82..
THE HONGKONG WEEKLY PRESS AND
Captain BURNIE proposed the re-olection of with iron pyrites I consider our prospects Mr. F. Henderson as auditor.
Dr. NOBLE seconded. Carried
The CHAIRMAN-That concludes the busi- ness of the meeting, gentlemen. I am very much obliged to you for your attendance.
have-improved here very much during the month. North Shaft.-This has been connected with the crosscut at the 200 feet level and the necessary timbers put in. The plat has been ent and all water taken up and led to the pump in the August Shaft Sinking below the 200 feet level has been resumed and 7 feet sunk. Horo, The following is the report of the directors: too, the flood water has retarded progress during The directors herewith present to the share-the last six days, but I hope to see work resumed holders a statement of the Company's accounts on the 2nd proximo. for the year ended 31st July, 1897.
*
•
The profit for the year, after writing off $3,061.20 for depreciation aud $825 for directors' and auditors' fees, is $3,972.07, which it is pro- posed, in view of past experience, to carry for- ward.
The herd of cattle, which has been largely -Increased since the 31st July last, is now in
excellent health and condition.
DIRECTORS.
Mr. Granville Sharp and Capt. Tillett retire by rotation and being eligible offer themselves for re-election.
}
AUDITOR.
The annexed accounts have been audited by Mr. F. Henderson, who offers himself for elec- tion for the current year.-
ALEXANDER TILLETT, Acting Chairman, Hongkong, 24th January, 1898.
BALANCE SHEET, 31ST JULY, 1897.
To capital, 10,000 shares at $7 50 each.............
Less not called up $2.50 per share..
To deposit account.
To secounts payable
To profit and loss
By cattle
Less written off
1.822,061 20
3,061.20
By property farm lot: 18, 19, 25 and 32
By buildings
By town depot
By stores
By furniture
By cash in band
By cash in bank
5
By accounts receivable.
By fodder on hand
244.07 2.369.05
PROFIT AND Loss AccoUNT.
To written off cattle...
To bad debts
To directors' and auditors' fee
To balance...
By balance of working account ...............
$
C.
50,000.00
· 36.00 3,182.59
$57,170.66
C.
Drivage. The total drivage for the month is 69 feet. No ore has been mined,
Milling. This was carried on during 30 days crushing 2,400 tons of headings yielding 242. ozs. 3.0 grs. of melted gold. This is a sub. stantial improvement as compared with November and as we have now got on to what appears to be a better class of headings I look forward to getting a still better return for January. I may tell you that I estimate the quantity of headings in stock as fully 40,000 tong all of which I think can be milled at a pro- fit now that we have the water wheel at work.
Berdans. These ran full time on concen- trates, treating 25 tons for a yield of 45 ounces of milled gold.
Cyanide Works.-These works ran 26 days treating 756 tons of old tailings yielding 275 ounces of bullion valued at 19/01 per oz. Two days were lost here owing to a landslip in the water race which prevented the water coming home to the water wheel.
General. Our usual attention has been given 75,000.00 to all work coming under this head and up to 25,000.00 the 25th inst. (the commencement of the floods) everything was kept in good order. For four days after this we had a very anxious time, however, as the rain began to fall in torrents 3,972.07 and the water courses to rise. By the evening of the 27th it looked as if nothing could save our main dam, for in addition to the water flowing through the byewashes there was a valume fully 4 ft. deep and 140 ft. wide going over the retaining wall. It was impossible to approach it so we could only stand by and 12,000.00 wait results.
Fortunately the dam stood the 10,000.00
strain and with but little damage. Heavy 9,000.00 1,159.86 landslips took place in various places 240.00 along the main water-race to the mill but with a strong gang of men at work these were 2,613.12 cleared and the dam repaired by the morning of 29th, when crushing was resumed. No such 2,907.68 flood has ever been experienced here before, the
$ 19,000.00
250.00
$57,170.66
$
C.
55.54 825.00
|
[February 2, 1898
about 7 miles from the distributing station at the mines.
The installation will be on what is known as the Two Phase system, this being considered by experts the one most suited to the Company's requirements, on account of simplicity of con- struction, and the ease with which repairs can be effected, should any be necessary, a very desirable condition where the plant is so far removed from any spot where electrical work- manship can be readily obtained, as will be the case at Raub.-
The motive power will be transmitted to the generators by Pelton wheels, three of which will be erected, each to give 225 horse power, and to be capable of driving the alternator, to which it will be connected, to its full power, at a speed of 400 revolutions per minute under head of water of 290 feet.
The generating plant is to be divided into three units, viz., three Pelton wheels, each of which will be directly coupled to an alternator, and any two of these units working together will be sufficient to furnish the full power the plant is guaranteed to deliver to the motors at the distributing station, viz., 300 horse power; thus should any accident happen. to one of the generating units, the other two will be capable of doing full work, and each unit can be stopped periodically for cleaning and over- hauling, without at all interfering with the delivery of power.
Power will be generated by the alternators at a pressure 5,000 volts and will be transmitted by two phase alternating currents, through overhead conductors, to the motors at the dis- tributing station, where by suitable transformers (seven in number, six of which are to be suf- ficient to supply the whole of the power, the seventh being reserved as a spare one) it will be reduced to a pressure of 220 volts.
Eight motors will be supplied; viz. :-
2 of 100 H.P* cach 200 H.P. 2 of 25 H.P. each 50 H.P. 2 of 15 H.P. each 30 H.P. 2 of 10 H.P. each 20 H.P.
+
Total:........... 300 H.P.
thirty 16-candle power lamps and at the distri
At the generating station end of the line.
power lamps will be provided for lighting pur- buting station end of line seventy 16-candle ··
poses.
water in the Jelai and Lepis rivers rising 7 ft.and distributing station, &c.
A telephone line will connect the generating above the flood level of any previous year," "Our damage will not exceed $250.
Labour-The supply of Chinese miners has 3,061.20 fallen off very much and is now barely sufficient to meet over requirements, owing no doubt to the demand for labour on the New Government 3,972 07 railways and roads here and in Selangor. $7,913.81
$7,913.81
THE PUNJOM MINING CO., LIMITED.
The Secretary of the Punjom Mining Co., Limited, advises us that he has received the following progress report on the operations carried on at the Company's mine for the month onding 31st December, 1897 :-
Health. The health of the camp cannot be said to have been good, fever and dysentery being prevalent. It is better now, however.
Rainfall. The total rainfall for the month is 23 inches.
THE RAÛB MINES.
mining developments at Ranb, the memorandum has been communicated to the press for public information. It is given below:
THE NEW ELECTRIC POWER INSTALLATION. There has been drawn up for the information. of the shareholders in the Raub Australian Gold Mining Company a memorandum explain- August Shaft 300 feet Level-Fair progressing the scope and detailed construction of the has been made in driving the cross cut here, new electric power installation about to be laid 51 feet having been driven for the month, down on the Raub concession. As the general making its total length from Shaft 151 feet.public are also interested in the matter of Better progress than this eren would have been made but for the heavy floods experienced during the last, six days, which threw a good deal of water into the mine and so prevented the men from working. No actual damage has been done down in the mine and I hope to 8a0.
the water all out in another five or six days. The ground continues good for driving and will undoubtedly carry us up to the reef Judging by the depth of the reef where seen in the upper part of the nine we should be near if not quite up to it by the end of the coming month.
200 feet Level.-Very little progress has been made in extending the north drive on the course of the western chute of ore owing to the hard nature of the reef and the class of workmen employed being far from good. Gold has been seen in the ore and as it is pretty heavily charged
*
The Raub Australian Gold Mining Co., Limited, has recently announced a call of 1/- per share, payable on 7th February, 1898, and as this is principally to provide funds in relation to the provision of a new battery of 40 head of stampers, and an installation for electricity as the motive power for all work at Raub, share- holders will be interested to know what has recently been arranged as to these matters.
The D rectors have settled and excuted a contract with Messrs. Johnson and Phillips of London for the supply and erection of the electric power machinery and hydraulic plant required for the installation.
The generating station will be situated on the bank of the Simpam River, a distance of
The whole of the plant is to be ready for shipment from London by the end of May,
1898.
The installation is to be erected under a guarantee of efficiency from Messrs. Johnson' and Phillips, and it will be practically a dup- licate of the installation they carried out at the well. known Sheba Mine in South Africa. That installation has given complete satisfac- pages aggregating only four days, made up of tion; the plant ran for a whole year, with stop-
a quarter of an hour here, and twenty minutes there, to take up a belt, adjust a rope, examine a bearing, or give such little attention as are always required from time to time by running machinery.
The new battery, which has already been ordered, and shipment of which may be made from Melbourne during the month, as the con- tract was for delivery in December, 1897, con- ists of 40 heads of stampers, divided into 8 boxes of 5 heads each, complete with ripple tables Berdan pans, &c., and also with rock breakers
This machinery is being supplied by Messrs. Thompson & Son, of Castlemaine, Victoria, Australia, the makers of the battery now in use. at Raub, which has worked continuously, with- out a single breakdown, and with the utmost satisfaction, for the past 7 years, an ample guarantee for the efficiency of any plant sup- plied by this firm.
All preparatory work, such as clearing a track for the electric cables from the mines at Raub to the power station, making all necessary foundations at power station, and generally get- ting everything forward and in readiness for the reception of all this plant and machinery, is being pushed on at Raub, and good progres has already been made..
"As regards the acquisition of rights over water power to be drawn from the Simpam River for generating electric power, the Raub Australian