THE GOLDFIELDS.

New Zealand Herald, Volume XXXVII, Issue 11541, 28 November 1900, Page 6

THE GOLDFIELDS.

AUCKLAND SHAREMARKET. The market maintained an improved tone yesterday. In investment lines Northern Steamships (contributing) soid at 6s 9d, with further buyers at 6s 7d. Leyland-O'Briens were done at 30s, late buyers offering 29s 6d without sellers. In other lines there was sustained inquiry without sales. In mining lines Broken Hills changed hands again at 6d, sellers closing at that price, with buyers at s£d. Buyers of May Queen Haurakis advanced to 7*d, sellers still asking lOd. In Upper Thames lines the demand for Waihi stock increased. Waihis were looked for at i £12 7s 6d, no sellers quoting. Waihi Consolidateds sold at Is Bd, Is 9d, and Is lOd, late sellers asking Is lid, with buyers at Is 9d. Waihi Consols saw business at is and Is 2d, and Waihi Extendeds made a further advance with sales at 3s lid, 4s 2d, 4s 3d, and 4s sd, sellers closing at 4s 6d ; buyers 4s 3d. There were transactions in Waihi Grand Junctions at 64s and 68s, the market closing' with sellers at 70s, buyers 655. In Waihi Souths sales were effected at Is 7d, Is Bd, and Is 9d, late sellers asking Is lOd, with buyers at Is Bd. Waihi Beach Uniteds were done at 7d, Bd, and 9d, further sellers quoting at lOd. Crowns had sale at 13s 9d, with buyers left at 13s 6d, sellers 14s. There were buyers of Woodstocks at 7s, without sellers. In Coroman- '■■ del lines Bunker's Hills changed hands at Bd, with further buyers at same price, sellers lOd. In Barrier lines Barrier Reefs were sold at 13s and 13s 6d, with further buyers at 13s, sellers 13s 6d. WAIHI CONSOLIDATED G.M. CO. At an extraordinary general meeting of shareholders in the Waihi Consolidated Gold » Mining Company, held yesterday, Mr. L. D. Nathan presiding, a resolution was adopted on the motion of the chairman, seconded by Mr. C. Purchas, authorising the directors to dispose of the property of the company. Before the resolution was put Mr. F. H. Masfen said that, whilst not wishing to oppose it. he hoped the directors would bear in mind what he termed the abuse made of a similar legal resolution passed by shareholders in a recent company. There was no other business. THAMES TALISMAN G.M. CO. The Thames Talisman Gold Mining Company's low level has been advanced 90ft by the present contractors, total 190 ft. A Ift reef was passed through during the past week in a good channel of sandstone country. The quartz was of a kindly nature, carrying fair minerals, though no gold was seen. It is considered that the will repay being driven upon. DREDGING. ' The Melbourne office of the Sailors' Creek Gold Dredging Company wired yesterday as follows :—"Yield for nine days and three hours' run, 51oz 14dwt." THAMES HAURAKI. [BY TELEGRAPH. —OWN CORRESPONDENT.] Thames, Tuesday. Pumping operations are being continued with,' three shifts as usual in keeping the water down to the 668 ft level, the omy other work in progress being the cutting out of the chambers just above No. 9 level, for the side levels that will be required when the sinking of the shaft has reached the 1000 ft level, and the drawlifts put in. MAHARA ROYAL. [BY TELEGRAPH. —OWN CORRESPONDENT.] Thames, Tuesday. The operations at the low level have been continued during the past four weeks without any improvement being noticeable in the reef. It is now somewhat doubtful whether the reef will improve at this point, as the drive is fast approaching the surface on the side of the hill. During the month 120 tons of ore were treated for a return of 690z 12dwt of melted gold, valued at £204 9s. ECLIPSE (LIMITED). [BY TELEGRAPH.OWN CORRESPONDENT.] Thames, Tuesday. During the four weeks ending the 21st inst., the main drive has been extended a further distance of 30ft. Latterly a considerable quantity ot water has been flowing from the face, which is looked upon as an indication of another ore body being in close proximity, so that it is possible that new developments will shortly take place. The main reef is about 4ft thick, the quartz being of a very kindly nature, and showing a little free gold. It is intended to ease off the extension of the drive somewhat for a short time, in order to bring along the leading stope a further distance of, ISOft, so as to improve the ventilation in the drive. During the montl 130 tons of ore were treated for a yield of 112oz 9dwt of melted gold, valued at £321 17s 9d. DUNEDIN STOCK EXCHANGE. [BY TELEGRAPH.PRESS ASSOCIATION.] Dunedin, Tuesday. Stock Exchange sales:At premiums: Electric Extended, 31s, 30s 3d, 27s 6d, 275; Gentle Annie, 275; Gibbston, 3s 3d ; Grand Junction, Bs, 7s 9d, 7s 3d, 7s 4^d; Grey River Consolidated, 3s; tiokitika River, r>s 6d; Kawarau Bridge, 4s; Mosquito, par; Pactolus, 18s; Royal Maori, Is, Is 3d; Victory, 4s. Paid-up: Alpine Consols, 445; Arrow Junction, 28s 6d; Central Charlton, 18s ; Central Electric, 755, 765. 80s ; Dobson 11. 21s; Galvanic, 38s; Gold Queen 21s; Golden Bed, 28s; Grey River, 43s 9d, • 445, 44s 3d; Hartley and Riley, £6 18s, £6 17s 6d, £6 18s; Junction Electric, 29s 6d; Leviathan, 395; Magnetic, 32s 6d, 325; Meg and Annie, 7s 7d; Merrimac, 43s 9d, 44s 3d, 445; Molyneaux Hydraulic, 235; Richards' Beach, 20s 9d, 21s, 22s 6d, 22s 9d; Second Magnetic, 32s 6d, 335, 32s 6d; Brandy Jacks, 4s discount; Lady Chariton, 6d, discount.