MINING.

Gisborne Times, Volume XXVIII, Issue 2745, 25 February 1910, Page 2

MINING.

AUCKLAND STOCK EXCHANGE

[Special to “Times.”] , AUCKLAND, Feb. 24

On tlie Exchange to-day there 'were sales of Waihi at £lO 10s 6cl, Junction 33s to 32s 9d, Talisman 52s ,t0.52s 3d, Crown -Is lid to ss, Broken Hills lOd, Caledonian Is 6d, Sylvia 4s to 4s 2d, Old Aubumia (paid) Is 6d, Consolidated Goldfields '22s 3d to 225, and Did Hauraki 4s 6d to 4s 9d to 4s 7d. The closing iprices were : AYaihi—Sellers £lO 2s, buyers £lO 0s Od.

Junction—33s to 32s 9d. Extended—3s 6d and 3s od. Talisman —52s Gd and 525. Crown —5s and 4s lid. Broken Hills—is id and Is. Golden Hills—4s 3d and 3s 9d. Dixons—sd and 3d. Caledonian —Is 7d and Is sd. Hay Queen —4s 5d and 4s 4d. Sylvia—4s 3d and 4s 2d. Old Alburnia-—ls Gd and 1$ 2d. Do (paid) —Is 9d and Is od. Saxon —Is 9d and Is 7d. AYaiotahi—4s 7d and 4s 4d. AYatehman —Is Sd and Is Gd. Consolidated Goldfields—22s 3d and 225.

Old Hauraki—4s 8d and 4s 7d. Koval Oak—ls 2d and Is. Bendigo—sd and 4-kl. Handsworth—9d and 7d. New AVaitaia—74d and 64d. THE NEW ALPINE MINE. [Special to “Times.”] GEEYMOUTH, Feb. 24. The New Alpine mine manager’s report for the week ending 22nd February, 1910, is as follows: —“The cross cut in No. 7 level was extended 17ft, making a total footage south of 107 ft. The ground, though hard, is very nicelooking country, principally slate, and intermixed with small quartz seams. There, is every indication of the proximity of a reef.”

AYAIHI AIINES

The success of mining in the Waihi district has encouraged several syndicates to secure options over about

acres in close proximity to' the AYaihi Grand Junction, and New Waihi East properties, and two well-known Auckland gontlmcn, Mr 4. AY. AA’alker and the Hon. Seymour Thorne George, 101 l for London by the Malwa on AYednosday last for the purpose of securing the necessary capital to work the various reefs already discovered by prospecting. Air AA’alker offered to place the New AA'aihi property before investors in London for the purpose of increasing the capital of this company, but the New Zealand and Australian shareholders have decided not to solicit outside capital until the reefs have been thoroughly opened up. and their real value proved. T,<o latter property is chiefly owned by Gisborne and Napier investors.