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CANTERBURY STOCK EXCHANGE.

The following are to-day's quotations of Stock Exchange of Canterbury:—Sales — Greenstone Creek, 235. Buyers —Erickson's Reward Bs. Saltwater Creek par, Trafalgar 3s, Victory 3s. Paid—First Chance 345, Greenstone Creek 22a 6d: Sellers—Earnscleugh No 3 2a fid,"-Golden Vein 6d, Grey Rjver Consolidated 4s, Grey River No. 2 4s, Grey River Extended Is 9d, Grey Monarch 2s 6d, Hokitika River 4s, Morven Perry 6d, Mosquito Is, New River is, Pactoh»s 17s" 9d, Reef ton United Is 3d, Saltwater Creek Is 3d, Trafalgar 4s Tucker's Flat 2s 6d, Vulcan 6d, Victory 4s, Watterspn's Coneols Is 6d, Welcome la- 6d discount, Waipuna Creek Is. Paid—Al 21s, Central Electric 795, Dobson No. 2 20s, Fourteenmile Beach 425, Golden Treasure 80->, Grey River 38s, Levinthan 40s, Molyneux Hydraulic Corapnny'a dredgo 30s, Reeves' Proprietary par. Par—Moonlight, Perry's Reward, Red jacks, Teremakau and Westland. The Paul's Beach Dredging Company purchased the dredge and cluim of the Sunlight -Dredging Company yesterday 'for J63OW). The Otoma Dredging Company washed ud after a trial run of the machnery 'for forlyeipht hours, obtaining six ounces. The boring of the Lake Manin»pua Golden Gravels claim was very successful, bottom .being found at a depth elf twenty feet on Wednesday night. 4dwt of gold- to 'the load being ohitaincd in s6vettto&n feet of river wash,. The pontoons of the Kelly end 'Casey dredge ■will 'be _ launched to-morrow, and in a Jfortniglht will be ready for 'the nJach'in«ry, which is ne&Tly all .on ihe ground. The dr<?9ge is expected to be at work by contract time, Jan. 17. The Waipuna dredge is reported to bo working well, and dredging at a depth of seventeen feet. . The machinery of the Dobson No. 2 dredge is working perfectly, and it will start work proper about a quarter of a mile below the top' boundary. After Monday three constant shifts will' be kept going. The pontoons of the old Ettrick dredge, at Miller's Flat, had been hoisted on wheels ready for the road, and in a day or two the whole dredge would have bean drawn bodily overland by three traction engines, but, unfortunately the pontoons caught fire from some sparkß from a traction engine, and are almost destroyed. At an extraordinary meeting of shareholders in the Golden Gutter Dredging Company, held in Dunedin on Wednesday, it wa« decided to abandon the claim, and, if possible, secure another. The "Tuapeka Times" states that a couple of very iiice nuggets of gold (weighing together lldwt) were got on the Meg and Annie tables last week. —On Monday twelve waggons loaded with dredging material left the Lawrence railday station yard for up-country. As the averago load would exceed s,ix tons, this would iupbu An nerqregale of about eighty tons, and there are about ihiite-five teams on the road.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19001026.2.34

Bibliographic details

Star (Christchurch), Issue 6935, 26 October 1900, Page 3

Word Count
461

CANTERBURY STOCK EXCHANGE. Star (Christchurch), Issue 6935, 26 October 1900, Page 3

CANTERBURY STOCK EXCHANGE. Star (Christchurch), Issue 6935, 26 October 1900, Page 3