MINING.

Star (Christchurch), Issue 8333, 3 June 1905, Page 5

MINING.

WSSTLAND NOTES. [From Ovx. Comubpondbnt.] GRJSYMOUJ.H, June 3. In the share market Bigneil's Nowwn are on sale at 15a 3d, and NelEon Creeks at 20s. Binckwater River (contributing) are quoted at 2s to 2s 6d, whilo Pactolus remain at buyers 28s and sellers 30a. . . A dividend of Is 6d per share in the Pactolus Gold-dredging Company was payatleyesterday. A' large number cf the hands employed at the Inkernrann mine came imo Reeiton yesterday, work having been partially suspended on that property. Rocklands~ Beach dredge obtained 13oz 10 dwt for 115 hours. Greenstone Ihree-mile had no washing up, and New Greenstone is now repairing. Keep-it-Dark, the most consistent dividendpayee on the West- Coaet, haa declared another dividend of sixpence per share, payable today. The directors of the Notown Creek Company hay& declared a dividend (the twentieth) | cf one shilling per share, payable to-day. During the month of May the gold export from Grey mouth waa as follows: — liwungahua j County, 51500z lOdwt 21gr, valued at £20,707; j Buller County, 118oz 2dwt 6gr— M73; Grey 1 Coun'iy, 43130z 13dwt 15gr— £13,339 ; Westland County, 9940z 19dwt 20gr— JB4002; lotel, 10.5770z odwt 14gr— £38.526. , The dredges during the past week have had good work, and some solid yields are expected. Notown Creek, No. 21 dredge, has bottom aad tailings rather troublesome. Nortfh Beach is in process of reconstruction. The Blackball Coal Company has • written to the Greymouth Harbour Board protesting against the special rate of 3d per ton of coal being levied on it and other private companies, whilo' the State mine goes ecot free. It appears ihat a special rate is leviable under the Greymouth and Wesipori; Harbour Boards Act, and is for the purpose of providing interest and sinking fund, and cannot be used for any other purpose. For some three years post the private companies have been paying the rate, but since tbo State mine entered the field of competition the Government refused to pay. the charge. The Board's solicitor -advised the Board that it cannot enforce the charge against the State mine. Mr Guinness, M.H.R., said that when the Bill was before the House it was distinctly stated that no advantego would be taken over private individuals, yet this was now being done. It wsjb decided to 'bring the matter under the nottco of ihe Government, a resolution being passed "That this Board recognises the justice of the com-, plaint by ilhs Blackball Company."

DREDGING RETTJiiXS. [Per Press Association.] DUNEDTN, Jnue 3. Dredging Returns — Otago No. 1 20- z. Cit-go No. 2 70oz, Three-mile Greenstone 270z. Blackwater River 790z, Notown Creek 750z, Rise and Shine No. 1 31oz, 2\a. 2 21- '/.