THE WEEK'S DREDGING RETURNS.

Otago Witness, Issue 2507, 9 April 1902, Page 23

THE WEEK'S DREDGING RETURNS.

During the veek ended Monday, April 7, returns were reported 'from the following 59 , dredges, the total yield "being 13530z sdwfc-4gr. or an average of 260z per dredge: —

REPORTS FROM WORKING DREDGES. The secretary of the Junction Electric Gold Dredging Company reports a return of 1540z lQdwf last week. The drc-dgernaster of the Inchdale dredge

reports a return of 250z 14dwt gold for 159 aours" dredging. Our Reefton correspondent telegraphs that Jhe Alpine return 13 12 7 oz lOdv. t letorted go!d from 170 tons (clean-up). The return from the Premier Buller dredge Is 16oz for 77 hours. The secretary reports that the return from the Lawrence dredge is 14oz 18d-vt. Mr J. J. Ramsay leports the following leturns: — Paterson'R Freehold, 290z of gold for 133 hours; Waikaka United, 31oz of gold for 132 hours. The Molyncux Kohinoor Gold Dredging Company 'report a return of 12oz sdwt for 118 hours' work. The secretary of the Coal Creek Flat Dredging Company reports a return of 21oz for 128 tours' dredging. The dredgcnM=ter of the Golden Gate dredge reports a leturn of 18oz 6dwt. The liver is Steady. The secretaiy of the Inch Valley Gold Dredging Company report^ v return of 16oz lfadwt lor 11G hours' dredging. i, The secretary of the ReLance Drcdgirg Company reports a return of 12oz 16dv/t for last week. The drccige is now closed down foi Vei'airs. 1 J?or ilie week ended Monday, March 31, returns were reported from 58 Otago and SouthSand dredges, the total yield being 16280z Sdwt 6lgr, or an average of 2Soz per dredge. The return from the Kohikohi dredge is 15oz ior 127 hours. The secretary of the Waimumu Gold Dredging Company reports a return of 340z lldwt ior 149 hours' dredging. „,..-, n The secretary reports that the Teviot dredge washed up lloz for 103 .hours' dredging. The secreta.y reports that the return from fho Gold King dredge is 350z for 110 hours' dredging. • The dredgemaster of the Waimumu Central dredge reports a return of 19oz 13dwt for 130 hours' dredging. The sscretary of the Charlton Cieek Go!d Dredging Company reports a return of looz for 136 hours' dredging. The secretaiy of the Magnetic Dredging Company reports a return of 12oz 17dwt. The di^zfi gt*»v*.«w\ maiii ©a. Friday c^V

The dredgeinaster of tLe Lady Charlton dredge advises that the return is 12oz 7dwt for 117 hours' dredging. The wash is fair. The secretary of the Moljneux KohhiocuCompany reports a return of 7oz Vchvt 3gr for 72 hours' dredging. The dredgernaster is shifting the- dredge to the bottom of the claim. • 'Che secretary of the Waimumu Extended Gold Dredging Company reports a return of 1807 lchvt /or 103 hours' dredging. The secretary of the Spec Gully Dredging Company reports a return of 20oz 2dwt for 158 hours' dredging. The secretary of the Central Chariton Company reports a return of 15oz Hdwt for 119 houis' dredging. The Central Mataura Dredging Company reports a return of 13oz 16dwt from the No. 2 dredge for 128 hours' work. The dredgemaster ] leports'that the river is in flood. j The secretary of the Enterprise Gold Dredg- ; ing Company reports the following returns- — Ko. 1 dredge, 41oz 12dwfc llgr for 96 hours' djrdgmg; No. 2 dredge, lOoz 14dv/t Hgr for 117 hours' dredging. The secretary of the Junction Electric Gokl j Dredging Company reports a return of 86oz J2clwt from the Nek 2 dredge for 90 hours' dredging. The secretary of the Upper Magnetic God ; Dredging Company reports a return of 750z for 145 hours' dredging. The secretary of ths Olrig Company reports a return of 660z 6dwt for 117 houra' woik. The dredgemaster of ll^e Golden Bed dredge reports a return of 460z Sdwt for the week ended Saturdtiy, sth April. Sir W. E. C. Reid, secretary of the Mystery Flat Gold Dredging Company, Waikaia, reports a return of 4Soz 7dwt for 134 hours' diedgmg. The dredgemaster of the Unity dredge repoits a return of 530z for five days' dredging. The secretary of the Meg and Annie Gold Dredging Company rex^orts a return of Gfioz. The secretary of the Empire Gold Dredging Company reports a return of 520z lodwt. The secretary of the Earnscleugh Company reports the following returns: — No. 1 dredge, 550z 15dwt for 160 hours' dredging ; No. 2 dredge, 420z lOdwt for 77i hours' dredging. Mr Lawrence Eyan, Alexandra, reports the f oUov.uns returns . — Perseverajacft ,21a. 8 drefoe^

! 31cz lGdwt 6gr for five days' dredging; Per- | peverance No. 1 dredge. 14oz 7dwt Bgr for three days' dredging. The Molynetix Hydraulic dredge is stopped putting on new roller patch on the soreen. Mr Gibson, Lawrence, reports the following returns . — Success dredge, 20oz 13chvt 9gr for 139 hours' work ; Lawrence dredge, 12oz 18dwt ! for foiu- and a-half days' work. j The dredgemaster of the Golden Run dredge reports thpfc ha has made a, fresh start dredging after an overhaul, and the return for last week :s 250z 12dwt for 97 hours' dredging. The manager of the pipes reports a return of 260z, iii i> king a total yield of 51oz 12dwt. The Dur.edin Stock Exchange reports the following letm-iis for the week ended 29th March . — Otago dredge, 240z lOdwt ; Golden Tieasure dredge, 17oz. For the week e«ded sth April • — Otago dredge, 18oz for five days' dredging; Golden Treasure dredge, 18oz lOdwt. The secretary of the Royal Waimumu Gold Dredging Company reports a return of IGos 16dwt for 124 hours' di edging. The secretary of the Waikaka Gold Dredging Company reports a return of 13oz 4dwl for 130 hcurs' dredging. The secretary of the "Waikaka Queen Gold Dredging Company reports a return of V2oz for 80 hours' dredging. The return from the Rocklands Beach dredge last week was 270z 4dwt for 90 hours. The secretary of tha Central 'Electiic Gol<3 Diedging Company reports a return of lOoz for the week. The secretary of the Premier Br.Her Company reports a return of 250z for 110 horns' dredging. Ths dredgeniaster of the Gentle Annie dredge report 9 a return of lOoz for the week coded on Saturday last. The secretary of the Electric Gold Dredging Company reports a return of 320z 7dwt. The secretary of the North Beach Dredging Company reports a return of 2ioz for 130 hours' dredging. The secretary of the Mokoia G.D. Company reports a return of 230z 4dwt for 120 hours' diedgmg. The Fecretaiy of the Gabviel G.D. Company reijorts a icturii of 16cs 16dwt 'lgi>« for 100 hours' dredging. The diedgemaster repoit.* that he was dredging into the creek last week, and had a, lot of silt to shaft. The «cretpry of the Prince Albert G.D. Comppny leports a letiu-n o£ l'2oz 13dwt for 126 hours' diedgir.g. The =ecretaiy oi the Enfield Comppny reports a return' of 16o;: lldwt 12gr. Seveial shifts were lost during the week. Tli3 dredgemaster of the Golden Gate Dredging Company reports a return of 19oz 1-ldwt for five clays' work. The river is medium.^ The secretaiv reports thai the return irom the Alexandra Lead dredge is 18oz foi 84 hcurs' dredgirg. ' v Tho local dircctoi of the Happy Valley Company wives a return of 1-loz odwt for the week. The dredgemaster of the Rankleburn Amalgamated Companies' dredge (Mr Ivie Templeton) wires a return of 12oz 6dwt for 110 hours' dredging- The prospects keep the same, but the timber is tioublescme whcie the best prospects are. The dved^emaster of the Globe Company s dredge at Waikaka reports a return of 14oz 9dwt for 196 hours. The secretary of the Alexandra Eureka Gokl Dredgmg Company reports a return of looz for five days' dredging. The adjourned annual meeting of the Kuuy Gold Dredging Company will be held at Lawrence on Wednesday evening. A Greymouth telegram states that the return from the Waiwhero "Sluicing Company for the ironth was 1750z gold. The secietary of the Nelson Creek Go.d Diedging Company reports a return of 3050z for 132 hours' dredging. The secretary of Sheddan's Waikaka Freehold Gold Dredging Company le-ports a return of 420z for the week. The secretary of the No Town Creek Go'rt Dredging Company repoits a return of 31oz for five days' dredging. The secretary of the Waikaka Lnited Dredging Company reports a return of 260z for 120 ,Jhe secretary of the Inch Valley Gold Dredging Company "reports a return of 16oz 14dwt 9"r °The secretary of the Coal Creek Flat Dredging Company reports a return of 14oz 4dwt for 117 hours' dredging. Messrs Brent and Co. report a return from the Shotover Quartz Mining Company of 430z retorted go!d from 184 tons stone. DUNEDIN STOCK EXCHANGE. The aniount of business done on the Dunedin Stock Exchange on Monday was not quite so good in proportion as on Saturday, but still a very fair number of transactions were recoided. The excellent return of 3050z from the Nelson Creek dredge had the effect of causing West Coast stocks to harden slightly, although there wis not much improvement m prices. This, however, could scarcely be expected, as a gfnera! improvement took place last week in anticipation of such a return, and there is not likely to be any material change unless there is a* probability of another very large return at the end of this week. The Otago stocks held their own, and U' some cases a slight advance was noticeable. The mer has fallen appreciably since Saturday, the height at Alexandra yesterday morning being 6ft above the normal [ mark, while the weather was fine. The returns ■ from the Hokitika River and Mosquito dredge 3 ' were announced by the chahmaii at the morn-* miz caH. Aidingas took a. shaip move upward in the morning, when two sales took place at 235, with | further buyers at tho same price, and sellers I at 245, but there was a reaction in the afternoon, when buyers closed at 21s 6d, holders wanting 22s 2d. This company's dredge will be completed before long now, and the claim will soon be submitted, to a practical test. Alexandra Leads were firm. Two lots were taken up at os 3d, at which price more shares were in the market, buyers, however, closing at ss. Callaghaii's Creeks hardened" somewhat, but Dunj stan Leads were a little easier as compared ! with Saturday's quotations. Enterprises firmed ! a little, and a sale was made at 295, the closing quotations being 28s 6d and 30s 6d Excelsiors receded a little, but First Chances were stationary, as also wore Gold Kings, while Golden Beds improved a shade. A sale of Goldei. Rivers was made at 7s 3d, and two more at 7s 6d, after which buyers offered 7s 6d, sellers wanting Id more Grey River Consolidateds hardened, arid Junction Electrics lecovered ; Friday's position. A sale of tho latter stock took place at 20s 6d, at which price more shares were on offer, but buyers closed at 20s. Kelly and Caseys weie inquired for at 6s, but selleis would not come below 7s 6d. Manuhenkias were weaker, and a parcel changed hands at 31s, while more shares were in the market at 355, with buyers at 30s. Meg and Annies were steady. Sule3 were effected at 20s 9d and 21s, | and additional inquiries were made at the former price, holders asking 21s. Mystery Flats were wanted at 355, but there were n6 | -sellers. Nelson Creeks improved a little in the morning, but fell back again in the afternoon. Two sales took place at 71s, and two more at 70s, and there were still buyers at 695, with sellers at 73s 6d. A sale of N-Q Town Creeks was made at 22s 6d, at which price further inquiries were made, sellers closing at 22s 9d. Olriga were firmer. Two lpts of Pac- ; tolus shares were taken up at 7ls Cd, at which I figure there were further sellers, but buyers

ing again. Two transactions were recorded at 23s 6d, and another two at 23s 9d, while more shares were wanted at the latter price, but sellers asked 24s 3d. Royal Maoris recovered somewhat, a sale taking place at 13s, the closing qitotations being 12s and 14s 6d. Trafalgars hardened in the morning, but buyers dropped back in the afternoon, though sellers were firm. Upper Magnetics also improved, though there was a tendency to ease in the afternoon. A sale was made at 7s 9d, and two followed at 7s 6d, this figure being asked by further sellers, but buyers drew the line at 7s 3d. Victorys hardened in sympathy with other Nelson Creek stocks, and two sales took place at 235. while the closing quotations were 27s 6d and 28s 6d. DUNEDIN STOCK EXCHANGE. March 25. — Enterprise, 29s ; Gentle Annie, 179 6d; Gcldeni River, 6s 6d ; Leaning Rock, 12s 6d ; Meg and Annie, 235, 22s 6d, 225, and 21s 9d; Olng, 245; Rise and Shine, 24s 9d, 24s 6d, and 24a 3d ; Trafalgar, 23s 3d ; Upper Magnetic, 7s. March 26 —Gold King. 6= 9d ; Meg and Annie, 235; Nelson Creek, 60s 9d ; Rise and Shine, 2ps, 25s 3d, 25s Gd, 25s 3d, 255, and 25s 6d; Upper Magnetic, 7s , Victory, 21s. March 27.— Alexandra Eureka. 7s 6d dis ; Dunstan Lead, 7s, 7s 6d, and 8s : Electric Extended, 4s , First Chance, 7s 6d ; Golden Bed 10s ; Golden River, 7s ; Grey Rh er Consolidated, Is 9d ; Meg and Annie, 2"3s Gd ; Rise and Shine, 25s 9d, 265, and 25s Sd ; Royal Maori, 15« ; Teviot, 5s Gd ; Upper Magnetic, Ss ; Victory, 22s 3d. April 3.— Aldinga, 19s 9d ; Boundary Creek, ss; Dunstan Lead, 103 ; Golden River, 6s 9d ; Junction Electric, 21a and 20s Gd ; Meg and Arnie, 22-, 6 J ; North Beach, l'is", Rise ard Shine, 21s, Victory, 245, 2is 3d, 24s 6d, and 2os. "" ' April 4.— Durstau Lead,- 10s 3d; Gcid King, 6s Sd and Cs Cd ; Golden River. 7s 3d ; Junction Electric, 20s oci . Meg and Atvue, 21s and 20s 6d ; Nelson Creek, 69s 6d ai;d 70s-r Ri^e and Shuie, 23s 3d, 2!is, 22s 3d, and 21s 6d ; Victory, 265. Apul s.— Aldinga, 20s 6d ; Duistan Lead, 10s; Erterpn-e, 28s 9d ; Excelsior, 4s; Gold King. Gs 9d , Go'den Bed, 12s 6d ; Manuherikia, 35s ar.d ols 6d ; Meg and An. le, 21s, Ol'ig, 255, Paotolus, 70s; Rise and Shim. 22a Cd and 235; Trafalgar. C?s 6<* ; Upper Magnetic, 7s; Victory, 27s and 27s 6d. April 9.— Aldmgas, 235; Alexandra Lead, 5s 3d , Ente. prise, 295; Golden River, 7s 3d ar.d 7s Gd; Junction Electric, 20s 6d ; Manuherikia, 345; Mrg and Annie, 20s 9d and 21s; Nelson Creek, 713 and 70s, No Town Creek, 22s Gd , Pactolu=, 71s Gd ; Rise and Shine, 233 6d and 23s C'J . Royal Maori, 13fc ; Upper Magnet.c, 7s Od and 7s 6d ; Victory, 28s. OTAGO STOCK EXCHANGE. March 25.— G01d King, 6s 6d ; Olrig, 245. March 2G.— Goll King. 7s; Leaning Rock, 12s 9d: Monte Christo, 2-Js 6d. March 27.— O'.ng, 21s 3d, R:re a:id Shine, 25s Gd.

U2. uwi. •gr. Junction Electric, Cromwell * 90hrs 86 12 6 Upper Magnetic, Kawarau River. •* 145hrs 75 *0 0 Meg and Annie. Kawarau River 68 0 0 Olrig, Manuherikia, 117hrs .. .. 66 6 0 E-arnscleugh "No. 1, Alexandra . 55 15 0 "Unity, Clyde, sdys 53 0 0 Empire, Waipori (2 dredges) . . 52 15 0 .Mystery Flat, Waiknia, 13-lhrs .. 48 7 0 Golden Bed, Miller's Flat, wk.. 46 S 0 Eamscleugh No. 2, Alexandra, 77Ahrs 42 10 0 Sheddan's Freehold, Waikaka, wk 42 0' J3 Enterprise No. 1, Alexandra, 9Ghrs 41 12 11 Gold Kmg, Roxburgh, llOhrs .. 35 0 0 Waimuxmi, nr Mataura, 149hrs.. 34 11 0 Electric, Cromwell . ... 32 7 0 Perseverance No. 2, Alexandra,sdys 31 16 G Waikaka United, Waikaka, 120hrs 26 0 0, Golden Run, Miller's Flat, 97hrs 25 12 0 Success, Waipori, 139hrs . .. 20 13- 9 Spec Gully, nr Gore, 158hrs .. 20 2 0 Golden Gate, Miller's Flat, odys 19 14 0 Waimumu Ceutial, nr Mataura, 130hrs 19 13 0 Golden Treasure, Miller's Flat .. 18 10 0 Waimumu Extended, nr Mattmra, 103hrs 18 1 9 Alexandra Lead, Alexandra, 84lirs 18 0 0 Otago, Miller's Flat, Stiys .... 18 0 0 Gabriel, Tuapeka Flat, lOOhrs . . 16 16 4 Royal Waimumu, r.r Mataura, 12-thrs ... 16 16 0 Inch Valley, near Palmerston . 16 14 9 Enfield. Waipori 16 11 12 Royal Maori. Clutha, lllhrs .. 16 0 0 Central Charlton, nr Gore, 119hrs 15 14 0 Charlton Creek, nr Gore, 136hrs 15 0 0, Alexandra. Eureka, Alexandra, sdys 15 0 0 - Globs, Waikaka, 196hrs . 14 9 0 Perseverance No. 1, Alexandra, 3dys 14 7 8 Happy Valley, Tuapeka. wk .. -14 -5 .0 Coal -Creek Fiat, above Roxburgh, 117hrs 1* * -0 f Central Mataura No. 2, Mataura, 128hrs 13 16 0 Waikaka, Waikaka, 130hrs .. 13 4 0 Lawrence, Tuapeka Flat, 4Ulys . 12 18 0 Magnetic, Cromwell 12 17 0 Piince Albert, Up. Clutha, 126hrs 12 13 0 Lady Charlton, nr Gore, 117hrs 12 7 0 Riinkleburn Amalgamated Companies, Beaumont, llOhrs .. 12 6 0 Waikaka Queen, Waikaka, SGhrs 12 0 0 Teviol, Roxburgh, 103'nrs . 11 0 0 Enterprise No. 2, Alexandra, 117hrs 10 14 14 Gentle Annie, Kawarau River 10 0 0 Contml Electric, Cromwell, wk 10 0 0 Mclyneux Kohinoor, above Roxburgh, 72hrs 7 "' 3 Total 1353 5 4 Golden Run pipes 26 0 0 The West Coast. Nelson Creek, 132hrs 305 0 0 PactokiH, }28hrs ... 113 13 0 Hokitika River, 120hrs .... 33 0 0 No Town Creek, 5 days 31 0 0 C&llaghan's Creek, 125hrs .... 30 0 0 Rookland'- Beach, 90hrs .... 27 4 0 Premier Buller, llOhrs 25 10 0 North Beach, 130hrs 24 0 0 Mokoia, 120hrs 23 4 0 Red Ji.cks, 88hrs 19 14 0 Mosquito, 77hrs IS 10 0 Totara Flat, weok 15 2 -0 Greenstone Creek, 86hrs .... 6 0 0 Total 671 17 o''