The Electric Gold Dredging Company was even more successful than Hartley and Reilly. In the week of 7 July 1900 its Kawarau River dredge, LadyRanfurly, won 1,234 ounces of gold. Here the dredgemaster, several dredgemen, the manager and ledger-keeper of the Cromwell Bank of New Zealand and a shareholder, Mrs G. H. Stephenson, look at the week’s haul.
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Reference: David Grant, Bulls, bears and elephants: a history of the New Zealand Stock Exchange, Wellington: Victoria University Press, 1997, p. 71.
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