MINING JOTTINGS.
The master of the Prince Arthur dredge wired on Saturday that he anticipated no difficulty in raising the dredge, but it would be necessary to have the assistance of divers to do it. The climatic conditions since the dredgemaster was in Dunedin at the annual meeting of the company have been of almost unprecedented severity, and in consequence the work of refloating the dredge has been considerably more expensive than would have been the case if the weather had been favorable. This, together with *he fact that some of the claims of the creditors are pressing, may necessitate the making of financial arrangements pending the resumption of operations. Any such arrangements will, however, be in the direction of fully conferring the interests of all creditors and also those of the shareholders. The directors wish to impress upon shareholders the advisableness of not parting with their shares until they are taken into the full confidence of the directors, which will be within the nsxt day or two.—' Daily Times.' In conformity to the wishes of dredgemaster Kitto the divers and apparatus were sent off and arrived in Queenstown on Monday last and were dispatched to the soene of operations on Tuesday.
DREDGING RETURNS. Following are the dredging returns for the week ended Saturday last: — oz dwt Hartley & Riley ... 558 0 Manuherikia ... ... 244 4 Cromwell No. 2 .... 102 6 Electric No 2.., 88 5 Earnscleueh II ... 80 6 Alpine No 2 72 1 Dunstan Lead ... ... 61 0 New Roxburgh Jubilee 55 12 Waimumu Queen ... 53 6 Sailor's Bend ... ... 46 0 Sheddan's Freehold ... 46 0 Enterprise No II ... 45 16 Electric No 1 43 0 Golden Run 41 0 Enterprise No I ... 40 5 Central Charlton ... 40 2 Hessey's 39 12 Molyneux Kohinoor ... 39 10 Junction Electric I ... 38 3 WaikakaQueen ... 35 3 Davis Bend No 2 ... 35 0 Otago No. 2 31 0 Upper Waipori ... 28 0 Waikaka Syndicate ... 28 0 Matau 28 0 Charlton Creek ... 28 0 Riley Beach 27 10 Rise and Shine ... 27 1 Junction Electric 2 ... 27 0 Majestic 26 14 New Pauls Beach ... 26 12 Unity 25 0 InchVallev 20 6 Golden Gate ... ... 19 4 MacCharlton ... 18 0 Lady Roxburgh ... 17 7 Central Mataura ... 16 13 Inchdale 15 15 Golden Bed 15 11 Royal Waimumu ... 14 19 Otago 1 14 0 Ettrick 13 0 , Island Block 12 4 SpecGullv 11 15 Muddy Creek ?.. 11 0 Gabriel 10 3 Lower Enfield 10 0 Grand Junction 1 ... 9 0 Waimumu Extended ... 712 Olrig 7 11 Globe ■ 7 4 Molyneux Hydraulic ... 515
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Bibliographic details
Lake Wakatip Mail, Issue 2478, 14 August 1903, Page 5
Word Count
424MINING JOTTINGS. Lake Wakatip Mail, Issue 2478, 14 August 1903, Page 5
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