MINING.

Otago Daily Times, Issue 11048, 28 February 1898, Page 2

MINING.

NOTES ITOOM AUCKLAND. (Per United Pkess Association.) Auckland; February 27. lons.—An offer made for anY option of flotation oV.er this Great Barrier property has been declined by the directors. Grace Darling — The syndicate holding an option over this Waitekauri property has obtained ati extension of time for one r. month and paid £100 for the concession. , - NOTES FROM REKFTON. (From Our Own Correspondent.) Reefton*. February 27. Midday Quotations.—Alpine Extended, 5* 6d tft 6s; Ei» River, 83 6d to 9a fid ;'-Buller dred^, 5s to 6i; Roaunans Exploration. 644ij$d; Cumberland, Is 6J t.o 2s •. Dillon, Is .to Is 6d<jQolden Lead, Is 6dto Is 91; Hercules, 6cl to 9d ;;Keep-it-Dark, 15s 6d to 16s od ; Kirwan"s Reward, 4s to 5s ; Lord Edward, 6U to 9d ; Progress Mines, 25s to 30*. e ßuller Dredge.— The jefciira is 2Soz 17dwt foi 132 hour;. The toial for the month (less five days lost through floods; is ldio% 4dwt. Big River. —The mine. infinaKer reports :—" Th« crosscut from No. 6 level has been extended a further distance of 17ft.: We have'crossed several small leaders, but none of them are gold-bearing. In the winze below the intermediate level wp have .sunk to the bottom of the stone and are nov\ working it up. The block ift very short, about 4f( ,'lonpr, but the quality is very good." Mr Reeves reports a return from the Enterprise dredge of 230z 19dwt 13gr for laßt week. The Dunedin Stock Exchange report the following returns for last week :—Otago Dredging Company, 340z ; Golden Gate Dredging Oomptny, 19oz 16dwt; Goldea Treasure Dredging Company, 16oz (tni' five days). The secretary of the Clyde Dredging Company (Limited) reports a yield of 320z for last week. The river is sft above the normal maik on the Alexandra bridge ; this is slightly lower than it lias beeD for some time past. MrS. E. Brent, acting secretary for the Shotover Quartz Mining Company (No Liability); informs us that the shares have been overapplied for. This company was formed to acquire* and work the property which lately belonged to the Gallant Tipperary Quartz Mining Oomnany in the Shotover district. The capital is d£fii!oo, in 24,000 shares of 5s each, of which J2.000 shares, paid-up to 2s 6d each, were allotted 1o the vendors in full payment for the special claim, battery, <fee. The Roxburgh dredge has changed hands, six local repidents having bought it at the price of For the present it will be kept on the ground where it now is, but will ultimately Dt shifted to the old ground south of Roxburgh.' ' The Dunstan Times reports that the Molyneux hydraulic dredge for the week ending the 23rd inst. obtained 220z ldwt 4gr; value i'S5 18s sd. The Kyeburn dredge at Naseby is reported to be doing fairly well for a start. It is credited with having got close on 30oz for a week's work.

A Wellington telegram says that ia the' Mid* l«nd v. Wellington cricket match yesterday A, B. Williams, batting for the former dab, again scored a century. It is believed to be a record for the colony for a batsman to have scored OTer a century in each iuniogs. In the senior club contest the Wellington Clnb • now require 501 rnns to win. The Senior Cap looks a certainty for the Midlands, as they have not lost • awteb' tkisaeuaa. -