MINING.

Otago Daily Times, Issue 10624, 20 March 1896, Page 2

MINING.

AUCKLAND SHAKE MARKET. ! s . Abckijhd, March i 9. ' The following are the quotations for shares Vi the leading mines on the Auckland share market:— ■ BUSINESS XKWBi v ■ Sales. Buyers. Sailers, s. d. s. d. Hazelbahk... ... „ Ss6d 3 3 3 9 Moanataiari IDs 10 0 10 9 New Whau ..; 9d, BJd 0 6| 0 8 Scandinavian IOJd 010. 011 Victoria ;.. 3s lid 3 U i 0 Golden Link ...' ... Is 0 9 10 Kapai-Vermont _ ... 7a 610 1 3 Midas .„ .;. la9cl v lslod 1 9 111 Central ._ ... le 3d, la 2d 1 1 13 Grace Darling ....;. 18 8d 18 18 Golden Fleece .„ ... 65d 0 6 0 6J Imperial ... . _ ... la6d 16-18' Qneen of Waihi 2s M, Ss lid 2 8 211 ist. Patrick... ... ... 7M 0 61 0 74 Talisman 9i Cd, lfts 3d 10 0 10 3 r Talisman Extended ' ... Is6d 15 17 Victor ... ... „ 43 3 9 3 3 "Waihi Codbols ... z. lsrfid 15 16 Waitekauri No. 2 ... 8d 0 7 0 I'D Zion; _ .„ 6d — 0 « Heitmann Freehold ... lOd 0 8 13 KlngofWsvlnt ... ... U 0 5 oßi Fonr-in-Hand „. lsHl«<Sd 13 16 PukeWhau ' ; CJd 0 6 0 7 Pride of Tobatea .„ lsSd, Issd 14 1. 8 : BDyRRS. • Albarnia Eusr, id; Uambria, Is 4d; Cily of Dunadin, Is 6d; Cardigan, Is 6S; C3DBSB. Freedom, Is Id; JJay Queen, 7s 6d; New Albtimia, 4s 6d; M»y Queen Bxtcadad, 4d; Arore, Is 3d; Invictli, 34j Jupiter, 3s 3d; Kiiiiotunu, Is Id; Maori Ihtara, Is sd; Slaoriland,- Sd; Waifcaia. 3a; jono, 4d; Byroaßay) Is ; Huanai, Is 3d; Nil Desperandum, sfl ; New Zealander, 4Jn ; Pprtsea, 6d ; Puririi 5d j Stanley, 3d; Wealth of Nations, 4d; Young N«w Zealand, Is Id; Jewel, 6d ; Bunker"a Hill, 6d 3d; (J6romandel Freehold Proprietary, is 6d; Golden Lead, 7d; Hauiraki No. 1, laid; H«b*ir View, 4Jd ; New fclolcouda, is 3ut; New Tokatea, Is Id; ■Welcome Find, 2s-8U ; M'yuyardton, 9d. NOTES FROM AtJOKLAND: > AtTCKLiND, March 19. A wonderful specimen of stone froui I<3gg's resfi on the HuriukiJnine', weighing 161b, when Bmelted produced fiiia'z nt gold, Viln« £200. , : Ths specimen had been puichusHd from the tributers fov £160 by Mr Dalily. "£hi gold sunltaafj prepared for the ■b\itg.-jiti« mail slißws that the Ahck-' knd mines produced during the month gold tu'the valasi of £55,900, hotwitbstandlng that-the Wailii and other hiities were running reduced stampers owing to.Ec»rclty of wnter. Hetr Schtaeisser laft Auckland last eveHitig by the s.s. Waihora for .Sydney, afta? having Bpent the last fortnight inspecting properties on obi goMfieldu. He was also collecting information fot the purpose of writing a scientific work oli the Ausiiftlasion goldiieHs. Mr Provis, who came over with the expert, sb ro vi&\t Tiyrua, Konmta, WhahgaraataT Karsngaluike, Te Aroha, Wait*, kauri, and Waihi. He will be accompanied Broucd the fields by Mr Wh*lJcy (surveyor) and "Mr B. 0. Beale1 (solicitor), jlerr Witkuian purposes remaining here for another two monthi, and an assay plant is to be set up at the Thames, to test sampius of ore from various properties. It is also understood that another tlerman mining expert is on the way out. .

MR ZIMAN'S SYKDiOAffi. WELLINGTON, Mslrcn 19. The rainmg Bjrndießte which Mr Ziman h»8 formed lists a capital of nearly a quarter of a million* It includes one of the Rothschilds* Baron Hirsch, a iiumbisr of prbmiiieut Anglo* Australian merchants, and several Wellington capitalists. Mr Zirnsin .ia due here in- three weeks, bringing with hiiu six or seVen tuising experts. The proimriJei acquired by tho syndicate are to be worked vigorously oh the vary latest principles. A board of management has' been {orined in London, atid a board of advice is to be set up in WelliiiStoh. Mt- Jones, a retired Johannesburg mining expert »nd a man of considerable wealth, who in ulso a member of the Ziman syndicate, ia coining to New Zealand shortly to settle permanently. ■ ■ DREDGING CLAIMS. ' . This Cromwell Argus reports:—" The excitement enussd by tbe earnings of the EUsotric Company's dredge at Cornish Beach still continues, and it is intensified by th*; reports circulated of their weekly yields. We have it, on authority that can be hardly doubted, that during one shift of eight hours about a fortnight ago, when cleaning a piece of bottom, that 8(>t» were obtained iv the shift, rtnd last Week's yield is stated to have been -2Uooz. This naturally has set many who have a little capital nt their diSpoBM asog, arid dredging claims ate lining taken up on each of tha rivers in the neighbourhood. Some of these no doubt will lie allowed to fall through for lack of capital, hut there are several that will for certain have-dredges placed- cm thorn, and with every prospect of success. The Electric Company, we understand, arc entering into arrangements for two large dredgesj each to cost about £4900. These will bs far more powerful than their present one, ai they find they cannot bottoui the deepest ground without a greater length of ladder and more power. Orookatdn and party's dredge oh the Clut.ha Will be ready for work in a month or five weeks, and if they are successful there will pc a rush at once to nut dredges on the claims taken up there. ■M*Lny and Falcpnet'B pcintdons will be commenced as soon aa the timber is doWn, in about three weeks. Two or three claims have been taken up this last Week, which, there in every reason to believe* will turn out well. Messrs Aithen and Allan.hftvetaken upthe lower end of theNtvis rivef where it debouchel into the Kawarau. In the early days Wonderfully rich ground was got just at the junctions but nothing has been done there for years, as the .tailings from both rivers mndS such accumulations that no meana of working it could bo found. IMr W. Anderson haS marked off the riVer ot the Kawarau Gorgfc above the Electric ConlJany'B ' ground. From tha amount of gold got in th£ terraces from Gee's flat downwards, there must be large deposits iv the river itself, beside the large amount lost iv the early days in the r lnicing clMms on each side." ; The Teviot Herald reports:— The Edina dredge washed Up on Saturday lasti theit return licins; about (lie same wr last weuk—via., 13bz, ■ Tim return from the Duhediri dredge for the patjfc week was s£oz. J?roni all accounts the large ft: turns are not' ceasing. Kumonr states that. Pringle mml party are to the fore with their now dreilce, having washed up over IOObiB for one week's work. Whether this is truo or not ia a i matter of conjecture to outsiders) as tHtcompany is purely a private one."

PRODUCTION OF GOLD. In view of Uio piesent raitilbg boom it Western Australia, .and tits receal boom Is

Johannesburg, frequent inquiry-is made mto how the output of gold from New Zealand compares with that of thnse places. The followlsg comparative statement of the output for the past two years will therefore be of interest :— ' 1894. 1895. „. , Ounces. Ounces. Victoria 716.055 740,086 New South Walea ~. 324,787 3Co,]fio ' Queensland .. ... 679,511 623,000 South Australia ... 35,844 47 343 Tasmania 57,873 54.984 Western Australia... 207,131 231,513 New Zealand ... 221,533 : 293,491 .T0ta1..., ...2,243,634 2,350,E«2 Johannesburg ... 2,024,102 2,277,68,*!