MINING.
River height this morning, 10ft; weather mild. The Mount Lyell Company have consigned 605 tons of blister copper for the current half-year. The Alexandra Lead dredge-master reports a slight improvement in the ground. He expects the hard gravel to give out very soon, when improved returns may be looked for. He will then be able to put more stuff through. The ground is rising in front, and the bottom is expected to do likewise, when better returns are sure to be won. Under date May t, the Masterton dredge-master writes that the -dredge had a good run again for the full length of the cut as usual. Everything is running well, and tnere is very little change in the ground. The Sailor’s Bend dredge-master expects to start dredging about the first week in June. The New Big River mine manager reports that the April battery run was 7690z 7dwt of retorted gold, valued at £3,000. from 520 tons. The concentrates and tailings have not yet been treated. THE SHARE MARKET. PCNTtDIN EXCHANGE. Quotations:— Alexandra Eureka—Buy 2/9, sel 4/9. Alexandra Lead—Buy 3/6, sel 4/. Charlton Creek—Sel 6/. Golden Bed—Buy 9/6, sel 12/. Hessey’s—Buy 3/3, sel 4/3. Koputai—Sel 50/. Manuherikia—Sel 22/6. Molyneux Kohinoor (paid) —Buy 1/6, sel 2/3. New First Chance—Buy 3/6, sel 5/3. Pactolus—Sel 22/. Rise and Shine—Buy 24/6. Rising Sun—Buy 27/, sel 28/6. Tasmanian Copper—Buy 4/3, sel 6/. Talisman Consolidated—Buy 49/3, sel 51/. Waihi Grand Junction—Sel 3/6. Waikaka Queen —Buy 5/6, sel 7/6. Waihi Extended—Buy 3/3. Big River—Buy 20/6. National Bank—Sel 106/. Standard Insurance—Buy 22/, sel 22/6. Union Steam Ship Company—Buy 34/3, sel 35/. J Westport Coal—Buy 138/, sel 140/. New Zealand Coal and Oil—Buy 1/. Milbnrn Lime (20/ paid)— Buy 27/. New Zealand Portland Cement—Bay 28/, sel 31/. Donaghy’s Rope—Sel 126/.
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Bibliographic details
Evening Star, Issue 12944, 6 May 1908, Page 6
Word Count
293MINING. Evening Star, Issue 12944, 6 May 1908, Page 6
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