DREDGING RETURNS.

Gisborne Times, Volume V, Issue 122, 3 June 1901, Page 1

DREDGING RETURNS.

ANOTHER COMPANY IN LIQUIDATION..

(Py Telegraph—Press Association.) Greymouth, last night. The following are the returns : —New River, 18oz 2dwt for four days.. The late spell of broken weather seems to bo clearing.: Pactolus. 260 z 9 weeks, Buffer Junction 18Ioz 91 hours, Ford’s Creek 9oz 6dwt 81 hours, Grey River 260 z Bdwt 127 hours, AVaipuna 4oz lOdwt 70 hours, Leviathan 19oz 12dwt 204 hours, Maori Queen 19oz 120. hours. ’, Dunedin, last night. The dredging returns are :—Junction Electric 61oz 9dwt.- Golden Bed 340 z 13 dwt, Enterprise 11. 30oz 17dwt, Electric 30oz, Perseverance 28oz, Success 246 z Bdwt, Hartley and Riley 230 z 12dwt, Inch Valley 20oz 2dwt, Nevis 17oz Bdwt, AA r aimumu 17oz 3dwt, Eureka 17oz, Golden Gate 16oz lOdwt, Charlton Creek 16oz, Ngapara 111. 15oz 2dwt, Tuapeka 15oz ldwt, Molyneux Hydraulic 14oz 1 dwt, Olrig 13oz ldwt, Golden Treasure 12oz 15dwt, Globe I2oz 6dwt 20grs, Otago 12oz, Magnetic lloz, Spec Gully lOoz 7 dwt, White Star Boz lGdwt, Lady Charlton Boz lOdwt, Golden Link 7oz lldwt 6 grs, Bald Hill Flat 7oz, Central Charlton 6oz 12dwt, Paul’s Beach 6oz 18dwt logrs, Gabriel’s 6oz 15dwt llgrs, Central Mataura 6oz 4dwt 12grs, Blue Duck 6oz, Bannockburn Creek 6oz. The returns are much below the avorage, the high rivers having prevented the Molyneux and Kawaru dredges from working more than two or three days. Tho Molyneux is still 9ft 9in above the normal level. At a meeting of shareholders of the Manor Bum Lead Dredging Co. it was resolved to go into' voluntary liquidation. A vote of thanks was passed to Mr Gards, who intimated that he would mako no claim on tho assets for paid up shares.