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A CLOTHIER'S CONVICTION.

Mr F, Cohen, of Willis street, Wellington, is a'busy business man, witlr no timo to waste' on letter-writing for fun. He tried Rheumo, and was convinced. Mr Cohen says:—"Last Friday I experienced a very bad attack of rhcumatic gout—in fact, so bad that I had to leave business, and being unable to walk I was assisted, to a'cab. On arrival at home! I-immedi-ately took a dose of your Rheumo, repeating same every, four .hours. The pain soon left, and in the morning I came down to business as usual. I cannot say too much for the prompt and effectual manner in which your Rheumo acts on pain." Rheumo cures, every time,. Oheinirts aad stores, 2s 6d and 4s 6d per' bottle,

' ono-.of which' was in Electrics. The brightest, day, probably, was Thursday, when the iuquiry for siocks was lather good. On the other days the number of -stocks: to come under notice wag never large, andno special stock received anything'liho'good'notice, Electrics,'the inquiry for which in the two previous weeks was really splendid, received hardly any notice at all last week, and buyers were never prepared to give a very high price for them. On Saturdaymoroillg the inquiry showed a slight improvement, but then holders were somewhat easier. Hartleys and New Fourteen-miles iccoivcd very scant notice, hut .Manuherikias came in for • inuch better attention, - and although tho quotes, were never very close tie inquiry was at times, good. On Saturday these shares were firm at tho previous day's rates. Tho inquiry tor New Bendigoes showed a falling off, but on.'tbe two days that they were, quoted the price offered was very good. The investment stock market was fairly quiot throughout the. week. Tlio Molyneux Hiver had been gradually falling all the week, and on Friday morning had reached the 7ft loin above normal mark. On Saturday, however, it showed » rise of 110 -less than 24ft, the height registered at Alexandra being 10ft 4iu ahove the normal mark.

Alexandra Leads were again placed on offer at Gs, without drawing inquiry, arid Chicagoes were sought after at 6s, without result. The inquiry for Electrics showed a slight improvement, but l , on tile other hand, holders were a good'deal easier' as compared with their price of the previous day. The quotes wern; buyers 27s 9d, sellers 28s 6d. Golden Treasures had inquiry at 475, but the market Was . again devoid .of sellers.' Junction Electrics wero inquired after, at Is 3d, without any sellers respohdiug; and apaicol of Majesties .was placed on the market at ss' Gd, without'drawing any buying. offers. Manuherikias remained firm, buyers offering 235, and.sellers asking 25s 3d. Nelson Creeks .were a, shade, easier, and the .quotes somewhat closer > than usual. .Now Alpino 'Consols hod inquiry at 03 Gd, without result, as also did New- Roxburgh Jubilee (con-' trib.) at 7s p.,: a price Is in advance of that offered (ho previous day. Rise and- Shines wero. firm, at, recent rates, and a parcel of Waikaka Queens was placed on offer at Bs, but plicitcd'no inquiry on the part of buyers, The fo.lowing aro Saturday's quotations, subject to. the .usual brokerage:— Alexandra Lead—Sellers Gs. Chicago—Buyers Ds. Electric—Buyers-£1 7a 9(1, sellers £1 8s Od. Golden' Treasure—Buyers £2 7s. Junction Electric—Buyers Is 3d. Majestic—Sellets os Gd. Ms.nuherikia—Buyers £1 3s, sellers £1 53 3d. Nelson Creek—Buyers £1 10s Gd, sellers £1 12s Gd. _ \ NcWtjAlpine Console—Buyers Gs Gd. New Roxburgh Jubilee (contrib.)—Buyers 7s p. Riso and Shine—Buyers £1, sellers £1 3s. Waikjkit Queen—Sellers Bs. INVESTMENT STOCKS. National Bank—Buyers £4 15s, sellers £-i 10s Gd. Bank of New Zealand—Sellers £5 10s. National Insurance (ex div.) —Buyers £1 3s. Westport Coal—Buyers £6 12s Gd. Porpetual Trustees—Buyers 15s Gd Godward's Pin—Buyers 2s. WAIKAIA NOTES. . (From Ode Own Coreespondext.) WAIKAIA, November 18. The majority of the dredges in this district have • lost a lot of time recently owing, to breakages and tho rivet being in flood, which prevented tho coal carters irom keeping up the supply, of cqal However, they are all at work again, and aonie very good returns were obtained for last week's dredging. The yield from, tho Lady Anue Company's dredge is reported to have been 2050z, and from the Duke of Gordon Company's dredge over lOOoz. Tho Hystory Flat Company's dredge is in fair order, and tho ground being worked is improving steadily. Much better returns are looked forward to than those recently obtained, The Masterton Company's dredge is on fair ground, and probably some excellent returns will be obtained from this property when well opened up. -The Fairdo'wn Company's dredge is in fairly good order, and hopes aro entertained that the lead of gold which uudoubtedly passes through the claim will be'met with at an early date. There is a likelihood of tho Kia-Ora Company's dredge, which was 'shut down' a few weeks ago, rosumlng opsrations, as good prospects have been Solained from several bores put down ahead of where the dredge was working. The Muddy Creek and Nugent Wood Companies' dredges are still on good ground, and the machines arc being kept in good order. The Waikaia Company's dredge is now in fair working trim, and it is expected that payable returns will be forthcoming soon, Tho llesscy Company's dredge is getting well forward with the return cut. It will probably take seven or eight weeks yet to got square on to the good lead. When this is accomplished there will he a long stretch of good ground ahead o! tho dredge, which will bo easily treated. The dredge is being kept in first-class or-clcr. A start has been made with the erection of the pontoons for tho Argylo Sluicing Company's dredge, arid the main service pipe line, about a mile in length, from which the power will be derived for working the machinery on tho dredge, has been placed in position. NOTES FROM CROMWELL. (From Oub Own Correspondent.) CROMWELL, November 19. There was a warm rain all round the district here yesterday, also at the Lakes, and the river is up considerably this morning, so there is very little chance of its falling much till after the New Year. Tho Halfway House dredge is moving up the river. The Sunsliino dredge is moving down to the old Point d'Or claim. Tho Clutlia fleet of dredges are all on good' payable gold now. The Revival dredge is repairing for a fewweekß. NOTES FROM ROXBURGH. (Faoa Odb Owm Correspondent.) ROXBURGH, November 19. Warm winds have been prevalent for the Inst few days, and tho river is high, and still rising. Tho Roxburgh Jubilee dredge has been repairing and getting alterations made aboard all week. The Pleasant. Valley Syndicate's claim was sold at auction this afternoon for £'100, The Roxburgh Amalgamated Company is busy putting in new pipes. It is doubtful if any sluicing will be done this year. ,The Tcviot dredge's new elevator is nearly fixed up ready for putting aboard. The Kohinoor dredgo is expected to start next week. A number of dredgemon have secured her on tribute. I believe Mr Andrew Rennie is to act as dredgemaster and Mr John Denford as engineer. THE WEST COAST. (From Our Own Correspondent.) ■ GREYMOUTH, November 20. The past week was the worst during the year for dredging. It rained steadily all tho time, with occasional hours of warm sunshine. Tlio.rivors and creeks were all more or less flooded, and none of the machines could be worked- to the best advantage, and somo wero stopped through this cause, while a number were repairing. The Nelson Creek division worked at much inconvenience, and, exoepting the Jamieson's Reward, which is away from tho stream, tlio returns will be small. ' - Tho Jamieson's Reward dredgo, as mentioned, got through the belt o! silt towards the end of tlieprevioiis week, and had a fair run of nice easy wash, giving 5502 '3dwt for the week. The Calloghan's dredgo obtained 230z for 123 hours; but half tlio time slio was bothered with the water breaking the face "away. The Mosquito dredge washed up 30oz,for the week. >'I'he amount of: timber was considerable, and this, with the great depth-of the ovcr-burdnh, caused"''a falling off.. There is no sign of'the fop layer thinning out. The Nelson Crock dredge is now, well above the bluff, and getting a wider face, but is not likely to get average returns for some time., Work at the Garden Gully quartz,olaim is to be"pushed on energetically.' There is quartz "in sight that is cxpoctcd to keep the mill going for four .years that is regarded as certain'to give from 15dwt to an ounce to the ton. Negotiations are now proceeding for the purchase of a 30-head stamper battery now at tho Thames.- The battery is one of the latest design, and. wr.s specially imported for a Thames company that went into liquidation shortly after the arrival of the machinery. NOTES FROM REGFTON. IFbom, .Our Own Correspondent.] . , REEF.TON, November 19. The Alpine Coinpa»'y|s / mine manager reThe south face in No, 10 has been extended "14ft, mailing the.tota.l distance 50ft. Tho face If still very hard and full of pyrites similar to . jvhat we h'ad ( ih No. 11 capping the little. reefT The crosscut'has been extended. Bft, making the total' distance 32ft. The face is very: hard, but plenty of water is coming from it. i SANDY POINT GOLD DREDGING :■ . /' COMPANY. . , TO THE EDITOR. Sir,—ln regard to the two lengthy stoppages within tho past .three or four .months through' -repairs , and alterations to tho machinery bf the above dredge, entailing a very heavy , expenditure to the shareholders, may I offer' a suggestion to the directors that, in the eveht' of any future repairs involving a large 6um' ( of money,-all-unnecessary dredge hands : be,. discharged ' and. the work put in the hands'of practical medianics. I. feci convinped-i;tliat had such a: course been followed the repairs would have been' com-ploted-witii'ifireatcr. expediency and a great savingUo ; the compay's finances would have been effeet«t ; ■ _ The sfirst, paift of! this might also well npply to the by the heavy, frosts duripg jaift' Hfls!* vftta*; when • all hands

have been "kept on." In view of the .consistent and good returns obtained by tho Sandy Point dredge during the past 18 months, and the small amount paid out in dividends, I think, Sir, that shareholders havfe just cause to complain.—l am, etc., ' November 19.- Investor.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19041121.2.59

Bibliographic details

Otago Daily Times, Issue 13136, 21 November 1904, Page 6

Word Count
1,718

A CLOTHIER'S CONVICTION. Otago Daily Times, Issue 13136, 21 November 1904, Page 6

A CLOTHIER'S CONVICTION. Otago Daily Times, Issue 13136, 21 November 1904, Page 6

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