MINING NEWS.
[By Telegraph.] {from our correspondent.] REEFTON, November 26. Welcome — Fifteen hundred unalloted new issue shares were put up to auction on Saturday last, and realised Is 8d each. Sir Francis Drake—The disappointment caused by the returns for last week's crushing has softened a little, and buyers to-day are offering from 23 to 2s Id. Keep-it\Dark—The Directors meet tonight to declare the usual monthly dividend ; Is is expected. Globe—The Directors meet to morrow night, and it is thought they may be able to declare a sixpenny dividend. iPRESS ASSOCIATION TELEGRAM.! AUCKLAND.. November 26. News is to hand of the discovery of promising gold-bearing stone at the Tiki, in the Thames district, npon ground which is being worked by an Auckland syndicate BLENHEIM, November 26. A reporter of the Marlbcrcnigh Express has visited Watamonga, the new goldfield near Picton, and finds the place very accessible and quite flat. The workings will be shallow. There are about twenty men there, but he believes there will be a big rush.
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Bibliographic details
Press, Volume XLV, Issue 7214, 27 November 1888, Page 5
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168MINING NEWS. Press, Volume XLV, Issue 7214, 27 November 1888, Page 5
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