MINING NEWS.
Our Dunedin correspondent telegraphs that the master of the Island Creek Company's dredge reports that there is a decided improvement in tie wash. According to * report issued to the snare' holders of the "Watterson's Consols Company; an additional sran of £1500 will be required to equip the dredge and open out $he claim, and this sum ia proposed to be raised on ft first mortgage oa the dredge and claim, either from a Dank or private individual. Additional security will be required, uifd the shareholders are asked to assist the company by giving demand notes as guarantees for sums of from £5 to £50 according to the number of share* they hold. The contract for the erection of the machinery has been let to the Despatch Foundry Company, -who state they will finish, inside three months. CAKTEBBURY STOCK EXCHANGE. The following are yesterday's quotations, subject to the usual brokerage: — Ah»ttr» Biver, sellers 4s 6d pd. Bendigo, buyers 9s. pd. • First Chance, buyers 5s pd.
Pactolus, buyers 15s p. Bed Jacks, buyers 20s 6d pA. Beeves Proprietary, buyers 14s 6d pd.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19011016.2.16
Bibliographic details
Press, Volume LVIII, Issue 11097, 16 October 1901, Page 5
Word Count
182MINING NEWS. Press, Volume LVIII, Issue 11097, 16 October 1901, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in