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MINING NEWS.

[Per Press Association.] LONDON, March 26. The Haurati Associated Gold-reefs Company, with a capital of £IOO,OOO, is being floated. Half the shares are offered to the public. AUCKLAND, March 28. It is amioimeed that the Talisman purchase has been completed in London without waiting for the expiry of the option. Rich stone has been got from Bunker’s Hill, and the shares have advanced to 9s. The following are the quotations for the leading mining 'stock on the Auckland share market, and business done. Sales : —Cardigan Is 6d to Is sd, buyers Is 4d, sellers Is 6d. Hazel bank 3s lOd, buyers 3s .9d, sellers 4s. May Queen 7s 6d to 7s fid, buyers' 7s Gd, sellers Bs. Moanatiri North sd, buyers sd, sellers 9d. Monowa.i, 5s 3d, sellers 5s 9d. New Whan fid to 81d, buyers Bd, sellers Od. Puru Consolidated Is 2d, buyers Is 2d, sellers Is 4d, Victoria 3s lOd to 3s lid, buyers 3s 9d, sellers 3s lid. Midas Is lid, buyers Is lid, sellers 2s. Try Fluke 6s 6d, buyers 6s, sellers 6s 9d. Day Dawn 6d, buyers sd, sellers 7d. Ivanhoe fid, buyers 7id, sellers 9-kl. Puriri 6d, sellers 7d. Queen of Waihi 2s lid, buyers 2s lid, sellers 3s 6d. ' Talisman 10s 6d; buyers 10s 6d, sellers 10s 9d. Waihi Silverton 725, 735, buyers 725, sellers 745. Waihi Extended GUI, buyers 6d, sellers fid. Waihi Consols Is 6d, Is 7d, buyers Is sd, sellers Is 6d. Woodstock 245, buyers 235, sellers 24s 6d, King of Waihi 7d, buyers 6d, sellers 7d. Sovereign, Is 2d, Is Id, buyers Is Id, sellers Is 2d Bunker’s Hill 88; 7s 6d, buyers 8s 3d, sellers 8s 6d. Hauraki South fid, buyers 7d, sellers 9d. New Golconda Is Id, buyers Is, sellers Is 3d. Pride of Tokatea Is 3d, buyers Is, sellers Is 4d. Buyers—Cambria Is 3d, City of Dunedin Is 6d, Clunes sd, Golden Point Is 2d, New Alburnia 4s 9d, Moanatiri 9s 9d, Norfolk 3s, Waiotahi 2s fid, May Queen Extended 6|d, Aorere Is 3d, Golden Anchor 9d, Golden Link fid, Invicta 3d,. Jupiter 3s 3d, Kapai Vermont 6s lOd, Kuaotuuu Is, Juno 7d, Grace Darling Is 1 sd, Huanui Is 2d, Imperial Is od, New Zealandia od, Portsea Stanley 3d, Waihi Monument 6d, Waitekauri 97s 6d, Waverley 7|d,. Wealth, of Nations, : 4d, Waitekauri No, 4 Is 7d, Waitekauri No. 2 7d, Young-, New Zealandia Is 2d, Hercules Gd,' Waitekauri King sd, Sir Julius 3d, Coromandel Freehold Proprietary Is sd, Four-in-hand Is Id, Hauraki . No. 2 Is Id, Harbour View 4M, New Tokatea Is, Wynyardton 9d.

LYELL, March 23. The Alpine manager’s report for the week.is as follows:—The up-rise- from back of No. 4 level has been driven a further distance of 12ft, making the total distance 26ft, 9ft of which has been risen, on the reef. This is 4ft 6in wide, and bears strong indications of still widening. I have much pleasure in stating that it is carrying very good gold. I noticed another splice making on the foot-wall this morning, from which a little water is percolating, which may be considered as another encouraging feature. At present the reef seems to have • a westerly trend, and an extraordinary pitch in the same direction. Nothing has been done at No. 9 level since Monday night, owing to the flood, and it will be a few days yet before I shall be in a position to resume work at the above levels. We have sustained comparatively no damage at the mine, and will have all necessary repairs completed in a few days. The manager for the Cocksparrow dredge reports for the week as follows : —Owing to the flooded state of the river we have ' done no dredging for the week, but will start dredging again as scop as the road is put in a state of repair to allow the contractor to deliver coal. In the meantime will give all gear a thorough overhaul. WESTPOET, March 28. The coal export for the week ended today was 2856 tons 19cwt, as follows : Westport Coal Company 1750 tons, Cardiff Company 661 tons 14cwt, Knights of Labour 645 tons scwt.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18960330.2.50

Bibliographic details

Lyttelton Times, Volume XCV, Issue 10919, 30 March 1896, Page 6

Word Count
692

MINING NEWS. Lyttelton Times, Volume XCV, Issue 10919, 30 March 1896, Page 6

MINING NEWS. Lyttelton Times, Volume XCV, Issue 10919, 30 March 1896, Page 6