Dredging and Mining.

Cromwell Argus, Volume XLI, Issue 2209, 22 August 1910, Page 4

Dredging and Mining.

The river last week continued at a very low level, but there is every indication of :i rise now, a.s the weather is very mild.

The Shine returns are keeping about the same as for the last two weeks, the wash being very even, The No I returns arc expected to show an improvement. The Cromwell Syndicate dredge is supposed to be doing fairly well on the old Junction Electric claim, halfway between Cromwell and Baimockburn bridge.

The Riley's Revival dredge is expected to make a, start within the next few days out in tin; river, and it is almost certain to do well when a

face is opened out. The 000 dredge had another fine return last week of lOlozs, and another five shilling dividend will be paid to the shareholders this week, making 10a, or half the capital paid back. They will have considerably over £IOOO in hand after the payment of thy dividend.

The mild weather during the last week will enable the hydraulic sluicing claims to get a start shortly at the Nevis, but tin prospect of a plentiful supply of water for the coining season is not good, as there is very little snow ou the high country. The new tumbler for the Rising Sun dredge has arrived at Clyde and will 1)3 fitted this week. The general overhaul is now about finished, and dredging will probably be resumed in another ten days. Earl Strathcona has published Sur veyor R. M'Connell's official report on the Stewart gold discovery in Canada. The prospectors' assays run from three to eight dollars of gold per ton. The vein matter is abundant, but it is doubtful if it is extractable at a profit. The ore, however is sufficiently promising to justify some exploration. Much of the mountain is only prospecbable by baloon tarnsportation, but the difficulties are surmountable if the deposits prove valuable. The find does not justify a wild rush to the rugi gad alpine country, which is danger.ous to inexperienced men.

DREDGING RETURNS. !I0.) .. .. 101 13 Shine II 49 17 Shine I ..' .. .. 10 11 Electric II .. .. 37 1 Electric 1 .. .. 25 5 Hartley .. .. 1U 1 RICH GOLD DEPOSITS IN PHILIPPINES.

The following report, from the " Philippines Free Press." will be of interest to the many friends of Mr William Kane, who was for some years manager of the Rising Sun dredge at Cromwell, and who was born in this district:—"This week saw the control of what is believed to be the richest placer ground in the Philippines and one of the richest in the world pass under the control of the Phillippine Exploration Co. Its acquisition was largely the outcome of strenuous effort on the part of August Heise supported by Robert Lienau. Mr Heise originally secured an option on the property for the Exploration company, then controlled by MrHenry, the New York capitalist. Through a misunderstanding this option was subsequently disposed of or allowed to lapse and Messrs Carman and Johnson secured control. Mr Johnson recently went back to the United States for the purpose of floating the property, but some question arose as to the terms and in the meantime Mr Heise, appreciating the value of the property, became active and interested the Shanghai capital which now controls the Exploration company. The result is the final recovery of the property by the Exploration company and the departure last Wednesday of Mr Kane, the dredging expert who is retained by the company, to make a final and exhaustive test of the Cumaus claims. There seems to be no doubt as to the character of the report which Mr Kane will render, and it is probable that within eight or nine months a dredge will be extracting gold from ground which, if half the stories one hears about it are true, contains wealth that is fabulous. There here follows a description and a history of the Guinaus property contributed by one familiar with it and the developments connected with it.

There is promise of considerable activity in Surigao placer claims within a short time. Already a Colonel Campbell, a mining man of Denver, reputed to be wealthy, is said to have made an offer for an option on certain Surigao claims and to have boon refused, and there is at present on the ground a Mr Collins, representing Mr Kane, who, it is understood is representing the Philipines Exploration Co. Colonel Campbell is said to have become interested through his son-in-law, a young army officer at present stationed in Mindanao, and to have stated that he will be out here in September. Still another bid was made by Joseph Pearson, whose name is well known in connection with Parade. He cabled from New Zealand, where he now is on behalf of capitalists there.

lie took hot whisky, gin and rum, To cure a nasty cold ! His home was Pandemonium For weeks and weeks I'm told ; He made a fearsome hulabaloo, And smashed the furniture ! But now he's well (and sober, too) Through Woods' Great Pcpperarnt Cure. A bread war is reported to bo existing in Wangauni and Palmerston North, and the price of the commodity is being ticketed in shop windows of the towns at 2£d per 21b loaf. In Carterton the same loaf is bringing from 4d to 4.U1. Head the important advertisment on page 3. in connection with. W. B. and Nuiorm Corsets.