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Waikato Times, Volume XIII, Issue 1030, 30 January 1879, Page 2

Tat/piei Coalmining » oMrA*.<_- (Li_iixed).— The half-yearly general meeting of shareholders -was held at the Company', office, Fort-street, Auckland, on Tut eday afternoon, Mr John Eoberton in tho chair. Tho report and ba ance-sheet, aa read, ware adopted. Tlie following is the rer-o-.i submitted by the directors :— « The directors beg to lay beforo you iho bala«"_. shoot lor the _ix months ending Tje-r A 1878 The. profit and loss" aiS June -JO lust showed a debit bal.nc«» tf £333 6s <id; the ct earnings for the last six months amount to _7.G 18s -Id Anleaving a- credit balance of £U?> loY'i.-. v' earned forward to profit and Wm-v/ account Upwards of £500 'h„v_ l Jt .",. n expended during the last half-year in jug additional plant and material _ similar amount will be required for wind ing and pumping machinery for the lowlevel workings of the __in« TlLempany'a household coal is da.'lv+Ad'Awore favor w|ty the public, aud "foj

titcam coal a larger demand may be expected aftor the rails at Auckland and Onehunga are connected with tho shipping. Tho directors did not think it advibablc 1" U-iulcr for the contract of supplying the Guvcriuueut railways, as thoy find uo difficulty in disposiug of tho Company's coal at more remunerative prices."