. The: quotations were aa: follow:— 1 Buyers. Sellers. £ s.d. . ..'£ B.d.' Btackwater : — , 017 9 Con. Goldfields' — , 014 0 Murray Creek (old) — . 410 0 Murray Creek (new) ...... — *0.10. 0 New Sylvia — : o .0 8 Progress — - 0 9 0 Ross Reconstructed 0.1 7 V -.< o'<-2 : 0, Swastika. — 0 "4'o Talisman — >- 111 0 Victoria, — "002 Waihi — 1 14 0 Waihi, Grand Junction ... — ' 1 4'3 Waihi Paeroa — 10 0 Waiotahi- j — •. 0 16 Waitangi ;. — ".' ' ,01 2 Watchman : — : 0 2 3 , * *Premium, . ~ STOCK EXCHANGE. ..

(By TelegraphHPress Association.) : Auckland, July 30. The share marlcet - was quiet to-day, the influcnco of the European crisis being felt to some extent. There waa : little demand for standard stocks,, which have practically nropped. out of the market. The three leading mining stocks were-weak. Business done at.tho.-3J6 p.m. call was as follows;— , ■ Waihi, £1' 14s. . - Talisman, ,£1 105."3d. . Ross Goldflelde, Is. lid.

Sales:— , '' ■> Talisman, £1 lis. 6d„ £1 iOs.' 6d. ' '• ■ Waihi, £1 4s. 3d., £1 $<s. , : 1 Junction, £1 4s. 1 Auckland Gas,' £1 Bs. 6d. Auckland- Trams (pref.), ills. Sd.V ; . . '' -Christohurch, July 30. . Sales, ' Canterbury Frozen Meat, £8 16s, 6d, • - : Waihi-Mining, £1 14s. 6d. , WAITANGI CONSOLIDATED. ' Tho mine manager of the 'Weitanci Con-' eolidated reports that operations during the past week have been in progress in No. z and No.'3. levels. : In the western section of No. 3 level-' stoping west of No. 1 rise, the ore coming to hand from .this etopo is of, good grade, dabs of free gold having been soßn. A. sample taken from the face gave the assay value of £5 ss; 3d. per ton.' in the eastern end of this,level in No. 2 rise' a further height of 3 feet was reached, making a total height of 24 feet from the back of. the. drive. - During the week, two mem were engaged in trucking quartz from No. 8 pass in No. 4 level; about ICO tone was trucked out to tho , quartz paddock This will give us plenty of storage room for the ore coming from the rise, which Is going up from No. 3, level. No. 2 level, driving from No. 3 crosscut east, a further, distance of 3 feet. was driven, making a' total distance'of 18 feet from the crosscut; the footwall branch is still bearing to the south. There is now about 7 feet of country between the two branches. This face has been stoped for the present, as we have no storage room for the quartz, until we get the rise'through to thia level, . '