MINING.

Otago Daily Times, Issue 11937, 10 January 1901, Page 6

MINING.

Information was received yesterday morning that the Mokoia dredge on the Buller Eiver had been successfully launched again. The Secretary of tho Dobson No. 2 Gold Dredging Company us that he has received a wire from the dredgemaster stating that he started dredging again on Monday afternoon:, having successfully shipped tho elevator, and that everything is working well. Shares in the Nokoinai Hydraulic Sluicing Company were quoted on the Dunediu Stock Exchange yesterday aa follows: Buyers £12. The directors of the Charlton Creek Gold Dredging Company have declared a dividend (the 7th) of 6d per share, payable on Saturday next. DUNEDIN, STOCK EXCHANGE. Sales took placo yesterday at the following premiums:-Ahaura River, Is; Grand Junction, 7s 3d; Hokitika Extended, Is Cd; Maori Kmg, Is 9d and 2 3 ; Pactolua No. 2, Is Gd and 2s; River Molyncux, 3s 9d; Warcatea, -is 3d and 4s; .Woodstock, 4o 6d; Yellowstone, par. Sales were also recorded at tho following prices: -Dobson No. 2, 27s 6d; Electric Extended, £2 Is 3d, £2 Is, and £2 Is 3d; Ford's Creek, 22s 9d; Galvanic, 32s 6d and 325; Gentle Annie, £i 5s 6d and £2 ss; Gold Queen, 31s 6d; Golden Bed, 295; Grev River, JE3 10sJunction Electric, 235; Magnetic, 30s and 29s 6d; Majestic, 235; Mokoia, 265; Premier Waikaka, 14s 3d; Sailor's Bend, 375; Second Magnetic, 31s; Three-mile Greenstone, 255; Upper Magnetic, 34s 9d and 34s Gd; Vincent Extended £2'fe; Waikaka Forks, 11s 3d. In addition to the above sales were made at the following rates of discount:—Dart River, 2s 3d; Golden Gutter, Is 3d. The following are yesterday's latest quotations; subject to the usual brokerage: — Ahaura River-Buyers lid, sellers Iβ p. Alpine Consols-Buyers £2, sellers £2 4s, Alpine No. 2-Sellers £2 2s. Arrow Junction-Buyers £1 Sa 6d, sellers £ 1 11s. •

Arthur Pomt-Buyevs 2s 9d, sellers 6d die. 5s 9d p. Bignell's No Town—Sellers 2sdis. Blue Duck-Buyers 14s, selldrs 17s Gd Boundary Creek-Buyers £1 4s Gd, sellers Si 4s 9d. Buller Junction—Buyers' 2s p. Cairnmuir-Buyers £1 lls, sellers £1 15s. Central Uiitaura—Buyers djd dis, sellers "d P. Charlton Croek-Bnyers £1 16s Gd, sellers £1 18s 9d. . ' Crown Diamonds—Buyers 2s dis, sellers par Dart River—Buyers Ss, sellers Is 3d dis. Digger's Pride—Sellers 3s die. Dobson No. 2—Buyers £1 7s, sellers £1 Bs. Dunstan Lead—Sellers ds p. Electric—Buyors £2 6s Gd, sellers £2 7s Gd. Electric Extended—Buyors £2 Is 3d, sellers £i 2s. Enterprise—Sellers £5 15s, Erickson's Reward—Buyers 7s 9<3, sellers 8s 3d p. Ettrick—Sellers par. First Chance—Buyers £1 6s, sellers £1 8s Ford's Creek-Buyers £1 2s Od, sellers £1 ss. Fourteen-mile Beach—Sellers £Ilss. Frasor Flat-Buyers Cs 9d, sellers 4s dis. Galvanic-Buyers £1 lls, sellore £1 12s. ■ Garibaldi—Buyers Is, sellers Gd dis. Gentle Annie-Buyers £2 4s 3d. Gibb's Beach—Sellers 4s 6d dis. Globe—Buyers 3a dis, sellers'3s p. Gold King-Buyers 3s 9tl, sellers 3s Gd dis. Gold Queen-Buyers £1 10s Gd, sellers £1 lls Gd. Golden Banner—Sellers par. Golden Beach-Buyers £1 Is Gd, sellers £1 6s Cd. . .

Golden Bed—Sellors £110s. Colden Gutter—Sellers Is dis. Golden Link—Sellers par. Golden River (paid up)— Buyers Gs Gd, sellers Gs 7Jd. Golden Standard—Sellers, 4s dis. Golden Treasure—Sellers £4 15s. Grand Junction—Buyers 7s, sellers 7s 3d p. ■Great Central—Sellers Si 16s. 'Great Woodstock—Sellers Is dis.' Greenstone—Buyers 4s 6d, sellers 5s p. Greenstone Junction—Buyers £1 7s, sellers £1 8s Gd. ' . Grey River Extended—Sellers 2s 9d p. Grey River—Buyers £3 7s Gd, sellers £3 9s 9d. Grey River Consolidated—Buyers 4s, sellers 4s Sd p. Half-way House—Buyers £2 2s, sellers £2 4s. Hartley and Riley-Buyers £6 14s, sellers £6 18s. Hokitika Extended-Buyers Is, sellers Is 3d P. . ■ Hokitika River—Buyers 12s 6d, sellers 15s 3d p. • Hokitika Junction—Buyers Is 9d, sellers 2s 0d p. Junction Electric-Buyers £1 6s, sellers £1 9s. . Kawarau Bridge—Buyers 2s 9d, sellers 3s 3d p. - ■ Kelly and Casey—Buyers £1 10s, sellers £1 115.6 d. Kohinoor Extended—Buyers 2s dis, sellers par. Lady Cardrona—Sellers par. La Franchi—Sellers 2s. dis. Leaning Rock—Bayers 7s, sellers 5s die. Leviathan—Sellers £2, ■ Long Valley—Buyers 9s, sellers 15s p. Magnetic-Buyers £1 Gs 6d, sellers JBI 9s Gd. Majestic—Buyers £1 3s, sellers £1 4s 6d. Maori King—Buyers 2a, sellers 3s p. Mannhcriktft— Buyers £3 7s Gd, sellers £3 15s. Meg and'Annie—Buyers £3 2s. Merrimac—Buyers £1 15s. Mikonui River—Sellers par. Miller's Flat Electric—Buyers £1 Gβ, sellers £1 Bs. . - Moa Flat-Sellers £1. Moke Creek—Buyers 5s dis, sellers par. Mokoia—Buyers £1 6s 3d, sellers £1 7s. Monte Christo—Sellera' f 1 Us.

Morning Star—Buyers 4s. llorven Ferry—Buyers Js, sellers 2s die. Mosquito—Buyers 2s 9d, sellers 3s p. Nelson Creek—Buyers £2 Bs, sellers £2 12s. New Alexandra—Sellers 9s. No Town Creek—Sellers 7s fid p. Orwell Creek—Buyers 4s, sellers 5s 6d p. Otnm;:— Sellers 355. Pdclolus—Sellers £1 15s. Pactolus No. 2—Buyers Is 6d, sellers 2s Gd Perry's Reward-Buyers par, sellers Is p. I'onsonby—Buyers Gd dia, sellers par. Prince of Wales—Buyers ss, sellers Gs Od p Beeves Proprietary-Buyers £1 2s Cd, sellers £1 (is. Hiehards's Beach—Buyers 15a, sellers £1. ltiso and Shine— Buyers Is 3d, sellers Cd dis. Hoss Day Dawn—Buyers 2s, sellers Is 3d din. Suitor's Hmid-Buyers £1 15s Gd, sellers £1 17s (Id. KftltwutiM' Pwli-Hcllfra MA p. Hei'Oild Miiyimliu-liiiyera" il 3a, sellers £1 11h. Hhofovw— llujw.i In die. 'IWimtliuu— Buyora lid dis, sollern par. 'IVviol --lillywa 'if, wllmh ;ld dis. Tlup(i-mi|(i flreeuatuno—Uiiyora £1 ss, sellers £1 7n (Id. 'I'riilnluiU'— Kallwii 10i n, Triumph --Hollers/ pur, llppur Vwatir- -Mftlldru Is difl. Uppor Miißiifitiii-niiycp , •£■ H" <■''• Vii'lory-Hnyors In Oil. uellcve Hs !kl p. ViiuimU Kxtomli'd--Iliiyors i'i! ns, millers i'2 On fid. Viiipmiti-Huynra -CI •'«. "oltor" -CI WiiviMileu-Uuyurs 8a Bd p. Wuttoraon'ft t'oiianlfi— lliiycra lu 9d, aollors Iβ lid p. Viwtlimd-Selloifl »il l>. AVliita Slur-l.iuyom lila, Bollorn XI 2s. AVoodsliick-Si'lWa Iβ Od p. \'oHow»tono~8ollorn par, OTACiO S'I'OOIC KXCFIANfIE. . Cftlodonia sluires wore sokl at •Iβ ltd premium ypsterdny. 'Silica wont also niuilu ul tin: fntlnw\ng prii'Mi—Alpine Coiihulh, £1 !l«; C'airiimuir, B,'ts; (Ulviwii-, Ms llnlilon Jlert,'.Ma; Ilfilfwiiy llouso, i"2 4a; Hartley mill llilo.y, I'll 17s lid; Kelly mid (toy, Ills; Molioiu, '-'lid. Slnirwi in tho 'JViviniiknu Company cliu-iikiml lunula ut 4d (li.iCOUIll. Tho following nro yesterday's latent quotations:— Ahaura Kiver—Buyers Cd, sellers Is 3d p. Aldinga— Buyers 49, sellers Gs p, Alpino Consols—Buyers i'2 2s, sellers £2 3s Cd. Alpino No. 2—Buyers £2, sellers £2 2s. Arrow Junction—Sellers £1 11s. Bondigo—Sellers Gs p. Backwater—Sellers !)d p. Boundary Creek—Buyers SI 2s, sellers £1 5a Cd. Buller Junction—Sellers 10s. Giirnratiir—Buyers £1 10s, sellers £1 13s 6d. Caledonia—Buyers 4s 3d, sellers 4s 6d p. Central Electric-Buyers £5 13s, sellers £3 18s. Charlton Creek—Buyers £1 17s 3d, sellers £1 19s. 'Consolidated (Buller River)— Sellers IGa. Cromwell—Sellers £1 Ss. Crown Diamonds—Sellers 6d p. Davis Bend-Sellers.. 4s fid p. Dobson Ao. 2—Sellers £1 10s. Diinstan Lead—Sellers £1 5s (id. Eclipse-Buyers £1 Ids Gd, sellers 12. Electric—Buyers £2 7s, sellers £2 7s Od. Electric Extended—Buyers £2 Is, sellers £2 Evickson's Reward—Buyers 6s, sellers 8s p. Extended Fourteen-mile Beach—Sellers 2s 6dp.. First Chance-Sellers £1 Bs. Ford's Creek—Buyers £1. Fourteen-milo Beach—Sellers £1 16s. Galvanic-Buyers £1 Us 6d, sellers £1 13s. Gentle Annie—Sellers £2 7s Gd. Gold King—Buyers 3s 9d, sellers 3s dia. ' Gold Queen-Buyers £1 10s 6d, sellers £1 12s. Golden Banner—Sellers 6d dis. Golden Beach—Buyers £1 Is. Golden Bed—Buyors £1 8s 6d, sellers £1 9s 3d. Golden Gate-Sellers £7 10s. Golden Link-Sellers £1 Is. Golden River—Buyers Is, sellers Is 9d p. Golden Run—Sellers £2 9s. Grand Junction—Buyers Gs Gd p. Great Central-Sellers £1 17s. Greenstone—Buyors 4s 3d, sellers 5s 6d p. Grey Monarch—Buyers par. Grey River Consolidated—Buyers 3s p. Halfway House—Buyers £2 2s 9d, sellers £2 5s 3d. Hartley and Riley—Buyers £0 16s 6d, sellers £6 18s. Hokitilta Junction—Buyers 2s, sellers 3s p. Hokitika River—Buyers 12s lid, sellers 15s p. Junction Electric—Buyers £1 ss, sellers £1 10s. Leviathan—Sellers £2 3s. Lower Enfield—Sellers Is dis. Magnetic—Sellers £1 11s. Mnori King-Sellers Is Gd p. Mftfluhorikin—Sellers £3 13s. Matuu-Sellers £3 11s. Meg and Annie—Buyers £3, sellers £3 Bs. Merrimac—Buyers £1 15s Gd, sellers £1 16a. Metallic—Sellers £1 9s 6d. Moa, Flat—Buyers 18a, sellers 19s 9d. Mokoia—Buyers ill 6s, sellers £1 6s 6d. Moonlight—Sellers 3d p. Morning Star—Buyer's 5s 6d, sellers 12s Gd. Naumai—Sellers £1 Is. Kelson Creok—Buyers £2 11s, sellers £2 17s fid. New Alexandra—Buyers 4s, sellers Ss 9d, No Town Creefc-Sellern 7s p. Orwell Creok—Sellers 2s 6d p. Pactolus No. 2—Sellers 2s 3d p. Perseverance—Sellers £4 17s. Eicharde's Beach—Buyers 17s 6d, sellers £1 Is. River Molyneux—Sellers 5s 6d p. Ross Day Dawn—Sellers Is dia, Royal Maori—Sellers Is 3d p. Sailor's Bend—Buyers £1 16s, sellers £1 18a. Second Magnetic—Buyers £1 7s 6d, sellers £ 1 11s. Teromakau—Sellers par. Three-mile Greenstone—Buyers £1 3s 6d, sellers £l 7s. Upper Magnetic—Buyers £1 13s, sellers £1 15s. ' Victory—Buyers 7s 9d, sellers 8s Bd p. Vincent Extended—Buyers £2 3s Gd. Waipuna—Sellers £1 7s. Watterson's Consols—Buyers Is, sellers Is 9d p. Woodstock—Buyers 3s 6d p. Yellowstone—Buyers 6d dis. Waroatea—Buyers 3s 9d, sellers 5e 9d p. THE EQUITABLITsTOCK EXCHANGE report as follows:— Sales.—Electric Extended, 425; Grey River, 70s; Magnetic, 30s; Mosquito, 2s 3d p; Vincent Extended, 455; Patterson's Consols (paid , 20s. I Bnyers.-Adam's Flat, 21s 6d; Almuia River, Gd p; Alpine Consols, 43s 6d; Arthur's Point, 4s die; Central Mataura, par; Dobson No. 2, 255; Electric, 475; Electric Extended, 41s; Ford's Creek, 20s; Garibaldi, Is Gd p; Gold Deposit, 4s dis; Golden River, Is 6d p; Halfway House, 41s; Hartley and Riley, 1355; Magnetic, 28s; Merrimac, 365; Pactolus No. 2, Is 9d p; Reeves Proprietary, 235; Second Magnetic, 28s Gd; Vincent Extended, 445; Watterson's Consols, Is p; White Star, 19s. Sellers.—Ahaura River, Is 3d p; Alexandra Bonanza, Is dis; Alpine Consols, 455; Alpine No. 2, 445; Bendigo, 7s p; Bighalls, Is p; Blue Duck, 18s; Boundary Creek, 265; Broad Creok, irar; Caledonia, 5s 6d p; Central Electric, 80s; Central Magnetic, Is p; Chatto Creek, 20a; Claugheay's Freehold, 9d p; Dart River, Is p; Davis Bend, 6s p; Duke of Wellington, Gd p; Eldorado, Gd p; Electric Extended, 42a 6(1; Ford's Creek, 255; Garibaltli, Is dis; Gnrvery Burn, par; Gentle Annie, 47s 6d; Gibb's Beach, 18s; Gold Chair, par; Gold Deposit, par; Golden Banner, 6d p; Golden Chain parGolden Falls, 2Gs; Golden Reward, Is p; Golden Ripple, par; Golden River, 2a p; Golden Standard, par; Golden Vein, 6d pGrey River, 74s ;■ Hartley and Riley, 138s; Inch-holme, 5s dia; junction Electric, 31s; Kawarau Consolidated. Is p; Leaning Rock, 3s die; Leviathan, 41a; Magnetic, 32s Gd; Maori lung, 2s Gd p; Meg and Annie, 69s 6tl; Metallic, 31s; Mikonui, par; Mokoia, 295; Morning Star, 12s; Mosquito, 3s p; Moonlight, 2s p; Naumai, 21s; Pactolus No. 2, 2s 9d p; .Reeves Proprietary, 25s Gd; Remarkablea, 19s; River Molyneux. 5s p; Ruby, par; Saltwater, 2s Gd p; Second Magnetic, 335; Sixteen-mile Beach 20s; Trafalgar, 12s Gd p; Triumph, par; Vincent, 53a; Vincen; Extended, 465; Victory, 9s 6(1 r>; Waikaka. Queen, par; Waimnmu, 2Ss; Waimumu Central, 27s Gd; Wnimumu Extended, 16s; Waiora, 3d p; Waipuna, 28s; Wattersons Consols, 3s 6d p; Willoughby Cardrona, par; Yellowstone, 9d p. THE NUGGET GOLD DREDGING COMPANY (LIMITED). Dredging operations on Iho Nugget claim were, as is generally known, suspended on the 22nd ult. pending a referenco to a meeting of shareholders, to be held to-morrow evening, o£ the question whether the ladder should bo lengthened sufficiently to bottom the ground (which has been proved by boring to go as deep ns 45ft), or whether the company should amalgamate with one of several other companies holding claims on the same river whose directors have expressed their desire to negotiate with that object in view. The directors of the Nugget Company requested Mr Hughes, who was dredgemaster for some time previous to suspension, to give his opinion on the claim, and the following is his report:— Glecary, December 22, 1900. Mr E. Trythall, secretary Nugget Gold Dredging Company. Sir,—l have tho honour to report as follows re Nugget Company's claim at Glenary, of which I have been dredgemaster for the past three months. The claim I consider a very good one were a suitable dredge placed upon it; one capable of dredging to a depth of 45ft so as to reach the strata of gold-bearing wash now known to exist over the greater portion of the claim, the present dredge, through tho shortness of the ladder, being quite inadequate for the purpose. During my term of management on the present dredge I only touched bottom for 21 hours, and during that short period I obtained 4Joz of gold of a splendid sample. The claim is one well suited for dredging, every part of it being workable, and the stuff is of tho best description for shifting, there being very littlo cfoy to interfere with the operations, I

I have therefore the greatest confidence and 1 pleasure in stating tliiil I consider tliu property a moat valuable one wore a dreuge suitable forUhc ground placed upon it, and, if ao, I should bo most happy, to again resume the management.—l am, etc., Edward Hughes. BAIN IN THE LAKES DISTRICT. (Feom Our Own CoRHKsroNDENT.i AKBCWTOWN, January 0. For the past two gr three- weolca the weather has been very broken. A r> oo d dca.l of rain' fell'in'intermittent showers, which, though they did not rnise tho tivers much, kept up their, water level to above the normal point. Yesterday; and last iiight especially, there was a. pretty constant downpour, the consequence, being that tho rivers .ire up to ti degree tt> affect the Kawariui and Molynoux materially. NOTES FROM CROMWELL. (Fnoii Our Own Coßß*sroNi>F.tiT.l CROMWELL, January 9. Heavy ruin fell last night. The rivers rose about ai)lt, but are now steady. The weather is cionriiig. The water rose to tho platform on which tho Royal Maori pontoons are building, but did no damage. NOTRS FROM CLYDE. (From Ora Own Correspondent.) CLYDE, January 9. t'dpioiis ruin foil hero last night, and the Mftlyneiix is nbout Mil above tho normal level. The Vincent dredge started yesterday afternoun, but mot willi a> mishap, and is again slopped. The high rive.r will luivo the effect of stopping o|Mi'iiti<>iin with it few dredges. The Unity started yesterday, but tho high river ha:i interfered with further work. Later. 'Clio Molyneux is still rising. The weather is unsettled. NOTES FROM ALEXANDRA. IFnou Our Own Couiiehi'onuent.) AbKXANIMA, January 9. An indicated by tho weather telegrams from QcieeiiHtown, tho Molyneiix commenced rising during last night, and has been rising all day, there Iraiijf no sign of its falling Into in Iho nflcvnoon. The height at the Alexandra bridge is a little over 12ft übovo normal, being a riso of nbout 4Jft. Sonic of Hie dredges will be interfered with to a great extent, necessitating especial attention to mooring lines. ' A good deal of rain fell during the morning, THE WEST COAST. (Per United Press Association.) 1 GBEYMOUTH, January 0. The New Scotia, mine treated 450 tons tailings by tho cyanide process for a return of 950z gold. The following are the returns from the Progress mines for December:—Battery, 133i0z gold, from, 4102 tons; chlorinated, 9-loz gold from 45 tons; cyanided, 675 tons tailings for 4Gsoz gold. Tho total gold obtained is 15430z, valued nt £6301. Tho Consolidated Golden Fleeco mine put 1090 tons stone through the biittcry during December for a return of &18oz gold, valued at 12128. Owing to the height of the river the Grey River dredge was not working to-day. Tho Dobson No. 2 dredge was also idle.