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THE GOLDFIELDS.

AUCKLAND SHAREMARKET. There was no change in the tone of the market yesterday, a general dulness pje- . vailing. In investment lines Taupiri Coals - sold at 18s. In mining lines" Kuranuis , were done ,at 4d. Tairua Broken Jiills changed hands at 3s, sellers closing at 3s 2d, buyers at 2s lid. Crowns were looked for at 10s ; 3d, sellers firm: at lis. vVaihis were offered at £6 3s 6d, with buyers at .. £5 ■; 18s \ 6d. Waihi - Grand J unctions \a ad buyers at 32s 6d, sellers : asking 365. In other lines late prices ruled. MARATOTO G.M. CO. The country in the Maratoto Gold Mining Company's new crosscut has undergone a 1 complete change, and is now of a favourable • character for gold. , : ,MONOWAI G.M. CO. [BY TELEGRAPH. OWN CORRESPONDENT.] „ , : Thames, Friday. An accident occurred on the Monowai Gold Mining Company's tramway one day last week, whereby the wire rope was broken and several trucks were wrecked. - This caused a cessation in the supply of ore for several days at the battery, and a stoppage in tibe crushing operations, but the neces- " sary repairs have now been effected, and the battery is in full swing again. Ope- • rations in the mine are being pushed forward with considerable vigour, and good ; headway is -being made with the opening up of the now No. 4 level. The reef at No. 3 level maintains an average thickness of 33ft, and the whole of the ore is saved for treatment. '- _ • ! WAIHI GRAND JUNCTION G.M. CO. [BT TELEGRAPH.OWN . CORRESPONDENT.] ...... •' Waihi, Friday. In the Waihi Grand Junction mine the lode at the 500 ft level is holding its course - well, at both the east and west ends. The water has been again reduced, and the pump has been working half a ; stroke less since Thursday. than previously. Work in the Waihi West section is proceeding as expeditiously. as possible; , r WAIHI GLADSTONE G.M. CO. ;; • [BY telegraph. OWN CORRESPONDENT.] \ Waihi, Friday. In the Waihi Gladstone mine a quantity of surface water got into the shaft in consequence of a downpour of rain yesterday, but work was only slightly impeded. RISING SUN G.M. CO. [BY TELEGRAPH. OWN CORRESPONDENT.] , Waihi, Friday. ' : The footwall reef in the Rising Sun mine, at Owharea, has been driven on for 150 ft, - and is carrying gold all the way. A pros- ; • pecting ' winze was started recently, from " which quartz, showing free gold, was taken out on Thursday. >

PAEROA WARDEN'S COURT. [BY 1 TELEGRAPH. —OWN CORRESPONDENT.] r* ■ ' Paeroa, F-iday. At the Warden's Court this afternoon an application was made by Mr. E. G. B. Moss, on behalf of Mr. Seering H. Matthews, of Auckland, - for six months' protection for the Pendice special claim. The application, was granted. •'

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19020125.2.57

Bibliographic details

New Zealand Herald, Volume XXXIX, Issue 11872, 25 January 1902, Page 6

Word Count
453

THE GOLDFIELDS. New Zealand Herald, Volume XXXIX, Issue 11872, 25 January 1902, Page 6

THE GOLDFIELDS. New Zealand Herald, Volume XXXIX, Issue 11872, 25 January 1902, Page 6