MINING.

Otago Daily Times, Issue 13877, 15 April 1907, Page 6

MINING.

The height of tho Molyneux River tit Alexandra on Saturdsy morning was 10ft siu above tho normal mark. The Royal Waimumu dredgo is repairing,-' Tho Kising Sun,' at latest advices, was dropping back into the river cut. The return for Inst week wss IGoz Idwt for 127 hours' work. There was no wash-up on tho Otago No. 1 dredge list woak. The*return from -the No. 2 dmlgo was Moz. The manager of the Criffcl Lend Sluicing Company (Lid.) reports, under dale OUi inst., tha: ho will v/asli-uD on Saturday and each week p.floT that. He" also states that he has got rid cf most of the stones on the area being worked, ai:d ho can treat the waail niveh faster, 'i'lio wash gels heavier and pn-spiete are better as he gets deeper, and Ihero is a considerable- improvement upon the surfac-o stuff he has been treating. Ho was much pleased with matters last week, and although well into the lead and putting through wnsbdirt, it is really opening up work that is being dono, and the first washup may not be :is great aa expected, but after this he expects the returns to improve. . DREDGING RETURNS. During the week ending Saturdny, April 13, returns wero reported from tho following dredges:— Oz. dwt. gr. Mastertbn, Waikaia. 02 12 11 Myslery Flat, Waikaia, 132'nrs.. 54 10 0 Clntha River, Chitha. 205hrs .. 52 9 0 MycMy Greek, Waikaia, 183hrs.. 49 10 0 Rise and Shine- Nα 2, Cluiha Rive-r, 139hrs 46 14 0 Waikaka, United No. 1, WaikaU, l'Bhrs 41 14 0 Golden Run, Miller's Plat, 208hrs 31 10 0 Rise and Shine No. 1, Chitha . Hirer, 132hrs .. .... .. 31 5 0 Saudy Point, Alexandra, 132brs 31 2 0 Koputni, Waikaia, 136hrs .. 30 16 0 Golden Treasure, Miller's Plat, HlUrg 27 0 0 ".Vaikftka Queen, Waikafa, lMira si. io o Kura, Waikaia, 133hrs .. .. 19 11 0 Golden Bed, Miller's Flat, 126hra 18 6 0 Rising Sun, Clutha River. 127hra 16 1 0 Waikaka United No. 2, Wai-kak-a, 121hrs 15 U 0 Wainmmu Queen, Mataura, 120hra .. 14 o 0 Otago No. 2, Miller's Fiat, week 14 0 0 Lady Annie. Waikain, lOSbrs .. 12 13 '0 Waikaka, Wftikufai, llobrs .. 12 10 0 Contra! Charlton, Gore, 135hrs 12 SO Enterprise. Alexandra, 5 days .. 12-5 0 Golden Gate, Miller's Flat, 4 days 10 11 0 Charlton Creek, near Gore, week 10 0 0 Et'trick, Roxburgh', 70hra .. 810 0 HcKey's. Waikaia, 2 daya .. 5 15 0 Ma'au, Clyde, 4 days 5 0 0 Total 701 5 a The West Coast. Pactolus No. 1, 350hr9 ~ .. •57 o 0 Pt.ctolu3 Xo. 2, 128hrs .... JS 12 0 No Town Creek, 13!tlirs .... 48 0 0 Bignell's No Town, 139hrs .. 32 1G 0 New Trafalgar, OJhrs .... 1C 7 0 Total 195 15 0 DUNEDIN STOCK EXCHANGE. A dull week's business was brought to a close on 'Change on Saturday with a slightly better-inquiry (or slocks generally. Drcr>ing ami other mining stocks wero iirm at previous quotations, and investment sleeks wsio. in inquiry p.[ an- advance in soino instances' oa previous prices. Thcro was a sale of Enterpriso shares at 3s, Tho following are. Saturday's latest quotations, subject io tho usual brokerage: — Dhedging Stocks. Alexandra. Lead—Buyers Is, sollers 2s 6d. Bignell's'No Toot—Buyers 2s, sellers 4s. Dvnstan.Lead—Buyers 2s Id, sellers 2s od. Enterprise—Buyers 3s, sellers 3s Cd. Bitrick—Buyers Is Gd. tollers 3s Golclon Gate-Sellers B\ fa. Golden Run (paid)— Buyers 2s 3d, sellers 3a ?.d. Hartley and Riley-Bnyers lls Cd, sellers 14s. Island Blo3k—Buyers 2s 3d. Tellers 2s 6d. Msislcrton—Buyers £1 15s, sollors £i 2s Gd. Jlolyncux Hydraulic—Sellers 6s. Molyneux Kohinoor—Buyers Is, sellers 3s, Mystery Plal-Buyers £1 Ms Gd. Miwldy Creek—Buyers £3. New Alpine Gonsols-Sellors 2s. Now Bundigo—Sollers 3s Gd. New Fouttreu-milc Beach—Sellers 14s p, Prietolus—Sellers £1 12s Gd. Royal Wnimumu—Buyers 2s £d. Sailor's Bend—Sellers 10s Gd. Waikaku Queen—Buyers Bs. sellers 10s. Waikaka Queen (pref.)—SelleT3 12s. Hixixo Stocks, Wnihi—Sellers .-C9 lls. Talisman Consolidated—Buyers £1 12s se , - lers £1 13s. Knranui Cal«loninn—Sellers Is Gd. Roxburgh Amalgamated (contrib.l-Biiyers U Gd, sellers 5a Od. ' Komati Reefs—Buyers Is Bd. Hercules—Sollers £1. ixvKSTiiF.NT Stocks. National Insurance—Buyers £1 Gs. Westport Con.!— Buyers £1 2s. ' Milburn Lime (Ms paidJ-Bnycrs £1 G 3 3d sellers £1 7s. New Zealand Portland Cement—Buyers £1 ISs 3d. Donsgiiy's Kope—Buyers £o. D.I.C. (pref.)—Buyers £1 2s 3d.

AUCKLAND STOCK EXCHANGE. (From Odh Own Cohbespoxdent ) AUCKLAND, April 13. Stock Exchange sales: Talisman £1 ]o s 9,1. Crown, 83 Id; Wnihi'Extended,'Gs 7d; Tnirim broken Hills, 3s Gd; Old Kapanga, Is 4tl Closing quotations: Kuranui Caledonian—sellers Is <ld, buyers Is i!il; Now Kay Queen— sellers 3s, buyers 2s 9d; Waiotahi—scl'ers £1 7s,- buyers £1 Gs 3d; Crnwn-ssUers 83 °d buyers 8s; Tairua Broken Hills—sellers 3s 7d' buyers 3s ad; Talisman—sellers £1 l!ts, buyers £1 12g 6d; Waihi—sellers £9 9s Od, buyers B 7s Gd; Waihi Extended-sellers 63 8d buyers Gs M; Wnihi Grand Junction-sillers £2 Gs, buyers £2 Is 6d. THE WEST COAST. (Fko.ii iOor Own CoßiiEspoxnnxT.) ■ GHEYMOUTH, April 14. The Town Creek dredge, which had a thorough overhaul lately, is now in first-class °,"f' m llle ,n »el»nery is running splendidly. The prospeoig ahead aro regarded as very good. II was currently reported yesterday that the 100-acro block, formerly known as Urimmond and party s special claim at Scddon's -Terrace, ana which hod been.reserved by the trovemmont for some years for any comuany bringing in a water supply to Kimu'and Bark wreelt, had been thrown open, and 19 a Miiscqiisnco several claims have been pegged The Rimu Mi llfl .' s Association lias accepted tno tender of Fisher and party for driving a low level tunnel at Rimu. The estimated distance is 2300 ft,. and the price is 3= 3d per foot, with Is 3d extra per foot where ton a*h 3 are required, and 2s 3d wore side mid top laths are required. There were two other tenders or the work. It is estimated that the CO3. of the tunnel will run into about SCO, half of winch will be contributed by the Government, whilo the balance iias to be

raised locally, either by a drainage rato over tho ground affected or'by local subscription aud assistance from .local bodies. Our ReeKon correspondent telegraphs as follows on Saturday:—The Big Hivor mine manager reports that No. 9 level has been driven 19ft for lire week, ranking a total distanw of lift from tbo shaft.