MINING NEWS.

Press, Volume LVII, Issue 10757, 10 September 1900, Page 2

MINING NEWS.

At tie statutory general meeting of i Wftipuna Creek Gold Dredging Compel held oa Thursday, the following directors w< elected:—Mr J. Cunningham (chairman), ] R. W. Anderson, Messrs Wm. Gifkins, Martin, T. A. Arrowamith, Mr T. J. Mall (Reefton), My 7 C. Short (Dunedia). i£r Jti. Ruasell waa elected auditor. The references in the Greymouih ne* papers to the mishap to the Grey River Gc Dredging Company's dredge are of the brieft description. The "Star" of Thursday Bays: "Owing to a alight accident to the Gr dredge machinery work has been delayed foi couple of day 3, but dredging will be resum to-morrow. The "Grey River Argus" of F day states :—"Tne damaged ahaft of the Gi River Company's dredge has been taken the Dispatch Foundry to be repaired. We in the meantime is stopped." Advices from the West Coast state, says t Otago Daily Times," that the Waipa dredge will commence work for certain < Monday. According to the "Grey River A gne " it was expected that a trial of the dred would be made oa Tuesday, but tKat the i salt would sot b* kaowa lot & d*y or two.

The following are Saturday'e quotations :—• Bayers—Premium, Bendigo, 9s; Electric Extended, 15s; First Chance, 1216 d; Hokitika River, 2a 9d; Monte Christo, 6a; Roxburgh Jubilee, 2s. Paid, Central Electric, 455; Cromwell, 925; Electric, 455; Golden Bed, 18s; Junction Electric, 275; Leviathan, 3Se; Magnetic, 325; Manuberikia, 955; Sailor's Bend, 395. Quartz, Croesus, la 9d. Sellers—-A.1., 3a; Caledonia, Iβ; Duke of "Wellington, 6d; Eriokeon's- Reward, 3e; Fox Creek, 6d; Golden Reward, Is; Golden Standard, 6d; Golden United, 9d; Great Woodstock, Is; Greenstone Creek, 23; Grey River, 17s; G-rey River Extended, la 6d; Grey Monarch, Is; Hokitika Junction, 3d; Kohinoor, 7e 6d; Kohitfoor Extended, Is 3d; Leaning Rock, Is dis; Marsden No. 3, Iβ; Mikonui River, 6d; Maori King 6d; Pootolua No. 3, 3d dia; Roaa Flat, 6d; Reefton United, Is 3d; Saltwater Creek, Is 3d; Victory, 3s 9d; Wattereon's Consols, Is 6d; Westland, 6d. Sluicing, Humphrey's Gully, 6s 6d. Paid, Junction Electric, 30s, Par, Bold Hill Flat, British Lion, Lβ Frsachi, Major Robin, Perrett's Junction, Point dOr, Perry's Reward, Red Jocks, Reeves'e Proprietary, Sullivan's Lead,. Waimea (contributing). (PRESS ASSOCIATION" TELEGSAM3.) DUNEDIN, September 8. The following sales are recorded to-day.— Charlton Creek, 28s ljd;. Cromwell, 955; Dunedin, 4s; Electric Extended, 17s; Gold Queen, 31s, 31s 6d; Golden Point, 20s; Hartley and Riley, £3 18a 6d, £$ 19s, £&; Magnetic, 34a; Merrimac, 19s. September 9. Dredging returns:—Electric 4170s 12dwt, Cromwell 2170z, Manuherikia 1990z, Junction Electric 1970z, Perseverance 114oz 6dwt, Hart- i ley and Riley 91oz 12dwt, Eamscleugh 11. ' 670z 12dwt, Empire 430z gdwt, Golden , 40oz 16dwt, Charlton Creek 40oz, Enterprise 31oz 13dwt, Chicago 240z ldwt, Waimumu Extended 230z lldwt, Waimumu Central 230z, Golden Treasure 20oz sdwt, Unity lS6z, Maori 19oz, Magnetic 18oz, ■ Waimumu 15oz, Earnscleugh 2?o. 1 14oz 18dwt, Morning Star 14oz Bdwt, Otago 12oi 12dwt, Wool Shed 9oz 14dwt, Tuapeka Boz 15dwt, Dunedin Boz,2dwt, Inch Valley soz 17dwt. The directors of the Laet Chance Company report that though they have had the property prospected with excellent results, they have, in deference to. the resolution of the shareholders, asked the vondora to bear the expense of further prospecting. The report of the directors of the Clyde Company states that the gold won during , the year was valued at £4913. The dividends declared have amounted to 7s 6d per share. GREYMOUTH, September 9. The return of the Progress mines, Reefton, for August, shows thai 16950z gold were obtained from 5000 tons, and S4oz gold from 30 tons. The Consolidated Dredge, Reefton, has obtained 12oz 16dwt gold for 190 houre' work.