MINING.

Otago Daily Times, Issue 15706, 7 March 1913, Page 6

MINING.

The secretary of the Mastexton Company reports a return of lloz lldwt for 110 hours' work. '

The master of tlie Golden Bed dredgo reports that ho has put in a number of new buckets and lengthened tho elevator to enable the dredge to work the deep ground. Operations were resumed yesterday. A wash-up on tho Waikaia dredge yesterday produced a return of Boz for 132 hours' work.

On the Sandy Point dredge repairs were being effected to the screen, tho main tumbler, and the silt tumbler from Monday until Thursday, when operations were resumed at 7 o'clock.

A Press Association telegram from Auckland states that Airing the pad; month the New Sylvia. Gold Mining Company treated 840 tons of' ore for a return of bullion valued! at £932. Concentrates yielded £175, making a total of £1107.

DUNEDIN STOCK EXCHANGE.

Investment stocks were again active on 'Change yesterday, and a fairly largo number of sales were recorded and reported. A parcel of Union Steams changcd hands at ±12 9s, and sales were reported at £2 8s 9d and £2 9s. The market closed slightly firmer tha/i on the previous day, with buyers at £2 83 9d and sellers asking 3(1 more. There was reported business in Bank of New Zealands at £11 6s, but prices were not quoted on 'Change. National Insurances were in demand at £2 ss, without sellers. A Bale was reported at £2 5s 9d. Mining and dredging stocks continued quiet, only one 6ale being reported. Waihis were quoted at £1 12s and £1 12s 6d, buyer and seller respectively. There was a reported sale at £1 12s 3d. Sales:—Union Steam, £2 9s. Sales reported:—Union Steam, £2 8s 9d, £2 9s; Bank of New Zealand, £11 6s; Waihi, £1 12s 3d; National Insurance Co., £2 5s 9d. Tho following are yesterday's latest quotations, subject to the usual brokerage:— Dredging Stocks. . Blackwater—Buyers Is, sellers 5s 9d. Electric—Sellers 56 9d. Golden Bed—Buyers 7s. Hartley and Riley—Sellers 10s. Masterton—Sellers 7s. Manuherikia— Sellers 7s. Pactolus—Buyers 3s 6d. Rise' and Shine—Sellers £1 10s 3d. Rising Sun—Sellers £1 10s. Sailor's Bend—Sellers ss. .. , Muddy Terrace—Sellers 16s. Mining Stocks. Roxburgh Amalgamated—Sellers 3s. Ross Goldlields—Sellers 6s 3d. Nokomai Hydraulic—Buyers £1 Is, Consolidated Goldlields—Sellers 14s 3d. Ivuranui Caledonian—Sellers Is. May Queen—Buyers 2d, sellers 6d. New Sylvia—Buyers 9d, sellers Is. Old Hauraki—Buyers 2d, sellers 7d. Occidental—Sellers Is. 1 Tasmanian Copper—Buyers £1 16s, sellers £1 17s. Waihi—Buyers £112s, sellers £1 12s 6d.

Wathi Grand Junction—Buyers £1 0s 6d, sellers £1 Is 4d.

Investment Stocks. National Bonk—Sellers £6. National Insurance —Buyers £2 ss. U.S.S. Co.—Buyers £2 8s 9d, sellers £2 9s. Westport Coal Co.—Sellers £1 7s 9d. New Zealand' Coal and Oil—Sellers 5s Id. Perpetual Trustees Co—Sellers £1 5s 6d. Dominion Rubbor—Sellers 6s (premium). Empire Buildings—Sellers £1 ?s. D.I.C. (prof.)— Sellers £1 35., D.I.C. (ord.)—Buyers 6s. Milburn Lime and Cement (£l)—Buyers £1 18s, sellers £2 Os 9d.

Milburn Lime and Cement (10s) —Sellers £1 lis. Mosgiel Woollen' Factory—Buyers £3 10s. New Zealand Drug Co. (£2)— Sellers £210s. New Zealand Portland Cement—Sellers 18s 3d.

M'Leod's Soap—Sellers £15 2s 6d. Wright, Stephenson, and Co.—Buyers £5 ,2s 6d.

AUCKLAND STOCK EXCHANGE. (Pee United Press Association.) AUCKLAND, March 6. The following business was transacted at tho 3.15 pin. oall to-day:—New Sylvia, xOd; Hauniki Reefs, 4jd; Waihi, £1 12s 3d; W-aihi Grand Junction. £1 la; Auckland Trams (ord.), £1 ss; Wilson's Cement (ord.), £1 &. WELLINGTON STOCK .EXCHANGE. (Pbb United Pribs Associatiom.) WELLINGTON, March 6. The following Bales were roportod on 'Change today:—Union Steam, £2 8s 9d; Taupiri Ccal, £l 3s; Waihi Grand Junction, £1 Is. , CANTERBURY STOCK EXCHANGE. (Per Onitf.d PnEss Association.) CHRISTCHURCH, Mardb 6. Sales were reported at Christchurch today of National Mortgage sliares at £3 18s and Now Zealand Farm era at £2 6a.

CONSOLIDATED MINES. (Feou Odb Own CoBBEsroxDENT.) . GItEYMOUTH, March 6. TJm following are the crushing returns of Consolidated Goldfields group °f properties (the Progress, Wealth ot Nations, and Blackwater mines) for the month of February, 1913 Progress niines crushed 2500 tone, yielding 418oz lOdwt of bullion, valued at £1710 l'2s 4d; cyanided 1880 ton 6, yielding 2550z 7dwt of bullion, valued at £696 lis 8d; estimated value of sulplmrets produced, £283. Wealth of Nations mine crushed 1585 tons, yielding 3390z 13dwt of bullion, valued at £1402 9s 6d; cyanided 983 _ tone, yielding 1940z lMwt of bullion, valued at £650 12s 6d; estimated value of sulphurete produced, £74. Blackwater mines crushed 3339 tons, yielding 15410z 19dwt of bullion, valued at £6276 19s' lOd; cyanided 1755 tons, yielding 151oz lOdwt of bullion, valued at £433 13s 4d; estimated value of sulphurets produced, £298.