THE GOLDFIELDS.

New Zealand Herald, Volume XXXIX, Issue 12027, 25 July 1902, Page 6

THE GOLDFIELDS.

AUCKLAND SHAREMARKET. The market was quiet yesterday. In investment lines there was fair demand for stocks, but no business resulted: In mining lines Tairua Broken Hills were firmer, selling at 7s 6d, and late buyers offering Bs, with sellers at 8s 4d. Waibi < Extendeds were done at Is 5d and Is 4d. Waihis continued to harden, buyers offering £5 10s and sellers advancing to £5 16s 6d. For Waitekauris Is lOd was offered, sellers 2s 4d. In other lines late prices ruled.

TAIRUA BROKEN HILLS G.M. CO. The manager of the Tairua Broken Hills Gold Mining Company (Mr. H. H. Adams) reports:—During the period ending July 20 the low level upon the reef has been extended a further distance of 40ft, and the reef has improved in value, the ore coming to grass from this drive is the richest I have seen in the mine. Crashing operations are proceeding very satisfactorily. TAIRUA SPECIAL CLAIM. A syndicate was formed yesterday of 20 members to work the Tairua special claim, originally the Golden Point and Golden Hill claims, and situated next to the Tairua Broken Hills mine. The ground has been taken up some' six months, bub has been protected. Recently two men engaged to prospect the ground found a reef from 2£ft to 3ft in width, showing good prospects, and they are now driving at a low level to cut it, whilst a third man is doing surfaceprospecting. The sum of £200 has been placed to the credit of the. syndicate. The committee of management consists of Messrs. C. E. Button, T. T. Masefield, W. S. Whitley, Win. Bailey, and T. A. Asliton. Mr. A. L. White has been appointed temporary secretary. -

ROYAL OAK OF HAURAKI G.M. CO. [BY TELEGRAPH.—OWN CORRESPONDENT.] CoROirAXDEL, Thursday. The Royal Oak of Hauraki Gold Mining Company have crushed 160 tons of general ore for/a return -of 183oz Bdwt of melted valued at £464 12s 3d. ''

Mr. Woolmer, the new manager, is expected to arrive from England next month, when it is understood he is going in extensively for new development works.

PAEROA WARDEN'S COURT.

[BY TELEGRAPH. —OWN CORRESPONDENT.] Paehoa, Thursday. At the usual sitting of the Warden's Court to-day, the following applications were granted by Mr. R. S. Bush, Warden: Margaret Fenley, residence site, section 60, block 1, Mackaytown ; Edward Kersey Cooper, permission to cut three kauri trees at Waitekauri ; Komata Bonanza, permission to work the Komata Bonanza special claim with two men for six months; Hikutaia Gold Syndicate, permission to work Payrock Consolidated special claim with six men for six months.

■• : SOUTHERN MINING. [BY TELEGRAPH. —PRESS ASSOCIATION.] Grkyjiouth, Thursday. Dredging returns: Mokoia, 290z 6dwt for 126 hours; Cornwall, 19oz for 122 hours ; Rockland's Beach, 16oz lOdwt for a week Victory, 9oz lldwfc for 127 hours; Grey River Extended, 9oz for 90 hours ; Trafalgar, Boz 4dwt, opening up. , Dunedin, Thursday. Dunedin Exchange sales : Alexandra Extended. 12s 6d, 12s 3d, 12s ; Bendigo, 9s 9d ; First Chance, 255, 22s 6d, 22s 3d, 22s ; Gibbston, 2s 6d -, Golden River, 4s ; Junction Electric, 14s 6d; Monte Christo, 17s 6d ; Unity, 14s, 14s 6d, 15s, 14s 9d. .