MINING NEWS.

Press, Volume LVIII, Issue 10865, 15 January 1901, Page 3

MINING NEWS.

The secetarv of the Ford's Creek Go.d D'edgin" Confujiiv received the following telegram" from the chairman of directors, wao is at present visiting the company's claim:—--"Small breakdown winch; gear will be fixed this afternoon; not able wash up; hope ao so Monday." ... ~ , , Tlie directors of the Old Diggings Gold Dreugin_ Company (Limited), have issued a circular to their shareholders hi which thry state tbat as a result of two bores made by th_ engineers, Messrs Cutten Bro"., at deferent uoims of Mc claim, very sauslactory nrospects were cbiiincd. The bores show Ihat prospects e-s: m i-e ««"■« right clown to *he bottom. Mr James McKay, of Inar.gahua. Junction, a director of the company, who was appointed by his co-directors t.._ nuperviso the boring operations on behalt ot the company, reports that the gold is most uniformly distributed from top to boUcni. A dredge is to be procured as speedily as pos*Th'e consulting engineers of the Premier (Buller) Gold Dredging Company report that the buildir** of the pontoons at the company s claim is in active progress. They anticipate the whole of the plant will _h? ready to fee fitted up by about the end ot February. Tho syndicate formed to work the Greymouth lagoons have, says the "Greymouth Star" decided after a thorough prospecting of the ground to abandon further expenditure, the prc.pc-.t3 obtained not being sufficiently good to warrant further outlay. The hearing cf the charge of conspiracy a«-ui_st the iwo Lawsons ami E. inn*; in connecfion with the alleged "salting" of a c'atm iv th- Ku-nira district, occupied the Kumara Magistrate's Court for several days last week. Mr P. Tansey, the first witness, was under examination for five hours. The Lake Mahinapua dry land dredge, •which has commenced operations, is run upon a trail- line, which is the method adopted upon the surf dredger, that are working the sea beach sands at Cape Nome. The goldsaving tables have a travelling gear to carry tho endless screen, thus keeping it clean. It will bo interesting to note the difference between the amount of go.d obtainable from a table which is travelling and one standing still. Another feature is the dredf-e ladder, which is adapted to work in a crer.cent from a centre, thus taking a wide stretch, in front of the dredge, and doing away with the necessity tor any lateral motion. The designer of tho dredge is Mr James Bishop, mining engineer. , the Dome Creek Gold Dredging Company s newly-completed dredge started operations on the claim on the 7th instant. The dredgemaster reports that the machine is working smoothly.

CANTERBURY STOCK EXCHANGE. The foi'owir.g are yet-tor.lny.'s. latest quotations, subject to the usual brokerage': — Al.—Sellers, 235. Bignell's No Town—Sellers, par. Commissioner's Fiat—Sellers, per. Dobson No. 2—Buyers, 2Gs 9d; sellers, 30s. Erickson's Reward —Sellers, 93. Golden Falls— Sellers, 26s"lid. Golden United—Sellers, Is. Greenstone Creek—Sellers, 3Gs. Greenstone Junction—Sellers, 28s. Grey River —Sellers, 69a. Grey River No. 2—Sellers, 7s. Grey River Extended —Sellers, 33. Grey Monarch—Sellers. 2s 3d. Hokitika Extended—Sellers, Is 9d. Hokitika Junction —-Sellers, 2s Gd. Kohinoor Extended—Sell"—, Is. Leviathan—Buyers, RGs. Mosquito—Sellers, 3s. Murehison—Sellers, Is. Pactolus—Sellers, 32a. Pactolus No. 2 —Sellers, 2a 6d. Perrctt's Junction—Sellers, par. Prince of Wale3—Buyers, os 6d; sellers, 9s. Red Jacks—Sellers, 3d. Reeves' Proprietary—Buyers, 2Gs 6d; Sellers, 30s. Reefton United—Buyers, Is 6d; sellers, 2s. Shellback—Buyers, 3d; sellers, la 3d. Stillwater—Sellers, par. TA-eruakan—Buyers, par: sellers, 6d. Tucker's Flat—Sellers, 2s. Waimea—Sellers, 6d dis. Westiand—Sellers, Is. "Waipuna Creek—Sellers, 6d dis. REEFTON NOTES. (SI'ECIAI. TO "Tirk. TllKSS.'') REEFTON, January 14. The —.ofcoia dredge has been launched, and is expected to start work in a few days, as soon, as her buckets are placed in position. Tho Reeves Proprietary dredge is idle at present, owing to the breaking of the clutch. When this occurred the plates were cleaned with a return of Boz lOdwt of gold for 54 hours' work. The _uller Junction dredge, has now been got down the river about the centre of her ground, but there is yet another fall—the "Bull Pup"—to be passed. This cannot be attempted until another rise takes place in the river. Tho Rocklands, the Premier, and the Welcome dredges are likely to be amongst the first of the other dredges that are to work the Bulier river. This will lie followed by the Ola Diggings, the El Dorado, and others at an early date. (SPECIAL TO "THE "I'IIESS.") DUNEDIN, January 1-1. Professor Black, of the Otago University, has gone to San Francisco to study American mining methods. The University Council to-day considered ten applications received from England, America, and tho colonies for the position of Director of the School of Mines, and referred them to tho Mining Committee to make a selection The appointment of a Lecturer on Geology was also referred to the same committee. The Golden Run dredge and the Naumai will be at work before the end of the month. (PRESS ASSOCIATIOV TELEGRAM S.) DUNEDIN, January 14. On the Dunedin Stock Exchange to-day sales were effected at the following premiums*.— Erickson's Reward, 8s; Kohinoor, 10s; Mosquiio, 2s 6d; Ross Day Dawn, Is; Woodstock 4s. Sales also took place at the following r>r'><-« : —Al., 27s Gd; Charlton Creek, 355, 3"ii Cd; Dunstan Lead, 245, 24s 6d; Ford's Creek, 225; Gentle Annie, £2 5s 6d; Gold Queen, 30s 6d; Go.den Run, £2 10s: Grey River, £3 5s 6rl; Halfway House. £*2 23 6d; Majestic, 24s 3d; Metallic, 24s Gd: Mokoia, 35s 9d; Monte Christo. 32s 6d; New Alexandra, 9s 6d, 10s; Upper Magnetic, 355: Waipuna, 2Ss. During tbe week ended to-day returns, were reported from twenty-two dredges, the.', total gold yield being 5320z 9dwt logr, or an average of 240z per dredge. AUCKLAND, January 14. The clean-np of the New Zealand Crown Mines is 2019 tons treated for bullion, valued at £'4089. The total for the past year was £60,513. -