MINING NEWS

Press, Volume L, Issue 8483, 15 May 1893, Page 6

MINING NEWS

(FROM OUR CORRESPONDENT.)

REEFION, May 13. The Stock Exchange report lor tne past week is as follows : —'• Tiie battery returns amount in the aggregate to 1401 ozs of amalgam from the Alpine, Cumberland, Globe, Lord Edward, and Progress mines. As was anticipated, the Cumberland return is considerably less thau usual, but the Globe and Progress show a very eucouragiug improvement. The Lord Edward return is quite up to expectations, aud proves that the stone is highly payable. Cieaniug up at the Dr.vke baitet-y will take place on Alunday, and if the leiurn is satisfactory a prosperous future uhoull be iv store lor tnis mine. There has been very little alteration in the prices of stocks, the principal improvement being in Alpines, which are very firm at about los. Alexander shares are aiso higher, and as the new separator is reported.to be working satisfactorily a great return is looked for at «he end of the week. Dividends from this claim acd the Progress are expected at au eariy date. There .s no change iv Lyell Creek, but the shares find ready buyer- at market, prices. Exchauges aud Russells are easier, while No. 2 Darks aud Wealth remain stationary, with few buyers. During the week some very rich stone was got in the Aniazoa claim, but the reel has not yet beeu gut iv the solid. The following are midday quotations ••—Alexander Dredge _*6d to 2s 3d, Big River 8s to 8s 3d, Cumberland lis 61 to 12s 6d, Exchange 6d to7d, Golden Lead Is to Is 3d, Globe 10s to 10s 61, Dark Is 6d to 2s, Lyell Creek 7d to 9d, Lord Edward 9d to Is, No. 2 Dark Is 5d to Is 7d, Progress 16s to 18s, Russell Is 6d to. Is 9d, Success 4d to 6d, Drake Is 91 to 2s Bd, Alpine 15s 6d to 16s 6d, Wealth Is to la 3d/