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TELEGRAMS

(from our own correspondent.) » - ■ — ANNUAL MEETING OF THE ALBURNIA G.M. CO. £1,380 IN HAND. MOANATAIARI AND THAMES COMPANIES’ DIVIDENDS. SHAREMARKET. GALE IN THE SOUTH. COMMUNICATION WITH SOUTHERN PROVINCES STILL STOPPED. AUCKLAND. Monday, 8 p.m. Andrew Scott, who was charged at the Police Court with committing a breach of the Stamp Act, was fined twenty shillings and £7 costs. The annual general meeting of the shareholders in the Alburnia Gold Mining Company was held to-day. The directors’ report was read and adopted. The balance-sheet was read and confirmed. It showed that the receipts from gold returns during the past 12 months were £9,922 19s lid, other monies received principally from calls, £3,246, making a total from all sources of £13,169 14s 7d. The sum of £1,950 has been paid away in dividends. £9,839 5s has been expended in works, contracts, wages, etc., leaving a balance in bank of £1,380 9s 7d. The mine manager spoke very hopefully of the prospects of the mine. Thomas Russell and Joseph Howard were re-elected directors, they having retired in their turn.

The Governor has returned from his visit to the Krwau. The Moanataiari Goldmining Company and the Thames Company hwe each declared a dividend ot 10s per share. Masefield has obtained the contract for the erection of a battery for Mr Joseph Bennett at Kennedy’s Bay. The plant is to consist of 21 head of stampers, with berdans attached, and the whole thing is to be ready to start to work crushing in three months. George Prince has been committed for trial for obtaining £ls from Mr John Mowbray, sharebroker, by selling him 150 scrip in the claim known as the Moonlight, at Coromandel, a claim in which the prisoner was not a shareholder at all. A fair business has been doing in the sharemarket to - day. Moanataiari, Thames, and Central Italy advanced slightly in price. Bismarcks sold at 345; Otagos, 265. There is no sign of the Nebraska with the mail. NAPIER. Monday. The s.s. Star of the South has experienced very severe gales from the north-cast, and was forced to put back, after lying to for 48 hours. The ship Maliia will leave here on Wednesday, with a fresh cargo for Wellington. No communication with the South lias been obtained up to the present, the rivers being still flooded.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TGMR18720430.2.11

Bibliographic details

Thames Guardian and Mining Record, Volume I, Issue 174, 30 April 1872, Page 3

Word Count
387

TELEGRAMS Thames Guardian and Mining Record, Volume I, Issue 174, 30 April 1872, Page 3

TELEGRAMS Thames Guardian and Mining Record, Volume I, Issue 174, 30 April 1872, Page 3

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