OUR GOLDFIELDS.

Auckland Star, Volume XXVIII, Issue 251, 29 October 1897, Page 5

OUR GOLDFIELDS.

■ *• MATAWAI. At a meetingot shareholders in this Company held yesterday in Mr J. H. Harrison's office resolutions were adopted empowering the directors to dispose of the property. COROMANDEL FREEHOLD PROPRIETARY. The ordinary general meeting of shareholders in the Coromandel Freehold Proprietary Goldmining Company was held yesterday afternoon at Mr H. Gillillan's office ; Mr W. Gorrie presiding. The report stated that the property was beingworked on option by the Scottish Coromandel Freehold Syndicate, and that there was every probability of the property being taken over. The report and balancesheet was adopted. Tbe retiring directors, Messrs J. Smith and Jesse King, were reelected, and Mr K. E. Isaacs was re-elected auditor. Mr J. M. Marshall reports very favourably on the result of the development work and the prospects of the mine. He estimated that tbe quartz would yield at the rate of £3 per ton. He had every confidence in the property. A vote of thanks was passed to Mr Marshall for the information which he had afforded to the shareholders. TEMPLE BAR. The first annual meeting of the Temple Bar G.M. Company was held yesterday afternoon in the Company's office, 93 Queen-street. Mr Graves Aickin presided. The annual report stated that the Company had done 250 ft of driving and prospecting, and had unearthed 15reefs, varying from 6in to 22ft in width. The balancesheet showed receipts to be £870 18s (3d and expenditure £852 16s 7d, leaving a credit balance of £18 Is lid. The report and balance-sheet as read were adopted. Messrs Craves Aickin and Carr were re-elected directors, and Mr J. M. Shera was reappointed .auditor. At a special meeting held immediately after the general meeting the appointment of Mr C. J. Stone as legal manager was confirmed by the shareholders. ALPHA. The ordinary meeting of shareholders in the above Company was held yesterday afternoon in Mr H. Gilfillan's office. Mr A. Barnes . presided. The report of the directors referred to the amalgamation with the Rainbow Company, and the arrangement made for the erection of the nfew battery. The statement of accounts for the half-year showed total receipts £463 10s 4d, aud the expenditure left a balance to credit of 9s Id in hand on the 30th September. In moving the adoption of the report the Chairman mentioned that the syndicate that had undertaken the erection of the battery had been formed into a limited liability company, thus ensuring the work being carried out. As soon as the battery was ready they would be in a position to supply to it payable ore for treatment, He did not anticipate having to make calls to work the mine. The reports were adopted. ADELAIDE. The ordinary general meeting of shareholders in this Company was held yesterday in Mr H. Gillillan's ollice, when there was a good attendance. Mr W. Gorrie presided. The report of the directors referred to the developments in the mine. The finding of the reef on the south side of the break was referred to as important. The statement of accounts showed total receipts £1,707 10s 4d, and the expenditure left a credit balance in the bank of £205 9s sd. In wages £1,031 8s was expended, and £161 16s 7d upon mine requisites. The mine manager in his report referred to the new devleopmcnts, and said there was every indication of there being a good shute of gold downwards. In moving the adoption of the report the Chairman said that the five ton crushing from the new leader had yielded 15ozs of gold worth £3 per oz, which was very satisfactory. The report was then adopted and the retiring directors, Mr W. Gorrie and Captain Smith, were re-elected. MOANATAIARI EXTENDED. The annual general meeting of shareholders in the Moanataiari Extended G.M. Companywas held yesterday afternoon at Mr Macky's office, Victoria Arcade, Mr C. B. Stone presiding. The directors' report stated that the mine manager was driving on a large reef in splendid countiy, and it was possible he might come on a shoot of gold at any time. The receipts were £289 2s 7d, and the expenditure £193 13s 4d, leaving a credit balance of £95 9s 3d. Messrs James Dickey and W. Bloomfield were re-elected directors, and the appointment of auditor was left in the hands of the directors. LAPSED MEETINGS. The annual meetings of the following companies lapsed for want of quorums. lona (cash in hand £52 6s 6d), Staffa (£3l 12s), Waikoromiko (£39 5s 9d), and Barrier Estates in which the total receipts were £143 16s 9d, while the expenditure exceeded this amount by lis lOd. Aotea G.M. Company: The statement of accounts showed receipts £362 4s lOd and the expenditure £242 6s 2d, leaving a ! credit balance of £119 18s Bd. Mount Argentum : Receipts £308 10s lOd and expenditure £2SB 2s 9d, leaving a credit : balance of £20 8s Id.