MINING.

Otago Daily Times, Issue 11659, 16 February 1900, Page 3

MINING.

The dredgemaeter of the Matau Company, washed; up yesterday 80o» for, three days' work. Unfortunately the Government boiler inspector will be paying his annual visit to-day, and will necessitate, the stoppage of the machinery for-two shifts, thereby in all, probability preventing the dredgemaster having the pleasure of'lowering his own xecord of 14Goz 9dwt for The directors of the Kia-Ora Gold Dredging Company at a,1 meeting held yesterday accepted tenders for tho pontoons, engine, and boiler. Mr Payne, engineer for the company, expects to-have tenders in for the machinery in a few The 'statutory general meeting, of the Royal Sovereign Gold Dredging Company (Limited) wits'held in tho company's office, Crawford strict. Dunedin, on Wednesday, 14th inst. The following, gentlemen were elected directors for the enimin:; 12 months:—Messrs Hancock. Aitken, Keliliev. M'Dowell, and Captain SundBtrom. i-Tlis latter.was elected: chairman. .Mr ,T. F. Bftiley was appointed secretary, and Mr William Reid auditor. The. statutory general meeting of the Horseshoe Bend Gold Dredging Company was held in.'iUe Ota?o Stock Exchanger Bank of New Zealand Buildings, last evening, when the following, gentlemen were appointed directors: — IV A. Hooper, James Laing, F. Proctor, Allan : Blackie, ,and J. Aiurrell (Cromwell). ' Mr G. Blyth was appointed auditor. The brokers of the'Cardrona Bonanza Gold Dredging Company (Limited) intimate that owing to one of thecountry brokers not placing the total-number reserved for hini at his request there arc now available for application ■ 40(1 shares. The Rolling Stone Company's dredge,'adjoining the Cardrona Bonanza, starts operations in a day or' two. The directors of the Big Flat Dredging Company (Limited), Waipori. who were elected at the ''statutory meeting on January 25 last, have accepted tenders for the whole of the dredje nlnnt through their consulting engirieei, Mr' Leslie 11/ Reynolds. The Work is to be pushed on .and completed in nine or 10 months.. A Robey engine and boiler has also been ordered. • ~'■,'

Tho directors of the Enfield Gold Dredging Company have accepted tenders for all the machinery. .The material for pontoons is now on Ithe ground, and the contractors will start •work immediately. The,engine and boiler were called..'for nearly a month ago, and it is'expected; that the dredge will bo at work in a little over six months./ ,

The" directors of the Gold Deposit.Dredging Company yesterday accepted tenders for'builclins'.the pontoons, to.be completed within.six ; months. The engine and boiler were also ordeTcd.' Mr Payne, consulting engineer, is calling!'tenders for machinery, and the directors are holding a special meeting to consider them as,.soph as receivea. ■ VThe' prospectus of Hhe GoHen Star Dredging '■■■.Company. (Limited) appears in our advertising columns of this issue. The claim^ of some 50 atrfts, is the key to the Island Block, with' about lalf a mile Molyneux River frontage. Of the 8000 contributing shares 4000 have been applied for. in Roxburgh and 3000 in Alexandra arid Clyde; but it has been arranged thit 4000 shares are reserved for Dunedin, the greater, portion oE which has already been applied^ for. The broker. Mr'D/G. Davidson, of Colonial Bank ■ Buildings, advises' us that Roxburgh investors are anxious to secure more thniirtlie number'above bespoken. The! directors of the ißcndigo Gold Dredging Comiariy (Tjimited) have orderecl the engine and boiler for the dredge, ami all the remaining'teiiclers for contracts -will; be closed.next wetk.; ''''■:■ " ' ' ■ ' ■- . - ■ ' . , The directors of the • River Molyneux Gold Dredging Company (Limited) have called for tenders for the pontoons and machinery. The engine.has already■ befen ordered. ■;

.< VSUNBDIN STOCK' EXCHANGE, Sales were effected: yesterday at1 the following : —Bendigo, 12s Gd; Cardrona NoV 1, \3s 6d; Dunstan' Lead, 17s- 6d and 18s Gd f:; Electric.. Extended, 12s;: Endeavour, 8s 6d,' 8a 9d, and Ss 6d; Ettrick '(new issue), .Bs.'7Jfl;; Excelsior, 4s 9d; First Chance, 17s; J'ourteen-inile Beach, 235; Gentle Annie, 9s 9d;,Gibb's Beach, 3s; Gold King, 8s and Ss 4id; .Golden Horseshoe..2s Gd; Grand Junction,. Gd and 9d; Inchdaie, Is Gel; Leaning Rock. Is 3d; Long Valley,'Bs; Morven Ferry, Is; Kelson Creek, 4s 9d; Prince Arthur, 6d; Boss Flat, 9d; Royal Maori, 10s 6d; Sixteenmile Beach, 6s lb^d'and 75.3a;--Tficbnl s Car-droiia,-8s 9d and 4s; White Star/.Gs :6a. Sales also .took place at the following,prices:—HartIcy 'ana Hiley, .211s; - Magnetic,.,G7s■ Gd; New Alexandra, 4Ss6d; Ophir, 2sJ Shotover,..3d discpunt. . ... ■. .■ i j -. ' • Me .following ore yesterday.? latest quotatione, subject to the, usual, brokerage:— _ Alexandra Load—Buyers 8s l?d, sellers 9s 3d

AWine Consols (paid)— Seller? £1 Us 3d. Alpine No. 2—Sellers 13s 6a p.; ' . ■ ; Irsow■ Junction—Sellers 7s'p. ' :-. ... ■. Arthur's Point—Sellers-par: " ..Alymer Lead—Sellers .Is ,3c1,.p. v ~. .. „ , Benaigd—Buyers 12s'p. ' ■"•■■■ :■ Big Hat—Buyers 6a, sellers Is p. ■Blue,Duck—Sellers 25.3d p. : ' .Boundary Creek—Buyers 5s p. ' ' • British Lion—Sellers Is p. .• C&rdrona No. 1-Buyers 3s 3d, sellers 3s 9<

Cardrona Valley—Sellers "4s p. . : , % Central Eledtric-^Sellers £4'7s 6d pi '■ - CharltonvCreek-rßuyers 10s, sellers 12s 3d p. '•'■•Cliiktto Creek—Sellers,£3...-.....,,..■ Clyde—Bu'ver's £3" ss.' I !. : Ctoal CrcelfTlat^Buyers 2s 9d,.sellers 3s p. ;-"CriffelfLead-i-Sel'lers'v9a-p,,.... •,,.. ~-.. ■■ ■; Crorrmell—Sellers £3 Us. 6d. „ , ■■'Dunediri-Sellers'lSs.- '■■' A ,' ', Dun'stsn -Lead—Buyers 18s p.. ~.■•< •Eclipse—Sellers 11s 6d p. .. :. ;. ~ ' Electric—SelWrs £2 'Bs. ,' . ."■ „ Electric- Extended—Buyers 12s, sellers 14s 6d:

n. • '■::'-: ■■■: ,i>; .' •■ ■■.;•■'.' ■■-. ■■' '~■ -■ ■ ■ * Empire-Sellers £i ,25,. ; Gd..j : . •_ ' Endeavour—Buyer's 8s 3a,'sellers 8s 6d p. •- Ettrieli (new :issue)--Buy£rs;3s 6d, sellers 4s

Fourteen-mile Beach—Sellers £1 3s p. -Eraser Flat— Buyers Bd.iaeHers ,1a .p, ~ GalW More^-Sellers. £\ ;3Js ; 1 : •.:. ; Galvanic—Buyers 6s <p.!'; ' : * " . Garibaldi-^Sellors Gd p.. • > . ... ~ , Gentle Annie—Sellers lOs'M p. ■ .Gib'b's.Beach—Biiycrs 2s 9d;.sellers 3s p. , JGibbstoß,—Buyers. Gddis... •• GoliDeposit—Buyers Is, sellers 2s 3d .p. ■; GokV Queen-Buyers £1 17s 3d, sellers £1193

Beach-Buyers £2 Us, sellers £2 18s.; '.Golden Bed—Buyers 7s, sellers 7s Gd p. ■1. Golden Chain—Buyers Is, sellers 2s p. . : Golden'■Elbow-Buyers 2s Gd, sellers 4s p. Golden Gutter-Buyers Gd dis, sellers Is p. ' Gblden: HoTs'eshoe—Buyers 2s' Gd p. . Goiaeri'Mile—Sellers 3^d p. " ■ '„■,-:' . Golden'Molyneux-Buyers 3s, sellers 3s 4d. p. . Golden River-Buyers Is 6d, :Bellers 2s p. ■- Golden Run (raid)— Buyers,£3, sellers £3 3s. -Golden Terrace-Buyers Us 9d, sellers 15s 6d.> ." Great .Central—Buyers 9s p. : Graid .TunctioTi—Buyers 6a, sellers Is p. -:'; Crreenatone' Cre«V—Sellers. 6d p. Grey' Duet— Sellers -par. : -.Grey: Biver Consolidated—Buyers 2s, sellers 'ifHalfway House—Buyers "16s E<3, sellers 19s p.. V'Hdr'sbsh'qel''Bericl-VSellcrs Gel p. •", ■ . .; "^■lhchdale—Buyers'ls'Gd, p. : '. ■■ Kawiirnu Bridge—Sejlera 3s p. ■ -'I/eaiims; Rock—Buyers Is,: selleta; Is 3d p.' :,Bohg Valley-Buyers,,7s Gd., Bellers Ss Gd, p., , Mepnetic-Buyers £3 7s, sellers £& 7a 6u. 'ilai'n-Lead Herculcß-Sellers 3s 6d p. ". Majestic—Euy'ers Gs 63, "■'sellers 7s 6d p. ; : Matau—Buyers £0. ' ■ ■ " ~ Meg'and Annie—Buyers'l6s oa,. sellers' £1 p.; 3s. 3d-p. „ , '.. , " MbajFlat^Buyers' 6s, pellers. Gs 6d P- ' ~ Monte Christo-Buyers 13s, sellers 14s 3d

Morven'Ferry—Sellers Is p.. . 'Nelson Creek—Buyers. 4s Gd p. ' Kew: Alexandra-Sellers £2 9s. .' N"apara No. 3—Sellers 5s 63 p. Number Two Matau— Buyers.3d p. . Old Dunstan— Buyers 3s;3d, sellers 4s p. . Ophir—Buyers 2s. . i . Orwell Creek-Sellers 3s Gd'p. ' Otama—Sellers-Is!>.; ~ . ■ .;■',. •p.actolus-VBnyet3,2s-p.,:/ ':■ ■■•.-■ "., , ' Raul's. Beach-Sellers ;lsCd::p.;i- ' fj , • i'pCTscverancc—Buyers- £i 0s 6d, sellers M 4s. ! Premier WaltaVa—Sellers Is p. ■:;; :' : TUeves's Proprirtary^Buyera par. \ : Richards's Beach—Sellers lls Gd p.. : . . River'Molync-UY—Sellers 33s p.,;:'. ■'. .; '■: RosvFlat—Buyers 6d, sellers 3d p. '.. ■ . •: :■ RoiburVh Jubilee—Buyers ;Ss, sellers 9s p. . -Royal Its.or*—Buyers lbs 3d, sellers lls Gd p. ■I-" Sailors' Bend—Buyers £1 is 6d p. .. . Second Magnetic—Buyers 16s P- ; Sixteen-mile Beach—Buyers 7sj sellers 7s Gd p.- ■■ .- ■'■'■ ' ■.'■'■■■ '■"■■:■■ ■ ■■ '- ! Smith's Creek and Bannockburn—Sellers Is dis;. v '"-'- .-....,..:■. .' Tacon's Cardvona—Buyers 4s, sellers.4s 3d p. •■'' Ter'erhakau—Sellers Id p. , ■ Tyson's Beach—Buyeis 3d p. " Vincent—Buyers £1 15s, sellers £2. '. Vincent Extended (paid)— Sellers £1 10s 6d. ■Waimumu-r-Buycrs ;i SI Is. ' < .-, ■, .West Matau—Buyers Gd, sellers Is p. ■Wet'Lead—Buyer3 Gd, sellers 2s p. . :