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Notes from Reefton. (From Our Own Correspondent.)

REEFTON, August 5. Latest quotations are: — Alpine Extended, 6s 9d to 7s 3d ; Big River, 11s to 12s ; Cumberland Extended, Is to Is 3d ; Keep-it-dark, 24s to 255 ; Progress Mines (paid up), 30s to 325; Welcome (paid up), 2s 3d to 2s 9d; Croesus (Paparoa), 2s 9d to 3s; Buller Dredge, 17s to 18s; Consolidated dredge, 10s 6d to 11s 6d; Grey River dredge (vendors), 18s fid to 19s 6d; do (contrib.), 6s 6d to 7s; Buller Junction Dredging Company (vendors), 4s to ss; do (contrib.), 3b 3d to 3s Gd; Reefton Electric Light, Is 6d to Is 9d ; Grey Ga-s Company, IGGs to 170 a; Hokitika G as Company, 103s to 104s/ I have been informed that operations will be resumed at the Inkerman mine during the week. This intelligence will be received with gratification throughout the district. Returns: — Big River, 4430z amalgam, which produced 1650z 18dwt retorted gold from 145 tons ; Alpine, 3670z retorted gold from 960 tons. Big River. — The Mine Manager reports : Since last report we have timbered the lower intermediate, and started to rise on the stone. The stopes under No. 5 remain much the same in ' size, but the quality is a little better. Wo are still driving No. 5 level on the track of the reef. I The rise over this level is still on broken quartz. The contractors have driven No. 2 level 12ft for the week. The ground has been hard, but is now improving. Tho directors have declared a dividend of 9d.

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https://paperspast.natlib.govt.nz/newspapers/OW18990810.2.70

Bibliographic details

Otago Witness, Issue 2371, 10 August 1899, Page 24

Word Count
259

Notes from Reefton. (From Our Own Correspondent.) Otago Witness, Issue 2371, 10 August 1899, Page 24

Notes from Reefton. (From Our Own Correspondent.) Otago Witness, Issue 2371, 10 August 1899, Page 24

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