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MINING NEWS.

The Meg and Annie report 68oz for the week ended April 5. The Olrig report 660z odwt for 117 hours. The Karnsckugh No. 1 report 550z 15dwt for the week ended April 5. The Unity report 53ojs for five days. The Empire (two dredges) report 520z 15dwt for the week ended April 5. The Golden Bed report 460z Bdwt for the The Earnsclengh No. 2 report 420r, lOdwt for 77£ hours. The Perseverance No. 2 report 31oz 16dwt 6gr for five days. The Golden Run report 250z 12dwt for the week ended April 5. The Success report 20oz 13dwt 9gr for 139 hours.

The Golden Gate report 19oz 14dwt for five days. The Golden Treasure report 18oz lOdwt for the week ended April 5. The Otago report 18oz for five days. The Royal Waimumu report 16oz 16dwt for 124 hours.

The Enfield report 16oz lldwt 12gr for the week ended April 5. The Alexandra Eureka report 15oz for five davs.

The Perseverance No. 1 report 14oz 7dwt Bgr for three days. The Happy Valley report 14oz sdwt for the week ended April 5. The Waikftka, report 13oz 4dwt for 130 hours.

The Nels'on Creek report 3060k for 132 hours.

The No Town Creek report 31oz for five days.

The Lawrence report. 12oz 18dwt for four and a-half days. Tho Waikaka Queen report 12oz for eighty-six hours. The Gentle Annie report lOoz for the week ended April 5. The Golden Run pipes report 260z for the week ended April 5. The Globe report 14oz 9dwt for 196 hours.

The following West Coast dredges report: —Hokitika Kiver (120 hours), 330z ; Rocklands Beach (90 hours), 270z 4dwt; Premier Buller (110 hours), 250z lOdwt; Red Jacks (88 hours), 19oz "14dwt; Greenstone Creek (86 hours), 6oz. A Greymouth message states that the Waiwhero Sluicing Company returned 175cz of gold for the month. The Inchdale dredge has stopped working for the purpose of fixing a new top tumbler, rebushing the buckets, and generally receiving a thorough overhaul. A new hear raee is also being cut through their own ground, which will obviate any chance of damage during floods, and when the dredge

starts work again everything will be jn such a condition as to ensure a long run without any further stoppages. A certain baroness, Lillian Von Tike, of noble German birth, and a Klondykc prospector of considerable success, tois, it in said, lately in Chicago buying mining machinery and a portable house for use in the Alaskan goldfields. The baroness has been in the Klondyke for four years. She was left a fortune by her father, made money speculating in wheat in Los Angeles, then lost heavily, and finally struck for the Klondyke. She went largely for adventure, and she loves the v life there so well that she will go back and continue in the fight for gold. The baroness is -bnying hydraulic mining machinery and a ton-room portable house, which will be shipped in sections to Cape Nome. She is thirty years old, accomplished, and unmarried. She takes her title from her father, Baron Karl Von Tilse, of Leipsic. As this is all taken from an American source it is open to correction.

THE SHARE MARKET.

DTJNEDrN RXCHANGK. This morning's sales were : Aldinga, 23/ ; Junction Electric. 20/6; Meg and Annie, 20/9; Manuherikia, 34/; Nelson Creek, 71/, 71/, 70/; Pactolus, 71/6; Rise and Shine, 23/6; Roval Maori, 13/; Upper Magnetic, 7/9; Victory, 28/. Quotations: Aldinga—Buy 23/, sel 24/'. Alexandra Lead—Buy 5/, sel 5/6. Bendigo—Buy 1/. Bouudary Creek —Buy 5/. Coal Creek —Sel 8/. Cromwell—Buy 52/6, sel 65/. Dunstan Lead—Buy 10/, sel 10/6. Electrio —Buv 35/, sel. 39/. Enterprise—Buy'2B/, sel 30/9. Ettrick—Buy 10/, sel 14/. Excelsior—Buy 3/6, sel 4/. First Chance—Buy 7/, sel 8/6. Gentle Annie —Sel 18/. Gibbston—Buy 1/, sel 1/6. Gold King—Buv 6/9, sel 7/. Golden Chain—Buy 12/6, rel 15/. Golden River—Buy 7/3, sel 7/6.. Golden Run—Sel 19/6. Groat Central—Buy 7/. Greenstone Junction —Sel 25/. Grey River Consolidated —Bav tyll, sel 2/. Hokitika River—Buy 7/6, sel 11/. Inchdale—Sel 13/. Junction Electric —Buy 20/, sel 20/6. Kelly and Oasey—-Bny 6/, sel 7/6. Kohinoor-—Sel 12/6. Leaning Rock—Buy 12/, xel M/ 3. Leviathan —Buy 5/6. Magnetic—Buy 3/, sel 6/. Majestic—Sel 15/. Meg and Annie—Buy 20/9, sel 21/6. Molynenx Kohinoor- -Sel 1/ dis. Mystery Flat—Buy 35/. Mosquito—Sel 23/. Manuherikia— Sel 35/. Nelson Creek—Buy 69/, sel 75/. Ngapara No. 3—Buy 3/. No Town Creek—Buy 21/, sel 24/. North Beach—Sel 14/6. Old Dunstan—Buy 1/. Olrig—Buy 24/, sel 26/6. Pactolus—Buy 71/, sel 74/. Riley's Beach—Buy 3/. sel 7/. Rise and Shine—Buv 23/6, s<M 21/. Roval Maori—Buv 12/, sel 14/6. Trafalgar—Bur 28/, sel 29/6. Upper Magnetic—Buy 7/6. sel 7/9. Victory—Buy 27/6, sel' 28/6. Waipori Consols—Buy 30/. Watterson's 7/. Woodstock—Buy 5/.

STOCK EXCHANGE NOTES. The message from Alexandra this mornins; read: "River 6ft; weather fine." For a Monday, the market was exceptirnally brisk this morning, and a fair amount of business was transacted, principally in West Coast stocks. The return from the Nelson Creek claim justifies the best expectations and constitutes a record for the Coast. It is a splendid return from an "all-the-year-round" claim, and "makes the marble good " of those who were buying iu at advanced prices last week. The return had not been officially announced at the time the Dunedin Exchange were sifting this morning, and, though, most of tie men about the corner knew pretty well what the figures were, there was just room for a little uncertainly. Wo da not suggest, however, that this was the cause of sales at 71/ and 70/ after West Coast buyers had beeen offering 75/ on Saturday. These occurrences have almost ceased to be peculiar. Tt seems to bo the ride that prices are higher hi anticipation of a return than when the return is actually announced, no matter how good that return may be. The Nelson Creek's luck is also gratifying to those who have been buying Aldingas and Victory*, and the purchasers of Trafalgar stock have even - reason to be pleased with the Pactolus return. Several parcels of Aldingas changed hands this morning a#2s/; Nelson Creeks were the medium of business at tho prices above related ; Pactolus sold at 71/6; a-nd two lots of Victory's went at 28/. There was a limited amount of business in Molyneux stocks. Dunslan Leads sold at 10/; Golden F>eds showed a firming tendency, and this company should soon be in the dividend-paying list, for tho silt trouble is overcome by putting on baby elevators; Golden Rivers could have been sold at 7/3; transactions were recorded in Junction Electrics, Manuherikias, and Meg and Annies ; two parcels of Rise and Shines were, quitted at 23/6; and Royal Maoris and Upper Magnetics also changed hands. Tho liver is not dead yet.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19020407.2.68

Bibliographic details

Evening Star, Issue 11725, 7 April 1902, Page 6

Word Count
1,117

MINING NEWS. Evening Star, Issue 11725, 7 April 1902, Page 6

MINING NEWS. Evening Star, Issue 11725, 7 April 1902, Page 6

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