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THE GOLDFIELDS.

CADMAN G.M. CO. •rh •' P,l ft,: " wa,,t ot " 'laorum. I ttu e «Ureo torereported that the number i mp it, r4.500 shares. The total amount of I 2 by the company in respect of i pnyincnta of the company on to the date of I tills report are as follow:—Receipts: Kccount of .-illotment ..f shares. £357 10/ Pay- ! Cnmmlßslon. 17 d: registration i nna fnrmatlon <>f company. £38 ;V«; woses. I : .-■■.> W; mining requisites, £17 13/: direc-• I nrs fees unil general pxpensr.-i, £C> 11/8: i : accident insurance aiifl rent. £11 S/0: salari i«;«. £7: bnlam-e in bank, £SX) 1/. Total. ! .L.i.ii id/. The manager's report stated that dnrinjr ! j fin' v.eck ondin.i.' .Time :ird rhe drive and ■ I reef n;id hopu continued with two shifts, i SMice Kt.-irtin- ;> total distance of 57 feet ' hail been driven. Thp reef in the face is it present two feet wide, composed of hard sfouo of very little value. Ho was not say- . the..re. as it wnnlil not pay to treat. Dul expected a change for the better at very moment, aa pond ore n-ns in tile npper 1 level about fho point <>f wortiuß. nnd ai> ; cording to the appearance uf the country t should carry rtown. MOAXATAIARI EXTENDED. j __ Sharphcrtfioi-s in tbe Moanataiari Kit.-utjc-a i I 'i.M. Co. held thi* statutory lucetin;; jester- i I <J;ty afternoon at Mr .1. W. Nichols , " office ! I when Mr J. M. Lpnuox presided. The report stared that 01.54(1 cimtributlnsr nnd 47,1*54 , futly paid up shares h.nd hi-eu allotted. The I consideration for which such paid-up shares ! had hern allotted was as follows:—Pay- | ; meut by Thomas Aitken liunlup and Albert j ! Brucfi to tho coiupnny of the sura of i(«7 | ; 'J/4, and the transfer by them to the comj pnny of the Hidden TreaHure special quarts j claim, Thames. The total amount of cash I received by the company in respect of the I contributing shares was £4.'!7 15/. Tho ! linlanrr-xht'Pt showed receipts totalllnst : ! £107") 4/4. and expenditure £6")4 l(i/ less. I The report and balance-sheet were adopted, I J and the old board of director? re-elected. YYAIOTAHI. The new tailings plant h.is been eomplet- I '•d at the Walotnhi G.M. Co."? battery, and j should be ready to start work on Monday ] morning. Two Watson and Denny pans have lieen erected, which arc driven by a J Pelton wheel, and U Is intended to add v ! ihird pan. making four in all, enabling four rons to lie treated even- :M hours. Till-: WAIIII PIMP. (Bj 'Xcles'"apa.- --i/wu correspondent.) I WAIHT. this day. : The Wullil l>1? nuinp. after a i i lapse of three months, consequent upon thr» j ! installation uf an intermediate plunder. I 1 enmincm-od opf'rations yostpnhi.v. Thi!. [ilui-iiiß uf the pluufc'or tietwoen the unrfncG i and No. 7 Icvpl %vas the result of trie Ai-linn taken by the Mining Inspector after the i , fatal uceldput hi So. o shaft, whioli resulted In the matter .-.'iniiia: bt-fore ihc AVar- : don. i j Kiriluri Mines. Ltd. —Work on Uiis company's, property has now been started, four men bpin at present employed. The low i ' !'vel t<llllll.o in Ibi- Horseshoe section has been cletiued up, and it rlw vii Ihu reef will j lip started Ht once lo connect with the in- ! tcrnn-dlnte or rrefl; level, in the Filly section it is intended to start al once sinking n winze un the reef f.T the purpose of testthe value of the reef down r>eforo enter- ! ; tiiinins n low level, pold havirs been left i alnns- the floor of tbp old Filly level. I

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19050610.2.6

Bibliographic details

Auckland Star, Volume XXXVI, Issue 138, 10 June 1905, Page 3

Word Count
600

THE GOLDFIELDS. Auckland Star, Volume XXXVI, Issue 138, 10 June 1905, Page 3

THE GOLDFIELDS. Auckland Star, Volume XXXVI, Issue 138, 10 June 1905, Page 3

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