MINING.

Thames Guardian and Mining Record, Volume I, Issue 19, 28 October 1871, Page 3

MINING.

Golden Calf.—This company’s machine Avas started yesterday afternoon, in the presence of a large number of shareholders, and everything Avorked very smoothly and well. The engine is in firstrate order, as is also the boiler. At one side of the shaft an iron tank, which holds 108 gallons, is used, and at the other a long bucket Avhich carries 90 gallons. The manager reports that there was 101 feet of Avatcr in the shaft before the engine started. This is far more than Avas expected, but he expects to have it all cleaned out, and everything in readiness, to start AA'ork on Monday morning. Ho intends to continue sinking, in order to reach the oody of stone cut in the Central Italy Company’s ground Avhen they were driven out by the water. This he expects to do in 30 feet more sinking, and Avhen reached he will open out on it, and take pat stone to test the value of the lode, which, from the prospects obtained in the Central Italy ground, he expects will bo very good. The drive going in from the Moanataiari Greek is making very good progress, although the country is rather hard.

Siiotover Tribute. McGregor and party, the tvibuters of the.Shotovcr claim, crushed a small parcel of stuff yesterday at Spencer and Hall’s test battery. There was in all about 90 or 100 lbs. weight, which gave a return of 13ozs. 14dwts. To-day they will have clean up at the company’s machine, when the result of the whole of the stone crushed will be melted. A good payable return is expected. Long Tunnel, Kuranui Spur— The crushing of 11 tons of stone for this claim at Partington’s Battery gave a yield of 10 oz. 6dwt. Another lot of 5 tons was not payable. This yield from the first lot is considered satisfactory by the shareholders and they expect that when they get in at a lower level from the old Kuranui Spur Claim, the stone taken out will be much better than that now crushed. City of Dunedin. —The crushing for this company is now going on with 20 head at Russell’s Battery, is looking remarkably well. There is a first rate show on the plates, and a yield of an ounce and a half is confidently looked for. The battery manager intends to keep only 15 head going for the next week or so, as they cannot send down quite stuff enough for the 20 head. The reef in the mine continues to look very well, gold being frequently seen, which is a good sign in this reef, the precious metal being very difficult to find in this stone. Caledonian. —The pumps continue to work well, and the water is being quickly reduced. Last night, up to six o’clock, it was about six feet below the top of the chamber. At the beginning of the week work will be able to be carried on in the low levels, and it is to be sincerely trusted that no more accidents will interfere with the developement of the mine at this depth/ 7 i j . ■ Nonpareil. —A meeting of the directors was held at the company’s office last evening, when a dividend of four shillings per share was declared, leaving a balance in hand of LI ,150. The working expenses of the claim have been very heavy during the past month, but they have now in hand a twelvemonth’s supply of timber, an article of which they were very short up to the present. There will also be a large I outlay required to sink the shaft and open 1 up the mine at a lower level, and we • think that the directors have acted veiy | judiciously in keeping a good balance in i hand to work on. The meeting was j adjourned till 1 pm. to-day, when the general business of the month will be i settled.

The new act has just been printed to enable clergymen permanently incapacita e by illness to resign their benefices with p.ovision of pension." The pension in each case is not to exceed one-third part of the annual value of the benefice resigned.