105

0.—3

Ql.fc 1 ??7 p" T kcen N M r Ii h P . aeh n Gold - <3re^ !n g Company, having been reconstructed, has bean working consistently throughout the year, but the results have not been very satisfactory The blab Hut Creek Gold dredging Company deserves special mention for the admirable manner in which it is managed and the uniform consistency of its results. Within twelve months from the registration of the company a dredge had been purchased and erected, and won for its shareholders a dividend of Is. The dredge is working alongside the Tawhai Railway-station and a tramline of a few chains suffices to bring fuel and stores to the vessel's side. This company will, I think, continue to pay dividends for some years. For brief mention of other dredging comnanies see reports under the headings of Lyell, Reefton, and Ahaura ; see also Tables B, G, and D. ureaging companies,

Table A. — List of Companies having Dredges actually at Work on their Claims during the Year 1905.

14—C. 3.

Name of Company. Date of Completion of Dredge. 'resent Capital at Par of Company on which Dividends are payable. Borrowed on Debentures, Overdraft, or otherwise. Location of Dredge. Number of : Hours worked from 1st Januarv, 1905, to 31st December, 1905. Number of Ounces of Gold won from 1st January, 1905, to 31st December, 1905. Total Amount declared in Dividends to Shareholders. North Beach Gold-dredging Company (Limited) Al Gold-dredging Company (Limited) .. No Town Creek Gold-dredging Company (Limited) .. April, 1902 June, 1901 No. 2, purchased 1904; No. 1, 19th December, 1901 No. 1, November, 1900; No. 2, March. 1903 13th October, 1900 Purchased 1904 .. 3rd September, 1901 1901 June, 1903 No. 1, 26ch February, 1902; No. 2, 3rd September, 1902 8th March, 1902 .. 8th December, 1900 23rd January, 1903 6ch August, 1903 .. £ s. a. 3.000 0 0 8,500 0 0 12,000 0 0 £ s. a. 764 12 3 North Beach, Greymouth Redman's Creek, Inangahua No Town Creek, Grey County 2,880 5,681 9,606 Oz. dwt. gr. 370 18 0 780 16 0 2,243 10 20 £ s. a. 2,125 0 C 13,800 0 C I I Reeves's Proprietary Gold-dredging Company (Limited) I 14,200 0 0 1*2,500 0 oi |t2,000 0 Oj Boatman's Creek, Inangahua 4,480 3,348 923 10 0 433 19 0 | 610 0 0 Mokoia Gold-dredging Company (Limited) New Feddersen Gold dredging Company (Limited) .. Kohikohi Gold-dredging Company (Limited) Aniikitea Gold-dredging Company (Limited) Belle Vue Gold-dredging Company (Limited) Paotolus Gold-dredging Company (Limited) 9,000 0 0 2,312 10 0 14,667 0 0 12,500 0 0 3,400 0 0 ■• 1,000 0 0 1,650 0 0 1,870 0 0 Three-channel Flat, Buller River Buller River, three miles below Lyell Matakitaki River, Buller . .* 2,819 No record No record 2,861 654 14 0 742 16 0 470 0 0 441 2 0 489 8 15 1,925 0 C 1,271 17 6 | 9,375 0 0 ( 1 - Nelson Creek, Grey County 6,144 5,637 2,700 4 0 3,204 5 0 l 20,937 10 0 Callaghan's Creek Gold-dredging Company (Limited) Nelson Creek Gold-dredging Company (Limited) Blaekwater River Gold-dredg'ng Company (Limited) Jamieson's Reward Gold-dredging Company (Limited) New Trafalgar Gold-dredging Company (Limited) Bignell's No Town Gold-dredging Company (Limited) Slab Hut Creek Gold-dredging Company (Limited) .. 7,187 10 0 8,500 0 0 9,475 0 0 9,990 0 0 6,500 0 0 9,000 0 0 4,565 0 0 Callaghan's Creek, Grey County Nelson Creek, Grey County Blaekwater River, Inangahua Nelson Creek, Grey County 6,406 5,840 4,806 No record 2,940 6,240 3,101 72,789 1,324 3 0 1,106 17 14 2,030 16 22 2,232 15 1 586 9 18 1,300 12 12 559 10 4 5,312 10 0 23,375 0 0 6,395 12 6 4,740 10 0 325 0 0 2,250 0 0 470 0 0 January, 1904 End of 1904 No Town Creek, Grey County Slab Hut Creek, Inangahua Totals 22,596 8 10 83,538 0 0 144,172 0 0 9,784 12 3 * Debentures. i Preference shares.