THE GOLDFIELDS.

New Zealand Herald, Volume XXXIX, Issue 12069, 12 September 1902, Page 6

THE GOLDFIELDS.

AUCKLAND SHAREMAR KET. The market was quiet yesterday. In. in-

vestment lines New Zealand Insurances sold at 78s, sellers closing at 78s 6d, buyers 77s 6d. In mining lines there were sales in Kuranuis at 6£d and 6d, and May Queen Extendeds at 5d and 4d. Tairua Broken Hills were done at 8s 6d. -with, more buyers at that price, sellers 8s 9d. Waihi Extended? changed hands at Is 6d. Waihis were held miner at £5 13s 6d. buyers offering £5 9s Cxi. Waitekauris had" buyers at 2s 9d, sellers 3s 6d. Woodstocks were looked for at 4s 3d. sellers 4s 9d (call paid). Busker's Hills had sale at 4s sd, 4s 6d, J and 4s 3d, dosing with sellers at 4s 4d, : buyers 4s 2d. In ©ther lines late prices ! ruled. KAURI FREEHOLD' COLD ESTATES, ; ■> y LIMITED. j The reef in the Maiden section of the ! Kauri Freehold Gold Estates' property, at ' Opitomii, is now 7ft wide in the No. 3 level. Half that width of the ore is of good payable quality, fit for sending to the mill. The lode is wet, and this is a favourable indication. The run of gold has been intersected sooner than was anticipated. - MANANU G.M. CO. RECONSTRUCTION PENDING. There ha-s been a meeting of the Mananu Gold Mining Company, in London, at which the reconstruction of the company was agreed to. On this being carried into eilect, there will be a limited amount of money found to further test the mine. In the meantime the battery is to be closed down, after a clean-up, whilst the necessary legal formalities in connection with the reconstruction scheme are being completed. WAITEKAURI G.M. CO. j There were rumours in town yesterday I to the effect that favourable developments : had occurred in the Waitekauri Gold Mining Company's mine. As a result shares in the company hardened on the Stock Exchange, buyers advancing from 2s 2d to 2s 9d, with sellers asking 5s 6d. No information has yet reached the local office I of the company as to the foundation for I the rumours mentioned. BIG BEETLE G.M. CO. In the Big Beetle- Gold Milling Company's mine, at Grant own, the rise from the low level has been holed through to the winze, and the new leader at the low level is being driven upon. Two tons of ore from here and from the winze are to be sent to the Thames School of Mines for treatment. AID TO PROSPECTING. [NT TELEGRAPH.— OWN CORRESPONDENT.] '~ . _ Paekoa, Thursday. At the County Council meeting "this afternoon, Messrs. T. Scahlon and Eyre, prospectors, of Karangahake, reported that they had driven 50ft, and had also done a good deal of surface prospecting, with the result that they had struck a small lodo, about Sin wide, giving a small prospect of fine gold. They therefore applied for the Council's subsidy of £4. The application was agreed to. It was also decided that details of the work done should bo forwarded to the Mines Department. COEOMANDEL WARDENS COURT. [BY TELEGRAPH.— CORRESPONDENT.] Cokojiandel, Thursday" The usual monthly sitting of the Warden's Court, was held yesterday before Mr. R. S. Bush, Warden, when the following cases were dealt with ; — > Granted:. Royal Oak ox Hauraki Gold Mining Company, exchange of title for two machine sites: W. J. G. Movie-, New Tandem special quartz claim ; Kap'ewai Gold Mining Company, protection for water-race and machine site, and permission to work the Kapowai special claim with four men for two months; New Four-in-Hand Gold Mining Company, permission to work the New Four-in-Hand special quartz claim with 10 men for six months ; Hauraki Freehold Gold | Mining Company, application for six months' further protection for the Pai Hauraki and Hauraki Freehold; Edward McMillan, permission to work the Irvine* special quartz j claim with two men for six months: Fred j Jeune, surrender of portion of La Belle Vue i special quartz claim. SOUTHERN MINING. [BY TELEGRAPH.PRESS ASSOCIATION*.] j Dcnxdiv, Thursday. j Dunedin Exchange sales: Alexandra Lead, I 18s 6d; Bendigo, 15s 9d; First Chance, ex div., 14s; Golden Beach, 2s 6d; Golden ■ River, 2s; Grand Junction, 12s: Meg and j Annie, 9s ; New Halfway House, Is 7£d; I New Golden Gravel, 255, 265; Old Dunstan, j ss, 5s 3d; Prince Arthur, 14s 6d; Rilev's | Beach, 24s 6d, 24s ; Rise and Shine, 26s 6d: i Sailors' Bend, 20.?. 21s. • Wellington. Thursday. | Welcome dredge return: 28oz 13dw't.