LATEST MINING NEWS

Waihi Daily Telegraph, Volume VII, Issue 2051, 24 September 1907, Page 3

LATEST MINING NEWS

THE VICTORIA Speoial to Daily Telegraph. Auckland, this day. Fohtt pound? of pioked Btone wore aelnotod to-day, 301bs coming ftom tho drivo and lOlba from the stopo, WAIHI EXTENDED The manager (ays that tho No 4 level has been extendod a further 13ft, and holed to the croasout put out from the footwall. He also says that the st ue cut ia the ctossout is identical with tho main section of vein, which has beep pinehod in its north pitch. The drift is now going forward on ibo hanglngwall branch, whioh tho management Dxpoots to show further strength bb the various smaller seolionß of vein join wiih tho present hangingwall portion. Il is pleasing to find that tho niQiiigor is BatisQed thut tho area h« hi>B reoontly been exploiting is a continuation of tho rosin eeotion Anct that on improvrtneut should be in evidence as tho woi'k advanoos, MAY QUEEN The ore showing in tho lode in ihe St, Hippo f fction is of a favourable dais for gol l, and It is possible tbat something cf an enriched character will bo enoountered as tho work of cxploiUtion procoeds, VICTORIA (THAMES) Very encouraging losults oonlinuo to Btiend the work of opening up the hanging wall loader at No, 1 level, The drive upon the vein is forward from the orossout a distance o! 40 feet, and at pioked Btono is biiog mot v/ilh the proipeots of oponiflg a strotoh of payablo leader la o! a promising ohsracter, TALISMAN CONSOLIDATED LTD, The declaration of the 10th dividend of Is per sorip share has beon deoiarod by the dirootori of ilis company, payable ni the oompany'd office on tho 10th Ootob r, This will absorb £15,000 ana nisei fit toUl amount ol dividends paid to share holders sinoo' tho reconat-uotiou of the oompany to £150,000, That there are years of prosperity boforo the ooupnuy Is amply demonstrated by tbe oxtensivo oro iobo:vos which aro b#i«R ;icvelopetl at the difforeni lovoli in tb? mint,

AUCKLAND SHAREMARKET. To-Day's Noon Call Sptflial to D»ilj T«l»#r*?h. Auokiand, this day. Mr, Arthur. E. Greenaiado, sharebrokor reports the Auokland Stook E xobang quotations at noon to-day as folio ws I—9&LBS Magnet con 41 Yiotorin, 2s Una, 5d Sylvii, GJI Hanraki, 5d Goldon Oroai, 2Jd Waitokauri, Is 9d, Is 8d Woiotnhi, 0s Watobman, 7d, Hanriik', Is Od Talisman, 48s Waihi, £Bl4a Gil, X 8 18j Gd Ngatiawi, Is 3d

BUYERS Bonanza, paid 3d, oon 2d Haloyon, oon, 4d Kutanni, lid Caledonian Od Maguot, oon Did May Queen, lOd Qaicu Extended, 4d Moanatniri, 5Jd Monowai, 4Jd Cna, 4jd Saxon, 7d Sylvia, Gd Albumin, lid Southern Queon, l.\ 1 Tomplo Bar, oon od Thames, lid Vioturia, 2i Waiotuhi. 5a lOtl Wiii!siij;i,'2slld Watchman, 6H Ftoehold, 81 Hanraki, Is 4d Old Kapang»,2d, South Kapang<, 2Jd Champion, con 101 Crown, 8s 10d Belt, paid Is 7d Goldon Cross, 2.JJ Komato, Is Id Macrihnd, psid 2d Waitofjanri, Rising Sun, B}4 Tairna Di 101 TairuaTriumph,laid Is 7 J .i con li4d Talisman, 48i Waihi £Bl3a Od Beach, 7d ' Consolidated, It 8d Extendod, 5s 6d Junction, 88j Katangahako, 6d Tairuo, 2s Ngatlawa Is 3d