MINING NEWS.
THE CANTERBURY STOCK EXCHANGE.
The following are Saturday's sales: —Erict- ■ son's Reward 3a 6d p, Kelly and Casey 8s 6d; P- Saturday's quotations are as follows: — Buyers: Callaghan Creek 9d, Greenstone Creek 3d. Sellers: Aldinga Is 3d, Caledoiria la, Callaghan Creek 3s, Earnscieugb. No. 3 2s Gd, Golden Gravel Is, Great Woodstock la,. Grey River Consolidated 3s 6d, Grey Kiver Extended 2a, Grey Monarch 2a, New River Is, No Town Creek 2s 6d, Eoss Day Dawn Is Cd, Royal Sovereign 2a dis, Reefton United Is 6d, Shellback (id, Teremakau 6d, Victory 4s, Watterson's Consols Is 9d, Westland 6d, Yellowstone Is. Paid: Al 225, Golden Beach 35a, Mokoia 27s 6d. Par: Biackwater Kiver, Commissioner's Flat, Hokitika Junction, Ho rowai, Kawarau Consolidated, La Franchi, Major Robin, Morven Ferry, Perrett's Junc tion, Red Jacks, Reeves's Proprietary, Wai mea, Waipuna Creek.
The manager of the Alpha Gold Mining Company, Preservation Inlet (Mr H. A. Bruce) has received advice from the mine manager that the last crushing of 340 tons of atone produced 1490zs ldwt of amalgam, equal to 560z 3dwt retorted gold. They have struck No. 2 reef, which is a splendid looking reef, carrying a little gold, which it ia ex pected will improve going north. At present it will average 3dwts or 4dwts to the ton, although very fair prospects can be got at times By pounding and dish, washing. The .No. ? reef was ctrt at 34ft 6in, and ia about 2ft 6in wide, being a well-defined body of quartz. South drive on western portion of reef extended 21ft, total 84ft, the last 20ft has gone up on the slide, this last portion aver ages 4ft wide, and carries a little gold. Most of the last crushing has come from this point.
BULLER DISTRICT NOTES.
