MINING.

Otago Daily Times, Issue 10621, 13 October 1896, Page 3

MINING.

NOTES FROM AUCKLAND.

Auckland, October 12. The following are tbe quotations for shares in leatllns: mines ou tbe Auckland Share Market :—

DREDGLnG' RETURNS.

The secretary of the Dunedin Gold Dredging Company (Limited) received the following telegram from t_e ilredg-.-master on S-iturday :— "•Washed up for lb— gold." The Upper Waipori-'Alluvial Gold Dredging Company (Limited) obtained from SSo. 1 dredge looz Bdwt of gold aud from No. 2 dredge (ioz 13-Wt of-gold for last week's dredgicf;. The Jutland Flat. (Waipori) Gold Mining Company (Limited) obtained -S.z Odwt of gold for H_ Hours' wages time (i3S) hours' actual dredging) last week.

The Australasian in referring lo the output of gold by the Mount Morgan Company at Rockhainpton, Que .v.land, states th-t during the past 10 years £-1,2011,00. has, b.en paid in dividends from this famous mine alone, the output having beeH 1,_70,r180t,_. A correspondent, curious 'to ascertain the weight avoirdup.is of this mass of precious metal, works it out at _stns lqr 51b Boz. The number of uliires iv the company is 1,0i,'0,000, aiid the dividoiids have been it ihe rate of £-1 _.. on each £t paid up. The .nine authority states that there is. a further £8,000,U.0 worth of gold under foot iv reserve.

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