MINING AND SHAREMARKET NEWS.

Evening Post, Volume LX, Issue 103, 29 October 1900, Page 6

MINING AND SHAREMARKET NEWS.

— •- ♦ WELLINGTON STOCK EXCHANGE. l*he following are "this morning's quotar tions.irabject to the usual brokerage : — , N.Z. Talisman — Buyers, 12s 9d ; sellers, 14s ' Waibi Extended — Bayers, Is 4d Wh&rtgamata Gold Co. — Buyers, 3s ; sellers, 5s Humphrey's Gully — Sellers, 6s 6d Undaunted— Buyers, £8 7s 6d ; sellers, .£lO AJAaura River — Sellers, Gd p A.ylmer Lead— Sellers, Is p . Brandy Jacks — Sellers, lap Greenstone Creek — Buyers, 3a p Grey River Consolidated — Sellers, 3s p Grey Eiver Extended— Sellers, Is 6d p Jones's Flat — Sellers, 2s p Marsden No. 3— Sellers, Is 6d p Maori Queen^Sellers, 4s 3d p Mosquito — Sellers, Is p" ■ 1 Noto\wn Creek (paid up) — Bayers, 16s ; sales, i 15s ' Eeeves Proprietary— Sellers, ,£! 0s 6d Rocklands Beach— Sellers, 3d p Ross Flat — Sellers, par Thomson's Bullock Creek — Bayers, 5s Gd p Woodstock— Sellers. 3s*p Charlton Creek — Buyers, sellers, £2 3s ; sales, £2 ; Davis Bend— Buyers, 4s p Gentle Annie— Buyers, J>l ss p Golden Bed— Buyers, .£1 6s Hartley and Riley — Bayers, £6 Junction Electric— SeHers, ,£1 15s :- sales, £1 12s 3d Kawauau Bridge— Sellers, 2s 6d p Kelly and) Cas^y— Sellers, .£l lls 9d, Lady .Roxburgh— Buyers, 2s 6'd dis L. H. B. Wilson, CJhaiiman. J C. D. Morpbth, Secretary. The directors of the Jubilee »Go!td-min-ing Company propose increasing the capital of the company by £5000, to provide for the further development of the claim, which is situated at Top Valley, Marlborough. Most of the shares in this company are held in Wellington. The Golden Gravel Company's pontoons have been, launched, and the work of erecting the machinery is to be commenced at once. Flotation of companies appears to have been resumed in Dunedin. The Junction Waikaka Company and the FoJey's Extended Gold Dredging Company have been floated privately. * Tfle Matau dredge has* started work on her summer ground. The Sunlight dredge and claim' have been sold to the Paul's ?Beach Gold Dredging Company for £3000. The Magnetic dredge met with a mishap last week, and -will not be able to ?£- sume Ar«ork for a week or so. It is reported that the Junction Electric Company have made aix offer N to use the Richards^ Beach dredge on tribute. The Otago Daily Time.s states that the Dunedin foundries generally have made' considerable advance with their dredg-, ing contracts, au.d in some instances are sufficient^ clear of work to take in neAV contracts. A trial run v^as taken out of the Sailor's Bend dredge last Aveek. The housing was to be finished on Saturday, and .the Avork of moving the dredge on to the I claim was to begin this week. The shareholders of the Roxburgh Lead Gold Dredging Company are petitioning the directors to call a meeting of shareholders to consider , the position of the I company. ,■ The Otama dredge, after a trial run of forty-eight hours, -washed up for six bounces. The pontoons of the old Ettrick dredge are hoav on the bank* elevated on Avheels ready for the road to Waikaka (says the Miller's Flat correspondent of the Tuapeka Times), and in a day or tAVo Aye shall have the novelty of seeing a complete dredge carried Avhole overland as if it were a huge case of dry goods, under the irresistible power' of three traction engines. ,4, 4 *The i liquiidati6n of the Beaumont Gold Dredging Company 13 to be closed on the sbh November. • „ The Premier Waikaka dredge is expected to be ready in three weeks. In their annual report the directors of the Dart River Gold Dredging and Prospecting Company state that the contract for the dredge was let on the 21st December last year, to Messrs. A. and T. Burt, and Avas to- be completed and the dredge handed over to the company, under steam, on 30th June last. The contractors have not fulfilled the time conditions of their contract, and they state that they have met with unforeseen difficulties in transporting material to the claim. The whole of the machinery for the dredge is noAV on the ground, and the carpenters are engaged in* building pontoons. Tho contractors expect to have them" completed about the end of December. The Secretary of the Havelock Mining Association has paid £24 to the Mines Department, and has applied for the £ for £ subsidy fbr the purpose of developing a discovered reef in, tbe upper reaches of the .Wftkanwina.