MINING.

Otago Daily Times, Issue 14703, 10 December 1909, Page 6

MINING.

| 1.!"!■(> was no reported chanjro in Hie ■u'ii;iil: 01 I 1 c Moiyneux River yesterday. The river was Bft 4in above the normal marl; at Alexandra on Wednesday. The master of the South Waikaia dredge iv|x>rts a return of 6oz sdwt for a week's dredging. The Koxbui'jrh Amalgamated Mining and Sluiwnir Co. report- a return for tb month of ;340z. alio imumirer renorts that tile inajii uoilion of this return was obtained from the overburden It v;i 6 only within the last few days that he succeeded in reaching bottom wash, which promises well. 'l'hc master of the KopnUii dredge relK>rts a return of 590/. lOdwt for 139 'hours' dredging The master of the Waikaia. dredge rq»rt« a return of 18oz sdwt for 113 horns. The master of the Mystery Flat dredge reports a. return of 250z. 9dwt for 157 hours. a'ho master of the Masterton dredge repori.s a return of Mo/. 4dwt for 133 hours' dredging. The master of the Masterton dredge reports a jj-ood run over tho full length of the cut. There was no change in the nature of the ground, which ranged from 17ft to 29ft in depth. The secretary of the Otago Company report-; a good week's work from 'both diedges. Xo 1 dredge during the present week had to clear away tailing for the Minnow; of ilivcflinj; more mutter into the

paddock. an<l as the drift may interfere | with No. 2 dredge, tlie returns may bo all'ccled accordingly. '

The master of the Sandy point' .dredge reports having dredged for 106 limirs during Inst wsck, stopping on Tuesday and Wed-ue-siay to put new ton ttimbir floats on small elevator and effect other small repairs. The cut is fou/ chains wide and 30ft average depth. Worked 12ft ahead, and prospects continue about the amp. the best of flic gold at present being within the cut. The stacking room in very limited at present. The manager of the Waihi Grand Junction mine reports as follows:—" Running 30 stamps 24 days. Crushed 5182 tons, value £9621. Martha lede Xo. 5 level west 314 ft. low grade. Martha lede No. 5 level east; holed through to winze. No. 4 lode No. 5 level east 3<i9ft; width of face 50in; value £l 19, 3d. No. 4 lode No. 5 level west 209 ft. widthof ore soin. value £1 17s 3d. Royal lode No. 5 level east 66ft, width of ore 47in, value £2 Bs. Royal lode No. 5 lovol west 57ft, width of ore 47in, value £1 5s 6d, DUNEDIN STOCK EXCHANGE. Waihi Grand Junctions found favour with buyers yesterday, and four parcels changed hands at. 34s 'id in each instance. Kuranui Caledonians accounted for one sale at Is 2d, and ,i reported side of Old Ilaurakis at 2sßd completed the business. Sales.—Kuranui Caledonian, Is 2d; Waihi Grand Junclion, 34s 6d. 34s 6d. 34s 6tl, 34, 6d. Reported Sale.-Old Ilauraki 2s Bd. The following are yesterday's latest quotations, subject to the usual brokerage:— fiKUGixc Stocks. Alexandra Eureka—Sellers 3s. Blackwater—Buyers 4s 6d, seller,! 5s 6d. Electric—Sellers 4s. Golden Bed—Buvers 18s 3d, sellers 19s. Hartley and Kilcy-Buycrs 13s 6d, Kqiiitai-I3u}crs £1 3s, .sellers £1 7s. l'actol us—Buyers ss, sellers 7s. Rise and Slime—Buyers £1 17s, sellers£2. Mining Stocks, Consolidated Goldfields—Buyers 18s, eelbrs 18s 9d. Progress Mines of New Zealand—Buvers 12s r 3d. Kuranui Caledonian—Buvers Is lid, sclleis Is 4d Old Haurnki-Buyers 2s 6d, sellers 2s Bd. Tasnianian Copper—Buyers ss, sellers 6s. Talisman Consolidated—Buvers £2 3s 3d, sellers £2 4s 9d. Wailti—Sellers £9 16s 6d. Waibi Grand Junction—Buyers £1 14s 6d, sellers £1 15s. Hercules—Solid's 14s. INVESTMENT STOCKS. National Insurance—Buyers £1 7s IJ<l. Union 5.5. Co-Sellers £1 13s 6d. Milburn Lime and Cement (£ll— Buyers £i Sstil. Mosgicl Woollen Factory-Sellers £2 18s.

AUCKLAND STOCK EXCHANGE. (Per United Press Association.) AUCKLAND, December 9. The following business was dono at the afternoon call to-day :—Kuranui Caledonian, 1-Is 2d,.1s Id; New Sylvia, 5s Id; Waiolalu, |-'4s 9d, 4s. 10d; Consolidated Goldfields, 18s 6d; Golden Pah, Old Hauraki. ?s 9d. 2s Ud, 3s Id. 3s; New Zealand Crown, Is lOd, ss; Golden Belt (pd.), 6{i; Tairui Broken Hills, Is 2d; Talisman- Consolidaled, Ws 6tl; Waihi Extended, 365; Waihi Grand Junction, 34s 9d. WELLINGTON STOCK EXCHANGE. (Per United' Press Association.) WELLINGTON, December 9. The following sales were effected to-dav: Talisman Consolidated, £2 ss; Ross Goldfields, 9s. Sales reported:—Crown, 4s Bd; Talisman Consolidated, £2 6s 6d, £2 6s 6jkl, £2 5s od. NEW ALPINE MINE (From Our Own Cosuesi'ONdekt.) GREYMOUTH, December 9. The following is a copy of tho mine manager's report for the week ending December 7, 190P:- " During the week the north law was extended 32ft, making a total distance north from the crosscut of 417 ft. Nothing of any value was revealed during the last two rounds A body of stone came in, measuring 2ft 6in in width, but this overling it had pirched to Ift at. the lop, and the stone track is bearing off to the cast. I expect this stone to lead up to tho north winze block. Samples have been taken.' but no gold was seen in breaking down." MOUNT LYELL RETURNS. Press Association—By Telegraph—Copyright. MELBOURNE, December 9. (Received Dee. 9, at 11-10 p.m. ) The manager of tho Mount Lyell ■ Companv reports that from Novembe-i i till December 1, 28.f06 tens, together with 20 tons of purchased ore, were treated at the. converters, and produced 551 tons of blister copper, containing- 5M tons of coiiiwr, 46.7C0 ounces of silver, and 1145 ounces of gold.