MINING.
GOOD.BETUENS FEOM THE DEEDGES.
The secretary of the Golden Beach Hydraulic, Elevating, and Dredging Company (Limited) received a telegram on Saturday from the dredgemaster stating he had washed up for the week llloz.lGdwt Igr gold; actual time Sledging 1161 hours. .: \ The Clyde Dredging Company's return fot ; » la3t week "was 88oz. Itiver 2f^ 6in above nornial'' mark. "...
The Dunedin Gold Dredging Company 'obtained 14Joz gold for four, days', dredging. There was a stoppage owing to a slight mishap to t,he machinery^, .but. the. dredge-is at.-work again. ' ~'..: ■• The Dunedin Stock, Exchange raport the following returns for last week:—Golden Treasure Dredging Company, 350z; Otago; Dredging Company, 350z Sdwt. Mr A. P. Comniiri, 'secretary of.the Kyobufn. Gold Dredging Company (Limited), reports;, a return of lloz gold for the week. Mr C. S.-Beeves .reports that the week's return from the Enterprise dredge amounted to 230z Bdwt 18gr of gold.- ■ , .... A private telegram ■ received in town states that the Alpihe /dredge washed up 2030z "gold for five days' dredging. " • . ■' ' .
NOTES FEOM REEFTON.
(Fbom Oub Own Cobeeseondent.)
-•.■.■•.-: ' REEFTON, August 20". Latest - quotations: —Alpine Extended, 4s 6d to ss; Big River, »ssGd to 6s; Buller dredge, 11s 6d to 12s; Boatman's Exploration, 6d to 9cl. Boatman's Creek, 4d to 6d; Cumberland, Extended,'2s to 2s 3d; Dillon Extended 6d VO 9d: Hercules, (3d to'9d; Keep-it-Dark, 20s "to 21s Eirwan's. Reward, 4s to ss; Progress Mines (paid-up), 22s 6d to 25s;.'Sno^'Creek, 9d'to Is; "Welcome (paid-up), Is ,9d to 2s; Electric Light Company, 3d to.ls.'
The abridged prospectus of the Hogburia Gold Dredging Co. will be, found in. another column. The company is formed to acquire and dredge a claim-*f 92 acres in Spec' Gully, about a 1 mile from Naseby. It has been prospected by Mr Guffie, mayor of "Naseby,' whose report is favourable. -The capital of the company is to' be:£sooo, iri-'£L'.shares, of which 3501 shares are offered to the public. Messrß Qui; T£ and Smith are the brokers.
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https://paperspast.natlib.govt.nz/newspapers/ODT18980822.2.28
Bibliographic details
Otago Daily Times, Issue 11198, 22 August 1898, Page 2
Word Count
321MINING. Otago Daily Times, Issue 11198, 22 August 1898, Page 2
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