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Mining Company Meetings.

Waiotahi .(T|iames).~p[^f s»nnuil meeting of the Waiotahi Gfftldmining Company was called foicTha^i^v after, noon, at the',office' otvMr/'F^^^hite*' .' legal manager,; Auckland.; At the time appointed there" were only? two|Wuure« holders present, including Mr C;«r.Btone, the Chairman of direbtors. The following; is the statement of the .a^irs^i^the company.—Balance-sheet: To mine wage! and other expenses, £4,672 3s Id ; battery wages, &c.,£1397r 16s sd*i Hcensej &c.> £74} advertising, &c.; ;£i4^^lpg ;;sd>^ balance, £2160 H*: 4d; totial^ £8449r4s 3d. '■ By gold, Msßozs, l^^ti,>£s243 !•; Id; tailings, J§l# Is{^terest^^&S? 2« 2d • total, £«49 4s 3d; \ Todividendfc paid, £2250; balance; £1392 18s; total. £3642 18s. By fylanoe, |June SO, 1883, £1482 3s 8d; amount gained June. 30, 1884, £2160 14s; 4d; total, £3642 18s. •■V-;.; . Ivanhoe (Karangahake).^^—The first annual meeting was held on Thursday afternoon at the office of Mr F. Ai WKite,; legal manager, Auckland. Mr CivAlex-y ander occupied the chair. From the directors' report it appeared that* tramway had been constructed at- a? cost of about £600, and, when completed, a small crushiog had taken place, which gafe ■ return of lOoza.lTdwts. melted gold. At the present time there is about 70 ton■ of quartz ready for crushing. Tha reef in , No. 1 lerel is four feet thick, tne reef go- , ing north from the wince,. two feet .thick, and bo,th looking well. 620 feet hag been , driren'on thetwo lerels, and 75 feet sink-* 'ing winzes, «nd it was the hope in a short time that sufficient gold would be obtained to pay off all liabilities and place tile company in a good financial position. Th« balance-sheet showed r~To/:!ininb-'..;**"'' peh»es, £1217 14s 7d; office expenaei, £106 17s sd; total, £1324125: Bj gold, ' lOozs. 17dwtg., £30 16s 7d ; pre-^ mium oh shares, £491 5s 2d; balance/ £802 10s 3d; total, £1324 12s. Messrs J. C. Firth and Adam Porter, retiring directors, were re-elected. • , "' Lucky Hit (Waiorongoraai).—The annnal meeting of shareholders was an« nounced to be held on Thursday, but had to be adjourned for want of a quorum. The following is a statement of the affairs of the company:—To mine expenditare, wagesi&c., £340 4s lOd; head office and expenditure, £102 18s lid : total, £113 3a 9d. I By gold, £21 13s 8d; premium on shares, £125; balance, £2»6 10s Id: total, £443 3s 9d. ■ .:;'^,Ep^-^;/ r ;- :■

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18840802.2.18.3

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XV, Issue 4856, 2 August 1884, Page 2

Word count
Tapeke kupu
381

Mining Company Meetings. Thames Star, Volume XV, Issue 4856, 2 August 1884, Page 2

Mining Company Meetings. Thames Star, Volume XV, Issue 4856, 2 August 1884, Page 2

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