Latest Mining News.

Waihi Daily Telegraph, Volume V, Issue 1217, 7 January 1905, Page 3

Latest Mining News.

WAIHI CONSOLS G.M, CO.

BORING OPERATIONS

SATISFACTORY PROGRESS OF THE

BORE The contract for boring to n depth Oj 1250 feot, let to tho Diamond Drilling Com. pany in tbo early part of last year, has not been by any means satisfactory to tbe contracting company. During tho operations for the greater part of the timo a good deal of trouble, loss of time and expense, was experienced, owing to .the unfavourable naturo of the country being peqetrated by tho drill, oansing tho sides of the bare hole to cava in at frequent intervals. In consequence of thoso drawbacks tho. borers wero forood for a time to suspend operations. Sinco the work was resumed, however, the conditions have muoli improved, and at the present rate of progress tho bore hole should bo completed within a reasonable time. The drill up-to-dato has penetrated io a dopth of rather over 750 feet. Wo under stand from the manager that tbe drill is working smoothly, and penetrating the. country at a very satisfactory speed.

WAIHI SOUTH G.M, CO.

A FRESH START

A contract tor boring to a depth of 1000 feet has just been ht to the Diamond jurill Company by tbe Waihi South G. M. Co. Part of the machinery is already on the ground, and it is expected that the work of boring will be commenced within the next week or ten days, The locality fixed for putting the bore down is about four and a half chains almost immediately behind the company's shaft, and in the vioinity of the upper end of Kenny-street,

AUCKLAND SHAMAHST.

Thb ten o'clock call was as follows: Saies: Eclipse Is 4d; May Queen, Is, Is Id; Saxons, llid. Prides, sellers Is 3d, buyers Is Id; Talismans, acllers 12s, buyers lis 7d, sales lis 9d; Waihi, sellors i' 6 12s, buyors £6 8s 6d, sales I'G 10s; Extended, sellers 7s 9d, buyers 7s 3J, sales,7s 6d; Consolidated, sellers 2s 3d, buyers, Is9d; Beach, sellers 7Jd, buyers 6d; Consols, sellers 6d; Waitekauri, sellers 3s, buyerr, 2s 9d; Moantaiari, sellers 8s sd, buyers 3s 4d, sales 3s 'id. To-dav's Noon Call:

Mr. B. G. Maoky, sharcbrokei 1 , report the Anclilptpd Stock Exchange quotation at'noon to-day as fellows : SALES Queen Extended, lOd Eclipse, Is 4(1, 1b 3d May Queen, Is, Is Id Moanotaiari, 3i 4d, 3s 2d Shxoii, ll^d Waioiahi, £11,116 15s Talisman, lis 9d, lis 7d Waihi, £6loi Extended, 7s 6d • Waiiekauri, 2? 9d SKLLKRS Caledonian, 2s 3d Queen Extended, Is Eclipse, ls4d May Queen, 1s Id Moanaiaiari, 3j 2d Alburnia, Is 6d Victoria, Is Waiotahi, A'lG 15s Coronation, 101 Crown, paid, Is 2d Golden Belt, paid, 3s Id Komata, 2i 3d Pride, la 3d Talisman, lis 9d Waihi, 1612s Beach, 7d Consolidated. 2s 3d Extended, 7s 9d Grand Junction, 80s Waitekauri, 3s Bunkers, Is lOd Freehold, sjd HIW.JI.Caledonian, 2s Qnoen Extended, 9td Eclipse, Is 2d May Queen, Is Moanataivi, 3s Id Alburnia, Is 3d Victoria, lOd Coronation, 9d Crown, paid la Goldon Belt, 2s lid Komata, Is lid l'ride, Is 2d Talisman, lis 7d Waihi, £6 8s 6d Beach, 6d Consolidated, la 9d Extended, 7s 3d Junctions, 76s 6d Waitekauri, 2s 8d Bunkers, Is ad Freehold, 5d Hauraki, cont, Bjd