DUNEDIN SHARE MARKET.
(~U3S ASSOCIATION TELEGRAM.) DUXEDIX, May 9. Sales on the Dunedin _XL-iinnge to-day:—' lexandra Lead 13a. Davis Bend (contributors) I Prem., (paids) 12a 6d, Ettrick 6s 6d, Junc>a -lsptnc- 14„ .. , ,
WEST COAST NOTES. (SPECIAL TO "THE PRESS.") GREYMOUTH, May 10. Last week was possibly the dullest in regard to dredging matters that baa been experienced on .the West Coast for the pa=t two years. Stock of every description, was quite unsaleable, holders appearing to have a regular "fit of tho blues"; yet the returns up to date aro l„Ooz more than for the corresponding period of the previous year. The Nelson Creek division nave not during the last two or three weeks come like, anything up to expectations, whiio the falling off of tho Notown Cre-ek, .\orth Beach, and Greenstone dredges, coupled with tho reconstruction of the Red Jacks and Couimiaeioiicrs' Fiat Companies have all tended to increase the general depression Next month will see lour new rru-.cn-ino-i at work, and several o'.ai:*, ihrxl have been overhauling, again iv commission. „ revival may bo iuoked for.
IVj Leviathan Company got 3'2oz for tho w.t-k. Tho divdgo ,* working an uneven bottom, _v.l .he v.-usn niiiy cr run oat to is, n...i,j tiiii. Uver at a->.y u;_e, the country Lei'g s-> .r:e-/u!ar.
liw St_. e y -ii„„jia; v Lojd-* Company's divoew 14 _v.orki::.g xie.il wa..n, but ■_«-■ Uioui.d ii L.,:d _:.«! the machine not up to requirements. Cuiislui.l Ln-eiiiUg-s ate the le-iiilt.
lhe Aiding* Company's dredge, although still n. broken ground.' got -ijcz Kr l-i-J j:our_' woik. The pound is lumuy, tne v..ic-:i varyuiij lrom ten to twe_tv-;ivV feet. I've dredj-ema.ster expects to average a food Ue-.ii over expenses till ho gels ton chains furlhar up, when _s> anticipates petting into rich trash.
A diver ha 3 been at work on the Trafalgar Company a dredge, but so far has not been able to ascertain tho full extent of the damage. It has started raining and it 't continues heavy through tne night tho danger to _be apprehended is that the creek may Bring down a deal of shingle ar.d s.lt on top ot the dredge, which now lies at a considerable depth under the water. I'h.s Callaghan's Creek Company «-ot 430z -dw-t for 1»2 hours' work. Tho prospects bcioTo this company are now very good. _ rhe North Beach Company got 20oz for tue wee*. The machine is in partiallyworked urid poor ground, which will take two weeks to throng n. Tho Gre-en stone Creek Company pot 1-loz lCdw.i for 00 hours' woik. The machine is e«ain iv worked country. The Greenstone Junction Company's dredge is getting into better wagh. Trie Kohinoor Company got 13cz 7dwt for 119 hours' work Tue dredsro was working in a JE? or P a ' cft of wash, with heaw boulders. Tiro Mosquito Company's dredge is now in a good state cf repair, and starts to-morrow.
_~ , R'EEFTON, May 10. The Manager of the Big River Coiiipan-'a mine reports for tho week:—The uprise lias been put up aft. making a total from No. 7 level of 55ft. In tho last end of the uprise, there has been one foot of stone. The ground keeps liard but; tho track is widening, and the walls aro Jft apart, with water coming from tho back of the uprise Tho Feddorson's Company's dredge has been .working in very rough ground. The Kold obtained wins a Tougher sample, than has been that for seme weeks, and tho dredgemaster is cf opinion that the returns will improve from this out.
DUNEDIN SHARE MARKET.
Press, Volume LX, Issue 11580, 11 May 1903, Page 5
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