MINING.

Lyttelton Times, Volume CVI, Issue 12550, 11 July 1901, Page 2

MINING.

WEST. COAST NOTES. [From \Quk {Jobeespondent.] , GKEYMOUTH, JulyAq. Owing to the non-arrival of sorao material, chiefly dus to a block in the skipping through a heavy sea on, the bar,, repairs to the Greenstone Junction dredge are not yet completed, and a start will 'scarcely ba made this week. . The work of erecting machinery on the Kohi Kohi dredge has been commenced. This claim is situated on the Matakitaki River, Hear Murchison. The contractor for the erection of the machinery on the Wareatea. dredge is hampered by having to repair the road!'before the tools, housing, and materials can be taken to the claim., The water has been turned into the dam. Work in connection with the •• Fairdown pontoons has been delayed, by the non-arrival of kauri' timber from Auckland. The contractor has erected a roof over the building site, so aa to be able to Work in all weathers. ' Prospecting on the Waiho hydraulic sluicing claim has proved' that tho'ctaim is highly,' payable. ..".;.■■' A return of ;15oz for 140 hours' work from tho .Greenp-.tone Creek is" a distinct "improve-" ment. Thi« dredge was a'good deal delayed by want of" fuel, and also by the displacing of its top tumbler. An improvement is expected this week. ' .1 . . Owing to a mishap to one of the cog-wheels on its winch, the Island Creek dredge was/ delayed. Fortunately, the directors of . the Wareatea Company have' given permission to use one of their dredge wheels (which is precisely the same, size) until a new one can be procured, whicli will be in about three weeks. DUNEDIN STOCK EXCHANGE./ [Per Press Association.'] DUNEDIN, July 1.0. Dunedin Stock Exchange sales—Bendigo 27s 6d, Cairnmuir 29s and 233 2d, Electric' Extended 335, First Chance 38s fid, 395, 38s 9d, Gold Queen 73 6d, Golden 'River 6s 6d, Great Central 265, Half-way House 80s and 30s 6d, Kelly and Casey 255, Leviathan 18s, Mokoia (preference) 23s 6d, Eiver Moiyneux 255, Vincent Extended 30s, 31s, 30s 6d, 30s 3d, 30s, 29s 6d, 283 9d and 30s. ■ .Otago Exchange—Boundary Creek 19s 6d,

Cairnmuir 28s 6d, Fourteen-mile Beach 44s 9d, Magnetic 23s 9d, Monte Ghristo £7s, and 26s 9d, Nelson Creek 57s Bd. 'Equhable Exchange—Alpine No. 2 445, Hartley and Riley 120 s, CANTERBURY STOCK EXCHANGE. The following -are yesterday's quotations of the Stock Exchange of Canterbury:—BullerJunction, buyers 5a 6d p, sellers 6s 6d p; Electric, sellers 50s pd; Greenstone Creek, sellers 19s pd; Grey River, sellers 23s 6d pd; Hartley and Riley, buyers £5 10s pd; New River, buyers 4a 6d: pd, sellers, 55,6 d pd; Pactolus, buyers 24s p; Reeves Proprietary, sellers 15s pd; River Molyneux, buyers 24s pd, sellers 27s pd; Reef ton United,' sellers 6d p; Welcome, sellers 20s pd; Levisihan, buyers 17s 6d pd, l tellers 20s pd; Mokoia, sellers 24s 6d pd; Nelson Creek, buyers 55s pd, sellers 60s pd. * ■ Tie" unprecedented weather on the Coast has interfered ""considerably with survey operations on the Montgomery Terraco sluicing claim. The engineer, however, reports that, if the weather.hoZds goad,,he.would complete the-survey, this week. Specification's : and plans are complete, and'tenders will be called nextiweekior the '.tunnel", ditching: and clearing .contracts. ; The Blackball syphon, line has been permanently fixed, the' length toeing 860 it, and thirty chains of race had been, pegged for the syphon outlet towards 'German Gully. The manager, Mr J. Hay, reports having been, engaged in driving tunnels in various portions of-the property with very .satisfactory results, proving that -the. gold is distributed Lover the whole area, the prospects giving from 2grs and' Bgr to lOgrper load.'This work is very.necessary,; as th<y information obtained will >be very valuable 'for the future working of the'property.! The directors: are determined to lose no time in having the various works carried out.