MINING NEWS.

Alexandra Herald and Central Otago Gazette, Issue 383, 10 September 1903, Page 5

MINING NEWS.

The river has continued to fall steadily during the week, the height at the Alexandra bridge last evening being 3| feet above the " normal" mark. The Earnscleugh No 2 dredge retained work on Tuesday morning, The Perseverance Company has dedared another dividend (the 17th) of Is per share. The Eureka Co.'s No 2 dredge is being floated down the river, and should arrive at her destination immediately. It is intended to commence dredging operations at the lower boundary of the company's claim, where the Alexandra Lead dredge ceased operations on her first eat, should the river remain at a suitable level. Mr W Weir, late of the Moa dredge, has been appointed dredgemaster of the Crewe dredge at Nevis. Mr J. Stare has been appointed engineer of the Perseverance Co.'s No. 2 dredge. The surrender of the following coal leases his been accepted by the Crown: 19 acres 1 rood 14 perches, Section 2, Block XL, Town of Alexandra, Otago, and Section 17, Block VII, Leaning Rock District, granted to Louis Cards asd Samuel Cameron. The Sandy Point dredge still keeps on good wash, her weekly returns being highly satisfactory. A good deal of trouble and consequent loss of time hj caused occasionally owing to the accumulation of silt and fine staff at tlie stern, and to obviate this it is pro* posed to fit up a silt elevator on the dredge. This work will, we understand, be put in hand at once. The Olrig dredge last week got on to better wash, and the return for the present week is expected to show a still greater improvement. Sluicing operations were resumed last week on Mr James Rivers' Tucker Hill claim, a full supply of water now being available. The Mannherikia dredge again succeeded in topping the list last Saturday, with the handsome return of Ss7ozl6dwt. The dredge still keeps on very rich wash. The Fourteen-mile Beach dredge has not yet had a satisfactory trial run, and some finishing touches have yet to be made before a start can be made. The Bendigo dredge is operating on vary payable wash. ~" GOLGOND* GOLD DREDGING CO., (In Liquidation). The final meeting of shareholders in the above company, called to receive the liquidator's statement and report, was held at Alexandra on Friday evening last, 4th inst. There were seven shareholders present, and Mr Geo. Spencer was voted to the chair. The statement of the liquidator, ■bowing the manner in which the winding-up had been conducted, and bow the property of the company had been disposed of, was presented, and was adopted, on the motion of Mr Steel, seconded by Mr Luke. It was resolved, on the motion of Mr R. Roes, seconded by Mr Schaumann, that the balance of iA 17s lid as shown in the liquidator's statement, be handed over to the liquidator by way of a bonus; also that the books, accounts and documents of the company be retained by the liquidator for a period of three months and then destroyed. Mr Schaumann moved that a hearty vote of thanks be accorded to the liquidator for the satisfactory manner in which the winding-up had been conducted. Mr Spencer said he had very much pleasure in seconding the motion, which was carried unanimously. A vote of thanks to the chairman concluded the meeting.

DREDGING RETURNS. The following are the returns for the week ending Saturday, September sth, 1903:

— at ' ■ oz dwfcjtrs Manubarikia, Alexandra, 130hrs 257 16 0 Hartley and Rileyt ffromweH ... Junction Electric No 2, Oromwell 111 0 94 13 0 0 Roxburgh Jnbilee, Roxb'rgh, 138h 74 2 6 Molyneux Kobinoor, Roxburgh.. . 68 9 12 Cromwell No. 2, Cromwell ... 64 7 ~ U Dunstan Lead, Alexandra, 61 0 0 Golden Ron. Millers Flat 53 10 0 Interprise No 2, Alexandra ... 49 19 0 Bendigo, below Alexandra 47 0. V Bectric No 2, Cromwell 45 0 0 Ittrick, Roxburgh. 197hrs 44 0 0 iandy Point, Alexandra, 44 0 0 Perseverance No. 1, Alexandra ... 43 14 4 Oromwell No. 1, Cromwell 43 8 0 J Unity, Clyde, week ... 43 0 0 Waimumu Queen, Gore 41 10 0 Upper Waipori, Warpori. wk ... 36 0 0 Perseverance No. 2, Alexandra... 35 12 0 8beddon'8 Freehold, Waikaka, wi : 32 0 0 llectric No. 1, Cromwell 31 13 0 Betsey's Waikaia 31 8 0 Junction ElectricNo 1, Cromwell, 30 15 0 E&rnscleugh No 1. Alexandra, 131b 29 12 0 Happy Valley. Tuapeka. wk 28 9 0 Otago No 2, Beaumont 28 0 0 Waikaka Queen. Waikaka 27 5 0 Muddy Oreek, Waikaia, wk ... 27 0 0 Rije and Shine, Ur/er Clutha ._ 24 10 0 Waimumu Extended, Gore 24 11 0 Davis Bend No 2, above Clyde ... 24 7 0 Waikaka United No 1, Waikaka 24 4 0 Matau, Clyde, week ... 24 0 0 Empire No I, Waipori 22 6 0 Tuapeka, Tuapeka Flat, 22 5 0 Golden Gate. Millers Flat, 6dys 22 1 0 8uccess, Waipori 22 0 0 % - ■ MacCharlton," near Gore, 132hrs 21 0 0 Majestic, Miller's Flat 20 19 0 Taniwha, Tuapeka River 20 12 0 Chicago, Alexandra, 123hrs ... 20 10 7 Inch Valley, near Paimerston ... 20 5 0 Reliance, Zuapeka Flat 20 4 0 Mystery Flat, Waikaia, 19 11 0 Charlton Creek, near Gore 19 10 0 Gabriel, Tuapeka Flat:. Central Charlton, near Gore, 132 fa 19 0 0 rl8 6 0 Alpine No. 2, Cromwell, 17 5 20 Waikaka, Waikaka, 132brs 17 4 0 First Chance, Alexandra 17 0 0 Oairntrodhe, Poolbum, 108hrs... 17 0 0 Central Sataura, Matanra, 16 2 0 Oirig, Mannherikia, HOh 15 19 0 Itk wrsnce, Tuapeka Flat, 6dys 15 13 0 si* HH »!

Golden Treasure, Miller's Flat,. ,.. 15 0 0 Inchdale, near Palmeraton, ... 14 10 0 Riley's Beach. Cromwell, 14 i 0 Enfield, Waiporl, ... 13 10 0 Spec Gully, near Gore, ... 13 0 0 New Teviofc, Roxburgh, ... 11 0 0 Lady Roxburgh, Roxburgh .. II 0 0 Enterprise No 1, Alexandra .. 10 8 12 Davis Bend No-1, Alexandra, 96b 8 0 0 Globe, Waikaka, 128hrs ..770 Total for 47 dredges 220G 19 13 Average per dredge 33 0 0