MINING NEWS.

Alexandra Herald and Central Otago Gazette, Issue 390, 29 October 1903, Page 5

MINING NEWS.

The rainfall on Tuesday night caused the river to rise rapidly, and during yesterday the water crept up to the 15ft mark at the Alexandra bridge. Late last evening the river appeared to be stationary at this level. The Moa dredge is working steadily. Mr J. Sanders, late dredgemaster of the Golden River dredge, has been appointed to a similar position on the Golden Gravel Co.'s dredge:

The directors of the Manuherikia Company have declared a dividend of 2s per share, payable on November 1. During the last four months shareholders in this company have received Ii dividends £13,000, or 22s per share. Mr W. Sanders, at present on the Shellback dredge (West Coast), has been appointed dredgemaster of the loch Lomond Co.'s dredge. Mr M. M'Craw is engineer. Messrs J, M'Ginnis and H. Murray, of Cromwell, have accepted engagements from the Transpacific Company of Queensland, which holds a large dredging concession on the Rio d'Or, » tributary of the River Parana, in Brazil. The scene of the proposed operations is only about fifteen degrees fouth of the equator, and is over 3000 miles inland. Messrs M'Ginnis ftnd Murray left last week for South America.

The Matau dredge had no wash-up last week as part of the week was lost in shifting down to the bottom of her claim, near Muttontown. On Thursday the dredge got bottom, but the ground was deep. The present rise in the river will doubtless cause a tessation of dredging operations. The Alexandra Lead dredge has been shifted to the opposite side of the liver, and is now taking up a cut along the western side of the river, near the lower boundary of the Company's claim.

The Molyneux Hydraulic dredge is being dropped down to the lower end of the company's claim, and dredging ghould be in full swing within a day or two. i;The Golden Beach dredge is wording steadily, and i? gradually opening out a paddock. It will take some Kttle time, however, before a face is properly opened out.

DREDGING RETURNS.. 0 The following are the returns for the week ending Saturday, October *4th, 1903:

Total for 50 dredges 1162 9 21 Average per dredge 23 0 0

ozdwtgra Waimumu Qaeen, Gore 88 2 0 Manuherikia, Alexandra, 21hrs 56 18 0 Samsclengh No 2, Alexandra 129h 51 0 0 Bandv Point, Alexandra, 4G 10 0 abrasclengh No 1, Alexandra, 131h 40 17 12 Ifciterprise No I, Alexandra 39 18 9 Waimamu>ieaT Gore, 38 12 12 Waikaka Queen, Waikaka 31 3 0 Perseverance No. 1, Alexandra ... 30 3 0 Donstan Lead, Alexandra. 5dys 30 3 0 Happy Valley. Tnapeka. wk 29 10 0 Central Charlton, near Gore. 137hr 29 7 0 Waikaka United No 1, Waikaka 29 2 0 Upper Waipori, Waipori, wk ... 29 0 0 Golden Gate. Millers Flat, 3dys 28 5 0 Sneddon's Freehold, Waikaka, wk 28 0 0 JUie and Shine, Up'er Clutha .«, 27 7 0 Boyal Waimumu, near Gore 27 1 0 Smpire No I, Waipori 25 16 0 Olrig, Mansherikia, 123h 23 12 0 Inchdale, near Palmerston, 22 17 0 Waikaka United No 2, Waikaka 22 14 0 loch Valley, near Palmerston ... 21 14 0 Muddy Creek, Waikaia, wk 21 3 0 idand Block, Beaumont, 20 5 0 Waimumu Extended, Gore 20 0 0 Hessey's Waikaia 18 5 0 Oceanic Steam, Waipori 18 0 0 BisicgSnn, Cromwell, 17 17 0 Mystery Flat, Waikaia, . 17 16 0 New Fairdewn, Waikaia, 15 8 0 Tnapeka, Tnapeka Flat, 14 12 0 Infield, Waipori, 14 11 12 Hew Teviot, Roxburgh, 14 4 0 Cairn trdGlie, Poolbum, 127hrs ... 13-14 0 Success, Waipori 13f 4 0 Charlton Creek, near Gore 13 0 0 Waikaka Syndicate, Waikaka ... i2n 0 Gabriel, Toapeka Flat... 3 0 Waikaka, Waikaka, 131hrs ... 1& 0 0 Moa No 2, Alexandra, brokeh wk 12 0 0 Chicago, Alexandra, 113hrs ... 1115 0 Taniwha, Tnapeka River 11 14 0 Spec.GuUy, near Gore, 1] 10 0 Central Mataura, Mataura, 10 15 0 MacCharlton, near Gore, llOhrs 10 10 0 Reliance, Tnapeka Flat 10 1 0 Mgapara No 3, Nevis, *125hrs ... 7 4 0 Lower Enfield, Waipori, 4 0 0 Lawrence, Tuapeka Flat, 6dys 3 15 0