MINING.

Gisborne Times, Volume XXVII, Issue 2570, 3 August 1909, Page 2

MINING.

- ■ ■ - AUCKLAND STOCK EXCHANGE (Special to “Times.”) • AUCKLAND, August 2. There was another busy day on the Exchange to-day. Waihis sold at £9 His 6d, Junctions from 54s to 54s 6d to 52sf‘ fid to 535, do options 32s 6d, Extended 7s lOd to 7s 7d, Consolidated 5s 8d to 5s 7d, Beach 7£d, Pride pf VVailii Is 3d to Is 2d, Talisman 59s to 59s 3d, Crown 7s 3d to 7s 2d, Golden Belt (paid) Is Id to Is, Komata Reefs Bsd to 9d, Maoriland lOd, Phoenix lOd, Golden Hills 6s lid to 7s to 6s lOd, Broken Hills 2s 9d to 2s 10d, Dixons Is 2d, Caledonian 2s 4d to 2s 3d, May Queen 6s 3d to 6s 6d to 6s sd, Sylvia 5s 2d to 4s 5d to 4s 4d, Alburnia (paid) 3s Id to 3s 2d'to 3s, do (contributing) 2s Sd to 2s 7d, Saxon 2s 7d to 2s 6d

to 2s 7d, Thames Is 2d, Victoria 2sGd to 2s 5d to 2s Gd, Waiotahi Bs, to 7s 2d to 7s 4d, Waitaugi 4s to 3s lid, Watchman 2s 9d to 3s to 2s lid, Consolidated ’ Goldliclds 23s Gd to - 245, Royal Oalc (paid) 4s 5d to 4s id, do (contributing) 3s 9d to 3s lid to 3s Gd. 4 The closing prices wore: Wailii—■Sellers £9 11s Gd, buyers, £9 L Ids. y-y. :■/ Junction —53a and 52s 9d. J Do Options—3ls and 30s. , Extended —7s 8d and 7s BcL [ Consolidated—ss 8d and 5s 7d. ! Beach—Bd and 7d. I Pride of Waihi —Is 2d and Is Id. Talisman —59s Gd and 595. Crown —7s 3d and 7s Id. Golden Belt (paid)—ls 2d and Is. Ivomata Reefs —9d and Bid. Maoriland—loid and lOd. I Phoenix —lOid and lOd. Broken Hill—2s lid and 2s lOd. Golden Hills —7s and 6s lOd. Dixons —Is 3d and Is Id. . Caledonian —2s 4d and 2s 3d. May Queen —Gs 5d and 6s 4d. ' Sylvia—4s 4d and 4s 3d. Alburnia (paid) —3s and 2s lid. 1 Do Contributing—2s 7d and 2s Gd. Saxon —2s 7d and- 2s Gd. Thames —Is 2d and Is Id. Victoria —2s Gd and 2s sd. 1 Waiotahi—7s 4d and 7s 3d. Waitangi—4s and 3s lid. 1 Watchman —2s lid and 2s 9d. Consolidated Goldfields —25s and 245. Progress—l6s ®d andj 15s 6d. Royal Oak (paid)—4s 2d and 4s. 1 Do Contributing—3s 7d and 3s Gd. THE LARGEST GOLD DREDGE IN THE WORLD. i Pick I’ it less Association.) I GORE, August 2. The pontoons of what is described ■ as the largest gold dredge in the world were successfully launched at Waikaka r alley, 12 miles from Gore, on Saturday afternoon. The dimensions of the dredge will be: ‘Length 130 ft, breadth 28ft, depth Bft. It is being built by Messrs MacGteorge Bros, to dredge deep . leads to 50ft and further, if found necessary. It will cost from £9OOO to ! £IO.OOO, and will lift 180 tons per hour. Speaking to an “Ensign”_ rdpresenta- ; tive, Mr. J. Mac George said, “It is no experiment. The ground has been too well prospected for that.” This being ■ so, it will prolong the life of the industry in the district for another 20 years. ■ch of the ground already dredged ’ will bo turned over again. It was only recently that these deeper leads were l found to oxist. They are believed to [ bold gold never disturbed by stream " tribution. The result is awaited t with considerable interest.