SPRINGVALE.

Dunstan Times, Issue 1802, 18 December 1896, Page 5

SPRINGVALE.

(FROM A OORRSSPOKDHKT ) \s a general r..le. the mining population of Springvale can be counted on you. nnuers. Messrs who hold one of th« bast and must consia ent w.t r right* in Central Ot'igo, virtual y command miles of annf rons coun ry, and are at preset engaged, in wa hing up a paddock,, whicl., at a rough calculation, would cover one and a-halt acre- of g oun<l. Wuh the splend'd water supplv at tlieir command an<l ihe enormous p esaure they cm hri.ngto hear upon their face, the qivmr.it/ of aunferoua gravel passed throu b, their sluice is almost beyond ca oulction, but if it only averaged ona grain per cuhic yard, the result of their wash-Up must be *ou lerfully r>ch; Ihe present pa idock extends from the edge of what is known as Ernies! Gully, ngh thn-ugh a terrace in a northerly direc ion, it) the slope that extemls.down to. Allan s okl workings- . . ■ About a quarter of a mil* from wv Watson's, Messrs love and Allan are sluicing out a gully and terrace with v&ater. hired from the Molyneux Hydraulic Corn> pany. As this, party >truck a, remarkably rich patch a few months since, there, is nothing to warrant the helief. thai*their ensuing. Xuias waslvup, will npt ##, as handsomely., ' ~ On the southern branch of E?mes gully, Messrs flo*an, Har is,. Tod', and Reid ib.ive.for the last two months been working with two heads of water hired from the Molyneux Hydraulic Company. . They have just washed-up with very satisfactory results, which would have been batter bad there been more pressure.and the nature of the gronnd noo so adamantine. Splendid prospect* could be got, but ..s the. best portjbn of the ran was fully 20ft above their water race, and ike party consisted of old, experienced miners, a small drive was carried in by aid <.f the nozzle for a length o f 20ft, a kei,' of Uastini.' powder (25lbs) placed in at the head of-th- drittj which was properly tiuped, then fired, and the hard overlaying drift shattered in all.direcfons, with the ms>x t that in 12 hours the full.xtenr, of the drive of 20ft, averaging 20ft in depth and 20ft in width, was w shed away and pas.--ed through the s'mce. Th? sapply of watowas very intermittent, as the present dry season has nipped the springs considerably. There are al 0 a couple of Chinese fos i'ke f,.who, m n-ige to knockout, a living, WEEKLY SHARE KEPORT; Harman Ueeves, sharebroker, 79 Princes street, Dunediu, reports as follows for the week euded the 12 .hj December, 1896 :■— BANKS. Natiqo«l } 37s 8d ;o 38a 6d. INSURANCK. National. 16s 7d to IG> lOd ; Standard, DREDGING COMPANIES. Otigo 20s 61 to 21s ; Golden Treasure, L2 10Ts to L2 12s 61 ; Sew Hoy, 2s Id to 2:4 4d -.Punailin 7s 6l to 8s ; .Enterprise, 40s to 42s ; Golden Gate, 30a to 31s ; Golden Run 18s to 19s ; Upper Waipori (vendors ), 3s 6.1 to 3s 9d; Urper VYaifspri (contrib.) 3s 3d :o 3< Jutland Flat (vendors,) 9< to IPs; Jutland Fiat (contrib.) 8i 6d to 9s; Roxburgh dredge (vendors), list • lls6d ; R zbuigh (contrib), 103 61 to Hs; Ettrick (vendors) 26s 6d to 27s 6d, Ettrick (contrib,) 23 i 6d to 24s 6d, Clyde, LOO-to L 65.. SLUICING. Roxburgh Amalgamated (paid up) 12s fld to I.V; Bnxbngh Amalgamated (coutab.) 12a to 12s 6d ; "Waipori l>ap Lead Is 81 to 1« lOd ; Moonlight (vendors.) 18s 6d to 19s 6d, Moonlight, (contrib.) Us 6d to. 18s 6dDunedio, Heeember 14th 1896 i