MINING.

Lyttelton Times, Volume CV, Issue 12540, 29 June 1901, Page 2

MINING.

■ WEST COAST (NOTES. [From Cun Correspondent.] L GBEYMOUTiH, June 28. Good average returns are expected to-mor-row, the dredges having run steadily. Ahaura is still doing alterations, and has not done much work. The ■ (Leviathan return .should be better than last week’s, -but i. is now niotty' well proved -that it will be some weeks yet ere the -dredge gels to the spot where a previous phty ol -siuioers .stopped- work. ii-U then the returns will be pateny. ihe -Not (River return will be poor, indeed, there is little gold showing on -the tables. prospecting on Shrives s Treasure is satisfactory. Ford’s Creek is on good gold. Grey River should give a good return. The Greenstone Creak dredges should give .good: yields next week. The -silting has been got rid oh and tho damage by flood is being remedied. Ji.ricKson’s Reward does not show much improvement. The Nelson Creek return will bo better than last week’s, but not up to the former yield. The machinery is much worn, aim a fortnight' will ,be occupied in repairs. Paotolus will show her usual return. . The share market showed a slight revival, llfit is- still very dull. Investors are groaning under the weight of calls. • [Per Press Association.] GREYMOUTH, June 28. Tho Waiwheto .Sluicing Company, North Beach, washed up 184 oz of retorted gold for forty-eight shifts, or 384 hours-/* value £725. This is considered an excellent return.

OTAGO NOTE’S. [From Our Correspondent.] DUNEDIN, June 28. The Point d’Or, Golden Gully and Royal Sovereign Dredging Companies recovered judgment in -the Magistrate’s Court to-day for calls due -by shareholders, domiciled at Wellington, Christchurch and Central Otago. At an adjourned meeting of snaienoldere m the Chalk Creek Gold- Dredging Company, held this afternoon, if was -stated that a circular, which had been issued to the shareholders some -time ago, asking them to .contribute 2s per share towards a fund to have the dredge test the upper portion of the claim, had met with very meagre support. Reconstruction was mooted, -but eventually it was decided that tho company should bo wound up voluntarily, and 'Mr A. J* C. Brown was appointed liquidator, at a fee of £25. ; The Nelson Creek and ' ‘Charlton Creek dredges have had to stop for necessary repairs. \ DUNEDIN STOCK EXCHANGE. [Per Press Association.] DUNEDIN, June 29. ■Dunedin Exchange sales at premium—-Vic-tory 2s, Is 6d, Is and Is- Bd. Paid up—Arrow Junction 19s, Bendigo 25s Gd, Boundary Greek 12s 6d, Oairnmuir 2Xs and 20s fid, Endeavour 19-3 3d, Fourteen-miio Beach 455, -44 s 9ct, 45s -and 4'ss Bd, Gibbs’s Beach fis fid and 7a, Gold Queen 10a 3d and 9s, Golden Link 14s 9d -and 14s 6d, Golden River fis and fis 3d, Grey River 22s fid, Half-way House Sis, Junction Electric 80s, Magnetic 265, 26s fid, 26s Od and 26s fid, ■Mokoia 18s od, Nelson Creek 66s 6d, 66s 9d and 57a, Sixteon-milc Beach 17s, Yinoen-t 29s 9d. Otago Exchange—Alpine Consols 445, First Chance 84a fid and 84s 9d, 'Second Magnetic 80s and 80s fid. Equitable Exchange—Golden Bed 20s. DUNEDIN, June 28. Dredging returns—Waimumu Extended 23 02 Ifidwt, Waimumu Central 220 z 12dwt. CANTERBURY STOCK EXCHANGE. The following are yesterday’s quotations of the Stock Exchange of Canterbury;—Caledonia, sellers -par; Callaghan Creek, sellers 4s fid p; Ford's Creek, sellers Ids pd; Golden Gravel, sellers 20s pd; Golden Reward, sellers 20a pd; Grey River, buyers 22s fid pd, sellers 23s pd; Leviathan, sellers ISs pd; New River, sellers 10s pd; Teremakau, sellers 4s 9d pd; Three-mile -Greenstone, sellers 19s pd; Welcome, sellers par. 1 IMr H. A. Bruce, secretary of the Waiwhero Sluicing- and Dredging Company, Limited, has received the following telegram from the mine manager:—Washed up 184 oz for fortyeight shifts.