THE GOLDFIELDS.

New Zealand Herald, Volume XXXVII, Issue 11540, 27 November 1900, Page 6

THE GOLDFIELDS.

•,! : - 7 • , - AUCKLAND SHAREMARKET. A good amount of business was transacted on the Exchange yesterday. In investment lines New Zeala*d Insurances sold at 69a and 70s, with buyers left at 69s and sellers at 70s. National Insurances were done at 19s, further buyers offering 18s 9d, no sellers quoting. There was sustained inquiry f or i other stocks. In mining lines Broken Hills j changed hands at 6d, with further buyers at j s|d, sellers 6£<i. Monowais saw an advance i on Saturday's: prices, sales being effected at ; 4s 6d and 4s 9d, sellers closing at latter price, with tuyers at 4s 3d. In Upper Thames lines ;here was a practical boom in Waihi stock. Waihi Grand Junctions, which a month ago fold at 41s on a rising market, were looked lor at 645, without a selling price being quoted. Waihi Extendeds sold at an advance of 2s 3d on the selling price of a month ago, the sales recorded being 3a 4d, 3s 6d, 3s <d, 3s Bd, and 3s 9d, late sellers asking 3s lOd; with buyers at 3s Bd. Waihi Consolidated®, which were done at 7d at the time named, sold at Is lOd, and Waihi Souths saw business at Is 3d, Is 6a, and Is 7d, there being more of the latter offered at the last jlrice, with buyers /at Is 6d. Waihis also firmed, with sales at £12 ss, and buyers afterwards advancing to £12 ss, and sellers withdrawing quotation*. Talisman Consolidateds changed hand',;' at 15s. late sellers asking 15s 9d, buyers offering 15s 3d. Buyers of Woodstocks advanced to 6s 6d, without sellers. In Bar ter lines Barrier Reefs sold at 13s, with further sellers asking 13s 3d. ,! / BULLION SHIPMENT. The National Baiik of New Zealand shipped to Sydney yesterday by the Elingamite, for transhipment to London, seven bars of bullion, valued at £6500. MARIPOSA G.M. CO. (LIMITED.) The Mariposa Gold Mining Company (Limited) have been granted a further six months' protection for their property at Kuaotunu. The local management anticipate having news by the next San Francisco mail to the effect that the amalgamation with the Kapai-Vermont Gold Mining Company has been completed, so that it is possible that the full term of protection may not be taken advantage of. HAURAKI No. 2 G.M. CO. The winze in the Hauraki No. 2 Gold Mining Company's mine has been sunk a further 3ft through a splendid class of country for gold-bearing. The country is improving as sinking proceeds. No quartz hag been broken down during the week, but on Saturday last a start was made to supply the battery with ore for the commencement of crushing operations yesterday. NEW WHAU G.M. CO. Crushing was resumed on behalf of the. New Whau Gold Mining Company, at the May Queen Hauraki Company's battery at the Thames, on Tuesday last, and since then the battery has been running two shifts per day on the ore. At the mine the men have been engaged breaking down the reef in the s topes, both eastward and westward of No. 2 rise. Certain timbering has also been done in the intermediate drive. Progress has been retarded somewhat on account of two of the men having been engaged at the battery. In the eastern end of the stope the reef is 2ft 6in in width, and 3ft 6in in the western end, whilst a good description ol sandstone still exists. The lode is heavily intermixed with bright minerals, and looks really well, but the quartz is of a dark nature, in which it is hard to see gold. TAIRUA BROKEN HILLS G.M. CO. Mr. H. H. Adams, managing director of the Tairua Broken Hills Gold Mining Company's property at Upper Tairua, wired yesterday as follows: —"Cut (the) Blucher (reef) on the east side of the hill, in the drive on Seaver's leader. Good payable ore." PROGRESS-CASTLE ROCK G.M. CO. Operations have been confined to stoping on the Reynold's reef, north of the rise in the bottom level of the Matawai section in the Progress-Castle Rock Gold Mining Company's mine, at Coromahdel. The leading stope has been extended up to the end of the ground, a total distance of 40ft, and the second stope started off from the rise. The reef stripped has been taken down, and 141b of fair picked stone has been secured. The reef still looks very encouraging. ROYAL OAK G.M. CO. [BY TELEGRAPH. —OWN CORRESPONDENT.] Coromandel, Monday. ' In the P.oval Oak Gold Mining Company's mine the general manager is preparing for a considerable amount of development work. It is also intended to exploit the various blocks in the upper levels, whence there is a strong probability of a considerable quantity of gold being won. A tender has been accepted for a large amount of mining timber, which is to be delivered without detay. BUNKER'S HILL G.M. CO. [BY TELEGBAPH. —OWN CORRESPONDENT.] Coromandel, Xuondiy. The recent rich ore found in the Bunker's Hill Gold Mining Company's mine, was taken out of No. 1 reef. This lode continues to give promise of profitable yields in the early fuiure. Stoping operations wil/ shortly be resumed. KATHLEEN CROWN G.M. CO. [BY telegraph. —OWN CORRESPONDENT.] Coromandel, iuoriday. The general manager, Mr. H. Battens, put on six men in the Kathleen Crown mine to-day. The resumption of work on this promising freehold property affords general satisfaction. The present intention is to thoroughly prospect the ground from the adit level, from which a considerable amount of backs a,re available. Old hands are confident that golden lodes exist on the property, and the problem to be solved is whether they are of a payable character. GUMTOWN. [BY TELEGRAPH. OWN CORRESPONDENT.; Coromandel, Monday. Plans for the Kapowai Road are in an advanced stage, and tenders are expected to be called in a few days. No time will be lost with the completion of the job, so as to enable the carting of the battery machinery. DREDGING. [BY TELEGRAPH.—PRESS ASSOCIATION.] Dttnedin, Monday. During the week returns have been reported from 37 dredges, the total yield being 1105oz sdwt 3gr, or an average of 290z per dredge. Upper Waipori, 430; i 6dwt: Golden Gate, 250z 12dwt; Richard's Beach, 19oz lOdwt; Tuapeka, 17oz 15dwt; Evans* Flat, 15oz ldwt; Chatto Creek, 12oz"4dwt. DUNEDIN SHAREMARKET. [BY TELEGRAPH.PRESS ASSOCIATION.] \ . Dttnedin, Monday. Dunedin Exchange sales at premiums : Electric Extended, 31s. 325, 32s 6d, 32s 9d, 32s 3d, 32s 9d, and 32s 3d ; Gibbston, 3s, 2s lOd, and 3s ; Grand Junction, 7s 6d, Bs, 8s 3d, 8s 6d, 8s 3d. Bs, and 8s 3d ; Grey River Consolidated, 3s ; Hokitika River, 4s 9d ; Pactolus, 19s and 18s 6d ; River Molyneaux, 5s ; Roxburgh Jubilee (contributing), 3s. Sales were also effected at the following prices :Alpine Consols, £2 4s 6d ; Arrow Junction, 28s 6d ; Dobson No. 2, 20s 9d; Geld Queen, 23s ; Grey River, £2 2s 6d and £2 2s 9d ; Hartley and Riley, £6 18s, £6 19s, and £6 18s ; Junction Electric, 28s 6d : Leviathan, 39s 3d ; Magnetic, 31s, 30s 6d. and 32s ; Merrimac, £2 3s 6d ; Richards' Beach, 20s ; Roxburgh Jubilee (paid), 21s ; Second Magnetic. 30s; Upper Magnetic, £2 3s ; Waikaka Forks, lis 9d and 10s 9d. Lady Charlton shares were sold at 6d discount. Otago Exchange, paid up: Galvanic, 36s 3d : Nugget, 9s 9d ; Saltwater Creek. Is discount. The prize-winners in the children's sections at the late exhibition are required to make written application for their prizes not later than Saturday, December 15. The application should bo made through the guardian or parent, who must, except in the ease r-l bouquets made up in public schools, certify as to the age of the child on November 23 last. Special purchase: Seventy-five wc'.l-cnt and finished sma.rt costumes in drill, duck, pique, khaki, and holland; wholesale price, 10s 6d, 12s 6d, 14s Cxi, 17s 6d up; our prices, 7s lid. 8s lid, 10s 9d, 13s 9d up.—McCullagh and Gower's. GOUT. , • To promptly euro gout, sufferers should eliminate the urates from the system by taking Bishop's Citrate of Lithia. It is strongly recommended by the Lancet and British Medical Journal. Of all chemists, in two Ibises, v