MINING NEWS.

Press, Volume LXI, Issue 11945, 14 July 1904, Page 3

MINING NEWS.

. „, » The directors of tho BUckwater River Gold Dredging Company have declared a dividend of 6d per share, payable to-day.' A sufficient sum has ».so been retained to pay for a new screen and complete the purchase of the blacksmith's thop. THE DUNEDIN SHARE MARKET. U'BESS ASSOCIATION TELEC-U-.) DUNEDIN, July 18. Sales on the Dunedin Stock Exchange were;— Junction Electric, 5s Od; New Alpine Consuls, 10a; New Roxburgh Jubilee icii.tribilling), 10» (premium). AVEST COAST XOTES. (SVECIA- TO "THE I_£SS.") GREYMOUTH. July 13.' Tha level of tho water in tho StaflordWaiiuea, Company's d__ __s been reduced and a diver will make an examination tomorrow, in order to ascertain the causo of tho mi«hap. Steps will bo immediately taken to reflect the dredge, which is protected from any floods by a hop of tailings Ihe sinking of the dredgo was unfortunate, for the waeli was uhe best yet etruck by the riiedge. It ia Tcportcl that the AVheel of Fortune claim, near Stafford, will shortly rcccmmcnco •operations. Tbe Blackwater Lagoons Company's dredge,' which has been in rather poor wash for eorne t;mo past, has struck ««rtie good ground. AVoik at the Republic sluicing claim iHcalcy'a Gully) has been stopped for the paft fortnight, in consequenco of shortness of water. The Gabriel Company's No. 0 dredce. (previously tho Victory) broke her crank (his morning. A new one was sent up this afternoon, and work will bo resumed early tomorrow. The return from the Montezuma Company's dredge last week was l_oi. The CJreeiiftone Three Mile Company's dredge jot 16.->7. llrlwt. The New Greenstone dredge resumed operations yrKfrrrhiy morning. The Montgomery's Terrace Slnicinrr claim is again in full swing, the Tecont break in the wee having been repaired. The return from the Jr.niiew>n'« Reward Company's dredge la?r week was 3Soj IPdnt. The <lre<l~e in now idle. undereVu-j rc-pni".. but sh'-uld re«umo work towards the end of the week. The Green.'fone Junction Company's dredge "turn lasi ~rrk was Hoz lldwt for reven d}-•'■' work. The Golden United Company's dredge is i.-Be. as repairs aro being effected to tho engine. {