MINING.

Otago Daily Times, Issue 13926, 11 June 1907, Page 6

MINING.

The height of tlw Holyneux River yeeter- t day nsorniiig was s(t lin above the norma-1 h mark at Alexandra. 1 The secretary of tho Nelson Creek Company reports a return ol 230z for 126 horns' c work. t c A return of 3&oz is reported from the New s Feddersen dredge for 135 hours' work. s The secretary of the Matau Company re- t porta a return of 9oz ludwt, tho lemilt of a r bioken week's work, some time being lost iu opening out to the bed of the river. , The master of the Clyde dredge wired on j Saturday that he would probiiblj finish tho j present cut tluit night, and loavo on Wed- t nesday lot tho new claim. Ho wired again yesterday morning stating that the gold 1 vtss still there, and that ho would continuo dredging where ho was. 1 Duirng tho week ended Monday, June 10, 1 returns wero reported from 35 dredges in 1 Otago and Southland, tho total yield being * SSloz Sdwt, or an average o! 250z per dredgo. 1 Tho returns from eight West Coast dTedges < totalled '24Soz Sdwfc. Tho master of tho Rising Sun dredge re- ' ixirts as follows for last week: —"Fitted the elevator and overhauled engines mid boiler, 1 Mid started dredging on Wednesday night in tfco eastern side of tile cut, so aa to bring tho face straight. As this portion of tho paddock ( had not been touohod for six weeks, it was full of silt, and took the rest of the week to clean out. For that reason theia was no wash-up." DUNEDIN STOCK EXCHANGE. The share market opened yesterday morning with prices firm. nil round, but with still no apparent inclination on .he part of buyers . and sellers to do business. Tho following are yesterday's latest quotations, subject to the usual brokerage:— D&kdgimq Stocks. Bignell's No Town—Buyers 2s 9d, sellers Elwtrio—Sellers £1. Enterprise—Buyers 2s Gd. Ettriok—Buyers Is, sellers 3s. Golden Bed—Buyers 3s, sellers Ib. Golden Gate—Sellers £1 os, Goldan Run—Sellers Is. Goldon Treasure—Buyers £1 10s, Island Block—Buyc-rs Is Gd. Jimotion Electric—Buyers 6d, Lady Roxburgh (paid)— Sellers 10s. Itsniihcrikia—Scllors £1. Molyneux Kohinoor—Buyers 3s 3d. tellers •is Gd. New Alpine Consols—Sellers Is 3d. Bentligo—Buyers 2s Gd, sellers ss. Now Roxburgh Jubilee—Buyers 4s 6d. No Town Creek—Buyers 10s, seiiors lis. Olrig—Buyers 3s 3d. Pactolue—Sellers £1 13s. Rising Sun—Sellers 15s. Rise and Shine—Sellers 15s 6d. Mhino Stocks. Knranui Caledonian—Sellers Is 3d. Talisman Consolidated—Buyers £1 18s Sd, sellers £1 14s 3d. Eoibuigb Amalgamated (contrib.) —Buyers 63, sellers 7s Gd. , Big River—Buyers 6s. Ihvistmint Stocks. National Bank—Buyers £5 7s, sellers £5 6s 6d. Notional Insurance—Buyers £1 7s 9d. Km? Zealand Insurance—Buyers £4 7s 9d. Smrth British Insurance—Buyers £5 4a. Westport Goal—Buyers £7 10s. Now Zealand Oil and Co»l—Buyers Is, 3s. New Zealand Drug (49s paid)— Sellers £2 10s 3d. Danaghy's Rope—Buyers £5 Is. New Zealand Paper Mills—Buyers £1 3s 9d, Eollers £1 4s 3d. WELLINGTON STOCK EXCHANGE. (From Oub Owh Cobuespomdent.) WELLINGTON, Juno 10. The Wellington Stook Exchange reports sales of Taupiri Coal Company's shares today at 19s. There were sales of Taranaki Petroleums (£1 paid) at 10s Gd, of Talisman Consolidated at £1 15s (buyers £1 14s), and of Waihi Golds at £!) (buyers JEB 18s). The • Exchange has received advice that the return from tho Talisman Consolidated (Limited) J for May is £1G,979 from 4410 tons of ore. J I TIIE WEST COAST. (Prom Our Own Correspondent.) > GEEYMOUTH, June 10. t The Slab Hut Creek dredge got 18oz •ldvrt, j and tho Antonio's F'iat obtained 19oz 9dwt for five days' work. ' According to present developments at the ■ mii»o at Blaekwater, Mr Spencer estimates I that thero are 38,000 tons of oiuicc-stouo in . sight, NOTES FROM REEFTON. (FROM OUK OWJ? CORRESPONDENT.) REEFTON, Jiuie 10. The Kirwan's Howard property, battery, and plant, which wero submitted to public , auction, have been purchased by Mr P. N, 3 KingswoU for £150. 'l'tio New Feddersen dredgo will not cle4in up until Wednesday next. The returns lately oblained have been very satisfactory. The 'ilokoia drctlgo is stil! lying idle, dredging being hindered by an accumulation of sand. Work is being carried on in tho Alpino mine, but no fresh developments aro re- ' ported. Tho erection of a crushing plant on tho f ground formerly known as the Ulster claim, but now held by tlw Pha-nix Syndicate, will Ire proceeded with at once. A sample of stone showing no gold was sent to the School of Mines for assay, and yielded at the rate of 3oz lldvrt per ton.