MINING NEWS.

Thames Advertiser, Volume XXVII, Issue 8163, 1 July 1895, Page 3

MINING NEWS.

VICTORIA. The operations at the Tookoy's section are being attended with a fair amount of success. Kieing on tho No. 1 roof at the No. 1 level is being pushed on, and at every of tho reef, which is fully 2 feet 6 inches in thickness, strong gold is freely visible. It is tho intention to start sloping oast and west from the rise. The block of ground on this lode is quite intacf, and there is every probability of a good payable section of reef being opened up in this locality.

NEW ALBUBNIA. Excellent progress "is being made with the continued sinking of the main engine shaft. The total depth so far attained is 92 feet, leaving a further depth of 40 feet to be sunk to get the shaft down the required deapth or to the Whan level. At this level, the blocks available are ample to keep the company profitably employed fora considerable time,

REVIEW OF THE WEEK. ! The poet week's businew on tho local 'Change has been somewhat quiet'eompered with the opening part of the month. The Auckland market is also easier. This u due to the flooding of the market with shares beinu issued bf new companies. Another cause is that a great amount of capiinl is locked up in promoted shares, wb'oh are held in abeyance to develop the different properties As a consequenceji is only natural that the investors' eppetite in this direction is fairly well satisfied. Locally Moanatairis have been in good demand, having advaneed from 4s 64 to 5s 7d; improved prospects at the 160 ft level, end the probable .'ale of the property ie the fhicf cause of the enquiry. May Queens are considerably ca-i- r; buyers offer 8s 6J, sellers at 9s ; the Dunn negotiations having io much mystery, and there I.eing nothing to enlighten anxioue share* holders, is the principalcawe ol the decline. New Whqus and Albunies remain at about ihe fame price; for the farmer buyer? Offer 1«, sellers Is 6d (call paid); the latter stoeks are firm at 4s. Hsselbmks, buyers 3s od. The principal demand on the Auckland ebaremarket has been in Coromandel stocks. Although much easier, the general I tono of the market is pood. Zealandiai j have been in moat demand, and hid a fharp lise from,2a 2d to 2s 7d. They receded again, and the cloning quotation!were buyers i* 30, sellers 2s 6d. Hanraki No. 2 also advanced lo h 9d after falling from 3a to Is 5.d, Bunker's Hill bav* changed ha'da freely, the excellent position of the property being the ohi. f nttra' , - tion ; sales 4) 6d. There was a mffeable improvement in Kipai-Vermont, standing at 4j tbey advanced to 4s 7<*, There will ho a Mill farther rise in these stocks. Try Flukes aie easier, prices ranging from 7a 6d to 7a'B J. W«iiaias were in brisk demand, sales tanging from la 2d to h 6J. Upper Thames stocks: Crown?, snle- - 30.<. Talismaus improved a little, rales taking place at Us 3d, buyers 11?, sellers Us 6d. Silverton' are unsteady; sales 149 6d. Woodwork remain at qu.itations. It is expected that Ihe return for the month from the Hauraki at Coromandel will quite exceed any previous yield from the mine. If each should be the case renewed activity is bound lo be the result.

SHAEEMARKBT,

Saturday, 7 p.m. The following arc the latest quotations :— Sales— Hay Queen-7s 9d. Bs, 8s 3d, 8s Moauatairi —5s 9d • Zealandia-2s 10d Buyers— May Queen-8s Moanatairi—ss9d Sellers— Hazelbank-4s 2d Moanatairi—Gs.3d Orlando- 10d Broken Hill —3d New Whau—}s -Id Ifew Bonanza—2s Od Occidental—7d Boyal—sd Sheridan-10d Talisman-Us Gd Zealandia—3s Golden Treasure—lod Puriri—sJd Memberß:—.MessrsW.S.Sfyak(ohairmati}, J, Frater, L. Melhosc, J. Wilson, and B. F. Tizard.

AUCKLAND S HAREM ARKET. Auckland, June 29. The following quotations were issued by the Brokers' Association, nt noon :-» Sales— Alburnia 3s 9d' Hnzelbank • 4s May Queen—Bs Gd Moanalairi—ss 9d Grace Darling—ls Gd Talisman—lCs i)d . Wealth of Nations-Is 3,d Kapai-Vermont—is B<J Waitaia—ls Id Golden Hill-Is 5d Hanraki South—ls Haurnki Extended—7jd Zcalsndia—2s 8d ■ Harbour View—ls 2d Bunker's HilUis ?d BUVEBB- - 6d May Queen—Bs> 3d •' Moanatairi-ss7d NewWhau—ls2d Monowair-2s fid Crowu—27s 6d ,Si!vorton-13s 3d Grace Darling—ls 7d Talisman—los (id United 9d Wealth of Nations-Is Id Try Fluke—7s 3d Venus—ls lid AYairaia—ls 3d Golden Hill-Is 3d Ilauraki-lOs fid HaurakiNo 2—ls 7tl Hauraki Extended—GUl Welcome Find—2s 9d" Zcalnniia—2s 7d Harbour View—ls Id Bunker's Hill—ls lid Southern Cross—lid Sellers-Cambria-Is OJ Norfolk—ls 5d Victoria—ls City of Dunedin—ls 7d Sheridan—9d Eoyal-r-5d Occidental-Hid Waihi £8 " ' * Woodstock-21s 3d Wavcrlcy—9d Now Bonanza—2s 8d Marmion—rod Golden Treasure—lOd Alpha—ls Imperial—ls Ivanhoc—ls 2d Victor—3s Red Gaimtlol—sd Puriri—sd WaitekauriNo.l-ls3d Woodstock North—6d Kapai-Vermont—4s Gd Golden Hill Extended^