MINING.

Otago Daily Times, Issue 15578, 7 October 1912, Page 6

MINING.

The master of the Rise and Shine No. 1 dredge rc|>orts that he is still opening out a 1-jL-y ill the new cut. Tlie .Mastcrlon dreogemaster reports that operations were continued last week on tlio western section. Tnc wash, which hud become poorer, was looking slightly better at the close of the week. Tlio depth of tho ground is from 2Ult to 24ft, with a rid pqieclay bottom. Tno Golacn Treasure dredge secured a return o( IYo/. lOdwt for 154 hours' work last week. During the previous week the dredge wiis stop|>oU lor a lew renewals and repairs. During ihc past week 10 Utago twid Southland dredges have reported returns amouiiliiig to a total of 2J3oz 4dwt, or marly 240/. per ilralge, TJirce West (.'oust dredges have won laloz lodwt. DHFDGING KBTUKNS. Oz. dut. gr. Rising Sun, Cromwell, 123hrs 49 5 0 Kuruiiiiiii, Alexandra, week .. '$ 18 (J Rise and Shine, Cromwell, 126hrs 25 11 0 W.ikaia, Waikaia, 137hrs ... 25 1U 0 Waikaka. I nited No. I, Waikaku, 125hrs 21 12 0 Kopittai, Waikaia, ]56iirs ... 19 16 0 Xl»stertoii, Waikaia, l36hrs ... 19 u 0 tiolden 'h-easinv. Miller's Flit 17 It) 0 Ma.miherikia, 133hrs 17 0 0 Olrig, week 15 12 0 Total 238 14 0 The West Coast. Worksop. 1201ns 80 15 0 Success. 115hn 32 0 U Bluckwatei River, 147lir= ...19 0 0 Toi.il 131 15 0 IH'XI-DIN STOCK KXCHAXGK. Dunking stocks were not quoted on "Change at all on Saiuiduv, and no actual siles were elic-cUd during either call. Business was icportrd in .\ew Sylvias at Is 2-;»l. ami in Occidentals at U 2Jil. Them »> piac.iit.iily no appreciate change in the vilues of the mining stocks quoted. Talismans "era iii(|tiiiT-(l for at £1 19j 3d, tiiih seller? at £2. Waihi.-. appeared to be, if anytiiing. a trifle firmer .and were otlered at £1 10.- 3d. with buyers quoting 9d less. Huyers of Hank of New Zeatumls otTcred £11 U. but found no seller below £11 6d. I'nioti Steams were quoted at £2 6s 9d, £2 7s 3d, buyer and seller respectively. A sale was reported in Mjllr.irn Limes at £l 19s 6d. but a buying offer at thai figure drew no response. Sale* Reported.--New Svlvia. !s 2Jd: Occidental. U 2Jd; Milb-.ini Lime, £1 19s 6d. The following are Sa-.urdav's latest quotations, jiihjec; to the usual taokenge; — MiNixti Stocks R.vs GnMlield-Sollers 5s -d. Consolidated Goldlields--Sellers 14s 6d. Kuranui Caledonian—Sellers Is sd. New Svlvia-iWlers Is 2-UI. Old llauraki-Sollors Is 4d. X.Z. Crown—Sellers 2s 4d. Waiumgi-Buyers 9d. sellers Is. Watchman—Buyers Is 6d. TaJisman Consolidated—Buvers £1 19s 3d, sellers £2.