THE GOLDFIELDS.

New Zealand Herald, Volume XX, Issue 6750, 6 July 1883, Page 6

THE GOLDFIELDS.

fBV TELEGRAPH. —OWN CORRESPONDENT.] Thames, Thnrsday evening. Sharemarket.—Bright Smile, buyers 2s Id ; Deep Level Cross, buyers 3s 9d ; Hand of Friendship, fellers 2s 3d ; Manukau, Is 6d ; Imperial 40s, buyers 41s ; Queen of Btauty 17s, sellers 17s Gd, buyers 16s Gd.

Quken of Beadty.—SSOlbs of specimens and picked stone yielded 3G3ozs of gold. The lode beyond the slide, at No. 10 level, is feet past the break, and is favourably mineralised. The lode seaward is also coming into its original course again.

HoiKON*.—The rise has holed through to the winze from the Te Papa.

Bright Smile.—7olbs. of specimens were obtained from the third stope eastward. The mine looks w> 11.

Kuranui Hill.—A ton of quartz from the lode intersected in the prospecting drive from the shaft, and eupposed to be Hunt's reef, yielded Sdwts. Driving on it has been commenced.

Seymocr.—The chamber at the bottom of the shaft will be commenced to-morrow.

At a meeting of the Oriental Bonanza Amalgamated, Otanui, it was decided to form a company with 30,000 sbares. Mr. Harcourfc was appointed Secretary, and Messrs. Dakin, Douglas, Bobbett, Townsend, Curtis, Vaughau, and Adam Porter directors.

SOUTHERN MINING. At the meeting of Wellington shareholders in the Golden Crown Company on Monday night, Mr. Maceannounccd that a rich reef, four feet thick, had been struck, bearing stone superior to reefs which he had known crush G 'Z3. to Sozs. to the ton.

The Welcomes are quoted at 120 a ; Fiery Crosses have gone up to 15a ; Keep-it Dark, firm at 4Ss.

The Just-in-Time winding gear is being erected with reasonable speed. The Bank of New Zealand shipped from Weatport per Orawaiti, to Lyttelton, for transhipment to s. s. lonic, for London, one box containing lOuGozs 12dwts 12grs gold bullion.

The West Coast Times says :—We have been shown some excellent gold-bearing specimens of quartz from the Red Queen reef, at Mokihinui, in the Buller district. The quartz was literally studded with the precious metal.

A small rush (says the Hokitika morning paper) is reported to have taken place in the old Lamplouj'h. The fact that gold is being got in the locality in payable quantities leaked out accidentally.

The Welcome returns show the gratifying result of 5700z3. from 80 tons is recorded. The Keep-it-Dark is also improving, 3500z5. being recorded for the week's crushing of 200 tons.

Ross United.—The monthly report of the Ross United tt.M. Co. up to the 19th June, says :—The main shaft is now down 209 feet, or within 45 feet of the celebrated Cassin's level. The various operations of the company are being rapidly pushed forward. The extension of the drainage tunnel towards the company's shallow workings is now far advanced, the contractors driving an average of 50 feet per week. When this tunnel is completed, the large hydraulic lifts now being made by Messrs. Kiucaid, McQueen, and Co , Dunedin, will be erected on the site of the old Turbine claim, where the ground is already opened up, and ehowicg payable returns. This end of the company's property is in itself very valuable, owing to the existeuce of payable gold from the surface to a clepth of 120 feet, or the bottom of the main drainage tunnel. The duplicate pumping engines made by Messrs. Price Brothers, Thames, were shipped per e.s. Omapere on Monday last, and should be in their position in the main Bhaffc early this month. The erection of this second set of hydraulic engines given by the company's, magnificent water power, standing 325 feet above the roairr shaft, should for ever set at rest the question of drainage of the Rose flat.