OUR GOLDFIELDS.

Thames Star, Volume XXVI, Issue 8058, 1 June 1895, Page 2

OUR GOLDFIELDS.

(By Our Special Reporter.)

REVIEW OF THE WEEK,

During the week the local market has been very quiet. Although May Queen responsible for a highly remunerative return, with good hauls of picked stone, still the shares failed to advance. Very weak business was done from 9s 6<J, 9s 9d, lO?, and 10s 3d, the market closing with buyers at 9s 6d. Other local stocks are quiet. Bazelbanks have been sold at 2s lOd, buyers 2s 9d ; Monntaiii, sellers4s 6J, with but very little busines*. There is no buyers of Cambria at lOd. Norfolk advanced from It 2d to 2s ; City of Dunedin from lid to Is Bd. Up.country stocks have advanced rapidly. SiNertons sold as high as Ids 6d. Enquiry for shares at home was the cause for the quick rise. Excel lent progress is being made with the,, various works in connection with the mine," and will in a short time cause a still farther rise. Golden Cross have been sold at 475. Alphas have uM Mh>'gh a* 3* 9J, Talismans 7", 7s 3d, and sold as bigb as 7s 9d; sellers 8?. They have again declined to 7s 6d. New Bonanzas stand at Is 9d. There is a probability of the amalgamation with the Talisman coming off. If so these

shares will see a further advance. Wealth

of Nations advanced from 6d to Bd, 9d, 10J, and Is; sellers lid, buyers lOd. Golden Treasure also advanced fr >m 6d to lOd. The poor return from 'he Mouowai caused these shares to decline to sellers 4s, no buyer?. Waiomo stocks are dead. The

same remark applies to the Tapu mines,

Whans have changed hands freely at B^d, 9d, and lOd ; business done, 10|d ; buyers lOd. Driving eastward on the reef will

very likely cause an advanre on these

shares, as there is a splendid chance of success attending the company's works iv t'ais direction. HAZELB^RK. The rise being put up in the foot wall of the No. 3 is still passing through quartz, but so far no gold has been seen. It is the intention to start another prospecting level in the same locality. It will therefore be seen that works are to be energetically continued.

INTICTA (Kuaotunu). Messrs H. Peebles and R. Ingles have opened-up a new section of the mine and have obtained really good results from a new reef. A parcel of 4 tons of ore and 51bs of picked stone has just been treated at Richards' battery, for a return of 119ozs 7dwts retorted gold ; the general stuff yielded 28ozi per ton, and the picked stone l^oz per lb. A parcel of 3 tons of general crashing tnaterial and 40lba of pu-ked stone was ateo treated about five weeks ago for a yield of 84ozs of gold:

640z8 from the selected stone, and 20oz* from 3 tons of general stuff. (By Telegeaph,—Own Coebespondent.) Auckland, This day. KUAOTUNU MINING. The mine managers' reports are as follows: — Tnr Fluke.—Battery : 141ozs lOdwts ; cyanide: 141ozs lOdwls; total 2830zs melted god. I Kapai-Vermont.—Melted 2820zs from 194 tons, being a partial clean up.