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MINING NEWS.

'(tip Jubilee Goldmining Company intends ;o increase its capital h.v £5(1(10. and a prospect us of the company appears itt this issue. The objects for wbicb,lbe capital is being increased are to put in an adit level, to complete the aerial tram-line, to ereot a .building over tin* battery, and, if possible, to eons'.;net a

water-race so that the ma-f.iiuery may he driven by a Peltou wheel. The company originally aciptired e i E h ly-oue acre- of auriferous ground in tile Top Valley iWairanl. and now possesses a ten-bead battery driven by a new portable engine, with all the necessary accessories. One of the reefs, which has been proved, varies in thickness from ISin to oft. and has been traced for the full length of the claim, vim, -10 chains. Another reel has also been traced for over otlllft, and min ires further prospecting. Government, has authorised Hie expenditure of £250 on the road lending to the claim.

YESTERDA Y’S QCOTATI () N 3

WELLINGTON STOCK EXCHANGE

Ahattra Hirer, sellers Is GJ p; Aylmer Lead, sellers Od dis; C.mlnma Valley, sellers £1; Central Electric, sellers £1 ; Charlton Creek, sellers C I IS -; .„„iv<)ii No. 2, sellers .Cl 8s; Ford’s Creek, sellers Cl Is; Four River Plain, sellers !)d p: Fourteen-mile lleaeh, sellers £1 Ids; Great, v.reenslone, sellers par; Green;* tame Creek, sellers Cl. L>s; Greenstone Gold, sellers' Is p; Grey River Consolidated, -sellers -I* 0d n_i Grey River buyers £2 Ids, sales £2 17s ltd; Gold Owen, buyers £1 1"'-; Golden Vein, sellers par; Hokitika Jniu-Mou, buyers Is Gd p : Jones’s Flat, sellers os ltd p, sales 2s Gd ; Koblkobi, buyers -Is !)d p; Koldun.t (paid-up), liny, r-. Cl os; Keep-ii-!)ark -miters... CM 7s; Maori King, buyers )s 6d p, sellers 2s ltd p; MaoVi Queen, sellers Ids p; Mokoia. sales £1 ds Lid; Mosquito, buyers 2s p, sellers 3s. sales 2s Gd; Merrimae. buyer- £1 Ids. sellers £1 IDs; No. 2 Mafau. sellers’lid dis; New River, sellers Is 3d p; Noto-wu Creek, sellers ds p ; N. Z. Crown, sellers 11s; N.Z. Talisman, sellers £1 3s: Paetolus, sellers -Cl : 10s p; Perry’s Reward, buyers 3d p. sellers Is; Prince of Wales, sellers Os Gd p; Reef ton United, buyers Is p, -ales 2s; Reeves Proprietary, buyers CM Is sellers £1 5s Gd; Rocklands Reach, seders £1 2s; Ruby Creek, buyers (is lb. p, sellers 7s 3d ; Ruby Crock (paid-upl. sellers £1 3s 6d ; Totara Flat buyers 2s p sellers 3s, sales 2s Gd : Undaunted, sellers £D 10s: Vincent, sellers £2 2s Waihi sellers £l2 Ids ; Watlii Ex I ended, Imvers Is Bd. sellers 5s 3d; Wlia.npnu.tn, sellers Is; Waipnna Creek, -e.b'rs Gd dis. 0 R. Watkins, Chairman. ! C. If Morpeth, Secretary.

1 DUNEDIN SUAREMARKET. 1 PRESS ASSOCIATION. I DUNEDIN, January .18. I To-day’s Dunedin Stock Exchange sales 1 Premiums — Aidinga, 4s Gd; Grand Junction, 6s Gd; Long Valley .22? J'-i; Mosquito, 2s and 2s lid; Shellback, Is 3d. „ | Paid up—Charlton Creek. 36s Gd; Endeavour. 23s Gd; First Clianco. 29 s Gd; Wnrrteeii-mile Reach, 325; Cold Queen, 32s 9d and 32s Gd : Grey River. 58s, 57s Gd, 575. 565, 55s Gd, 555, and 54s 9d; Halfway House, 425; Inehohno, Os ; Nelson •Greek. --IBs and 17s Od ; New Alexandra, 10s Gd, l&os, 120 s Gd, -1% 20s 3d, 19s Gd, I9s 9d, and. 19s Gd; Nnuget, 2s 10.U3; Reeves Proprietary, 2. r is»"9<l, 25s Od, 25s 3d and 25- (id; Waimuinu Central, 23s Cd ; Waipnna, 30s ydj 31s, 30s 9d.

OTAGO EXCHANGE. Premiums —Ahnura River, 9<l; Bf'iidigo, 7s; Buller Junction, 2s 9cl. Piucl ill)—Arrow Junction, 335; Loviathail, 40s. EQUITABLE EXCHANGE. Premium#— Maori King, Is 9d. Paul up—Electric, 48s; Galvanic, 325; Gentle Annie, 45s Cd Golden River, Os 0(1 • Meg and Annie, G7s; Rise and Shine, Gd discount.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19010119.2.47

Bibliographic details

New Zealand Times, Volume LXXI, Issue 4259, 19 January 1901, Page 6

Word Count
627

MINING NEWS. New Zealand Times, Volume LXXI, Issue 4259, 19 January 1901, Page 6

MINING NEWS. New Zealand Times, Volume LXXI, Issue 4259, 19 January 1901, Page 6