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MANGANESE DEPOSITS OF INDIA : ECONOMICS. [ParT III : 
miles had been completed in September 1907. The chief deposits held 
by this company are those near Kumsi, Shankargudda, and Bikonhalli. 
The next company to be formed was ' The Peninsular Minerals 
Company of Mysore, Limited ', which was regis- 
The Peninsular Minerals , J % -, X , , mnc -^i, • i 
Company of Mysore. Limit- tered on drd September 1905, w)th a nomma' 
ed (Tumkur and Chital- capital of Rs. 3,00,000, of which 250 shares 
of Rs.lOO each were issued to vendors, whilst 
2,000 shares of Rs. 100 each have been subscribed for, with Rs. 50 pei 
share called up. This syndicate took over 15 prospecting licenses held by 
different individuals in the Tumkur and Chitaldrug districts. The chief 
deposits are round Karekurchi and Hoshalli in the Tumkur district, 
and reached from Banasandra Station, Southern Mahratta Railway ; 
and at Kenkere, Kittadhalli, and Madadkere, in the Chitaldrug district. 
This company produced 4,126 tons of ore during 1906. 
Another company called ' The Shimoga Manganese Company, Limit- 
ed ', with a nominal capital of Rs. 10.00,000) 
Miss A. E. Dawson and j j • i nnT j. i • j -j. 
the Shimoga Manganese was lormed durmg 1907 to work various deposits 
Company, ^Limited. ( Shi- secured by Miss A. E. Dawson of Bangalore, 
moga and a ur.) deposits are situated round Shikarpur and 
Hoshalli in the Shimoga district, and in the Kadur district, just over the 
border of the Shimoga district to the east of Shiddarhalli. During the 
first half of 1907 some 4,000 tons of ore have been shipped by this com- 
pany. The agents are Messrs. Schroder, Smidt & Co. of Calcutta. 
The success of the Mysore Manganese Company lead to a regular 
rush for manganese concessions in Mysore and 
Other coacesfeionaires. ^ result enormous areas have been staked 
out by numerous prospectors, especially in the districts of Chitaldrug, 
Kadur, Shimoga, and Tumkur. A large number of these concessions 
doubtless contain no manganese-ore, and of those that do a large number 
must be of practically no value. Of those concessions known to contain 
manganese-ore may be mentioned Sadarhalliin the Chitaldrug district, 
held by Mr. W. W. Coen of Hubli ; Gangur and Kaginelli in the Shimoga 
district, and the Iplara and Nirugudda Hills in the Chitaldrug district, 
held by Mr. C. N. Surya Narayana Row of Bangalore ; and Sulekere 
in the Shimoga district, held by Mr. Subramania Moodaliar. There 
is also a syndicate— the Haji Prospecting Syndicate— holding concessions 
ill the Holalkere taluk of the Chitaldrug district. 
