THE WAIPUNA COMPANY'S PONTOONS.

Press, Volume LVII, Issue 10704, 10 July 1900, Page 3

THE WAIPUNA COMPANY'S PONTOONS.

(By Telegraph.) (fkom our own correspondent.) GREYMOUTH, July 9. The directors and a number of the shareholders of the Dredge Company visited the locality to-day, accompanied by your corres pondent, tff 'witness the launching of the dredgfe pontoons. Ths trip was a chapter of accidents and inconveniences. There oceurrec at Brunnerton a mishap to the Midland engine which delayed us for an hour, and there were sundry other unforeseen stoppages. A great crowd assembled to witness the launching proceeding, but all were doomed to disap pointment, as three jacks were broken, and the pontoons could not be moved on the skids, though they are completed. The dimensions are—Length 65ft, beam, with platform, 31ft, depth aft 6ft Gin, forward 6ft, ladder well 33ft, width sft, well aft for elevators Bft 6in, width sft. While the party were returning a girl named Erickson, about eleven years, was thrown from a trap and had her leg broken, at Totara Flat. There is beautiful weather, the only drawback being that the miners are short of water, and many sluicing claims are at. a standstill.

(press association telegrams.) * DUNEDIN, July 9.

Dunedin Stock Exchange sales at premiums —Bendigo 10s, Caimmuir 9s 6d, Electric Extended 18s and 17s 9d, Extended Fourteen Mile Beach 2s, Gentle Annie 6s 6d, Halfway House 153 6d, Prince of Walos 63 6d, Eiae and Shint Is, River Molyneux 8s 6d, Royal Maori Is. Sales also took place at the following prices: —Central Electrio 743 and 755, Cromwell 93s and 98s 6d, Electric 675, 66s 6d, 665, ass 6c. acd 64s Cd, Hartley and Riley £S 15s 6d, ££ 16s, £3 14s and £3 17s 6d, Junction Electric ASs, La Franchi Is 6d dis., Magnetic 625, 62s 6d'and 635, Mamiherikia £5, Sailor's Bend 46a and 475, Upper Magnetic 25s 6d, Vincent 82s, 82s 6d and 82s, Vincent Extended 445. Otago Exchange sales at premiums—-Ma-lono's .Beach 9d, Waipuna 3s 9d. Paid up— Dunstan Lead £1 13s 9d, Fourteen Mile Beach £1 123 6d. ~.. , Stock Exchange quotations:—Aldinga, sellers Is p; Alexandra Eureka, sellers £2 17a; Alpine No. 2, sellers £1 17s; Bendigo, buyers, 99 6d, sellers 123 p; Boundary Creek, buyere 2s, sellers 2s 9d p; Broad Creek, sellers Is p; Cairnmuir, buyers 9s p; Central Electric, buyers £3 15s, sellers £4; Central Magnetic, buyers par, sellers 9d p; Chatto Creek, sellers £1 ss; Cromwell, buyers £i 18s, sellers £5; Dart River, buyers 2s 6d dis., sellers par; Davis iSend, sellers 6a p; Dobson Ko. 2, buyers par; Dunst&n Lead, buyers £1 12s, sellers £1 15s; Electric, buyers £3 4s, sellers. JE3 ss; Electric Extended, buyers 16s 6d, sellers 17s 9d p; Erickson'a Reward, sellers os 6d p; Evans's Flat, buyers £1 2s 6d, sellers £1 4s; First Chance, buyers 12s 6d, sellers £1 p; First Taieri, sellers 2s 6d dis; Fourteen Milo Beach, buyers £1 10s, sellers £1 14s; Galvanic, sellers £1 4s; Gentle Annie, buyert 6s 6d, sellers 7s ,p; Gibbs's Beach, sellers Is p; Globe, buyers 4s 9d, sellers 5s Gd p; Gold Chair, sellers 4s dis; Gold King, buyers 3s 6d, sellers 5s p; Gold Queen, buyers £1 15s, sellers £2; Golden Beach, buyers £1 13s, sellers £•2; Golden Falis, buyers 3s 6d, sellers 7s p; Golden Milt, sellers Sis Gd dis; Golden Hiver, btryere 9d, seller*. Is p; Great Beach, buyers 3s Gd, sellers 2s dis; Great Western, sellers 16s; Grey River, buyers 12s Gd p; Grey River Consolidated, buyers 23 ,p; Halfway House, buyers 15s 6d, sellers £1 p; Hartley and Eiley, buyers £8, sellers £8 17s 6d; Hokitika River, buyers par, sellers 3s p; Junction Electric, buyers £2 i>3, sellers £2 6s Gd; Jutland Flat (Consolidated), buyers 2s, sellers 2s 3d; Kelly and Casey, buyers 3s 6d, sellers 43 4d p; Kiondyke, buyers 11s 6d, sellers 17s; Lady Roxburgh, sellers par; La" Franchi, buyers 2s dis; Leviathan, buyers £1 7s, sellers £1 8s 6d; Long Valley, buyers Gs, sellers 9s p; Maerewhenua, buyers 2s, sellers 6d dis; Magnetic, sellers £3 4s 6d; Main Lead Hercules, buyers Cd dis, sellers 3d p;. • Manuherikia, buyers £i 17s Cd, sellers £5 10s; Marsden Lead (paid up), sellers par; Matau, sellers £5 ss; Meg amd Annie, buyers £2 43 6d, sellers £2 6s; Miller's Flat Electric, buyers £1, sellers £1 7s 6d; Moa Flat, buyers £1 3s, sellers £1 ss; Molyneux hydraulic Company's Dredge 8., {sellers £1 10s; Monte Christo, buyers 5s Gd, sellers 7s 6d p; Nelson Creek, buyers 183 p; New Alexandra, buyers £1 33 6d, sellers £1 7s; JJCgapara Ko. 3, buyers £1 Is; Nil Deaperandum, sellers 18s; ISTorth Beach, sellers ,par; Nugget, sellers 10a; Orwell Creek, sellers 6s p; Prince Imperial, buyers 4s, sellers 2s dis; Priqco of Wales, buyers"Ss, sellers 8s p; Reeves's Proprietary, sellers par; Richard's Beach (preferential), buyers 3s 6d, sellers 4s Cd p; Rise and Shine, sellers Is 3d p; River Molyneux, buyers 8s 6d v>; Roxburgh Jubilee, buyers 4s 6d, sellers 6s p; Sailor's Bend, buyers £2 7s; second Magnetic, buyers £1 lps, sellers £1 15s; Tacon's Cardroria, buyers 2s 6d dis, sellers par; Three Mile Greenstone, buyers par; Tucker's Flat, sellers 2s 6d p; Tyson's Beach, buyers 2s dis; Upper "Magnetic, buyers £1 5s 6d; Vincent, buyers £4 2s 3d, sellers £4 33; Vincent Extended, buyers £2 4s 6d, sellers £2 6s 6d; Vulcan, srlicrs 6d ip; Waikaka Forks, sellers Is p; Waikaka Queen, sellers par; Waimunm, buyere £1 7s, sellers £1 8s 6d; Waimumu Central, sellers 2s 6d p; Waimumu Extended, sellers 19s; Waipuna, buyers 3s p; Watterson's Consols, sellers Is p; Westlnnd, sellers 6d p; Wet Lead, sellers Is die.

At a meeting of the shareholders of the Springrale Drgdgingf Company, Jfanuherikia, the report submitted showed that €he dredge has been kept working for fourteen weeks for a total return of 41oz Bdwt 13£r, or an average of about 3oz per week. It was resolved that it is advisable to wind up voluntarily. The directors were all contributing- shareholders, having no paid-up shares. The chairman stated that when the boring rode were used, the lower wound was proved to be shallow, but -where the dredge was at present working the boras yielded fairish sampfe3. This was near another claim, and the directors bought the ground for .£250. As the prospects after fourteen weeks showed no improvement, it was decided to consult the shareholders.

During the week ended to-day, returns were reported from 31 dredges, the total yield being 22660Z 2dwt llgr, or an average of 730z per dredge.

Additional returns:—Alexandra Eureka, Moz; Jutland Flat, 30oz ledwt; Golden Gate, 260z 13dwt; Success, 260z Bdwt; Chariton Creek. 13oz lOdwt ; Chatto Creek, 12oz 15dwt Sgr; Lawrence, fioz 14dwt 21gr.