THE WAIHI RETURN.

Press, Volume LVIII, Issue 10887, 12 February 1901, Page 3

THE WAIHI RETURN.

(press association tklegkaM.l AUCKLAND, February 11. The Waihi return is £23,055 from 12,968 tons. The total return to date amounts to £1,539,369. WEST COAST NOTES. (special to "the press.") GREYMOUTH, February 11. Eighty ounces amalgam were obtained last week from the Leviathan, which is estimated to yield 30oz of gold. The machinery is working better, but alterations are to be made. The dredge is to get into solid ground next week. The Now River dredge's returns are very poor, and the ground now being worked does not pay. The'dredge is to be moved up stream, where there is good ground, but it 13 likely she will either require to wait for a flood to get up, or cut her way up—a long job. The Grey River return. ICJoz, 19 better than was expected. The dredge ha 3 not been on bottom for three \veek3 past, and the best gold ha 3 been left behind. There has also been trouble with the submerged timber. It is intended to put down a bore ahead of whero the dredge is working, and if the depth i.s maintained, the ladder will be lengthened. This must be done before the claim will be -worked to advantage. No Nelson Creek return htia been given People in the district complain loudly of the secrecy, and of the Dunedin directors. The dredge is working well, and putting through a large quantity of dirt. The opinion is that the yield will improve us the dredge gets up the stream, where it will cross the main Dobeon Creek lead. The Waipuna dredge did not work last week, and certainly will not work thie week. Tomorrow morning, Mr Hamilton, of the foundry, will, with the directors, go \\p to «.°e what shall be done. The dredge is a trifle strained, and her position is none too good. Ford's Creek is working away towards the mouth of the creek. No official information is available as to the gold, but I hear that the metal is scarce, but that the prospects up the creek are better. Dobson No. 11. was working pretty steadily all the week, but did not get on the bottom. The return has not been made public here, though the dredgemaster promised to give the same every Saturday night. The dredge is now in mid-stream, working up. Mr Fache, the dredgemaster, has left the Waipnna. The bow of the dredge is now high and dry on shingle, while the stern dips in the water. Some difficulty will be experienced in getting her again m position. The Psictolus Gold Dredging Company s dredge will commence operations next week. (PBISS ASSOCIATION TELEGRAM.) DUNEDIN, February 11. Stock Exchange sales :—Premiums— Grey River ConsoHdated, 4s 3d and 4s 6d; Maor. King, 3«. Sales were also effected at the following prices-.-Alpine Console, £2 Is Electric. £2 11s 6d, £2 11« 9d, and « ]2s. First Chance. 28s 6d and 29s 6d; GAbs Beach. 16s 6d; Gold Queen, 33s and 32s 6d; Hartley and Biley £6 18a; Kawarau Bridge, Us 3d and Hβ Gd; Kelly and Casey, 33s Majestic, 27s and 30s; Mokoia, 2Ra 9d-, Monte Christo, 335; Naumai, 18s; Nelson Creel, -3 4s- New Alexandra, 12s and 13s; Sailors Bend, 39s 6d, 40s, 40s 3d, 41s, and (vendors 40s and 39s 6d; Sixteen Mile Beach, I.s Upper Magnetic, 355; Vincent Extended £2 7s- Waimumu, 28a; Waimumu Central, 23s Sales at discount-Garabakl, 2s; Rise and S During the week ended to-day, returns have been received from 34 dredges, the total gold return being 7980s 19dwt 14gr, or an averaee of 230z. Additional returns— Succees, 230z 4dwt; Majestic, 16oz 13dwt (opening up); Tuapeka. 16oz 13dwt; Chatto Creek, ISoz 15dwt; Upper Wfiipori, 12oz 9dwt. The Skipper Sluicing Company have washed up for 70oz lOdwts.