Notes from Central Otago.
(From Our Own Correspondent.)
Mr Wiclcs has taken a new departure in mining at the old Crcesus mine. He has taken out the pumping engine and substituted a windmill, the pumps of which are not acting well, but I heir that the defect will be rectified. I trust innovation will be a success, but to have to depend on the caprice of the wind is not a pleasant thought. It locks somethin/ like sailing vessels competing with steamers. S^me very rich stone is at present being taken from v the surface. Holden is still on very gsod stone.' Several parties are taking surface stone from some of the old claims and seem to make a living.
The Bonanza are driving on the reef. The stone is very thin— 2in or 3in —but it is very rich. They had a nice little cake for Christmas. The ground is very heavy, requiring Bin or 9in props of manuka.
This has been a splendid year for water, and those with good sluicing ground have done well.
DUNEDIN STOCK EXCHANGE.
un.±\Jl\Uiil O v^uyiAllUiiai j From To Banks: £s. d. £s. d. Colonial of New Zealand 1 12 6 113 6 National (cum div.) ... 1 3 0 14 0 New Zealand (old) ... 311 6 313 6 do (new) ... 5 5 8 510 0 Insurance : National 0 16 6 0 ]7 0 New Zealand Accidoat ...096 0 10 6 New Zealand (cum div.) 3 2 6 3 4 6 South British 1 13 6 1 14 6 Standard 0 16 4 0 16 8 Shipping : New Zealand Shipping ... 2 9 6 211 6 Union Steam 6 17 6 7 2 6 Coal : Kaitangata (old) 14 7 6 14 12 6 do (new) ... 1 6 0 17 0 Weatport 2 13 9 2 14 6 . MISCELLANEOUS '. Milburn Cement (old) ... 019 0 10 0 Mosglel Woollen 312 6 314 6 New Zealand Drug ... 019 0 019 6 Otago Daily Times ... 817 6 9 0 0 Perpetual Trustees ... 013 0 014 0 Roslyn Tramway ... 118 0 2 0 0 Trustees and Executors 15 0 16 0 Mining Companies : Big River Extended ... 013 0 014 0 Cumberland 0 4 0 0 5 0 Exchange 0 10 0 13 Globe 0 4 0 0 5 0 Hercules 0 19 0 2 3 Keep-it-Dark 0 0 9 0 10 Keep-it-Dark No. 2 ... 0 2 6 0 3 0 Lyefi Creek 0 2 0 02 3 United Alpine (Lyell) ... 116 12 6 Welcome United 0 2 0 0 2 6 Dredging Companies : Big Beach ,033 039 Dunedin 12 0 13 6 Upper Waipori (10a paid - up) 0 4 0 0 4 6 do (contributing) 0 3 3 0 3 9 Sluicing Companies: Roxburgh Amalgamated (paid up) 0 3 6 0 4 0 Roxburgh Amalgamated (18s paid-up, contributing) 0 2 9 0 3 3 Brodrick & Chalmer Hamilton <fc M'Kerrow J. A. Chapman Quick & Vivian Fenwick & Logan E. R. Smith J. <fc W. Gage J. R. Scott
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW18940125.2.51
Bibliographic details
Otago Witness, Issue 2083, 25 January 1894, Page 13
Word Count
496Notes from Central Otago. Otago Witness, Issue 2083, 25 January 1894, Page 13
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in