Notes from Roxburgh. From Our Own Correspondent.)
September 10. —The Amalgamated claim, as is already known, has struck a payable run, probably the one known as " Carlavv's run." and the returns are very satisfactory. If this continues the shareholders will have reason to rejoice.
The Hercules compan-e.- are not in ho satisfactory a position, but the parent company, I hear, is doing fairly well, and No. 2 is on payable gold. The Roxburgh dredge is doing well. A dividend of Is (Id was paid last Saturday, and there is every probability of more to follow. It is a good property. Mr William AtkinsoD, who has for some time be<-.n th" manager of Hercules 2, has resigned the management in order to take charge of the valuable mining interests of Mr Sew Hoy at Nokomai Mr Atkinson has done good service, and his abilities will be foui d of great benefit to his new employer He is everything that a mine manager ought to be. He was entertained at the Athenasum last week, and a handsome watch was presented to him. The new manager is Mr David Robertson, who has had considerable experience. He will need it all at this sea-o-i of the year.
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Bibliographic details
Otago Witness, Issue 2116, 13 September 1894, Page 16
Word Count
203Notes from Roxburgh. From Our Own Correspondent.) Otago Witness, Issue 2116, 13 September 1894, Page 16
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