MINING NEWS.
The height of the river last evening was 4ft above the “ normal M mark, with a downward tendency. The return from the Molyneux Hydraulic last week showed a slight r improvement on the returns recently obtained, and indicates that the dredge is getting on to better wash. The dredge is working steadily. | Mr T. Seen, who has lately been dredgemaster of the Rise and Shine I No. 2 dredge left last week to fill a j similar position in West Africa. Previous to leaving Cromwell, Mr Keen was met by a number of friends and was made the recipient of a dressingcase and a case of pipes. The Moa dredge was stopped from Friday till midday on Tuesday, owing to the shifting of the top tumbler. The Undaunted Gold-mining Company (Matakanui) has declared a dividend of 6s per share. The Sandy Point Dredging Company has declared a dividend of Is per share. The Enterprise Dredging Company has declared a dividend (the 69th) of 2s per shore. The Sailors Bend dredge resumed work on Monday morning last, but finds the drift to be very heavy. The Bendigo dredge resumed work at midnight on Sunday. The Manuherikia, Moa’ and Alexandra Lead dredges are working steadily. There is some talk of forming a syndicate locally to exploit reefs that aae known to exist in the neighbourhood of Alexandra,
DREDGING 11ETURNS.
The following are the returns tor the week ending Saturday, July 18th, 1904:-
oa dwt grs Junction Electric No 1, Cromwell 92 16 0 Golden Bon, Millers Flat 85 4 0 Electric No 1, Cromwell 80 6 0 Cromwell No 1, Cromwell, 80 6 0 Roxburgh Jubilee, Roxb'rgh, 142b 77 19 0 Hartley and Riley, Cromwell ... 67 0 0 New Alpine Consols, Cromwell, 63 12 IS Sandy Point, Alexandra, 48 14 J - Golden Gate, Millers Flat, 44 11 0 Alpine No 2 Cromwell 44 8 0 Perseverance No. 1, Alexandra... 44 6 0 Rise and Shine, Up'er Clntha .«, 41 0 0 Ettrick, Roxburgh, 134hrs .., 41 0 0 Enterprise No 3, Alexandra ... 38 0 0 Muddy Creek, Waikaia, wk ... 37 0 0 Fourteen Mile Beach 35 7 0 Golden Bed, Miller's Flat, 34 3 0 Rising San, Upper Glutha 34 0 0 Central Charlton, near Gore, 34 0 0 Upper Waipori, Waipori. 33 8 0 Waikaka United No 1, Waikaka 26 6 0 Waikaka, Waikaka ... 22 9 0 Revival, Upper Clutha 22 8 0 Lady Roxburgh, Roxburgh 28 7 0 Golden Treasure, Miller's Flat,... 22 0 0 Waikaka Syndicate, Waikaka ... 22 0 0 Waikaka United No 2, Waikaka 21 10 0 Nugent Wood, Waikaia ... 21 8 0 Sbeddon's Freehold, Waikaka ... 21 0 0 First Caanee ... ... •0 It 0 Olrig.Manuherikia, 109hrs 19 14 16 Waikaka Queen, Waikaka 18 8 G Enterprise No I, Alexandra . ... 18 7 21 Matau, Clyde, ... ... 16 0 0 Rise and Shine No 2 Cromwell 18 1 0 Waimumu Queen 17 9 0 Molyneux Hydraulic, 17 5 0 Mystery Flat, Waikaia, 16 15 0 Molyneux Kohinoor, Roxburgh ' 6 5 0 Garden Gully, Waikaka '■C 0 0 Manuherikia, Alexandra, 15 0 0 Junction ElectricNo 2, Cromwell, -■! 16 a Junction Waikaka, Waikaka 34 G 0 Otago, Miller's Flat, , r )4 0 c Chicago, Alexandra, & 0 0 Gabriel, Tuapeka Flat. .3 0 y MacOharlton, near Gore, « 10 0 Happy Valley, Tuapeka. wk 12 If 0 New Golden Beach, Alexandra M 4 o Unity, Clyde... a o 0 Inchdale, near Palmerston, Total ... ... i 3 0 1S» 6 22
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Alexandra Herald and Central Otago Gazette, Issue 428, 21 July 1904, Page 6
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574MINING NEWS. Alexandra Herald and Central Otago Gazette, Issue 428, 21 July 1904, Page 6
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