MINING.
The Revival dredge lost her lowet tumbler on Monday, the shaft breaking at both ends. A new one will be fitted in about a week.
The Molyneux Kcjhinoor dredge-mjetar reports that indications are improving. The Rise and Shine No. 1 dredge had to cut out a spit of ground this week.
RETURNS
Otago No. 2 : lOOoz, 129 hours. Hartley and Riley : 16oz, 120 hours. Molyneux Kohinoor : 9oz 7dwt, week. New Fourteen-mile Bea-ch : 14oz lldwt 132 hours.
Sandy Point: 460z ldwfc, 130 hours
Punt : 240z 9dwt, 128 hours. Revival : 6oz 7dwt, 75 hours. Rise and Shine No. 1 : 15oz 18dwt, 129 hoore. Rise and Shine No. 2 : 18oz, 124 hoars. Garden Gully : lOoz 17dwt, 3£ days. Charlton Creek : 16oz, week. Rising Sim : 20oz ldwt, 128 houm.
WEST COAST.
Pactolus No. 1: 750z 18dwt, 255 hout«. Paotolus No. 2 : 1340z 7dwt, 270 boons. Blackwater River : 38oz lOdwt, 198 hours. No Town Creek : 370z, 155 hoars.
New Trafalgar : 560z, 169 horns. Three-mile Greenstone : 1607., 93 hoars.
THE BMARB MARKET
DCTTKDXM MaLUfOZ
This morning's sales: Hartley au<l Riley, 20/; Sandy Point, 22/"; Roxburgh Amalgamated (ctbe.), 5/. Quotations : Alexandra Eureka—Sel 9/. Alexandra Lead—Sel 2/6. Alpine No. 2—Buy 1/3, »1 4/. Bignell's No Town—Buy 2/3, sel 3/5. Dunstan Lead —Buy 2/, sel 3/6. Bt trick—Buy 2/6, eel 4/6. First Chance—Buy 3/6, sel 7/6. New Fourteen-mile Beach—Buy par, s*l 10/ premium. Go-den Bed—Buy 10/, sel 14/. Golden Run—Buy 10/6, sel 16/. Island Block—Buy 3/9, sel 3/9. Manuherikia—Buy 12/, eel 18/. Molyneux Kohinoor (etbs.) —Buy 3/6, sel 5/.
Muddy Creek—Sel 56/. New Alpine Consols—Buy 4/. sel 7/. New Bendigo—Buy 1/6, sel 6/. No Town Creek—Buy 9/6. Riley's Beach—Buy 3/9, sel 3/9. Rising Sun —Sel 16/. Sailor's Bend—Buy 7/6, sel 8/. Roxburgh AmaJgamated (cite).— Buy 4/6. sel 5/6. Waihi—-Sel £8 15/. Kurunui Caledonian—Buv 2/4. sel 2/9. Talisman Consolidated—Buy 21/9, sel 22/6.
Westnort Coal—Buy £6 14/. New Zealand Oil and Coal—Buv 1/3. Dalgcty—Buv £5 13/. National Mortgage—Buv 60/, sel 62/. Milbnra Lime (20/ paidh-Buy 25/'. Milbizrn Lime (10/ paid)—Sel 48/. New Zealand Drug (40/ paid)—Sel 48/. New Zealand Paper Mills—Buy 22/.
STOCK EXCHANGE NOTES
River height, 9ft 6in ; weather mild. The week ended with a little spurt of basbejs on 'Change. A number of dredging stocks were quoted that hare passed unnoticed lately, and iu many eases there was a readjustment of prices, the market, tending downward. New Fourteen-mile Beach only commanded inquiry at par, FirstChance at 3s od, Mandienkia at 12s, ind Sailor's Bend at 7s 6d, while Hartley and Riley shares sold at the even £l—the lowest they have touched, one might saw since the dredge started work. Sic transit gloria mundi. There is a little consolation to be found on turning to the list of in vestment stocks. Westport Coals, for instance, seem to be touching high-water itark. Bad though the outlook is in dredjring. there are a couple of century returns in this week's list That from tie Pactolus claim is, however, for. about a fortnight's work.
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Bibliographic details
Evening Star, Issue 12865, 14 July 1906, Page 8
Word Count
492MINING. Evening Star, Issue 12865, 14 July 1906, Page 8
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