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LATE MINING.

(Contiued from Page 19). The Stirling dredge washed up 3floz o£ gold for the week ended 10th inst. The Secretary of the Excelsior Gold Dredging Company informs us thafe the c-nginoer reports the acceptance of the tender of Messrs M'Kechnie and Fleming for the construction of pontoons, and the placing of the order for, a, Mw-

shall', Sons, and" Company's. engine. The plan* for the machinery fire' well'" forward, and tenders are expected to be- called in a day. or .two. ' T - NOTES- FROM? TtTAPIfKA. (Frow Ova- Wetherstones CofiKKSPOHDEHrr.f December IT. — The Golden. Crescent party 1 commenced erecting, their, elevating" plant and pipes on the 27tfi-- ulk, in Brotfghton's Gully. 1 Their intention 1 is, I understand', to wash th'afc and B'allarat Gully, and the? lbw-" flat', spur between the two. They'll ma&ei a 'start' at the '.boundary; wHere the* Gblflent Rise*' worked' up to, and* were" repaid so 1 welll- > ' • The Golden Crescent willr be ready, for elevating long before the last 1 of =the pipes for the- syphon- across- the Waiporfc River "leave. ' the railway station". If- tne-coMtraetbrs' for the , carrying of the pipes- don't, get on. quicker than, they" have- done,- if will' be near.' the 1 ' month 1 ; ot Maifch- Before- they-tiref alp out.^ -Tfie° G". C . ought , to -have a. time limit to. fche> contract. Tlio- heavy rain r of' the> 4t& infj£ ;did>. gocttl to some, .while- to others if drdKmyan^ There> has noV b'eek such' a- flood' ih' the 5 district for some time as- there' was on the; date named. The claims at".. German Flat", wert? levelled, and the plant buried; but' tfia ground b'eihg sh'al- • low,. thay caif. soon ug- the- faca again* llt is all hydraulic, and elevating; claims- therei The manager and: men:- of ,the . Local- Industry just saved- tHem claim from Being flooded. ■ It. would have meant' a. serious- loss tb tiiemi in plant', tiinej and' money:. _ By' great .good luck they had* SiOO' or 300 bundles? oft scrub' on - the- olbum',; ready for" any^'emergency.. The meji ' were workings ini the pouring.' rain* allthe 1 time, ; and. the wafer- -nearly- broke< in/on. them, several. • times. Thttbulk of theflood.water'in.Wetheri stones' was' below, where- the, G'dldfen Hise i» at work, so the G. R. hM no 'stoppage' of work.; Wetherstones' Flat' di thickly covered witlt broom and whin a, which make capital hiding ' places for the rabbits- and' oftwhich they mako - good vi 3&, for there are^-plenty* of them -there ; • but the^Klondyke dredge- is' slowly driving them up. the flat. THe dredge in working its way upwards thoroughly clears the' ground of, broom and whins, so the-' rabbit's- Have' tb move ahead , where the cover* is. THe- dredge* is' working steadily, and paying well at presjeni. ' ' , A Daily Times- could ; not be bought; in Lawrenco last. Saturday night, and. neither could a . • Witness be. got. DUNEDIN. STOCK, EXCHANGE. , Salesnvereeffected- on Tuesday at the followingpremiums: — Ahaura River, Id; Alpine Consols. 13s. 6d ; Arthur's Point, 3d ;. Central Electric, 4ffs; Electric Extended, 6s 6d and sb, 9d; Endeavour, 4s 9d; First Chance,. 9s 6d; Fraser Flat, 23 9d'; Gibbstoa, 4ja'; Great" Central, 4a; Kawarau Bridge, par ;. Metallic',, 15s ; Monte Christo, 5s 9d; Old' Dunstan-, 28 ;•< Richards' s Beach, 8s; Royal Maori, 2s 33: Sales' also took place at the following prices: — Hartley and • Riley, 1535 ;. Nevis, 20a 6d. ■ The- following are Tuesday's latest quotations, subject to tHe usual' brokerage : — i Alexandra' Bonanza — Sellere'Sd'-g:. ; Alexandra-Lead — Buyer3iss.'6di,BeHers-7s'3d pw .. . Alpine. Consols — Buyera>l2s'6d, sellers. 14a p. Alpine No. 2 — Buyers 8s 6d p. , A«ow JunotionTv.Buycrsils.Bdi sellers 2s pBannockburn Creek— Sellers par.. Bendigd — Buyers 6s 3d,- sellers 6s 9d. p«- . ' Blue Duck— Sellers. Is. 6<T p.. Boundary' Croek — Buyers 2s,. sellers 2a 9d'p.' Cairnmiur — Buyers Ba, sellers. 8s 3d p. ) Central Eleotrio — Buyers. £2 ps^sellers £2 7s p> 1 Charlfcon Creek — Sellers'lusp. , • Crom-weU — Sellers £3. ,' * .' Dunedin— Sellers. 12s. "', " "'- _ . Dunstan Lead — Buyerstl4s 9d, setters 1 16s 93. 'p. • • .*>.. - ' ' Dunstan Pioneer — Sellers la 63. p: Earnscleugh Kb. 3 — Buyers Is 6a, sellers' 3a 3d p. Eclipse — Sellers 9s 6d p.. Eleotric 1 Extended — Buyers 5s 9d'p. Endeavour — Buyers 4a 7^d, sellers 4s 9d p. Enterprise — Buyers. £L ,sa. Erickson's Reward — Buyers Is, sellers Is 3d p First' Chance — Buyers 9s 6&", ( sellers 9s 6d p. Praßcr Flat— Buyers 2s 7d-p. ' • . Galtee Mfcre— Buyers £1 0s 6d, aellera £1 2* < 6a. Galvanic— Biiyers 4s p. Gibb's Beach— Sellers 6d p. „.-; • Gibbsxon. — Sellers 6d p. , a . Gold Queenr-;Buyers 13s 6d", sellers 16s p. Golden Banner — Sellers 6d» p. Golden- Beach (eontrib.) — Buyeza'JEl' 6s, sellers £1 3s 3d, p. Golden Elbow — Buyers par. Golden Falls— Sellers 5s 6d p. , . Golden Gate — Buyers £6 2s 6d, sellers £6 15s. Golden. Gravel — Buyers 1a. 3d,, sellers Is 9d p. Golden Link — Buyers 3d dis, sellers par. Golden Mile-^Sellers.2s 6d"p. Golden Pomt — Buyers, £l'l2s} sellersiißl 18a. Golden Reward — Sellers par. Golden River — Buyers ls-6d p. Golden Run (paid)— Buyers £2 ss, sellers S3t 11s. Golden Standards-Sellers 3di p-. Great Contral-"-Buyers 48} sellers 5s p. Gi een stove Creek — Sailers. 6d^p. Grey River Consolidated — Sellers. 6d p. — Halfway House— Buyers. 9s 6d;'" sellers 11s 9tl P- - Harris's Beach — Sellers Gdg. " Hartley and" Riley— Buyers £7? 19a, sellers £3 U 6d'. Inch Valley— Sellers £1 18s 3d. Junction Electric (cum div.)— Buyers £2'ss<» ' sellers £2 10a. " Jutland Flat— Sellers 4s- 6d. , J . ■ _ Kawarau. Birfdge — S oilers, 3d p. ' ' Kawarau- Consolidated^— Sellers 6d dis. - • Kelly, and Casey — Buyers 2s 6d, sellers 8s p. Leaning. Rock— Bu> era, 3d, sellers 9d>p. Magnetic— Buyers £3 Is,, sellers £3 2s. Mauuherikia— Buyers £1 9s, sellers £2 lls 6d. Merrimac — Buyers 7s, sellers 8s 6d p., Miller's Flat Electric — Buyers Is dis, sellers '9d p. Moa Flat— Buyers 3s 6d', sellers 4s p. ' Molyneux Hydraulic Co. dredfe' (B "issue)-» Buyers £1 7s Bd, sellers £1 12s. Morning Star— Sellers 3s-9d. p. Naumai— Sellers par. Kelson Creek— Sellers 3s 6d p. 'Nevis — Sellers £1 ss. New Alexandra — Buyers £2' ss, sellers £2 10a. ' Number. 2 Matau — Sellers 2s- 6d p. Old Dunsta-a— Sellfirs 2s 'p. Ophir— Sellers 8s 6d. OxwelL Creek'— Buyers 25,. sellers 3s p. Gtago~-Sellers.JE2.7B-Gd,. \ i ' ' Premier Waikaka — Sellers 6d pu. Ttichards's Beach— Sellers Bs-6dp. 1 Rilcy's Beach— Sellers £1 19s. River Molyneux— Sellers 5» 6&p.. Royal Maori— Buyers 2s, sellers-2s 6d g. - Sailor's Bend— Buyers- 19a,. sellers £X p. Shotover — Sellers 3d dis. ; Skteen-mile BeacE— Buyers ls'6d,.sellers 2a ' Smith's Creek and Bannockburn: — Sellers la dis. Upper Magnetic — Buyers 4s p. Upper Waipori — Sellers 3s. Vincent— Buyers £2 '2s, sellers- £2 7s 6d. Vincent Extended— Buyers 9s 9d, sellers 10r 4Ad p. "Waikaka Forks— Buyers 6d, sellers Is p. ' West Matau— Sellers par. OTAGO STOCK EXCHANGE. Sales were made on Tuesday afc the following premiums: — Ahaura River, 3d; Electric Extended (contributing), 6s; Excelsior, 2s; Gibston, 4Jkl, 4d, and 6d; Great Central, 4s Gd; Okl Dunstan, 2<t and 2s 3d ; RichardsVßeach, <7rf 6d. Electric Extended - shares- (fully, paid* v"ua Raid, at 22a*

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https://paperspast.natlib.govt.nz/newspapers/OW18991214.2.102

Bibliographic details

Otago Witness, Issue 2389, 14 December 1899, Page 34

Word Count
1,151

LATE MINING. Otago Witness, Issue 2389, 14 December 1899, Page 34

LATE MINING. Otago Witness, Issue 2389, 14 December 1899, Page 34

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