MINING NEWS.

Alexandra Herald and Central Otago Gazette, Issue 455, 19 January 1905, Page 5

MINING NEWS.

In consequence of heavy rain at the lakes, the river rose rapidly on Tuesday, <mi lass evening the height at * the MemTyfrm bridge was 10|ft. Messrs link and party hive parchased the Coronation Co's dredge, on tiie MaariierikMi and are at present engaged in getting lier in readiness to start dredging. An addition of 12ft is to be pat into the ladder, and other necessary repairs effected. Operations wiQ probably be resumed in about a fortnight, when we hope the enterprising party will be amply rewarded. The Chicago Co's dredge (late Biver Molyneux) is at present being taken np Stream to the company's chum under "the charge of Captain Kennedy. When she resumes work ou her new claim, the lucky shareholders should be well compensated. We would remind our readers of the important sale of dredging material, etc., which takes place at Kawaxau Gorge on Wednesday next. Messrs Park Beynolds and Co, will conduct the sab,. The Sandy Point ia working very steadily since the holidays, and washed opt last week for the satisfactory return of 590z. _ The Golden Beach lost a little time last week, and the manager expects that this week's return will be better than last. Tb» Crewe Coy., have started to shift their Ho 2 dredge, at the Upper Nevis, up the river a short distance to where-good gold is known to exist. MrE. Eaton has been appointed dredgemaster of the King No 2, at We draw attention to the advt of Mr W S Laidlaw, in this issue. Messrs MKJregor and Co;, advertise in thia issue for Winchmen and a Driver for Argentina \ The Moa is still working a narrow cut up the west side a few chains below the bridge. We understand it |e the dredgemaster's intention, as aoon as he has fi"«h«ifl the present cut, to drop down and try the point below the junction of the two rivers. - The Alexandra Lead has a good face opened oat, and is working her way ~ntn the bank. She has had several stoppages these past Wo days in consequence of the CJcricago dredge passing ' The Enterprise No 2is stall under* going a thorough overhaul, and it will be some time before she resumes i dredging, The ladder, which is on - the beach, is being newly stayed. The i-.JM >m working and getting payable ..Returns. The Molyneux Hydraulic dredge is working steadily. Last week's return was looas ISdwt 6gra- The place where the dredge is working at present is about right opposite Dry Gully, and the band is very high,

e - f CROMWELL. * 3 unction Electric No 2 has started tliedgiag again after an extensive overhaul. Electric Ho 1 is still repairing. Ho a is working steadily. The Halfway House is steady wending her way up her new £ 2m where she is exported to arrive On the Clutha, all the dredges are working except Shine 1, which is re* pairing* * "lie'. Bpit is expected to make a start in few days. CHICAGO %D. CO., LTD. _S_ ' The annual general meeting of sharehpttoat w the above company was held in the secretary's office, Alexandra, on Thursday, 12th January, 1905, Mr J. M. Fenny taking the chair, in the absence of the chairman of directors. The report and balance-sheet were adopted, on the motion of the Chair* man, seconded by Mr C. Murphy. . Mr Grixnstoue moved, Mr Murphy * seconded—That the retiring directors, Messrs. Fouhy and Spencer, be rejgejipE- jsnj the total remuneration be the same as last year, viz., £so. Canned. ' Mr II B. Grimstone was appointed auditor at a foe of £5 ss. _.. Various questions regarding- the porchaee of the new dredge were pot and answered, and the meeting terminated with the usual courtesies to the chair. > DREDGING RETURNS. » * oz dwt gj Sandy Point, Alexandra 1 .7, ® J ( Moljnevx Kobinoor Boxbdrgh *> « ) CtoWMiTrea«ire,Hißsr*«¥l«y,... %? » J Wainrama Queen, Gore - .... 41 " > Central Chariton, near GoreX. 39 IS C Taniwta, Tuapeka Btver \ ... 39 2 t WaDaka Syndicate. Waikaka..l 38 0 ( Royal Wajmnmn, near Gore* ...". 37 1* < ffaiaaia, Waikaia ... "*«-37 0 C Mysttty Flat, Waikaia .- 3? 0 C Waijraka, Waikaka ... ... 351T C BBrirk Son, Upper CSutha ... 35*15 ( Garden Qui It ... 33. 4 ( RLsekad Shine No 2* Cromwell 35 J 6 C Murtdr Creek, Waikaia ... 31 2 ( Waikaka Qaeeo, Waikaka ... 28 3 C Enterprise No 1, Alexandra ... 26 0* £ .„ Olrig. Manuaerikia ... 23 17 (J * Bbcp«n'a Freehold. Waikaka... 23 10 0 : .- 23 9 0 Miliars Flat... ... 23 8 C Behind, Cromwell .. ... 22 13 12 Waimumn, near Gore 22 12 C Golden Beach, Alexandra, 22 1 0 Hie'* Roxburgh Jubilee ... 21 222 CljdN 20 0 C hAMi ._, 19 2 C Nugent Wood, Waikaia ... 19 2 0 Widiaka United No I, Waikaka 18 10 C Gsfiriei, Xuapeska Flat . ... 18 0 C Milyneax Hydj-anlic, Alexandra 16 15 C k,WaMa 14 18 ( JoKtionWaSuSkMVaikaka ... 14 11 I MAta. Clyde '" m. ... ... 13 10 ( J octkjn Ekctrictt.2, Cromwell 10 2 ( G4d&D Gate, HSEEafc Flat ... 816 <