MINING NEWS.

Alexandra Herald and Central Otago Gazette, Issue 364, 30 April 1903, Page 5

MINING NEWS.

The New Eendigo dredge, under the capable guidance of Dredgemaster Woodhouse, reached her claim safely on Friday last. The dredge is moored * short distance below the upper boundary, where dredging will be commenced as soon as the river is favorAble. It will be remembered that the First Chance dredge last season obtained several "seutury" returns on and immediately above the boundary line between the two claims, and it may be regarded as morally certain that the Bendigo will, during the ensuing season, obtain returns quite as satisfactory as those won by the neighboring dredge. The Dunstan Lead dredge, which was stopped three days last week owing to a breakage in the elevator gear, reflamed work at midninght on Sunday. Notwithstanding the broken time the •hedge washed up the very satisfactory return of 530z odd. As the dredge washes up on Friday the next return will also be the result of a broken Week's work. The First Chance dredge will have a trial run this week, and, if the machinery works satisfactorily and the drift is not too heavy, dredging will be continued. The dredge resumes operations at the lower end of the claim, where large returns were obtained last year. ! Messrs Knewstubb Bros, are the suicessful tenderers for dismantling and re-erecting the Shepherd's Creek dredge on. the Loch Lomond claim, Jraser River, and will start operations ftt once. The Sandy Point dredge is working ■ steadily, and is keeping on payable wash. The dredge is working right across the cut, but about 20ft on the inside of the cut the ground is rather leep for the dredge to bottom. t She material for lengthening the ladder of the Go'den River dredge left Dnnedin last week, and the work should be completed in time to allow cf the dredge taking full advantage of the low river season. Mr Jellicoe, the well-known Wellington solicitor, recently asked a sharebroker whom he bad placed in the witness box if he did not " shout" Sj good many drinks to prospective buyers of mining stock. " You have b > push the shares along, dontf you, Mr S ? " said he. " Unfortunately yon know it, don't you, Mr Jellicoe % " was the reply. The justice before Whom the case was being tried said it was quite understandable that " given a likely subject, the broker might smile and say, • Come and have a drink tld man.' " The broker retorted that re" found new clients unable to pay for drinks-, as it took all they had to U» calls r Writes our Bannockburn correspondent:—The last of the dredges on the Bannockburn, —viz, the Shepherd's .'reek —is going to disappear soon. Messrs Knewstubb and 00. have commenced to dismantle her, so in a short time, nothing will remain of her. At the end of last week it was curtently reported that the contract for 'the coal road down the west side of the s ihrer had been let, and on Monday morning it was observed that a large zang of men had commenced work. Che various shops in the town had teen cleaned right, out of shovels and ticks, and the workmen had got so far » as appointing a chairman and secretary cf works to manage their interval affairs; when, lo and behold ! the same afternoon up came a telegram from ] )unedin ordering that the work be stopped. The party, thereupon, had j erforce to disband, and the next day found amusement in returning their J 1 icks and shovels to the store, at second-hand rates. What we should like to know is : Who is responsible for this piece of first-class bungling ? The contract for repairing and overi auling the New Golden Beach Co.'s Iredge has been let for £1732. The work is to be completed in 10 weeks. We are pleased to learn that the I unedin Stock Exchange has authorised their Alexandra correspondent to 1 ave the marks on the Alexandra r ridge pier re-painted, when the river falls a little lower. ,-tiSvU.w We hear that being experienced in obtainmg -earideirs to convey coal to the gorge below Alexandra, during-fee ensuing season. '-■■.■ The Sailors Bend dredge will probably commence work next Monday.