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DREDGING RETURNS.

*T Per Press Association. DUfIEDIN, June 13. During the week ended to-day return? were reported from 24 dredges, the total yield being 7700zs 17dwt 17grs or an average of slightly over 32ozs per dredge. The Matau dredge (Alexandra) heads the list with 140ozs : Alpine (Cromwell) 80ozs ; Magnetic (Cromwell) 70ozs; Golden Beach (Alex andra) 48oz^ sdwt 6grs ; Nil Deeperandum 45ozs ; Dunedin (Alexandra] 3loz ; Golden Gate (Island Block) 27ozs 18dwt; Jutland Flat (Waipori) 27£ozs ; Molyneux Hydraulic 27ozs ; Otago (Miller's Flat) 24£ozs ; Enterprise (Alexandra) 230z3 4dwt 3gr3 ; Ettrick (Moa Flat) 22£ozs ; Golden Terrace (Shotoyerj 210z3 sd\vt 14ers ; and 11 others ranging from 19ozs to 9ozs. The total capitalisation of the dredging companies registered m Otago amounts to £508,850, The nominal capital of companies regis tered since Ist January, 1897, is £389,150,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD18990614.2.21

Bibliographic details

Timaru Herald, Volume LXII, Issue 2977, 14 June 1899, Page 3

Word Count
130

DREDGING RETURNS. Timaru Herald, Volume LXII, Issue 2977, 14 June 1899, Page 3

DREDGING RETURNS. Timaru Herald, Volume LXII, Issue 2977, 14 June 1899, Page 3