MINING.

Otago Daily Times, Issue 11807, 9 August 1900, Page 6

MINING.

The Secretary (Mr R. T. Wheeler, jun.) of the Blue Duck Gold Dredging Company (Limited) reports having received from the engineer the following:—The contract for machinery has been completed, and all has been forwarded by rail. The engine has just arrived ex Papanui. The boiler is exp-eeted in the Waimato, but no definite information regarding it has arrived. The -cartage has been delayed, and I have telegraphed to the stationmasters at Ranfurly and Wodderburn to sec how much is lying there, but have not received their replies. As I saw no chance of the machinery being all landed for some time, I delayed the tenders for erection of machinery, but they can be got in in a few days. It will only disappoint contractors if we cannot proceed with the work immediately. Tenders are opened, and it is of no use to go on with the work of erection -until the whole of the machinery is on the ground.

An extraordinary general meeting of the Fraser Flat Gold Dredging Company will be held on the 22nd inst., to consider, and, if thought advisable, pass the following resolutions:—"That the capital of the company bo increased to £20,000 by the creation of 7000 new shares of £1 each." " That the company purchase from the Upper Fraser Gold Dredging Company (Limited), all its real and personal property except cash in hand, in the bank, or moneys due for unpaid calls, qa the terms and conditions set out in «. certain agreement of sale, made between the Fraser Flat Gold Dredging Company (Limited), of the one part, and the Upper Fraser Gold Dredging Company (Limited), of the other part." " That clause 15 of the articles of association bo struck out and the following clause substituted: —'No business shall be transacted at ar.y general meeting unless a quorum is present at the commencement of business, and such quorum shall consist of seven members of the company.1 " We understand that the position is that the Fraser

Flat Company, being somewhat short of capital, instead of going to their shareholders and asking them to take upon themselves the providing of new capital, have arranged with the directors of the Upper Fraser Company, subject to the approval of their shareholders, to amalgamate the two claims, the option being given to the Upper Fraser Company's shareholders to take one share for every two they already hold in the Upper Fraser Company, in consideatrion of which the Upper Fraser Company transfer their freehold^ claim of 100 acres. The Dredgemaster of the Vincent wired yesterday that he has bottomed, with fair prospects. Shareholders in the Nevis Gold Dredging Company are requested to hand to the secretary the scrip for their shares for cancellation for which new scrip will be issued. The public are cautioned against' dealing with scrip for certain shares in the company. The annual general meeting of shareholders in the Moonlight Sluicing Company will be held on Wednesday, 29th inst. The following itern3 appeared in the last issue of the Cromwell Argus:—The Richards's Beach dredge is rapidly approaching completion. The gantry is nearly finished, the ladder is put together, and the elevator only needs to be put in position. The pump and countershaft are now in position.—The Meg and-Annie dredge had a trial run on Saturday la.st and everything worked smoothly. Messrs Morgan and Cable were the contractors for the putting on of the machinery. The dredge expects to commence operations this week.

DUNEDIN STOCK EXCHANGE.

Sales were made yesterday at the following premiums:—Brandy Jacks, Is !)d and 2s; Davis Band, ss; Electric Extended, 19s and 19s 3d; Endsivour, 8s ; Golden River, Is 6d; Hokitika River, 3s 9d; Kohinoor, Gs 6d; Nelson Creek, ISs Gd. Sales were also recorded at the following prices:—Alpine No. 2, 35s Gd; Central Electric, £3 II3; Cromwell, M 16s, £i 17s 6d, £i 18s,- and £1 19s; Electric, £2 17s; First Chance, 16s; Gold Queen, 375; Golden Bed, 20b; Halfway House, 33s and 33s Gd; Hartley and Riley, £9 ss, £9 10s, £9 12s 6d, £9 37s Gd. £9 ]6s Gd, and £9 16s; Junction. Electric, £2 2s Gd, £2 3s Gd, £2 2s, and £2 Is 6d ; Jutland Flat (ccntrib.), 2s; Meg and Annie (10 shares), £2 Gs; Sailor's Bend, £2 9s; Vincent, £3'2s; Vincent Extended. £2 Is and £2 Is 6d; Waimumu I'Vtended, 15s.

The following are yesterday's latest quotations, subject to tho usual brokerage: —

Ahaura River —Sellers 3d p.

Aldinga—Sellers 9d p. Alpine Consols—Sellers £1 15s 6d. Alpine No. 2—Buyers £1 15s, sellers .€1 16s. Arthur Point—Buyers 5s Gd, sellers 4s dis. Bendigo—Sellers 10s 6d p. Boundary Creek—Buyers 2s 9d, sellers 3s Gd

PBrandy Jacks—Buyers 2s, sellers 2s. 3d p. Britannia —Sellers Is dis. Cairnmuir —Sellers 10s Gd p. Central Electric—Buyers £3 10s, sellers £3 lls. ' ■ -.

Charlton Creek—Sellers £1 6s. Chatto Creek—Sellers £1. Clyde—Sellers £4 ss. Cornish Point—Buyers 2s 6d dis. Cromwell—Buyers £4 18s-Gd, sellers £4 19s. Dart River—Buyers 2s Gd dis. Davis Bend—Buyers 4s Gd, sellers 5s p. Dunstan Lead—Buyers £1 9s, sellers £1 12s. Dunstan Pioneer—Sellers 3s dis. Electric—Buyers £2 17s, sellers £2 18s. Electric Extended- —Buyers 19s, sellers £1 p. Endeavour—Buyers 7s Gd,.sellers Bs, x>Erickson's Reward—Sellers 5s Gd p. Evan's Flat—Buyers £1 3s, sellers £1 4s 6d. First Chance—Buyers 15s 3d, sellers 15s 9d. Foloy's Creek—JEkiyers 63' p. Fourteen-mile Beach- —Buyers £1 15s. Fraser Flat— Sellers 5s Gd dis. Galtee More—Buyers 5s 9d. Galvanic —Buyers £1 2s, sellers £1 3s. Garibaldi —Buyers 2s dis, sellers Is p. Gentle Annie —Sellers 9s Gd p. Gibb's Beach—Buyers ss, sellers 4s 6d dis. Gold King—Buyers 4s, sellers 5s 6d p. ' G old Queens-Buyers £1 15s 6d, sellers £1 17s. Golden River—Buyers Is 4^d, sellers Is 6d p. Great Greenstone —Buyers par. Grey River —Buyers 12s 6d, sellers, 15s p. Grey River Consolidated—Buyers 2s 6d, sellers 3s 3d p. Halfway House—Buyers £1 12s, sellers £1 14s

Hartley and Riley—Buyers £9 16s, sellers £9 17s Gd. ■ ' ''-.'■■ Hokitika River—Buyers 3s 9d, sellers ,4s p.

Horseshoe'Bend—Sellers par. Island Creek—Buyers par. Junction Electric—Buyers £2 Is, sellers £2 2s. Kelly and Casey—Sellers 7s 6d p. Kohinoor —Buyers Gs Gd, sellers 8s p.- ■ • Leviathan—Seller's £1 13s Gd. Magnetic—Buyers £2 13s Gd, sellers £2 16s. Main Lead Hercules—Sellers Is p. Majestic—Sellers £1 6s. Manuherikia —Buyers £4 15s, sellers £4 17s

Meg and Annie—Sellers £2 7s. Merrimac —Sellers £1 8s Gd. Moa Flat—Buyers 18s 9d, sellers £1. Monte Christo —Buyers 10s, sellers lls 6d p. Mosquito—Buyers 3d, sellers 2s p. Nelson Creek—Buyers 18s, sellers 18s 6d p. New Alexandra—Sellers £1. New River—Sellers Is 9d p. No Town Creek—Sellers Is p. North Beach—Buyers par. ' Pactolus —Buyers 12s, sellers 14s 6d p. Pactolus No. 2—Buyers Gd, sellers Is Gd p. Pactolus No. 3—Sellers 3d dis. Perseverance —Sellers £5 2s 6d. Ponsonby—Buyers Is dis. Richards's Beach—Sellers £1 4s. River Molyneux—Sellers'9s 6d p. Roxburgh Jubilee—Sellers 5s p. Royal Maori—Sellers Is dis. Sailor's Bend—Buyers £2 8s Gd, sellers £2.105. Second Magnetic—Buyers £1 12s 6d, sellers £1 15s.

Sixteen-mile Beach—Sellers 2s p. Trafalgar—Buyers 2s 6d, sellers 4s 6d p. Tyson's Beach—Buyers 2s ais. Upper Magnetic—Buyers £1 ss, sellers £1 6s 6d.

Vincent—Buyers £3 3s, sellers £,3 4s Gd. Vincent Extended—Buyers £2, sellers £2 Is. Waimumu—Buyers £1 6s 9d, sellers £1 B#6d. Waimumu Central—Buyers -4s, sellers 7s 6d

PWairnumu Extended —Sellers 18s. Waipuna—Buyers 3s 9d p. Watterson's Consols —Sellers Is 3d p. White Star—Buyers Is 6d p. Yellowstone—Sellers 9d p.

OTAGO STOCK EXCHANGE,

Sales took place yesterday at the following premiums:—Electric Extended, 18s Gd; Extended Fourteen-mile Beach, 2s Gd; Grey River Consolidated, 3s lJd. Sales were also recorded at the following prices:—Alpine No. 2, 335; Crcmwell, £4 17s 6d; Evans Flat, 235; Hartley and Riley, £9 15s and .-£9 15s Oct.

The following are yesterday's latest quotations: — Alpine Consols —Sellers £1 17s 6d. Alpine No. 2—Buyers £1 12s, sellers £1 16s 3d Arrow Junction—Sellers Is 9d p. Bendigo—Sellers 10s 6d p. Boundary Creek —Sellers 4s 6d p. Brandy Jacks —Buyers Is 6d p. Cairnmuil"—Sellers 9s Gd p. Caledonia —Sellers Is p. Central Electric—Buyers £3 8s 6d, sellers £3 14s

Central Magnetic—Sellers Is p. Chatto Creek—Sellers £1 5s 6d. Ckughesy Freehold—Sellers Is p. Coal Creek Flat—Selleis Gd p. Cromwell—Buyers £4 IGs, sellers £4 17s Gd. Davis Bend—Sellers 7s p. Day, Dawn—Buyer 2s, sellers Is dis. Dunstan Lead—Buyers £1 10s, sellers £1 12s Gd.

j Dunstan Pioneer—Sellers Is p. ( Eclipse—Buyers £1 11s. Electric—Buyers £2 IGs 6d, sellers £2 18s. Electric Extended—Buyers ISs, sellers 19s p. Endeavour—Buyers 7s, sellers 9s p. Erickson's Reward—Sellers 6s p. Evans Flat—Sellers £1 4s. First Chance—-Sellers £1.

Extended Fourteen-mile Beach—Sellers 4s 6d

Galtee Moi-c—Sellers 6s. Galvanic—Sellers £1 Is.

Gentle Annie—Sellers 9s p. Gibb's Beach—Buyers 15s, sellers 18s. .Gold Czar—Sellers pa*. Gold King—Buyers 4s, sellers 5s 3d p. Gold Queen—Buyers £1 IGs, sellers £1 17s 6d, Golden Banner—Sellers Is p. Golden Bed—Sellers £1 3s. Golden Falls—Sellers 7s p.

Golden Gate—Buyers £7 14s, sellers £7 17s Gd.

Golden Glen —Sellers par

Golden Run—Sellers £2 12s. Great Central—Sellers 6s p. Grey River Consolidated—Buyers 2s 9d, sellers 3s 3d p. Hartley and Riley—-Buyers £9 14s, sellers £9 16s. '

Horseshoe Bend—Sellers Gd p. Inch-holme —Sellers par. Junction Electric—Buyers £2 3s, sellers £2 ss. Kelly and Casey—Sellers 8s p. Klondyke—Buyers 10s. Lafranchi—Sellers par. ' Leaning Rock —Sellers 2s dis. Leviathan—Buyers £1 15s, sellers £1 18s 6d. Lower Enficld—Buyers 2s, sellers Is dis. Malone's Beach—Sellers Is p. Manuherikia —Sellers £5 9s. Meg and Annie—Buyers £2 ss, sellers £2 Bs. Moa Flat —Buyers 17s, sellers £1. Naumai —Sellers £1. Nelson Creek—Sellers £1 p. Nevis—Buyers £1 4s, sellers £1 10s. New Alexandra—Sellers £1. Ngapara No. 3—Buyers £1 2s, sellers £1 Gs. . No Town Creek—Buyers 2s, sellers 2s 9d p. Otama—Sellers par. Pactolus No. 2—Buyers 6cl, sellers 3 s 6d p. Perseverance—Buyers £5, sellers £5 7s 6d. River Molyneux—Buyers 83 6d, sellers 0s 6d

Roan Flat—Sellers Gd p. ■Roxburgh Lead—Sellers 3d p. Ruby—Sellers Is p. Scotia —Sellers par. Second Magnetic—Sellers £1. 14s 6d. Smith's Creek and Bannookburn—Sellers par. Teremakau —Sellers par. * Three-mile Gre<v,-atone —Sellers 2s Gd p.

Who beat the Knglishmen at cricket? Who taught them how to play? Who played tho deuce with every wicket? Aiistral'iu leads the way. 'What plays the deuce with cough or cold. What makes consumptives fewer? Oh! What is that worth more than gold? Woods' Great Peppermint Cure.

Triumph—Sellers par. • Tuapeka—Sellers £1 10s. Tuckers Flat—Sellers 2s p. Tyson's Beach—Sellers Is dig. Upper Magnetic—Sellers £1 Gs Gd. Vincent—Buyers £3, sellers £3 is. Vincent Extended—Buyers £2 Is, sellers £2 os Gd.

Waikaka Forks—Sellers Is p. Waimumu—Buyers £1 6s, sellers £1 8s CJ, Westland—Sellers 3d dis. Willoughby Cardrona—Sellers 6d p. Woodstock—Sellers 3s p. Yellowstone—Sellers Is p.

THE EQUITABLE STOCK EXCHANGE report as follows: —

Sales.—Great- Beach, 4s dis; Electric, £2 lGs ; Hartley and Riley, £9 15s; Leviathan, £1 17s 6d, Meg and Annie, £2 7s; Vincent, £3 Is.

Buyers.—Cromwell, £i 13s; Electric, £2 15s; Electric Extended, 18s p; Golden Falls, 4s Gd p ; Grey River Consolidated, 2s 9d p ; Hartley and Riley, £d ; Junction Electric, £1 Is; Klondyke, 10s Gd; Lioneas, 4s dis; Sixteen-mile Beach, Is dis; "White Star, 2s p. Sellers.—Alpine Consols, £1 15s Gd; Arthur Point, 2s Gd dis; Bald Hill Flat, 5s dis; Ban-liockbm-n Creek, Is 6d dis; Blue' Bell, par; Cairnmuir, 8a Gd p ; Central Electric, i! 5Ms 6d; Cromwell, £4 18s; Dunedin, 10s Gd; Electric, £3; Electric Extended, 20s p; Excc.jior, 2s p; Garibaldi, par; Gentle Annie, 9s p; Gold King, 5s p ; Golden Banner, Gd p ; Golden Falls, 7s p; Golden Horseshoe, 6d p; Golden Mile, 6:1 p; Golden Ripple, par; Golden River, 2s Gd p; Golden Run, £2 14s; Grand Junction, Gd p; Great Central, 10s 6d p; Grey River Consolidated, 4s p; Gunton's Beach, par; Harris Beach, par; Hartley and Riley, £10-; Horowai, 2s Gel. dis; Horseshoe Bend, par; Inch-holme, Gd p; Junction Electric, £2 4s; Kawarau Bridge, par; Leaning Rook, 2s dis; Leviathan, £ 2; Main Lead Hercules, Gd p; Meg and Annie, £2 8s; Moa Flat, 20s; No Town No. 2, 3d p; Otama, par; Premier Waikaka, Is Gd p; Prince Imperial, 2s dis; Reeves' Proprietary, 21s 6d; Remarkables, 3s dis; Roxburgh Jubilee, 7s p; Sailors' Bend, £2 10s; Shotover, Is dis; Sixteen-miio Beach, par; Second Magentic, £1 14s 6d; Success. £6 ss; Ttviot, Is 9d p; Triumph, Gd clis; Vincent, £3 3s; Vulcan, (id dis; "Wet Load, 2s dis; White Star, 4s p.