THE AUCKLAND BOOM.

Otago Witness, Issue 2167, 5 September 1895, Page 15

THE AUCKLAND BOOM.

Auckland, August 27.

The boom in mining matfcsrs is increasing in magnitude, and new companies are being floated daily. Tauranga residents think Kaimai and Tepuke ahoul i be included in the extended boundaries of the goldmining area. A large airount of business was transacted on the Stock Exchange to-day in mining shares, values Joeing generally well maintained. Karangahake stock showed a little change. Kuaotunu shares continue Ik demand. Coroniandel stocks are coming into favour. Quotations of principal mines :— Alburnia, sales 6s 9d, sellers 7s ; Hazelbank, 7s 9d. buyers 7s Bd, sellers 7s lOd ; May Queen, buyers Us 6d, sellers 128; Moanataiari, sellers lls 3d ; Norfolk, 4s ' Id, sellers 4s 3d; Victoria, 2s 9d, buyers 2s Bd, sellers 2» lOd; Waibtahi. buyers 22s 6d; Crown, sellers 445 ; .Waihi • Silverton, 56?, sellers 57b; Woodstock, sellers 375; Waitekauri, sellera, 76a; Portsea, sellers Is lOd; Welcome Find 2s Sd to 2s lOd, buyers 2n Bd, sellers 2s lOd ; Grace Darling, sales 3s fid ; TalismaD, 14s 6d to 14s 9d, buyera J4s 3d, sellers 14s 6d ; Owharoa, buyers 5a 9d, sellers 6s ; Alpha, sellers 8s ; Victor 5s Bd, sellers 6s ; Waitekauri No. 4, 2s lid to 3s, buyers 2s lOd, sellers 3s 2d ; Huanui, 3s 2d, buyers 3i. sellers 3s 2d ; Kapai- Vermont, 9s 6d, buyers 9s 3d, sellers 9s 9d : Try Fluke, 13s to 13* 3d, buyers 13s 3d, sellers 13s W ; Bunker's Hill, 5s Sd, 4s 9d,

ss, buyers 4s Bd, sellers 4s lOd ; New Winds Waihi South 2s 8d to 3s, eelleis Sa Waitekauri South, 1« 3Jd. sellers Is 2<l ; Golden Fleece, Is 51 to Is 6d. sollers Is sd : Waitekauri No. 2, Is to Is 3d, sellers Is 2d.

Arrangements are csmpleted for tbe definite sale of the Waihi South mine in London. The Waihi Silverton reef, life wide, averages an assay value of £0 10 a per ton.

August 29.

Following are the quotations of the leading mines in the Auckland share market:— Albumin, sales 5s lid, bmers 6s, sellers 6s 6d ; Hazelbank buyers 6s 6*a, seller.* 7s (Jd ; May Queen lls, buyers 10< 6d, sellers 11b 3d ; Norfolk 4s 3d to U )od, buyers 4s 10 1, sellers 5j ; Waihi Silverton 54", buyir* KJi (id ; Crown, sellers 435 ; VVoodetnck, buyers 355, sellers 36s 6d ; Waitekauri, «ell«r« 7b* ; Grace Darling sellers 3s 4d ; Owharoa 5s 101 to 6s, buyers 5s 9d, sellers 6s ; Alpha 7s 10J, sellers 7s 10a ; Talisman Extended 2* 4d to 2s 6d, buyers 2* 6d, sellers 2a 7d ; Kapai- Vermont 9s to 0i 3d; sellers 9a 4d ; Try Fluke 12s 9d, sellers 13s ; Wait»i», sellers Ss 6d ; Welcome Kind sales 3« to 3h 3d, buyers 3s Id, sellers 3s 3d ; Bunker's Hill 5$ to 6>, buyers 6s !Kl, sellera 6i ; Moanataiari, lls ; "Wai hi South 2s 9d to 3s, buyers 2s Bd, sollers 4s ; City of Dunedin 2d fid to 2s Gd, buyers 2s sd, spUts 2< 7d ; Victoria 2a 6d, sellers 2s 6d. the Kipanganc iue'surusninK for the past month resulted iv a return of 2S6oz gold, valued at £800.

August 30.'

There is a good deal of excitement m town owing to wbat appears to be the f .mous Martha lode of the Waihi mine being discovered fully two miles away from that property. The reef is reported to be 40ft wide. The assay shows it to be worth JEIS per ton.' Fegjing out is proceeding briftkly. The discovery is conridered most impottant, 08 opening up a larg«i area of country. 'The Martha lode ia No. 21tvel was cut into a dwtancc of 4ft. One assay from the mine rliows th« ere to be of uitber a low grade on that side of the lode, but there ia certain to be a decided improvement in this respect as the lode ia further penetrated. During tic four weeks ending the 2Uh mat., 2700 tonn of ore wtre treated bt tlio Waihi Gold MiDing Ompanv, yieWinp iI051!) worth of hullion. Owing t<> the hoavy frosts at Waihi dnrisg the graatcr portion of the month percolatioa in the vats was eoaeiderably retailed. Consequently a smal'.er quantity of ore than usual was trr ated.

August 31.

BuMiwa showed an improvement at the midday meetiot; of the BroVere' Association, sales being rup irtVil in 26 Afferent mining share?. Alburbias advsi' ced to 7s, with furtlicr buyei-s at that figure. ll»y Queens wore a'so firmer. Hazelbauk", on the other hand, sold at an «.t*ier rat«. Waihi-*-ilveTton sbarea changed hands at 54b M, with further buyers. Waihi South sold at 2« Bd, with oth«r sellers Id lower. Waverl y United, Imperial, and New Shotover vr«re all firmer in price, whil« Talisman Extended agdn sold at 2s 8d Waitekauri stocks were popular to - day, sale* at good price j being reported. Kuaotuivn shares were not in much request, though sale 3of KapaiVermont took place at 9s 3d. Cormnaodal Rnaren MJi»m to bo growing in favour. Welcome Find -old at 3s Id, Bunker's Hill from 5s lOd to Cb 3d, and Harbour View at le 4d. The Waihi Company have declared another dividend of 2s per snare. The Woodstoc.lt Unted have banked £885 worth of gold from 244 tons.