134

THE HONGKONG WEEKLY PRESS AND

drive has eased off very much. The total dis- tance of this orosscut from the shaft is now 262 feet.

North Drive on lode termination.-There is no change whatever in this drive, the 4. feet of stone, still continues in the face, but does not carry any gold. The total distance this drive is now in is 194 feet.

Bukit Koman.-No. 1 Level North. This lode will average fully 8 feet thick of good solid quartz, which carries very fair gold in the face, the best gold I have seen in this part of the mine for many months. In the leaders on the west side of the lodė, I have also seen very good gold. We are now able to work these to advantage, as we have sunk an air shaft-No. 3 Sonth. This shaft holed through to the top stopes on leader formation at a depth of 66 feet, and has greatly improved the ventilation in this part of the mine. In sinking this air shaft, we cut some leaders over 18 in. thick in which very nice gold could be seen; the prospects in this part of the mine have, if anything, improved since the last report. This drive is now in a total distance from the main crosscut of 478 feet.

In the South Level, the prospects are not nearly as good as they were, the quartz on the foot-wall having entirely cut out, and, with the exception of a quartz leader occasionally, there is no quartz in the face whatever. In the face of the drive the water has eased off. I take this as an indication that we are getting into another run of country. This drive is now in a total distance from the main crosscut of 644 feet. I will continue it a few feet further, and then crossout to the east to try and pick up the ore again.

In the Leading Stope over the back of this drive and about 60ft. from the face, we are taking it out about 12in. wide. It is very mallocky, nearly all the solid quartz having cut out. There are several quartz leaders carrying very good gold all through the face of the stope. We have to take it out this. width,

so as to work these leaders.

In the 2nd Stope coming south from the No. 2 Air Shaft, there is no change to report. The The stone is about 12ft. wide, and continues to carry very nice gold.

Winze No. 1 South to connect Nos. 1 and 2 levels is now down a total depth of 63ft., and carries fair gold, the whole of it is being sent to the mill for cushing.

No. 3 South Air Shaft-This air-shaft is being sunk 200ft. south from the No. 2 south air shaft, to ventilate and get timber and mullock into the stopes. It is down over 70ft., and is now in nice solid quartz, which carries fair gold. I don't know the size of the lode; it is the full width of the shaft 6ft. by 3ft. and not through it.

No. 2 Level. The lode in the south drive is about 11 ft. thick, and carries very nice gold, especially on the east side, in which gold-can be plainly seen in breaking the stone. The total distance of this drive from the main crosscnt is now 166 ft.

North Drive. The lode in this face is about 10 ft. wide of nice solid quartz, carrying fair gold, and is now in a total distance from the main orossent of 125 ft.

Bukit Jellis Besar.-Since the last report we have driven a further distance south of 34 ft. on the lode, making a total distance of 64 ft. Houth: from the West orossout, carrying very good gold all the way. Before leaving, Mr. Bibby located a site for a permanent engine shaft to work the lode at a depth, the present shaft being only a prospecting one. We have cleared the site, fixed the collar, and have sunk and timbered the shaft to à depth of over 18 ft. This shaft is 14 ft. by 5 ft. clear of timber, and is being timbered with 8 in. by 4 in. Senah timber. We are also driving an adit a few foot above the level of the swamp to carry off the mine water from the pumps, and, by doing so, save about 50 ft. of pumping.

Bukit Hitam. This prospecting shaft is now sunk and timbered to a depth of 59 ft. At this depth the water proved too strong for manual labour, and we had to stop it for the present. As soon as I can spare a pump, I will resume sinking here, as I think this place warrants a good trial.

Western Lode. At the date of the last re- port, we had commenced cross-cutting East and

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West to try and pick up a payable ore shoot. The East cross-cut was driven 20 ft. and the West cross-cut 224 ft., but nothing payable was ont. We have stopped this for the present. Battery. This has been kept going steadily during the past month. On Monday, the 5th inst., a general clean-up of the battery took place for the 9 weeks ending on the above date, when 2,438 tons of quartz yielded 2,119 oz. 15 dwts.. 0 grs. smelted gold, being an average of 17 dwts. 94 grs. per ton of ore crushed. The fol- lowing are the particulars of the ore crushed:-

Bükit Koman

2,276 tons Raub Hole

Total...

162

2,438

*

Battery resumed crushing at 10 p.m. the same evening, and has continued steadily since.

General. The health of the camp, I regret to say, has not improved, at present. Mr. Bib- by and three of the European staff are on sick leave.

GILBERT B. WHYT, Acting Mining Manager.

THE QUEEN AND EUREKA MINES.

Messrs. John D. Humphreys & Son, General Managers of Olivers Freehold Mines, Limited, inform us that they have received the following telegram from Australia :--

A crushing of 150 tons of quartz from 'Eureka' has yielded an ounce to the ton. Developments promise well.”

The following letters were received by the Whampoa :

OLIVERS FREEHOLD MINES, LIMITED.

Mount Macdonald,

15th July, 1897. Eureka-Good progressive work is being done at this mine, the main drives north at the 150 and 200 feet levels are being pushed ahead as speedily as possible, and also the main drive south at the 200 feet level. Stoping is being carried on at the back of both levels. This latter work can be carried on more extensively as soon as the new battery is erected, when we hope to treat at least double the quantity now being treated by the old, inefficient battery. The drive north at the 200 feet level has been extended a total of 114 feet with lode in the end 10 feet wide and showing gold. The south drive is now 63 feet, and the reef 5 feet wide. This makes a total of 177 feet on the course of the reef, the whole of which will with the bat. At the 150 tery about to be erected pay well. feet level the north drive Las been extended to 63 feet and for some distance the reef in this drive has been small, but has widened out to 18 inches and is still improving in size, showing gold. Stoping is being carried on above this level opposite the main shaft and north of the rise. The reef here is small but of fair quality, Good progress is being made with air and mullock shaft mentioned in last reports. The work is somewhat difficult owing to the close proximity of the old surface workings, However, we hope to soon get below the old workings and into solid ground, when the work will be not only less difficult but much safer.

Main Shaft-All things considered good being made with the sinking of this progress shaft; total below 200ft. level is now 30 feet with very nice looking country coming in from the east side; and we have every confidence that the reef will be cut in from 10 to 12 feet from present depth. We have also two men sinking prospecting shaft on G. L. 35 and good progress is being made.

p. pro. JOHN D. HUMPHREYS & SON.

C. J. WILLMOÈT.

NEW BALMORAL GOLD MINING CO., LIMITED.

Mount Macdonald 15th July, 1897. Queen Mine. Since last report work is still being confined to sinking the main shaft, and the contractors are making good progress with the work. On the completion of their contract for 100 feet, 68 feet of which has now been sunk, the shaft will be 311 feet from the-sur- face; after which it will be necessary to start the winding engine, which has been removed to a proper position and re-erected as per previous report. Until the shaft is nearer completion

August 12, 1897.

by contractors, we cannot advise as to whether it will be better to continue sinking or start to drive. The tributors at the Balmoral Mine are going on well with their work, but at pre- sent have nothing to report.

p. pro. JOHN D. HUMPHREYS & SON

C. J. WILLMOTT.

SHANGHAI ENGINEERING, SHIP- BUILDING, AND DOCK CO., LD:

The following is the report of the Board of Directors for presentation at the second or- dinary general meeting to be held at the Offices of Messrs. Dodwell, Carlill & Co., Shang. bai, on Monday, 16th August :-

The Directors have pleasure in submitting herewith a statement of accounts for the eight months ended April 30th, 1897, and considering the many disadvantages under which the Com- pany has been working, the shareholders are, in their opinion, to be congratulated upon the results achieved. The balance of profit and loss account (Tls. 14,916.64) they propose to carry forward to new account.

New Dock. The construction of this, despite hindrances caused by continued wet weather during the early part of the year, has been rapidly pushed forward, and excavation has now been carried to a depth of twenty-four feet. No serious difficulties have presented them. selves, and, with the exception of the recent slight break in the coffer dam, no accidents have occurred.

Buildings are now nearing completion, and it is expected that the machine shops will be ready for the new plant on its arrival in the course of the next few months.

Land. The Directors have been able to

pur- chase a valuable property comprising mow 125,81.3, which includes over 2,000 feet of river frontage. The title deeds are now all in the name of the Company A wall, ten feet high, has been erected round that part of the property on which the Works are to be situated..

Plant and Stock have been carefully valued, and the Directors have not deemed it necessary to write off anything for depreciation.

Directors. In accordance with the Articles of Association, Mr. Otto Meuser retires, but, being eligible, offers himself for re-election.

Auditors. The accounts have been audited by Messrs. Wilmer Harris and Rufus F. East- lack, but owing to the unfortunate illness of the former, he is unable to append his signature. They retire, but offer themselves for re-election.

PROFIT AND Loss AccoUNT, 30th April, 1897. Dr. To directors' and auditors' fees To preliminary expenses To balance.

Cr..

Fla.

2,300.00

2,499.65

14,916,64

Tls. 19,716.29

Tis.

783.05

By interest on current account and investment By interest accrued on fixed deposits, etc.. By net earnings for 9 months to date By transfer fees...

2,820,00 16,097.74 15,50

Tls. 19,716.29

BALANCE SHEET, 30TH APRIL, 1897. Property account:-

ASSETS.

Tls.

Land at Pootung

81,562.40

Buildings at Pootang,, payments on account Dock at Pootung, payments on account Buildings at engine works

19,624.68

€16,383.89

4,500.00

Plant account:-

Machinery and gear at engine works and

Pootung

84,025.72

Stock account:--

Value of materials at engine works and

Pootung

31,330.62-

"Timber account

1,600.00

Balance in hand and current account

93,335.95

Investment account :-

*10 shares Union Insurance Society of Can-

.ton, Limited. Fixed deposit account:-

1,840.08

With Hongkong and Shanghai Bank -With Chartered Bank of I. A. & C.

75,000.00

25,000.00

72,339.24-

265.13

2,820.00

Cash account:--

Sundry debtors:

Accounts in course of collection Suspense account Interest account:----

Accrued interest

509,517.71

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