a—3.
In addition to the companies named in the foregoing table, the following were registered up to the 31st March, 1897 :— Company. • Capital. Company. Capital. Auckland— £ Auckland— continued. £ Auckland Exploration Company .. .. 5,000 Trojan .. .. .. .. .. 7,500 Anglo-New Zealand Mines Investment .. 100,000 Wealthy Mint .. .. .. .. 4,500 Alpine .. .. .. .. .. 3,600 w ~. t C t n 4.000 Wellington — '.'. '.'. '.'. .'.' Franco-New Zealand Gold-mining Syndicate Doris 6,000 (Limited) 10,000 Eaglehawk .. .. .. .. 8,000 Marlborough— Grosvenor United (Limited) .. .. 2,945 Wakamarina Gorge and Deep Creek GoldGreat Maratoto .. .. .. .. 2,000 j mining Company (Limited) .. .. 24,000 Golden Centre .. .. .. .. 5,000 Canterbury Hinemoa Hauraki .. .. .. 7,500 Alpha S.C. Syndicate (Limited) .. .. 5,000 Kennedy .. .. .. .. 6,000 Barrytown Plat Gold-mining Company .. 20,000 Komata Crown .. .. .. .. 4,000 „ King of Omahu .. .. .. .. 4,000 "tago— • . Lioness 1 000 Beaumont Local Co-operative Gold-minmg Mangakino ,'. '.'. '.'. '.'. Company (Limited) ■•..-■ B'ooo8 ' 000 Monte Carlo 5,000 D( L e P Stream Amalgo - hydraulic Sluicing Mount Taylor (Limited) 15,000 Company (Limited) ... .. 10,000 Mount Lyell .. 5,700! GoWen Grown Dredging (Limited) .. .. 3,500 National.. .. .. '.. .. 3 000 Golden Lead Gold-dredging .. .. 3,500 New Year s'oOO Lion Rook Gold-dredging Company (Limited) 4,000 q 2 3500 Matatapu Hydraulic Elevating and Sluicing Peninsula' Freehold !! '.'. '.'. 25,000 n Company (Limited) .. .. .. 805 Rachel 3,000°P^. r rani. an i Ind Gold-dredging Company Silas 4 500 (Limited) .. .. .. .. 3,000 Sceptre .. r>'ooo Rock and Pillar Gold-dredging .. .. 3,000 Salisbury' 5000 Taieri Gold-sluicing (Limited) .. .. 10,000 Thames Exploration Syndicate of London and Southland — New Zealand .. .. .. .. 25,200 Mataura River Steam Gold-dredging Company 5,000
WATEB-CONSEBVATION. During my visits to the Otago and West Coast districts the subject of water-conservation was brought forcibly under my notice, and the importance of the question can hardly be overestimated. An abundant supply of water is essentially the life of the mining industry in these districts, and, as will be seen by reference to detailed reports elsewhere, the lack of a permanent water-supply has been the cause of the yields of many of the mines not coming up to that high standard which would otherwise have been the ease. The supply, more especially in Otago, has during the past summer been very limited, and, this being the case, the fact of the Government having taken the necessary steps for an exhaustive examination into the matter, with a view of ascertaining the best method of storage and delivery of the water-supply of the colony, will be very favourably received by those interested in mining. The report of the officer appointed for this purpose will be anxiously awaited by the miners interested. Having in view the fact that the water of the colony is one of its richest natural assets, and with a view of precluding the possibility of such a valuable asset being acquired by monopolists whose aim will necessarily be to derive individual profit from what should be for the common benefit, a series of suggested conditions, to be inserted in licenses issued in respect to reservoirs in which the storage of any considerable quantity of water is proposed and water-races for the distribution of large quantities of water, was issued for the consideration of Wardens. The suggested conditions are as follows: — Special conditions to be inserted in licenses for dams of large areas, granted subject to the following reservations in favour of Her Majesty the Queen, her successors, licensees, and assigns, and the conditions following, that is to say : — Besebvations. Eeserving— (a.) The full and free right for all and sundry, Her Majesty's liege subjects, who may now or at any time or times hereafter do so, lawfully to fish and to boat over the site of the dam within described. (b.) All fish now or hereafter being or placed in, upon, or about the site of the said dam. (p.) The full and free right for all and sundry, Her Majesty's liege subjects, to use the site of the said dam, and any Crown lands immediately adjoining thereto, as a place of public recreation and resort. (d.) The full and free right to all the water of the watershed of the site of the said dam. (<?.) The full and free right of Her Majesty the Queen, her successors, licensees, and assigns, and to all present or future holders of miner's rights issued pursuant to the goldfields laws of the colony for the time being in force, to discharge water-tailings and mining debris into, along, and upon the watershed of the site of the said dam, and through such watershed on to the said site itself, without being liable to any actions, suit, or other proceeding, or to any claim for an injunction made at the instance of the grantee, his executors, administrators, and assigns. (/.) The right to grant to any person or persons, or body or bodies politic or corporate, being the holders of such miner's rights as aforesaid, who shall be prepared to increase the storage-capacity of the said dam, the right to do all things that may be necessary to increase such storage, as well as to divert such a quantity of water as
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