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Reefton Mining Exchange.

[By Telegraph.] f SPECIAL TO THE EVENING POST.) Rkbptox, 12th March. Tho Stock Exchango report is aa followH : — Tho top plates at tho Alpino, Globe, Cumberland, Gallant, No. 2 Durk, Welcome, and Koei> it Dark batteries givo 1300 ob of amalgam for tho wcok, and tho Alexander Drodgo 210/. of pold and Go& of analfjani foe fivo da.yH 1 work. Tho Globe B'iowrf an improvement, in quality, and tho Cumberland's it alii^lily j>uyal>le yield, which in matters pertain injf to ci-mliing, is the foaturo of tlio weok Last week's rßturn from tun Aloxamloi: drnrigo was <l(io//H. gold for "\ days work, en that a glauco bliows tbafc « gontl average record in being suitaiued. Tho slutro niarkot has liad juft a littlo more life in it thin week, although business liaH been oomparatively rcftliictml to a few lines. Big Kivor had Home business, and appear at last week's rateß, while Ctiinborland made a forward move from 12h to 15h, and have bad a good demand and sales at tlio lattor figure. Shares are very firmly held— tho best of indications. Exchange havo boen quiot, and developments at tho mino aro looked for. Globo havo also boon in bottor roqnest, and shares ahow a slight advance in value with a dooidedly firmor feeling. Nothing froah from the Gordon mino in roportod, and Dark aro at about last week's quotations. Buyors of Lord Edward aro unsuppliod at 3s to-day, holders asking a littlo moro. Good returns continuo from No. 2 Dark mino, but tho sharoa havo not much of a turn of business yot. Progress aro as boforo, and Eussoll aro quiet, but work at tho mino is progressing well in bottor country. Both the mine and the battery at tho Alpino appear to bo improving, and there uro all the indications of business being likely in this well-known stock boforo long. Mid-day prices :— Aloxandor Drndging, 4s 9d to 5s ; Big River, % Od to 8s ; Cnmborland, 14s 9d to 15a 3d ; Exchange, la 3d to Is fid ; Goldon Hill, 4d to Cd ; Gallant, Is to 1h 3d ; Globo, 15a to 15a 9d ; Gorden, Gd to 8d ; Dark, 14s to 14s Cd ; Edward, 3s to 3s3d; No. 2 Dark, 4s Cd to ss: Pandora, 7d to 8d ; Progrosß, 16s 3d to 10s M ; Russell, 8d to lOd i Scotia, Gd to 8d ; Drake, la to la 3d ; St. Uoorgo, 3d to 4d ; Alpino, 15s Mto l«s 3d ; Wealth, Is 9d to 2s.— J. P. Clarko, W. Irving, G. Wise, J. Auld, J. li. Bcocho, P. Bronnan, W. G. Collings, Browning and Diok.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP18920314.2.50

Bibliographic details

Evening Post, Volume XLIII, Issue 62, 14 March 1892, Page 4

Word Count
430

Reefton Mining Exchange. Evening Post, Volume XLIII, Issue 62, 14 March 1892, Page 4

Reefton Mining Exchange. Evening Post, Volume XLIII, Issue 62, 14 March 1892, Page 4

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