MINING.

Lyttelton Times, Volume CV, Issue 12532, 20 June 1901, Page 2

MINING.

WB&2 OUST NQTE& <JRSYSiOUTH, Juua 19. ■fhe Grey Kiver is, in Jreah ■to-cfey,. >aad. consequently all dredging operations, on ihat ■stream wer». «3.u?pe;ndeet. J* i»' probaibie that there will, fee, #0 "wash-up this week of dredges on .tbft jiujier «nd Grey itivers. Notwitha>*ttd,i»g a. fresh, ia the. New River, >ihe New lUvw dredge, is, working, and a good, return, ia expected, bu* it wail not bo, as good as if lit* Mtoesum. were not] swollen. , IMje OjeenMone ©reek dredge is now in tSe creek, and ia almost _in a th«? #*«?©• favourable prospects were obtained. She is stajted to 'bo on good gold, amd an improvement in the return is expected. '£he Koh-i-noor claim is 'being bored- It ia reported 'that th« recent gold, find at Isoss refers <to tlie .above ciwm. uairea horea were sunk, each, giving payable •results. *46 (thifd one is said 'to give the richest prospects ever obtained in the district, A repw* by Messrs Oivt-ten Bros, on tlie, MO3qujitoj Company's claims shows tihat) five botes were sunk, wtik the 'fo&lwing results;—-N«, I, W$ depth fttffc 6in, oowtenia of. bore 769,6 cubic inches, goid result -007 grainy; No, 2, total dopth 20ft, counts of Bora 810 cubic inches, gold result .41 grains or equal to 23.616 grains per cubic yard; 'No, 3 A 'totaui depth'Mft, contettta of bora 972 cubic inchsa, gold result .23 grains or equal to 11.04 grains per cubic yard; No. 4, - contents of 'bore 810 cubic inches, gold result 41 grain* or equal to 6,33 groins per cubio yard; No. 6, coaltarts of bora liu cubjo Michos, gold result .43 grains «r to 17.63 groan* per cubic yard, she poorness- of No. 1 bore result ia accounted for by the 'looseness of the gravel, the «fru#ioa paving formerly been an eddy. OX&GQ NOTES-. FFkom Otjb, Correspondent.] DUNEDIN, June 19. The Ngaihere Gold-dredging Company has decided to wind up voluntarily. Much strong language was ussd during the discussion, as to venoiors and holders of dummy shares. It transpired 'thai the claim was not even where it?., wra said to be when ih« company wa* floated. DUNEDIN STOCK EXCHANGES. [P£a Press Association.] DUNEDIN, June 19. Dunedin Exchange Sales—Bendiigo 255, Boundary ©reek 14s 6d, Fiord's Creek IQs, Fourteen-milo IBeacb 41a land 409 6d, Geld Queen 7s, IGolden Bed 19s 6d, Grey BJver 24s and 33s od, Junction Electric 28s <3d, Kelly ind Casey Q 3» 6d and 235, L;viajthan 26s 9d, 'Nelson iCreek 54s Od and 55a, New River 10s, Kiver Molyneus ffi2s, (Roxburgh Jubilee

19s, TevM 16ft 6d wjd 16» 3d, Vincefli 30s 6$ I and Bfta 3d, Extended 13a 6d. ' Qtyiga 'Qh>nc.e 3,3.3 6d, J&ehitiirdtf Besc& ?4j, SMW? '?>wd 50a 6d W& 503* . Equitable 'Greek 1,65. 3d, Qold'eu, Ss, '9.3, Sixie«vfflil& B.&aoh Ms , - ■ T&9. following are, yesterday's quotationi of tb.e> S'toQt Exchange of Canterbury:—Al, sellers 20s 6d'pd; Ahaura River, ss, p; Butter Junction, setliks 7« p; Pavis JPencl,.buyers 19 9d p, sellers 3a 6d p} Electjrio,, bttjfeT* 48s P", sellers 48a 6d pd;, F&st Chance, seller* §ss pd; Great. Woodstock, sellers 15s pd; Greenstone. Cxe.©k, «Mera Sis* ©d; Grey Rwer/, sellers 25a pi; Grey Kjvor Extended,. Bellera pax; Grey Moaa-reh,,.fibers par; Kelly and Casey, sellers 27s 6d pd; Kohinoor, sellers 6s 64' P! Kohjuoor Extended. s.eSerl 6d. p.; &effiathan, buyers 24s pd, sellers 27a pdj Nelson Creek, "buyers 54s Pd> aellew 6,64 mi New River, buyers 10? pd» sellers 10s 9d pd;' Pactolus <No. 3,-sellers p»r; Prince of Wales, 4s p;. Red Jacks, buyers 245, pd. Sellers 25s pd; Saltwater - Creek, sellers pax; Threet-niile. Greenstone, > buyers 12s p; Waipuua, sellers 168 pd. ... '.