MINING NEWS.

Press, Volume LVI, Issue 10481, 20 October 1899, Page 6

MINING NEWS.

Mr S. H. Graves, Who has been appointed broker for Canterbury, publishes the prosi pectus of the Greenstone Gold Dredging Company, which is heing formed to work a ] special dredging claim, two prospecting J areas, and one freehold section, all adjoin--3 ing, on the Greenstone Creek, and situated 1 between the Greenstone Creek Gold Dredging Company's claimi and the Greenstone i Junction Gold Dredgsng\ Company's claim. " Mr Leslie H. Reynolds has reported favour- * ably on the'prospects'of the claim, and considers they are of the same class as th^se * obtained .on the Greenstone Creek Gold ■ Dredging Company's claim. One thousand ? siaares only have been reserved for Chxistr church, aad there was a heavy application for shares in Dunedin yesterday. r Mr J. Ewing, well known in connection " wich sluicing in Otago, and Mr R. Hay, ' consul ting engineer, have, just returned irom " the West Coast, where they have been re- \ porting on several claims. Two gentlemen from Ale___dra who are i_tere_ted in dredg--1 ing, Messrs John Magnus and John Paget, proceeded to the Coast to-day to report on j several claims on behalf of Dunedin syndij cates. f (FBES9 ASSOCIATIOIC T___OB_M.) 1 DUNEDIN, October 19. 5 D-tt-dlin Exchange Stock Sales —Crom- | well, 57s 6d; Hartley, and Riley, 192s 6d; * Magnetic, 645; West Martau, 6d dis. *At premiums — Alpine No. 2, 10s; J Blue Duck, Is 9d; Central ElecJ trie, 36s 6d, 36s ; Halfway House, 83 6d, 8s fc 9d; Kiondyke, 10s 6d; Moa Flat, Is 9d; ' New Alexandra. 23si£d': No. 2 Matau, 2s * 7£d, 2s 9d ; Richar_ , _ i Beach, 8s 9d ; Sailor's : Bend, 12s 9d, 13s; Sixteen Mile Beach, 6d. Otago Exchange Sales—Alba_ra River, 7d premium; Grey iDo_soli_ated, 10_d premium ; Moa Flat, Is 3d premium. At Auction—Primiums —Goal Creek, Is; Majestic, 6d; Metallic, Is; Monte Christo, 7s; Upper Magnetic, ss. i Owing to the rising of the river the Hartley and Riley dredge lias stopped working, and will undergo an overhaul. The return for four days is 236c_ 9dwt.