MINING.

Otago Daily Times, Issue 12446, 1 September 1902, Page 6

MINING.

-, The saoretary of the New Roxburgh Jubilee Gold Dredging Company reports that lie is advised by the dredgemaster that -ho washed up for 1920z lldwt for 129 hours' dredging. The dredge is still on the gold. The secretory of the •Manuherikia, Gold Dredging Company reports a return of lOooz 16dwt for 148 hours' dredging. The ground is improving. ,* .The return from the Riley's Beach dredge last week was 131oz fot 130 hours' dredging. Advices from the dredgemasfcer contain the information that a high reef was struck on Saturday, August' 23, carrying very little gold.' •Indications of a change were met-with on Thursday.,last, with, presumably, the abovementioned Result. • The secretary of the Rise and Shine G;.D. Company reports a.return of :650z for 122 hours' dredging. The machinery is running well. . ' ■ This dredgemaster of the 'Golden' Gate dredge reports a return of 720z 9dwt for 'sis days' dredging. The river is steady. The Golden Hun dredgemaster reports a return of 61oz for 138 hours' work. The dredge has been stopped in order to have repairs effected .to the screen. • , The secretary of the Perseverance .Company reports the following returns:—No. 1 dredge, 390z 6dwt; No. 2 dredgo, 30oz ldwt 12gr for three days' work. The latter dredge resumed work on Tuesday night. The return from the Empire dredges last week was 38oz 13dwt. The secretary reports. that the preceding week's return was 40oz 18a wt. The secretary of the Great Woodstock Company reports a return of 30oz for 128 hours' dredging. The dredge is working well. The secretary of the Davis's Bend Dredging Company reports a return of, 41oz , for the week. The drift was bad for two days. The secretary of the Trafalgar G.D. Company reports' a return of 16oz 17dwt for 130 hours' work. Tho dredge is working steadily. The return from the Prince Arthur dredge is 15oz. The dredgemaster reports that it was' •nearly all got during the last two days. The' prospects are now better. The secretary, of the Stafford "Waimea Company reports a return of IGoz lSdwt for 114 hours' work. . The dredgemastar advises having struck an' old tail race on Wednesday. , The secretary of the Royal Wainiumu Company reports a return of 31oz lOclwt for hours' dredging. The balance of the time was lost owing to the dam breaking away. Tho Sailor's Bend return is 21oz for the week. The dredgemaster Teports that hp is shifting the dredge down the river to-day. ■ The dredgemaster of the Leviathan dredge (Mr D. Sutherland) reports a return of lloz for 107, hours' work. Timber and mud are still proving troublesome. The secretary of the Gabfiel G.D; Company reports a return of 16oz 15dwt for the week. The dredgemaster reports that he has not got into the creek yet, but is working into it as fast as possible. He has had to contend with a lot of tailings from the- last flood, but is getting through them very well. All the machinery is running well. , The secretary of the Chicago Company reports that the dredgemaster intended to resume work last nights t The secretary of theWaikaka, Queen G.D. Company reports thai the bottom tumbler shaft has broken. , The secretary of the New Nevis G.D. Company has' received advice from t-ne dredgemaster that work will be resumed in about eight days. Applications are invited for the position ot dredgemaster of the Victory dredge in succession to Mr Pettigrew, who has resigned. The directors of the Electric Gold Dredging Company have declared a dividend (the sixteenth) of"2s per share, payable on Tuesday, 9th inst. This represents a distribution of £2600 amongst shareholders. The secretary of the Golden Bed Dredging Company (Limited) reports that there has been no dredging during the past week, and it will take the dredgemaster a few days yet before the new screen is fixed arid all ready to start again. A'parcel of 131 shares in the Golden Bed Dredging .Company was sold by Messrs Park, Reynolds, and Co. under a distress warrant on Saturday, and was purchased by Mr A. E, Han-away, as agent, at Gs Gd each. The material for lengtherling the ladder of tho New Alpine Consols dredgo left Rough Ridge on Saturday morning, and should arrive at the claim early this morning. The work of fitting it up will be commenced without delay. The secretary of.the Golden United Dredging Company advises that Messrs Hill and M'Kinnon have contracted to complete the company's dredge. Work will be commenced early this week, and will be pushed on as fast as possible. 'The directors of the Sullivan's Lead Gold Dredging Company have arranged with Messrs Hill and M'Kinnon to complete the company's dredge. The secretary of the No Town Creek Gold Dredging Company has received advice from the dredgemaster stating that work was resumed on Thursday evening. There was no wash-up last week owing to the short time worked. Tho dredgemaster of the Monte Christo dredge reports that there was no wash up last week. Dredging was resumed on Thursday evening below Green Point, but no gold was struck until Saturday morning, when good prospects were obtained. The ground is supposed to be very rich below Green Point, and further Tesults will be awaited with interest. The dredgemaster of the Garibaldi dredge stated in his report for the week ended"* August

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somewhat. Monte Christoes al3o improved a shade, and a sale was recorded at lis, at which price there were more buyers, the best response being lis 6d. Mosquitoes and New Alpine Consols were both steady, but Nelson Creeks were a little easier. New Leaning Kocks were inquired for at-4s p, but there were 110 sellers. . New Roxburgh Jubilees and North Beaches, were firm, but Old Dunstans declined a little. Sales of the last-named stock took place at 4s 9d, 4s Gd, and 4s 3d, at which figure 'more shares were asked for, but- holders closed at 4s Gd. Olrigs showed a further advance in sympathy with the- improved return, and two sales were made at 19s Gd and :20s respectively,' while the closing quotations were 19s 6d and 21s. Riley's Beaches hardened a shade. One lot of Trafalgars changed hands at 16s Gd, and more buyers were in the market at 15s, but sellers wanted 2S Gd more. Sellers of Unitys offered at 13s 3d, but buyers dropped back to 12s Gd. Sales were made, on Satorduy at the following prices Alexandra Lead, 14s 3d, Meg and Annie, 9s; Monte Cliristo, lis; Old Dunstan, 4s 9d, 4s 6tl, and 4s 3d; Olrig, 19s 6d and 20s; Trafalgar, 16s 6d. . / Tho following are Saturday's quotations, subject to the usual brokeragesAlexandra Lead—Buyers 14s 9d, sellers 15s 6d. ■ . . Alpine No. 2 —Sellers' £1. 2s. ■Bendigo—Buyers 13s 3d, Hellers 13s 6d. Central Electric—Sellers lis 9d. , Chicago—Sellers 13s. , Commissioner's Flat—Btiyers 13 3d, sellers 3s 9d p. , Cromwell—Buyers £2 ss, sellers £2 14s. Davis's Bend—Buyers 2s 9d, sellers 6d dis. Electric—Buyers £1 14s, sellers £1 15s Gd. Endeavour—Sellers ss. Enterprise—Buyers £1 4s 6d, sellers £1 7s 6d. First Chance—Buyers 14s, sellers 17s. . Fourteen-mile Beach—Buyers Is. Gentle Annie—Buyers 4s, sellers 63. ' . Gold King—Sellers ls'3d. Oolden Bed—Buyers 7s, sellers 10s 6d. Golden River—Sellers 2s Gd. Grand Junction (paid)-.-Buyers 6s. . Great Woodstock—Buyers 5s Gd, sellers Gs 6d. ' Hartley and Riley—Buyers £1 13s, sellers £1 175. Junction E'cctric—Sellers lis 6tL Kohinoor—Sellers lis. Lafranchi's Freehold—Buyers Bs. Majestic—Buyers 12s, sellers 15s. Meg and, Annie—Buyers 8s 6d, sellers 9s Gd. Molyneux Kohinoor—Buyers Bs, sellers 10s, Monte Christo—Buyers "lis, sellers lis Gd. Mosquito—Buyers 17s 9d, sellers £1 Os 6d. New Alpine Consols—Buyers ..15s, sellers 15s 6d. Nelson Creek (ex div.)--Buyers £2 17s, sellers £3. New Halfway House—Buyers Is New Leaning Rock—Buyers -is p. North Beach—Buyers 19s 3d, sellers £1 0s 9d. No Town Creek—Sellers £1 14s. New Roxburgh Jubilee (contrib.)—Sellers lis p. New Roxburgh Jubilee (paid)— Buyers £1 ss, sellers £1 63. Old Dunstan—Buyers 4s 3d, sellers 4s 6d. ■Olrig—Buyers 193 6d, sellers £1 IsPactolus—Sellers £3 lis 6d v •Riley's Beach—Buyers £1 6d, sellers £1 7s Gd. . , ■ v Rise and Shine—Buyers £1,55. sellers £1 Bs. Sailor's Bend—Sellers £1 Is fid. Trafalgar—Buyers 15s, sellers 17s 6d. Unity—Buyyrs 12s Gd,. sellers 13s 3d. Victory—Buyers 10s, sellers 15s. Waimumu—Sellers 17a 6d. Waimumu Central—Buyers 5s Gd, sellers 7s. NOTES FROM CROMWELL. (Fjrqm Our Own Correspondent.) , CROMWELL, August 30. The weather is fine, with severe frosts at night. The river is falling steadily. As tho days are warm, ,the snow is coming away gradually, and 'the river may continue very low for a considerable time yet. The Rise' and Shine .dredge is working steadily, but there are some monster washstones to contend with, otherwise the return would be much better. ; The Royal Maori, diedge : will start again next -week," but will have a few days' repairing before dredging commences. I believe the dredge will start just ahead of where she left off, near tho top of the claim.NOTES FROM REEFTON. (Fbom Our Own Correspondent.) • ' REEFTON, August 31.' So far very few returns tire to hand from the .dredges. Unfortunately some of the'best dredges nave been laid up undergoing repairs, consequently, the aggregate, is much below thei mark. ' Tho Reeves's Proprietary return is not as good as last week, owing to heavy wash being met with. ' An. extraordinary meeting of shareholders iii tlu Buller Dredges Company- has been called fpr the 23rd September to consider\the .advisability of winding up the company, etc. The Industry Gold Mining Company commenced thoir first' crushing at tho beginning of last week, and will have a. clean-up about Wednesday. The reef is a well-defined one, and shows gold freely, and shareholders are confident of a good return. The shares are all held locally. Alpine.—The mine manager reports: The crosscut west in No. 7 level has beeri extended 15ft, making the total'distance 29ft. There is no improvement in No. 11' south. The reef is going east, or at right angles to the level, and I struck it this, morning. It will take 'two or three shifts before I can say anything about, it as regards quality and size, I broke a small pieco off with the pick, -and got gold in it by crushing. That is more than I could get- on the north end, further back in the level. Where we Ijave got it r.ow will be 40ft froni the north end of it. I have logged up the passes, and secured the ground in the StopeS' in the south end, so''that it can be kept open for an airway. ' There is 110 improvement in the rise from the stope, and I have stopped it. I will start the north branch level again to-night, as the reef is in the leading -stope, extending north over; the back of the level, and-there is no sign of it in the level. The. length of the reef is 44ft in the level, and it is 50ft in the first stope. ' THE WEST COAST. ; (From Qpr Own Corresponds^.) GREYMOUTH, August 31. Last week's returns are disappointing, though the Nelson Creek return is expected to improve 'matters. The . Pactolus dredge broke clown in the middle of the week, and did not wash rip. She starts again on Monday morning. The larger dredge having cleared room for herself to move'in, starts-three shifts at midnight. The first week's return will be hard to gauge, but after that lOOoz per week is regarded: as certain. ! 1 ' . r The'Buller Junction dredge was putting in a new screen and rollers last week. She starts 011 Monday. ' The Callaghan'a Creek dredge had to stop to clear away timber, but will get a start on Monday morning. The Mosquito dredge obtained 4Qoz 7dwt. Timber was again struck. The Great Woodstock return is 30oz. This dredge has still considerable difficulties to con-.-tend with, and the wash is very -uncertain. The Hokitikii River dredge started working yesterday, heading for the north side of the river.' The wash 011 the southern side will not pay. Tho Princo of Wales dredge made a. trial run yesterday, when everything worked satisfactorily. The dredgeinaster has had some trouble with his crow. The Kohinoor dredge is stopped at present through an accident, the bottom tumbler being broken. Tho ground was improving when the accident occurred. The delay will last about a week. The Stafford Waimea dredge obtained IGoz 18dwt for 114 hours. The dredge came across the woodwork of aji old tail race, which hampered thorn, during the week. The North Beach obtained 31oz 7dwt for 119 hours. A' small breakage delayed work. The wash is quite as'good as for the previous week. The Kohinoor dredge only got in 80 hours' work for 16oz lOdwt. Some of the ground has been previously worked. . Tho Aldinga dredge, in 18ft of wash, got 14oz 15dwt. I Tegard this claim as certain to improve. The Leviathan dredge worked all the week in a perfect mud hole, the quantity of wash being infinitcsima-lly small, imd the return of II oz for the wash treated is more than was expected. The dredge seems to have got on to a deep gut of mud and sediment, lying between the,beach and the back run of wash. The water in the dam' is as thick as, gruel. There is not much chance of an improvement as long as the present conditions exist. The Leviathan Freehold Company's dredge is working crossing tho creek, where a good deal of non-auriferous material will have to be removed. The tables , are completely clogged with mud and pug, that prevent the small quantity of wash coming up from being properly treated. The machine had sundry breaks, and waa woa-king 90 hours for Boz. The Ited Jacks for the week's return got 19oz 18dwt. The dredge is still in the narrows and still hampered by timber. The Maori-Gully dredge got soz for 60 hours' work. Tho timber is thinning out, but gold is scarcer. The splendid winter season has favoured the minors on the Callery, a tributary of the Waiho River, and quite a harvest of gold has been obtained.

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