MINING.

Otago Daily Times, Issue 14002, 7 September 1907, Page 12

MINING.

The mine manager of the Canada Beefs Company (Ltd.) reports. 9, return ol 53*>z ' 0i rom a crashing of 127 tons, ■this is the first crushing made by the company. is considered 1 very aatisactoiy. iU i ® ,v ' tz^rs dredge has been stopped for tte last few days owing to trouble •with the valyeof the engine,, but will resume work on Monday morning. The directors of the Hartley and Riley Company- have declared a dividend (tho uiirty-fiTst) of 2s per share payable on Friday, 13th inst. . Whon this dividend is paid tho company will havo returned fl2 7s per' share in 'dividends, aw directors of tho Rising Sun Gold JJredging Company havo declared a dividend (tho seventh) of' 2s, payable on the 9th inst. . he master of the 'Matau 1 dredge, in wiring mL rc ' u f n ' £a^a ' " improvement, lue Now Perseverance No. 2 dredge will wash up to-day. Tho muster' of the Bignell's No Town dredge reports:-"Wo had a few stoppages to enable sundry repairs to bo effected. About midnight en '.Thursday one of the screen roller bsarings gavo out, but as wo 'ii&d -a spare set on h-andi we lifted; tho soreon, put m the now bushes, and' resumed work at 6 a.m. <m Friday, Qntho previous Sunday wo put in a screen roUor, with jjew shaft at tho upper end of tha sorocn. We •havo now got past the largo stone which wo had m the face at tk&e of writing mv laofc report, ftnd at present largo stor.es wo not. eo numerous in .tho facc as they were On? Sunday, September 1, wo eleaned cut. tno boilor and effected sundry repairs," ' Mrs Edith Lansell, widow of the' late Mr George Lansoll, BendigoVfV.) "Quark JVUlg,' has presantod £120Utothe Melbc-urno University for tho foundation of a mining So S°c l , Pl ,t° b = caUc<l George W seu scholarship. The cheque for the amount was first hinded to the Premier (Hon. I', Lent), who forwarded it to the Chanrelte of toe University. Tho Premier is recommending the Cabinet to vote a similar amount. The muster of the New Trafalgar dredge reports: "Thero is not much change to report except that tho wash is making in patches, the reef'has risen another foot or »» cut ' aDd it is only about 7 OT f ft ; water level; with no wash to speaJc of. .There is good wash in at tl'o creek side, with bottom at 32ft, I'ha width off the cut is near-ly 300 ft." t The Mount Lyell Mailing and Railway Company treated from July 18 to August M inclusive, 29,433 tons of ore, being l 20 Oil tons from the Mount Lyell mine, and 0379 tons from tho North Mount Lyell mine. In addition to tile above there have been treated miring the aanio pariod 7GI tons of purchased oro and ruelaJ-boaving fluxe« The converters have produced during the samo pesriod Glo tons oi blister copper, ccmfoin'illi iKE"' 656 tons; silver > "2,85G0z; gold, tP 02 ' P™ 1 " 0 ' fr< *> the smelters from -.J™ 0 -J 0 Ju,y 17 was 673 tons copper Miim silver, and 15S-2oz gold. DREDGING RETURNS. Manuhorikia, Mow Alexandra, ' H3hrs .. .. ~ > 132 o q Electric No. 2, Cromwell, Gdavs 100 5 0 Hartley and Riley, Cromwell 1241irs 9 , . Mystery Flat, Waikaia, 13Sbrs.. 50 " 0 Wootertou, Waikaia, 129hrs 30 n 0 New Perseverance No. 1, Alexandra, week 33 n n Chariton Creek, Gore, week .. 25 0 0 Central Charlton, Gore, 132 bis., 2t 17 0 Electric No. 1, Cromwell, 51hrs 21 13 0 Kura, aikoia, 113hr9 .. .. 20 14 0 Gold King. Roxburgh, 5 days " '19 8 0 \Naika;a. ttaikaia, i3Gbrs .. . 13 15 o Clyde, Alexandra, 11-flirj .. 13 0 0 ■ •ilatan, Clyde, 4 days G 0 0 DUI'.'EDIK STOCK EXCHANGE. It was currently rumoured in mining circles yesfordav that a largo return—in fact, over dOOoi—might be cxpected from the Sailor's liend dredge, which washes up t<Hlay, and this had tho elfcct of raising the value of shares in this stock; In tho morning a parcel was sold* at life 3d. the closing quotes bein"* buyers 3s '3d, sellers 10s 3d. Iu the after" noon a second parcel was mapped -up at 103 £& 9JlSfet«£BS 10j