UNKNOWN

Alexandra Herald and Central Otago Gazette, Issue 401, 14 January 1904, Page 5

UNKNOWN

.tiohs, and fiws outcoma of the. new % venture is beidg; looked ''forward' to. *. With a considerable degree of interest. .• ,« A prieetweofopany is being formed , to work the old HO Desperanduna ckiac K satisfactory arrangementa can be made for a supply of wata, it tt proposed to put the old Nfl dredge b into limihiMiili and work the macfaine by (yßrien-e patent. S > \Mr A. Magnus bee been appointed manager of the Gold Xing No.I

dredge, which is ow owned by Mr The il«xmßdi* I«d draige » kept at work etradily, sad it itSf eantina--3? iDff en hj« enfc upward slang the •astern beak. It is intended, within. - the next fortirigfat, to erect the Esck end Payne patent elevator whicjh||fce - Company recently purchased. Ww this is in poation, the work of dredging the benk portion of the claim will beoonddereblyfecißteted. , The Moont (Qoeeneknd) mine has up to date p-ud totbe Queens > fend Government about £tf?O,QOO is dividend duty an» royalties. . The dividends paid in Cbsrterf Towers : 'is . Denmber '. smoqnr to £68,700- The total divideode for the ye r were £451 ;812, an increase of £4OOO compared with the previow year, and a record for the field.

oris far the year wen £124,000, which was £15,000 more then in the previous twelve months. The Kalgoorie "Western Argot" gives a comprehensive statement of the progress nude by the mining industry in Western Australia daring the p «st year. As it contends, the progress made by the State as a mhvng com* inanity is remarkable, for in 1886 the total output of gold was only of the value of £ll4B, whereas for e even months of 1903 it reached the magnificent total of £8043,256 At thp same time it must be recognised that the backbone of the industry is the wonderful "Golden Mile'' at Kalgoorfie. The Perseverance No 1 dredge last week obtained the very satisfactory return of Wop 13dwt I4gr for the week's waew and iikept steadily at work. TheNo 2dredge » also work* ing steadily.

DREDGING RETURNS. . The following are the returns for week ending Saturday, January

Total for 37 dredges *63 I 16 Average per dredge 28 0 0

gtatfordWaißMa,W«rt(:oaat,aßh 16 0 0

7 9th, 1903:— OBdsrtffrr Boxbnrgb Jubilee, BoiVrRh. 93h 56 12 6 Goldim Bed. Mfllert Flat, 6dy«.. 55 13 0 ftanwranoe No. 1. Alexandra ... 51 13 14 ■Tallin UwEh No 2, Alexandra 84h 47 I 21 Golden Bon. Millers Flat 42 0 0 Katerprite Ho I, Alexandra ... 89 8 9 Oentral Matanra, Matanra, ... 30 IS 0 ' Perseverance Ha 2, Alexandra... 29 13 14 Ottgo, Miller** Flat, Idys j. 29 0 0 Waikaka United No 1, Waikaka 28 17 0 Waimnma Extended, Gore 22 10 0 IaniidengbNol.Alexandra,I21b22 0 0| Upper Waipori, Waipori. wk ... Alexandra Lead. Alexandra. ... SI 0 0 20 12 0 Enterprise No 2, Alexandra ... 19 19 5 bland Block. Beaumont, ... 19 5 0 Waikaka United Ho 2, Waikaka 18 18 0 Inch Valley, near Palmentoo ... 18 16 0 Xoa No 2, Alexandra,... IS 0 e Waikaka Queen, Waikaka 18 0 0 Waimnma, near Gore. 17 18 0 Infield, Waipori. 17 14 0 17 IS o f; : > ■xwLMJ Boyal Waimnma. near Gore 16 18 0 Golden G*te. Miller* Flat, 6dys 16 12 0 Briianca. Tnapeka Flat 15 12 0 Olrlg.Manoberikia, Son If 11 0 Waikaka Syndicate, Waikaka ... 15 0 0 bobdalewnoar PalsMntuo. 13 7 0 HacChariton, near Gore, 98hra 12 IS 0 Spec Gully, nr Matanra 12 8 0 Tnapeka, Tnapeka Flat, 12 3 0 Biat and8hine. Ur/er (Botha .„ 12 0 0 Hgapara Ho 3. Nevis, lUOnrs ... 11 9 O r MolynoBX HydranHc Alexandra 10 5 0 ffc ■■ ■■"■•w- HifedBSF*' 9 10 0 -Sy Lawrence, Tnapeka Flat, 6dys 9 9 0