MURRAY CREEK.

Inangahua Times, Volume V, Issue 43, 14 June 1878, Page 2

MURRAY CREEK.

(from oub mining Ritro'rnn.) NIL DESPISRANDUM". Wkonrsixay, Idth June, On Saturday evening last tho dirootors mot for tho purposo of rocoiving tendors for tho breaking down of tho wholo of tho stone from tlio present lovol, whon tho | tender of Mr Willis wns nocoptod at 17s 2d por ton. It is understood that for this sum tho contractors provide all timber nnd othor matovial nnd dolivor tho stono in tho machino paddook, It may ho calculated that with mining managor's wagos, and other incidental cxpensoa anothor two shillings por ton may bo added, and this, togetbor with ton shillings for orushing will bring tho ontiro east to about fcwonty-nino shillings pop ton, The wholo of tho stono takon from this leyol sinoo it was first opened has averaged a yield of half nn ooneo to tho ton. Prom. Iho quantity of stono now oxposod in tbo present workings it mny l bo estimated at suilicient to hoop ton head employed for at least nix or oight months at an nverago crush" i»U of threo hundred tons per month. Tho yiold as quoted abovo with tho ox pen ucn* stated will theuoforo show a vory reasonable margin of profit, and there is now every likelihood of somo romunonntion boing rocoivod' for tho past outlay..