NOTES FROM MACETOWN.

Otago Daily Times, Issue 6740, 21 September 1883, Page 2

NOTES FROM MACETOWN.

(KEOU OOR OWN CORRE6P JNDBNT.) Arrow, September E0 Tbe good news which came down from Macetown this woSk regarding tho Lidyo Fayro nnd All Nations, and the salisfnitory information froni llic Mary.

borough, are fully confirmed. Nothing more doßnito has, however, transpired about tho Troasuro, Bavo that gold ia freely seou in tho stone. An it is likely that the coming season at Micctown, as woll as at the'ltcci Valli-y and tt Skippors, will be far more active and prosperous than any preceding ono, it ia only fair to Biip^ooo that the reefs in thoao localities will attract a larger amount of attention than has hitherto b en tbo ea:o, more especially as expectations from other iiuarterd have not been re.lUed Jin passant, tho laot may bo inserted ho o th.t had tne money tout to far aliol-1 from Dunedin beon invostul at Macetiwn, tt.o doprssslon now prevailing throughout OUgo nnxlit have been far lsss serious. With a view to placo all thrao who invest in mining in a position to cleariy understand the Mactitown fluid', I sketch a brief mum* of its elumctorlstica. Tho Macelovn rcofs nro not exorbitantly rich. Tho bvst stono crushed in any quantity yielded not quite 4oz per ton, and camo from tho Maryborough claim. Tho yield for the past seaßon was, in round numbers, 4;100oz from about 32 0 tons of atone, or an average of loz 7dwt per ton -which, considering the fdcilitiei the Macotown reefs otter in thoir working, Is ft very satisfactory yield. The crushing power on tbo field is limited at present to four baitovies cf 10 stampers each, but there aro projects on foot to increase the number of micblnea during tho incoming summer. Very little ot tho scrip now In the market is hold locally, tbo majority being in tho hands cf Dunedin speculators, ond it is thero where tho fluctuations ot pricos in. scrip aro manipulated. Macetown is connected by telephone with Arrowtown, which has telegraphic communication with Dunedin, so tbat information direct from the field may be obtained without 1033 of time. Expross trains, at single fares, leave Dunodin evory Saturday; passengors reach Arrowlowi tho tamo evening, and can taped the mines they aio interested in tho following day, and return to Dunediu by Monday ni"ht. No shady transactions havo ever happened on tho Held, and the slightest mutations are recorded iv tho Dunedin da.lies us they occur. Tho reefs, as a rule, aro inexpensively worked, and the dray road now in course ol construe.ion, will very much assist Iv thcit further development, causing many ot tho poorer reefs to be taken In hand again. By-the-byo, a mis ; ako crept Into a recent messago in its transmission, by which July next wob givon us tho da"o for the completion of the dray road. It should haro been ''end of January next." Since the changes in the Maryborough, Ladye Fuyre, and All Nations nothing of impjrtar.ca has occurred at llecctown this iveclt. Tho uhareholdo/3 of the Lucknow Company have decided upon apian to opoii thoir claim, and w»rk will be commenced almost immediately. This claim is only a few lniltß from Arrow. , ~ ■ , Tho Invincible Company, at tho Hoes \alloy, liavo struck a second roof eiiico'thoy have got into solid country, showing splendid gold, su that thoy have two gold-bearing reefs in their cluiai—ono 6ft wide, and tno othor 311. Tho manager estimates that ho has 1000 to::S of quartz at grass. A coramenceniont with crashing will ba made next Monday, and is tube coutinued until Christinas before wasMuir.-up will commence Tho qu-nlity of quartz now. in sght and opened out is sufilcleut ti keep tho mill ffoini' without intermission all tho tummcr. At present all the available Btowago-room id filled up with stone, and tlio quantity promised by present appearances of tbo reefa—two iv number—is so groat that tho manager is going to mako trial cru--hini!s, of course taking duo precautions iv saving the tailings without qulckbilver, which, if successful, will extend tlio time for ci tubing porhaps ssvoral months every season. Ihe plan proposed is to pui through two equal quanti ies of stone, treating onoquantiiy with quicksilver and tho other without. 1( tho samo amount of gold can ba fayed -without quicksilver as with it, crushing may be carried on all tho year round, with tho exception cf a short ptimd cf very severe frott. Of courso quicksilver would utill have to bo used In. Iho iirocas-of amalgamation, lut tho small quantity nl water requirod for thia purpose nr.y bo aititiuially heated without co-1 or trouble. If this trial turnß out satisfactorily H will bo a "wrinkle" for llii Macetown mi ;c?, and will bo well worth soriou3 consideration with a view to its general introduction. Tlio Invincible Company is rising fast ia public favour, and no moro need bo said in its favour than that there is a' local droand for its scrip. . At Skippers the Gallant Tip. Company aro about to clone with tbo Nugget and Con.ish Company fov tbo lattor's crushing plant. Latest. Tho ttono in tho Ladyo Fayro is improving in quality, aul shares baio bcoa taken out ot tho market at 4* 6d.