MINING NEWS.

Evening Star, Issue 12768, 22 March 1906, Page 6

MINING NEWS.

The Golden Bed dredge has stopped work for two or three days to allow of holler inspection and putting a new section in the screen. THE SHAKE MARKET. DtrjrroiN exchange. This morning’s sales—BignelTs No Town, 5/; Riley’s Beach, 5/3. Quotations — Alexandra Bonanza—Buy 7/6, sel 8/4*. Alexandra Lead—Sel 4/. Alpine No. 2—Sel 9/6. BignelFs No Town—Buy 4/9, sel 6/. Central Charlton—Sel 10/6. Chicago—Buy 12/7*, sel 13/6. Duns-tan Lead—Sel 4/6. Electric—Buy 24/6, sel 26/6. Enterprise—Buy 8/, sel 9/. Ettrick—Buy 3/6. Golden Bed—Buy 17/6, sel 19/. Golden Run—Buy 25/6, sel 28/. Hartley and Riley—Buy 23/, sel 24/9. Island Block—Buy 4/6, sel 5/3. Molyneux Kohinoor—Paids, sel 12/3; contribs., sel 10/. New Alpine Consols—Buy 10/11. sel 12/. New Roxburgh Jubilee (pds)—Buy 12/, sel 14y3. Riley’s Beach—Buy 5/, sel 5/6. Rising- Sun—Sel 20/. Sailor’s Bend—-Buy 15/, sel 17/9. Waikaka Queen —Buy 3/, sel 4/, Roxburgh Amalgamated—Paids, buy 4/; contribs., buy 3/7*, sel 4/. National Bank (rights)—Sel 52/. Bank of New Zealand—Sel £8 15/. Standard Insurance—Buy 18/. Commercial Property—Sel 7/6. N.Z. and River Plate—Buy 29/. New Zealand Portland Cement— Buy 50/. STOCK EXCHANGE NOTES. River height, 6ft 6in. Apart from the sales made in rather low-; priced stocks this morning there were one j or two movements of interest., Golden Bed \ values underwent a decided recovery, asj buyers offered Is 6d advance on yesterday’s market without getting within Is 6d of holders’ quotations. Hartley and Riley shares .were also in far better favor with buyers, who improved on yesterday’s offers to the extent of 4s without being able to secure shares. Good demand continues for Roxburgh Amalgamated scrip. Not much attention is bping given to investment securities just now, hut for a few stocks such as Standard Insurance and New Zealand Portland Cement buyers are offering good prices. - REPORTED GOLD DISCOVERY. There is a rumor at Rotorua that gold has been discovered on Maori land be-

.tween twenty and twenty-five miles from Galatea. A number of men are camped close by waiting permission from the Maoris to go on the land. The Native Minister (the Hon. Mr Carroll) and Mr Eidd, M.H.R., have proceeded to Galatea.