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Mining.

Messrs Sievwright Bios, and Co, t raining agents. High street, report the registration ■ f the Ophir Gold Dredging Company (Limited), with a capital of L6OOO, to work claims near the Blacks towmahip.— * Otago Daily Times.’ ALEXANDRA. The Enterprise dredge obtained 13o* Idwt 6gr for last week's work. The Golden Beach Company are pre* paring to make another start elevating. Mr W. R. Fawcett is cleaning oat the race leading from the Manorburn and' will start sluicing sbo tly at Tucker Hill. Mr Eiiwarn Roberts i« busy preparing plans for the Golden Point dredge, A The Tuifkma dredge has made another start and is working splendtoty. ROXBURGH. freon on* own eeutMrsxoesr.) The E tuck Dreda-og Wo. for last week's work (two and a-haif daiej w< a lot 19dw4. P e new shaft was p.it in on Wednesday, when another start wu made with the above result. The late floods have silted up the pad ock, ai d it will take two or three weeks to clean It nut. The Eduia die ; gc bad a-lightßreak* down U t Week, i-ut work was i»Mia>e i on Monday mom ng. Mr K. Kitto has re* igncd his position of aredgenwstor, and Mr Gonrley engineer, is now in.charge. The Dunedin d’ed-.e has not yet renamed ork, not h* v n-j got oaok the «.-team f’Ji-der. * ■ .Tribe ai.joUiii.d aiit.tn.l merting of the Roxburgh Gold Ste-.m Dudging Co, is to H i eld tn s(- ond y; evening. For the week ending 3uth alt,, the Golden Gate (Wedge (for two d .ya'.work) •von fidwte, an-i the Bengeiburn dredge obtained 9 z. Several of the sluicing claims are idle till the i iver falL a few feet more. The Pleasant Vadey Co. expect a good return this week, and at the directors' meeting on Friday evening, a-dividend of 5s per share will no donbt bo declared. The manager of tho Roxburgh Amalgamated Sluicing Co. is at present trying a new gnld-savi< g method. The last sluice* box of the ran is placed 6 inches lower than the one preceding it, and any gold travelling will thus have an opportunity of settling. The claim is looking as busy aa ever. An elevator set has been erected north of No. 2 lift. A dividend of fid per share has been declared. There is nothing to report about Me Ewing's claim, except that Saturday's wash-up was satisfactory, WEEKLY SHARE REPORT. Harman Reeves, sharebroker, 79 Princes street, Dunedin, reports as follows for the week ended the 6th November, 1897 f BANKS. National 40s to 425. INSURANCE. National, 17s 3d to 17s 6d ; Standard 15s to 15s 6d. DREDGING COMPANIES. Otago 27s to 28s ; Golden Treasure, L2 12s to L2 15s ; Sew Hoy, 6d to 9d ; Dunedin 5s fid to fis fid j Eutorpriiw, 48« to 50s ; Golden Gate. 25a to 26s Golden Run 22s fid to 23s fid ; Upper Waipori (vendors) 3s to 3s fid Upper rtVaiporij (contrib) 2s fid *o Ss , Jutland Flat (vendors) 7s to 7s fid Jutland Flat, (conti ib) fis fid to 7s ; Ettrick (vendors) 22s * ( to 245; Ettrick (contrib.) 21« to 22s ; Golden Crown 21s to 22s ; Nevis 18s to 19s ; Magnetic (contrib) Is dis. ; Hartley and Riley (contrib) fid dis. ; Golden Beach (contrib) par, ; Golden Point (contrib) Is disc. ; Evan's Flat (contrib) fid discount. Molyneux Hydraulic (B), 30s -- to 335, Clyde L2 to L2 ss. SLUICING. ' Roxburgh Amalgamated (paid up) _7« to 8s ; Roxburgh Amalgamated - (contrib) 6s to fis 6d ; Waipori Deep Lead Is to Is 3d ; Moonlight (contrib.) 37* to 41« fid ; Deep Stream (contrib) 21s to 225,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DUNST18971112.2.24

Bibliographic details

Dunstan Times, Issue 1842, 12 November 1897, Page 4

Word Count
594

Mining. Dunstan Times, Issue 1842, 12 November 1897, Page 4

Mining. Dunstan Times, Issue 1842, 12 November 1897, Page 4

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