MINING.

Evening Star, Issue 14529, 31 March 1911, Page 6

MINING.

The '. Alexandra Herald' Teports the flotation of tho Dominion Dredging Company, which has been formed locally to work the old Davis Bend, Golden Falls, and River Molyneux claims, situate in the gorge about twelve mile 6 below Alexandra. For this purpose the company has purchased the Island Basin dredge, which will be dropped down the river this week. Mr Andrew Young, at present employed j on the 909 dredge, has been appointed master of the company. The Waihi Gold Mining Company's return for the four-weekly period ended tho 18th inst. is £60,258. from 30,365 tons. The total output of the mine to date (corrected) is £9.255,388. WAIHI SHARES. Press Association—By Telegraph—Copyright. LONDON, March 30. . (Received March 31, at 9.52 a.m.) Waihi : Buyers, 63s 9d; sellers, 66s 3d. Junction: Buyers, 255; sellers, 27s 6d. THE MOUNT LYELL RETURNS. Press Association—By Telegraph—Copyright. MELBOURNE, March 31. (Received 31, at 10.5 a.m.) The Mount Lyetl returns from February 23 to March 22 (inclusive) 6how that 30,607 tons of ore, and also 49 tons of • purchased ore, were treated. The conI verters produced 661 tons of blister copper, containing :—Copper, 653 tons; silver, 434750z ; and gold, 870oz. TWO -MORE LARGE NUGGETS. Press Association—By Telegraph—Copyright MELBOURNE, MaTch 31. (Received March 31, at 10.5 a.m.) Two more nuggets, weighing 2700z, have been found in the Woahhawp mine. THE SHARE MARKET. bUKEDIN EXCHANGE. Sales reported : —Junction, 37s 6d ; Mosgiel Woollen, 695; N.Z. Drugs (new issue), 8s p; Golden Beds, 14s 3d. Quotations: — —Dredging.— Blackwater (con.)—Sel 9/. Blackwater (pd.)—Buy 5/, sel 10/. Golden Bed—Buv 14/, sel 15/. Hartley and Rilev—Buy 12/, sel 16/. Riso and Shine —Buy 29/5. —Quartz. — Kurunui Caledrnian—Buy 1/, sel 1/3. May Queen—Buy 1/8, sel 1/11. N.Z. Crown Mines —Buv 3/5, sel 3/8. New Sylvia—Buv 2/9, sel 2/11. Old Hauraki—Buy 2/, sel 2/2. Saxon—Sel 2/2. Talisman Consolidated—Buy 49/9, sel 50/6. Waihi—Buy 62/6, sel 64/. Waihi Grand Junction—Buy 26/9, sel 27/3. —lnvestments. National Bank of N.Z.—Sel 121/6. National Insurance Co.—Buy 28/3. ' Union St3.im Ship Co.—Buv 39/5. Westport Stockton—Buy 3/9. D.I.C. (or.:!.)—Sel 5/9. N.Z. Drugs (new issue) —Buy 7/lOj V, sel 8/ p. ; Milburn Lime and Cement (£1) —Sel ', 40/3. N.Z. Drug Co.. Ltd. (£2)—Sel 43'. N.Z. Paper Mills—Buy 23/6. sel 24/.