MINING NEWS

New Zealand Times, Volume LXXI, Issue 4332, 16 April 1901, Page 6

MINING NEWS

GOLD RETURNS. The secretary of the Four River Plain Gold Dredging Company, Limited, re-nf-rts that last week the dredge obtain'd lOoz tldwt for 118' hours' work, rr.nss association-, DUNEDIN 7 April 15. During the week ended to-day reports have been received from ‘forty-six dredges, the total yield being 1607uz lodwt. or an average of 34 oz per dredge. Additional returns—Upper Waipori, 2Goz 12dwt; Evans Flat. 19oz 6dwt; 01 rig, 9oz 2dwt °gr. Clyde, 390 k ; Gabriel, 15oz Gdwt ; Lawrence, lloz, lOdwt ; Empire, 520 z lldwt; Enfield. IGoz lOdwt: Meg and Annie, 4Goz 14dwt 12gr; Wainuimn Extended, 13ok 12d\vt : Nelson Creek, 71oz for 130 hours’ work. WEST COAST NOTES. PIIESS association. HOKITIKA, April 15. The Greenstone Junction Dredge is working full time, having got through old workings, and has reached bottom. The first washing takes place on Saturday next, and although a big return caimot he looked for until the face is opened out, the dredge is expected to give a good account of itself. The Greenstone Greek Dredge had a washing up on Saturday. The result -.\a.s 3oz. The dredge is doing splendid work, and there seems no doubt that when the face is properly opened out in the course of a week or so, that good results will ho obtained. The machinery for the Hokitika River Gold Dredging Company's dredge, now lying at the railway station, is by far the heaviest that has yet arrived on the West Coast in connection with the dredging industry. It waa designed by Cutten Bros., of Dunedin, and constructed by , Fraser Bros., Auckland. Cartage to the company’s claim has already commenced. The work, owing to the great weights of some of the parts, is not an easy task.

YESTERDAY’S QUOTATIONS. WELLINGTON STOCK EXCHANGE. Quartz —Croesus, buyers 2s ; Monowni, buyers 2s 3d, sellers 3s; Now Zealand Crown, sellers 13s; Waihi Extended. sellers ss; Wailii Grand Junction, sellers £2 15s. Sluicing—Humphrey’s Gully, .sellers 6s; Undaunted, sellers £9 17s 6d. Dredging (West Const, Nelson and Marlborough)—Avlmeir Lead, sellers par; Four River Plain, sellers Is dis; Greenstone Gold, sellers Is 6ci p; Grey River Consolidated, sellers 13s Del; Grey River, sellers £1 9»; Hau Han, sellers £1 Is; Jones’s Flat, par; Kohikohi, buyers 5s p, sellers Os 3d; Mahinapua, sellers 14s ; Marsdcn No. .1, par; Notown Creek, sellers £3 15s; Premier Bullcr, sellers par; Red Jacks, sellers 4s. Gd p; Rocklands Beach, sellers £1 Is; Totara Flat, sellers Is 6d p; Waipuna, sellers £1 Os Gd; Waipnua Creek,, sellers 6d dis. Dredging (Otago)—Cardrona Valley, sellers 10s ; Charlton Creek, sellers £1 17s 6d ; Chatto Creek, sellers 12s Cd; Endeavour, sellers £1 Is, sales 19s lOd; Golden Chain, sellers par; Junction Electric, sellers £1 12s; Kelly and Casey, sales £1 13s 3d; Merrimae. sellers ICs. O. S. Watkins, Chairman. C. D. Morpeth, Secretary. DUNEDIN SHARBMARKET. PRESS ASSOCIATION. DUNEDIN. April 15. To-day's Dunedin. Stock Exchange sales were; Premium—Maori King, 4s. Paid-up—Alpine Consols, £2 5s 3dand £2 4s; Alpine Ko. 2, £2 2s 6d, £2 2s, £2 2s 6d and £2 3s 3d; Arthur’s Point, 20s and 28s; Electric, £2 13s 6d; Electric Extended, £2 3,s 6d and £2 4s: Fourteen-mile Beach, 31s; Gold King, 15s; Gold Queen, 235; Golden Link, 20S; Hartley and Riley, £6 12s 6d and £0 14s; Magnetic, 235 ; Upper Magnetic. 20s. Otalgo Exchange.—Golden Bed, 22s 9d; Great Central, 335; Half-way House, 40s; Kelly and Gasey, 335; Mokoia. 24s Gd; Nelson Creek, 66s and 67s 6d; Second Magnetic, 21s 3d. Equitable Exchange,—Enfield, 50::; Ford’s Creek, 9s 6d; Sixteen-mile Bench, 17s Cd.

QUOTATIONS

Ahaura River, sellers 6s; Alpine Consols, buyers £2 3s 9d, sellers £2 4s 6d; Alpine No. 2. buyers £2 3s, sellers £2 4s;. Arrow Junction, sellers 19s; Arthur’s Point, sellers 18s 6d. Bendigo, sellers 4s 6J p ; Blackwater, sellers 3d p.; Bonanza, sellers 4s dis; Buller Junction, sellers lls p. Cairnmuir, • buyers £1 6s, sellers £1 12s 6d ; Central Electric, sellers £3 12s 6d; Charlton Creek, buyers £1 ICrs, sellers £1 13s Cd; Clyde, sellers £3 lls; Cromwell, sellers £4 10s. Dobson No. 2, buyers 9s, sellers Its. Electric, buyers £2 13s Cd, sellers £2 14s 3d; Electric Extended, buyers £2 Ss 9d, sellers £2 4s; Enterprise*, buyers £5, sellers £6 10s; Erickson’s Reward, sellers £1 Is Cd. Fourteen-mile Beach, buyers £1 10s, sellers £1 lls. Galvanic, buyers 7s, sellers 10s; Gold King, sellers 16s: Gold Queen, sellers 19s; Golden Bed, buyers £1 Is 6d, sclera £1 3s; Golden Gravel, buyers 17s 6d, sellers 19s; Golden Link, buyers 19s 3d, sellers £1 Os Cd; Golden River, buyers 4s, sellers 0s; Golden Run, sellers £2; Golden Treasure, sellers £5; Greenstone, sellers £1; Greenstone Junction, sellers £1 10s; Grey River, buyers £l, sellers £1 10s; Grey River Consolidated, sellers 12s 6d.

Half-way House, buyers £1 10-s, sellers £2; Hartley and lliley, buyers £C os, sellers £6 16s. Kelly and Casey, buyers £1 10s, sellers £X X3s.

Lady Cardrona, sellers 5s dis; Lcriatlian, buyers 17s Gd. sellers 19s 6d. Magnetic, sellers £1 3s; Majestic, sellers £1 2s Cd: Maori King, sellers 3s p; Maori Queen, buyers £1 15s. sellers £1 ISs; Matau, buyers £2 losj sellers £3; Merrimac, buyers 7s Gd, sellers 13s; Miller’s Flat Electric, sellers ss; Moa Plat, sellers £1; Mokoia, buyers £1 Is 6d, sellers £1 4s; Morning Star, sellers 3s 3d. Nauinai, buyers 16s, sellers 17s; Kelson Creek, buyers £3 os. sellers £3 7s Gd; New Alexandra, buyers 9s. Old Diggings, buyers 2s, sellers 4s p: Orwell Creek, sellers Is dis; Otama, sellers 2s.

I’actolus, buyers £1 4s, sellers £1 Os p; Pcrrctt’s Junction Lead, sellers par; Perry’s Reward, buyers Ijd dis, sellers 6d p. Reeves’s Proprietary, sellers 16s; Riobard’s Beach, buyers 4d, sellers Is Id; River Molyneux, sellers par.

Second Magnetic, buyers 17s, sellers £1 3s; Stafford ‘Wairaca, sellers Is p. Teviot, buyers 2s Gd, sellers Is dis; Three-mile Greenstone, sellers £1 Is Gd; Trafalgar, sellers 7s p. Upper Magnetic, buyers £l, sellers £1 3s. Victory, buyers ss, sellers 8s p; Vincent, sellers £2 3s; Vincent Esteudecb sellers £2. Waimumut, sellers £1 8s Gd; Waijnumu Central, seders £1 Is 6d; Waimumu Extended, sellers 10s; Waipuna, sellers £1; Warcata (paid), sellers £1 Is; Willoughy Cardrona, buyers 5s dis.