WEST COAST NOTES.

Press, Volume LX, Issue 11503, 9 February 1903, Page 3

WEST COAST NOTES.

(SPECIAL TO "THE PRESS.") GKEYM.OUTH, February 8. The interest in dredging is again becoming active. Shares generally are hardening, and the presence pf several foreign investors seekling for nenv ground tends to eu improved tone. Beach load ciainis are in the most demand, and several options -have been taken. The Mosquito Company's dredge., working at the poor end of the lead, gvrt 720z for Bevdti days' work. The dredgemaeter expects quite as gocd a return tlhij week for Uhe ordinary ran. Th© Fcdpraon's Company's yield of 50oz is -for aibaut a month's opening up work. It will bo a fortnight beifore etraiighit out work can be 'accomplished. The Pacfto'lus Compnhy's >*o. 11. drecT*e get 460z lOdwt for 134 hours' work. The ground is rather rough.. Tho sunken dredge is being attended : to ,and they t.spect to got :her rigi*t by the end of the K-eelc. Sonio of the pontoon planking- is much shaken. The Prince of Wales Company get 430z 7 dwt for 123_ houTS , work. Tho ground is deepening with improving wurh. , Tho Kohinoor Coropanj-'s dredge was engaged repairing, end got n start on Saturday. The Xo?;h B:s-ch Company cb'.aincd 430z 2d-wt for 12s hotire' work. , Tho Commis?:;oner'e Flat Company get 2507. ldw>t for. 13-1 hours' work. The dredge is working well for such rou£,'h wnsh. The run of gold ia becoming more defined. The Canagiian'e Creek Company got 2?oz for 127 hour*' work. Tile, machine ~ ia juslc aboui clear of the silt, and is likely to improve this week.

The Lovixtivan Company get liioz 15dwi for the week. Mud,and pu<j was met with in plenty .and but iiKlc work ccniinues. The dredge miphft ocme on a rich partch any day. Tht, ground ie a complete puzz'e to experts. The Leviathan Freehold's dredge is getting ■about sufEoie&t gold to pay lihe tributora. The S'.oney and Jtfosqttito Leads Company's dredge is on a rich run ct present. The Greenstone Three llilo Company "ol 360z 2dwt. There ie a good dial of likely gr.'und ahead.

Tile Monteruma Company are pushine on wiiih the ir«chmory. The BUckweter Raver Company's dredge U snowing jyood wash, and good roVrna arc txpectecl. Fsir prospects aro being found ; [hrougihout ten foot of wash.