MINING.

Otago Daily Times, Issue 14461, 2 March 1909, Page 6

MINING.

The height of the rivor was 4ft Bin above (he normal mark at Alexandra yesterday, Tho weather continues mild. A return of 260z 17chvt for 250 hours' work is reported from the Waikaka Queen dredge. T-hc master of the Nelson Creek dredge rciwrts a return of 220z for 117 hours. Tho Molyncux Hydraulic dTodgemaster has washed up for a return of 12oz 7dwt 6grThe return obtained last wa>k from the Central Charlton claim is considered by the dredgomn.ster fairly ratiWaotorv from section 1. All tlio machinery is rinitiing well. Tho Rising Sun dredgemaster's report for the week ended February 27 says:— "There is no change to report. The depth' of loam on the top side is still troublesome. The river is very low, and I intend to dredge away a point to let. the current in, which will help to wash it awav. The machinery is running well. DUNEDIN STOCK EXCHANGE. The following are yesterday's latest quotations, subject to tlia usual brokerage: — Dredging Stocks. Alexandra Eureka—Sellers 4s. ( U)1t!:>!i Beil—Buyers S-. sellere 7s. llartluy and Kilcy— Buyers 18s, Muddy Creek—Buyers £2 2s. No Town Creek— {I- 6(1. Rise and Shine—Buyers £1 12s 9d, Sailor's Bend—Buyers Es 9d. Mining Stocks. Talisman Consolidated—Buyars £2 4e 3d. sellers £2 se. Wailii Grand Junction—Buyers £1 ss. Investment Stoces. National Insurance—Buyers £1 Bs. Wvstport Coal Compuny—Sellers £6 7s. National Mortgage Companv—Sellers £2 17s. D.I-.C. (Pref.)—Rityei-s £1 Is 6d. D.I.C. (Ord.)—Sellers 5s 4d, Now Zealand Drug (£3.l—Sellers £2 9s. Now Z?a!aud Portland Ceiurti:-t—Stivers £1 35s otl, sellers £1 16s Bd. WELLINGTON ST(JCK EXCHANGE. (Frosi Our Own Correspondent.) ELLINGTON, Marnh 1. The only sale on 'Change to-da/ was a parcel of Saxon shares at Is 6d. NOTES FROM ALEXANDRA. (FliOit Otiß o\Y.\" CORRESPOSDEXT.) ALEXANDRA, March 1. Mining is quiet, and the dredges on the flats are working steadily. Everitt ami party are '.'reeling their battery on the site of the quartz mine at Conroy's Gully. Mr ll<ib"rt Symes is engaged in talcing out ston? of good quality from his mine cn tho Old Man Range. The alluvial rush down the gorge below Alexandra 119-S assumed a quieter attiti.de, but some parties are reported as obtaining good prosjiects It is understood that ill? ercciion of smelling works at. tho site of Uie antimony niine_will lie proceeded with iimnediateiy. Mr Kjugdon, u m\nir\g e\[v.,rl from Syil ivev, who inspected tho mi no when it .was •

first taken un by tho present, company, is expected to arrive here Hi is week to supervise 111? erection of tho smelling plant, which is b'jing iin|>orled from Syiincj.