MINING NEWS.

Timaru Herald, Volume XIIC, Issue 13918, 1 June 1909, Page 6

MINING NEWS.

THE EMPIRE LODE. Per Iress Association. i | WAIHI, May 31. Latest news from the Grand Junction mine shops the Empire lode at No. 5 level t(i have heen cut through, i'or a distancelof over 60 feet with, no appearance of the footwall. The face at that point gave an average value of £5 2s (kl. The appearance of the looV since indicated! that hetter values will be obtained. 4UCKLAND, May 31. During May!the gold returns from the mines of the Auckland district reached a total, value of £100,374 3s lid. This is i considerable decrease upon the April; yield of £1.77,066 lis lid, and is als» a decrease upon the corresponding Donth of last year (£174,997), but; in these two months there were twej Waihi returns. The past month's returns are made up as follows:—Ohineuuri £98,212 10s sd, 8s 6d. The Wiihi Gold Mining Company lias declared a quarterly dividend of 4s per ihare, together with a bonus for the past year of 2s per share. This represents a payment to 1874 colonial shareholders on the New Zealand register of £4136.

DUNEDIN, May 31. Stock Exchange Sales:—Wailn Extended, 6s Bd, 6s 7d; Waihi Grand Junction £2 5s 3d, £2 ss. The sale is reported of "Wailii at £9 ss. Stock Exchange quotations: —Blackwater (contrib.), buyers 2s 3d ; Chicago, buvers ss; Enterprise, buyers 2s; Hartley and Eilev, liuyers £l, sellers £1 ss; Manuhenkia; sellers 13s; Muddy >:reck. buvers £1 10s; Mystery Flat, buvers £1 3s 3d, sellers £1 8s 6d; Rise anil Shine, sellers £1 14s 6d; Sailors Bend, sellers 12s; Tasinanian Copper, buyers ss, sellers 5s 6d; Talisman Consolidated, buvers ,£2 9s 9d, sellers £2 10s 6d: Waihi, buvers £9 6s, sellers £9 7s 6d? Waihii Extended, buyers 6s 6d, sellers 6s 7d; Waihi Grand Junction, buyers £2 4s 9d, sellers £2 os 6d; Consolidated Goldfields, sellers 18s 6d.