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MINING.

(Continued from page 6.) The Stock Exchange list just issued shows that the dredging returns from Otago Southland, and Westland for the month ol March totalled 7,3170z 15dwt, as againsl 12,2300z 19dwt for February. There were four weeks in each month. The directors of the B'.ackwater River Gold Dredging Company have declared a dividend of Is per share, pavable on the 16th mst. During the month an electric lisrht p.ant was installed on the dredge, and also a bilge ejector, a-s a safeguard against accident to the pontoons. Me>'«rs E A Tapper and A. Morrison, two of the directors, have just returned from the Coast, where they met the local shareholders, and they express themselves as well pleaded with the appearance of the dredge and claim, and ™' th the prospects of the company. This afternoon's meeting of the Stock "Exchange was very like this morning's, the cmlv sales made beine two in Electrics at 3f/6. with further sellers at the same fi<Trre and buyers at 37/. One or two stocks' not .ately quoted were mentioned. Clydes were in demand at 25/, and Island Blocks at 3/6 with sellers asVinsr 5/9 ; while Chicago scrip was offered at 9/, and Davis Bend contributing at 16/ dis. As 16/ is the amount paid up per share, this was practically an offer to give the scrip away. Golden Beds drew inquiry at 14/, with sellers at 15/; the market in Hessey's was buyer 26/6, sellei RETURNS. QTTARTZ. Barewooa!: 760z lOdwt, month of March. SLT/ICIKG. Undaunted : 930z, month of March.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19040407.2.46

Bibliographic details

Evening Star, Issue 12164, 7 April 1904, Page 4

Word Count
256

MINING. Evening Star, Issue 12164, 7 April 1904, Page 4

MINING. Evening Star, Issue 12164, 7 April 1904, Page 4