MINING.

Evening Star, Issue 12101, 6 November 1908, Page 6

MINING.

Tho_ Manuherikia dredge was stopped on Friday last on account of the ladder hangers breaking She started woik again on Tuesday night. The Masterton dredge-master reports for the past week ;—“We had a fair run again this week, the only stoppages being to put on buckets. We have nearly finished overhauling the bucket chain, as thirty buckets are finished, leaving three on the chain and three spare ones yet to do. The ground still keeps about the same, without any change worth mentioning.” During the month of October the Barewood Gold Mining Company crushed 504 tons of ore for a return of 2020z 3dwt of melted gold. The annual meeting of the Bakery Flat Sluicing Company called for yesterday lapsed for want of a quorum. The following is the annual report:—“ In handing shareholders statements of accounts for the year ended September 30, 1908, the directors beg to report that operations are still carried on under the old arrangement with Mr Johnson. A large paddock •is at present being taken out on the deep lead, the dish prospects from which are encournjing. A partial wash-up of bottom stuff will probably bo obtained in about three weeks from date, when the true character of the deep ground will be better known. The retiring directors are Messrs Wm Brown and L. C. Hazlett, who, with the auditors, Messrs Barr, Leary, and Co., are eligible for re-elec-tion.” No telegram as to the height of the river at Alexandra was received by the Exchange to-day. The directors of the Rising Sun Gold Dredging Company have declared a dividend of Is per share, payable on Tuesday, 10th inst. A Wellington wire states that the gold export returns for the September quarter give a total of 536,2600z, against 621,1070z for the corresponding quarter last year. The New Trafalgar dredge-master reports having had a broken run of 124 hours for the week, caused through having to resplice the rope and drive and rebush the tumbler shaft. Everything is running, well, but the ground is very rough, and is pulling the bucket runners about. The machine is, however, getting over a fair amount of ground. He thinks that returns will improve as soon as the boulderp decrease. THE SHARE MARKET. WTTNTtDIN XZBSANOX. Quotations : Alexandra Eureka—Buy 3/6, eel 4/6. Blackwator—Buy 6d, eel 2/6. Chicago—Buy 9/, eel 12/. Electric—Buy 2/, eel 3/6. Enterprise—Buy 2/6, eel 3/6. Golden Bed—Buy sel 9/6. Hartley and Riley—Sel 17/. Island Block—Buy 9d. Lady Roxburgh (centvib.)—Buy 3/6, eel Manuherikia—Buy 10/, eel 12/. Molyneux Hydraulic—Buy 11, eel 3/. Kura—Sel 15/. Muddy Creek—Buy 22/6, eel 40/. Mystery Flat—Sel 40/. New Fourteen-mile Beach—Buy 1/6, eel 3/6. ' New Trafalgar —Sel 19/. No Town Creek—Buy 10/. sel 13/6. Pactolus—Buy 10/, eel 12/. Riee and Shine—Buy 28/, eel 51/. Rising Sun—Buy 32/, sel 36/. Roxburgh Amalgamated (contrib.)—Buy 4/7, ael 7/. Big River—Buy 35/6. Barewood—Sel 15/. Talisman ConsolWscted— Buv 40/3. eel 40/9. ' Waihi—Buy 177/6. eel 183/. Waihi Extended—Buy 3/, eel 3/9. Waihi Grand Junction—Buy 33/, sel 34/. New Zealand Crown Mines—Buy 4/41, eel 4/9. Standard Insurance Company—Buv 22/3 eel 23/6. ‘ 1 Westport Stockton—Buy sel 10/3. Commercial Property Company (10/) Sel 3/9. National Mortgage Company—Sel 61/. XW Zealand Drug Company, Ltd. (£2) New Zealand Portland Cement—Buy 28/6, eel 28/9. New Zealand Portland Cement (new issue) —Sel 8/9. Kauri Timber (ord.)—Buy 13/, sel 13/9. D.I.C. (pref.)—Buy 21/. New Zealand Paper Mills—Sel 23/. '