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MINING NEWS.

Mr J. R. Evans, the local director of the Croesus (Paparoa) Gold Mining Company, received yesterday afternoon the following telegram:—'•Croesus pay 3d dividend Monday next.—Craig." Messrs .Baker Bros., the brokers for New Zealand of the Pactolus xNo. 3 Gold Dredging Company, situate on the Nelson Creek, "West Coast, inform us that the ahaxee wcro largely over-subscribed, many having to be refused and others cut down.

Work is progressing with regard to the machinery for the Hokitika Gold .Dredging Company. Plans and specifications for the dredge are now in the hands of tho contractors.

The .contract for the pontoon site for the Al Keofton Gold Dredging Company is just about completed. The contractors for the dredge, Messrs Anderson and Sons, of Chrietohuroh, are ma&ing satisfactory progress with the work.

(PHESS ASSOCIATION TELEGBAMS.) GREYMOUTH, April 19. A meeting of the directors, held last evening, of the Papa<roa Croesus Company, declared an interim dividend of 3d, aud expect to .pay monthly. Excellent stone is being obtained. DTJNEDIN, April 19. Stock Exchange sales at premiums:—Alexandra Lead, 11s 6d; Arrow Junction, ss; Caimmuir, 19s; Dunefcan Lead, 28s and 29s 6d; Endeavour, Us and 15s; Erickson's Keward, 7e 6d; First Chance, 295; Galvanic, 7s 6d; Gold Deposit, Is 6d; Golaen Banner, Is; Golden Bed, 8s 6d; Golden Gravel, Is; Golden Horseshoe Is; Golden Molyneux ss; Golden Kiver, 2s 6d; Golaen United, Is; Grand Junction, 6d; Greenstone Junction, 8s; Inch Holme, 2s; Kelly and Casey, 13s 9d, 14s, ana 14s 9d; Lady Cardrona, 29 6d, 2s 9d, 3s, and 3a 3d; La Franchi, 8d; Jlunuherikia, £6; Marsaen No. 3, 3s 9d; JSielson Creek, 235; Oceanic- Bteatu, 2» 6d aud 3s; Orwell Creek, 14s;" Pactolua, 16s; Pactolus No. 2, 3s 3d; Reeves's Proprietary, 5s and 5s 2d; Richard's Beach, 6a; Vincent Extended, 27a 6d and 32a 6d.

Sales were also effected at the following piices:—Alpine Consols, 38s; Cnicago, 50a «>d; Cornish Point, par and 3d discount ;■' Electric, 40s; Golden Glen, 6d discount; Hartley- and Riley, £12 Gβ and £Vi Vβ 6d; Hokitika River (paid),,2ss 6d; Naumai, 30s; Nevis, 27s 6d; Vincent, 60s and 61s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19000420.2.16.5

Bibliographic details

Press, Volume LVII, Issue 10635, 20 April 1900, Page 3

Word Count
348

MINING NEWS. Press, Volume LVII, Issue 10635, 20 April 1900, Page 3

MINING NEWS. Press, Volume LVII, Issue 10635, 20 April 1900, Page 3