Success of Plane Transport

Bulolo’S Progress

THE erection of the pontoon of the No. 1 Bulolo dredge, on the New Guinea goldfields, is something over 50 per cent, completed, and the construction programme generally is well forward, reports the Sydney sec retary of Bulolo Gold Dredging Ltd.

Adverse meteorological conditions of recent months have caused some lag in the air-transportation schedule, but the better flying season of the year is now being entered upon, and there has been to date no delay in carrying out the construction work.

The general manager, writing from the field under date of September 4, has advised that it appears that it is entirely practical to handle the freight with the airplanes in sufficient quan tity to meet requirements, under fav orable weather conditions. Up to Sep tember 12, a total of 705 short tons had been transported from the coast by the large machines. All machinery and material for the No. 1 dredge is now in New Guinea.

Boxing, with native labour, for pro duction on a small scale, has com menced on the Bluenose base of the Arnold leases.

The Bulowat drilling has been proceeding steadily.

The reports and accounts presented at the annual meetings of both Bulolo and Placer held at Vancouver on Sep tember 24 will be in the hands of the Australian and New Zealand share holders during the first half of next month and subsequently printed reports of the proceedings at the meetings will be circulated to shareholders.