MINING NEWS.

Star (Christchurch), Issue 7431, 28 November 1892, Page 3

MINING NEWS.

[FBOM OTTB OWN CORRESPONDENT.] EKEFTON, Nov. 26. The following is the Stock Exchange report: — The amalgam returns from the United Alpine, Globe, Progress and Big River batteries to-day total 12890z, and the retorted gold from the Golden Lead 970z for the battery running a month with two shifts. The result; of the cleaning up at the Cumberland mine is looked for on Monday, and next week the month's yield from the Alexander dredge is due, and a handsome return is expected. The Globe and Big Eiver yields are an improvement this week. A most promising development in the Specimen Hill lease is about the feature of the week, and these shares have had some brisk business, and buyers are still unsupplied. Very few other lines have been affected to any extent, and prices Bhow no material change for the week. The Big Eiver return sbowe that splendid quality quartz is being treated. Cumberlands are firm at former ratee, and reports concerning the mine are moat encouraging 1 . Eurekas And Homeward Bounds are as before. Globes are at laßt week's price, and a probable early rise is feoked for. Low rates offer for Hercules. No. 2 Keep-it-Darks were sold at Is 6d, and Sir Charleß Russells have buyers now and then. Sir Francis Drakes are a little under former rates, and the prospects are such as should lead to some investment. Specimen Hills Bold at from 1b upwards, the week closing with buyers prepared to go over that figure. There has been a little mention of United Alpines, and 16s 6d was offered to-day for email parcels. Wealth of Nations are stationary. Midday quotations :— Big Eiver, 7s 3d to 7s 9dj Cumberland, 12s 9i to 13s 3d ; Eureka,' 9d. to Is; Golden Lead, Is 6d to . Is 9d; Globe, 13s to 13b 6d; Homeward Bound, 9d to Is;. Hercules, 6dto 8d; Lord Edward, Is 6d to Is 9d; No. 2" Keep-it- Dark, 1b 6dto Is9d; Progress, 12s to 13s ; Sir Charles Russell, 1b Id to Is 3d ; Sir Francis Drake, la 3d to 1b 9d ; Success, 4d to 6d; Specimen Hill, Is 3d to Is 6d; St George, 8d to 9dj United Alpine, 16s 6d to 17s 3d; Wealth of Nations, Is 9d to 2s. ' [Peb Pbess Association.] GEEYMOUTH, Nov. 27. The coal export for the week was 3950 ! tonß. EEEFTON, Nov. 27. The foil owing are the week's gold returns ; ; Globe, 4120z of amalgam from 170 tons ; Big Eiver, 5520z of amalgam from 195 tons; Golden Lead, 970z of retorted gold ' for four weeks. ' WESTPOET, Nov. 27. The quantity of coal shipped during the week was 4070 tone. .-->., . . < > „.. . ■--'. DUNEDIN.Nov. 26., ] A trial crashing of a small. parcel of • stone .from the Wilson's river reef yielded < at the rate of over B£6z to the ton. < The Dnnedin Gold Dredging Company ' obtained 250z of gold. ] '