MINING.

Otago Daily Times, Issue 15433, 20 April 1912, Page 12

MINING.

There will bo no wash-up on tho Hartley and Riley oWjro this week. In reporting the past week's return tlte master of tho Electric No. 1 dredge status that boiler inspection interfered, with tho return ami with working generally. The 1911 dredge w-Jiich has bin working on tho top imrtion of the claim and winning fair returns will be taken down to tho bottom l)oiindary at the end of this week to givo that p-ortion of the river a trial while the river is low The directors of the Golden lied Dredging Company luiv 0 declared a dividend of Is nor sliare. payable on Thursday, April 25. " ■ DREDGING RETURNS. Oz. Dwt. Gr. Electric No. 2. Cromwell, 5 davs 46 1 C Golden Bed, Miller's Flat, 5 days 44 0 0 Knraiinui, Alexandra 5 days 26 4 0 Electric. No. !, Cromwell, 133hr-i 24 12 0 Masterton, Waikaia. ISSlirs 20 9 0 Tns West Coast. Success lHhrs 31 14 0 DI'NEDIN STOCK EXCHANGE, budinesi 111 uiu urulgiiijj and mining stuck sccliotio ot cn« iinnKev has not. been tianioiuarly tiiiak on uiu Duncdm Stock juic-taugo during tho past, week, but several dues ol invesuncM, shares have siiuwn tonic ur.uvity lnc prices 01 a number 01 .stocks t.AVo a lOJislitUiiWc Ulange dur- »»,; (lie pasc tow HceKa owing to various

utiisi's, awiil m .-ouio oases ii.ue weakened ana in oriiors lirimd. i'liu uuning >t<ick market is weak practically ail round, but Mm majority oi nivcsiiuuni sinirw tire linn an.! in dt.ii.uiid. lu ino UK'iljring slock section illackwater t(ivei> Had Olivers at 'is up till lnui>ila\, out ytelentiiy they wciv inquired lor at 3s, with a >cilor n't. al ife. hlwirio, ciun. div. on TmirMlay, haw. Abo liniwit somewhat, and wore, in Ormiiml ycst-emiiy at 4s Od, wiMi u seller Holding out tor us. A hardening tendency l;.i> ai>o bun cvidimt in Uuicm ikNi», cmsco, no uoubt, by the lunnuvcti returns liixn ilie dieogu and tile lacl that mi op. lion ha,s Imx'H ootained over some additional (rrouiKl. liu.-ines> was rv::urted ill this iiiiu yesterday al 13s, and prices !>ciloriillv i.t.ic iiuifiHi in Hm l vicinity oi )2s bit (buyer) and li: Oil (M.-!ler). tianicy and Kitcy.i are iu»u>r than in tile preuoiis week, and tliciv liave Ihvmi buyers at 8s 6(1, but no M'|!ei>. r.opuuus Have been on oiler '.ui n-vciul oceanions at i2s, mill Mamrlierikuus at Vs, hit in neither ca«j Imyo any buyers ooiin- forward. Rise and Chines l.ave contiiKK'd wiilk, and there h;i\e beeti sellers lit £i, wiili no better Olivers limn lit 15-

In t!ie mining htock division Oonsoliduto.il Goklticlds have been consistontly for sale at.! 15;-, with on oocisional buyer at ltks 6d. I Keepit-Darks have been linn, and business! was reported in them at £1 7s 3d on Salur-! (lay. while there have sincu been buycni : at £1 7ti fed. Ktiraimi lakdoniaiis have| lieen regularly en offer at 1& s<l, and Xew, Sylvia* at Is. wiikcut Imyera of either, and Old Ilaurakis have been quoted on several occasions at Is t<l Ibuyor) and Is i 10(1 |:ell«r), without any business nwiltini;. ■ May were iniiuired (or yesterday at lOd. with no seller under Is 3d, and iliey have als.i If.'eii quiet during tlio weok. . Tlu-re were .-cllers of Xew Zealand Crowns: , early in the week at 2s 9d. without buyers, i and Waitanifi-s have 1h«;i ipiotrd in (jje.' neisblwurlitycl of 9d and Is Id. buyer and ! seller, without iv.-ult. Talisman {.'oasoli- j have aßain been weak, and biiiiincss : lias taken place in them al £2 3s 3d and i £2 4s 3d. \'(sslerday's mtrket. closo<l al«jut even with current rates, with a bu\vr at £2 3* 9d oiid a seller at £2 4s 6d. WaihU al'O contintted at an ejttremoly low lotcl, to a still further eitoiit yceter-

day. Business in them has been very quiet, and only « few sales have l>eon recorded oil 'Change at £1 18s J<l and £1 18s 6d. Yesterday tlwro wus a seller at tho last call in £1 18s, but no buyer. Waihi Grand .1 unctions, which again opened easy early in tho week, experienced a temporary reeovcry on Wednesday, and on tliut day wero quotod at' £1 bs 9d and £1 7s 9d. buyer and seller rcsprolively. They have, however, cased olf again, anil yesterday wnr« on offer at £1 6s M, without, a buyer. Mount Lyells have been somewhat linn, and have stood at £1 IS* (buyer) and £1 ISs (seller). 11l the investment stock section National Banks have affnin ken firm, business taking place in them at £b Is od. ami prices generally ranging in tho vicinity <>i £6 Is (buyer) and £6 ,1* (sollei). Hank of New Zealand* have been in demand at £11 ss, with a seller at £11 10s, and thc.ro have been buvers of I'nioii Banks at £62, but no sellers. National Insurances bavo remained even, buyers offering £l 1&; 3d, and sellers asking £1 18s £d, while Smith British have been in (Ininond at £3 Us, without result Union Steams have been slightly firmer than in the previous week, and a fair amount of btt-iiie.vs has taken place, in Uiein at £2 7s and £2 7s 6d. A parcel was fold on '('imnge yesterday at £2 8s 6il, and the market closed firm with a further seller at this priee, and u buyer at 3d less. \Ve»l|>ort Coals have continued even, and business linn taken place in them at 1 7s c<l. yesterday's market closing with a buyer at £1 7s 4d. and a seller at £1 7s Sd. This stoek would n;> doubt show a tendency to iiartleii more, than it <lor« were it not for the general unrest in the labour world. New Zealand Drugs have been linn, and salea have Iweii reported in them on several occasions at £2 10s. while tho prevailing prices have been £2 Ss 9d (buyer) and £210s 3d (seller). Business lias also taken place in Dominion Rubbers at 7s 6d and 7s, and in D.I.C. (prof.) at £1 3s 6(1. Solo.—Union Steam, £2 8s 6d. Sales Reported.—Dominion Rubber, 7s 6d prem.; Golden Rc<l, 13s. The following are yesterday's latest quotations, subject to the usual brokerage: — DnEnnisn Stocks. Blaefcwater—Httyers Bs, eellcrs 12s. Electric—Buyers 4s 6(1, sellers 6s. Knputai-Seilcrs 12s, Mixing Stocks Consolidated Goldficlds—Buyers 10s 6d. fellers 15fi. Kcepit-Dark—Buvers £1 7s 6d, sellers £1 10s. Kiiranui CaWonian—Sellers Is sd. -May Queen—Buyers lOd, sellers Is 2d. Waitajigi—Sellers Is 3d. Talisman Omsolidntcd— Bnvors £2 3s 9d, fellers £2 4s 6d. Wailii-Sellors £1 18s. Waihi Grand Junction-Sellers £1 6s 3d. Waiolahi—Sellers 3s 4d. Mount Lycll—Sellers £1 15s. ItVFTVrXT STOCK"!. National Bank—Buyers £6 Is, sellers £6 3s. National Insurance—Buvers £1 18s 3d, sellers £1 18s 9d. South British Insurance—Buyers £3 14s. Standard Insurance—Sellers £1 lCs 3. Union Steam Ship Company—Buyers £2 es 3d, sellers £2 8s fxl. Westporl Coal (V>mpanv—Buyers £1 7s 4d, sellers £1 7s 9.1. New Zealand Drag (£2!-Buvcrs £2 9s 9d. sellers £2 life 3d. Ohwro Daily Times-Buyers £2 lis 6d. SlKirland and Co.—Buyers £1 4s. AUCKLAND STOCK EXCHANGE (Per United Press Association.) The business done on the Auckland Stock Exchange r>\ the 3.15 p.m. call f.-v «l.iv was as follows:—Occidental Consolidated. Is; Waiolahi. 3< Id: Old Ilauraki, Is Pd: Waihi. 37s 9<i. 37s 6d: Waihi Grand .Tiinsiion. ?5* fid j Taupiri Coal, S2s 6d; Auckland Gas, 68s. WELLINGTON STOCK EXCHANGE. (Per United Press Association.) WELLINGTON. April 19. The following sale was rmorted on ihe Stock ExchtiiY?c to-day:—Wellington Deposit and Mortgage Association, Bs.

WAIIII GRAND JUNCTION MINE (Kiiom Ot:n Own CnnitEsroxDEST.l WATHI. April 19. The south-east crosscut, at No. 6 level in the Wnilii Grand Junction mine is now in the fool wall country l>eyon<l the Geonjo reef, which proved to 1* inst on 7fr wide, of an average value of £2 Os 6d per ton. At No. 5 level the averngo width nf the Gconrc reef was between 4ft auri sft. Driving Ixilh wavs on the Rnvnl reef nt No. 6 level will lie commenced in a few dins. T/IXDON SHARE MARKET. Press Asrociation—By Telegraph—Copyright. LONDON, Anril IP. Talisman Consolidated—Btivers £2 2s fxl, Fellers £2 7s 6d.