MINING.

Otago Daily Times, Issue 13545, 19 March 1906, Page 6

MINING.

There was no Tclurn from the Waimuimi Queen last week. The engines arc being repaired. 'i*ho Xew Perseverance Xo. 1 dredge did not wash up last week. She is running on for another week. The returns of (he Olago Gold Dredging Co.'s dredges for the week were:—No. 1, 2Soz lOdirt for 131 hours; Xo. 2, 230z for ISO hours. The drift is reDorted to be very bad. The Masterton dredge started on Monday last, and a wire received at the end cf the week stated that everything was going well. The wire accompanying the announcement of the Rise and Shine No. 1 return stated that prospects, were unchanged. ??o alteration is reported in the condition of the Molyneux Haver, which remained at the 7ft ■ 3in mark on Saturday. A Wastport telegram states that the Westport. Coal.Company's output last w«k was W tens tfewt,

THE WEEK'S DREDGING RETURNS. During the week ended Saturday, March 17, returns were reported from the following dredges:— Oz. dwt. gr. Golden Bed, Miller's Flat, 183h rs 61 10 0 Junction Electric No. 1, Cromwell , 67 18 0 Waikaia United No. 1, Wai- ' kaka, 122hrs 49 2 0 Rise and Shine No. 1, Upner Clutha '.. 48 3 0 Golden Run, Miller's Flat, 153hrs 43 0 0 Rise and Shine Nio. 2, Upper Clutha, 188hrs 44 15 0 Sandy Point. Alexandra, 130hrs 44 i 0 Waikaka United No. 2, Waikaka, lMhrs ;. 33 0 0 Muddy Creek. Waikaia, 125hrs.. 31 3 0 Rising Sun, Up. Clutha, HOhrs 29 4 0 Punt, Up. Clutha, 133hrs ..' 28 17 0 Otago No, 1, Miller's Flat, ■ 131hrs 28 10 0 Xew Perseverance No. 2, Alexandra, HOhrs 27 0 II Waikaia, Waikaia, 134hrs .. 23 12 0 Otago No. 2, Miller's Flat, l.lOhrs .. 23 0 0 Enterprise, Alexandra, 133hrs 22 0 0 Royal Waiimumi, nr Matatira, 131hrs .. .. .20 5 0 Golden Treasure, Miller's Flat, week 20 0 0 Waikaka Queen. Waikaka, 7 115hrs 19 4 0 Junction Electric No. 3, Cromwell 19 0 0 Golden Gate, Miller's Flat, week 17 12 0 Dunstan Lead, Alexandra, week 17 10 0 Alexandra Lead, Alexandra, j 90hrs ~. .. IB 0 0 Central Charlton, nr Gore, 138hrs ) 15 0 0 Chariton Creek, nr Gore, wk .. 15 0 0 Garden Gully, Waikaka, 5 days H 8 0 Waikaka. Waikaka, 130hrs .. 13 6 0 Revival, Clutha River, UGhrs .. 1.1 G 0 Lady Roxburgh, Roxburgh, wk 13 0 0 Monte Christo. Clyde, 4 days .. 12 10 0 Ladv Annie, Waikaia, 13lhrs .. 11 11 0 Mystery Flat, 'Waikaia, l!6hra 3 0 0 Total 813 10 0 The West Coast. Blackwater River, 128brs .. 50 10 0 No Town Creek. MGlirs ~ ..38 0 0 New Trafalgar, llohrs .. .. 20 0 0 Al, 119hrs 17 5 0 Total 125 15 0 DUNEDIN STOCK EXCHANGE.

The week-end market was quiet on the Sleek Exchange en Saturday, and no business was transacted. The selling price of Golden Beds finned up to ISs 9d, and buyers at 17s 3d were unable to execute their commissions. The market in other stocks, with one or two slight exceptions, remained the sumo as during the week, and prices genearlly were unaffected by the. unsatisfactory condition of the rivers or the falling off in the gold returns for the week Private advices received in town confirm previous reports that there is a considerable quantity of drift running in the Moiyneux River, which at latest, advices remained at the 7ft 3in mark at Alexandra. So far as present indications go, the weather remains unsettled in Ihc Lakes district, and unless there is a speedy improveimiet the subsidence of the flood water will be slow, and there is also a possibility of a further rise. In any case, and viewed in its most hopeful aspect, the change in the condition oi the Moiyneux and the tributaries feeding it will affect the returns for a. few weeks of a number_ of the goldwinning machines. No sales were recorded on 'Change on Saturday morning. Following are Saturday's quotations, subject to the usual brokerage:— Alexandra. Bonanza—Buyers Bs, sellers 9s. Bignell's No Town—Buvers 5s 3d, sellers 7s 3d.

Blaekwater (pakls)—Buyers 21s. Chicago—Buyers 12s 6d, sellers 13s 3d. Electric—Buyers 2Gs, sellers 283. Enterprise—Buyers Bs. sellers 10s. Ettrick—Buyers 3s 3d. Go.'den Bed—Buyers 17s 3d, sellers 18s 9d. Golden Run—Buyers 255. Hartley and Riley—Buyers 17s Gd. Island Block—Sellers ns Gd. Junotion Electric—Buyers 2s. sellers 3s 9d. Moiyneux Kohinoor (pa-ids)— Sellers 12s 3d. Moiyneux Kohinoors (contribs.)—Buyers 8a !d, sellers 10s. Mystery Flat-Sellers 325. Nelson Creek-Sellers ISs. New Alpine Consols—Buvers 10s Gd, sellers 12s.

New Roxburgh Jubilee (paid)— Sellers Mi 6d,

Rising Sun—Sellers 21s. Riley's Beach—Sellers Gs. Rise and Shine—Sellers 21s. Sailor's Bend—Sellers 18s. , Mixing. Roxburgh Amalgamated (paid)— Buyers 4s. Roxburgh (eontrib.)—Buyers 3s Gd, sellers Is.

Keep-il-Diirk—Buyers 325.

INVESTMENT STOCKS. National Bank—Buyers £6 ss, sellers £G 10s.

National Insurance—Buyers 245. Standard Insurance—Buyers 18s 3d. Union Steam Ship Co.—Buyers JEIG. Commercial Property—Buyers Gs 3d. N.Z. Portland Cement—Buyers 30s. M'Leod's Soap—Buyers £8, sellers £9.

AUCKLAND STOCK EXCHANGE. (From Our. Own Correspondent.)

AUCKLAND, March 18. The following were Saturday's sales on the Stock Exchange:—Kuranui Caledonian. 2ssd; Waiotahi. £i Ms, £i Us Gd, JBS 15s, £5 Us; Talisman, 275. 2Gs Gd; Wntlii. Si 9s. The following were the casing quotations: —Kuranui Caledonian—sellers 2s Gd, buyers 2s 4d; New May Queen. 4s 7d and 4s 9d; Victoria, Is gd an Is sd; Waiotahi, £5 15s and £5 14s; Tairua Broken Hills, 2s !)d and 2s 7d; Talisman, 26s 9d and 2Gs 3d; Wnihi, £7 10s and £7 Ss Gd; Waihi Extended, 5s 7d and 5s 4d.