Mining News

Southland Times, Issue 19728, 31 January 1906, Page 2

Mining News

Per United Press Association. DUNEDIN. Jam 20. During the week ended tu-ilay ret urns were reported from 39 dredges. Hu* total yield bcir.g 106Uoz. DJdwt, an axerage of 27 oz per dredge. Additional returns: W.C-aka Fnilel 1 oloz Udwt. Moiyneux Hydraulic 320z in dwt. .Jam 30. Dredging returns ; Paterson's Freehold t 25ozs ; No. 11 JOozs, Moiyneux Hydraulic 32ozs. Tin* statement of affairs of (lie Jewett .s Gully Gold Mining Company, in active operation at Riverton, registered on Hie 21st May last, shows that Hie nominal ni)'i - .n! is 111809. of which £1675 has been' subscribed and £1462 paid up. The shares are held i*y 2(1 shareholders. The company c-n I Joys from three to live men, mid .nice registration in May, 100,3, has produced gold to tile value of £l2l 2s 2d. Since registration £1845 has been spent in carrying on operations. The statement of the 'V.Uthoii’s Freehold Goldmllning Company, registered in 1809, shows that the nominal capita’ is £12,000, of which £BOOO has been subscribed and'paid up. There are 26 shareholders. Since registration *gold to the value of £28,196 b«s Veil produced, and £35,999 has bean expended in Currying on operations. £4BOO las lien paid in dividends. The statement of the Wuiknk.t Tidied Gold Dredging Company registered 11th February, 1899, shows that , ;,e capital is £15,000, of which £4 700 has been subscribed and paid up. flie i.u nher of shareholders is 26. Since registration gold has bouii won to (he viiue of £37,573, and £41,951 bus bce.i expended in carrying on operations, l uni nls to the amount (>f £10.920 hoe bten paid.