MINING NEWS.

Evening Star, Issue 11512, 1 April 1901, Page 6

MINING NEWS.

Empire report 81oz 13dwt for the week ended March 30.

Perseverance report 720z 3dwt for the week ended March 30.

Golden Bed report 590z lldwt for the week ended March 30.

Matau report 520z for the week ended March 30.

Golden Gate report 28oz 18dwt for the week ended March 30.

Molyneux Hydraulic report 240z sdwt for the week ended March 30.

Success report 240z Idwt 6gr for 131 hours' work.

Enfield report 220z lOdwt for 136 hours' work.

Majestic report 21oz 3dwt for the week ended March 30.

Manuherikia reports 20oz 12dwt 4gr for 69 hours'work. .

Waimumu Central report 19oz lOdwt for 122 hours' work.

Waimumu Queen report 17oz 17dwt lOgr for 123 hours' work.

Lawrence report 15oz I3dwt for week ended March 30.

Olrig report 14oz 7dwt for 124 hours' work. Golden Link report 14oz for 142' hours' work.

Clyde report Boz for the week ended March 30.

Vincent Extended report 7oz lldwt for the week ended March 30. ;

Ngapara .No. 3 report 7oz for the week ended March 30.-

Miller's Flat report soz 12dwt for 4£ days' work. . . . ■* "•

The manager of the Golden Run pipes reports a wash-Up for 48bz. : ' Dobson No. 2 (West Coast) report lOoz for 127 hours' work:

Gabriel report lloz. 19dwt for the week

The Chat to Creek will not wash up till Saturday next.

West Coast dredging returns.—The New River dredge for various periods to the 23rd March obtained 20oz for 61 hours, and for tha past week lObz 17dwt; Buller Junction, 330z gold for 93 hours; Reeves's Proprietary, 7oz 16dwt gold for 72 hours ; Waipuna, Boz sdwt for the week. The report la<=t Saturday for the Waipuna dredge should have been lloz for the week and 7oz for a broken week not previously reported ;' total, 18oz.

At Queonstown on Wednesday the Minister of Mines was waited upon by a deputation from the Arrow Falls Company with reference to cutting about sixteen chains of the Arrow-Macetown road, and the Minister stated that the Tequest would be considered when the Estimates were being framed. Mr M'Gowan was shown £235. worth of nuggety gold, which the deputation informed h:m had been obtained in eleven days from 10ft of the ground oji the claim. In answer to a deputation at the Gore railway station, the Minister of Mines stated that he would give careful consideration to the matter of the claims made against the dredging companies when it came before him.

A deputation waited upon the Hon. Mr M'Gowan on Saturday respecting the trouble with the farmers in the Charlton Creek district, and requesting that the dredging companies in the former should be placed on the same footing as those at Waikaka. Mr M'Gowan thought that the difficulty was partly due to the dilatoriness of those interested in the dredges. It was a trouble that could not be settled in a day, nor a week. He did not at the moment see how to get them out of their difficulty. Perhaps the best way would be to resume the land for mining purposes. He would see what could be done ; but he thought it was a great pitv the recommendations of the Commissioners were not carried out in the first instance. Both parties had been waiting until one side was prepared to do something, and now the dredres were constructed and nothing was done. The difficulty was one that could not be met at once, but he would give it due consideration, and very possibly he would have to get another report made. Nelson Creek (West Coast) report 31oz for 134 hours.

THE SHARE MARKET. THI IQUTTABL* STOCK ZXCHAXGB report t!he following sales:—Ahaura, 5/3, 5/6; Alpine Consols, 39/6; Golden River, 6/; Majestic, 27/6; Merrimac, 23/6; Nelson Creek, 59/. OTAOO EXCHANGE. The Otago Stock Exchange report the following sales to-day :—BuUer Junction, 11/ ; Central Electric, 74/6; Electric, 51/9; Golden Link, 20/6; Grey River Consolidated, 13/3; Majestic, 27/; Second Magnetic, 29/6. DUNBDIN HXCHAKGI The sales this morning were as follow, last Monday's highest prices being also noted : Central Electric. 73/, 73/6. and 74/ (80/); Dobson No. 2, 13/6; Electric, 53/; Fourteen-mile Beach, 32/ and 32/3; GalTanic, 21/; Golden Bed, 28/, 28/3, 28/, 28/3, and 28/ (21/9); Junction Electric, 31/6; Kelly and Oassev, 33/ (36/9); Otama., 2/; Vincent Extended, 40/. Quotations: Ahaura River—Buy 5/, sel 6/. Aldinga—Sel 6/. Alpine Consols—Buv 41/, sel 44/6. Alpine No. 2—Buy '45/9, sel 47/6. Arrow Junction—Sel 25/. Arthur Point—Sel 18/. Bendigo—Sel 5/6. Big Flat—Sel 2/ dis. Blackwater—Sel 3/. Blue Duck—Sel 18/. BuUer Junction—Sel 13/. Cairnmtrir—Buy 30/, sel'3s/. Centra! Electric—Buy 73/6, sel 74'6. Charlton Creek—Buy 31/6, sel 34/.' Dobson No. 2—Buy 13/, sel 15/. Eclipse—Buv 26/6, sel 28/6. Electric—Buy 52/, sel 53/. Electric Extended—Buy 38/6, sel 40/. Empire—Buy 70/, sel 100/. Endeavor—Buy 20/3, sel 21/6. Enterprise—Buy 116/, sel 119/. Feddersen—Buyers paj\ First Chance—Buy 25/, sel 31/. Ford's Creek—Buy 7/6, sel 10. Fourteen-mile Beach—Buy 32/3, sel 32/6. Eraser Flat—Buy 10/. Galvanic— Buy 19/s,'sel 2L/„ Gentle Armie—Sel 41/. Gold Deposit—Sel 6/ (lis Gold King—Buy 15/, sel'l7-o. Gold Queen—Buy 26/3, sel 29/6. Golden Beach—Buv 19/, sel 21/6. Golden Bed—Buy 28/3. sel 23/6. ' Golden Link—Buy 19/3, sel 20/9. Golden River—Buy 5/6, sel 6/. Grand Junction—Buv 3'6, sel 4/9. Great Central—Buy 30/! sel 34/. Greenstone—Sel 1/9. Greenstone Bunctxon—Sel 25/. Grey River—Buy 20/, sel 30/. Grey River Consolidated—Sel 14/. Grey River Extended—Sel pa.T. Halfway House—Sel 43/6. Hartley and Riley—Buv 126/, sel 127/3. Hokitika River—Sel 10; IntihrHohne—Sel 12/6. Island Creek—Sel 2'6. Junction Electric—Buy 31.3, sei 32/ Kia-Ora—Sel 10/. Kelly and Casey—Buv 33/, sel 34/. Leviathan—Buy 20/. 'sel 22/9. Lower Enfield—Buy 3/ dis, sel 1/6 dis. MacChaTlton—Sel par. Magnetic—Sel 28/. Majestic—Sel 28/! Maori King—Sel 29/. Maori Queen —Sel 34/. Matau—Buy 48/, sel 51/6. Meg and Annie—Sel 70/. Merrimac—Buy 18/, sel 24/. Millers Flat Electric—Buv' 3/, sel 4-6 Mokoia—Buy 24/6, sel 25/9. Moryneux Hydraulic—Sel 24/. Molyneux Kohinoor—Sel 2/ dis. Monring Star—Buy 4/6, sel 5/9. Mosquito—Buy 6/9, sel 7/6. Naunwi—Buv'lß/, sel 20/. Nelson Creek^-Buv 59/6, sel 65/. Nevis—Sel 20/. New Alexandra—Buv 11/3, sri 127. No Town Creek—Sel 2/6. North Beach—rSel 3/6. Otago—Sel 21/. Otama—Sel 3/. Pactohjs— Buv 25/. sel 30/. Patftolus No.'2—Sel 2,1. Premier Waikaka.—Buy 1/. sel 2/3. Richards's Beach—Buv 2/6, se' 5/6 Riley's Beadh—Sel 15/6. Rise and Shine—Sel 2/ dis. River Molyneux—Sel 5/. Roxburgh Jubilee (paid)—Buv 20/, sel 21' Sailor's Bend—Buy 37/3, sel" 40/. Second Magnetic—Buv 25/6, sel 50/6 Stafford Wnimea—Sel" 2/. Tacon's CardTona—Sel 5/. Teviot—Buy 1/6 dis, sel 1/ dis. Three-mile Greenstone—Buv 20' sel 'l/ Tuapeka—Buy 24/. Upper Magnetic—Buy 27/6, sel 32/. Upper Waipori—Sel 6/6. Victory—Buy 8/. sel 10/. Vincent—Sel" 42/6. Vincent Extended—Buy 39/6, sel 41/. Waikaka Forks—Buy 5/. Waimumu—Sel 25/. * Wareatea—Sel 3/9. Watterson's Consols—Sel par. Woodstock—Buy 3/9, sel 4/9.

GOLD QUEEN DREDGING COMPANY

The second annual meeting of the Gold Queen Dredging Compamy was held on Friday evening last, these present being Messrs T. Lodge (chairman). A. C. Broad, J. Wa.rdell, D. White, E. Hart, H. Adam, and T. Scoirlar.

The directors, in their report, stated Ih-.-t the dredge started work on 23rd July las,-, but owing to the faulty working of the machinery during the first three months inanv stoppages occurred, and by the time .things were getting into fairly good working order the river had risen, thereby necessitating the dredge being removed from the -middle to the side and bank of claim, 1 where she has since been working, with at times fairly good results. The expenses of; management, maintenance,, and working"since the dredge started average £52 IBs per, week, or roughly. 13|oz, which compares favorably with other dredges of a like capacity. Now that everything ia connection 4 with the dredge is - working imore satisfactorily, and the river gradually fallijig, the directors bc-pe to see the dredge operating in .midstream at no distant date, arid with" much better results.

The Chairman briefly moved the adoption of the report, which was agreed to. Messrs T. 'Lodge and J. WardeU were reelected directors, •and Mr James Brown was re-elected auditor. .-.; V,.. ■"■■ c; 4