MINING.

Otago Daily Times, Issue 15350, 13 January 1912, Page 12

MINING.

At Ihe Kariiiinui dredge did not rosuino wink till Into on Thursday afternoon there will not U) a wash-up this week. The secretary of Ihe .Maslerlon Company received a letter from the drcdgeuiaMor yesterday sluting thai he was getting on well with tho repairs ihoiigh there was n little morn to do than he at first had anticipated. The weather was good, and lie Imped lo start dredging before the cud of next week. Tlie secretary of tho Kopttl.i.i Co. ro|)orts a leliirn of 21oz lOthvt. The Secretary of the Island Work Sluicing Company reports a return of 550r. I2divl for I*ls hours' work. The svrotary of llic Xokomni Hydraulic Sluicing tympany reporl<i a wash-up from Xo. I claim, tlio result Mug GOboz. Tho Kti'd for the ilmv claims (Xo. 2 and 3 having idrosidv kvn rotiortcd) is E5-W. ■Idwl 12gr. DCXKDIN STOCK KXCIIAXGE. The first week of the New Year on the Duncdin Stuck Exchange Ims not lieen productive of it grenl deal of business, nor have very marked lliictiiations boon appiinnt in the price of any of the slocks. In tho dredging division ninllei's have been very ipiiet, no d-..iibt- owing to ihe fact Unit several of Ihe machines have not yet resumed operations, while few of lliuse that have started have so far reported any returns. There has been a buyer of Illaekwater Hive.rs all the week at 7s; but the only seller has been one at 8s 3d, and Electrics have been regularly on oll'er at 5s wiihoitt n buyer. A parcel of Golden Hods changed hiiiids on Tuesday at 10s 3d, ami these shared have since boon on oll'er at lis without, ii buyer. Ilnrtley and liileys and ivopuiais liave also hud consistent sellers, but for neither of these lines has a buyer coini) forward. A wide, margin exisls between buyers and sellers of Kise and Shines: the former are ottering £1 is with tlin littler holding out fov£l 10s. Xo special activity has in-1-ti apparent in milling slocks, and prices generally have ruled al even rates. Kuranui Caledonians have been fairly firm, aiul ihcro have lieen sellers at Is 3d without buyers. Old I Intimitis have been for sale al Is Od without result, ami Xetv Sylvius have been for sale at Is Oil also, with a buyer at Is sid. Towards tin' end of the" week Talisman Consolidated.-: liavo exhibited a finning tendency, and though there lias lieen an absence of business in llieiu oil 'Change, yosicrday's pi ices were £2 10s 3a (buyer) mid £2 lis Gil (seller). Waihis. on tin! other hand, have been inclined Ui weaken during the last-few days. Hnsiuos took place in l lieiii on Tuesday at £2 Ms 3d and £2 Ms Gd, and on Wodnwduy at £2 13s (nl, but yesterday's market, was easier and the closing prions were £2 ]2s and £2 ISs 3d, buyer and seller respectively. Wailii Cuand Junctions have been steady throughout, the week and business has taken place in ilteitt al £1 9.1, the market closing a trifle firmer veslerdav with a buver at £1 9, Oil and a seller at £1 10s 6.1.' Investment Stares, il is pleasing lo nolo, have opened on the firm side, and tliougli no great amount of business has lieen done in llieiu. ipioting has been very brisk. (In Monday a sale was reported in .Now Zealand Insurances at £4 Us ami more have been in demand at £•) lis 6d without attracting a further seller. National Insurances have been even ami business bus been effected at £1 lR* Gd, yesterday's market dining with a seller at the sumo figure bill no I'iiyer. I'ltioii Steams hate shown no variation, ami quotations have ranged ill the vicinity of £1 ISs 9d and £2. buyer and seller. A sale was reported ill WiMpori CoaU early in the week at £1 7.- 3d, ami prices have since remained even ill the m-ielibouuliivxl of '£1 7s (luiyerl and £1 7s 6(1 (seller). D.I.C. (preference* have lieen slightly fiini, and have been iii demand at £1 if.' with sellers al £1 o.s Gd. Xew Zealand Drugs have been inquired for on soicrul invasi'tis at £2 i>< Gil, but there have been no sellers on the market. New Zealand Paper Mills are slightly tinner than last year's closing rates, and sellers are asking £1 Is 6d. wilh buyers al £1 Os Gd. Dominion Rubbers have lieen markedly firm, and a pared changed hand- on Tuesday at. 10s premium, while prices generally have livu ranging in tin- m-ighlMiirliti «l of S>.- Oil (prim.) buyer, and 12s {prom.) seller. 'Hie following are yesterday's latest limitations, subject In iho usual brokerage: DmiHiiNo Stocks. niackwaler-lluver 7s. Kleeiric-Seller ns. Golden lied-Scllor Us Island lihvk-Sellcr Ms. Koputai—Seller 13>. Lady Uoxhurgh-Selor Is 3d. Xo Town Creek- -Buver Gd. Uise and Shine-Seller £1 10-. MiN-ixr. Stocks. Consolidated Coldlields- Seller 18s. Kuraiitii Caledonian-Seller Is Oil. Talisman C\itisoliilato l l-lluver £2 10s 3d. seller £2 Us 6d. Waihi-Huver £2 12s, seller £2 l.v 3d. Waibi tiraml .lunetioii-ltuver £! 9s 9,]. seller £1 10s Oil. IxvcsTJirsT Stocks. National Insurance-Seller £1 ISs 6»1. Slandaril Insurance™ Seller £.1 '1< ,\|. Wwlpml Coal Conip.iiiv -lluvev £1 7.«. seller £1 7s 6<l. D.!.(.'. tpref.l-nuwr £1 3s. seller £1 3s CJ. DMiiinien liubber— lluyer 9s tprem.). seller 12s Iprem.l. N.Z. Drug Coiiipanv i£2)-Duver £2 9s 6d.

N.Z. Paper Mill<-ISuvor £1 Os 6d, seller £1 Is 6d. Onm.'irii Woollen KurU.rv (."oinpiiiiv — liuynr £1 7s. Wright, Stephenson—Buyer £5 10s. AUCKLAND STOCK EXCHANGE IPku Uniti:i> Piikss Association.) AUCKLAND, January 12. The following business was done at the--3.15 p.m. o.i'.i todavi-Ox-id. uUI Consolidated, 1< oil; Waiotahi. 4s 9,1, 4s Bd, ■!< Ml; Wailajigl Coi*olidaJcd. 2s 0.1; Golden Crow. 9i; Tdhnan (.onnilidatcd. £?. lis, £?. Us id: Wuilii. £2 lis 5.1. £?. 12s 6.1; Waihi Grand Junction £1 10s 3.1, £l 10s. WELLINGTON STOCK EXCHANGE. (PEtt U.NITXI) PIIESS ASSOCIATION.) WBLLIXGTOX. Ja. iry 12. Sales repotted to tho Stock Exchange tod:ty were us follow,—lLuttwki'Reefs, Is; S-ixon, 1h 0M; Talisman, £2 10s 3.1, £2 Vk 9d. £2 lis; Wuilii. £2 12s 6.1. LONDON SHARK MARKET. Prce* Ajaocntion— By Telegraph—Copyright. I.nXDOX. January 11. Wuilii: liiiycrs, Sis 3d; sellers, 55i 3d. Wuilii Grand Junction: Buyer.-, £&>; seller.., 30.-.