MINING.

Lyttelton Times, Volume CV, Issue 12402, 16 January 1901, Page 2

MINING.

DUNEDIN STOCK EXCHANGE. [Per Press Association.] L DUNEDIN, Jan. 15. At the Dunedin Exchange, sales were inade to-day at the following premiums: —Ahaura River 9d, Aldinga 4s, Erickson's _Reward Bs, Paiidovm 6d, Grey River Couso.idated 4s da, Hokitika Extended 9d, Maori King Is 9d, Mokoia (new issue) Bs, Mosquito 2s 3d, Notown Creek ss, Roxburgh Jubilee ss. Paid-up-Arrow Junction 325, 32s 3d and 32s Gd, Central Electric £3 17s and £3 17s 6d, Electric £2 Bs, Electric Extended £2, Fourteen-mile .Beach 325, Gentle Annie £2 5s 9d, Grey River £3 ss, £3 4s and £3 3s 6d, Half-way House £2 3s, Junction Electric 28s, Kelly and Casey 30s Gd, Leviathan 365, Merrimac 36s 3d, Metallic 2os •and 24s 9d, Mokoia 26s 3d, Monte Christo 345, New Alexandra 11s, 11s Gd, 12s 9d, 13s, 13s 3d and 14s, Upper Magnetic 34s 4£d, Vincent Extended £2 6s, Waikaka Forks 12s 6d. Discount —Rise and Shine Is Gd, Ross Daydawn Is, Teviot 2s. Otago Exchange sales at premiums:—Caledonia 4s Gd, Hokitika River 13s 9d. Paid-up-Boundary Creek 33s 6d, Gold Queen 30s 9d. Equitable Exchange:—Alpine Consols 425, Garibaldi par, Meg and Annie 67s Gd. '.CANTERBURY STOCK EXCHANGE. The following are yesterdays quotations: Sales —Red Jack’s, Gd; Al, sellers 235; Bald Hill Flat, sellers par; Bullet’s Junction, sellers 2s Gd; Bignell’s Notown, sellers par; ■Caledonia, sellers ss; Callaghan's Creek, sellers ss; Central Electric, sellers (paid) 80s; Claughesey’s Freehold, sellers, pur; Commissioner's Flat, sellers par; Digger’s Pride, sellers par; Dobson No. 2, buyers 26s Gd, sellers 30s; Erickson’s 'Reward, sellers 8s; Golden Gravel, sellers Is; Golden Reward, .sellers 6d; Golden United, sellers Gd; Green‘stone Creek, -sellers (paid) 84a; Greenstone Junction, sellers (paid) 27s 6d; G-rey River, sellers (paid) G9s; Grey River Consolidated, sellers 4s Sd; Grey River No. 3, sellers 7s 6d; Grey River Extended, sellers 2s 6d; Grey Monarch, sellers 2,3 Gd; Hartley and Riley, sellers (paid) 1403; Hokitika Extended, sellers Is Gd; Hokijika Junction, sellers 2s 6d; Koh-i-noor 'Extended, sellers. Is 3d; Marsden No. 1, buyers 225; Major Robin, sellers par; Mkrsden No. 3, sellers, 4s; Mosquito, sellers 2s Gd; Maori King, buyers Is, sellers Is €d; Murchison, sellens Is; New River, sellers 11s; Paotolus No. 2, buyers Is 6d, sellers 2s 6d; Pactolus No. 3, sellers 9J; Perrett’s Junction, sellers par; Prince of ’Wales-, buyers 5s Gd- Perry’s- Reward, buyers Gd; Red Jack’s, buyers 3d, sellers 1-s; Reeves’s Proprietary, buyers 255, sellers 2Ss; Reefton United, buyers Is Gd, sellers 2s; Saltwater Creek, sellers 3d- Shellback, sellers Is; Smith’s Creek and Bannockburn, sellers 3d discount; Tacon’s Cardrona, sellers (paid) 20s; Teremakau, buyers par, sellers 3d; Tucker’s Flat, Victory, sellers 9s; Waimea, sellers par; Waipuna, buyers 275; Watterson’s Consol's, buyers Is 6d, sellers 3s; Welcome, sellers par; Westland, sellers Gd; Waipuna Creek, sellers 6d.

Tha Shotover Quariz Mining Wmpanj has obtained the following favourable results from a sample of pyrites sent to the Otago School of Mines for assay:—Gold 14oz 16dwt 14gr per ton, silver 7dwt 19gr per ton. The " Otago Daily Times ” states that the directors of the Old Diggings Gold Dredging Company, Limited, have issued a circular to their shareholders in which they state that as a result of two bores made by the engineers, Messrs Cutten Bros., at different points of the claim, very satisfactory prospects were obtained. The bores show that prospects exist in the gravels right down to the bottom. Mr James M’Kay, of Inangahua Junction, a director of the company, who was .appointed by his co-directors to supervise the boring operations on behalf of the company, reports that the gold -is most uniformly distributed from top to bottom, and he is more convinced than ever that the Old Diggings will be the Hartley and Riley of the Duller. A dredge is to be procured as speedily as possible. A telegram from the West Coast received yesterday morning states that the rivers are falling, and the dredges, delayed on account of the height of the waters, are getting to work. _ There seems every prospect of work continuing uninterruptedly for this month. A private letter from Greymouth received in the city states that though mining affairs have been quiet on the West Coast, investors in the Grey Valley, Inangahua and Bullor properties are quietly buying up all available stock. February is expected to bo a record month for gold returns, and West Const people- confidently expect some big rises in dredging stock. The winch of the Ford’s Creek dredge has broken down. The damage was slight, and the dredgemaster hoped to have it repaired, and to wash up to-day. The Dome Creek dredge, which commenced operations on Jan. 9, is working smoothly, and giving every satisfaction.